Monday and The Doctor Is In
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We shall see MNH, and I hope that your are correct.
AL ! ALL OK ! 2017 TO DRINK THE WINE ! DON’t ok ,,,, ?
NO WW3 OK ! TV TV TV 666 https://www.youtube.com/watch?v=LKycVt9HJbY
And YOU NOW REMEMBER ! https://www.youtube.com/watch?v=QuE–xlkTYk
You actually want to wait until 2017?
The wine you buy need 6 TO 7 years !
Go…DOC….GO!!
Doc have a look at this great chart of SLV….on the close up view of the daily its touched the lower support line 5 times since last June having todays downward trading look over the edge.
Keep a keen eye Doc, it could well be setting up for a big move Down?
http://charts.stocktwits.net/production/original_22048320.jpg?1397565665
MAN YOU THINK DISS IS A GAME ! YOU THINK ALL WAR AND BANKERS FORE DISS STUFF GOLD TO GO DOWN AND DOWN AND DOWN AAA https://www.youtube.com/watch?v=UvtzRTC5Zjk
franky everything you post from youtube is real interesting but it doesn’t effect the price or trend in gold….some of it makes me ashamed to be part of the human race and some scars the shit out of me….but it has no effect on golds pricing…your looking behind the wrong rocks pal.
( Original jj ) Really What rock i have to luck ?
Youtube is neer the end ! video kill the radio star I-pot WILL KILL ALL INDEPENDENT MEDIA CRAZY WORLD WE WILL SEE ! next YEARS !!!!!!!!! DON’T BY scared GOD WHIT YOU !
watch franky, until the bear in gold is no longer in control the overall trend continues to be down and that has not changed for almost 3 years!
Somebody is sure buying a ton (maybe I should say tons!) at these lower prices!
original !
Original, maybe I am nuts but I interpret both Gary and Doc as saying a rise in price starting this mid summer or so. Am I crazy? A lot of people have said that!
It could well be Big Al as your well aware I’m all about the support and resistance zones as key indicators, having gold touch $1180 for the third time and reversing would be positive but would it again be just a short covering creating yet another trade able zone $1180-$1390….hey I can make great money trading within those trendlines….as for the return of the Gold Bull, well it needs a weekly close above $1425 and a monthly above $1525 to say the worst is behind the down trend in place since Sept 2011.
Its going to be real interesting for sure….I added to my short Gold, Silver and the miners position mid day today….fwiw
You now by care vol. GOLD WILL fool ALL !
WOW – You came out of the gate like a rocket with positive comments.
Then it faded at the half when you started using the word “disconcerting”, started talking about stocks getting “hammered”, silver (which is absolutely horrible) getting “hit hard”, and then to boot a possible rising $.
Ultimately it sounded like it is still wait and see.
This ended up negative or at best neutral to me.
Cant really come away saying gold is looking really really good
james I know you realize Doc doesn’t create the action on the gold chart….if he says it going higher and it doesn’t you’ll be calling him on it….if it goes lower and he calls it you’ll be suggesting $500
I have no idea how much of your net worth you have tied up in gold and silver but boy it sures sounds like your way over your comfort zone.
Good luck!
Metals markets are horrible.
And not promising.
Of course they are HORRIBLE!…what else would you expect..when the world’s reserve currency is being utterly destroyed and things are changing quickly and dramatically. They want as many people in dollar-denominated assets as possible. THEN…..wham!……you r left holding the bag with a devalued dollar, much lower living standards and….to top it off….they got u to get out of all assets that didnt leave your wealth preserved and thus – begging for a hand out!. They got you. BRUTAL…absolutely brutal!!
Assuming you don’t have 85 pounds of pot!
Not over my comfort zone.
I don’t base any decisions on doc or anyone else.
I do my own homework and live or die by my own decisions.
I’m just a little confused with the lead up to his interviews and then the actual output.
Last time I remember you were telling me how great gold was, you were fighting me tooth and nail,you disappear for a few years and now you are super bear.
A lot of dots need to be connected
Let me help you connect them james…I was very bullish gold from 2002 ( I believe you bought in 2000?) and I was bullish while gold traded in a new channel off the 2011 highs between $1775 and $1525 and until either broke out or down that was gold range. When gold showed its direction falling below $1525 I sold everything and went short until the new channel range unfolded between $1200 and $1400…its rivce and repeat james, will gold create a new channel trading zone below $1200 or $1400….that’s my dots in connection….I think you perhaps see the same a lower trend producing a new zone to trade within.
Currently I’m not in the V bottom to da moon camp when gold ultimately puts in its low, but like golf I prefer to pick my next club out of the tee-box when I’m standing over my ball, how we get there and why will determine the reaction off the low.
Time will give us all the answer………….
Your philosophy is the same as mine, The Greater. I do listen to all and then make up my own mind and certainly live with the consequences!
FRANKY IS 100 % RONG ! ????????
