The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label market. Show all posts
Showing posts with label market. Show all posts

Monday, April 10, 2017

SGE goes international for first time as Dubail's gold exchange to open new gold futures trade with China in RMB

On April 10, the Shanghai Gold Exchange received its first real international partner as Dubai's gold exchange is opening up a new futures market with China to trade gold in RMB.

The Dubai gold market is the largest metals trading platform in the Middle East, and this program will have the capacity to link China's gold market directly to the Islamic world.  And this is especially important now that Islam's primary financial authority for Sharia Law Finance has approved the purchasing and ownership of gold for the 1.6 billion Muslims living around the world.

Middle East's largest financial trading platform the Dubai Gold and Commodities Exchange (DGCX) is moving to launch the DGCX Shanghai Gold Futures (DSGC). This is after it tasted success with the launch of futures trading in Indian gold. The exchange, akin to Singapore, is attempting to become a hub for trading in financial products linked to India and China, two of the largest Asian economies. 
The DGCX last week announced commencement on trading in Shanghai Gold Future. Trading in financial products linked to India and China, two of the largest Asian economies. 
The DGCX last week announced commencement on trading in Shanghai Gold Future. Trading in Indian gold and currency is a major hit on the DGCX platform with volumes in currency pair rivaling that of the Indian bourses. 
The yuan-denominated gold contracts on DGCX marks the first-ever usage of the Shanghai Gold Benchmark Price in international markets. The launch of the DSGC was officially announced at the Dubai Precious Metals Conference (DPMC) last week.  - Economic Times India

Thursday, September 22, 2016

Gold price and gold miner ETF both spike following Fed's confused position on economy following another failed FOMC meeting

Immediately following the Fed's announcement that once again they would not be raising rates in September, gold shot up over $20 as continuing confusion from the U.S. central bank is driving investors into the best safe haven.

But gold bullion was not the only precious metal asset to benefit from the Fed's remaining at the status quo as the primary market index for gold miners, the GDX, also rose 7% on Wednesday signalling that expectations of much higher prices to come will encapsulate stocks tied to the precious metal.

SPDR Gold Shares (GLD), which tracks the spot price of gold, jumped 1.5% through the close. The ETF recaptured its 50-day moving average for the first time since Sept. 8. It had come under pressure from uncertainty surrounding the Fed's next move on interest rates. 
Higher rates tend to weigh on gold, a nonyielding haven asset, while lifting the dollar in which it is globally priced. 
VanEck Vectors Gold Miners (GDX) vaulted 7.1% on the stock market today. Mining companies are widely regarded as a leveraged play on the price of gold. 
Silver and silver-backed mining ETFs also flew higher in big volume, with iShares Silver Trust (SLV) breaking through resistance at its 50-day moving average and closing at the top of the day's range. - Investors Business Daily
With the Fed nearly assured of propping up equities into the foreseeable future, investing in well positioned mining stocks has become a great addition to buying physical gold as many have risen by more than 100-500% since the beginning of the year.

Monday, September 5, 2016

As central banks funnel fiat wealth to the 1%, gold is becoming the opposite trade to funnel wealth to the 99%

Last week, the world's 'Bond King' Bill Gross continued his message where he proclaimed that stocks and bonds were invariably crap, and that the only true wealth protection right now is in gold and silver.  And at the heart of this clarion call is the fact that he believes the central banks are now in an unavoidable abyss where they not only have to continue to print massive amounts of new money, but also buy up every possible paper asset simply to keep the system going.

But in doing this, the central banks have also had to reverse a trend they were following last year when a large portion of them were out buying physical gold on the open market.  And since the majority of them are now net sellers of the metal at the same time they are net buyers of paper assets, it is creating a unique dichotomy where instead of simply using their policies to funnel wealth to the 1%, they are also opening the opportunity to funnel wealth down to the other 99%.

