Replies to post #9538 on The New CS Board

[rotor1]

Could easily be wrong

but think this present situation is more about saving a couple of banks rather than the death of gold. Ties in with todays first day notice on crimex. Also there is the little matter that germany wants their gold back, now with the draw down in GLD inventory they can cover it. Would expect the shares to signal any turn before the POG. Yesterday they were showing positive d against the metal, we'll see if this continues today. The stocks certainly lead on the way down, now to see if they give a strong enough signal on the upside.

excuse the missive, could easily illustrate with charts but have a cut and paste problem at the moment - have a good one

[cue-master]

the unwind by the regular players in gold along with the manipulation, are
one force driving gold, and the one in action since the top. the second forces,
and the ones unseen by the cnbc cheerleaders is the devaluation of every paper currency
on earth against hard currency, the repositioning by china and india from paper to gold and silver,
and the eventual loss of the dollar as the reserve currency of the world.

these secondary drivers are based on sound philosophical reasons that will manifest themselves.
cheerleaders do poorly in philosophy and underestimate its predictive power, philosophy always wins.

pms are on sale almost bogo.