Singapore PMX 60 Min Gold

Monday, July 28, 2014

ONE (1) minute Drill for Monday, Jul 28, 2014, PM Complex

No need to waste time, simple update, for your info.

  You can guess what I think the next direction might be !!

Sunday, July 20, 2014

What are we looking at, where are we? Next ? WHAT MACD really means........

Now where do we go from here ?  so if btwn 25.5 and 26.25, is the battle zone, what are the outcomes ?
Further, what have the shaded parts to do with this, and what do they indicate?
    Might want to sign on to make sure you don't miss the next move.
Did you get your copy of 12 Minor Miners?  Or the 3 Miner Special?  Again sign up they are free one with each subscription, and nothing to lose......  What could we do from here?

    WHAT DOES THE MACD MEAN ?  The macd means, that it reflects the direction of the change or goes up if a decline goes into neutral.  It does NOT anticipate moves,
so if the DOWNTREND STOPS, the MACD goes UP.  It reflects; not anticipates.

  Well, its not that we KNOW, its that we have dissected this move, and gamed out the potential next moves.  We know what our next moves will be if A happens, if B happens, and if C happens.  Sign up for PEAK PICKS no risk and see what we can do for you.  Is there any reason we cannot do this for YOU.

Time to stop getting FRONT-RUN, so sign up now and kick that habit........!!

Friday, July 11, 2014

Now are you Ready To Rumble? What do you mean NO MORE GOLD LEFT?


Now for the GOOD NEWS:

    You see its NOT all BAD news, THEY have NO GOLD with which to punish us, but they want to keep us cowed, scared and head down and its not working, is it.

    If they had the GOLD to do it with, they would have whacked us badly as soon as they could, but all they can manage is the occasional
harassing raid, to try to scare the timid.

    These guys who in G.O.T. probably freed more slaves than Lincoln, are coming with their freed compatriots behind them, ropes, torches and pitchfolks, to play HELL on the destroyers of Honest Money.  Fear them, Hail Kalassci ! Here it comes

Saturday, July 5, 2014

WHAT IS THE REAL QUESTION? Here are some hints...........

Interesting to see how this below chart may be forming a mirror image of above?
In addition, when you consider the Internal Breadth of this whole PM COMPLEX

Then ask yourself, WHY do those NINE DAYS clump up like that, and did they do that back in April and May ? Take a look >

Maybe a ledger sheet from the 3rd Season, 3rd Episode from Game of Thrones will illustrate the point.

THIS SEGMENT from 1:07 to
1:39 gets the whole point across
(link to YouTube)
"BECAUSE if We do not pay them back their GOLD they will FUND our enemies and get their GOLD one way or the other" and these guys will come looking for us !!  Yes we will, pitchforks, ropes and on it, LOL.

   Yes it is at this point that Tyrioun figures out from the ledgers that not only is there no Gold left, but that they have borrowed more Gold than they can pay back from Tywin and the Iron Bank, and in debt in fiat as well. HMMMMM.

   I think there is NO MORE GOLD to be begged, borrowed or stolen.  I'd play the Chinese Card myself, relative to Gold and Silver, at it helps us all.  They short the paper, and long the metal.  I am only halfway there, going long the metal with every paper dollar I can get my hands on.  Libya has been ripped off, as an other N.African nation as well as Ukraine, and Mali, so now, who they gonna steal any more gold from.???     IF they had the Gold, like they used BOE's Gold last year, then WTF don't they use it.     The bottom line is they are OUT OF AMMO, or they'd have used it, and everyone would be afraid to go back in............which you can see no one is, as each time there is a p*ss ant raid, the price ramps right back up with no fear.............

    Thus they lost control back at the end of may and are trying to hold this line now, but will fail, IMO, cause they got NADA to do it with, and are hoping against Hell which I suspect is gonna break loose on them, slow or fast, but I suspect they cannot hold it back...........

