Home Precious Metals

Another boring ZH article on gold manipulations - ho hum

roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
A different slant this time - FOMC meeting days

That's about as unmanipulative as Goldman Sachs not having a losing trading day for an entire quarter. The more I look at that bar graph it does look sort of random...lol.

Those negative bars get accentuated in those FOMC weeks when an Options Expiration or treasury auctions are occurring. That gives you a double or triple witching. This current week was double witching.
On double or triple witching FOMC meetings you can just about mail in the hit that gold is going to receive.
Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

Comments

  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    Nothing to see here... move along folks. image
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • I'm thinking manipulation is for certain, short term. You cannot manipulate the trend.
  • jmski52jmski52 Posts: 22,859 ✭✭✭✭✭
    It's FOMC 5% discount week? Good to know, if you're buying.

    But heck, really - I get better discounts at hotels just by asking.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>It's FOMC 5% discount week? Good to know, if you're buying.

    But heck, really - I get better discounts at hotels just by asking. >>




    That 3-5% FOMC gold discount often translates to 6-10% on silver and miners. Good work if you can get it.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • jmski52jmski52 Posts: 22,859 ✭✭✭✭✭
    My fiancee' is a pro at beating up the retail stores for discounts. Then again, they only mark their stuff up 150% before they put it on sale.

    But this FOMC data sure looks tempting to play.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 19,133 ✭✭✭✭✭


    << <i>I'm thinking manipulation is for certain, short term. You cannot manipulate the trend. >>

    image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

Sign In or Register to comment.