The Jailhouse

[BUDDIE]

How gold stocks are RIGGED !!

Got these post from Gold-Eagle forum:

=============================
Outwest
(hugold) Jul 17, 11:35

You can bet a central bank has bought Gold today.But you didn't want to hear that,right?



Richard640
(Irish) Jul 17, 11:13

I agree with you. But for once I am about speechless concerning the market action. Just pray for the innocent.




========================================

richard640 -- Amen
(Outwest) Jul 17, 12:31

Agreed. And the middle east is not done by a long shot. Let Israel get Syria involved. Then Iran gets into it. Then when Iran gets into it the US gets into it. Look out oil, look out gold, look out US dollar, look out US debt. Then take all the factors that would go into what to do with interest rates????? Look out-----------Don't rub that gold and silver too much, wouldn't want to wear away any of that ultra valuable stuff. -:)
Gold and silver will keep a smile on your face and let you sleep at night..............well unless your neighbor knows how much g and s you have..........



Early this Am
(Maddog) Jul 17, 12:28

US time an IDF Officer said "hostilities will be over in days".

Then later there reports that the IDF had gone into Sothern Lebanon, but they were later denied.

That's why there was the sell off, rally back and now why PM's are down again.

The 1st comment may well be disinformation, we'll see.





Crude testing breakout?
(son-of-EAGLE_EYE) Jul 17, 12:26

Friday's doji in crude was a clear warning sign of overbought condition. I wouldn't be surprised to see a testing of this breakout formation around $75.50 - $76 then we take off again.

http://tinyurl.com/zgj6a


===========================================

Irish-Outwest--yes, there is an element of buy the rumor etc in todays action
(richard640) Jul 17, 12:18

also thurs and fri there were clues that gold wan't gonna make it--The HUI--on Friday oil losing most of it's gain--but the bottom line is the manipulation--so if you have physical there is no problem--but paper gold needs babysitting--I had a huge profit in calls I bought the day gold was down $45 at the close--I sold the last of them Thursday and missed anothe $30K had I sold them Friday...I am looking to repurchase--the option I sold Thurs collapsed this morning...but always the bottom line is the rig

Just one thing: Gold has seldom done well in response to "vents"-that's when cabal is their most active--they
don't want gold to be seen as a safe haven...a big pop on an event is a good time to cash in paper...but if Iran cur
ts off oil, then they may not be able to hold back gold as crude goes over $100...

=========================================

hugold
(Outwest) Jul 17, 12:16

Why wouldn't I want to hear that? And why wouldn't people in the know want to buy gold here?? I wasn't being critical hugold, it was just an observation about the market. Sorry if I offended you or anyone else. After umpteen years and umpteen dollars you remember some of the basics that can save or cost you money. I certainly don't have the expertise that many of you have---just a few miles. Happy trails.



$gold intraday
(son-of-EAGLE_EYE) Jul 17, 12:11

Here is a 5 day intraday chart of GLD showing a large h&s formation that has formed:
http://xs.to/xs.php?h=xs203&d=06291&f=GLD_5day.jpg

The neckline today could have been a good buying opportuntity. Stops would be placed on the lower neckline (slightly below).

Here is an inverse h&s on the daily GLD chart.
http://xs.to/xs.php?h=xs203&d=06291&f=GLD_1day_ihs.jpg
Wild morning...


=========================