Copper prices go up ahead of any expected economic growth. I think this copper price reflects a slow down in economic activity world wide.
Copper prices go up ahead of any expected economic growth. I think this copper price reflects a slow down in economic activity world wide.
http://news.goldseek.com/GoldSeek/1365969600.php
“How the gold market was crashed.”
By Bill Downey
Best and most plausible explanation of how the gold price was taken down in a planned “beehive attack.” Very interesting read, and a window into the world of real gold trading. Once again, the physical gold market network/system “froze” and prevented buying back in long after the price had broken support at 1525, triggering automatic stop-loss orders taking it down under 1475. Then the physical gold window slams shut, what a coincidence! Great read.
Repost I: Essay on Market Decoupling
(note to those who may happen across this days or weeks after this posting - her postings scroll down continuously as she adds posts - look for the April 14, AD 2013 8:33 PM MST timestamp)
For no particular reason(save the fact that I’m waiting for my car after a recall, at the dealers):
buy low sell high. if the supplies are low, the demands will be high. “you cant cheat an honest man...never give a sucker an even break, or smarten up a chump” WC Fields
That is all. Have a nice day.
I’ll go with manipulation.
The demand in the physical silver market is through the roof.
There is no excess supply of physical silver. With no excess supply, prices should go up and not down.
To me, this is a deliberate pricing blowout to clear the decks, orchestrated by JP Morgan and Goldman Sachs. It tanks the price so the powers that be can load up on physical metals while the price is tanked, in preparation for the next rise.The price of silver and gold is set in London by a very small group, and JP Morgan does the policing.
Look folks, there is no mathematical way out of the debt bubble at this point, nor a way out of the dollar no longer being the reserve currency of the world, because of the former.
Even Stevie Wonder can see which way the wind is blowing.
The rest of the world, the banks and the elites are NOT going to stop buying gold and silver because the price tanked. The paper market has been so manipulated in silver and gold that it does not have any correlation to the physical market.
When you have every major central bank on the planet printing paper to beat the band, there is no safe paper, period. Only hard assets will hold any kind of value.
Don’t be distracted.This is a tremendous opportunity to do so, at much less expense than last week.
The LBMA has reacted in desperation, conspiring to sell 500 tons of paper, fake, not-real, naked-short, IOU gold on Friday in a deliberate attempt to shake Gold loose from weak hands and to discourage physical redemption.
Eastern hemisphere central banks are going to buy the hell out of this paper intervention. The Gold is going east. Westerners with unallocated Gold are going to be left with a pile of worthless paper.
And if the LBMA actually defaults then the world is going to change overnight. We'll see a zero on the end of the prices of Gold and Silver.