Author Topic: Gold above $1400  (Read 6788 times)

Offline X22

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Gold above $1400
« on: May 30, 2013, 10:45:11 AM »
Gold is now above $1400, the odds are is that it will most likely be smacked down today or tomorrow, they got to get it under $1400



Offline Ellipses

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Re: Gold above $1400
« Reply #1 on: May 30, 2013, 03:06:26 PM »
Hell yeah. 

Fundamental economic indicators in the UK are mostly down at the moment- yet, against this,  the FTSE (London Stock Exchange Index) has risen purely on the basis on the perception here that the US Fed are, in fact, intending to continue with their money printing.

Is it just me or are we beginning to approach 'Alice in Wonderland' territory?

Offline X22

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Re: Gold above $1400
« Reply #2 on: June 01, 2013, 03:37:17 PM »
Look at that gold was smacked down on Friday.  I am going to roll the dice and say that the market will go down in the morning on Monday but make a terrrific come back by late afternoon.  Lets see what happens.

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Re: Gold above $1400
« Reply #3 on: June 03, 2013, 09:38:36 AM »
Market opens on the upside, lets see how high it goes today.

Offline X22

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Re: Gold above $1400
« Reply #4 on: June 03, 2013, 10:24:02 AM »
Market is still going up and gold is going up, gold is now over $1400. The central bankers need to keep it down so people do not take their money and place it into gold, so if gold stays above $1400 they will need to smack it down below $1400.

Have you noticed when there is bad news the stock market seems to rise?

Offline X22

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Re: Gold above $1400
« Reply #5 on: June 03, 2013, 02:25:39 PM »
The Dow is holding steady and the S&P 500 is out of the negative. The high frequency trading and the plunge protection team are working over time today. So it all makes sense the Asian and European markets are down, we received bad news "ISM manufacturing gauge worst in 4 years ", "SEC suspends trading of 61 firms 'ripe' for fraud".  But the market is staying positive.

Gold is up $19 at $1412.  The FED will have to do something about this, they will have to smack it down on Tuesday or Wednesday

So this is the free market
« Last Edit: June 03, 2013, 02:27:28 PM by x22admin »

Offline X22

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Re: Gold above $1400
« Reply #6 on: June 03, 2013, 04:01:29 PM »
The high frequency trading and plunge protection really out did themselves this time.

DOW up 137 points
NASDAQ negative all day but finishes up 9 points
S&P up over 9 points

This is really getting ridiculous. The FED, Central Bankers are creating this illusion that everything is ok, but take a look around, it's not.

Offline X22

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Re: Gold above $1400
« Reply #7 on: June 04, 2013, 08:20:14 AM »
Gold has been pushed down under $1400 this morning 8:19am EST. 

Offline Ellipses

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Re: Gold above $1400
« Reply #8 on: June 04, 2013, 12:31:29 PM »
Spot price on gold is $1397 here in UK at moment - but physical is selling at a 7 to 8% premium across the board. 

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Re: Gold above $1400
« Reply #9 on: June 05, 2013, 08:41:50 AM »
Gold really is trying to go up but the powers (The FED and Central Bankers) do not want it to. They will push it back down below $1400.  To make the economy look like it is still doing well the FED and central bankers will do everything they can to keep the market propped up. It doesn't matter that the Asian and European markets are down, if America looks good than everything is OK, right?

We know that everything is not OK, this is what happened in the Great Depression there was a disconnect between the stock  market and the real economy, but in the end it just completely collapses.

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Re: Gold above $1400
« Reply #10 on: June 05, 2013, 12:43:56 PM »
Looks like the plunge protection team and the high frequency trading systems are losing control today. Gold is still above $1400 and the market is down ~180 points.  Tomorrow or the next we should see a smack down again of gold and the market should go to positive and make a come back, or maybe they have lost control of the markets and they are trying to keep everything from completely falling apart. We will see.

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Re: Gold above $1400
« Reply #11 on: June 07, 2013, 10:19:11 AM »
Ladies and gentleman the FED and central banks have propped up the stock market and smacked down gold. They are continually manipulating the market and making everyone think that everything is ok in the world.

Offline Ellipses

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Re: Gold above $1400
« Reply #12 on: June 11, 2013, 05:14:23 AM »
Gold at $1376 in London this morning.  It does appear as though we are seeing a pattern here.

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Re: Gold above $1400
« Reply #13 on: June 11, 2013, 09:19:25 AM »
I have been noticing a pattern, gold is always kept under $1400.  It doesn't matter if the Euro or Dollar false or goes up they gold price is kept under $1400. If it rises you bet that in 1 to 2 days it is pushed down again. The markets go up on bad news and go down on good news.  It is all fixed to keep everyone mesmerized on how gold is a bad and the market is good.