http://www.ritholtz.com/blog/2012/01...in-a-qe-world/
All world currencies in a death march.
Plus rememberHarvey Organ blog)
If gold and silver hold up on Monday, this will be the first time in a decade that these metals were not smashed prior to or right after options expiry. For many years the bankers modus operandi was to raid these precious metals prior to options expiry as they wanted to preserve as much physical as possible. They would knock the paper price of metal below the level where many options were written whether puts or calls. For the past several months, the bankers new ploy was to attack right after options expiry but before first day notice to inflict pain on those who exercised. The plan was to prevent the longs from putting up the entire contract price. If Monday holds up this will be a massive defeat to our bankers as many options were suddenly "in the money" and many will stand for metal. I will report on the progress of these longs for you once the delivery month of February commences for gold, and the non delivery options expiry month of February for silver.
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Jim Sinclair says that the BIG corporations are waking up TOO. Plus the institutional investors.
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If the supply of worldwide money goes UP the demand for Gold will follow that lead - kinda like a dance. ~ HS
Let's twist again like we did this decade ~ HS






Harvey Organ blog)

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