Gutes oder schlechtes Zeichen, viele Grossbanken fielen heute im Kurs und der Dow wieder runter.
Ich glaube die friesieren auch die COT Daten und weiss ich was alles noch.....wie lange noch ?
Klasse Gold bei 820 und HUI 340 vor dem Optionsverfall, ein Auge auf den USDX.
Misstrauen in USA kommt wieder auf wenn die Luegen keine Wirkung mehr zeigen und viele sehen eine Gelegenheit Klopapier fuer Gold zu tauschen bei dem USD-Zauberanstieg, dafuer kriegt er nachtraeglich eine Goldmedaille oder Muenze von den Chinesen.
Jeder sollte eine haben oder nur 2 Gramm/Kopf dann ist aber alles weg von den 150.000 tonnen auf der Welt.
Max 210.000 tonnen Gold dann gibt es keines mehr auf diesen Planeten und das PPT muss zum Mars.
Beeilt Euch wenn ihr mehr wollt... ..oder kauft Euch einen Wohnwagen von mir aus und zieht ins Gruene.
Morgen und Uebermogen sind IMO ein Stichtag, diese Woche wird sich viel zeigen, stuermische Zeiten fuer Wochen.
Der Schlag auf Gold war reine Panik vom PPT, das Schicksal Rad dreht sich wie immer.
Good luck !
XEX
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Hier was von Gata:
Gold was under pressure in the Access Market on Friday and remained under pressure throughout today. What stood out from the get-go was the weakness in the US financial stocks such as AIG and Lehman Brothers. This pronounced tendency for such key stocks portends ill winds for the US economy and financial markets in general. It supports the thesis of many in the GATA camp that we are headed for further crises. The Gold Cartel and PPT have been huffing and puffing to do whatever they can to stave off a horror show, but I don’t they will be successful.
The ill winds are more like a tornado … which will attract more and more investors to the gold/silver arena.
Dave from Denver chips in on my line of thinking…
I don't see any reason whatsoever for gold to be down today other than Paulson is using all of his resources to try and "snuff" gold with paper. Let's not forget that Volker said in a 2005 interview that the only mistake he made in controlling inflation was not controlling the price of gold. Check out what bond yields are doing:
http://www.bloomberg.com/markets/rates/
That right there tells you there is something very ugly about to hit the markets.
As for the physical market, I bought a load of silver eagles in late March and paid 10% over spot.
Now the dealer I bought them from is PAYING 15% over spot and selling them at 22% over spot.
***
The gold open interest fell 537 contracts to 376,845 and the silver open interest dropped 1036 contracts to 128,685.
The gold COT report is old news and predictable for the most part with large specs becoming less long by 18,000+ contracts and the commercials becoming less short by 25,000+ contracts. What was a bit odd, and friendly, was that small specs decreased longs by 3,011 contracts and increased shorts by 4,354
Steve sent this in over the weekend. It is the way I see it too…
I feel the (panic) bottom is in for Au & Ag. Masterful job by the cartel where, esp in Ag the market went down (week ago Thurs because the cartel smacked it down to where the margin clerks took over and quickly drove it down 1.50 +
Er schreibt zum Abschluss das es ein historischer Moment war den ich auch so bezeichnet habe.
Brutal zugeschlagen haben die, jetzt kommt bald die Abrechnung denn mit drucken alleine kann man auf Dauer keinen grossen Crash aufhalten.
India, Arabia, China and Russia lieben das PPT Team und kaufen fleissig Gold mit dem Fiat, milliarden von denen koennen sich nicht irren.
Just give me Rupee !
Thx again
Steve K
Yields on the 10 yr T note fell to 3.78%, a low for months. This is no way for the dollar to maintain any sort of strength. The dollar bulls keep saying that we will recover economically ahead of Europe and other nations, so the dollar will go higher. Nonsense in my book. We have a financial market catastrophe to endure first, thanks to the Orwellian way of managing markets, before the dollar can maintain any sound footing. New lows are in its future in the months ahead.
The dollar ended the day up .04 to 76.86 as the euro fell .0032 to 1.4757.
The CRB rose .33 to 395.13. Crude oil gained 45 cents to 114.98.
More gold goodies:
India stands off bears
Indian ex-duty premiums: AM $10.91, PM $12.04, with world gold at $819.35 and $822.40. Hugely above legal import point. This is basis Ahmedabad, but similar results appear from the other conduit cities. The stock market edged up 0.34%, but the rupee was notably weak, closing at $1 = R43.79 versus Friday’s R43.425. With oil down appreciably, the only obvious cause of this would appear to be gold imports.
Friday: Indian ex-duty premiums: AM $12.00, PM $10.30, with world gold at $836.10 and $828.80. Massively above legal import point. This was basis Ahmedabad, but the other conduit cities concurred. The stock market closed up 1.17%, and the rupee edged up close at $1 = R43.425 (versus Thursday’s R43.51).