There is still plenty of upside left in the gold market
Click download link to listen on this device: Download Show
Posted this yesterday cfs but since you mentioned it, think I mentioned pdl the other day to ottb, ith up too, but its easy when everything is headed in the same direction.
Palladium Used To Transform Radioactive Waste Into Rare Earth Element – by Bodo Albrecht , Jun 18 2014 11:44AM
Its occurred to me there might be a use for the “short of rare earths” west at Fukashima.
This article is b*llshit.
You like to say that about a lot of posts, other than your own of course.
is the jump in pdl bull#hit too?
CFS, I told you a few days ago, you cant believe anything you read or hear and only half what you see.
Did I hear CFS was a retired science professor? Maybe Al said that.
yes !
I think so Bird, Im not sure if cfs realises that most people don’t read beyond a headline,
I never bothered reading this article, couldn’t care less if its true or not.
not the point, the point is psychology of the market and trained sheeple.
a few days ago pdl was 25? today over 40? palladium, see where its from? etc notice Ukraine?South Africa? ever consider geopolitical risk? lol, need I go on?
Heck
remember legalising pot? Which shares a sheep going to buy? phot maybe? lol
check the returns, anyone care about their balance sheet vision mission?
Do I care which university the cfo went to? or that these bunch of “heads” just got their license?
Now, a headline, that’s news, lol
I really respect your thought processes Bird, may not agree always but you think and reason, and that’s the point.
kinda easy pointing out the obvious sometimes, I find it fun to think people are intelligent enough to use their noggin sometimes.
no offence intended cfs, I know your a smart cookie.
Probly big ol chocolate chip kinda guy.
Funny bb. Was that you blowing a fuse? CFS might not have read the article either but just knows the stuff by heart. He was telling us once he is technically blind. Inch thick glasses. Guess we are all getting old. Things start wearing out. I find with me it is my patience that has given way. So much for aging gracefully!
bb……..you are a hoot…….great post….enjoyed……thanks for the tip………ootb
What, is there nuclear relation involved?
Nuclear reaction, sorry, iphone sucks!
Lawrence, its just we have fukashima happening, just to convey the severity its possible this event ends life on this planet as we know it.
Just a minor issue, by the way, their “icewall” wont freeze.
In any case, the west is between a rock and a hard place with Rare earths as they come mostly fom China, the guys that are ticked about the “non existant” every market is manipulated, according to BM manipulation etc etc.
More important the Chinese have realised along with Russia and about 60% of the world the Iranians have ben correct about hem for years with their description of “great satan”, meaning, not so many rare earths especially for bombs going to the US from China. Russia, another US “lapdog” controls palladium huge.
So, technology that can allow the yanks to build more bombs and save the planet at the same time maybe affects the palladium demand.
That’s without really mentioning numerous other issues palladium and platinum are having right now.
Naturally we get everything moving at once, giving us lots of options to pick the lowest percentage gains.
But hey, Als diversification could pay off big time soon.
At least if that diversification is within resources, as mine is, ha ha.
Hey, its been years since I looked half way intelligent I get to laugh.
Darn bears, Ill master them next time.
bb,
Japanese nuclear accident is their own making – 100%. They tried to produce enriched uranium and plutonium from the first generation nuclear plants they were using, so they they refused to decommission them and upgrade to 2nd and 3rd generation nuclear plants. THEY WANT TO MAKE BOMBS. I cannot stop myself from saying that they deserve what they got. It might be cruel but what else I can say. Why can’t an advanced country like Japan upgrade its own out-dated nuclear plants to much safer higher generation ones? Because the higher generation cannot produce enriched uranium and they are purely for civilian use.
China does have very sophisticated technology to produce rare earth but it has been restricting export since the resource depletes very quickly. I have stocks of two companies in China which produces rare earth.
Hi Lawrence, you might be right or the guys saying a tsunami attack could be for all I know, the point I think is more the potential to kill the entire planet off so I don’t think it makes any difference now whos fault or reason etc.
Yes, I love the Japanese too, especially the way they kill off the last of our endangered ocean species and whales, but what the heck is capitalism good for if ya cant take advantage of it now and then?
