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Showing posts from October, 2012

MF: The Cartel And Hedgies Are (Naked) Short Paper Metals, But Long Physical

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MF: The Cartel And Hedgies Are (Naked) Short Paper Metals, But Long Physical WP: Naked shorting explained

BBC VIDEO: Mitt Romney: Obama has 'no agenda' for second term

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BBC VIDEO: Mitt Romney: Obama has 'no agenda' for second term

Reuters: FSA should have halted RBS's ABN Amro deal in ’07 financial/ housing crisis- MPs

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Reuters: FSA should have halted RBS's ABN Amro deal in ’07 financial/ housing crisis- MPs

Reuters: Gold Fields set to fire 11,000 still on strike in S.Africa

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Reuters: Gold Fields set to fire 11,000 still on strike in S.Africa

Reuters: Lonmin S. Africa mine production disrupted as 4000 workers stay away

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Reuters: Lonmin S. Africa mine production disrupted as 4000 workers stay away

Bloomberg VIDEO: O'Byrne: Gold Price to Reach $2500 Silver $50/60 an Ounce; Fiscal Cliff, Fiat Currencies

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Bloomberg VIDEO: O'Byrne: Gold Price to Reach $2500 Silver $50/60 an Ounce; Fiscal Cliff, Fiat Currencies

Bloomberg: Gold & Silver Futures Rise on Investment Demand as Dollar Drops

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Bloomberg: Gold & Silver Rise on Investment Demand as Dollar Drops

Bloomberg: Gold, Silver Rebound on Investment Demand as Dollar Drops

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Bloomberg: Gold, Silver Rebound on Investment Demand as Dollar Drops

Bloomberg: New York Federal Reserve Target of successful FBI Bomb Plot Sting

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Bloomberg: New York Federal Reserve Target of successful FBI Bomb Plot Sting

Bloomberg VIDEO: CFTC Bart Chilton Cheetahs aka HFT’s should be registered tested & subject to penalties for flash crashes

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Bloomberg VIDEO : CFTC Bart Chilton Cheetahs aka HFT’s should be registered tested & subject to penalties for flash crashes

Reuters: Gold & Silver move higher, US inflation rises as dollar drops

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Reuters: Gold & Silver move higher, US inflation rises as dollar drops

Reuters: Even with anaemic economic growth, poor performance UK bankers still expect a bonus for 2012

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Reuters: Even with anaemic economic growth, poor performance UK bankers still expect a bonus for 2012

Reuters: Apple manufacturer Foxconn uses child labor in China

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Reuters: Apple manufacturer Foxconn uses child labor in China

Reuters: Obama facing heavy pressure in debate rematch with Romney; Race Deadlocked

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Reuters: Obama facing heavy pressure in debate rematch with Romney; Race Deadlocked

Reuters: Gasoline demand drops from High Prices

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Reuters: Gasoline demand drops from High Prices

Reuters: Magnitude 4.5 earthquake strikes Maine, felt in Boston

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Reuters: Magnitude 4.5 earthquake strikes Maine, felt in Boston

Reuters: US & Allied Intelligence agencies repeatedly warned the White House before Benghazi attack

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Reuters: US & Allied Intelligence agencies repeatedly warned the White House before Benghazi attack

Reuters VIDEO: 3D Antarctic map to chart impact of climate change - Decoder

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Reuters VIDEO: 3D Antarctic map to chart impact of climate change - Decoder

Empire: USD Gold Silver Short Term/ Long Term Tech Read 10.16.12

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For those of you keen to or know. Precious Metals prices came down today after having essentially seen uninterrupted gains over the past few months since June. Ultimately (from what the research & charts show) this was down to technical selling based on stop losses being hit. For those of you unfamiliar with this its when a trade is placed & a determined level based on a percentage of risk the person placing the trade is willing to take in the interest of seeing the markets go higher. If the level/s get hit to the downside the position is immediately cut out of the market. If enough of them happen then a dip is usually the result like we've seen today. It was said somewhere that the USD is supposedly gaining in strength, the reality again based on the charts & the fact that  QE3/Infinity   (Click to view)  or the open ended/ no limit round of QE the US Fed reserve has embarked on which is also said to outlast Ben Bernanke's stay in office, says otherwise.

