Interesting to see how this below chart may be forming a mirror image of above?
Then ask yourself, WHY do those NINE DAYS clump up like that, and did they do that back in April and May ? Take a look >
Maybe a ledger sheet from the 3rd Season, 3rd Episode from Game of Thrones will illustrate the point.
THIS SEGMENT from 1:07 to
1:39 gets the whole point across
(link to YouTube)
NO GOLD LEFT ?"
Yes it is at this point that Tyrioun figures out from the ledgers that not only is there no Gold left, but that they have borrowed more Gold than they can pay back from Tywin and the Iron Bank, and in debt in fiat as well. HMMMMM.
I think there is NO MORE GOLD to be begged, borrowed or stolen. I'd play the Chinese Card myself, relative to Gold and Silver, at it helps us all. They short the paper, and long the metal. I am only halfway there, going long the metal with every paper dollar I can get my hands on. Libya has been ripped off, as an other N.African nation as well as Ukraine, and Mali, so now, who they gonna steal any more gold from.??? IF they had the Gold, like they used BOE's Gold last year, then WTF don't they use it. The bottom line is they are OUT OF AMMO, or they'd have used it, and everyone would be afraid to go back in............which you can see no one is, as each time there is a p*ss ant raid, the price ramps right back up with no fear.............
Thus they lost control back at the end of may and are trying to hold this line now, but will fail, IMO, cause they got NADA to do it with, and are hoping against Hell which I suspect is gonna break loose on them, slow or fast, but I suspect they cannot hold it back...........
Your gonna read a great deal of bullshit about how this was just short covering etc, etc, yadda yadda, why this cant last, etc, etc, which watching last June's Bottom to Sept, Dec to March, and now this one. Slice it anyway you want but the bottom is at hand. All the top and bottom callers are getting their butts kicked, cause I don't see a lower bottom in either Metal or Stocks that is confirmed by the other in my GolDow® concept, so I just work with direction and let the levels( amplitude ) take care of itself. If you want to see this in action, sign up for PEAK PICKS, or CARTEL~BUSTER ! which have money-back guarantees, or XTTERRA just to stay ahead of the markets........Good Luck