Daily Gold Chat

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Saturday, January 19, 2019

Here's yet anoth signal that Wall Street has entered a BEAR MARKET MODE
(Vronsky)
01/03/2019 - 16:08
01/19/2019 - 04:08

The US Transportation Index has often heralded an on-coming Bear Market in stocks...as it did in early 2000 and 2007-08.
It's imperative to take note the Trans Index is again waving the big red Bear Flag:

https://stockcharts.com/h-sc/ui?s=%24TRAN&p=W&yr=13&mn=0&dy=0&id=p739390...

Paper Gold holds on for dear life.
(Brett Star)
01/03/2019 - 14:39
01/19/2019 - 02:39

The self anointed master deal maker falls along with his fake market.....while the public watches the exit door, the Congress sets out a new course. Gold prices are trading far above their 20 & 100 day moving average...the trend is higher, the unbelievers will watch the price eclipse $1300 and wish they owned it as it surges past $1350. The jig is up, the market manipulation of Wall Street and the Dow will soon become obvious to the madding crowd.
January 3rd, 2019.

As I said previously: The Stock Bears arer aging through Wall Street
(Vronsky)
12/10/2018 - 11:28
01/19/2019 - 11:28

And this bear market is only beginning...here is why:

https://www.gold-eagle.com/article/longest-stock-bull-market-us-history%...

The Empty Suit.
(Brett Star)
12/04/2018 - 09:54
01/19/2019 - 09:54

Trump and his grandiose machinations continue to raise havoc on misguided body politic. Gold is set to explode as the $USD begins its' slide into oblivion. Hang on to your gold dear friends, time is on our side.

US STOCK MARKET CRASH BEGINS
(Vronsky)
10/23/2018 - 11:13
01/19/2019 - 11:13

During the infamous month of October, US Stock Indices of S&p500 and DOW prices have formed bearish Inverted Flags. Moreover, today's action triggered both. Consequently, the downside price target of the S&P500 is about 2500...and the DOW Index is about 23000.

But let's see if those price levels provide support...especially since we are sooooo close to the midterm elections.

Brett Star
(KS)
10/12/2018 - 11:28
01/19/2019 - 11:28

"The fact that Russia and China are enjoying war games together...."

Very troubling indeed.

Fraudsters are emboldened.
(chris-d)
10/11/2018 - 01:09
01/19/2019 - 01:09

We can't have a system that uses tax dollars to support corporatocracy, elite banksters financing globalism, military industrial complex, all which make up the deep state and still be called a democracy. Last time Trump won the election because the people that voted rejected both parties. We are now witnessing what happens to a democracy where good people who want to behave ethically but are ruled over by fraud and unethical behavior that reign supreme. What we have today is large scale financial frauds being perpetuated by many entities using a multiple of platforms. Let it crash. The sooner the better. It makes no sense to embolden ever more fraud. What the USA needs is a hurricane that is 1000 times the seize of Michael going from one state to the next. We have become the most crocked country in the world.

(Brett Star)
(KS)
10/10/2018 - 15:39
01/19/2019 - 03:39

The entire house of cards (world economies) may hit the floor before it is all over. The debt levels of individuals, companies and governments are out of hand expecting cheap interest rates to be their right of passage. Thanks

KS.....The Chinese have a few thousand years of wisdom on Upstart USA
(Brett Star)
10/10/2018 - 08:52
01/19/2019 - 08:52

I have had business in China for more than 30 years. Those who discovered the Chinese market early on, and still in the game are sucking wind....the damage wrought on those who depend on China (because there is no other market) have lost tremendous revenue with the Chinese now buying elsewhere......Trump is an empty suit. And gold? The tide will turn.

Mr. Brett Star
(KS)
10/08/2018 - 19:40
01/19/2019 - 07:40

I agree with you. China holds all the cards. And in their hand is the Old Maid! Trump will Trump in and make make even his worst losers boss! What say you?

KS

Saturday, January 19, 2019

Gold is still being mined and refined at the rate of almost 2,600 tonnes per year.