Bad news for gold - Aden Sisters market report
roadrunner
Posts: 28,303 ✭✭✭✭✭
Like a broken clock the Aden Sister's timing has been impeccable by being 180 deg out at every interim top over the past couple of years. When they finally put out a letter to buy it's usually just as the market is getting frothy and near a peak. But that's not to say that one day they just might remember to plug the clock back in for a change.
If they are so confident of the great values that gold stocks or gold are at current levels, where were their "buy" letters back in the $800's only weeks ago when gold stocks were 25% cheaper and gold $70-$90 less? The basic gold fundamentals that they cite to support their case are unchanged over this period. Something just doesn't make sense here. Are they just shills for the major short interests in gold?
Aden Sisters
roadrunner
If they are so confident of the great values that gold stocks or gold are at current levels, where were their "buy" letters back in the $800's only weeks ago when gold stocks were 25% cheaper and gold $70-$90 less? The basic gold fundamentals that they cite to support their case are unchanged over this period. Something just doesn't make sense here. Are they just shills for the major short interests in gold?
Aden Sisters
roadrunner
0
Comments
That's what's happening. And this trend is carved in stone.
Watch your back.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>Like a broken clock the Aden Sister's timing has been impeccable by being 180 deg out at every interim top over the past couple of years. When they finally put out a letter to buy it's usually just as the market is getting frothy and near a peak. But that's not to say that one day they just might remember to plug the clock back in for a change.
If they are so confident of the great values that gold stocks or gold are at current levels, where were their "buy" letters back in the $800's only weeks ago when gold stocks were 25% cheaper and gold $70-$90 less? The basic gold fundamentals that they cite to support their case are unchanged over this period. Something just doesn't make sense here. Are they just shills for the major short interests in gold?
Aden Sisters
roadrunner >>
Roadrunner, even a broken clock has the right time twice a day...
On the flip side Bob Hoye, who called the deleveraging event in 2008 sees at worst a correction to $865 from here before gold takes on $1000 again. Sinclair just recommended ceasing all trading activity and to sit tight. He expects gold to make its move within a few weeks rather than months. Jim Willie's lastest article suggests that the Comex is getting squeezed and that a failure to delivery is only a matter of time. He also thinks that the June contracts will have some serious problems in settlement because one major bank is deep underwater on its naked shorts. He doesn't mention which one but only JPM, HSBC, and GS play in those waters. The fact that Germany, Dubai, and others are now asking for their gold back would support such an idea. Rick Ackerman on the other hand feels that if the dollar puts in any sustained rally from here it could be a serious squeeze on the shorts while forcing equities and commodities down in another sharp round of asset deflation.
Couldn't help but quote this snippet from Jim Willie in the next stage of massaged govt stats. Expect 2nd QTR GDP to be off the charts:
And lastly, give credit to the USGovt statrats in their busy laboratories. They decided to ramp up the Q2 Gross Domestic Product by including all USGovt rescue funds for the big banks, including the diverse funds from the many liquidity facilities. All those funds will go directly into the GDP for Q2 as a special line item. Expect a miraculous economic recovery in the second quarter, based in vapor. The stock rally since March was based in accounting fraud.....
roadrunner
<< <i>
<< <i>Like a broken clock the Aden Sister's timing has been impeccable by being 180 deg out at every interim top over the past couple of years. When they finally put out a letter to buy it's usually just as the market is getting frothy and near a peak. But that's not to say that one day they just might remember to plug the clock back in for a change.
If they are so confident of the great values that gold stocks or gold are at current levels, where were their "buy" letters back in the $800's only weeks ago when gold stocks were 25% cheaper and gold $70-$90 less? The basic gold fundamentals that they cite to support their case are unchanged over this period. Something just doesn't make sense here. Are they just shills for the major short interests in gold?
Aden Sisters
roadrunner >>
Roadrunner, even a broken clock has the right time twice a day... >>
What about my digital clock that is dark???????
<< <i>
<< <i>
<< <i>Like a broken clock the Aden Sister's timing has been impeccable by being 180 deg out at every interim top over the past couple of years. When they finally put out a letter to buy it's usually just as the market is getting frothy and near a peak. But that's not to say that one day they just might remember to plug the clock back in for a change.
If they are so confident of the great values that gold stocks or gold are at current levels, where were their "buy" letters back in the $800's only weeks ago when gold stocks were 25% cheaper and gold $70-$90 less? The basic gold fundamentals that they cite to support their case are unchanged over this period. Something just doesn't make sense here. Are they just shills for the major short interests in gold?
Aden Sisters
roadrunner >>
Roadrunner, even a broken clock has the right time twice a day... >>
What about my digital clock that is dark???????
>>
change the battery