Nuclear reactors will not kill us. They are not designed to kill people. The nuclear bombs should be the ones we worry about. Actually even all the uranium bombs (fission type) will not kill us all. The hot nuclear reaction bombs (Fussion or hydrogen bomb) are the real danger. They can kill us many times. One hydrogen bomb can wipe out a city and more. I am a physicist so I know. So far, except Chernobyl nuclear accident, which was designed by Rambo, no one died. But there are thousands of deaths every year to get coal and other fuels. The 3rd generation reactors are really safe. You can crash it but there would be no leaks since it is closed by default and self shut down.
Eventually, human might be wiped out by nuclear weapons because crazy people control the trigger, not by nuclear accidents. We were close, very close. Converting weapon grade uranium to civilian use is a small step to peace. We should worry about those bombs not peaceful reactors. One bomb dropped is larger than 1000 nuclear accidents. Japan were hit by two of them.
Agree with those feelings Lawrence. The dirty reactors and old technology should be outright banned by convention. Lets get that crap off the planet once and for all. None of us need to live in fear of what they produce as waste.
OK Lawrence, what about that wonderfull water entering the pacific at 300+tons a day?
You agree with Susuki or is he nuts?
Neat to know your a physisit, I always enveyed understanding physics, a lot of ideas there.
Highest regarded profession in Iran they say.
I happened to sit beside a young lady today at the pharmisist that just entered physics courses. Intends to figure things out.
I didn’t know you were into physics, funny how things work sometimes.
So? What about the water?
Another thing Lawerence, we could have used thorium, no?
Uranium much better for bombs I guess, anyway, Ive read the Chinese intend to graduate to thorium by what? 2050?
bb,
Nuclear plant especially the old type uses a lot of water for cooling and protection. The water is not radio-active by default, unless it contact with the core. Even it contacts with core, by this stage, it should not contain much uranium since it should be cold by now, otherwise water will be vaporized. When the 300 tons of water enters the sea, it will be diluted to nothing. Human body can withstand radiation many times of the allowed dosage. The resulted radiation must be much lower due to the dilution since ocean is zillion times larger. Don’t be scared by uranium since it exists on the earth surface as uranium oxide called yellow cake. Human and animal are used to a small amount and developed immune to it. All the uranium is mined in the near surface. Only in a few heavy concentrated areas people develop symptoms some stage in their lives. I think you can count by one hand for those locations. It would be a treasure if you are “lucky” enough to live there since it will be highly minable deposit. Everyone is so scared about Chernobyl. I read a report about it lately. After it was deserted for many years, people took a look at it and found it is full of animal there. They got their space because human run away. If Fukushima accident is so severe, they will seal the reactors with concrete like Chernobyl. It is the final solution. The fact that they did not do it should mean that it is not that serious. However, most people don’t know it. I remember that people in Seattle was buying ionized salt when the accident happened. I was laughing since if people there are harmed, it means Japan would have been wiped out completely. There is not enough uranium in the reactors to do one millionth of that harm.
Again, the diluted water will not harm people at all.
I agree with Suzuki on things quite bit but he made a career out it so he has to go extremes. He is willing to give up modern life to return to the old way. Unfortunately we have to kill 80% of the population to achieve it. I am not willing to sacrifice for that. What for?
Thorium is fine but there are several problems. I haven’t research too much about it. First the technology is too complicated so it is very expensive to build reactor. The conventional nuclear power plan is already costly. The second is that the technology cannot be used militarily so most governments are not interested. Third since the current generation nuclear reactors are very safe already so governments are not interested to try bleeding age technology. In the long term, nuclear fusion should be a better choice since it has nearly no radiation but we are unable to control the reaction yet. I am not sure how said that China is transferring to thorium but they are building many uranium plants now.
Very interesting Lawrence, hear that Franky?
Sounds to me investers need to keep uranium on their lists.
Nice to hear not to much affecting fish from water at fukashima, maybe consequenses of cesium levels so elevated are exaggerated?
Thx for your response appreciate it.
I know some nuclear physics from my text book but not too much about nuclear economy. I do have uranium companies but they cannot survive since average cost of production is 75$ Except cameco, their ore concerntration is 300 times of the next best. I recommend rick rule for great information.
Where is Gary’s subscription site?
Click on his banner from favorite sites on this web page.
