Comments on: Golden Jibber Jabber http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/ Financial War Reports Thu, 24 May 2012 08:21:55 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Mike http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52820 Mike Sat, 28 Nov 2009 06:02:06 +0000 http://maxkeiser.com/?p=3852#comment-52820 Controlled freefall to shake out leveraged positions Controlled freefall to shake out leveraged positions

]]> By: buddhabob http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52541 buddhabob Fri, 27 Nov 2009 17:44:51 +0000 http://maxkeiser.com/?p=3852#comment-52541 zero hedge is saying this Doobie thing is a distraction and the exposure to American banks is nil. they are calling it an Asian over-reaction, anyone comment on that? zero hedge is saying this Doobie thing is a distraction and the exposure to American banks is nil. they are calling it an Asian over-reaction, anyone comment on that?

]]> By: buddhabob http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52532 buddhabob Fri, 27 Nov 2009 17:29:34 +0000 http://maxkeiser.com/?p=3852#comment-52532 revised thinking as usual. IF this recovery candle puts in strong and close to the high of the day we might not get another big wave down in Gold which means their fright wig sell terrorism has been stopped in tracks again. Will Gold buyers sell to book short term profits before close or strap themselves to the mast for what is sure to be a windy and rough weekend ride. Monday has been a big expansion open in Gold over the last 3 weeks or so. Will those speculators want to buy before the close to get in on a big play North? Stay tuned. One thing is certain. If buyers start foaming at the mouth and break above 1200 Gold will run on up like a clever fox in the 2nd leg of a horsemen's hunt. revised thinking as usual. IF this recovery candle puts in strong and close to the high of the day we might not get another big wave down in Gold which means their fright wig sell terrorism has been stopped in tracks again.

Will Gold buyers sell to book short term profits before close or strap themselves to the mast for what is sure to be a windy and rough weekend ride. Monday has been a big expansion open in Gold over the last 3 weeks or so. Will those speculators want to buy before the close to get in on a big play North? Stay tuned. One thing is certain. If buyers start foaming at the mouth and break above 1200 Gold will run on up like a clever fox in the 2nd leg of a horsemen’s hunt.

]]> By: Kricke242 http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52495 Kricke242 Fri, 27 Nov 2009 16:20:34 +0000 http://maxkeiser.com/?p=3852#comment-52495 It is the US "forex reserve" in support for dollar at 75. Of course it is not foreign currency or gold in their reserves. But a forex reserve of deflationary news. Released perfectly when the dollar needed some support. This might scare some long future contracts to take profit in cash instead of demanding physical gold. :-) It is the US “forex reserve” in support for dollar at 75. Of course it is not foreign currency or gold in their reserves. But a forex reserve of deflationary news. Released perfectly when the dollar needed some support.
This might scare some long future contracts to take profit in cash instead of demanding physical gold. :-)

]]> By: Jean Carbonneau http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52488 Jean Carbonneau Fri, 27 Nov 2009 16:11:13 +0000 http://maxkeiser.com/?p=3852#comment-52488 As of 11:10 am EST, Gold is at $1180. So much for the bears!! As of 11:10 am EST, Gold is at $1180. So much for the bears!!

]]> By: buddhabob http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52480 buddhabob Fri, 27 Nov 2009 15:54:01 +0000 http://maxkeiser.com/?p=3852#comment-52480 Wave analysis sees another leg down in Gold coming I think to at least the 1120 area unless the bulls really start rutting again. I will be putting limit orders in down there and pulling up the Van with helpers Vin Diesel and Van Dame to cover security for my high volume purchase. This is a big technical impulse wave down which is usually followed by buying part way up say 50% or less of the sell off and then another impulse down. I do not anticipate the impulse down to reach its target at around 1105 since bulls are out roaming now and very hungry, looking for cows, that sort of thing. Wave analysis sees another leg down in Gold coming I think to at least the 1120 area unless the bulls really start rutting again. I will be putting limit orders in down there and pulling up the Van with helpers Vin Diesel and Van Dame to cover security for my high volume purchase.

This is a big technical impulse wave down which is usually followed by buying part way up say 50% or less of the sell off and then another impulse down. I do not anticipate the impulse down to reach its target at around 1105 since bulls are out roaming now and very hungry, looking for cows, that sort of thing.

