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

In the immortal words of Hitlery, what difference does it make?

Posted by Buygold @ 21:36 on March 4, 2015  

The Way It Is

 

The constant pressure on gold and silver, combined with the constant support for stock markets in the U.S. and around the world, is taking its toll on investors’ psyche in the precious metals sector. Silver will soon have been trashed, and constantly bombed, for four years in another month. Gold has been hit over and over again for 3 ½ years. That is a long time. Meanwhile, stock markets go up and up.

By most accounts, monetary easing has been a major factor in the rise of stock markets. Historically, easing that we have seen would have also have been cited as a major factor in the rise of gold/silver prices. Instead, the opposite has occurred … at least as far as investors in the U.S are concerned. The price of gold in many other currencies, such as in Canada, has come back quite nicely … with currency debasement the name of the game.

All rallies in the markets are bought, while all rallies in the precious metals are sold. We are all sick of it. The longer it goes on, the harder it is to deal with … mostly because there is no end in sight and no way to gauge the market action from traditional fundamental and technical market analysis. In rigged markets they don’t mean much in the short term.

What makes it worse is that there is no rule of law in the markets. It is so bad that The Gold Cartel, and those suppressing the gold/silver prices, don’t even care anymore how it looks, or how obvious it is. It is getting so absurd and obvious that even Jim Cramer and his sidekick were talking about various markets being rigged on CNBC this morning. They even mentioned gold after mentioning LIBOR, currency rigging, etc. Those “sloppy bankers” can’t help themselves.

The real story is that there is nothing sloppy about what THEY have been doing. It has been very calculated for a very long time. The only change is that it is becoming so ridiculously obvious that the subject is actually receiving the most minimal of coverage because of the scandals, charges, fines, and blatant nature of it all.

And that is the point of this generalization today. What we are dealing with is beyond egregious, but it goes on and on. And it will stay that way until The Tipping Point is finally reached. None of us know when that point will be reached and everything will change. Probably overnight. Until then, all we can do is hold the fort and appreciate what is coming down the road and understand the ramifications of what all this market manipulation is leading to. The day after day nightmare of the moment is leading to exhilaration down the road for paying the price of staying with the inevitable. Because of the chaos which is coming, exhilaration is probably not quite right, but SATISFACTION for “getting it” will be WAY up there.

After yesterday, gold and silver never had a chance today. Lean, lean, lean. Nothing else to report except to say the “algo traders” appear to be foaming at the mouth in wait for the U.S. jobs report on Friday. They know what the precious metals do most of the time regardless what the report really means.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.