With London closed things should get boring again in the physicals. But tomorrow is another day…..
good call
HA HA YES NICE DAY ! https://www.youtube.com/watch?v=X–Ly7pL8aw
The Doc said we were going to dawdle maybe even into July before moving up.
Yes. Doc said dawdle….I said down….and Gary said buy because it is going up. All hail Gary.
At least for today!
Yes he did. Who knows, he could be pretty close though!
Canada – the Sneak Preview
Posted on June 19, 2014 by Martin Armstrong
Ontario
The Liberal majority was no surprise – they are still the best political machine in the province. They promise no deficit in 2 years – well that’s smack in the middle of 2016, so good luck with that.
What worried me was the militant advertisements by the Ontario Provincial Police Union that I heard every day on the radio commuting to and from work: they promised a breakdown of law and order in the province should the Conservatives take power and cut back on the civil services.
This brings into focus your analysis on the fall of Rome where the soldiers would rob from the citizenry to maintain their income and pensions. I expect the police unions are going to strongarm the government in the years ahead and we’ll be expected to pay.
REPLY: This unfortunately is very true. The unions have destroyed the ports of New York and Philadelphia. You just do not see ships go there any more. Unions have basically destroyed whatever they get their hands on for the days when they were needed for working conditions are gone so today it is all about just grabbing more and more money. New Jersey will have its credit rating reduced because the unions refuse to give anything back. They demand higher and higher taxes so they can live large. This is how governments implode. Their costs exceed revenue and the deflationary spiral destroys the country. Portugal was the major currency of Europe until Spain discovered the wealth in the Americas. Then Spain crashed and burned. Both countries were reduced to the third world status. This same process is underway. Going to negative interest rates is typical in these age of deflation.
Nonetheless, this phase will come to an end and volatility will rise from the ashes. Rumors of its death are greatly exaggerated to cite Mark Twain. The central banks in trying to stimulate buying in bonds will find when the trend shifts, they will be unable to sell long-term debt like they once did. This will be aid the asset bubble as more and more capital flees from government.
Interesting the mention of soldiers of Rome robbing their own citisens.
Was an article or 2 out a month or so ago about the Alberquire New Mexico police stopping people in cars and robbing them.
I never confirmed it but I ve read about police stripping women and searching them on roadsides as well.
I just figure we should be expecting more corruption just about everywhere, if that’s possible.
It is called highway robbery BB. They do it in Kenya every single day in broad daylight. Nobody even stands up to it and everyone knows. Cops are notorious for stopping taxi’s with foreigners in the cars. They demand a fat cut from the driver on the assumption the fare is higher than normal. He can get jailed, have his plates or license taken, fined or worse for not paying them off. Just legalized theft. The airport entrance has a full duty command of these thieves stopping every taxi and nobody gets past their blockade. Such bullshit. No idea how much they make daily but the drivers dread taking tourists to the airport and most will not budge on higher than usual fares or it is not worth their time for the ride. The behavior is so entrenched though you could not stop it unless you fired the whole department and started fresh. I hear these troopers are actually under a lot of pressure themselves though. One driver told me they have to meet a cash quota to deliver to their supervisors each day so its not like they get to keep the loot they confiscate. Said it got worse if the boss or one of his kids was getting married or had bills to pay. Unreal, man. I started using the airporter bus just to avoid the hassles.
WOW, when I was in Mexico about 40 years ago I went to an illegal cockfight with a local or 2.
I was instructed if the cops show up to get the heck out.
Just as we walked up to the crowd we passed cops being paid in the great wide open.
lol
Your story is much better tho, just plain ol corruption everywhere.
Don’t blame you, Bird!
Common man, really?
There is another bearish news for the dollar. China and Great Britain has signed a trade agreement of £14 billion (~$24 billion). China will own and operate a British Nuclear plant and help Great Britain to build its bullet train system. It is likely all of these deals are transacted in Yuan and British pound.
High speed/Bullet train and rail way systems under extreme condition are among the major achievements China has developed independently during the last 20 years. China was counting on Japan and Germany to supply the bullet train technology in early 90s. Due to the Japanese reluctance to provide China with its high speed train technology and equipment, China imported first 19 KM German magnetic floating train system and deployed in Shanghai in the 90s. However the project died of an early death due to its high cost of construction and maintenance. China had no way but to develop an low cost and safer bullet train system based on its own technology. China first designed its regular track high speed train around ~200 Km/Hour in the 90s. It then upgraded the system into a bullet train system up to 450Km/Hour. During the process, Japan criticized Chinese system as unsafe and inferior to its own system. However, for the last 15 years, the bullet train system has been installed around China and no major accident has happed in the bullet train track system.
