Ignoring FED !!!!! Does state have their own coinage (GOLD/SILVER )? Why Now ?
Is fed is getting ready for "Too big to fail" will eventually fail the notion and FDIC is ready for their master plan with unlimited funds by the treasury click here
Is gold consolidating at this level waiting for the debt ceiling to breach the value ( $ 14.294 trillion), And there is growing urgency in washington to raise the limit or sell what they hold during the crisis.
Raw Gold Shortage in china, And china's central banks recommend buying gold for wealth preservation click here . So what happens when billion people start accumulating all at once.
Tuesday, March 29, 2011
Monday, March 28, 2011
GOLD SILVER SHORTS !!!!!
Gold and Silver shorts are getting excited after having reached to new highs on gold and 30 year high on silver price past last week.If shorts are aggressive in their position then this is possible position they might have in near future...................
Sunday, March 27, 2011
Market Updates
Shorter Term Chart
SP 500 which has top 500 companies on it indices (added/deleted based on their performances of the companies in the current market conditions) is right at the crucial point hovering right at the previous support after having water fall in shaded area which crashed all the way to 666(number of the beast :Mega Banks).
Breaking the previous support which is now the resistance will definitely tells us that fed is in the process of another round of easing i.e QE3 which will factor in market on or before june 2011 as QE2 is ending, And this is what will happen in the markets as fed is opting for QE to infinity.
If it breaks this current support levels then fed is likely ending the QE so he might tightened the money supply that will have direct impact on rates hike. So buckle up guyz we are headed for economic turbulence either way but elite would prefer to have inflation rather than deflation.
Longer Term Chart for your reference and will post another chart in my next post why 666 was good support during the financial crisis was 50% of the correction of the entire channel 1933-2008.Good luck for your traders guyz.
SP 500 which has top 500 companies on it indices (added/deleted based on their performances of the companies in the current market conditions) is right at the crucial point hovering right at the previous support after having water fall in shaded area which crashed all the way to 666(number of the beast :Mega Banks).
Breaking the previous support which is now the resistance will definitely tells us that fed is in the process of another round of easing i.e QE3 which will factor in market on or before june 2011 as QE2 is ending, And this is what will happen in the markets as fed is opting for QE to infinity.
If it breaks this current support levels then fed is likely ending the QE so he might tightened the money supply that will have direct impact on rates hike. So buckle up guyz we are headed for economic turbulence either way but elite would prefer to have inflation rather than deflation.
Longer Term Chart for your reference and will post another chart in my next post why 666 was good support during the financial crisis was 50% of the correction of the entire channel 1933-2008.Good luck for your traders guyz.
Saturday, March 26, 2011
Gold and Silver Updates
Gold and Silver are definitely in secular bull market and there is no doubt about it has long way to before we see or media calling for bubble.Fundamentals and Technicials are in place to drive the prices way high before we people thing of.Think of all the worthless paper money created by the central bankers around the world, One day or the other the true currency will be commodities or metals or real asset will be the true currency.
So whats my year end target for the gold is $1600-$1800 and silver might kiss the 1980's high which is $50.Below are different time frame charts for the gold and silver.
Gold Longer Term Chart
Medium Term Chart
Gold shorter term making cup and handle formation or Inverted H&S formation which is bullish which will drive this formation to $1520 and consolidation will drive all the way to my year end predictions.
Silver Longer Term Chart
Silver chart as always shown more strength then the big brother gold.This is definitely will blow every once mind when it reaches to levels of gold.May be this financial cry might bring 1:1 before it peaks but year end will be $50.Good luck folks on this as this will create a wealth to once portfolio.
Gold to Silver Ratio
Gold to silver ratio telling us that little brother silver took the lead in the current financial crisis game plan.Historically during 1980's gold to silver ratio ran till 17 (850/50). So we might see the ratio going to those levels or even lower based on the supply demand ratio driver along with big bullion banks short positions but the current ratio has definitely broke the longer term ratio with the decending triangle in execution in place.Gold/Silver is true money gauge. So selling paper money with true money is nothing but gold/silver.
So whats my year end target for the gold is $1600-$1800 and silver might kiss the 1980's high which is $50.Below are different time frame charts for the gold and silver.
Gold Longer Term Chart
Medium Term Chart
Gold shorter term making cup and handle formation or Inverted H&S formation which is bullish which will drive this formation to $1520 and consolidation will drive all the way to my year end predictions.
Silver Longer Term Chart
Silver chart as always shown more strength then the big brother gold.This is definitely will blow every once mind when it reaches to levels of gold.May be this financial cry might bring 1:1 before it peaks but year end will be $50.Good luck folks on this as this will create a wealth to once portfolio.
Gold to Silver Ratio
Gold to silver ratio telling us that little brother silver took the lead in the current financial crisis game plan.Historically during 1980's gold to silver ratio ran till 17 (850/50). So we might see the ratio going to those levels or even lower based on the supply demand ratio driver along with big bullion banks short positions but the current ratio has definitely broke the longer term ratio with the decending triangle in execution in place.Gold/Silver is true money gauge. So selling paper money with true money is nothing but gold/silver.
Tuesday, March 22, 2011
US Dollar A Control Demolition In Place
US dollar is now for control demolition ready as right explosives were placed at right point by the anti dollar team, And lets take look what are they :
1.Quieting dollar
2.Feb Printing Press.
3.Largest Bonds dumping
4.Breaking Petro denominated (yet to happen)
5.Raising Debt ceiling
6.Trillion Dollar Derivatives
Financial pillars of world's economy are coming apart as king dollar is about to break big time( Fed officials has to say take a look Click here), Look at the charts as it breaking the important critical technical support level will take us to new support levels, Need to look out those levels before it makes life time low then this world will definitely inflate to hyper levels as chaos will spread across the continents.So Implication of dollar devalue on real economy will have the following GGGG's effect:
G :Gas (Higher energy prices)
G: Ground (Producing Agri/Cattle)
G: Gold (Alternative Currency)
G: Grains (Higher Commodity Prices)
Rising GGGG's creates what ? Click here
1.Quieting dollar
2.Feb Printing Press.
3.Largest Bonds dumping
4.Breaking Petro denominated (yet to happen)
5.Raising Debt ceiling
6.Trillion Dollar Derivatives
Financial pillars of world's economy are coming apart as king dollar is about to break big time( Fed officials has to say take a look Click here), Look at the charts as it breaking the important critical technical support level will take us to new support levels, Need to look out those levels before it makes life time low then this world will definitely inflate to hyper levels as chaos will spread across the continents.So Implication of dollar devalue on real economy will have the following GGGG's effect:
G :Gas (Higher energy prices)
G: Ground (Producing Agri/Cattle)
G: Gold (Alternative Currency)
G: Grains (Higher Commodity Prices)
Rising GGGG's creates what ? Click here
Gold Algo Running Support @ 150 DMA
Gold is a dumb investment when looking @ 150 daily moving average.When ever gold goes for a correction for the past 2 years its getting support at that DMA. Anyway here's the chart to witness and will post the detail one once i take detail analysis in my next post.
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