[jiggyboy]

YES there are cartoonishly gigantic props, just like the last two times gold dropped a hundred bucks nearly straight down immediately after his most recent buy calls...

...on February 11, 2010

...and on May 18, 2010

Our FR post from that day is here http://www.freerepublic.com/focus/f-news/2515812/posts

Full-size video here http://www.cnbc.com/id/15840232?video=1564464318&play=1

At the moment, I'm having trouble getting it to play for more than a couple of seconds, but I'll post my best stab at a transcript of the juicier parts ASAP.

[Libloather]

Why You Should Buy Gold Right Now (JIM CRAMER SELL SIGNAL!)

Well, that doesn't too good either way.

[mylife]

Buy lead. It trumps gold

[Libloather]

Why You Should Buy Gold Right Now (JIM CRAMER SELL SIGNAL!)

Well, that doesn't sound too good either way.

[Libloather]

Why You Should Buy Gold Right Now (JIM CRAMER SELL SIGNAL!)

Well, that doesn't sound too good either way.

[taxtruth]

Gee,I bought gold 10 years ago at 270.00 an ounce,Jim/duma$$ is a little late with this info.Gold RULES!

[jiggyboy]

RED ALERT GOLDBUG PING

And as if the Cramer contrarian indicator weren't enough, we have Goldman Sachs issuing a strong buy today as well!:

Goldman dedicates 9 pages to a regime change in which it goes openly bullish on gold. The report is attached, which we present without commentary but as always, if there is one flashing red light saying the peak price for any asset has been hit, it is a Strong Buy signal by Goldman. The report will likely result in a brief pop in spot over the next 24 hours as the idiot money rushes into the latest Goldman trap. Alas, it also means that GS is now offloading. Be very wary of market dynamics over the next month.

http://www.zerohedge.com/article/goldman-goes-goo-goo-gold-gold-market-poised-rally-us-real-rates-head-lower

Mail me to get on or off the Free Republic Goldbug Ping List

[taxtruth]

10 years to late GOOFBALL!

[kbennkc]

Aw nuts! Now that everybody knows, nobody will sell me any gold.

[Parley Baer]

“which is another sign that gold is scarce.”

I hope that is true. I have a position in an undeveloped gold mine in Argentina. Proven reserves just waiting for the right buyer.

[cranked]

You all keep buying that gold....memo this to Kramer since apparently history eludes him, especially given the power grabbing penchant of this IdiotPOTUS: http://www.the-privateer.com/1933-gold-confiscation.html

[kamikaze2000]

Even gold can’t go up forever. It wasn’t too long ago when a St Gaudens Double Eagle was less than $500. I should have sold everything I owned and bought Golden Eagles back then...

[blam]

Nikkei Hits One-Month Low, Battered By Economy Worry

The Japanese Nikkei-225 was down 2.28% when I looked at it earlier. It is down only 1.86% now as I post. See here.

[Mark]

My Nigeria email will trump this strategy!

[Sarajevo]

If Cramer is right about a sell-off coming early on Thursday, then that could be “your dream come true” to buy gold.

Never, ever follow Cramers advice. He's a showman, nothing more.

[Atlas Sneezed]

I’ll be amazed if gold drops below $1000. Before it does, the big boys (central banks, nations) will be buying all they can. Remember China’s big bold buy at $1045? It hasn’t seen that point since, and likely there is more bucks at that price waiting for an opportunity.

If it drops below $1000, lots of people who missed out the first time will be lining up to buy,

[jiggyboy]

Here's my little May 17 graphic -- the "moved or deleted" one in the original post was just the picture