global financial meltdown

GOLDEN THUNDER: Rumblings in the Gold Market

From: www.money-tigers.com

GOLDEN THUNDER:

Rumblings in the Gold Market

“When you start to hear thunder, it doesn’t mean that the storm is over. It’s only getting started!” - George

Price drops in the past few days have got the media tongues wagging again. They just love to hate GOLD.

It’s against their youthful training at the hands of die-hard Keynesians. They learned their ‘scripts and lines’, they graduated and are now working for the system that trained them and, are expected to play their parts regardless of the true reality of Economics.

In fact, just yesterday it was reported that the FED doesn’t want bloggers to comment on economics at all. They want that left to professionals, like themselves.

And, so, another priesthood has established itself as the arbiter of Truth. These are the same guys who are responsible for the Global Financial Meltdown which is still far from over.

What with the FED wanting to limit the freedom of speech (all except their own, of course!) and the head of Goldman Sachs saying that he’s doing ‘God’s Work”, you can see that we have some pretty demented thinkers and thinking running things at the top.

And, don’t even get into the political ‘leadership’ vacuum we’re experiencing!

Here’s the facts versus ‘bedtime story’ about GOLD:

The strongest economies desire it and are building up their supplies of GOLD:

Russian Gold accumulation in 2010

The above chart shows that Russia is focused on gathering Gold. China has and is doing the same thing as has India.

For big buyers like these, drops in price are just convenient ways of buying still more Gold and at cheaper prices.

This is the hunting pattern of the Money Tigers of the markets. Stampede the public by selling to them in quantities large enough to make the public panic and then, stepping in to buy again in even more massive quantities.

Let’s take a unique look at the Gold market from the perspective of our Excalibur analysis with a special visual display of what’s happening in the GOLD market right now.

Click on the membership banner to read the rest. It’s FREE . . .

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Think about it a bit for yourself.  Just who does the media (who’s trying to get people to sell their gold) represent?

FACT: The countries which are strongest economically are BUYING GOLD.

FACT: One of the largest hedge fund managers is BUYING massive holdings of GOLD for his very wealthy clients.

So, who’s selling? The Money Tigers clearly want the public to let loose of some of it’s Gold so they can buy it up and take it off the market at fire sale prices.

I, for one, don’t believe the hype at all. That’s why I think Silver and Gold are excellent protective devices for our upcoming economic times. - George



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Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis

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A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of market price movements and try to align ourselves with them.