‘European Markets’ Archives
$1750 Is Now Support For Gold
READ THE FULL NEWSLETTER So near, yet so far away. Silver crossed the $34 barrier but still needs to close above $37.50, and then it is set to really take off. Gold has crossed one of its next two key hurdles. $1,750 is now support (instead of resistance) and the big $1,800 lies ahead. From there, gold turns its attention on its [...]
2012 Price Predictions for Gold & Silver
READ THE FULL ARTICLE Be sure and read every word of John Embry's speech that leads off today's daily. He is the number one man at Sprott Asset Management and his advice is as honest and correct as you will find, and completely in line with what we here at Miles Franklin have been saying for some time now. This is a CAN'T MISS ARTICLE. I [...]
Friday Morning Commentary: In a FREE MARKET, gold and silver prices would EXPLODE.
READ THE FULL NEWSLETTER OK, so the big question is this – does last Friday’s “named storm” attack, the “FEBRUARY NFP FARCE,” represent a new multi-week initiative to push gold and silver down sharply, and if so, will it work? In Thursday’s RANT, I highlighted 2011’s MAJOR versus MINOR gold attacks, the difference being [...]
Thursday Afternoon Wrap-Up: It will be GAME OVER for the U.S. Dollar
READ THE FULL NEWSLETTER So you thought I was angry yesterday? You ain’t seen nothin’ yet, as today was the first time since abandoning mining stocks last Fall that I lost my temper, screaming at the screen like the old days as I watched the Cartel desperately attempt to maintain the status quo by holding down PM prices. And desperate [...]
Wednesday Morning Commentary: The $1,750 Line in the Sand for Gold
Sometimes there is simply nothing incremental going on, as is the case early this morning. The same marginally higher stock markets, the same “will they, won’t they” rumors about Greek bailouts (they won’t), and the same early morning Cartel suppression of gold at the KEY ROUND NUMBER of $1,750/oz, the line in the sand that will likely [...]
Tuesday Afternoon Wrap-up: Reduced Gold Cartel Attack Effectiveness
As I have written exhaustively this week, I believe the primary motivation of Friday’s “FEBRUARY NFP FARCE” was defending the Cartel’s line in the sand at the KEY ROUND NUMBER of $1,750/ounce gold, and secondarily silver’s 200 DMA at $35.43/oz, as the two have been trading hand in hand below these levels for weeks. TPTB KNOW the [...]
Tuesday Morning Commentary: February NFP Farce
READ THE FULL NEWSLETTER An eerily quiet morning, as the media trance of the past three months’ market “LOCKDOWN” by TPTB continues to shut down all neural activity amongst the 99% of the world that have not trained themselves to critically think. As future decades of mankind’s DESTINY lie in the balance of whether or not Europe can [...]
Monday Afternoon Wrap-up: Blatant Gold Cartel Footprints
READ THE FULL NEWSLETTER Another Monday has come and gone, and more of the same. I could complain about the blatant manipulation for hours, but the fact remains gold was $250/ounce in 2000, and today sits perched just under the KEY ROUND NUMBER of $1,750/oz, up sevenfold in just eleven years despite 24/7 price suppression. Conversely, the [...]
Greece and The Jobs Report
SATURDAY WRAP-UP 2/4/2012 1940! 1940! 1940! READ THE FULL NEWSLETTER …in ten years of watching the NFP report publication - and subsequent PM attacks – I have never seen anything like yesterday’s “FEBRUARY NFP FARCE,” a combination of BLS data manipulation and PAPER gold and silver attacks rivaled only by the blatancy, [...]
The End of the Gold Bull Market
READ THE FULL NEWSLETTER THURSDSAY AFTERNOON WRAP-UP 2-2-12 Things are getting interesting again, with the Cartel nearing the end of its nine lives, though not dead yet. It's not just that the VERY KEY ROUND NUMBER of $1,750 was finally breached after ten attempts over the past three days, and thirty in the past four months, but the manner [...]
