The Commitment of Traders Report

Silver

*The large specs reduced their long positions by 1,873 contracts and increased their shorts by 7,384 contracts.

*The commercials increased their longs by 1,841 contracts and reduced their short positions by 9,139 contracts.

*The small specs increased their longs by 403 contracts and increased their shorts by 2,126 contracts.

Gold

*The large specs decreased their long positions by 14,905 contracts and increased their shorts by 22,968.

*The commercials increased their long positions by 13,693 contracts and decreased their shorts by 28,944 contracts.

*The small specs reduced their longs by 41 contracts and increased their shorts by 4,723 contracts.

That report was as of Monday, which means the flash crash on those days is included. Well, clearly the ruthless price suppression tactics by The Gold Cartel forces these past weeks has the specs getting out of longs and getting more short. Which at least supports the notion that what we are witnessing here is an End Game strategy by the cabal forces.

And put your emotions aside. It is an Int. low (coming) and may be the YCL. Nothing more and nothing less. Go back several months when the feeling was the Int. low was in. I stated that on the contrary, $gold 1200 with a chance of a slice thru  to $1180 was probable. We were to embark upon a great 3 week counter trend  rise to $1295. People were mesmerized by the prospect of North $1300 Gold. The real bullish number is way higher @ north $1375. Go back 2 months ago where I responded to Mr. Copper saying my Hopium was low. Today my Hopium is much higher. We are simply in a Summer doldrum ICL. People long were faked out by the early May low which, was only a DCL and NOT an ICL. Now we have a true ICL which, means that you are finaly buying into a potential bottom even if not the ultimate bottom. I’m in no hurry and have been in Jdst for this entire round trip. Relaxed.

Can’t even imagine how bullish it will look next week. Pretty bullish this week for the unreliable indicator….

http://www.cftc.gov/dea/futures/deacmxlf.htm

US, Russia Agree On Ceasefire In Southwest Syria

The U.S. and Russia have agreed on a cease-fire in southwest Syria, a U.S. official said Friday. The deal comes as Russia’s President Vladimir Putin and President Donald Trump meet for the first time in Germany.

Portugeezer – “They could be triggers that pre-arm the algorithms and provide a target.”

Excellent point. I remember back in 02′ when I started this nightmare, there were some folks that referred to those type of AH moves as “smoke signals”. I think it’s a fair bet that the smoke signal in silver last night is a target that will be met.

Maddog – I think they’ve proven they can keep the rig going a lot longer than we can stay solvent. They are just bleeding us now, it’s been a long, slow death. What’s as bad as anything is the psychological beatings that we’ve endured for over a decade – always afraid to sell because we might miss the big move, then not selling because “this is it”!!!

I must be stupid, stupid, stupid…

Equi…good article…I saw it on Zerohedge and thought it one of the most important in a long time.

The conclusion is not that great for us goldbugs because if I read that correctly he’s saying they can keep it going forever

Not really because at some point prices are going to be so far out of line that no-one will play……and/or the next crisis will take out the Fed..

No matter what/which more and more are realising what is going on, so the game is coming to a conclusion….but when and can we stay solvent long enough .

Silver Hoarders  Unite !!

Have a good weekend Friends

Onward Pilgrims

Winedoc

The press shows demonstrators getting Water Hosed ….but but they are ignoring the REAL most STUNNING Pictures of Melania and Ivanka

Absolutely TWO of the most beautiful WOMEN in Europe TODAY and the PRESS says NOTHING ! absolutely NOTHING !

What a Bunch of DOLTS ….!  Melania in a White DRESS with fringe that moves with her every motion and Ivanka in a Red dress that makes her look on FIRE  !

and the PRESS says absolutely NOTHING  !  The Europeans have seen nothing like this “Americas Royal Family” EVER … The Handsome young Barron !

What,s  a Press FOR ?   They are making absolute FOOLS  of the PRESS   !    The people can not miss the Contrasts   ..If they were Democrat Liberals they would be stumbling all over themselves  …As Democrats like to say Pay Attention to the” OPTICS ”  …its unmistakable  !

Americas FAMILY is stealing the show while the press points the cameras at water cannon for the US consumption…..what a FARCE !