Another achievement is building train system under extreme conditions. China invited French and other countries to survey the conditions in Tibet and come up with plans to build rail way to Tibet in 1980s. The foreign companies concluded that it is impossible to build rail way which spans a latitude of over 16,000 feet and go through extremely bad natural condition on the way to Tibet. China had to do the job itself and came up with technologies to adapt to this condition. After a decade of effort, China successfully built a rail way to Tibet. People call it heavenly road.
China is has signed and in the process of negotiating high speed/bullet train project with many countries with a potential >$100 billion plus contracts for China. This might be one of the reason China is trying its best to get out of US dollar system and trade in its own currency. London will start a trading hub for RMB very soon.
The trains are already too expensive in England. But by car the traffic is so bad it takes ages to go anywhere.
Thanks for this information Lawrence.
I agree with Gary, this move has major power. I noticed the change more than two weeks ago and bought many juniors and GDXJ calls on June 2-3 (GDXJ@$33.xx). As is usually the case, the real buying opportunity was missed by nearly everyone.
Smart money has been quietly rotating into the sector since last year.
Sorry, Matthew, still a “b”-wave, and STILL a trap.
Sorry, MAD, that will not affect the profits I have already booked! Btw, I disagree that this is a trap. The bears (and scared bulls) are the ones that just got pinched, ha ha ha.
Among other things, check out the SCTR (“scooter”) indicator for GDXJ this time versus the last two big moves. I posted the following chart about two weeks ago. Anyone who understood it could have profited very nicely.
http://stockcharts.com/h-sc/ui?s=GDXJ&p=D&yr=1&mn=1&dy=0&id=p11101355477&a=354082921
Your euphoria confirms for me my assessment is correct. Thanks!
What a chickensh!t comment. I just booked massive gains, euphoria or not. I’m a seller not a buyer silly shorty.
Oh come off the dope Matthew. Everyone knows you are silent as a mouse on the days it does not go in your favour. Spare us all the bravado if you got one good day.
Funny bird. I’m less active here because of miscreants like you on the loose.
ONE good day??? My rather conservative GDXJ Jan 38 and 40 calls have nearly tripled in 12-13 sessions. The seven juniors I bought have done very well too. I nailed the bottom in December as well, in case you’ve forgotten.
Oh yes I forgot. You only come here to brag on days when metals are rising. And always after the fact. Very convenient. You are a genius. At least Gary calls it in advance (even if some of us disagree with him). And try not to calls names sweetie…it is not becoming of you.
Ha ha, Bird, “after the fact!” Unlike you, I actually posted my actions and opinions well BEFORE the fact.
You really think so Dallas?
That is not exactly true, Matthew.How many times already have we all heard that the bottom was in and everyone missed it? Not everyone is as determined as you to buy each and every decline and call it a success even when it later falls back in price. Eventually you will be right. Who knows, maybe this time it will stick.
The bigger purchases I’ve made public happened in December and two weeks ago. Tell yourself what you need to to feel good about yourself.
Common guys, you two are both very valuable let’s not get into a pissing match!
Well said Bird—
Well said for a Bird without wings.
Where is his manhood…CHECK
Filthy mouth…CHECK
Fraudster. …..CHECK
His proven record is nothig but DEMERITS
Failure……CHECK
OK, that’s enough. Time for a nap and a cookie, HH.
I don’t take orders from a loser like you..Bird.
LOSER …IS WRITTEN ALL OVER YOU. Nice big big CHECK MARK THERE.
DO YOU WANT MORE !!!!!!!!
Common Heavy,
Politeness is an essential on this site!
Right Gil, show me where I “buy every decline.” Yes, I am prepared to buy individual bargains at any time, but comments like the following have come at important lows:
On June 3, 2014 at 12:19 pm,
Matthew says:
Doc called for $1240 gold quite awhile ago and, so far, is dead-on. I like the action and bought seven juniors this week along with some GDXJ calls. Gold has very little potential downside here in my opinion and the miners look better.
