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ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! | |
| Anonymous Coward User ID: 33676911  United States07/25/2013 05:01 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 33676911 United States07/25/2013 05:01 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! The time is now fast approaching when all debt will be defaulted on. In our perverse monetary system, one party's debt is another's "money." A debtor's default will impact the creditor (who is usually also a debtor to yet other creditors), causing him to default, and so on. When this begins in earnest, it will wipe out the banking system and thus everyone's "money." The paper currencies will not survive this. We are seeing the early edges of it now in the euro, and it's anyone's guess when it will happen in Japan, though it seems long overdue already. Last of all, it will come to the USA. |
| Anonymous Coward (OP) User ID: 33676911 United States07/25/2013 05:02 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Why Gold Backwardation Is Important Could backwardation happen with gold? Gold is not in shortage. One just has to measure abundance using the right metric. If you look at the inventories divided by annual mine production, the World Gold Council estimates this number to be around 80 years. In all other commodities (except silver), inventories represent a few months of production. Other commodities can even have "gluts," which usually lead to a price collapse. As an aside, this fact makes gold good for money. The price of gold does not decline, no matter how much of the stuff is produced. Production will certainly not lead to a "glut" in the gold market pulling prices downward. |
| Anonymous Coward (OP) User ID: 33676911 United States07/25/2013 05:08 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! A key support of these theories is the backwardation in gold – the spot price is higher than the near future contract. That's unusual. It could normally be resolved by selling spot gold and buying the cheaper future one month out. Thus, in a month, you would reap an apparent locked-in, riskless profit. Yet no one seems to be doing it. Is there doubt that there is gold in storage that will be deliverable in a month? So, the theorists assume. Read more: [link to www.businessinsider.com] |
Drunk Uncle  User ID: 33731653 United States07/25/2013 05:10 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 33676911 United States07/25/2013 05:20 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 34497986 United States07/25/2013 05:26 PM Report Abusive Post Report Copyright Violation | |
| Cudilicious User ID: 44009973  Germany07/25/2013 05:32 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up!  Jesus is Lord! Thread: The most important question... First Contact/Aliens Thread: Nephilim: True Story of Satan and his Fallen Angels. Archeological and Biblical evidence suppressed!! Thread: For Christians with a strong stomach... Thread: Mark Of The BEAST = Islam, One World Religion Thread: Concrete Evidence! Vatican Wrote Koran! Thread: Mecca in Mystery Babylon! Tons of proofs -------- Thread: ASSASSINATIONS OF (WALL STREET/WORLDWIDE?) BANKERS GOING DOWN - HIT TEAMS FULLY OPERATIONAL -------- [link to rikijo.blogspot.de] |
| Cudilicious User ID: 44009973 Germany07/25/2013 05:40 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Jesus is Lord! Thread: The most important question... First Contact/Aliens Thread: Nephilim: True Story of Satan and his Fallen Angels. Archeological and Biblical evidence suppressed!! Thread: For Christians with a strong stomach... Thread: Mark Of The BEAST = Islam, One World Religion Thread: Concrete Evidence! Vatican Wrote Koran! Thread: Mecca in Mystery Babylon! Tons of proofs -------- Thread: ASSASSINATIONS OF (WALL STREET/WORLDWIDE?) BANKERS GOING DOWN - HIT TEAMS FULLY OPERATIONAL -------- [link to rikijo.blogspot.de] |
| Useless Cookie Eater User ID: 29696048 United States07/25/2013 06:19 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Defining Backwardation Quoting: Gonviral First, letS introduce a key concept. Most traders define "backwardation" for a commodity as when the price of a futures contract is lower than the price of the same good in the spot market. In every market, there are always two prices for a good: the bid and the ask. To sell a good, one must take the bid. And likewise, to buy the good, one must pay the ask. In backwardation, one can sell a physical good for cash and simultaneously buy a futures contract, and make a profit on the arbitrage. Note that in doing this trade, one's position does not change in the end. One begins with a certain amount of the good and ends (upon maturity of the contract) with that same amount of the good. Backwardation is when the bid in the spot market is greater than the ask in the futures market. [link to www.caseyresearch.com] Backwardation is a retarded name for NON-EQUALIBRIUM  ...and it doesn't matter WHAT is being traded....everything reaches equilibrium via arbitrage trading. There can never be permanent non-equalibrium. There are trading desks that do nothing except arbitrage trading. The authors conclusion is a pile of crap.  