QE, no QE - Jerking PM Prices Around - is that the Plan ?

[gunDriller]

Today's negative jobs report, we are told, leads to expectation of continued QE.

PM Prices up.

Positive Jobs Report ?

PM Prices down.


Attack Syria ?

PM Prices up.

Roadblock on the road to attacking Syria ?

PM Prices down.


I just have to wonder, if the 2% to 5% trading range we are seeing, where Gold & Silver prices are going up & down with the news relating to QE tapering & Syria attack ...

Wow, if I was an insider, I could make good money trading all those news reports.


Maybe that is part of what we are seeing ?

Is that part of the whole point of the PM prices that we are seeing - bagel-scented banksters trading on inside knowledge of world affairs.


Is that part of the whole point of the "Attack Syria" scenario - not just to eventually injure one of Israel's enemies, but to allow insiders to trade the news and make big profits in a down economy ?

[Libertarian_Guard]

Gold is going along for the ride.

Back in june, it was announced the QE would be cut back around september ............ me thinks this was too spike interest rates, so as to spur on home sales.......ALL SHORT TERM, because interest rates will come back down when the bombs start falling and U$D's return home.

[Libertarian_Guard]

Gold is going along for the ride.

Back in june, it was announced the QE would be cut back around september ............ me thinks this was too spike interest rates, so as to spur on home sales.......ALL SHORT TERM, because interest rates will come back down when the bombs start falling and U$D's return home.

[Son-of-Liberty]

The OP makes a lot of sense. These insider crooks make huge profits regardless of market direction as long as it is moving. Gold up and then down 100 in a month.......

[Son-of-Liberty]

........... and now back up 55 dollars on the news of no taper.

[Rubberchicken]

This may help understanding what drives prices-
Later this afternoon the Federal Reserve's FOMC are widely expected to announce the tapering of QE. This month's meeting has long been eyed as the one where Bernanke will make such an announcement. With this in mind gold's recent declines have been attributed to tapering expectations. Many analysts have stated that should QE be tapered then the gold bull market will almost certainly be over.

Here at The Real Asset Company we struggle to see this point of view. Not only has gold responded negatively to the latest round of QE but it is not solely driven by the decision of one committee and the US dollar.

As we explain below, there are five good reasons why the long-term gold price will disregard any announcement that is made later today.

Read more here- http://www.safehaven.com/article/31163/is-bernanke-about-to-destroy-the-gold-investment-market

[Son-of-Liberty]

and then on Friday back down $50.....

Honestly this market is so rigged and manipulated.

Certain groups are making absolute killings while anyone else trying to trade is getting slaughtered.

I don't trade but I am getting sick of holding my physical position waiting for better prices (which is what they want).

[Hypertiger]

You all are the supply to and demand for yield to the system

the system is collapsing...the plan is to collapse to oblivion...but not to tell you all about it...and It looks to be working great...you all are just going with the flow.

You all are scratching your heads speculating as to what is going on...and then one day you find...10 years have got behind you...no one told you when to run...you missed the starting gun.

The top who taught you all the lies you worship as Truth...They know what is going on...since they know what the lies are that you all believe are Truth...and they look to see if you still worship them.

Like the SEC...that is a lie the top created that you all worship like fools...You actually think it is watching to see what the people that created the lie and sold it to you all to buy...are doing?

and as long as you all keep slipping on banana peels making fools of yourselves...the top relaxes and lets you do all the work bidding up their assets...until you all tucker out...then they sell you to oblivion.

been doing it for 2 centuries now on wall street...and you all love it...total hook line and sinker fools.

and now after over 200 years of being milked for yield...you are running on empty.

but you all are brainwashed to believe in positive outcomes.

you are moths flying into the flame...for 32 years you all have been demanding more and more from the net producers of power...but they have a maximum potential.

Your entitlement mentality has a higher demand than the supply from the net producers to supply what you all think you have a right to.

soon you all will be cut off from what you think you are entitled to and deserve...and hooked up to what you do not want and think you do not deserve.

Then you all will really have a good cry.

[gunDriller]

and then on Friday back down $50.....

Honestly this market is so rigged and manipulated.

Certain groups are making absolute killings while anyone else trying to trade is getting slaughtered.

I don't trade but I am getting sick of holding my physical position waiting for better prices (which is what they want).

Wow ! Hypertigeypoo bumped my post !


the Cartel is doing long-term PM investors a HUUUGE favor, buying opportunity of the century/ decade.

but yes, for those needing to use PM's for short-term financing (of new car purchase, travel, etc.) "take it in the teeth".


however, this is how you learn ! :)

e.g. April 2011, that Friday when Silver was $48+ - what a good time to do a Gold-Silver swap !


one thing i learned - mine production costs provide a decent floor for market prices.

anything above production cost = speculative quantity.


B A C K U P T H E T R U C K !

[Sparky]

All markets are manipulated. The PM market is more easily manipulated than others because of its relative size, and its difficult-to-value characteristics. People should have a macro-sense of how markets work.

Fundamentals drive long-term price. The fundamentals supporting gold and silver have not changed for a decade. Nothing is turning out differently than what has been expected. It's the reason that gold will go from $250 in 2001 to somewhere between $2,500 and $5,000 some time between 2016 and 2025.

QE, bad jobs reports, bad economy reports, etc. are simply the playing out of what has been known since the beginning. To expect the fundamental market to respond to these items along the way is a mistake. They are not new information, they are simply a revelation of details of how the story is unfolding. Market prices should not be reacting to them.

So, every other price action in between is market noise and manipulation. Please understand this. Big players know the long term trend, and they use their vast capital to push the swings all along the way. The bigger swing they can push, the more money they can make along the way. Price goes way down or way up when all the big players are pushing in the same direction. Sometimes big players will time their moves in the context of the details (QE, jobs reports, Fed announcements, etc.) to make it appear that these things are moving price, sometimes in a logical way, and sometimes in a confounding way.

This type of manipulation is evident in the big drop from $1900 to $1150. But understand this: The same type of price manipulation also brought the price from $1000 to $1900. You must understand this to understand market price action. It works in both directions. That's why 10-20 year fundamental trends are made up of a series of uplegs and downlegs, each lasting from a few months to a couple of years. This is where the big players are using their capital to make money along the way. Smart traders recognize this and ride their coat tails.

This is how it works. This is how all markets work.