——-
…and don’t forget this:
On December 20, 2013 at 12:13 pm,
Matthew says:
I have to agree with Doc’s assessment. Any further downside right now will be brief.
I was a buyer today and got some orders filled in 11 miners.
———–
…and this:
On December 23, 2013 at 7:49 am,
Matthew says:
We have a near consensus among gold experts that gold is going to $1,000 (or lower). Among them are Rogers, Armstrong, Radomski, Roy-Byrne, Rambus, Ackerman, Savage, Bevan —that’s just off the top of my head. With so many lemming followers sidelined in anticipation of this price target, what are the odds that gold actually gets there?
I’ll stick with my $1,155-$1,125 worst case scenario.
——-
…and this (boy was Bird Man WRONG):
On December 23, 2013 at 9:12 am,
Matthew says:
Gold has not made a new low. Silver is even further from a new low. Most of my juniors are well above their lows. Lows are AREAS on the price chart. Moriarty is not wrong yet.
On December 23, 2013 at 9:15 am,
Bird Man says:
He has been wrong many times. He will be wrong this time too.
Ahhh, the copy and paste guy is back. Quoting himself as usual. Even Jesus did not quote himself Matty. It is what is taught in schools these days in place of the traditional courses that were known as critical thinking and creative writing.
All comin from Bird.
MR WRONG…….CHECK
FRAUD………CHECK
Demerits all in……check
The problem with your “creativity,” bird, is that you use it to reconstruct your prediction history. In this respect, you are creative, no doubt about that.
Its called being a….FRAUDSTER…..
All he knows.
He also takes kindness for weakness.
A real bad Bird…gone bad. …..too bad for him.
Great point, Matthew!
Gentlemen,
Again please slow down. You are all winners and you should know that!
GDXJ putting in an exhaustion gap. Gold itself being hung out to dry just under $1300 the SAME WAY it was hung out to dry just under $1400 back in mid-March. Look out below; the pain is NOT over yet.
Elliott wave doesn’t have that much credibility.
Using just Elliott for market anaylsis that person
has their judgment very misplaced.
Old Yellar is my specialty. Traded countless millions
over 30 years.
Elliott doesn’t have a …FAT CHANCE
This is not a counter trend rally this is the resumption of the secular bull market.
Yes, the secular bull has resumed, but this is still a “b”-wave trap. The good news is your $1240 bottom is now almost certainly “safe”.
I happen to think your right about that Gary.
I don’t really do well with bears, probly the teeth, was hoping to pick up a pointer or 2 from JJ, unfortunaly he got chased away.
Thx for your input if I havnt mentioned it in awhile.
JJ got chased away?
Pointers like shorting gold at 1240? 🙂
Who was shorting at 1240?
jj said if gold went bellow 1240 he would add to his short position I believe.
Man, I hope you are wrong! But, rather than get angry I will just say and mean, “let’s see what happens!”
Exhaustion gap? Where? Daily volume just blasted to yet another new record (37.3% above the last record) while weekly volume also hit a new record with one day to go. The gap is more likely a breakaway gap that could remain open for years.
The weekly chart fro GDXJ looks great and the TRIX 15,9 has “kissed” just like I said it would in early April. Pullbacks should be bought by those who aren’t already in or don’t have enough.
The P&F chart has a $64 price objective.
And the ….WINNER ..is Gary Savage.
Scoring 10 out of 10 last 3 months.
Nailed the bottom of the gold market
for phenomenal gains ahead.
Better than Dec. 2013 bottom. Sometimes
at a bottom you can score just as good
opportunities later as ameteurs and momentum
traders get punished as they did after March this
year.
THIS IS THE REAL MOVE.
I plan on being a subscriber for life. Great confirmations
for my own anaylsis and maybe avoid pitfalls in the
future.
Definitely 2 thumbs up and ★★★★★.
Give credit. ….where credit is due.
You guys ….start your subscription today.
Gary has been right on lately. But I do remember his kept calling for $1030 last year and early this year. Well, nobody is perfect I guess.
Rick was calling for $1028 at the December low.
Gary was callin for 1000 gold at different intervals last
year and this year with Rambus…The Plunger….
and Jim Rogers.
