Posts by Anthony Evans78

How awkward 🙂
People try to argue against facts by just sticking to whatever shows up on the first page of Google, completely ignoring the dates 🙂

Nonsense.
The only reason we saw yesterday's dip was the expiration of futures and options—not to mention those standard weekly naked short attacks.
As for the supposed drop in demand in India, the Chinese just stepped in and filled the gap without even breaking a sweat, so that argument doesn't hold much water either.

So, what’s the actual reason?
Oh, right... end of the month, options and futures expiry...
My bad... ☕

I was actually starting to worry we’d go a whole week without seeing some naked shorting 🙂
The reason? Gold sitting at these levels is a direct threat to the criminal financial cartels and their paper holdings. They don't care if these moves are visible from a plane at this point.
For anyone out there who thinks this is perfectly normal behavior:
http://www.zerohedge.com/sites/defau...128_ghold1.png

If you actually bothered to read my previous posts, you’d see I’ve laid out plenty of arguments already.
But sure, let's just pretend this dip is some perfectly normal market correction 🙂

Don't feed the troll.
You aren't going to get a single logical response out of them anyway.

Not a bad piece, considering it's from the New York Post😁

High-frequency trading at its absolute peak.

Ethan Barrett7 said:My point is, don't wait for the absolute top or bottom. It’s nearly impossible to time perfectly when emotions are running high. Plus, regarding gold and silver, you might want to look closer at Graham and his theories...

I don't buy paper gold or silver to play the market or hunt for tops and bottoms.
I buy physical bullion as a way to save and protect the value of my hard-earned money.
Graham's theories apply to investing, not to basic saving.
Until the human race invents a better way to store value than precious metals, I'm sticking with what works.
Besides, 5,000 years of proven history is on my side, isn't it?
And if we're talking about peaks and valleys, paper gold and silver are still light-years away from hitting a true ceiling.

When it comes to GLD, the real question is how much they actually have in physical holdings versus just paper claims.
Wouldn't want Soros to get burned like so many others before him.😁

Here’s why gold is headed for $600 🙂
http://www.moneyweek.com/investments...-soaring-61500

Ethan Barrett7 said:Glad you think you'll bail once things finally hit the fan. You're never gonna catch the end of it, even if it looks tempting...

Could you try being a bit more specific?

Ethan Barrett7 said:Same thing happened with stocks, real estate, and everything else.
Just another way to get fleeced...

Wrong.
If we don't want to keep repeating ourselves, the goldbugs here should go back and read our old posts.
Maybe you'll actually learn something.

It’s going to be a rude awakening for a lot of people when they realize how easily digital "assets" and "cash" can just vanish into thin air...
Anyone feeling like Corzine today? 🙂

Ethan Barrett7 said:Everything in this world is part of some conspiracy, including gold. Once the power players decide a price is too high (or too low), the stampede starts. It's true for everything, but maybe you're just too young and naive to see it...)

The issue isn't even about the price; it's about whether anyone actually trusts fiat currency anymore.
We're talking about physical gold here, not some paper derivative.
And I'm curious, what does my age have to do with anything? Since when did getting older make me naive?
Sit down and take a seat.

Ethan Barrett7 said:It’s not a prediction. We saw this exact thing back in the 80s.
But people are just sheep waiting to be sheared. History repeats itself...

You’re talking about an era when the USA didn't have even a fraction of the debt it carries today.
Back when we actually had export surpluses.
When interest rates could jump to 15% without anyone blinking, thanks to those two factors alone.
Back when Chinese buyers and the rest of the world weren't allowed—or able—to hoard gold.
When the economic landscape was much healthier.
When Western central banks held way more gold than they do now.
Back when all the gold mined during the year actually hit the open market (unlike today, where major producers like Russia and China won't let a single gram leave their state vaults).

I suppose you think all of that is just a reason for gold to crash to $600.
Maybe so, if the dollar undergoes a massive devaluation similar to what happened with the lira in old Italy. 😂

Sam Ruiz60 said:That's certainly possible, though we'd likely be looking at a timeframe of one, two, or even more years.
Essentially, this is a prime opportunity to bet on a correction.
Of course, that assumes you have the patience to wait out the market for years.

For what reasons?

People can play whatever role they want to believe in, but reality doesn't care about your delusions 🙂
Unless you're looking through a funhouse mirror, but that’s a whole different conversation 🙂

Ethan Barrett7 said:My bet is gold heats up one last time before crashing down toward $650 an ounce...

🤦

Theory? I’m looking at a conspiracy in action here.