For those not versed in trading..... Think of arbitrage trading as two bodies of water....one is higher than the other....one lower. When the two are connected, they balance out. This is the essence of what arbitrageurs do....and why the author has his head up his ass about gold. There NEVER can be permanent NON-EQUALIBRIUM (backwardation) The markets will suck it up as fast as it comes into existence.  Last Edited by Useless Cookie Eater on 07/25/2013 08:09 PM |
| Scubadiverbambi1 User ID: 1212638 United States07/25/2013 06:44 PM  Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Defining Backwardation Quoting: Gonviral First, letS introduce a key concept. Most traders define "backwardation" for a commodity as when the price of a futures contract is lower than the price of the same good in the spot market. In every market, there are always two prices for a good: the bid and the ask. To sell a good, one must take the bid. And likewise, to buy the good, one must pay the ask. In backwardation, one can sell a physical good for cash and simultaneously buy a futures contract, and make a profit on the arbitrage. Note that in doing this trade, one's position does not change in the end. One begins with a certain amount of the good and ends (upon maturity of the contract) with that same amount of the good. Backwardation is when the bid in the spot market is greater than the ask in the futures market. [link to www.caseyresearch.com] Backwardation is a retarded name for NON-EQUALIBRIUM ...and it doesn't matter WHAT is being traded....everything reaches equilibrium via arbitrage trading. The can never be permanent non-equalibrium. There are trading desks that do nothing except arbitrage trading. The authors conclusion is a pile of crap. For those not versed in trading..... Think of arbitrage trading as two bodies of water....one is higher than the other....one lower. When the two are connected, they balance out. This is the essence of what arbitrageurs do....and why the author has his head up his ass about gold. There NEVER can be permanent NON-EQUALIBRIUM (backwardation) The markets will suck it up as fast as it comes into existence. Apparently you have never heard of Louisiana.  Life's a Beach, then you Dive! |
| Anonymous Coward User ID: 44027006  United Kingdom07/25/2013 06:48 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Gold SHOULD never be in backwardation due to the high stock-to-flow ratio: The owners would theoretically arbitrage to get more free gold. Why the owners refuse to arbitrage is the key: faith in the paper market. That is the only reason. BTW, if the paper market collapses, we could see $10,000 / oz easily. |
| Useless Cookie Eater User ID: 29696048 United States07/25/2013 06:55 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Defining Backwardation Quoting: Gonviral First, letS introduce a key concept. Most traders define "backwardation" for a commodity as when the price of a futures contract is lower than the price of the same good in the spot market. In every market, there are always two prices for a good: the bid and the ask. To sell a good, one must take the bid. And likewise, to buy the good, one must pay the ask. In backwardation, one can sell a physical good for cash and simultaneously buy a futures contract, and make a profit on the arbitrage. Note that in doing this trade, one's position does not change in the end. One begins with a certain amount of the good and ends (upon maturity of the contract) with that same amount of the good. Backwardation is when the bid in the spot market is greater than the ask in the futures market. [link to www.caseyresearch.com] Backwardation is a retarded name for NON-EQUALIBRIUM ...and it doesn't matter WHAT is being traded....everything reaches equilibrium via arbitrage trading. There can never be permanent non-equalibrium. There are trading desks that do nothing except arbitrage trading. The authors conclusion is a pile of crap. For those not versed in trading..... Think of arbitrage trading as two bodies of water....one is higher than the other....one lower. When the two are connected, they balance out. This is the essence of what arbitrageurs do....and why the author has his head up his ass about gold. There NEVER can be permanent NON-EQUALIBRIUM (backwardation) The markets will suck it up as fast as it comes into existence. Apparently you have never heard of Louisiana. Go on?  ...because right now I see no relevance to arbitrage. . Last Edited by Useless Cookie Eater on 07/25/2013 08:09 PM |
