Looks like Financial Meltdown, Part II, is starting NOW!

Up until this morning, and for the past several years, whenever gold and silver have gone up, the Dow has typically been going up to.

TREND APPEARS TO BE BREAKING.

This would signal that the astute investor is exiting the bogus securities markets and buying PMs.

Here it goes....

DOW down 72..and sliding as I type.

GOLD up $5.90

SILVER up $.12

DOW down 78!

Here she goes.

Get out while the getting is still good, folks.

BUY PMs!!!

These numbers are meaningless in today's markets. With high-frequency, algorhythm-based computer 'flash' trading, the big boys can push the market wherever they want and create the illusion of bullish or bearish activity at their whim.

When the Dow loses 750-1000 points in a session, and precious metals gain 10-15% in the same timeframe, then it's time to take notice.

^^THIS

'market' has been an illusion, the chart will go whichever way they want

I agree. The divergence is what I am highlighting though.

Where you see the meltdown?

I watch these markets everyday. Nothing unusual in today's numbers or relative up/down trading patterns. Sorry.

It's the bond markets that you should look to for the first signs of a meltdown. That's where it will start.

If you think that the Fed is buying $85B a month in US Treasuries/MBS to keep the US$ afloat, think again. Its closer to double that, as they are soaking up bonds being sold by foreign governments that are trying to divest their holdings away from the US$.

What's a PM?

Precious metal (I think)

Last Edited by Oldmotherhubbard on 10/08/2013 11:45 AM

Actually, when that happens it's to late. You have to be positioned before hand.

DOW: down 94.40 (low of the session)

Silver: up $.07

gold: up $4.80

And I watch these most every day too, and the divergence is new (for the past few years). In the early 2000s, this was common, but the manipulation of the PM markets has had them in tandem for quite some time now, until today.

PMs= Precious Metals, yes.

I am 'positioned', thank you. I've been buying PMs monthly since November 2008.

Ir memory serves, it was around the time of the "flash crash" that they began manipulating the PMs to roughly trace the Dow.

Has been going on (with a few exceptions) ever since.

Also, anyone who watches the DOW at all knows it has been TOTALLY MANIPULATED to avoid sharp intra-day (and sudden/natural/free market) spikes either way ever since the flash crash too.

OP - there's no radical action happening right now. Gold is up 0.33% and silver is up 0.34% as I type.

The Dow is down 88 ...

No meltdown today, - sorry.

You're monitoring indices that are somewhat meaningless in today's economic environment.

If you want to spot disaster looming on the horizon, then keep an eye on the 10-year treasury yield, - and on the dollar index. Any serious fluctuations in either of these will REALLY move the markets for both stocks and precious metals.

Dow: down 111

Gold: up $.70

Silver: up $.07

DOW: down 120

Gold: up $1.70

Silver: up $.06

On any other day in recent times, this type of Dow sell off would be accompanied by a major sell off in PMs.

Well, if you have raw data in 5 minutes interval and a detection system and a trade system going on, one could buy just in time.

DOW: Down 135

Gold: down $1.40 (Trend snapped back)

Silver: unchanged.

Looks like the old rules are snapping back into the fixer's box.

Does this mean the game of 'smoke and mirrors' has changed?

I'm forever amused by those who attempt to read signals in the smoke and mirrors.

Haven't you figured out by now that it's all fake, a house of cards, an illusion, a computer simulation?

If not, it's time to wake up!!

DOW: Down 32 again this morning after a triple digit loss yesterday.

Silver: Down $.40

Gold: Down $16.50

Normal manipulation restored.

I heard David Rockefeller and Nathan Rothschild saw this thread yesterday and sent out orders....lol...

That is only true to an extent. The need confidence to make it all happen... when people loose confidence and decide to pull out, there is little the market-makers can do other than (for a while) hold pricing steady by buying the shares of those running to the sidelines.

THIS is why, when it finally falls, it will fall big time...when the MM decide to withdraw their support, the delta between what an asset is really valued at, and the price the MM were "supporting" will be revealed.

FACT ^^^

Thank you. Glad to see some were noticing my major point about yesterday.

DOW +1

It's amazing GLP predictions are 100% fail. xDD