Ah we meet again, Tavarish ! Tamper resistant data and graphix.........

I think no one has any doubt after the events of last week when 13,600,000,000 Oz of GOLD FUTURES contracts were dumped EN Mass on the COMEX, yes count the ZEROS, Thirteen (13) Million, Six Hundered (600) thousand Ozs of Gold for FUTURE DELIVERY.    Stunning and numbing, DUMPED to for maximum effect, which IMO > proves there is far more paper in this world than GOLD, and likely far more than the gold the sellers physically possess.  Heaven prays that the BUYERS of these contracts stand for delivery.
Of course if they are fake entities, merely used to facilitate transactions, there is no real OTHER SIDE to the TRADE.    Since the COMEX is using either UNECONOMIC or FAKE transactions to set Price Discovery, the Price Discovery process itself is either deeply flawed, wrong, or irrelevant.  You decide which.

Giving lie to the entire process was the parallel Silver Smash which was immediately accompanied by HIGHER PREMIUMS for PHYSICAL SILVER.  No genius is required, simply follow any links of Metals dealers and you will find they will SELL at anywhere from a $4.00 to $8.00 per OZ higher level than COMEX quotes, PLUS Shipping, so getting Real, Physical Silver in your hands will cost you  a minimum of $6.00 more per Oz Unit, in Quantity.  Smaller orders, say under 10 OZ will be looking at a $8.00 - $10.00 Pricing bump PLUS shipping.  So in fact, the Silver Smash, has turned into rather a "Stirred, rather than Shaken" Silver Market.

    Now I can say " IS That ALL THERE is?"  "THEY", whomever wishes to sell their goods without profit can Run Stops, and push the price of Paper Items lower, but they, in fact, have not changed the silver price.  And what of that?
Well it Awakened the public, to show the naked brazeness  these fellows will go OPENLY to Try to change the outcome or slow it down.

   So every Silver Maple, Silver Eagle, Austrian Harmonic, Aussy Koala, Chinese Silver Panda or Mexican Libertad, in the hands of everyone, is simply a step closer to the day the CRIMEX and other fraudulent mechanism are discarded.

    Could it happen soon enough ?  Of Course Not !!  BUT you must remember that this started 3 years ago with the "TAKE DELIVERY" Movement that first impacted the COMEX and LMBA.  IT has taken its toll, and likely will be the cause of the exposure of the Fraud by both these organizations, IMO.

   Now lets look at what I think is a "Tamper Resistant" kind of chart.  I say
"TAMPER RESISTANT" because I am aware how well interventionist forces can PAINT a chart or graphic.  MONTHLY Charts due to their interval make SUSTAINING the ILLUSIONS created by Painting(cheating) a lot more difficult.

    No doubt this year will be extraordinary as well as so many previous.
Sharpen  your pencil and you will find 4.3 year cycles, then 8.6 year cycles, and 17.2 year cycles and 34.4 year cycles.  Here will see the most common, the 4 +/- Bottom to Bottom or Top to Top cycle.  Purple Ellipse the #1 in this Potential Double Bottom had a Volume Climax in 2012, about equal to
 Ellipse #2 (Black), whilst the price dove far deeper, reflecting the Crimex Back-Stabbing of April 12.  So the volume is  the same but the price spiked down with greater intensity........  This may be the end of this, it may extend the bottoming process into Summer or created an unprecedented TRIPLE Bottom to a 4.3 year Cycle.  What reduces the import of this, is that premiums on the part of Physical Metal Dealers, belie the fact that PAPER price of these SPECIE (Monetary) Metals has been reduced.  IMO, the EXCHANGE VALUE of SPECIE Metal, Coins and other Exchange Medium, has increased in what can be obtained for it. In a consensual exchange, SPECIE holds and increases its value, item for item, because it is far more scarce than plastic or paper money.

    Now lets look at a LONG TERM "Canary in  the Coal Mine" which can sniff out toxic gases.

   A FALLING WEDGE by its Shape, cleans buyers and sellers out of the space occupied by the WEDGE or CONE, and makes resolution Violent when it happens.  This Wedge is about 2 yrs in duration, and could set off a reversal breakout 2 to 4 times greater in length, as sometimes happens as in the  2009 breakout.  It has been ignored by most if not all analysts because it is so Long Term, based on MONTHLY Data.  However, IMO, you may want to take a step back from the edge of the Abyss the $HUI currently occupies, when the WEDGE resolves to the upside.

   These are some of the ideas I am entertaining, exploring and setting up with in PEAK PICKS.  You may wish to sign up, while Jim Sinclair is having his info meetings to avail yourself of this Special that I am opening to my readers.  The sign up is on the sidebar.  Good Luck

CBC Special on "Secret World of Gold" aired tonite and will be repeated

  You may want to watch and comment on it, as it IS drawing interest.