| Anonymous Coward User ID: 31263808 United States07/25/2013 07:01 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark. |
| Useless Cookie Eater User ID: 29696048 United States07/25/2013 07:06 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark. Buy the overall market until Bernanke stops printing or begins to taper. As soon as he does...the markets will go in a tailspin. As for gold....they are manipulating it just like the market. For now....stick with what you have. HOLD. When the markets go to hell....gold will rise again despite the government manipulation. Last Edited by Useless Cookie Eater on 07/25/2013 07:06 PM |
| Anonymous Coward User ID: 10762423  Portugal07/25/2013 07:22 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark  checkthis out....[link to usawatchdog.com] [link to usawatchdog.com] - Bix Weir of ... |
| Useless Cookie Eater User ID: 29696048 United States07/25/2013 07:24 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark checkthis out....[link to usawatchdog.com] [link to usawatchdog.com] - Bix Weir of ... The only way there can be a wipeout of all debts is if the world economy totally collapses....and the Dollar as well. Bix Weir --------------->  Last Edited by Useless Cookie Eater on 07/25/2013 07:25 PM |
| Anonymous Coward User ID: 10762423 Portugal07/25/2013 07:26 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark. [link to www.youtube.com] |
| Anonymous Coward User ID: 10762423 Portugal07/25/2013 07:28 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark checkthis out....[link to usawatchdog.com] [link to usawatchdog.com] - Bix Weir of ... The only way there can be a wipeout of all debts is if the world economy totally collapses....and the Dollar as well. Ü Bix Weir ---------------> :kookbird:  |
| Useless Cookie Eater User ID: 29696048 United States07/25/2013 07:32 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark checkthis out....[link to usawatchdog.com] [link to usawatchdog.com] - Bix Weir of ... The only way there can be a wipeout of all debts is if the world economy totally collapses....and the Dollar as well. Ü Bix Weir ---------------> OK...then DOOOO tell... oh great wise one how a TOTAL DEBT WIPEOUT could occur without a monetary collapse. Love to hear it.  Last Edited by Useless Cookie Eater on 07/25/2013 07:32 PM |
| Anonymous Coward User ID: 44023737 United States07/25/2013 07:33 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark checkthis out....[link to usawatchdog.com] [link to usawatchdog.com] - Bix Weir of ... The only way there can be a wipeout of all debts is if the world economy totally collapses....and the Dollar as well. so we take our money out of the bank BEFORE the end of summer and do what with it? |
| Anonymous Coward User ID: 31263808 United States07/25/2013 07:52 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark. Buy the overall market until Bernanke stops printing or begins to taper. As soon as he does...the markets will go in a tailspin. As for gold....they are manipulating it just like the market. For now....stick with what you have. HOLD. When the markets go to hell....gold will rise again despite the government manipulation. Thank you. And what about cash in the banks? Get it out? |
| Useless Cookie Eater User ID: 29696048 United States07/25/2013 07:59 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark. Buy the overall market until Bernanke stops printing or begins to taper. As soon as he does...the markets will go in a tailspin. As for gold....they are manipulating it just like the market. For now....stick with what you have. HOLD. When the markets go to hell....gold will rise again despite the government manipulation. Thank you. And what about cash in the banks? Get it out? You won't lose it in the bank anytime soon....but you aren't making any money on it either. Keep enough for your checkbook and bill paying....that's it. The rest you should put into something where you get decent return. The bank gives you like a 1/2 percent a year...at best...in a standard account. When / if the USA dollar ever is about to collapse....you will have plenty of time to do something before the sheep who don't pay attention catch on. As for what I would do with any extra cash? Put it into the market...but be cautious and trade it. Don't just dump it and leave it. The buy and hold days are LONG dead. Might as well ride the Bernanke wave until it hits the beach.  Last Edited by Useless Cookie Eater on 07/25/2013 08:01 PM |
