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123tom

01/17/17 1:49 AM

#31531 RE: 123tom #31530

Nobody's forecasts means anything anymore...

One glance at the headlines on Kitco, showing a bunch of different analyst forecasts for why the metals are about to do this or that, and what the Trump election has to do with the next moves, to me its all media spin and political wall street baloney designed to mislead folks into thinking this market is real and these explanations are real, the whole thing is all contrived and fake as can be.
The market is controlled by the government powers,which includes China,heading toward a currency reset,and a market crash,and even the best drawn charts (like my own) hardly mean anything anymore,because its all being controlled and manipulated in both directions,up and down. just as the October smash down, the November bounce and the December smash and the current bounce and the next smash to come,its all impossible to forecast. the entire 2016 rally proves an orchestrated manipulation as well, because it was all but taken back to the bottom zone again,(spot gold and silver) which was ALSO orchestrated and fake as a tungsten bar.
All I want to show on my charts at this point are the Fibonacci mathematic target zones,and it shows some targets to keep an eye on ,just in case the wall street computer programs are running along these tracks ,for trading the waves up and down. As one can see the miners did not fall down as low as spot metals, which could mean they will get absolutely Hammered as soon as supercomputers of the the Wall street vultures are ready to attack. and it wont surprise me a bit to see the miners crash down again to retest the low zone. and of course this is just a cynical guess on my part,also meaningless, but except for one thing you can count on....the system is corrupt, the market is rigged and corrupt, the currency game is corrupt,and transforming, the chaos is just beginning as 2017 rolls on. the next system will be corrupt as well.

GDXJ..(at least I can still make the meaningless charts look pretty....)