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Wednesday Technicals from Rick Ackerman

Big Al
April 2, 2014

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18 Comments
    Apr 02, 2014 02:13 AM

    Indeed Rick’s newsletter is much better than Gary’s.

      Apr 02, 2014 02:56 PM

      Totally different

    Apr 02, 2014 02:34 AM

    Al……did gold go up when the news came out concerning JPM and the Russians?
    The spike in gold came when London was closing and NY was opening. What time did the news come out on JPM freezing Russian money.
    Gold was up along with the Dollar………not normal……….

      Apr 02, 2014 02:58 PM

      Nope that, in the past, has not been normal. But I have noticed of late that it is not that uncommon.

    Apr 02, 2014 02:36 AM

    You (Al) said gold is not rolling over?

    It was down 12 straight days and now is up a measly $10 bucks (and fading) and you say it is not rolling over?

    It already rolled over.

    Tomorrows first time claims and Friday’s NFP slaughters the few bulls left who are running for their lives

      Apr 02, 2014 02:58 PM

      I said that gold did not roll over today, and it certainly did not as of 1 p.m. pdt.

    Apr 02, 2014 02:38 AM

    gold bounced because it was simply due.

    i mean nothing goes down every day

    after 12 sraight days the bears decided to go golfing. but they will be back tomorrow, and the next day…

      Apr 02, 2014 02:44 AM

      Got that right, James.

    FIH
    Apr 02, 2014 02:49 AM

    I think volume indicates shorts are ringing the cash register! Where are Regulators? They reap their bounty! It is obviously “open season” on all the people & investments in pm’s. It doesn’t seem to matter that the American Ideal is to win on an even playing field! LOL!

    Apr 02, 2014 02:20 PM

    I hope I’m doing this right — this is my first post (and I’m visually impaired, so can’t read what I type).

    Anyway, I’ve been wondering why I haven’t read/heard anything about this news. Perhaps it’s old news and I’m just behind the times.

    Here’s what I’ve read: Russia is backing one of their banks money with gold. The link to the article is: http://en.itar-tass.com/economy/725832 .

    Here’s some of what it says:
    “MOSCOW, March 30. /ITAR-TASS/. An action in support of bank Rossiya which has decided to work exclusively with the national currency will take place in Moscow on Sunday.

    The Golden Symbol of Russian Rouble installation in front of the bank’s office in Perevedensky pereulok in Moscow will symbolize the rouble’s stability and its backing by the country’s gold reserves, the action’s organizers explained to Itar-Tass. ”

    On a political note, I ran across a video that really blew my mind about the amount of propaganda I (and probably most everyone else) have been subjected to. Here’s a really interesting YouTube video link: http://r6—sn-q4f7dnlz.googlevideo.com/videoplayback?ms=au&id=o-AHxR6o4qOokU4bJ3vEUi_iB-clFyoyk48po3StVDulNU&mv=m&mt=1396424707&expire=1396446435&sver=3&sparams=id%2Cip%2Cipbits%2Citag%2Csource%2Cupn%2Cexpire&ipbits=0&source=youtube&upn=IDhONz6EbrQ&signature=2715CFCA83E9D67FAC99B88FA783742FCEC305CA.D08E7B34304E67DA03EB737F4D51AFC6B438F105&ip=69.66.103.116&key=yt5&fexp=929448%2C907720%2C914089%2C937417%2C913434%2C934022&itag=5 .

    with respect.

      Apr 02, 2014 02:17 PM

      Thanks Dean,

      I posted this on our site courtesy of a “new listener” I don’t want to use you name without your permission.

      Apr 02, 2014 02:27 PM

      Dean, I click on the lengthy link and could not get it.

        Apr 02, 2014 02:56 PM

        Sorry about the link 🙂

        Since I can’t easily browse this site, I don’t get around to seeing much of what is posted.

        The link is to a youtube video titled “V” and it’s about 40 minutes long.

        One thing I didn’t know is that Germany was forced into both WW I and WW II (I already knew that Japan was forced into WW II). That info changed quite a bit in my perceptions of what’s going on.

        I just hope Russia isn’t forced into a war — with us.

          Apr 02, 2014 02:22 PM

          Nuts!!

          The youtube title is “All Wars are Bankers Wars”

          There! I hope this is correct now. (It’s a pain to not be able to read what I’m saying).

          with respect.

          Apr 02, 2014 02:44 PM

          I would have to say that eventually a lot of the world felt guilty, and rightfully so, and proceeded to eventually right a very big wrong!

    LGC
    Apr 02, 2014 02:54 PM

    To me, the gold market is a true representation of the make believe world we all live in. Our beliefs are being brought into question daly. Their is no apperant reason for stocks to go up but they do and their is no appearant reason for gold to go down but it does. The contrarian is in charge and we are all along for the ride. The only hope and expectation we can have is that people and markets canhnot be fooled and re directed at will for ever.

      Apr 02, 2014 02:41 PM

      It is a world certainly not based on truly free markets.

    b
    Apr 02, 2014 02:27 PM

    Don’t no if you can read this DOUBTFUL DAN, but that was a vey good video, thank you,
    I didn’t realise the Christian religion was corrupted by the knights Templar and prior to them had the same belief as the Moslems do today concerning banks. Maybe these Templar guys had the moneylender parts removed from the Christian books.

    A lot of deception in these religions, governments and especialy banks.

    I did know that all wars are for banks, I am going to have to rethink the Catholics working with the Nazis. I have thought they were bad guys, maybe they were good the guys.

    I knew Napoleon opposed the banks but I didn’t know there was another French king that did too.

    Anyway, thanks for the link, it is a good one I learned a thing or two.