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This rebound could run to the recent high...



Or - Close the 'Gap'...



Which would eerily plot a re-test of the breakoput...



S.

Sahara - That 1st para is impressive - says a hellevu lot in the fewest words possible.

My youngest son was around 5 and his favourite film of the era was the original "transformers movie". If he was colouring or even doing 5yr old maths (and my other son was watching it) - my youngest could whilst doing what he was doing -recite it word perfect, with accents and ...the emotion expressed in the words too.

I think it was Darren Brown - who had a down and out sat in a shopping centre with a begging bowl ...everyone just walked past.
- he then put some innocuous subliminal signage in the shop windows on the approach to the guy.
- nearly everyone gave him money...and from memory one passer by even offered him his trainers.

Amazing what our sub concious picks up. (with kids even more so - they have less already cluttering their sub concious I suppose)

For a time (if I remeber correctly) they slipped single frame subliminal ads in the trailers at the cinema
- when they banned them sales of coke and popcorn dropped significantly.

Looking forward to reading Prof Quigleys 1000 page epic - tragedy and hope
- when amazoon get a used copy over from the US
(new - were listed at.....£2/300 !!)
- been meaning to read it for years.

Many lectures & documentaries will be running in the background whilst I read that one :o)

$26 would be good :o)

Gaz - Very interesting. I have used Derren Brown to explain to others how effective and powerful mind conditioning actually works on the unsuspecting, without their awareness. Usually after they have refuted what I say on the subject of mass programming as ridiculous. You can actually see the penny drop and the sudden awareness (wakefulness) and then a rapid change of subject, rather than debate the fact further.

This attitude that has occurred countless times when I try to engage others to the wider reality has made me realise that there is also the same powerful effective conditioning employed to refute, ignore or sidetrack such an attempt on someone to wake them up. REMARKABLE!!

Yes - $26 is also around the 50% Fib line.

Looks like a 'Bear Flag' on the intraday SLV chart which would be a shame as any weakness here would imply a failed break and a re-test of the lows, currently we have support at the $19.50 line, which I would like to see held.



Look for a pincer action between the Blue 252 average and the uptrend support line.

S.

Time Bomb that would release an event of biblical proportions....


As the amount of Arctic sea ice declines
at an unprecedented rate
4,5
, the thawing of
offshore permafrost releases methane. A
50-gigatonne (Gt) reservoir of methane,
stored in the form of hydrates, exists on the
East Siberian Arctic Shelf. It is likely to be
emitted as the seabed warms, either steadily
over 50 years or suddenly
6
. Higher methane concentrations in the atmosphere will
accelerate global warming and hasten local
changes in the Arctic, speeding up sea-ice
retreat, reducing the reflection of solar
energy and accelerating the melting of the
Greenland ice sheet. The ramifications will
be felt far from the poles...

http://www.nature.com/nature/journal/v499/n7459/pdf/499401a.pdf

Study: Arctic Methane Release Could Cost Economy $60 Trillion

http://www.voanews.com/content/reu-study-indicates-methane-gas-release-could-cost-economy-up-to-60-trillion/1709431.html

Reminds me of words from scripture...

'Then the fourth angel poured out his bowl on the sun, and power was given to him to scorch men with fire. And men were scorched with great heat, and they blasphemed the name of God who has power over these plagues; and they did not repent and give Him glory.' (Revelation 16:8-9)

S.

Sahara - re the methane angle
4 crediblish's (new word there) on BP Horizon job
- attempt to :-
- 1 - rupture the large methane reserve under the gulf sea bed
- dissolve the massive salt dome to the side of the riser (salt layers then run under the gulf coast).
The Louisiana massive and expanding collapsed salt cavern within a 2 mile area housing other salt caverns usedfor storing exiting things like...butane... may be connected to that one
- 2- and of course that's all around the end of the New Madrid fault that runs right up to the great lakes
- 3- last option kill off the livelihoods of the gulf area "bible belt" - and for good measure lather them with corexit
- 4 - Divert/disrupt the gulf stream &/or corexit poison the gulf stream escalator, which after heading towards the pristine arctic waters, heads back way down towards the equator

I suppose a 5th option could be - any and/or all the above

ooor Wullie (Jim Willie) - stated in a recent interview

- heaven and earth were being moved on a daily basis to keep afloat
- Deutsche
- Barclays
- & Citi

Now Max Keier

Max Keiser

Max Keiser‏@maxkeiser24 Jul
Deutsche Bank is a huge German government slush fund (like JP Morgan in U.S.)
- where collapse of Portugal
- is about to trigger global crisis

And a bonus....

Max Keiser ‏@maxkeiser
My Geneva fund contact:
- Deutsche Bank is officially on suicide watch.
DB will be the next ‘Lehman’ moment that triggers new collapse

https://twitter.com/maxkeiser/maxopocalypso

Gaz - phew!!

