Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
Silver Springboards Higher – What’s Next? - 26th May 20
Stock Market Key Resistance Breakout Is Where the Rubber Meets the Road - 26th May 20
5 Ways To Amp Up Your CFD Trading Today - 26th May 20
The Anatomy of a Gold Stock Bull Market - 26th May 20
Stock Market Critical Price Level Could Soon Prompt A Big Move - 25th May 20
Will Powell Decouple Gold from the Stock Market? - 25th May 20
How Muslims Celebrated EID in Lockdown Britain 2020 - UK - 25th May 20
Stock Market Topping Behavior - 24th May 20
Fed Action Accelerates Boom-Bust Cycle; Not A Virus Crisis - 23rd May 20
Gold Silver Miners and Stocks (after a quick drop) Ready to Explode - 23rd May 20
3 Ways to Prepare Financially for Retirement - 23rd May 20
4 Essential Car Trade-In Tips To Get The Best Value - 23rd May 20
Budgie Heaven at Bird Land - 23rd May 20
China’s ‘Two Sessions’ herald Rebound of Economy - 22nd May 20
Signs Of Long Term Devaluation US Real Estate - 22nd May 20
Reading the Tea Leaves of Gold’s Upcoming Move - 22nd May 20
Gold, Silver, Mining Stocks Teeter On The Brink Of A Breakout - 21st May 20
Another Bank Bailout Under Cover of a Virus - 21st May 20
Do No Credit Check Loans Online Instant Approval Options Actually Exist? - 21st May 20
An Eye-Opening Perspective: Emerging Markets and Epidemics - 21st May 20
US Housing Market Covid-19 Crisis - 21st May 20
The Coronavirus Just Hit the “Fast-Forward” Button on These Three Industries - 21st May 20
AMD Zen 3 Ryzen 9 4950x Intel Destroying 24 core 48 thread Processor? - 21st May 20
Dow Stock Market Trend Analysis and Forecast - 20th May 20
The Credit Markets Gave Their Nod to the S&P 500 Upswing - 20th May 20
Where to get proper HGH treatment in USA - 20th May 20
Silver Is Ensured A Prosperous 2020 Thanks To The Fed - 20th May 20
It’s Not Only Palladium That You Better Listen To - 20th May 20
DJIA Stock Market Technical Trend Analysis - 19th May 20
US Real Estate Showing Signs Of Covid19 Collateral Damage - 19th May 20
Gold Stocks Fundamental Indicators - 19th May 20
Why This Wave is Usually a Market Downturn's Most Wicked - 19th May 20
Gold Mining Stocks Flip from Losses to 5x Leveraged Gains! - 19th May 20
Silver Price Begins To Accelerate Higher Faster Than Gold - 19th May 20
Gold Will Soar Soon; World Now Faces 'Monetary Armageddon' - 19th May 20
Gold Mining Stocks Fundamentals - 18th May 20
Why the Largest Cyberattack in History Will Happen Within Six Months - 18th May 20
New AMD Ryzen 4900x and 4950x Zen3 4th Gen Processors Clock Speed and Cores Specs - 18th May 20
Learn How to Play the Violin, Kids Activities and Learning During Lockdown - 18th May 20
The Great Economy Reopening Gamble - 17th May 20
Powell Sends a Message With Love for Gold - 17th May 20
An Economic Renaissance Emerges – Stock Market Look Out Below - 17th May 20
Learn more about the UK Casino Self-exclusion - 17th May 20
Will Stocks Lead the Way Lower for Gold Miners? - 15th May 20
Are Small-Cap Stocks (Russell 2k) Headed For A Double Dip? - 15th May 20
Coronavirus Will Wipe Out These Three Industries for Good - 15th May 20
Gold and Silver: As We Go from Deflation to Hyperinflation - 15th May 20

Market Oracle FREE Newsletter

Coronavirus-stocks-bear-market-2020-analysis

Gold And Silver - NWO 'Problem-Reaction' Ploy Stronger Than Fundamentals

Commodities / Gold and Silver 2014 Feb 08, 2014 - 06:51 PM GMT

By: Michael_Noonan

Commodities

The fundamentals for gold and silver worsen with each passing week, it seems, yet the price for gold and silver still languish in down trends. If everything is as precarious as is depicted in so many other articles citing how PMs are in dire straights, for the same deteriorating reasons presented with pinpoint numbers, as in reduced stocks of deliverable metals, increased transfers from West to East, why are gold and silver still near recent lows for the past two years?


