This was kind of interesting….click here.
March 17, 2014
March 12, 2014
Gold is up today ($20.00 plus at one point). As Mr. Armstrong says, gold is hedge against stupid governments. Click here for the latest update on that Ukraine “situation”.
This should end well.
March 11, 2014
Tyler Durden via zerohedge had an excellent article this morning about the amazing winning percentages of HFT platforms. Apparently the big market for “winning” is currencies. Making fiat money on fiat money with the fastest computer. Fake money and fake traders. Welcome to the virtual world.
But the most interesting thing about this post is not that computers control HFT trading, that the fastest and closest computers always win, that these HFT fat fingers can take down a market in milliseconds, or that currency markets are the main trading market they use to do it.
The scary thing about this chart is that there is a losing side to the winning computer’s HFT bet. Those extraordinary profits were taken from someone’s capital, debt, or savings. And who is that losing side? This is a another angle of the biggest wealth transfer in history.
Side musing: gg thought this little item about Ukraine’s gold air-lifted to NYFed for “safe-keeping” was interesting. Click here. Maybe it is collateral for that billion dollar loan?
March 4, 2014
groovygirl thought this article about the appearing and disappearing articles on gold manipulation was kind of interesting. Click here.
So far, gold is still holding its own.
February 27, 2014
Jesse from Cafe Americain updates his charts. gold and silver still hanging in there. Click here.
Click here for Martin Armstrong’s latest blog post entitled Caesar-Beware of the Ides of March dated February 25, 2014. It looks like panic cycles in some major markets toward the end of March.
Ukraine is certainly heating up and global markets really have not reacted to this situation yet.
February 20, 2014
Click here for Jesse’s gold charts. Gold has gone through some minor resistance levels and still holding its own. Silver is doing well, but not yet broke thru major resistance.
February 17, 2014
Click here. Gold and silver still holding its own. From Friday: “Gold ran right up to the chart’s first ‘red resistance’ line today at
1320 and stuck to it, with the usual wobbling back and forth. So needless to say it took out its 200 Daily Moving Average with some authority. Silver popped a buck and change, and settled for 21.50ish.” Jesse from Cafe Americain.
February 10, 2014
Click here for Martin Armstrong’s latest blog post entitled Gold and the Upside dated February 8, 2014.