$1,200 tonight the day before EXPIRY?
 

Re: $1,200 tonight the day before EXPIRY?
 

Gold $1913 by December 23rd Close :sleepy13:

Re: $1,200 tonight the day before EXPIRY?
 

09 Buffalo Proofs $1460 this week? UHRs?

So what happens if the shorts can't deliver real metal?

Re: $1,200 tonight the day before EXPIRY?
 

Tonight? My logical side says no but the part of me that daydreams says maybe it could happen.

Re: $1,200 tonight the day before EXPIRY?
 

http://www.gold-eagle.com/intra-daykit.html

Read the article that DUCK posted.

They will bribe the folks demanding delivery with 125% of the contract price like they did last month. Some IDiots took it!

There will be a default. That's really bad for the shorts.

"If'in you SELL what is'in yours,

you have to buy it back or go to PRISON!":signs1:

Re: $1,200 tonight the day before EXPIRY?
 

From your lips to God's ears.

:23_30_104:

ST

Re: $1,200 tonight the day before EXPIRY?
 

Re: $1,200 tonight the day before EXPIRY?
 

Can you just imagine the looks on their faces if we busted $1200 tonight. They can't be getting much sleep tonight :36_1_25:

Re: $1,200 tonight the day before EXPIRY?
 

Normal type EXPIRY weeks are HIT weeks Instead of $1120.00 around the week ago last MONDAY close it should have been around $1090.00 to $1070;for the FIDAY LAST close.

Instead it was $1151.00 I was shocked - this was a SEA CHANGE somebody BIG was BUYING.

Now tonight IT IS HITTING $1165.00 that a lot higher than the $1090.00 to $1070.00 LITTLE me was expecting because that's the way the BOYZ do business on EXPIRY weeks. For that was what HAPPENED; the way IT USED to be monthly for YEARS!

Imagine instead of the $1070 price you have to PAY say, $1190 an ounce for HUNDREDS and MILLIONS of ounces.

The BOYZ that play along (they just make personal bets following along with INSIDE info) with their BANKSTERS (big BANKS) with their own funds have to dig real deep tomorrow they will. There goes their BILLION dollar salaries.

The Asian PUT is not letting them get RID of those ILLEGAL naked shorts that BUTLER mentions that the CRIMEX winks at in silver and gold.

Now go figure where those Tungsten BARS might have the greatest chance to be....

THINK stock FUNDS run by the banks.... like GLD

If I had a stock fund today I would wonder how much tungsten I owned... per the writers today who think the majority of those pictures are GOLD 1% bars.

Try to ANALYSE them - ANALYZE THIS... (the gold movie comedy!)

Re: $1,200 tonight the day before EXPIRY?
 

The 96 Year Commemoration of Federal Reserve Monetary Usurpation.

Re: $1,200 tonight the day before EXPIRY?
 

Re: $1,200 tonight the day before EXPIRY?
 

[QUOTE=HistoryStudent;2039815]
They will bribe the folks demanding delivery with 125% of the contract price like they did last month.
[QUOTE]

Looks like a new kind of carry trade - buy a Comex contract, then sell it for an profit, plus a profit.

R.

Re: $1,200 tonight the day before EXPIRY?
 

So are they going to slam it before Comex closes? Are they able?

Re: $1,200 tonight the day before EXPIRY?
 

You guys are too confident this will happen - so don't be surprised when it does not happen!

Re: $1,200 tonight the day before EXPIRY?
 

Rally back up over $1170 after Comex close 1:30, my guess.

Re: $1,200 tonight the day before EXPIRY?
 

Amazing times. Looks like the MAIN STREET of Wall Streeters are starting to load on with the Chinese too.

That Paulsen fellow with 250 million in his personal gold buy; not to mention 100s of other folks grabbing the physical.

I was really surprised they did not hit gold to $1050 while instead it hit $1165 today - HELL of a change.

A SEA CHANGE for Phase II when the rich protect themselves....

Re: $1,200 tonight the day before EXPIRY?
 

G-Khan,

Guardedly (optimistically) hopeful? Perhaps.

Confident? Sadly, no.

One would think just the laws of large numbers would eventually throw us a bone, but when the game is rigged, the wheel has to come all the way off.


ST

Re: $1,200 tonight the day before EXPIRY?
 

GOLD IN THE LIMELIGHT

Mary Anne & Pamela Aden
November 23, 2009
www.adenforecast.com

Gold is soaring, hitting new record highs almost daily. This C rise is going strong. Our initial $1200 target level for this year's rise has nearly been reached, but gold could go higher.

