This "argentus maximus" character has a lot of interesting things to say: http://www.tfmetalsreport.com/forum/4460/setup-big-trade I've put this thread on my watch list. The timing would also align with what Jim Sinclair's been saying recently. Some other recent headlines of interest, indicating that a big market "event" might be brewing: Billionaires Dumping Stocks, Economist Knows Why Schmidt to sell nearly half his Google stake Sign of a financial Armageddon?
I personally think we are all in for some very unpleasent news....... The whole show is about to take a different road to what was originally expected..... The U.S are playing with some very big sticks at moment.
If that happens which I very much doubt all production will stop. In this crazy market where there are no longer a pricing mechanism of any value anything, is possible. Those low's would be very unlikely and I think we are more likely to see $2000 than $1200.
The bankers must love the Chinese, who are backing up their oil tankers... I've always liked the Chinese mind you. Between them and the Muslims they will eradicate the earth from the scurge of western welfare governments lol Never thought i'd wish that on my own civilization, but it's nothing like it used to be... Its like a once-healthy body that's now riddled with cancer - best to kill it off altogether - lest it infect the rest of humanity!!
And if you want to understand what Keith Weiner is trying to describe and why repatriating Australia's gold reserves is so important, then you have to read Antal Fekete and his theories on the Gold Basis and the significance of backwardation. Here is perhaps his most succinct description of his theory. This is taken from his most recent published article. You can find an archive of all his articles on his web site http://www.professorfekete.com.
Silver at $USD 26.50 will be the key. I'll be a buyer of low premium silver at that level and then wait and see where it goes after that. Gold on the other hand, $1550 would be is line in the sand, a drop below that and its next move is who knows where.
I think I know where you're coming from, but would you really want to live under the Chinese regime? Humans rights are non-existent. Be a good citizen and conform to government rules or be crushed like an ant. Last night I watched a documentary on Ai Weiwei. It was quite an eye-opener.
Do some checking on Falung Gong https://en.wikipedia.org/wiki/Falun_Gong and see how the Chinese government treat the practitioners An incredibly shameful period of Chinese history which has been unfolding for years.
The tf metals report is great and argentus is very much like jim Sinclair in his view. There is definately some price action occuring in the p.m. markets. It is amazing the similarities of the current market price action to the 1979 market. I would also tend to think gold is looking short term bearish until possibly march - april. It is either a good buying opportunity or the start of a better one before the take off