It defies logic on a grand scale and serves up absolutely gut wrenching frustration when dealing with seemingly intelligent adults that has lost the ability to reason and think critically on a macro and micro level to any degree. The lack of discernment on the gold and silver markets is astonishing and the inability to have a sensible conversation about the real mechanics of this unfair world.
When all of this **** has been laid to waste with devastation everywhere and the transformation of this current freak-show debacle of a monetary system has died and a the new (unfair) system arises. NOT MUCH WILL CHANGE!
All of the same political liars, thieves, and conmen and criminal degenerate bankers that walk the halls of power in all nations will still run the show and make the rules. The little people like us will not be allowed to make the rules!
You folks had better smarten up and fully understand that gold and silver will not save you and they damn sure are not the only thing or best thing to hold over the coming years. They will serve a purpose in a very diversified group of assets that you will need during the transition.
There are a entire cornucopia of investments and assets that can and should be owned as safe harbor.
I’ve got news for you all and its very disheartening, but the new system that is coming will be just as bad if not worse than the disgusting **** we are living with now. It will be more controlled with even less freedom for world populations………and here a news flash for the folks that refuse to get it, the PTB will still hate gold and silver and control and tax it to your determent.
My only answer to the grand question is, nothing will really change…………….there is no panacea. Just learn to live and operate in a world that views you and your assets as the states property to be taxed and controlled.
Learn to unleash those fables of nonsense and fairytales and try to make profits now while your life is vibrant and worth living. Gold and silver are a part of those profits for a better life.
https://www.youtube.com/watch?v=H0UvZ0cgP04 Day now all ! total fraud and manipulation !!!!!!!!!
Hi VORTEX…..How very true……As I keep saying to people try & live as far outside of the system as you possibly can.
And that, Mr. Irish, is why we live just where we live!
Hi Tony, you are a very smart man. You are one of the folks that will make it through.
V
I agree with you V!
It’s Tuesday now in Europe.
I’ll post a couple of articles in a moment, but I can make a further statement on Gold right now.
The LBMA cupboard right now is almost empty; and if gold cannot go down without delivery default, it will not go down.
I do not believe there can be a significant decrease in the gold price in the next couple of months, so I do not understand Gary warning of any potential panic sell-off in gold.
From the trade mag of the LBMA:
http://www.lbma.org.uk/assets/blog/alchemist_articles/Alch73Fertig.pdf
Also worth reading:
http://www.tfmetalsreport.com/podcast/5678/empty-vaults-london
Now, II’m off for some sun and swimming off a Greek island……
You are one fortunate guy, Professor!
By the way do you write a newsletter?
There is only one thing that horrifies me more than anything else and that is the real estate market and prices. Most other problematic things might be a problem but real estate is truly horrifying. It is a man made barrier to my life that is everywhere.
Most other things are local problems that falls into the crap happens category.
Please explain Steven, thanks
Gasp – now is the time to buy. What a surprise.
Well we are seeing the follow thru to the key levels within gold, how many got sucked in to buying when gold shot down hard to $1284 last week with a close above $1300…the bulls were all yelling the bottom is “in”….again!
Now we not only have gold trading below $1284 but this am it traded below $1277 the most recent low point April 1st….battle royal once again here at either side of $1280…if it falls $1272 and if that gives way $1250
Good luck!…..fwiw still short gold, silver, miners
Hey Doc, next week is the 3rd anniv of Silvers fall from the heavens…don’t know if you use BBands as a tool but the last time Richard the bands on the Silver chart was this tight was last March/April and it created a big move down….Gold on its anniv of the April 2013 smackdown saw a $40+ sell off…could silver see da boyz give it a big kick lower…the BB suggests a decent move is approaching…………..thoughts Doc
Silver Doctor a week or two ago said the “bad” guys were in position to take silver down to $15. I for one hope Gary is right and we see a huge drop causing a capitulation.
Silver bullion has been dropping since its top in 2011 in a pattern like the Fibonacci sequence, known as the Lucas series (4, 7, 11, 18….). I won’t go thru all the movements but start at the top in 2011 and first leg down was $18 and then a rally of $11 (approximates of course)
Current leg topped at $23 and so if things continue as has been the case since top in 2011, current bottom targets for Silver bullion are $19 ($4 drop), $16 ($7 drop), $12 ($11 drop) and $5 (worst case scenario $18 drop).
Hey I’m short but even so $5!!!…the only way that happens is if China has their own Lehman event and everything gets sold as the US$ shoots much higher as it rose 12 full cents in the US Lehman event liquidation.
I’m 100% certain there is a silver low somewhere in your numbers mentioned, lol
Just watching the technical levels and with an understanding that the final bottom may not come till 2016. So many other events must take place before we see the pm’s and pm stocks make their next big move……HUI’s last 2 major moves started in late 2000 and late 2008…
Regards
Yep….time to buy.