I was his folly at those times. FOR THE RECORD
Rick A.sights have been 1000 gold targets…mostly
If you remember I always said that the manipulation was going to try to take gold to $1050. I also said I didn’t know whether they would succeed or not. I think we can now say the best they could do was 1179.
Gary, I think you are right on this assessment. I did not believe they could take it to 1030. If they could, they would give a target 800. They just want us out of gold when the price turns around so they are the only one on board. Good plan.
Well Gary, great job..
Just please do your own anaylsis and leave
all these others out of it. All of them.
Just my point of view.
Adds much more credibility to yourself.
So far though the performance is excellent.
AND…NO ONE IS PERFECT but your score is a 10.
Hope that helps. Because I’m enlightened.
You’re Gary’s Mom, right ? Aren’t you just precious?
MAD…find another forum and take Elliott with you.
Cause I can be your BIG DADDY.
Move on !!!!!
I’ll “move on” IF, AS, and WHEN it suits MY purposes to do so. Not until. And certainly not at YOUR behest.
Good… stick around…..I do like whippin boys like you.
Hey its the Elliott Wave Theorist …who called gold down to 500
and stocks to 1000 DJIA.
What other information do you have for us.
That all you really are comin in here is just a PUPPET.
No leadership. ….follow the minions of Elliott.
Oh, you good. GOOD FOR NOTHIN !!!!!!
I kinda figured $1300 might have some resistance, I think $1400 will be a test, since weve been rangebound between 14 and about 12 for awhile, we overcome 14 and we are on the way to regretting only having a ton or 2 of physical. lol
Just a guess of course, who counts?
He tells everyone to move on MAD. Does it to me all the time. Its kind of his thing.
I beg your pardon…Bird
I tried turn your empty ship around and get long gold.
Thats the thanks I get. Always giving you compliments.
Now you’ve gone….MAD…….well thanks…and many more.
Ha Ha! You are insane!
Oh…but your not Bird.
MR. POTTIE mouth and Mr. TYRANT all rolled into one.
Like to prove his manhood callin gold….WRONG.
So should we call you MR. WRONG too.
HA !!!!!! Nice try.
Stop holding back guys, lets hear the real opinions.
He is really making me laugh today. Have at er HH.
Common Heavy!
And that should not be construed as investment advice from HH!
Gary was a bit off in March when expecting the cycle to continue a few more days if I remember correctly… but he’s been SPOT ON this time.
Congrats on an impressive timing.
Best to you & Cory.
Actually I called the exact top on March 17th right here on Al & Cory’s show.
Yes you did.
I was here.
Gary,
I thought you had been calling for a push toward low 1400 a few days just before the top on March 17.
My sincere apologies if I got “my” timing on your call messed-up then.
Regards,
LPG
When you make a new call every trading day of the week some of them turn out to be correct.
I was looking for a move above 1400. When I saw the manipulation return and cap gold below 1400 all kinds of warning bells went off and I exited immediately.
Gary – you have been the most accurate of all the people I follow this year for certain. The armchair analysts and critics cannot hold a candle to you in the last 6 months. Great job sir!
I would not get too slap-happy, Duke. There is an element of luck to market timing calls as you should know. Without prior knowledge Gary could not have foreseen that someone would make a half billion dollar gold trade today. That is just not visible on the charts and it would obviously skew any other expected outcome. Gary just got lucky. That is the real story.
Lucky? Was he lucky on March 17th as well? Was he lucky on June 5th? Coming from a guy who was expecting further weakness as late as yesterday thats really rich. This site needs an ignore button.
And back at you LPG
All,Cory,
I was wondering if it would be possible to touch on Silver from time to time ?
“Doc” does it once in a while, which I believe is useful.
Thank you in anticipation if this is doabe & have a good day.
LPG
Nice move today and yes we will.
I recall that, yesterday, Gary mentioned that he didn’t believe that gold was being manipulated lower by the Fed. Today, Gary mentioned that gold was artifically manipulated lower over 2013 and that is why the current move up is powerful. Do these two statements conflict, or am I missing something here?
If you have listened to any of my interviews you would know that I think it is the bullion banks and maybe a large hedge fund or two that were manipulating gold.