   Your gonna read a great deal of bullshit about how this was just short covering etc, etc, yadda yadda, why this cant last, etc, etc, which watching last June's Bottom to Sept, Dec to March, and now this one.  Slice it anyway you want but the bottom is at hand.  All the top and bottom callers are getting their butts kicked, cause I don't see a lower bottom in either Metal or Stocks that is confirmed by the other in my GolDow® concept, so I just work with direction and let the levels( amplitude ) take care of itself.  If you want to see this in action, sign up for PEAK PICKS, or CARTEL~BUSTER ! which have money-back guarantees, or XTTERRA just to stay ahead of the markets........Good Luck

Thursday, June 26, 2014

From HBO's GAME of THRONES -->> DON't Go to the WEDDING, its a TRAP !!!, Bill Holter wrote that this week

There you had the single most shocking and bloody episode short of the Pacific Theater in WWII.  HBO did a stunning job in producing for me what is an addictive story.

     And yes almost everyone in the Stark Family dies at the Red Wedding.  So if it is a "Trap" do we all die?  No I don't think we do.  We know not to be disarmed and under the gaze of elevated galleries.  We know to have OUR men on the Gate, NOT partying, and make sure THE OTHER GUYS get drunk........need I go on??

      So why else are we not going to suffer the Stark Family's fate?  Well for my one and only fundamental point:  Last year during the TAX DAY MASSACRE, an amount of Gold CONTRACT Derivatives equal to 2.5X Newmont Mining's annual production was sold in one MARKET transaction, in the middle of the night.  When the follow up sales happened, there was not ONE bid left in the range. Cleaned every bid in sight and dropped the KRIMEX Fraud KUOTE by hundred's of FRN's.
    It seems to have scarred memories but not have its particulars called to mind, but I wanted to put the comparison  of the Tax Day Massacre against the THURSDAY Spike. I don't care what caused it, little would I want to deprive the Gurus of such good gossip.  Figuring the Notional amount of money in the TAX DAY MASSACRE, I came up with btwn $ 7 and 8 Bil. The notional amount involved in the THURSDAY SPIKE under but close to $ 500 Mil or HALF a BIL.
If i adjust for the time and transactions involved, I conclude that the Gold Derivative Contracts in the THURSDAY SPIKE, whether for delivery or wall paper, its pricing was about 8 TIMES to the upside than it was to the Downside in the TAX DAY MASSACRE.  Apparently large amounts of Gold Derivative Contracts traded to the Upside in apparent haste, scares a lot of people, which I take means that there are no longer large quantities of Gold for Good Delivery, very close at hand.  Kinda like, No more gold around here any more or so it seems.
      It is like someone is worried.
Now since I am a technical analyst, lets get technical :
    GDX started it's run about May 29 and ran up about 24 days, with one small down day about Jun 16, essentially marking the Halfway point of this leg so far.  I drew in 2 SRL's, Speed Resistance Lines which support prices moves until they run out of energy, and in this case, marked with GOLD Box where the last support intersected the week of July 8-11.  This rally leg ran about 24 days up, and so assuming a 50% time correction, according to GANN, we might see a correction or consolidation ( flat correction) lasting about 11 days, hence the week of
Jul 8-11.  Lots of talk about India gold tax changes coming manifest Jul 10, so I figure if it matters the market will beat them to the punch by a couple days early.

    We an look at the TREND MEASURE, the MACD underneath (Bottom Panel) if we want to see the trend rolling over in correction, and compare that with the MOMENTUM(WithIn Trend)(TOP PANEL), and it has dropped out of its Upside OverExtended posture. I am thinking GDX will correct but not break thru,so I'd pick about 23.75 to 24.75 for where it bounces off.  Last Line-In-The-Sand, I drew @ 23.5 GDX was smashed down to 22.0 GDX in 3 days, took a hockey puck bounce and ran up this Bull Leg to here.
   So while I know it can happen, that would mean that even if the LINE were busted like last time, say another 1.5 GDX points, we'd end up at 23 or
23.5 GDX ,at which point another Step By Step Bull Leg will come about to everyone's  great surprise.
  You can get more complex technicals, but I don't think anything could be more clear, so I watch.............Hope you will too !!