tag:blogger.com,1999:blog-7130708113832839690.post7759903742233332002..comments2023-10-29T02:04:09.499-07:00Comments on Smart Money Tracker: PORTFOLIO CHANGEGaryhttp://www.blogger.com/profile/14556370683669428668noreply@blogger.comBlogger279125tag:blogger.com,1999:blog-7130708113832839690.post-69235121330119921152011-12-13T06:53:45.828-08:002011-12-13T06:53:45.828-08:00This comment has been removed by a blog administrator.Brutus Maximushttps://www.blogger.com/profile/05698575863262360011noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-30538831051632780352011-12-10T15:12:10.874-08:002011-12-10T15:12:10.874-08:00new postnew postDriverhttps://www.blogger.com/profile/09669844990891398319noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-72549348841707705652011-12-10T15:05:37.366-08:002011-12-10T15:05:37.366-08:00ECB has just announced Higgs Boson accepted as col...ECB has just announced Higgs Boson accepted as collateral for repo operations.head scratcherhttps://www.blogger.com/profile/04538631797389460806noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-40672661117293653782011-12-10T02:04:37.256-08:002011-12-10T02:04:37.256-08:00This comment has been removed by the author.Dannohttps://www.blogger.com/profile/13333890745859053814noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-29011776730845352732011-12-09T19:28:10.633-08:002011-12-09T19:28:10.633-08:00James said: "Big sell-off coming at the end o...James said: "Big sell-off coming at the end of today's session. The ascending triangle on qqq looks like a bull trap."<br /><br />Just curious how you see the picture now..hamvestorhttps://www.blogger.com/profile/04844569260549732922noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-45401617019949098642011-12-09T19:27:20.470-08:002011-12-09T19:27:20.470-08:00This comment has been removed by the author.Dannohttps://www.blogger.com/profile/13333890745859053814noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-47712060924553601922011-12-09T18:20:34.980-08:002011-12-09T18:20:34.980-08:00Jim Sinclair - enjoy & edify :^)
http://www.k...Jim Sinclair - enjoy & edify :^)<br /><br />http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/12/9_Jim_Sinclair.htmlCraighttps://www.blogger.com/profile/10430843772037400751noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-59275701914817399952011-12-09T18:19:52.708-08:002011-12-09T18:19:52.708-08:00Jim Sinclair- enjoy & edify.
http://www.kingw...Jim Sinclair- enjoy & edify.<br /><br />http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/12/9_Jim_Sinclair.htmlCraighttps://www.blogger.com/profile/10430843772037400751noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-79395744567139597952011-12-09T17:29:42.806-08:002011-12-09T17:29:42.806-08:00I also think paper gold and physical gold 'val...I also think paper gold and physical gold 'value' will eventually diverge when the dreaded run on physical occurs (if it occurs).<br /><br />There is no law of nature that dictates paper equivalents and underlying cannot diverge, especially if a daisy chain of 700 trillion in derivatives decides to collapse.<br /><br />Anyway, good luck to us all and thank you Gary for helping to increase my physical deposits.High 5https://www.blogger.com/profile/16815415405352412071noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-84949409120685714422011-12-09T17:04:37.826-08:002011-12-09T17:04:37.826-08:00Definitely a divergence is appearing on the MACD f...Definitely a divergence is appearing on the MACD for the dollarjames rhttps://www.blogger.com/profile/02306344289433015918noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-30521504811438031112011-12-09T17:02:29.106-08:002011-12-09T17:02:29.106-08:00".....and it doesn't matter how large or ...".....and it doesn't matter how large or small the paper markets are, they have to ultimately follow the physical market."<br /><br />This is a different subject. Yes paper gold and physical gold will move in the same direction, up and down, normally. I never disputed this. My only point is that the general long term price has been significantly manipulated down with the use of non gold equivalents which serve to siphon investment capital away from actual physical and into an inflatable paper market.<br /><br />The GATA type of manipulation, if real, does not concern me. I don't believe the manipulation I speak of is evil, just reality, and is totally necessary to prevent the global economy from imploding. <br /><br />The thing is the Bullion Banks expected the gold supply to catch up but the mines haven't been productive enough over the years what with extremely low prices and lower grade ores. Also fewer deposits left. Peak gold is behind us unless we get it from the oceans or outer space.High 5https://www.blogger.com/profile/16815415405352412071noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-78263161906320981872011-12-09T17:00:36.009-08:002011-12-09T17:00:36.009-08:00The dollar looking like it wants to perform anothe...The dollar looking like it wants to perform another double-top.<br /><br />If this was to occur then I would also expect a sharp pullback on precious metals next week.james rhttps://www.blogger.com/profile/02306344289433015918noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-60999566733308715272011-12-09T16:58:59.475-08:002011-12-09T16:58:59.475-08:00This comment has been removed by the author.james rhttps://www.blogger.com/profile/02306344289433015918noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-81046631663058668882011-12-09T16:42:24.292-08:002011-12-09T16:42:24.292-08:00I never said it has no value. I've always main...I never said it has no value. I've always maintained gold is a store of value. I said so in the previous comment. As such it has to be protected form theft.<br /><br />Again the physical market makes it impossible to manipulate the price of gold, either with or without the paper markets. We saw this first hand during the financial collapse.<br /><br />The selling climax during the fall of 2008 forced the price of gold, both physical and paper, below where the market would normally have fallen. What happened? Demand increased exponentially to the point that all physical gold was removed from the market. Then what happened? Price did a slingshot right back up to its previous level.<br /><br />What we had was a classic example of why manipulation cannot work in a true bull market with true demand, and it doesn't matter how large or small the paper markets are, they have to ultimately follow the physical market.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-16177559431635381222011-12-09T16:34:35.779-08:002011-12-09T16:34:35.779-08:00Gary,
