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The Gold Traders Who Know What They're Doing Are Going Massively Short
Trade the Cycles Blog ^ | 9-21-07 | Joe Ferrazzano

Posted on 09/23/2007 1:50:53 AM PDT by joefrocks

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1 posted on 09/23/2007 1:51:10 AM PDT by joefrocks
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To: joefrocks

bttt


2 posted on 09/23/2007 2:12:39 AM PDT by GoodWithBarbarians JustForKaos (LIBS = Lewd Insane Babbling Scum)
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To: joefrocks
So is the point, that we are heading into a deflationary cycle that will impact the world?

Or is China just manipulating precious metal markets to buy additional inventory?

3 posted on 09/23/2007 7:22:04 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: texas booster

The current real estate/mortgage/credit bust is a deflationary cycle that will last for years, and, is a major negative for gold.

Any gold manipulation is short term in nature and doesn’t alter the big picture cycles in a meaningful way. Gold has risen about 2% in 16 months, from May 11, 2006 until Friday 9-21-07. That’s NOT a bull market move.


4 posted on 09/23/2007 11:42:37 AM PDT by joefrocks
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To: joefrocks

London fix is down 733


5 posted on 09/24/2007 4:44:07 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Sarkozy)
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To: joefrocks
Check out the au charts and you'll find a steady rise since 9-11-2001


6 posted on 09/24/2007 4:48:29 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Sarkozy)
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To: dennisw
London fix is down 733

London fix is down 743 now...

7 posted on 09/29/2007 8:40:34 AM PDT by bjs1779
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To: dennisw; joefrocks
It's always nice to revisit a thread now and then.


8 posted on 02/20/2008 3:53:09 PM PST by bjs1779
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To: joefrocks
The gold traders who know what they're doing, the savvy usually non contrarian gold Commercial Traders, are going massively short.

I call BS. At the time that document was posted, Gold was in fact consolidating from a previous runup.

But the world is addicted to printing paper currency to cover government deficit spending. Until THAT problem is cured... the Gold Bull market continues...

9 posted on 02/20/2008 4:00:41 PM PST by John123
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To: bjs1779

Up up and away


10 posted on 02/20/2008 4:10:08 PM PST by dennisw (Never bet on a false prophet! <<<<<||||>>>>> Never bet on Islam!)
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To: John123

Although there is some merit in interpreting the shorts as an indicator of decline, the chartist mumbo jumbo is the modern equivalent of entrail reading.

Until the $ turns, hold on.


11 posted on 02/20/2008 4:20:41 PM PST by bert (K.E. N.P. +12 . Never say never (there'll be a VP you'll like))
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To: bjs1779

Today? ~950


12 posted on 02/20/2008 4:23:37 PM PST by RightWhale (Clam down! avoid ataque de nervosa)
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To: bert

One more thing.

Later this year the Arab friends of America fearing Obama will act to reduce the price of oil, strengthen the $ and allow the price of gold to begin a slow decline


13 posted on 02/20/2008 4:23:43 PM PST by bert (K.E. N.P. +12 . Never say never (there'll be a VP you'll like))
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To: RightWhale
Today? ~950

I think it hit 947 at one time today. I don't think it is done by any means.

14 posted on 02/20/2008 4:31:43 PM PST by bjs1779
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To: Halgr; nicmarlo; groanup; Toddsterpatriot
Like, *PING*, dudes.

Just 'cuz you like financial threads.

Cheers!

15 posted on 02/20/2008 4:45:15 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers

Well, looks like to me all those guys got their “shorts” handed to them. LOL.


16 posted on 02/20/2008 4:49:22 PM PST by groanup (Don't let the bastards get you down.)
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To: groanup
Well, looks like to me all those guys got their “shorts” handed to them. LOL.

They all have been wrong since the word Go - ld.

17 posted on 02/20/2008 4:53:20 PM PST by bjs1779
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To: grey_whiskers; Halgr

lol...gw.....methinks that is NOT the reason why you ping...


18 posted on 02/20/2008 4:54:29 PM PST by nicmarlo (A vote for McRino is a false mandate for McShamnesty)
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To: nicmarlo
lol...gw.....methinks that is NOT the reason why you ping...

Then what reason do you think he pinged you?

19 posted on 02/20/2008 4:56:35 PM PST by bjs1779
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To: bjs1779

I have my suspicions. What’s it to you, anyhows?


20 posted on 02/20/2008 5:00:44 PM PST by nicmarlo (A vote for McRino is a false mandate for McShamnesty)
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