TODAY IS THE BIG DAY GUYS! TRADERS from all over the WORLD waiting the US employment data! Gold and silver holding key levels!

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I anticipate that we are about to see a major, downward adjustment....Is the market riding confidence? No. An "expert" was pressed this morning on the Squawk Box to reveal his personal investment portfolio....he hedged, and attempted to deflect by explaining what advice he was giving his investors.....the interviewer persisted....finally, the "expert" revealed that 40% of his holdings were CASH !!

I see gold and silver holding really well and trying to go up again.

I may be wrong. IF employement data is weak, a little short squeeze may take place sending gold back to 1600

Pin this!! The big news is the Japanese bond collapse!!

Be interesting seeing what moves the metals pull when the NYMEX opens today.

75% of the time it always pulls big moves, im expecting a smackdown again starting in a few hours.

I think they will keep gold under 1600 and silver under 27 for sure this month.

Fuck it, ill make a prediction.

Gold smackdown with the NYMEX closing at 1540, Silver smackdown with the NYMEX closing at 26.60.

Lets see if im right.

dont worry shelly---- its all fiction anyway----- they will do whatever it takes to keep it going---- although I will say that they are just about there---- and will pull the rug soon enough---- they are still buying their own debt-- so until that stops---- status quo..
besides the real takedown will happen on a Monday morning very early---- watch for the parachutes

US unemployment rate expected to hold steady at 7%, less than half the unemployment rate of the EU.

The number is unlikely to move enough to effect world markets in a major way.

thank you mods for leting me do my job : being your best GlP Veteran Markets Analyst!


This is for the mods:

related and Important thread. Japanese bonds:

[link to www.godlikeproductions.com]

bad NFP report + blow-up japanese bond-bubble = GAME OVER


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Last Edited by Wubbo Ockels on 04/05/2013 04:58 AM

first off-- the unenployment number is FAKE

After the smack down on the Cyprus news I have zero confidence in the short term prospects for gold and silver. Cyprus was precisely the news that should have sent gold up BIG TIME.

hey don´t spoil the party

I am with you punk. but you know, the sheeple go for dollars first. silvertards and goldtards ...we should learn that first.

and as usual the unemployment # will be a bunch of BS...

seeing how they don't include underemployed, people who have just given up on finding employment and have run out of benifits, oh and lets not forget the hugh amount of people who are now on disability....

the unemployment ### are always BS.

Goldman, why are you worry about this if you live in Argentina and like you told you can't buy dollars or gold or silver???

this also will add fuel to the fire:


North Korea has told foreign embassies to consider possibility of evacuation: Xinhua [link to www.forexfactory.com]

Euro will go up.

March Jobs Report Will Be Flat, Full of Excuses

The US is expected to have added fewer jobs in March than in February, and there are plenty of excuses.

North Korea?
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

If the comex price drops , the dealer premiums will just increase. The local goto coin dealer round here , has been selling ASE's for 35 since december . If you buy a whole tube he will cut you a break , if you are a longtime customer. Other than that 35 or piss off.
No one cried when he as only a dollar over spot , now its 8 and change over spot with no drop in sales .

When you see TV commercials saying BUY BUY BUY Gold and SILVER that should have been your clue to SELL SELL.... SELL. That is the same way the housing bubble went down, "invest in housing with no money down" blah blah... Gold and Silver are trending down the fat cats already dumped and switched to cash.

5 minutes --------------- to go or no go

Why pay 8 over spot went you can get em for about $4 over at APMEX or any other large PM trader? They have PLENTY ..bars are even cheaper and around $1.50 over spot....????

If the metals are manipulated and i think they are, they have to keep the prices down.

I was watching the charts live for bltkoin (actual word is filtered) the other night and it is showing clear signs of being manipulated by bot buying to prop it up at certain levels.

It was crashing like fuck, but massive bot buying at bottoms of 110-115 kept kicking in, shit some body sold 4 million USD dollars worth in one go as the crash was happening and it did almost nothing to the price.

Im convinced that it is a capital sponge to keep investment away from gold and silver. When it is time they are going to pull the plug on that shit.