Gold And Silver - Increased Odds For A Rally. The Clock Is Ticking.

Saturday 9 March 2013

Based on the tape, [in chart form], precious metals appear postured for a rally. To what
degree is unknown, but current developing market activity favors one. Silver continues
to outperform gold, and we start there.

Based on February’s low-end close, one would expect at least a nominal lower low for
March. That event has occurred, and already one-third through for the month, there has
been no other downside effort. Just that showing alone gave rise for expectations of a
better performance this month.

Price still remains entrenched in a sideways trading range [TR], and they tend to last a lot
longer than most expect, this one being no exception.

We often draw attention to the last August breakout as being significantant, and the strong
likelihood for its breakout to be important support. That has not disappointed. Now, in
addition to the lower channel line also checking the price decline, we note an important
drop in Open Interest over the past few weeks.

Time will tell, but this may be another, if not the most important low within the TR.

Failed probes lower can be interesting, but they are much less reliable in a down trend.
It depends upon where they occur. The one from last August was at important support.
Early January was another, and the current failed probe is a part of another pattern that
suggests a high reliability for a rally from current levels.

The silver stars appear to be lining up.

Where silver’s monthly close was low-end, gold’s was slightly off the low. What became a
distinguishing potential turnaround for gold was the fact that February was the widest of
the past 5 month decline. You tend to see the widest bars at the beginning, but when at
the end, they can be a sort of selling climax and a form of downside stopping action.

We see the clearer activity from the silver charts giving greater support for how to view
the gold charts. Without silver, gold’s interpretations would be much more subjective.
Instead of a more obvious starting point for a rally from last August, gold had a congestion
area that was likely to act as support in the future.

The last three weeks have overlapping bars, a form of balance between buyers and
sellers at an area where sellers have been in control for the past six months, and perhaps
now losing it. The clustering of closes echoes the same thing, a possible turning point.

Where the present suggests a rally, and the future has not yet happened, the past reminds
us that there is considerable work to overcome selling efforts, and future rallies appear to
have their work cut out for them. One needs to be select in buying futures.

As we have steadfastly maintained every week for so many months past, buying physical
gold and silver are the best steps one can take for preservation of buying power and for
wealth accumulation. The stock market may be at all-time highs, but as Goldcore points
out, the Dow rally since 2007 is just 50% of gold’s appreciation for that same period. The
reasons for buying physical PMs is vastly different in purpose and in risk when compared
to buying futures.

There are records being set for buying Silver Eagles, and for gold eagles, they are equally
encouraging. Still, the numbers of people who own and hold physical gold and silver are
still relatively small. Those who know are buying and know why. Those who have yet to
buy have no reason to wait even one day longer. The government noose is tightening, and
sooner, rather than later, it may be close to impossible to buy physical gold and silver
without directly reporting purchases to the central planners whose plan will be nothing
short of confiscating the last remaining “vote” of freedom.

If you want to know the future, be very aware of the past. There is one, and one reason only
why Socialist Franklin Delano Roosevelt issued an Executive Order to have those poor saps
who listened turn in their gold. The New World Order has been taking over this country since
the 1860s, one piece at a time. The “outlawing” of gold was their effort to get people to give-up
their only means of wealth. When one has wealth, one does not need the government, and
central planners know this. It is unacceptable to not be in total control of the people. When you
give up your wealth, you give away your independence.

As an aside, Executive Orders only apply to federal employees and “persons.” You should
know that by statute, a “person” is a corporation, a creature of the state and owing total
compliance to the state. If one chose to believe that he/she were such a “person,” [a word
of art purposefully used to deceive], and “felt” obligated to turn in his/her gold, well the
government was not going to tell them otherwise, for that was its purpose, back then.
With today’s Rule Of Law being ignored by all forms of corporate federal government, it is
also much easier to keep the people dumbed down, and afraid.

The turning in of gold then is now the effort of the NWO to get people to “register” their
guns. It is easy to control a people with no form of wealth. It is not so easy to control even
a poor population that remains so heavily armed. This is exactly what Hitler did in Germany.
If you want to see your future, look to the mistakes made in the past, and learn
from them.

If you do not physically own and hold gold and silver, and your ownership is in some form
of paper promise, you may never own it. If you do not know what a “stacker” is, it is time
to become one, with diligent haste. The clock is ticking.