Not only is gold an auspicious color, culturally, on the mainland, but the People’s Bank of China has long been a major hoarder of its bullion form. Less so, though, as central bankers from Beijing to Brasilia cut gold purchases - by 40% in the second quarter alone. 
While monetary authorities still hold almost 33,000 metric tons of the precious metal, that marks the third consecutive quarterly drop and the longest streak in five years.
And yet, the gold price is rising - up 24% so far this year - even as the biggest buyers back away. What gives? For central banks, waning demand seems partly technical in nature. Weak global exports mean China and other major nations have recorded fewer cash inflows of the kind that normally drive gold purchases. The bigger question, though, is whether G20 leaders are internalizing the three reasons why negativity about the global outlook is driving gold. 
One, of course, is genuine concern about a global financial system still working through the trauma of 2008. Bond guru Bill Gross is making the rounds to explain the second: how central banks, including the Federal Reserve, “all have mastered the art of market manipulation” at the same time the Ph.D. economists on which they rely for advice “have lost their way.” In other words, lingering fear from 2008 and too much money chasing too few investments are combining to pump up safe-haven assets, and excessively so. - Barrons
Central banks are now selling physical assets to protect the new fiat money they are printing which is then being used to buy overvalued paper assets that invariably profit the 1%.  But in doing this they have kept the price of gold down where it can be affordably purchased by the 99%, and where the masses outside the ponzi paper scheme can have a choice and option to both protect and grow their wealth as the bank's failing policies come to a climax.

Tuesday, August 2, 2016

Gold fills the gap and has now moved up to its best price in three weeks

Over the past two weeks, the gold price had fluctuated between $1300 and $1330 as the post-Brexit rally appeared to stall a bit from its move towards $1400 per ounce.  But as we noted here in a previous post, the lull in gold moving higher appeared to be due to the markets waiting for buyers to fill the gap, and sellers to finish taking some profits.

Since the end of last week, gold has moved back up over $1350 and is on its way towards crossing the two year high of $1374 that it achieved within the past two months.  And if it can sustain that price, there is little resistance between here and around $1420.

Gold traded at a three-week high in London Tuesday on the back of a weaker dollar and uncertain timing for a rate increase by the US Federal Reserve. 
Spot gold traded up 0.40 per cent at $US1.358.78 per metric ton in midmorning European trade, its highest point since July 11. 
The WSJ Dollar Index, which measures the dollar against a basket of other currencies, was trading down 0.33 per cent on Tuesday. A weaker dollar makes dollar-denominated commodities, including gold, more affordable for investors who hold other currencies. 
Gold has risen in recent days on the back of a weaker-than-expected 1.2 per cent growth in the US gross domestic product in the second quarter. - The Australian

Wednesday, June 1, 2016

Gold prices cheap in relation to stocks (Dow) and oil

In the financial world, technicals can sometimes carry far more weight than fundamentals do.  Ie... stocks right now on the S&P and Dow indices remain close to their all-time highs despite the fact that Wall Street just had one of its worst earnings seasons since the Great Recession.  Thus investors have been trading primarily on technical analysis and Fed intervention, and have thrown out nearly all fundamental data as irrelevant.

With this in mind we will look at two interesting technical charts that compare stocks on the dow, as well as oil prices in relation to gold.

Gold versus the Dow:
This 50-year chart of the blue-chip Dow Jones Industrial index from Macrotrends suggests otherwise. The graph tracks how many ounces of gold it would take to buy the Dow over any given month going back to 1966. 
In January of 1980 when gold in inflation-adjusted terms hit an all-time high of roughly $2,400 an ounce the ratio was 1.3 ounces and during the Great Depression it took 1.9 ounces to cover the Dow. 
That compares to highs around 40 between mid-1999 and mid-2001 when gold reached lows of $250 an ounce. 
When the nominal price of gold hit a record high above $1,900 in August 2011 the ratio was 6.4, but has now more than doubled to just under 15. 
That means despite the exceptional start to 2016 gold is still cheaper than it was for the 24 years between May 1972 and September 1996 and on a relative basis it's the cheapest since December 2007. - Mining.com
50 years of gold price vs Dow shows metal still a bargain

Gold versus oil:
The Golden Constant: The English and American Experience 1560-2007. In that work, Jastram finds that gold maintains its purchasing power over long periods of time, with the prices of other commodities adapting to the price of gold. 
Taking the broad lead from Jastram, my colleague, David Ranson, produced a study in April 2015 in which he used the price of gold as a long-term benchmark for the price of oil. The idea being that, if the price of oil changes dramatically, the oil-gold price ratio will change and move away from its long-term value. Forces will then be set in motion to move supply and demand so that the price of oil changes and the long-term oil-gold price ratio is reestablished. This is nothing more than a reversion to the mean. 
We begin our analysis of the current situation by calculating the oil-gold price ratios for each month. For example, as of May 24th, oil was trading at $49.24/bbl and gold was at $1231.10/oz. So, the oil-gold price ratio was 0.040. In June 2014, oil was at $107.26/bbl and gold was at $1314.82/oz, yielding an oil-gold price ratio of 0.082. The ratios for two separate periods are represented in the accompanying histogram - one starting in 1946 and another in 1973 (the post-Bretton Woods period). - Zerohedge
Two interesting technical ratios to watch in the market which can be signals as to which direction gold prices will eventually go.