No one has offered answers to such a glaring fundamental discrepancy of excessively low supply, exceptionally strong demand and totally manipulated price.

We remain of the mind that the elephant in the room that no one sees is the reason why PMs continue to be held hostage: the all-powerful elites, the New World Order, call them what you will. There is a seemingly invisible hand directing world affairs in ways few people can comprehend, and it is that inability to connect the dots that keeps the elites in power and the remaining people in the dark. This is an over-simplification, but on point.

The modus operandi of the elites, grandfathered by the House of Rothschild, fathered by Mayer Amschel Bauer, who adopted the better sounding name "Rothschild," for the red sign that used to hang over the entrance of his house. No one has practiced the art of deception more than the group that sprung from the cunning mind of this man who understood the power of interest and translated into practice to gain control of the European governments, and ultimately, the entire Western world.

Fast forward to today with total control of money, via central banks, that dictates to Western world governments. The elites have unlimited numbers of important heads of governments, unlimited numbers of agents to do their bidding and create problems on demand. The Arab Spring, the theft of money from Cyprus, Greece, Ireland, being the most obvious. How about the ransacking of the United States for the past 100+ years? The US is a hollowed out version of what it once was as a result from control of the elites.

What is transpiring in Ukraine, since the president decided to not join the European Union, has been brought about by elite agents organizing a disorganized population to rise up against the government. It is widely known and acknowledged that Ukraine cannot afford to join the EU, in order to have the privilege of being financially raped once a member and controlled by the elite banking cabal.

Ukraine is an effort to keep Putin from gaining control of natural gas pipelines that are a source of heat for much of Europe. It was the impetus behind the Obama regime to declare war on Syria, for similar reasons, only to have the war-driven leader dressed down by Putin.

The elites create problems everywhere, but under the radar, mostly undetected, unless one begins to see how they operate and can then better understand why problems arise where they do and when. These are carefully planned operations. Once trouble develops, the elites then gauge how the public reacts and then offers solutions to the problems they purposefully created.

The reaction to 9/11 in the US? The public was driven into fear, [the created problem], and the reaction was to embrace the solutions offered by the elite-controlled federal government, giving up "freedoms" for greater "security" against "terrorists." America has not been the Land of the Free for decades as a result of the true shadow rulers.

Why did the popular Occupy Wall Street movement all of a sudden disappear? It ran the risk of putting the spotlight on that cesspool known as the venue for central banker control. How was the movement put down? By police force under the direction of the bankers, [who in turn are under the direction of the elites that keep themselves a few steps removed from any direct involvement, but always directing it]. Did the elite- controlled media ever question why the New York City police force was under the control of private banks? Former mayor Michael Bloomberg is an elite acolyte.

The governments are controlled, the media is controlled, the legal systems are controlled, agriculture is controlled, [think Monsanto], the pharmaceutical industry is controlled, drugs are controlled, etc, etc, etc. All because of Rothschild's discovery that when one controls the money, one controls everything.

What the arrogant elites did not expect was the rise of China and Russia, [after being dismantled and now put back together, again], as opposing forces not in control via the Western central bankers and their endless issuance of worthless fiat. All of a sudden, actually, over the past few decades, China and Russia, plus the other BRICS nations, have called the financial bluff of the moneychangers and demanded payment in gold for all the toxic U S Treasury bonds, [worthless, except in one's mind, just like the Federal Reserve Notes, erroneously called "dollars,"], and to keep the elite's huge Ponzi scam from being revealed, they have been selling every ounce of gold the have and also those they did not own but had under their control.

It is all about power, the ultimate fundamental that drives everything, and gold has always been the Achilles heel for the elites, which is why they have always marginalized it in the public's mind. There is no gold in Fort Knox. It is gone. There are no silver stocks in the US. Gone! Roosevelt used an Executive Order, stating all "persons" must turn in their gold or be penalized an exorbitant amount.

First of all, Executive Orders issued by any President only apply to Federal officers of the government. That is it! People did not know that, and the elite-controlled federal government made no effort to dissuade anyone of that misconception. [There are so many, many others.]. Secondly, the definition of a "person," according to laws passed by the federal government, includes corporations. A corporation is a "person." All corporations are created by statute, making them fictions of law of the state in which it is incorporated.

When Roosevelt issued his Executive Order, it did not, by law, apply to individuals as persons, but to corporations as "persons." Any individual who considered him/herself as a "person," made that [uninformed] choice freely. Things have not changed. How does Obama rule? He passes Executive Orders and by-passes Congress, a puppet clan, anyway.

