OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Spit in their eye, and call their bluff.

You are Courageous !

A bull mkt [in stocks] climbs a wall of worry

and my corollary=a bear mkt slides down a cascade of optimism

since the low of 2008 we’ve had 11,000 DOW pts straight up-and everybody’s [myself included] been waiting for a crash and the end of the world…

yeah, pick your poison, can’t believe anyone stays in the SM these days either, then again it gets ramped nearly every day – until it doesn’t.

As for the flag, nah, I picked one up at Wanka’s place. 🙂

You have had long enough vacation. 🙂

Time to get a head of steam on the Gold Train.

Best, Farmboy

http://futures.tradingcharts.com/marketquotes/GC_.html

There is so much going on in this world that is standing at the precipice who can say which domino triggers the Great Fall.

My thoughts were a couple weeks ago was ‘they’ would keep the markets hitting new highs until after the Elections in November. Now I am second guessing that idea……. ? I DO NOT see how any rational person, could possibly be in these markets at this time. Gives the term ‘Sheeple’ a whole new meaning does it not?

Well, lets steal some of Floridagold’s popcorn and watch the Three Ring Circus today. Say, you be interested in an American Flag. Slightly used, but still n good condition. Well, mostly. As in its mostly all there except for a small sample to make a pair of shoes.

Have a good one, Farmboy

Florida East Coast #90. This was the private car of
Henry Flagler, the man who built the railroad all the way down to
Wanka’s Key West.
http://www.railpictures.net/viewphoto.php?id=499462

Agree, something wicked is on the horizon, but what?

In the meantime the nightmare continues.

Mad Mike, Thanks for the brew this morning. Making that apology tangible I see. lol  Not only are you Da Man, your a Good Man to boot ! 🙂

My attitude is lets just get this week over and in the books. Cant remember a crazier week in the PM’s. Something must be seriously WRONG in the financial markets for the way they just keep pounding on Gold ( should have been up 100 bucks this week ) and Silver. Guess we will find out soon enough, but I think “something wicked this way comes”. Wondering if we will see a ‘stick save’ by the PPT today or do they allow the Market to continue yesterdays downward slide?

Guessing that back when gold was over $1,800 and Silver near $50.00, we would probably have sold our mothers to be able to buy at these prices today. Good time to be stacking at prices I doubt we will see again in our lifetime.

Keep the Faith, Farmboy

what’s your honest opinion about the next phase of gold market….are you looking for a close to happen ….. shot up.. or even the little more bear to go.

or are your views natural .. just trying to get a sense of the insights of the gold followers here on the oasis.

thanks macroman3 .. would like to hear your take

ment

Same tinfoil, just a slower appreciation…

The taco meat would be the brown part for those already on the green.

Ya know what I’m saying? Gata admit, my car parts go to a different garage.

I don’t even trust my own family. My bad

Its the DOLLOR (UUP) with a Gold overlay$GOLD)

if you look close enough there is a lag of the Gold price to the Dollar of about 3 months.the pattern if shifted about 3months looks similar which indicates the Gold rise should follow the Dollar rise soon.Yes theDollor and Gold can rise together !It seem to today !

I think most chartest anaylist today would agree that the Dollar is driving everything,its the lead ..and then others Lag following the same increase and decreasein liquidity by an amout of time that reflects the Lag time of the relationship .

that was an interesting description of your trading insight ..

Now as clear as possible as you connect the dots of the gold market .. what is your honest to goodness take on the next up trend in the gold’s out of this bear cycle…

some are saying a shot up by the end of the year .. other chart folks are saying, one more bear phase .. even gold to 1100-1000 or a smidge lower .. hui in the 100 area ., yes a pretty brutal outlook.. the charts to back up this third phase .
so plain talk ororeef which one of those opposing outlooks is closest to your dot’s ‘

thanks for a reply ment

Some of my Posts are unconventional,I’m out of the Main Stream,I don’t fall in line with the Sheeple ….I admit all that..

But I am good at Connecting the DOTS long before some others even see a trend ….I’m reasonally good at Math and I like regression anaylsis  thats the kind of stuff where all the DOTS look very Random …but if you know how ,you can decifer a trend out of it….

Thats about the best example I can think of as how my brain works…I look at BROAD random looking pictures and sometimes I see a end Game…Thats how I bought my first Silver at $3.50 a few months before Buffett did.My first Gold at 250.00 per oz.I bought A&P stock in 1974 thereabouts at 5.25 and later sold it at $54.00 .I told my Doctor about it and he dismissed it as nothing there its.dead.