Wednesday, April 13, 2016

Paper traders helping to keep gold prices going higher as market fully into bull run

As many gold holders know, the paper markets are much greater than the physical and can have extreme effects on price and direction.  But with gold in 2016 having its strongest start since Americans were allowed to once again own the precious metal back in 1974, an interesting synthesis is starting to emerge.

And that is the paper traders, particularly those in the options market, are moving en masse into the Bull camp and helping to keep gold going higher even as the Fed seeks to depress the price in order to protect the dollar.

Amid gold's best start to a year since 1974, options traders continue to bet on more gains.



Thursday, November 19, 2015

Brother can you spare $106,000?

One longstanding mantra in the investment world has always been, buy on rumor, sell on news.  But thanks to social media, and a 24 hour a day business news cycle, this paradigm has gone much further than ever before, and where the media has become the platform for stock manipulation created on many levels.
We can recall a few months ago how weight watchers stock soared in the aftermath of an announcement that billionaire media mogul Oprah Winfrey had purchased a stake in the company, despite the fact that the fundamentals for the company had not changed.  And in a unique instance of speculation gone wrong this week, a short seller of a bio-tech company was suddenly crushed simply because an infamous name in the investment community stepped in to buy half the company he was shorting, and it has led to a margin call of extreme proportions.

Tuesday, July 7, 2015

Got Karatbars? U.S. Mint out of silver coins and closes window for near future

On July 7 the U.S. Mint made the announcement that they were closing the bullion window, at least until August, because they were completely out of silver eagle coins for sale to the public.  This is the first suspension of sales since Autumn of last year, and signifies a growing flight by the public out of paper assets like stocks and bonds and into precious metals and other hard assets.

The US Mint has just notified Authorized Dealers that it is ENTIRELY SOLD OUT of Silver Eagles, and WILL NOT TAKE FURTHER ORDERS UNTIL AUGUST 2015!
This morning we warned that a massive jump in silver premiums was imminent as premiums on 90% silver had tripled in the past 48 hours.
Less than 3 hours later, that has been confirmed as the US Mint has just SOLD OUT ENTIRELY of all Silver Eagles and suspended sales for at least 3 weeks. 
The Mint also advised when sales resume Silver Eagles will once again be on allocation.
Wholesale premiums instantly jumped 50% on the news…for the few authorized dealers who had any coins remaining in inventory.
We will keep you updated as the silver shortage progresses. - Silver Doctors

It is ironic that as metal sales have skyrocketed over the past month, paper spot prices have been crushed down, including this morning when someone shorted the market for over $1 billion in naked contracts, bringing the price below the 100 day moving average (MA), and to lows not seen this year.  This validates how much pressure there is in the commodity derivative markets, and how those on the wrong side of the trade cannot afford for price to rise, similar to the way the Fed cannot ever let interest rates climb.

The bottom line... the paper market is imploding, liquidity is drying up, and the smart money is buying precious metals NOW hand over fist.

So how can you get into the game, protect your wealth, and be leveraged to thrive in whatever result, or change comes from this market volatility?

The answer lies in a company called Karatbars.






Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.

How to make money in both the Dual and Uni-level systems of Karatbars




How to make a six figure income using Karatbars in just 7 weeks.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Wednesday, October 12, 2011

Currency wars in Europe run into power outage

A power outage at Thompson Rueters in their currency trade systems overnight led to large movements in a number of major currency pairs.

The early morning outage seems to show one important key to investors... take out the middle man (brokers), and economic indicators run wild.

Imagine that... a market that isn't manipulated... even for a few short hours.

Thursday, August 4, 2011

Why you cannot trust financial analysts

Yesterday on CNBC, fund manager Barton Biggs just yesterday said that the market is set to climb 7-9% and rally going forward.

Whooooops!

And like a child who was caught with stolen candy in his pocket, Biggs today on Bloomberg TV came out and said he was wrong and that his guess... and thats ALL these analysts can ever do is GUESS... was not only too early, but now he has NO IDEA on when the bottom may come in.

http://www.bloomberg.com/tv/#ooid=d3MzYwMjoS4f85a0xfQrxDFebezasnkN

All we can say for Barton Biggs, Jim Cramer, and any other meaningless talking heads.