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Bad news for gold - Aden Sisters market report

roadrunnerroadrunner 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
Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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    mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Never in history has such a great economic powerhouse "williingly" jumped into the socialist cesspool. Swimming in it, bathing in it, whining and snivelling for as much of it as they can get. And in this case, the economic powerhouse is the greatest place in the history of the world, the most free place in the history of the universe almost sprinting toward economic collapse with a large percentage of ignorant people actually writing letters to the editor of various newspapers talking about how wonderful socialism is and how "the people" will be so much better off. While capitalists flee and freedom becomes a concept that fewer and fewer here can even define.

    That's what's happening. And this trend is carved in stone.

    Watch your back.
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    << <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...

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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    That broken clock has 2 choices for gold, buy or sell. So you can be wrong if you pick the wrong direction. The Aden's have consistently recommended buying at peaks fwiw.

    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

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    CaptHenwayCaptHenway Posts: 31,563 ✭✭✭✭✭


    << <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???????
    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <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???????
    image >>



    change the batteryimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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