What he did see what was obvious ,and what was obvious to all is not worth knowing.What he didn’t see was $250 million hidden in an over funded Pension plan which calculated out to $11.00 a share in CASH in a stock selling for 5.25 ..I’ll take that anyday when I’m bottom Fishing in Bankrupt waters.Another Bankrupt company .White Cross stores who back in 1960’s was in Bankruptcy but had a little division called Toys R US run by a Genius Charles Lazarus  ,but anyhow the Creditors insisted the management step down and a battle Royal ensued and in the end it was the Creditors who one the Fight and put the Toy Store Manager in charge of the whole dam thing .He sold every not connected with the TOYS and basicly invented the BIG SUPERMARKET BOX store for Toys .Prior to that Toys were a small sideline to Dept Stores.That stock was .65 cents in January of that year .I remember selling it at $13.00 after it became profitable .Apparently others discovered the Turnaround and bought into it.I sold too soon and 6 months later it sold at $39.00 .He certainly had the right last Name ..It rose from the DEAD….

I connect the DOTS now and see a enormous change forming many things are in reversals even as the the current Administration’s propaganda is Pumped from the Press at LOUD as they can.All I can say is turn off the Sound,Go deaf to the talking Heads .Live in your own world for awhile ,you will be rewarded…Many here at this site know this ,but don’t have a long term view only history can give you …….Back in 1974 I was fortunate to know an old guy from Texas (93) ..He helped me see the Longer view….Boy was he a bottom FISHER extraordinary…! and I had a wonderful Broker WE worked together like a symphony .Unfortunately he died after the crash of 1987 ..it killed him..I do miss him even to today..There are some GOOD people out there find them seek their views….Lots of patience .I held some stocks 10 years .

The cretin algo machine break down?

“Speaking of heads the shorts win, tails the longs lose the perpetual nightly silver access trade open selloff (now 104 out of 108) makes no sense in light of the relentless shorting going on. Normally profitable shorts would at the least be taking light profit, resulting in a higher open, not lower. A lower access trade open would be more consistent with a winning long hand. Regardless there is NO way you can have something like this happening without blatant and illegal interference. One look at nearly any gold or silver chart the past 3 years shows there are algo computers running 24/7, controlling every minute. The 8:30 AM Comex open is practically as ironclad in its selling as the 6:00 PM access trade open.”
JMc

“this shall be known as ‘free maya day’ sept 25 and celibrated each year hence forthwith! hows them apples?”

DANG!  I guess that means I can’t charge admission fees…?  🙁

Seriously… thanks for letting me out of the RoundHouse!

[I neither agree or disagree with this guy-don’t shoot the messenger]

Notes From the Rabbit Hole

First off, I want to say that the plan explained by Steve Hochberg in the video associated with the previous post (free sign up required) meshes well with how I see gold currently. The 1000 +/- level is very doable, folks. Not a given, but quite doable. That would close out investors’ fear from 2008 by having made a completed cycle on the rebound in greed.

In the short-term, gold was probably ready to bounce even before the war stuff hit the news yesterday. Sentiment had become just deplorable, with gold bulls puking left and right. The geopolitical thing is a negative, as it always is but the Hulbert HGNSI is quite a positive, as the gold timer community (ha ha ha…) plummets well into net short territory.

So, geopolitical aside (and I always take that seriously as a negative for gold because it gets the worst of the gold “community” back to pumping) gold can see some decent rally activity off of sentiment and the improved Commitments of Traders structure. But I think more downside may follow over the next few months. Then? Cyclical bull.

Meanwhile, I am using gold as a macro tool; probably the best macro tool I have when comparing it to other assets that are positively correlated to economies. Gold is just a tool around here after all; a tool for market evaluation and a tool for monetary value. It’s not an idol. When the ones who obsess about gold with wildly glaring eyes are back on the pump, take caution.

Separately, also at MarketWatch we see that the word is getting out that these ‘golden’ and ‘death’ crosses that inexperienced TA’s often get hysterical about are indeed opposite to the hype. The supposedly bullish golden ones are more bearish than the death ones. Too funny, and sadly all too true.

What I like about market management is that there is no shortage of bullshit out there to decode and debunk, but casual observers tend to take it seriously.

http://tinyurl.com/mxok8pn

1+6+9+4+5+8+0 = 33  As far as numerology goes a very interesting number. I don’t know but something is going to happen.  But then again something is always about to happen.