Here are some PICS from POLAND ….. http://www.dailymail.co.uk/femail/article-4670816/Melania-Trump-meets-Agata-Kornhauser-Duda-Poland.html

Interesting article and makes sense on a few different levels.

1. Would explain why the SM never falls for more than a day at a time
2. Why pm’s no longer correlate with the USD
3. So control the VIX, control all markets.

That’s as good an explanation as I’ve heard.

The conclusion is not that great for us goldbugs because if I read that correctly he’s saying they can keep it going forever.

Like many others who post on this forum, our assets, which have been mainly PM-based have since 2012 been dismal performers.  I do not pretend to understand the details of the  trading mechanics and market manipulation tactics described in the link below, but at least for the first time now I am finally getting some understanding of what our PM-based investments have faced since 2011 and 2012.  That realization of what we have been up against for the past 5 or 6 years does not reduce my pain and annoyance.

In the link below, if you read the first article by Aleksandar Kocic, titled ‘How the FED really killed gold in 2012’ and then the accompanying comments in the same link from SRSrocco (Presumably by St. Angelo), and then the following viewpoints from several others under the comments section, then there does seem to me to be some glimmer of hope  –  namely, that amongst the alternative places where one could invest their life savings, the writers of the linked material do still speak positively about the future value of any holdings of physical gold and silver.

I find little to encourage the hope that the manipulation since 2012 is going to end, but I am encouraged by the idea that it remains a good idea to hang onto any physical gold and silver one is fortunate enough to now own.   Cheers. all.   Equiz

https://www.marketslant.com/article/how-fed-really-killed-gold-2012-vince-lanci

They left one big word out of the headline…”TAXPAYER” wages. We have cops in our village making $178k plus generous benefits. Unionized road construction workers also sucking on taxes. All medical workers absorbing taxes.

There is no puzzle in my mind as to what is and has been going on. Mandatory minimum taxpayer wage scale has fallen below CPI for decades, but the businessman media won’t admit it. Private sector companies, that do NOT benefit in anyway from the tax base, have to be FORCED to pay adequate salaries, capable of paying taxes to tax absorbers.

All tax absorber businesses and gov’t jobs need to be “out sourced” to China and Mexico sarcasm. They really need to be FORCED to take wage cuts just lake the millions of tax payer manufacturing people did since 1980. Many took 40% pay cuts going into new occupations. Give backs etc.

story:

https://www.bloombergquint.com/global-economics/2017/07/07/wage-weakness-amid-solid-hiring-adds-to-u-s-economic-puzzle

Boy it just never ends with weird erratic irrational PMs action. Something big is bound to happen, with global trade in question.

http://www.infomine.com/investment/metal-prices/

Inside knowing that predatory algorithms can seemingly wipe out any rational, prudent reason for owning insurance ( PM’s) against chaos, in seconds.

Silver Prices Bounce Higher After Futures Manipulated 7% Lower In Minute

by GoldCore

Jul 7, 2017 8:00 AM

Silver Prices Bounce Higher After Futures Manipulated 7% Lower In Minute

 – Silver prices ‘flash crash’ before rebound
– Silver hammered 7% lower in less than minute in Asian trading
– Silver fell from $16 to $14.82, before recovering to $15.89
– Silver plunge blamed on another ‘trading error’
– Gold similar ‘flash crash’ last week and similar recovery
– Hallmarks of market manipulation as $450 million worth of silver futures sold in minute
– Trading ‘errors’ always push gold and silver lower. Why never higher?
– ‘Flash crashes’ increasingly frequent in precious metals, yet rarely happen in stocks and bonds
– Rapid recovery from frequent raids bodes well for precious metals
– Silver coins and bars accumulated on dips by ‘stackers’

Good morning All gathered here.

Further to Buygold’s comment: I do not know why I bought into the PM (Bullshit)world. I would suggest, that these words are shared by many and would indicate the frustration and  bottom is here, which the masters need…..smile. They cannot have the sheep racing to real tangible money…or they are finished.

A shared insight of mine, the FED bought trillions of dominated debt papers from the market ( in the last decades) and frankly no one questions where did the FED create the “wealth” to buy these instruments of illusion but by illusion. hence….as long as I live i will hold and buy gold and silver….in very simple words and terms….