I just wondered why you think people at the...Gary,<br /><br />I just wondered why you think people at the top of the money food chain choose to spend so much effort storing something you feel has no connection to money and is really only worthless shiny metal? Why not sell it and save the expense?<br /><br />"And furthermore manipulation just can't be done. As I've already pointed out, never in the history of the world has anyone successfully manipulated a bull market. The law of supply and demand makes it impossible. "<br /><br />Actually the law of supply and demand is the very thing which makes it possible. By artificially increasing the supply of circulating gold ten fold through the use of paper equivalents the price is manipulated downward. I'm surprised someone of your intelligence can't understand this simple concept.<br /><br />Seriously, you are one of the smartest people I have ever had the pleasure of learning from.<br /><br />Anyway, thanks for your answers. I know where you are coming from.High 5https://www.blogger.com/profile/16815415405352412071noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-27380671193502839942011-12-09T16:20:11.082-08:002011-12-09T16:20:11.082-08:00Bill,
Sometimes they do synch. The last daily cycl...Bill,<br />Sometimes they do synch. The last daily cycle in stocks and gold arrived almost together. I suppose they don't always match because they are tow completely different assets with different fundamentals even though both are driven to some extent by the dollar cycle.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-53285469430494606302011-12-09T16:16:44.293-08:002011-12-09T16:16:44.293-08:00High,
I'm not sure what you are asking me. Gol...High,<br />I'm not sure what you are asking me. Gold is a store of value. So of course it must be protected from theft. But the fact that the US gold supply is stored at Fort Knox doesn't justify conspiracy theories. <br /><br />It doesn't change the fact that no fiat currency is backed by gold. It doesn't change the fact that central banks can expand the money supply at will.<br /><br />Gold is protection against currency debasement. That is why investors and countries own gold. But gold isn't going to stop CB from debasing their currencies. Trying to manipulate the price of gold won't stop CB's from debasing their currencies. <br /><br />And furthermore manipulation just can't be done. As I've already pointed out, never in the history of the world has anyone successfully manipulated a bull market. The law of supply and demand makes it impossible. <br /><br />So I guess I don't understand your question.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-15112792096396688512011-12-09T16:00:19.559-08:002011-12-09T16:00:19.559-08:00Gary, was just looking at $GOLD's weekly chart...Gary, was just looking at $GOLD's weekly chart, and tried applying your 20 week cycle theory, and sure enough it fits like a glove. Wow.<br /><br />Given that, seems like we need a weekly cycle low in here, eh?Billhttps://www.blogger.com/profile/04903431719501161947noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-19132956457388341532011-12-09T15:59:25.361-08:002011-12-09T15:59:25.361-08:00Danno, again, my sincerest apologies mate!Danno, again, my sincerest apologies mate!Billhttps://www.blogger.com/profile/04903431719501161947noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-63699720995303008512011-12-09T15:29:48.738-08:002011-12-09T15:29:48.738-08:00Danno, again, just playing around w/you mate! I r...Danno, again, just playing around w/you mate! I respect what you think. Makes you interesting. And who knows what happened - I wasn't there.Billhttps://www.blogger.com/profile/04903431719501161947noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-26555220222975357382011-12-09T15:28:39.428-08:002011-12-09T15:28:39.428-08:00Oh, Gary, thanks for that bit on cycles - the dail...Oh, Gary, thanks for that bit on cycles - the daily/weekly part - it helped me understand things much better.<br /><br />One thing I don't get on cycles is, why are they all asyncronous? Like, I would have thought that the larger (weekly, is it?) cycles for the S&P somehow jive/sync w/the $CRB? And the $CRB with $GOLD (thinking here that oil and gold stay in yearly lock/step w/eachother, which they haven't lately, but over time James Turk says they have ... I myself don't know...). You get the drift - why do the cycles not sync up?Billhttps://www.blogger.com/profile/04903431719501161947noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-17503140220501370402011-12-09T15:23:57.093-08:002011-12-09T15:23:57.093-08:00Ben, thx for the stats, and yea what a bummer all ...Ben, thx for the stats, and yea what a bummer all that gold wouldn't make a dent. Amazing.<br /><br />Danno, I always knew you were an alien! Of course, the fossil record backs that all up, eh? I'm an Orion myself. heh heh heh - just kicking you around a bit mate! It's OK to be clinically insane; it's the criminally insane where I draw the line.Billhttps://www.blogger.com/profile/04903431719501161947noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-50209170105219896302011-12-09T15:17:03.185-08:002011-12-09T15:17:03.185-08:00This comment has been removed by the author.Grettlehttps://www.blogger.com/profile/00449753883317515149noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-76324230324172790042011-12-09T15:14:27.619-08:002011-12-09T15:14:27.619-08:00This comment has been removed by the author.Grettlehttps://www.blogger.com/profile/00449753883317515149noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-61817083703805444292011-12-09T15:07:49.996-08:002011-12-09T15:07:49.996-08:00This comment has been removed by the author.Grettlehttps://www.blogger.com/profile/00449753883317515149noreply@blogger.com