I suppose it quite fitting for the deeds of man in failing to tend and keep the garden he has been born into will turn out to be his downfall. The Bible makes clear that God is not pleased with man who abuses His creation.

Then the LORD God took the man and put him in the garden of Eden to tend and keep it (Genesis 2:15).

God’s voice thunders in marvelous ways;
he does great things beyond our understanding.
6 He says to the snow, ‘Fall on the earth,’
and to the rain shower, ‘Be a mighty downpour.’
7 So that everyone he has made may know his work,
he stops all people from their labor.[a]
8 The animals take cover;
they remain in their dens.
9 The tempest comes out from its chamber,
the cold from the driving winds.
10 The breath of God produces ice,
and the broad waters become frozen.
11 He loads the clouds with moisture;
he scatters his lightning through them.
12 At his direction they swirl around
over the face of the whole earth
to do whatever he commands them.

13 He brings the clouds to punish people,
or to water his earth and show his love.

Job 37 5-13

S.

A new 'Bull Flag'...



Although we need to bear in mind this scenario still...



S.

Sahara - I hope that wrath is ...selective
- as we share the habitat with TPTB who follow the ...other path/guy
- caught in their crossfire sounds unpleasant.

Re the above comment from Willie & Keiser

- is "this badge" above the article.....a coincidence

A clip from the article is below - and uncannily is - about
- loss/breakdown of ...trust



Hong Kong hedge fund manager... William Kaye

We are reaching an important pivot. As I’m talking to you gold is actually under pressure again, but what’s going on now is the typical gaming that you see which is related to the options expiry. Options expire tomorrow. This weakness is all by design. These guys are extremely devious and very coordinated in the way they manage the price of gold.

The trading action now in gold is meant to discourage people who have re-entered the gold market because of the improved technicals. But despite the ongoing manipulation we have incredibly strong fundamentals, one example being the fact that the lease rates for gold have gone negative and stayed negative for two weeks.

What this means is people are paying a premium
- for physical gold today
- vs - taking a paper promise from the COMEX or a bullion bank for delivery in a week, two weeks, or a month in the future.
- So the fact that people will pay a premium... for delivery of gold today
tells you everything you need to know.

Negative lease rates simply mean that the strains are so great in the system, as it relates to delivery of physical bullion, that banks will pay a premium. This is a bizarre situation.
- What this strongly suggests
- is that the system is breaking down.

It suggests that entities which are in the know, sovereigns and central banks that want to accumulate gold,

- They....... don’t trust.... the system anymore.
- They ...don’t trust..... the paper contracts.

So the paper contracts for future delivery trade at a discount to current delivery.


What the market is saying is,
- ‘We want gold today, we don’t want your paper.
- We don’t want to hear from you JP Morgan and
- we .....don’t trust you.... COMEX.
We want gold and we want it delivered physically today, and if you can’t do that we don’t want to do business with you.’

And this is why...... gold for spot delivery today trades at a premium to the paper for future delivery in a week, a month, two months and three months.

The gold delivery system....... is all based on trust,
- and trust..... is breaking down.

What this means is that the setup for gold is as good as if not better than Nasdaq tech stocks in the early 1990s.”

Gaz - For it will come on all those who live on the face of the whole earth. Be always on the watch, and pray that you may be able to escape all that is about to happen, and that you may be able to stand before the Son of Man.” Luke 21:35-36

Unfortunately most of us are too busy 'watching' ...sports, tv , movies, markets etc.. we have unwittingly become a world of spectators. When Luke tells us to keep 'Watch' with full attention and vigilance, just as a soldier is to keep watch and be alert for any sign of enemy movement.

This may help those who are looking to escape...

http://www.youtube.com/watch?v=UF5XL0md42I

S.

Sahara
- faith and to live by the positive teachings of the bible is a wonderful thing;
&, certainly beats hands down - those that follow the..left..path, and the daily visible evidence of what they get up to,
- and how they view & treat , us, their biblical "neighbour"
- never mind ..what they get up to ..in private.

In tonights boxing bout, the judges combined scorecard
- in the "red corner" out of, central bank, we have fighting at "paper weight"
....Paper Fiat
- marked as heavily losing ..8 rounds.. & only marginally sraping minor positive in just 2 judges opinions - The Australian & New Zealand

In the "green corner" out of, real money, we have fighting at "heavy weight"
....Real Metal

And the clear winner, scoring a 10yr record busting judges score of 177.25 is.....
- Real Metal





I think in the present, upcoming bout, then maybe, based on it's recent undefeated record
- Real Metal

may be - a heavy odds on favourite

Gold/Silver ratio

Over the last decade this chart indicates
- Gold has outperformed Silver when...... precious metals are being... sold off.
But
- Silver is actually ......the better performer.... when the metals ...are rallying.