As I’ve always maintained the Fed has no reason to care one way or the other what the price of gold is. They are free to print as much money as they like whether gold is 4250 or $1900.
Thanks for clarifying that for me, Gary! I’m a newbie here, so have only listened to a few of your informative interviews.
Just fyi guys, this morning went to visit “goldscents” using Google Chrome and the page returned a “Danger Malware Ahead!” alert. Apparently the culprit is goldseek.com. Perhaps the webmaster can be notified.
geez, thanks chip.
Haha, you’re welcome bb. Yeah malware bites!
Found this: http://google.com/safebrowsing/diagnostic?site=goldseek.com/
Excerpts from this page…
Has this site acted as an intermediary resulting in further distribution of malware?
Over the past 90 days, goldseek.com appeared to function as an intermediary for the infection of 23 site(s) including silverseek.com/, infomine.com/, goldnewswire.net/.
Has this site hosted malware?
No, this site has not hosted malicious software over the past 90 days.
How did this happen?
In some cases, third parties can add malicious code to legitimate sites, which would cause us to show the warning message.
Thanks Chips
Chip,
I’ll look into it. Gold just rocketed through the coil consolidation zone BTW.
Thanks… Watching that move in Gold, sweet!
Goldseek has been removed. You shouldn’t see the warning anymore.
Yep, warning is gone.
Gary – when you talk about the intermediate low coming sometime during the first/second week of July I assume you think that the price of gold will be below where it is today but above where it was at $1240 when you called the low on June 5th?
I mean, from what I just heard you say, you think that $1240 is now pretty safe and that we won’t see that price again for many months?
Good call Gary. Guess I will have to eat my words from yesterday. I did not see a 39 dollar move coming that’s for sure. So I was on the wrong side of this trade (ouch). I suspect we keep going higher into tomorrow but I am not sure I would chase this by the end of Friday.
Lets give credit where credit is due, Gary has been spot on, 100% spot on!
Gary called the top March 17th here on Al’s show gold fell back off the $1392 highs…I shorted the pm’s sector at $1355 and added as gold continued to fall. Gary called the bottom as well here on Al’s show,loading up his subscribers, great cycle call!
I covered my shorts with a small gain and went long as I was looking for at a min $1240 to be retested. I don’t follow opinions I follow the chart action, bottom feeding into the $1240 low zone was a great trade, well done longs!
During a bear market trend I buy on confirmation of lows reversing and a close back above $1272 was my signal….when confirmation of the Gold Bull is in place which would be a Weekly close above the 200dma at $1500 I’ll return to buying the dips as I did from 2001-2011 and not look to short any retracements, until then we continue to trade within a channel buying between $1180-$1240 and selling as gold approaches $1400
Good Luck everyone!
Welcome back…..I’ve really missed ya.
We can start up…..FRESH START.
Be good….and return soon.
I won’t be back posting here HH because of the likes of you and so many other whack jobs!
I’m a trader I don’t follow opinions just chart action and I thought with Gary, Doc and Ricks daily opinions technicals would be highlighted here, Doc has never posted one of his charts-ever???
This site is for goldbugs who howl at the moon everytime gold has any kind of upswing, have no respect for those that can make money shorting the pm’s sector as I did many times successfully and the forum is full of religious soap box crap, end of the world highlights which has nothing to do with what Gary, Doc and Rick speak of.
I post at Gary’s blog because of complete mental flippers like you who go from insanity to your meds kicking in….I’m all about technicals not old lady coffee shop posting.
Just thought I’d post one more time patting Gary on the back with his excellent calls, as thats what complete ignorant, I’m always right, losers like me do.
Proves on thing JJ THE CLOWN. ..ameteur who fails to be a leader following
Everyone’s analysis to the grave yard.
CAN’T BE NICE TO LOSERS YOU.
You will remain a loser too……whippin boy.
DON’T EVER FORGET IT. Thats who you are
Oh I forget
TO DA MOON…ALICE
Because thats where its going for those short sighted clowns
who can’t see past their nose.
CAN YOU EVEN GET OUT OF YOUR OWN WAY….
Well can you….clown !!!!! I guess not.
HH, it’s pointless to try to get through to someone like JJ. He does not understand value investing. If, for instance, the (dumb) public sets the market price of a company well below its breakup value, or private market value, JJ doesn’t have a clue about the opportunity presented —therefore, nor does he care. Thankfully, for those who do understand, he is not the exception.
