Market Sentiment shifting

Best news I seen today, Macquarie Research says Gold should be over $2,000, but it is not because the US economy is seen as much stronger than the dire straits of 2011

And since the US economy is a big bluff, I call and double down on GOld

Interesting read at Zero Hedge on Deutsch Bank failing to deliver physical gold
www.zerohedge.com/news/2016-09-02/deutsc...lution-will-be-found

From Zero hedge this morning. Big bankers see something on the horizon and it is not pretty

According to the Ny Fed, in the seven months ended July 2016, there were a total of 87 tons of gold withdrawals, 25% more than the 69 tons withdrawn in the same period in 2015, and 60% more than the 55 tons withdrawn in 2014. As of July 31, the NY Fed held 5,807 tons of gold in custody, well below the 6,606 "old normal" that was parked at the Fed until withdrawals started in early 2007.

Just as remarkable, since the current round of monthly withdraws from the NY Fed started in February of 2014, there has been a total of 388 tons of gold redeemed by foreign central bank holders over a span of 30 months, which is just 20 tons shy of the previous burst of withdrawals which started in March of 2007, with the emergence of the subprime crisis, and culminating in November 2008 with the bailout of AIG.

lynsa love that chart

I think this is why Fed hyping interest rate hike at Jackson hole desperate to paint the chart, If the $$ dropped to 93 and hit 92, probably take a big plunge

Gold stocks are still very cheap

This is one of the best explanations on the difference and relation of Gold and paper currencies I have read, by James Turk. Feel free to post in $$Lounge.

“Money is gold, and nothing else.” JP Morgan

wealth.goldmoney.com/research/goldmoney-...-mean?gmrefcode=gata

Checkout playstocks chart of the day, Gold poised to break to upside
www.playstocks.net/index.php/market-trends/chart-of-the-day

Yes, some very good points and simple

Interesting article by Grandich Gold Bull Market has only just begun

One key point is the break above $1,000 and then after the $1900 top a retest of $1000 area is very bullish
www.petergrandich.com/gold-the-mother-of...has-only-just-begun/

US$ breaks 95 this AM and Gold up $14. As a newby going to try and load chart here on U$ index

Testing , one gold stock I've been following is Aton Resources gold in Egypt. It seems to be getting some interest

Some great comments here. I think we will see some more consolidation before Gold goes higher, like we seen in April to June in the $1200s.

Those waiting for a good correction will probably not get one for a while yet, Near tern traders are watching 95 support on the US$ index