April 2012 Market Report

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April 2012 Market Report

Postby 68Camaro » Thu Apr 12, 2012 10:55 am

April 2012

Again, I have posted very little the past two months plus, because frankly there has been little new. The global crisis continues, the MSM cover-up continues, the PM futures market manipulation continues, and unlike "Rantin' Andy" I'm not going to get myself worked up into a stroke about something that just is, which I can't change.

However, the Indian jeweler's strike has ended, and after a record-setting series of weeks of significant PM market supression, another attempt to lift-off is happening today. Sooner or later one of these is going to take off, and we will have no warning of it, because - frankly, we don't have the data behind what is driving the forces. We don't know the real amounts of shorting, or who the player's are. We don't know the real above-ground reserves. We don't know the real demand. But the sense is that the amount of available physical is dimininshing, and when it hits a certain point, all hell will break loose.

(Mar 2012 thread is here) viewtopic.php?f=17&t=13243
(Feb 2012 thread is here) http://realcent.org/viewtopic.php?f=17&t=11881
(Jan 2012 thread is here) http://realcent.org/viewtopic.php?f=17&t=10836
(Dec 2011 thread is here) http://realcent.org/viewtopic.php?f=17&t=10063
Post on pro/cons/procedure for taking possession of physical stock certificates
- http://realcent.org/viewtopic.php?f=17& ... 59#p104013
(Nov 2011 thread is here) http://realcent.org/viewtopic.php?f=17&t=9307
(Oct 2011 thread is here) http://realcent.org/viewtopic.php?f=17&t=8831
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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68Camaro
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Re: April 2012 Market Report

Postby 68Camaro » Thu Apr 12, 2012 11:59 am

Broad market going up, so PMs are allowed to go up. Let's see if gold will get capped at 1%.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: April 2012 Market Report

Postby theo » Thu Apr 12, 2012 12:48 pm

As of this minute gold is up exactly 1%. Silver, being more volatile, is allowed to run up between 2% and 3%. Honestly, I don't have the technical understanding to identify the specific manipulation, But the redundant patterns are pretty hard to miss.
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Re: April 2012 Market Report

Postby theo » Thu Apr 12, 2012 12:57 pm

In truth, things aren't too different from when the gold price was set at $35. However today silver is included too and the set "market" prices float allowing the bullion banks to make some money by fleecing the over-extended longs (who foolishly think they are operating in a traditional market). It really is a brilliant system for as long as it lasts.
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Re: April 2012 Market Report

Postby 68Camaro » Thu Apr 12, 2012 3:23 pm

It's laughable that the "rules" are so transparent. That amateurs like us can learn these "rules" of TPTB control within a relatively short period of time (albeit substantially aided by professional market watchers) and know with a fair amount of certainty that gold is going to be capped at a 1% rise on a Dow up day. They even bring it in for a "landing". It overcorrects or undercorrects slightly, so they tweak it down to as close to 1% as possible.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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