If you fancy having a laugh, watch the Fed squirm under questioning. This really is a joke...
Friday, 30 November 2012
Tuesday, 27 November 2012
Fake Gold popping up everywhere!
There have been a lot of cases of fake Gold popping up everywhere and even from world famous Bullion Dealers. That's the problem with selling second hand bullion, so if a bullion dealer tries to sell you second hand coins/bars (especially bars) be very careful. There's more of a risk with Gold than Silver, just like you don't see many fake 5p coins, but you tend to see a lot of fake £20 notes. It's a case of the fraudster's time/cost/effort for ROI. Hence why I always stick with Silver 1oz Government Mint coins. I've actively sought to find a good fake Maple Leaf or American Eagle on eBay and can't find any. Fake coins like this are normally very obvious. Good fake coins are rather hard to come by...(which is a very good thing!)...
Picture of overtly blatant Silver manipulation...
This is a textbook example of Silver suppression. Silver has been moving upwards rather strongly and is threatening the key $35 level. Therefore JP Morgan nearly always tries to suppress this by smashing it down by dumping millions of ounces of fake paper Silver onto the market in a very short period of time. It drops the price and then the high frequency robot traders picks this up and amplifies the move to silly proportions! And this large move here happened in less than 5 minutes!
However it's rather promising that the price shot straight back up though. This shows great upwards strength. The next few weeks will be very interesting, especially as the festive months are historically very good for Silver prices...
Also, the speculative side of me is thinking that this was also a very large stop run. Basically the powers that be can actually see where everyone's stop losses are, so a stop run is where the market is driven down or up to stop people out (get you out of your trade) so that a large order can be conveniently filled...
However it's rather promising that the price shot straight back up though. This shows great upwards strength. The next few weeks will be very interesting, especially as the festive months are historically very good for Silver prices...
Also, the speculative side of me is thinking that this was also a very large stop run. Basically the powers that be can actually see where everyone's stop losses are, so a stop run is where the market is driven down or up to stop people out (get you out of your trade) so that a large order can be conveniently filled...
Monday, 26 November 2012
Last Free Seminar - Northampton
This is just a shameless plug for my last free seminar which is being held in Northampton. There's been such a great response from these seminars so far and I'd love to meet you if you come along. You can grab a seat here:
Sunday, 25 November 2012
The media is very slowly catching up...
A thank you for one of our followers who sent me this link today : http://www.dailymail.co.uk/money/investing/article-2237878/MIDAS-SHARE-TIPS-Gold-quintuples-years-rising.html
It's nothing that we don't already know but it does appear that Gold and Silver is slowly creeping into the media's attention. However they always miss out on what's going on in the Silver market. Gold is a smart move, however the smarter investors are investing in Silver due to the hundreds of reasons stated in www.HedgingAgainstUncertainty.com
And in case you haven't seen what's happening to the prices...here's the latest:
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