This is good news for all of us who have been invested in gold for the past eight years. But even for those of you who invested in more recent times, gold has been a good and profitable investment.

We feel strongly that this will continue in the months and years ahead. And there are many valid reasons why.

Most important, the unprecedented monetary policy currently in force is inflationary. The same is true of the weak U.S. dollar, negative interest rates, rising oil and commodities. Gold buying by central banks is also boosting the gold price higher.

Even though gold is still relatively unknown in mainstream investment circles, it's starting to attract some attention. As this interest grows, momentum buying will pick up and the Exchange Traded Funds are another big positive, simply because they make it easy to buy gold. The improving economy is another positive factor.

SOME CALM AFTER THE STORM

Yes, there are problems�. serious problems. But that doesn't mean the world is going to fall apart next month or next year.

Pessimists are always going to paint the worst case scenario. Optimists will forever present the best case scenario. The reality is usually somewhere in between. But the markets and the facts always tell the story and that's what we try to focus on. So what are they currently telling us?

First, despite all that's happening, it's important to put things into perspective� and looking back, the overall situation was a lot worse last year compared to how it is now.

Remember, the entire financial world was on the verge of collapse last year as one huge company after another failed, or came close to it. Economies worldwide were dropping and so were all of the global stock markets. Fear and panic were rampant, and with reason. The crisis wiped out a greater chunk of household wealth than during the Great Depression. No one knew what to do�

Now fast forward to today�

For starters, nearly every economy in the world is growing, some obviously more than others. But the point is, they're all up. Stocks around the globe have also been rising this year and confidence is returning.

In the U.S., for instance, the economy grew 3�% in the third quarter. The leading economic indicator has been up for seven consecutive months and stocks, which lead the economy, have been rising for eight months. Manufacturing is on the mend, along with other important economic signs, all showing that the recession ended in June and the economy is now on its way up, albeit slowly.

In other countries, growth has been far more robust. In China, for example, the economy is growing at a 9% rate. So Korea is growing at the fastest pace in seven years. India is going strong, the same is true in most of Asia, Brazil, and to a lesser extent, Europe is improving too.

2009: Great Gains

So far, based on 18 of the world's major stock markets, the gains this year have ranged between 11% and 92%. The average has been 31%. So even though the Dow Industrials is only up about 14%, the global stock markets are all telling us that ongoing growth lies ahead.

Since the markets look to the future, if that were not the case, these markets would be falling, not rising.

Okay, but what about commodities? The CRB commodity index has gained 24% this year. More impressive, copper has soared 101% and it's known as the global economic market barometer.

Oil has also surged. It's gained 75%. Very simply, if these two key commodities were not in big demand due to improving world economies, they wouldn't be rising the way they are. Instead, they too would be falling.

The main point is� these are not signs of recession and they're certainly not signaling a depression. In fact, they're telling us that deflation is not currently a concern.

On the contrary, these rising prices are more indicative of inflation downstream.

That's especially true considering the weak dollar.

HOLD GOLD

Again and very simply, in a healthy economy annual deficits shouldn't be more than 3% of GDP. Once this percentage exceeds 5-6%, the currency of the country involved historically falls sharply.

Currently, this percentage has soared to about 10% in the U.S. and unfortunately, that pretty much puts the nails in the dollar's coffin. This alone will propel gold much higher.




These are the key reasons why we continue to recommend buying and holding gold. Whatever the ultimate, longer-term outcome, it's pretty clear that the situation is going to intensify and as it does, gold is going to be the main beneficiary and its bull market will endure well into the years ahead. That's been the case for thousands of years during times of economic uncertainty and gross imbalances, and it's now happening again.

Note that gold rose 56% and 58%, respectively, in the last two C rises (see Chart). So far, gold has risen 32% in the current C rise. Plus, its leading indicator still has room to rise further before it reaches the temporarily "too high" area. Since this rise is powerful, the gains this time around could be similar to those in 2006 and 2008. And if they are, gold could continue up to near the $1350 level before this C rise is over.

We'll be watching closely but for now, hold on to all of your metals related investments. Silver and gold shares are also surging, and so are most of the other metals. Silver is at a new 16 month high and it too is approaching our first target area. Gold and silver will both remain super strong above $1070 and $17.20.



--

Mary Anne & Pamela Aden are well known analysts and editors of The Aden Forecast, a market newsletter providing specific forecasts and recommendations on gold, stocks, interest rates and the other major markets. For more information, go to www.adenforecast.com

Re: $1,200 tonight the day before EXPIRY?