The end game is not totally in place. China has no interest in having the "value" of its ever-increasing gold hoard rise, not while it can acquire it at current low prices. Remember the sale of JP Morgan's crown jewel office building, One Chase Plaza, to China, for $750 million? That is probably less than half of its market value. It also housed the world's largest gold vault, directly connected to that of the Federal Reserve, across the street via and underground tunnel.

To keep China from dumping all of its worthless Treasury paper, and destroying the "dollar" and ruining the elite Ponzi scam, China is being accommodated by the US elites via half-price sales of coveted assets. China is buying both gold and America on the cheap.

Russia is not quite secure in total control of the natural gas pipelines that are being opposed by the West, particularly the Nobel Peace Prize president that is conducting more wars than any other leader on the planet. Ukraine is pay-back to Putin by the elites, trying to divide Ukraine into EU submission and away from Russia. This is why Ukraine "opposition" to the government has been so strong and persistent. It is the work of the well-paid agents on the payroll of the elites. Many of those same agents were at work in Egypt and other Arab countries during their "staged" uprisings.

The point to be made from these somewhat broad assessments, any of which can be verified by doing one's own due diligence, is that gold and silver are being held hostage by the elites to keep their world power alive. It has not yet been determined how those in power will survive, and they are likely working fast and furious behind the scenes with China to keep the gold/silver scam alive, making whatever deal[s] they can to keep control over their flagging Western empire and crumbling fiat scheme.

Last Fall, we said the rally in PMs would take longer than most expect. Expectations were unmet in 2013, and it is possible that 2014 may be no different. So far, the charts give no hint to the reality of the gold/silver situation. We also know of no other source of market information that has been more in sync with price as it is and for whatever reasons.

Gold is well under a 50% retracement between the last swing high and low. This is just a general guide to indicate the strength or weakness of a market. The farther away price is under the half-way area, the weaker the market. More of an issue is the bearish spacing. Whenever there is a space between the last swing low and the next swing high that fails to close that space, it indicates that sellers are more aggressively in control.

Based on the weekly chart, gold give no indication of beginning a strong rally that will change the trend, any time soon.

The trend is always treated with respect as the most important first piece of information because it captures the prevailing price momentum. The best way to trade successfully is in harmony with the trend. Regardless of whatever information that portrays the reality of dwindling supply for gold, the reality of the charts takes preference because the charts are more driven as to timing, and now is not the time to be long futures, just yet.

The reading of charts is always in opposition to the ongoing purchase of the physical metal. Given the circumstances driven by central bankers, at some point, reality will rear itself onto center stage, and the physical will outperform almost every other asset class, and just as importantly, availability may not exist. Keep on buying the physical.



The charts keep the paper market in context. At some point, the price expectation that actually reflects true supply and demand will align, but now is not that time. For as long as the trend remains down and price is well under a 50% retracement, the market is weak.

There has been a series of overlapping bar, seen in the box. Overlapping bars indicates a struggle between buys and sellers for control. There is a temporary balance, and it will eventually lead to an imbalance as price next moves directionally.

The lack of downside follow-through, after the highest volume bar 7 TDs ago, has been an anchor for the current rally, of sorts. The caveat as to which way price will move from here is the trend, which favors lower price behavior until there is an indication of change. Right now, such an indication is absent. Of minor concern is the location of the closes for the 3 bars at the end, tending toward the lower range of each bar. The offset is the fact that despite apparent weakness, price did not move lower.

If gold trades higher next week, the daily trend will turn up, and confirmation will come from a lower swing high on the next correction.



The same applies to the buying and accumulation of physical silver. Based on the ratio for gold/silver, strongly in gold's favor, the next sustained bull market may well favor silver outperforming gold. We strongly advocate the buying of physical silver.

The silver chart is similar to gold but more compact, and weaker, in general. Comments on the chart explain our view of that developing market.



Silver has been "looking" like it could be forming a bottom, but the fact that price is so far not showing any ability to rally, and the continual hugging of this low area may mean that there is insufficient demand. In order to find demand, silver may have to go lower before it can go higher.

We will just have to wait until supply and demand are resolved.


By Michael Noonan

http://edgetraderplus.com

Michael Noonan, mn@edgetraderplus.com, is a Chicago-based trader with over 30 years in the business. His sole approach to analysis is derived from developing market pattern behavior, found in the form of Price, Volume, and Time, and it is generated from the best source possible, the market itself.

© 2013 Copyright Michael Noonan - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Michael Noonan Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules