http://smartmoneytracker.blogspot.co.uk/2013/08/gold-hidden-agenda-behind-bear-raid.html
"In my opinion, the last eight months had nothing to do with the Fed trying to suppress the price of gold, and only a little bit to do with moving physical metal from west to east. As usual this was mostly about big-money insiders manipulating the market to generate maximum profit potential during the next leg of the secular bull market (which in my opinion will probably turn out to be the bubble phase of the bull market). They've managed to lower the starting point considerably below the natural bottom in October of $1675. The bear raid has massively increased the upside percentage potential during the next leg of the bull market, along with generating some pretty decent short side gains as they set up what I expect will be the trade of the decade."
Gary Savage
"In my opinion, the last eight months had nothing to do with the Fed trying to suppress the price of gold, and only a little bit to do with moving physical metal from west to east. As usual this was mostly about big-money insiders manipulating the market to generate maximum profit potential during the next leg of the secular bull market (which in my opinion will probably turn out to be the bubble phase of the bull market). They've managed to lower the starting point considerably below the natural bottom in October of $1675. The bear raid has massively increased the upside percentage potential during the next leg of the bull market, along with generating some pretty decent short side gains as they set up what I expect will be the trade of the decade."
Gary Savage
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Yup!!! Silver at GSR 67 was a signal to load up for at least a rebalanc to 35 min.
ReplyDeletehttp://scharts.co/1cKCHSM
"Cap'n, She can't take any more..."
Wile