The Club!

Ahahaha. I was right up to the point on everything, on how he will scale once hike will be near doors.

One of his points trough many podcasts before:
-even if FED does hike, this 0.25% hike will last for short time and they will emidently cut back
:Updated on his last podcast: FED cant just hike 0.25 and then scale back few months after, its too dangerous (contradicts himself 100%)

-There is no way FED can hike rates
:Updated - if FED was to hike rates December is quite and the most likely month

-People will know i am right as FED wont hike rates not even for 0.25%
:Updated- even if FED hikes it doesnt mean i am wrong, it means FED needs to normalize to 2%, cut back QE, bring economy to full growth, then they can call me wrong (ye how about all those investors in your company that cannot just stand by theory and take direct cut on their porfolio from Gold/interest rate relationship and US stock/bond market. Typical Wall street guy).

-2006-2015 FED needs to hike rates to get economy in recesion and cure it
:Updated - FED is stupid for hiking it will just push economy back or into bigger recesion (trololololo)

I just listen to his podcasts for entertinament, altough have to point out he is correct on many things.

But dont wory he has just extended his session by not being able to call him wrong, becouse now his mandate goes for another several years until the all added points can be proven right or wrong.

Sold EU additionally, along with loaded DDs.

http://www.zerohedge.com/news/2015-1...ables-refugees

Said it before, population will need to take time to find that BTC is better escape asset than gold is. Some already know it, and PA for sure does reflect it every single time. In 21st century gold only overcowers BTC if things go to red push button on ICBM. If any of those refuges had BTC acc there would be 0 chances for goverment to confescate them. The only reason why i advertised anyone from buying and holdings of gold withing its country is/was: confescation. And for the mirror of Denmark, Greece and Cyprus it was very right reason. And i mean by all means, they can do it at large scale of EU if needed, it was done before in US. BTC on other hand.....

Anyone long USD?

just watch today ...

be surprised by this huge event...
It is not in my plans.

Turkish MP faces treason charges after telling RT ISIS used Turkey for transiting sarin

so far the 1070 hold.....

Presenting Saxo Bank's 10 "Outrageous Predictions" For 2016

Conspiracy theorists ‘prove’ Vladimir Putin is actually immortal

Holding one, targeting pre-ECB levels. Either that or BE.

http://www.zerohedge.com/news/2015-1...atlantic-ocean

You know how is this called? Its called paradise for Somalian pirates.

Took 50% of on 100 pips. The rest set to 250 pip TP.

Planet-X ... new information :


https://www.google.co.uk/search?q=pl...HYZVBtoQsQQIOw

http://beforeitsnews.com/space/2015/...x-2494884.html

http://www.fatima.org/thirdsecret/fulda.asp




NOTE:
2012 is about Mayan not about Planet-X ... it's a different thing.

Today Gold is testing bottom with very high volume ..

Said it before forget about gold long with FED hikes, and we are much lower already (250 pips). Its only beginning. Unless you are day trader i would suggest against buying physical if you are in US or perhaps even outside till next 2 years. USD afterall does have large impact on overall gold price. No matter how much rate hike of 1 or 2% was priced in for FX, gold industry has by no means acumolated to it, would be foolish to assume so. Hedges are usually passed year by year only, same as for oil or other resource industry, dont count on asumptions of austrian economists becouse they are way of realistic scale. Gold industry will scale down, so will the hedges, so will demand increase along with shortage of supply, but paper markets will add tons multiply to that to naked shorts, the result is only one way for short term price.

full panic mode:

Crude 6% bulls
Heating Oil 8% bulls
NatGas 5% bulls

Gold 8%

USDCAD 6%

EURUSD 16%

In First Post-Hike Reverse Repo, Fed Removes $105Bn Liquidity From 49 Banks

All Of The World’s Money And Markets In One Visualization

Be careful with those statements, especially when betting and relying heavily on them:


another myth busted:

Gold & The Federal Funds Rate


Nearly everytime someone talked about some correlation plays I was quick in pointing out that those work until they do not.

How many times had we heard that Gold is a very good diversification play, that Gold would shine when stock markets etc. are in deep trouble. Robert Prechter once wrote a nice book about Gold, pointing out with countless examples, that this was simply a myth.


Above cited piece is from Zerohedge.

Snippet:


It seems logical enough: gold has no yield, so if competing investment assets such as bonds or savings deposits do offer a yield, gold will presumably be exchanged for those. There is only a slight problem with this idea. The simple assumption “Fed rate hikes equal a falling gold price” is not supported by even a shred of empirical evidence. On the contrary, all that is revealed by the empirical record in this context is that there seems to be absolutely no discernible correlation between gold and FF rate. If anything, gold and the FF rate exhibit a positive correlation rather more frequently than a negative one!


Here is the graph you can play with:

https://research.stlouisfed.org/fred2/graph/?g=2WIY


Another snippet I do like very much, because it is a hit towards the FA

The way markets – and the economy for that matter – appear to be analyzed most of the time is as follows: a ruler is applied to the most recent tred in the data, so as to be able to extrapolate a target. Then stuff is made up to provide “reasons” for the forecast. This is quite an easy exercise, because at any given time, statistical data can be used to support just about any forecast.
This is why one first needs a correct theory – theory will help to constrain one’s forecasts (certain things are simply not possible) and can be used to properly interpret historical data. The data are practically useless by themselves. Naturally even a reasonably good grasp of theory will by no means ensure that one will be able to make a correct forecast – especially not in terms of timing. Considerable uncertainties will attend any attempt at prediction.
However, we can be absolutely certain that 99% of mainstream financial and economic analysts will fail to correctly forecast turning points in prevailing trends. The analysts quoted by Bloomberg will never tell us when the trend is going to change.
Once the trend has changed, they will however begin to “explain” the new trend to us at some point and forecast its continuation – after it has been underway for about three years. In the case of gold it may take a bit longer – last time they realized it was in an uptrend, the trend was about to celebrate its 10th birthday
Obviously, things are not as simple as these analysts are making them out to be.


That is the perfect explanation for the COT data, showing, that, most of the time, the Large Speculators are fully wrong on the turning points