]]> By: Jean Carbonneau http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52471 Jean Carbonneau Fri, 27 Nov 2009 15:26:03 +0000 http://maxkeiser.com/?p=3852#comment-52471 @Stacey My guess is that it's all the above. My guess again is that they players involved sold out, and parked their cash in dollar denominated assets temporarily. Gold has been overbought, so this is a welcome sign as far as I'm concerned. Also, did you see again the US Mint has suspended the sale of 1oz Golden Eagel Bullion Coins? I believe it's the second time this year. What's up with that??? @Stacey
My guess is that it’s all the above. My guess again is that they players involved sold out, and parked their cash in dollar denominated assets temporarily.
Gold has been overbought, so this is a welcome sign as far as I’m concerned.
Also, did you see again the US Mint has suspended the sale of 1oz Golden Eagel Bullion Coins? I believe it’s the second time this year. What’s up with that???

]]> By: JJames Jimenez http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52449 JJames Jimenez Fri, 27 Nov 2009 14:07:30 +0000 http://maxkeiser.com/?p=3852#comment-52449 See markets fall see gold fall wait for bailouts then buy more gold . See markets fall see gold fall wait for bailouts then buy more gold .

]]> By: Bill http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52448 Bill Fri, 27 Nov 2009 14:05:37 +0000 http://maxkeiser.com/?p=3852#comment-52448 This has the feel of one of those amazing coincidences. http://www.prisonplanet.com/stock-exchange-crippled-as-technical-hitch-halts-trading.html This has the feel of one of those amazing coincidences.

http://www.prisonplanet.com/stock-exchange-crippled-as-technical-hitch-halts-trading.html

]]> By: Fibon11235 http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52444 Fibon11235 Fri, 27 Nov 2009 13:52:19 +0000 http://maxkeiser.com/?p=3852#comment-52444 @stacy There is a matrix in economics that explains what you are saying Goes something like: Most Effort Most Value When its your money purchasing something for you Ie The Saudi Prince example Least Effort Least Value When its someone else's money purchasing for someone else Ie A English MP example banks and taxpayers @stacy
There is a matrix in economics that explains what you are saying

Goes something like:

Most Effort Most Value
When its your money purchasing something for you
Ie The Saudi Prince example

Least Effort Least Value
When its someone else’s money purchasing for someone else
Ie A English MP example banks and taxpayers

]]> By: Fibon11235 http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52441 Fibon11235 Fri, 27 Nov 2009 13:44:12 +0000 http://maxkeiser.com/?p=3852#comment-52441 If China was a house wife shopping at the world mall The shopping basket may look like this? Gold and Silver and other metals Oil Golf Courses Hotels and banks lol Put the Sand Castles back on the shelf lol OK a few more Kilos, we do like gold lol lol Never build on sand for obvious reasons. Looks false somehow this dip, orchestrated even a forced deliberate dip.. If I had more money I would buy. If China was a house wife shopping at the world mall
The shopping basket may look like this?

Gold and Silver and other metals
Oil
Golf Courses
Hotels and banks

lol

Put the Sand Castles back on the shelf lol
OK a few more Kilos, we do like gold lol
lol
Never build on sand for obvious reasons.
Looks false somehow this dip, orchestrated even a forced deliberate dip.. If I had more money I would buy.

]]> By: Bill http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52437 Bill Fri, 27 Nov 2009 13:27:48 +0000 http://maxkeiser.com/?p=3852#comment-52437 Push that beach ball down... Push that beach ball down…

]]> By: stacyherbert http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52425 stacyherbert Fri, 27 Nov 2009 12:29:41 +0000 http://maxkeiser.com/?p=3852#comment-52425 @Aridzonan - Sheikh Khalifa, ruler of Abu Dhabi, will be hastening the demise of Dubai; he is worth trillions and could easily bail out Dubai; perhaps ruler of Dubai has not shown enough humility in requesting help? Or perhaps SK does not feel like bailing out property speculators and Western bankers? It is, afterall, his money and not taxpayers of which there are none. @Aridzonan – Sheikh Khalifa, ruler of Abu Dhabi, will be hastening the demise of Dubai; he is worth trillions and could easily bail out Dubai; perhaps ruler of Dubai has not shown enough humility in requesting help? Or perhaps SK does not feel like bailing out property speculators and Western bankers? It is, afterall, his money and not taxpayers of which there are none.

]]> By: Aridzonan http://maxkeiser.com/2009/11/27/golden-jibber-jabber-10/#comment-52417 Aridzonan Fri, 27 Nov 2009 12:12:12 +0000 http://maxkeiser.com/?p=3852#comment-52417 The fiat dollar franchise will have to be taken down before sanity, equity and justice can re-appear on the world stage. I wonder if any large short positions hastened Dubai's demise?? The fiat dollar franchise will have to be taken down before sanity, equity and justice can re-appear on the world stage. I wonder if any large short positions hastened Dubai’s demise??

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