Folks, we have lost many battles recently….but the real war is so very near….you must never forget reality ….. bitcion and their wizardry will never replace reality….I believe….smile. have a great weekend.

Another reality …there is not an wealth instrument  that man makes that cannot be controlled and corrupted. Bit coin….think????….i would suggest it is just another created illusion of control. I loved the original analogy…stories  that super computers could mine or create more new units…FUBAR….

and the spinning wheels spins faster….until it does not…

Confessions of a banker. There are three parts. This is part two. Part one he talks about how evil they are and laugh at destroying people.. As we’re seeing in Europe. Until sacrifices of children were brought up he got out.. Yeah sounds crazy but listen to him in this one go into detail on how the system is ripping off the people. He’s Dutch so be prepared to read.

Real Big Power: Revelations by insider Ronald Bernard-part 2

I think I’ll just have some tea…  🙂

Long train running’…
http://www.railpictures.net/photo/620988/

Then he’ll come here donate to crazy democrats causing more problems while Calif demos trying to make this a official sanctuary city while at the same time Gov Brown committing treason by trying to make treaty to other countries only the Fed Gov can do.
When calif gets overthrown by foreign nationals Looney Clooney will have to move again. Their like a disease that spreads,

PRO-OPEN BORDER CLOONEYS ‘LEAVING UK AMID TERROR FEARS’
Luvvies never have to live with the consequences
by Westmonster July 6, 2017

Pro-open borders activists, George and Amal Clooney, are planning to leave the UK because they don’t feel safe after the recent spate of terror attacks, according to a family insider.
The celebrity power couple have used their fame and fortune to push for open borders and even sat down with Angela Merkel herself to express their support for her refugee policy.

But now it seems, like all luvvies, they don’t actually mean they support it for themselves, so will be moving back to LA because, according to a Clooney family insider, George doesn’t “feel like Amal and the twins are safe living in the English countryside,” following the attacks in London and Manchester – neither of which are in the countryside.

The duo were also criticised for their double standards after the Mayor of Laglio, where the couple own a lavish $100m mansion, warned people they would face a hefty fine if they dared go near the couple’s property.

It has been reported that the Clooney’s plan to sell the 18th-century mansion after a makeshift refugee camp was set up near to the couple’s summer retreat. It isn’t known whether or not the pair were planning on selling before their new neighbours moved in. A source close to them claimed they were looking to buy “another, less accessible property in another area of Italy.”

http://www.westmonster.com/pro-open-border…-amid-terror-fears/

Was busy but will leave you with this thought. Remember Dirk of the A team. He beat Cancer ” Prostrate” with Diet. Being young at the time surgery was not a option for him.If I remember he got the Cancer before ever staring on the A team.
http://people.com/archive/an-a-team-stars-toughest-battle-against-the-specter-of-cancer-is-waged-in-secret-and-alone-vol-20-no-15/

June Payrolls Preview: With The Fed On Autopilot, You Can Skip This One

I think the system is in trouble. Total instability. Gold $1350 in Mid 2016. $1140 in late 2016. This year? Gold 1300 in April, $1200 in May, $1300 in June, $1200 in July. Its good to have both gold and dollars because any strange thing can happen going forward.

The system seems like its trying to go into a normal deflation after 100 years of inflation. But the bone heads are stubbornly trying to maintain inflation, not realizing tax paying salaries are in deflation, and not able to support all the gov’t spending.

Their foot is on the gas, and the car is slowing down instead. Somethings gotta give some day. And why the hell is Trump being wheeled all around the world by his superiors? For what? What’s in it for us? Whats in it for them? I don’t care what happens either way.

Globalization, shotgun weddings of strong nations and weak nations was a mistake. They used to do it with banks too. The idiots are boxed in. The only areas of wealth they can merge with these days is North Korea, Syria, Iran etc.

Even Cuba is not in the club yet to be absorbed. Libya, Iraq? Armed robbery to support bad habits. They really need to find a wealthy planet to take over next. Pay for all gov’t needs and wants, for all the special interests.

Note:

http://finviz.com/futures_charts.ashx?t=METALS&p=d1