| Sikhed User ID: 39435009 United States07/25/2013 08:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 31263808 United States07/25/2013 08:33 PM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Could someone please say what EXACTLY the average person might be able to do? Quoting: Anonymous Coward 31263808 Buy gold? Don't buy gold? Sell gold? What? Here's the problem: The actions in the market are counter-intuitive to what everyone believes ought to be happening. Ergo, there is manipulation. A few know something that the many do not. Unless and until we find out what that something is, we are just suckers, bumping around in the dark. Buy the overall market until Bernanke stops printing or begins to taper. As soon as he does...the markets will go in a tailspin. As for gold....they are manipulating it just like the market. For now....stick with what you have. HOLD. When the markets go to hell....gold will rise again despite the government manipulation. Thank you. And what about cash in the banks? Get it out? You won't lose it in the bank anytime soon....but you aren't making any money on it either. Keep enough for your checkbook and bill paying....that's it. The rest you should put into something where you get decent return. The bank gives you like a 1/2 percent a year...at best...in a standard account. When / if the USA dollar ever is about to collapse....you will have plenty of time to do something before the sheep who don't pay attention catch on. As for what I would do with any extra cash? Put it into the market...but be cautious and trade it. Don't just dump it and leave it. The buy and hold days are LONG dead. Might as well ride the Bernanke wave until it hits the beach. :bmoney: thanks for your thoughts. |
| Sikhed User ID: 39435009 United States07/26/2013 12:03 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 33676911 United States07/26/2013 01:10 AM Report Abusive Post Report Copyright Violation | |
| Cudilicious User ID: 29210809 Germany07/26/2013 03:51 AM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Jesus is Lord! Thread: The most important question... First Contact/Aliens Thread: Nephilim: True Story of Satan and his Fallen Angels. Archeological and Biblical evidence suppressed!! Thread: For Christians with a strong stomach... Thread: Mark Of The BEAST = Islam, One World Religion Thread: Concrete Evidence! Vatican Wrote Koran! Thread: Mecca in Mystery Babylon! Tons of proofs -------- Thread: ASSASSINATIONS OF (WALL STREET/WORLDWIDE?) BANKERS GOING DOWN - HIT TEAMS FULLY OPERATIONAL -------- [link to rikijo.blogspot.de] |
| Scubadiverbambi1 User ID: 12285283 United States07/26/2013 08:02 AM Report Abusive Post Report Copyright Violation | Re: ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up! Defining Backwardation Quoting: Gonviral First, letS introduce a key concept. Most traders define "backwardation" for a commodity as when the price of a futures contract is lower than the price of the same good in the spot market. In every market, there are always two prices for a good: the bid and the ask. To sell a good, one must take the bid. And likewise, to buy the good, one must pay the ask. In backwardation, one can sell a physical good for cash and simultaneously buy a futures contract, and make a profit on the arbitrage. Note that in doing this trade, one's position does not change in the end. One begins with a certain amount of the good and ends (upon maturity of the contract) with that same amount of the good. Backwardation is when the bid in the spot market is greater than the ask in the futures market. [link to www.caseyresearch.com] Backwardation is a retarded name for NON-EQUALIBRIUM ...and it doesn't matter WHAT is being traded....everything reaches equilibrium via arbitrage trading. There can never be permanent non-equalibrium. There are trading desks that do nothing except arbitrage trading. The authors conclusion is a pile of crap. For those not versed in trading..... Think of arbitrage trading as two bodies of water....one is higher than the other....one lower. When the two are connected, they balance out. This is the essence of what arbitrageurs do....and why the author has his head up his ass about gold. There NEVER can be permanent NON-EQUALIBRIUM (backwardation) The markets will suck it up as fast as it comes into existence. Apparently you have never heard of Louisiana. Go on? ...because right now I see no relevance to arbitrage. . Its your analogy bucko - its faulty!  Life's a Beach, then you Dive! |
| Anonymous Coward (OP) User ID: 33676911 United States07/26/2013 10:05 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 9903039 United States07/26/2013 12:03 PM Report Abusive Post Report Copyright Violation | |
