Will the central bank ever lose control over the markets?
Craig Hemke joins us today to further discuss the role central banks are playing in the markets. We also touch on the fall in gold yesterday below $1,300 and what will be the drivers moving forward.
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No
The collapse was supposed to happen in 2011….or was it 2012…or maybe 2013, 14…15…16…17…?
http://www.tfmetalsreport.com/comment/448008#comment-448008
He’s just making speculative stuff up as he goes along. Kicking the doomer can down the road for as long as anyone will pay attention.
Read the long comment from poster LL (earlier on same page as linked comment above) that starts the whole discussion off.
CA ACB
AURORA CANNABIS INC
$1.78 +$0.23
+14.84%MT
METTRUM HEALTH CORP
$4.00 +$0.33
+8.99%
CA CGC
CANOPY GROWTH CORP
$4.98 +$0.43
+9.45%
CA OGI
ORGANIGRAM HOLDINGS INC
$2.23 +$0.19
+9.31%
CA OGI.WT
ORGANIGRAM HOLDINGS INC WTS 12/2/17
$0.83 +$0.05
+6.41%
CA NSP
NATURALLY SPLENDID ENTERPRISES LTD
$0.325 +$0.06
+22.64%
Why not get into something thats manipulated up?
This is an area where fundimentals are having a big effect.
Think they might continue higher until its legalised.
Thanks to everyone that voted Justin. lol
Supposed to be legalised first quarter 2017.
Not all Owls are wise….!
Of course The Central Banks will lose control of the markets, it’s all madness. If some of these big businesses had to rely upon the hope of profits to pay their preferred dividends rather than the securities they hold you would soon see their weaknesses. What if they had trouble selling their securities which the bankers might control in the open market. Businesses can indulge in all manner of dubious financial practices as long as prices rise. This Big Bull Market covers a lot of sins. DT
With the machines controlling the markets like Craig say’s, they are vulnerable to hackers, that could be the next Black Swan. DT
I always like listening to Craig and Al go back and forth.
I don’t know why gold isn’t going up w/all the things going on in the world.
But fyi on a Monthly and Weekly chart, the Yen looks to me like it’s now oversold, and could now rise (i.e. get weaker) from 100 back towards 120 yen/dollar. No one knows the future of course, but price looks like it’s hammering out a bottom.
And Craig and others have noted the strong correlation between the yen and gold. So this is something to consider, if history is a guide. Gold could go down. Makes no fundamental sense, but the charts are showing this is possibility.
I think the best policy for traders is to stop thinking about why, and just to follow what.
Investors can buy and hold forever, as insurance, as Al says many times.
My 2 yen!
I also want to add my opinion that, unless one knows the exact reason why gold is bought and sold in NY aftermarket, it’s just speculation. Could it be evil bankers, hell bent on evil? Sure. But it could also just be someone trying to move money from gold to stocks. Prices don’t just go down before/after market, too – they go up. Me, I have suspicions that it’s partly greed, and partly national security. I don’t judge it. I just accept it. It’s wrong to assume it’s ABC or XYZ unless one has 1st hand knowledge.
Remember too that gold is just a rock. A mineral. Money doesn’t actually exist. Its only an idea in the minds of humans.
See the truth.
People have been forecasting doom and gloom about the Fed ever since it’s inception.
The imminent collapse of the USD has been greatly overblown repeatedly despite it maintaining it’s strength relative to all other major currencies and that doesn’t look likely to change anytime soon.
Every bullish premise based off the fear and anxiety of a CB/Govt collapse is little more then a marketing angle based on fear and suspicions.
People pitching fear/doom/gloom for profit are as old as time itself. To date all of them have been wrong about the USD or Fed collapsing. Not even close.
http://www.zerohedge.com/news/2016-10-05/major-victory-gold-silver-traders-judge-approves-manipulation-lawsuit-against-hsbc-s
Good so far…..