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The entire story makes sense. everything falls into place. What worries me as much as this massive scam is that no one in Washington is demanding arrests, prosecution, jail time. Nobody is standing up for the American people. What do I think? Washington and Wall Street have so much dirt on each other..nobody in Washington dares to do anything. Inept corruption tied to insane scheming greed have destroyed the world markets. Want to see JP Morgan and Goldman Sachs up close and personal? Yes? All you have to do is scroll down to page 28, table four of the OCC Bank Trading and Derivatives Activities report from last year. JP Morgan. Assets: 1.8 Trillion. Derivatives: 78 Trillion! Goldman Sachs. Assets: 89 Billion. Derivatives: A staggering 48 Trillion!!! And silver is what price? As goes JP Morgan, so goes the dollar. It's time to kill the shorts people. The merger of state and corporate power is. I'm buying physical silver as fast as I can.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Silver and Gold prices have taken a nose dive on Thursday and then again today Friday . $1,500 Key Support Level for Gold says Jon Nadler, senior analyst at Kitco.com . This diving is more pro dollar than against Gold , The US Dollar seems to be the safe heaven for the moment
Jon Nadler, senior analyst at Kitco.com, says that the gold prices should be at $1500 by now due the weakness of the US dollar and other factors , but he does not expect the silver prices to go any higher from here , he projects the silver at $31 , $32 an ounce ....
Gold is best suited for a long term investments. The demand for gold as a currency and for jewelery has always been robust. Gold is very liquid and it exchangeable worldwide , The process of buying and selling with gold is quite quick. It offers near zero risk of value depreciation.Gold unlike stocks can never go to value Zero , One can even invest in gold online, nowadays. Investors can now buy, sell and virtually trade in gold commodity just like any other stock or equities. This has been a driving factor for many to invest in gold because investing online reduces the risk of actually owning the metal.But in this blog we always recommend the actual physical gold in your hand that you can touch feel and store , do not let anybody hold it or store it for you , better do it yourself .Gold prices are generally not affected by the fluctuation in the currency. The gold price does not rely on potency of the currency. Also, the price of gold is not influenced by any kind of political instabilities or crisis.However, gold doesn't provide any immediate appreciable income. The value of the income has to be seen over the long term.People buy gold in order to preserve the value of their money not for a quick gain cause gold is real money it has been so for more than 5000 years , hold it hoard it and wait ...the longer the better
New York (TheStreet) -- Jon Nadler, senior analyst at Kitco.com breaks down if gold prices have seen the worst of the selling.
Jon Nadler senior analyst at kitco dot com :".... that definitely raises the Specter of a possible visit to the 200 day moving average which is done in the you know twelve -- area. So that is largely going to be dependent on what happens with Friday's jobless numbers and if in fact the market offers. Further surprises to the upside as far as the economic recovery is concerned. Then of course commodities in general. Gold in particular. Might stand to -- some more ground here. Be over dependent and investment. I'll stake for gold does raise these risks when in fact fickle money gets up and leave....."
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, explains why gold prices need to break through their previous highs around 1430 to sustain a stronger and...
Jon Nadler,:..."....Well -- it's more of the same we've seen this pattern early -- last several sessions. Outsized move slowed due to -- participation -- players this week. And of course due to our year end book squaring so really these are not. You know. And take home type of a price -- we have to see equal participation in the first week of next year. Particularly in the army -- these moves to -- for instance -- a situation where gold is done and so as the dollar. And so as crude oil basically -- risk on risk -- trade continues to dominate these markets. Today's impact on -- there was a principal one would have been the jobless claims falling below the portrait counsel mark that -- to really boost the dollar too much. And -- hold separate from some profit taking primarily among hedge funds. ...."
Jon Nadler, KITCO senior analyst. discusses whether the gold and silver markets are over sold as of December 10, 2010.The smart money is moving into PMs at these record steal prices. The manipulation alone has already distorted the market. This is unwinding, we have supply issues as well. Gold and Silver is real money. the manipulation, the trillions of dollars created out of thin air, and the fact that silver is being consumed at record levels due to the electronic technology How can one discuss what gold and silver is going to do without talking about why it has done what it has done. What printing money and devaluing the fiat currency actually means. What China is doing? How practically every government/state is bankrupt.
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals whether gold prices have more juice in their rally or if a bigger correction is in store.
Jon Nadler :...Short term I think we'll get more of the same which -- volatility. Wide swings. Punctuated by. You know seldom used by the rumor and less -- the point is that as we -- the corner into the year -- you know homestretch. We're gonna get some profit taking from from funds that have been quite profitable on these positions. And we're gonna get perhaps -- reaction to any kind of -- So that type of volatility. I think -- stay we'll have to see also what happens with China because that could be real wildcard in this equation if -- tighten sooner than later. -- Well you know the trend may have been truncated here actually if if key support levels -- broken around the thirteenth having your lower than we could have more meaningful correction most of which has been really absent from this particular market. For a number of months now we really haven't seen anything of a significant size clean out. Gold broke to new -- Well it it it only means that a near record was etched into the books most of what was achieved. In the second go around beyond fourteen -- quarter. Was really momentum driven sentiment driven men and really not based on on on fresh business thinks that this isn't -- but. Yeah precisely -- that that would be a case of gold on steroids. -- But the moment it's really remains. Around 2890. And if it breaks of course 27 and 25 then we're looking down into the zone anywhere from nineteen to 23.
NEW YORK (TheStreet) --Jon Nadler, senior analyst for Kitco.com, says gold is in for a volatile holiday season. Jon Nadler,...: I think there waiting for the holidays frankly. Overnight sessions. Really looked very lackluster narrow ranges it's basically a dollar slash Euro situational. You know paradigm right now we're looking at. You know the ECB having left rates at 1%. Mr. trichet saying that yes the bond buying programs will continue through Q1. Next year. And of course that doesn't have any. -- stronger Euro and under the and the dollar still receiving a chairman of safe haven bids from this perceived potential contagion over in Europe so that's kind of dynamic. Thing you know it's it's keeping gold at least supported the change -- thirteen hundred's but it has thus far been unable. To penetrate it and over 14100 -- and try to recapture you know -- most recent pinnacle and so we have that is not -- still the threat of and cost more sizable corrections....
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, is skeptical that gold can sustain their recent high prices and is looking for a catalyst to provide direction.
NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, says gold prices need to overcome several resistance areas before the precious metal can reach its all-time high.
NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, said gold prices will continue to look to the euro for direction but that there could be some more negative catalysts waiting in the wings.
NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, argues that despite low interest rates and President Obama's State of the Union, gold prices will stay volatile as the carry trade and investor risk appetite battle over the precious metal.
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, says investor enthusiasm for gold is slipping and although President Obama's regulations are far from law, they are still impacting markets.
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, argues that investment demand for gold is waning as traders shift to platinum and palladium for more speculative upside.
NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kito.com, says that investors shouldn't trust what they see in the gold market for the next two weeks. Light volume will exaggerate price moves.
