Gold Cartel Monkeys: At Least They’re Predictable – Eric Dubin
TND Exclusive: Eric Dubin |
On last Friday’s Silver Doctors Weekly Metals & Markets I warned that the momentum in gold and silver had started to fade, with paper bullion beginning a horizontal trading pattern, and the mining shares ever so slightly rolling over (see GDX chart in my show write-up; click here).
Following a rare period of back-to-back follow-up days of rising prices, it was clear the cartel was sitting on the sidelines, preferring to let paper metals momentum chasing traders expend most of their capital. Countless times over the last 15 year bull market I’ve watched the cartel follow this pattern when metals intiation a big move. The cartel waits for momentum to fade before attemptint to take prices down a notch.
We managed to see higher prices on Monday. But again, once reaching a higher plateau, trading was flat for most of Monday. Starting with the Tuesday early morning session, the monkeys appeared and the smash turned aggressive later in the day:
If nothing else, the monkeys are predictable!
There’s interesting price data visible in the charts above. Notice silver’s higher slope following the smack-down? For whatever it’s worth, that more aggressive buying of the dip demonstrates a tighter market in silver vis-a-vis gold. Regardless, this attack will be short lived. Once we get past the pricing in of options expiration and further cartel attacks, I believe we will be set-up for a rip roaring June and much higher prices over the course of the remainder of 2015.
Source: http://thenewsdoctors.com/gold-cartel-monkeys-at-least-theyre-predictable-eric-dubin/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