Well Matthew………
Ha ha…..go shoppin for yachts
AND LAUGH ALL THE WAY TO THE BANK.
With my gain today alone could pay cash for the
highest price showroom model Ferrari.
This run has along way to go.
See ya at the yacht dealer…Matthew.
Enjoy gold land… because I sure am…..
Catch you on the rebound. Happy Friday too coming
Going to kick some dirt and buy more land. Thats the plan.
H OWL………OR WAS THAT OWL……….owl coinland report…………j…..just single j…
I did say I was………………..LONG………nice day…just got back and read the news.
HOWLLLLLLLLLL…………………..OOTB
Hey Jerry
Be long or be wrong.
All these guys stuff cotton up their noses they bleed so bad.
YA GOTTA BE IN……TO WIN.
When will minions learn.
Happy Thursday. …Jerry
thanks HH……..SAME to you…………best………….little owl………
Good to hear from you again, JJ. You are right that most here don’t appreciate the benefits of gold in decline. Most are long only but each to his own I guess. If gold actually does begin a big climb it will be impossible to post here anymore though. That’s when all the theatre really starts and the extremists who have been in the closet for three years suddenly will all come out swinging again. Some amongst them are the most rabid of any people I have ever known. But it sets up the conditions for the next fat declines off rallies. Noting better than gold for that you know. Especially when there are so many hard cores working like a team. And they all think they are contrarian investors! Baaaaa! 😉
Bla..bla..bla
More…HOT AIR…..
But it’s MY hot air!
Stop blowin it….in everyone’s face.
START THERE.
Try and finish the day a man. May not hurt…might help.
JJ, it’s been a while, and Birdman, I appreciate your input too. I also concur on Gary’s accuracy lately, and I’ve been seeing Larry Edelson and Gary agreeing on the bottom so I hopped in. I actually ran up my 401k 3 times its value with mostly DUST trades. Since Gary’s bottom, I’ve made a pretty penny in the JNUG, although I’ll admit, I didn’t expect it to stretch this far outside the Bollinger Bands so quickly. Sitting on pretty gains and an overstretched RSI and Ultimate Oscillator is hard to not bag it yet though.
Nice to hear Wiseguy. It is refreshing to hear stories of guys like you making out well on these trades.
Apparently there was a big purchase of gold today.
It made me wonder whether we might see some of those Friday Morning smack-downs again – that we have seen over the past year or so – to smash down the price of gold?
I know that no one can answer that but I was wondering that, after such a big rise today, whether the powers that be will now try again to smack gold back down. I kinda got used to waking up on Friday mornings to find gold suddenly hammered down.
We can see the momentum guys have been piling in all morning. Gold just keeps going up. So maybe this thing has legs in which case I doubt anyone will try to fight the direction and take it down. Got to run its course now.
When will we get the next low risk entry in near term for miners and gold/silver?
You have got A LOT of these opportunities. Does one more help?
If that was really the bottom at 1240 it’s all low risk because the upside should be tremendous.
THAT is THE main point in my book Bird, sure, nice to catch an exact low, I think I might have once, maybe, Know I sold at a couple tho.
Hitting the low is not going to matter imo
Check the highs on some of this stuff, unreal
sgr for example, low 8.5 high $4 or so, whats that 40 bags? and that’s at 1900 gold
The list is endless.
What was the book, bb?
One you have to read Als site every day to catch a paragraph now and then Bird, of course.
Why in the world would anyone even consider selling now? These miners, look at GDX and GDXJ, are down so so so much since 2011 and 2012. A 50 to 100% rise is not out of the question over the next 12 months. There is some resistance in GDX around $39-$40 where one might consider lightening the load.
No question now that a bottom is in.
Even if it is not in, Tenyear, I certainly would not be a seller, and I am not, right now!
NICE call Gary It took big kahunas to pull the trigger on June 5th. Congrats to all who did.
It would appear that the rock ship has lifted off Al!
Not just PMs.
Rare earths are showing signs of a tentative start up. E.g. Molycorp, MCP, which was decimated over the last couple of years. I expect a quick round of cheap buy-outs of the walking dead in rare earths.
No movement in uranium yet, though.