TedWeir

Originally Posted by TedWeir

From Goldbggr
Wednesday, February 1, 2012

Another point on this wagon that appears to be in for a ride... a point of view that has a technical spot light: the S&P TSX Venture Composite Index (CDNX)

Attachment 765

The Index looking like its definitely come off the bottom and broke the down trend that ran for most of last year. For the careful: wait for the confirmation that the down trend is officially over. Or put on a little risk and start accumulation your favorite targets. I believe the index will trade a little sideways for a bit yet perhaps waiting for the golden cross formation.

I haven't waited. I don't believe we get many opportunities like this and so I am acting. Remmeber to do your own due diligence and speak to an accredited financial advisor.

G

Here are some excerpts from Matt Badiali, editor, S&A Resource Report :

It's Time to Get Long Junior Miners

Wednesday,

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Originally Posted by TedWeir

From Goldbggr:

Apologies to the Great Dennis Gartman

- Market trading technicals have been severely tested across all financial instruments

-Marauding trader groups (hedge funds, investment banks, deep pockets of the world's ruling-owner elite) are pushing for capitulation in every corner seeking to unhinge and unseat what remains of independent and weaker investors and traders.

-Short attacks are common place with the dark pools doing much of the 'painting' and Miss&Dis-information distribution masters manipulating the markets and media. IMO
BUT after all is said and done today what has actually changed fundamentally with the picture:

1. The world's finances are an utter disaster
2. Fiat currency valuations are purely fear driven
3. Banks have been adding gold at fast rate

So IMO Dennis wrong period. Unless you want to trade this market. This is big mistake IMO. What do you think?

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Originally Posted by TedWeir

Ah the dance of truly amazing stupidity continues... BUT we all know they cannot fix this—THEY HAVE TO LET IT GO, otherwise it will not heal. The cancer (out-of-control American and European banking and the owners of those tumors) and the doctors (politicians making out large while keeping the comatose heart beating) keeping the patient alive (us all) must be pushed aside as they do not seem to be willing to think properly.

T

Excerpt repost from Zerohedge:


US Economic Data Reporting Now Officially A Farce: Every Economic Data Point Prints 4+ Std Devs Above Consensus


It appears that central bank intervention was not the only thing in full force today: The US version of the Chinese Ministry of Truth in economic reporting has now officially joined the fray. Anyone wondering just how much of a joke the US high frequency economic data updates have become should look no further than these three charts showing Wall Street

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Originally Posted by TedWeir

Bankers and Politicians running scared of the conditions which they created and the people—the 'brilliant idiots' swollen with greed who designed, benefited by and remain free of all charges of malfeasance—they protect as their true overlords...

excerpt from zerohedge:

As expected, the Fed has just bailed out the world once again:

• FED, ECB, BOJ, BOE, SNB, BANK OF CANADA LOWER SWAP RATES - BBG
• ECB, FED other major central bank to lower the pricing of existing USD liquidity swaps by 50BPS

And as we have been writing every single day, the worldwide dollar crunch is now confirmed:

• At present, there is no need to offer liquidity in non-domestic currencies other than the U.S. dollar

And finally, a promise to bailout Bank of America when it hits $4.00 again:

• U.S. financial institutions currently do not face difficulty obtaining liquidity in short-term funding markets. However, were conditions to deteriorate, the Federal Reserve

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Originally Posted by TedWeir

It is becoming clear as everyday we watch the world's political and financial 'controllers' demonstrate there lack of power to 'fix' the problem they created and continue to benefit from. Those people simply have to go. But that won't happen till the summation financial disaster finally destroys the illusions of the fiat currency's ability to straddle our 'Balkanized' planetary economy.

So where do you want to be to when the sh-t hits the fan?

T

http://goldbggr.blogspot.com/2011/11...afe-haven.html

Originally Posted by TedWeir

excerpt from article By Dr. Jeff Lewis on Gold Speculator

The messier things get the messier things get... the removal by financial-karma of the people and managers who've desired their wealth goals so much that they smashed our system continues...

PIGS GET SLAUGHTERED... let the natural process continue...

T

...
Going forward, silver investors should tread lightly, as silver should be increasingly volatile until MF Global’s customers find a new clearing company. Silver is one of the least traded contracts on the future exchanges around the world, meaning that after MF Global’s demise, liquidity may be vastly limited. Analysts suggest that traders who previously worked with the firm should be able to pass regulatory and corporate scrutiny with another major investment bank or broker, and that all traders who used the firm as a proxy for order fulfillment should be back in the market by November 4 at the latest.

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Originally Posted by TedWeir

The idea is that gold is not merely a hedge—it is a currency. A world of fiat currencies and political expediencies and greedy masters of banking and business trying to out-profit each other has lead to disintegrating confidence and currency fear. Confidence is everything for fiat currency but gold is an agreement of value that everyone shares.

G

Excerpt reposted from 24hGold

The Most Bullish Sign For Gold: Falling Inflation
by Sam Kirtley - SK Options Trading
Published : November 08th, 2011


Whilst many may argue that gold is an inflation hedge and therefore inflation is bullish for gold, in reality the dynamics at play here are not that simple.


In our view, gold is a currency. Therefore fluctuations in its price are largely based on its perceived value relative to other currencies. We would not suggest that its role as an inflation hedge is a primary reason for being long gold, since there are far

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