Here is the comments link http://www.cbc.ca/doczone/episode/the-secret-world-of-gold.html#socialcomments

You can go here to find scheduling :  http://www.cbc.ca/doczone/

Right now you can only view it  in Canada, but it will find its way online I bet.

ARE WE THERE YET ? What Have We Here ?

  Lets take a quick look at two landmarks we can use to tell us where we are:

      ALL THINGS CONSIDERED the markings and data on the HUI, Gold Miners SHORT TERM CHART, shows us at a small correcting TOP as of this week, within which we can go back and bounce off the Bottom from the First week in March, according to projections based MACD.  It also is clear that the S1 Pivot, may be part of the area it reverses from. That low would be 337.29
and that S1 Pivot is located nicely positioned @ 338.29, how nice.

    Some of my other BREAK-OUT pointers look at the First Week in April.  Based on an about 3.5 week rally, it would not be surprising to see it take half that time to correct, thus the First Week in April is where I would look fo another rally.

    Now all this means NOTHING, if the LONG TERM is not reversing to the UPSIDE, so lets LOOK:

      This 3.5 year chart, weekly of the $HUI, looking like a LONG TERM BOTTOM   shows it wishing to reverse to the upside, soooo, I am not buying into the short term TOP we saw, as I called buying in the First week in March and that was good.  Now, following the same pattern, I would say a good Long and Short Term buy will come to us in the First week in April.  That said, we will observe and see what, if anything changes..........

Red-Green head fake

As the markets [ DJI & such ] move, the higher they go the more suspect they become, as the volume drops as it should rise.   Above we see what the great numbers of stock are doing, so it loos as if we have already had one head fake in Feb, as the Red-Green line leads.

   Look at the volume, shrinking as the price goes  up, just backwards. WHY?

Typically, stock can be drawn higher futures and options taken on other exchanges to drive them  higher, more easily than could be done buying them outright on the Major Exchanges, teasing them, pushing them, leading them higher in uneconomic transactions, that have the Averages then adjust to the higher futures bids.    So in fashion of Due Diligence,  you ask Qui Bono? or
WHO PROFITS.  I cannot say without qualification but I can say, who can afford uneconomic transactions on a running basis as if they could print money to make good their losses?  Maybe they can if after you strip away all the straw men, stalking horses and intermediaries, it comes up an outfit with an alphabet for a name. Your money, your due diligence.

    Below is a chart a bit more classic in the relationship of volume to price movement which shows us one other thing, the deflation in commodities prices it tracks, is over, and at a bottom....... notice price drops AND volume drops, and the reverse holds true as well.  EVen tho LSC is soft commodities, it is directionally positively in correlation with the $CCI [ Constant Commodity Index][ the one Goldman Sachs re-jiggered the year of the great oil run][this being the Original, the one they changed is $CRB], and Copper, and Silver and the Copper Miner Etf, the Silver Miner ETF and so on.
    Now that the European Central Bank, and the New Zealand Reserve Bank think it OK to make DEPOSITORS pay for bailouts, makes you want to keep your money under the mattress and for sure think twice about LEAVING it in a BANK, other than for a transaction account where the money just visits, never stays, kinda like "Just Visiting" in the Monopoly Game Jail.

    So looking at purchasing power stablity, over time, how does holding something over than paper or bank receipts compare:  20 yrs here, $gold vs prices we pay for "stuff".

    Except for that big ramp in 2011 it looks good for 2.5 yrs, now lets drop to 20 yrs.

   So now from '93 to '09, pretty much a 12 yr picture of relative stability.
Then it ramps due to crazy considerations but  you still got your purchasing power.  It may change and when it does, those who use this route, GOLD, will change their tactics too.

   No point in wondering what we do, sign up for a free month, and see. No downside for you, unlike banks.

WYSIWYG - 30 charts of my Semi-Finalists 3/7

You get to pick the ones you like.   I bet that the 1-2-3 or 4 I pick will have very HOT MACD's so use your best judgement here.  To see them in greater detail with the MACD's embedded in the chart, CONTROL & RIGHT CLICK, and the expanded chart will come up for you

MACD important HERE<   Our 30 Semifinialists for this week.


If you think we are not at a FOUR year Bottom, take a look at the sentiment, btwn Gold & Junk Bonds, below:

I think Sentiment-Wise a very good case can be made for OVERDONE BEARISH SENTIMENT RE: MONETARY METALS.

  Only time will tell if you are your own worse enemy or not.  You don't have to do this alone,  SIGN UP, get a FREE Month, and Objective TA Opinions.
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