So Silver ,going forward
(should the precious metals... in fact be turning higher).
- looks as tho' tradionally, based on the the last 10yrs
- Silver should be......the better performer

Gold in Yen terms also seems to be indicating a desire
- to return higher
- within its upward channel





Sahara that one's..... much easier for me to see :o)

It's been a while since I came accross one of these,
- the last time I found it amazing
- as to the... near perfect ....correlation

- between... the US Debt, Limit....and price of gold.

Since I last saw it.....it's definitely gone... off song, as to correlation

If... we rejoined the trend....looks around $2,000 by the end of the year

But I like the look of the previous - off songs spells - as they seem followed by nice....overshoots....as it gets.... back with the band.

Sorry gaz/guys, have been a little busy.
Lots to catch up from having been away and year end to boot. Office is a furnace so not really the most productive grey matter as it's been fried.
Home now, with a cold one, so the world seem a lot better straight away :-)

Catch the Coming Gold Rally

By Nick Hodge | Friday, July 26th, 2013

Earlier this week, we showed you why silver was blatantly being manipulated.

Editor Adam English explained JPMorgan's massive short position, and how they covered almost all of it without the price of silver rising. The crooked bank unloaded the positions using high-frequency trading, flooding the market with thousands of low sell prices in a matter of seconds.

As the market followed those prices lower, the bank's algorithm switched to buy mode — and in an instant bought up contracts at prices it had intentionally manipulated lower... and walked away with a $3.6 billion.

Even today, JPMorgan holds 25% of the silver short market. And records indicate that paper positions outnumber the actual amount of physical silver traded by more than 140 times.

It's not hard, then, to understand why silver prices have headed lower, despite record physical demand...

So has buying precious metals become futile? Hardly.

Consequences

Actions have consequences. Sometimes not immediately, but always eventually.

At its peak, John Paulson's hedge fund owned 31.5 million shares of the SPDR Gold Trust (NYSE: GLD).

Though that position had been trimmed to 21.8 million shares by the end of the first quarter, Paulson — who made the so-called "Greatest Trade Ever" by shorting subprime mortgages in 2006 — has certainly still taken a beating on the yellow metal.

But he's still not deterred, telling investors at a conference this week that:

Although the Fed has printed a lot of money to date, there's very little inflation. People who bought gold in anticipation of inflation have lost their patience. I would say that the rationale for owning gold has not gone away. The consequence of printing money over time will be inflation, it's just difficult to predict when.

He added that the slip toward $1,200 gold is only "a pause period" in the bullish trend, and that, "If you're looking for a hedge against potential inflation in the future and have a longer-term view, gold is an important part of anyone's portfolio."

And while Paulson would not shed light on when he thinks metals will stage their breakout, 58-year market veteran Ron Rosen shed away this week...

$148 Silver, $4,300 Gold?

Speaking to King World News this week, Rosen said:

We are on the verge of the biggest move in the history of the precious metals market, and it's not far away from beginning. It's going to be a monster move....

What I don't understand is why everybody doesn't see it. There are so many analysts out there and if they just knew how to look at a monthly chart, and put it in a logarithmic form, they would see that gold and silver are going to explode.

This explosion higher in the price of gold and silver will just be Mother Nature at work, and there is nothing on the face of this Earth that can stop it — no individual, no central bank, no country, and no collection of countries.

And the timing?

We are looking at a massive move in front of us that will top sometime in 2014. At that point there will be a correction. Then, a massive blowoff will take us probably into early 2016. People who have been tortured by this long corrective phase, they will be thrilled if they have the ability to hang on. They just need patience here.

I expect the gold price to hit $4,300 in early 2016, but the really fascinating thing here is the silver chart because there have been three peaks. The first peak increased two times from the previous low. The low was $4.01 and silver went over $8 in that move. The second peak was $21.44. So silver increased four times the previous low, which was $5.45. The third peak was $49.82, and that was six times the previous low, which was $8.40.

You've got an old guy like me who has been at this business for almost six decades, and he sees 2, 4, 6. There's only one number that comes up next, 8. We then multiply 8 times the low of $18.17, and we have a silver price of over $148 sometime in early 2016. It's as clear to me as the sun rising and setting.

Of course, as go gold and silver prices, so go the miners.

And with so many companies right on the cusp of their break-even points, I expect will see more than a handful of bankruptcies in the junior mining space over the next few months.

Those that make it through will make it big.

Rosen thinks miners are going to be the best-performing stock group going forward, adding that the Gold Bugs Index (NYSE: HUI), which is currently trading around 252, "will be trading in the thousands before this bull market is finished."

Speaks for itself
- the red line
- denotes - the ratio of silver eagle sales -vs- gold eagles

The 'Bear Flag' has played out as indicated, and this blue support line needs to hold so a bounce from here please otherwise a retest of the lows and maybe new lows?/...



S.