Bloomberg: South African Mining Strikes Having Significant Impact on production, Significant Supply shortages expected

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Bloomberg: South African Mining Strikes Having Significant Impact on production, Significant Supply shortages expected

Bloomberg: S. African National Union of Mineworkers reject Gold Mines Pay plan

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Bloomberg: S. African National Union of Mineworkers reject Gold Mines Pay plan

Bloomberg: Bank of America’s Moynihan: $3billion in Cuts as Loan Market Profitability Sputters

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Bloomberg: Bank of America’s Moynihan: $3billion in Cuts as Loan Market Sputters

Bloomberg: Morgan Stanley E-Mails Show Doubts in Doomed Rhinebridge Subprime Mortgage Backed Security Vehicle

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Bloomberg: Morgan Stanley E-Mails Show Doubts in Doomed Rhinebridge Subprime Mortgage Backed Security Vehicle

Bloomberg: Coast Guard Says Sheen Near Macondo Matches 2010 BP Deepwater Horizon Spill

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Bloomberg: Coast Guard Says Sheen Near Macondo Matches 2010 BP Deepwater Horizon Spill

Bloomberg: Power Debt Revamp to Spur $6 Billion Expansion: Corporate IndiaBloomberg: Power Debt Revamp to Spur $6 Billion Expansion: Corporate India

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Bloomberg: Power Debt Revamp to Spur $6 Billion Expansion: Corporate India

Bloomberg: Dubai Losing Billions as Insecure Expats Send Money Abroad

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Bloomberg: Dubai Losing Billions as Insecure Expats Send Money Abroad

Bloomberg: Dubia Spyware Leaves Trail to Beaten Activist Through Microsoft Flaw

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Bloomberg: Dubia Spyware Leaves Trail to Beaten Activist Through Microsoft Flaw

Bloomberg: Dollar Drops from Highs Versus Major Peers on EU

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Bloomberg: Dollar Drops from Highs Versus Major Peers on EU

Bloomberg: Republicans Challenge State Department Over Benghazi US Embassy Attack

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Bloomberg: Republicans Challenge State Department Over Benghazi US Embassy Attack

Bloomberg: U.S. Mortgage Fraud Initiative Included cases Prior to Obama taking office

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Bloomberg: U.S. Mortgage Fraud Initiative Included cases Prior to Obama taking office

Bloomberg: State-by-State: Bloomberg’s data destination for unemployment & economic health of the U.S. : PA CO FL MI NC NV All above 8% Unemployed

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Bloomberg: State-by-State: Bloomberg’s data destination for unemployment & economic health of the U.S. : PA CO FL MI NC NV All above 8% Unemployed

Bloomberg: Global Policy Makers Bemoan US Currency Debasement creating Instabilities

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Bloomberg: Global Policy Makers Bemoan US Currency Debasement creating Instabilities

Bloomberg: Novelis to More Than Triple Aluminium Recycling on Car Demand

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Bloomberg: Novelis to More Than Triple Aluminium Recycling on Car Demand

Bloomberg: Fruit contaminated with Listeria Monocytogenes Sickens Millions5 FDA oversight blamed

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Bloomberg: Fruit contaminated with Listeria Monocytogenes Sickens Millions: FDA oversight blamed

Bloomberg: Solyndra Bankruptcy Plan Has Objections From IRS on Tax Dodging Attempt

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Bloomberg: Solyndra Bankruptcy Plan Has Objections From IRS on Tax Dodging Attempt

Bloomberg: California Gasoline Price Drops as Refiners Switch

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Bloomberg: California Gasoline Price Drops as Refiners Switch

Bloomberg: Turkey Confiscates Cargo on Syria-Bound Passenger Plane Containing Munitions

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Bloomberg: Turkey Confiscates Cargo on Syria-Bound Passenger Plane Containing Munitions

Reuters: NYC Fed Authorities seized $31 million in 9 US Money Laundering Bank Accounts from Peruvian drug clan; Bank of America, Wells Fargo, JP Morgan

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Reuters: NYC Fed  Authorities seized $31 million in 9 US Money Laundering Bank Accounts from Peruvian drug clan; Bank of America, Wells Fargo, JP Morgan

Reuters: JPMorgan ordered to pay $18 million Fine in Trust mismanagement case

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Reuters: JPMorgan ordered to pay $18 million Fine in Trust mismanagement case

Reuters VIDEO: How China’s Hauwei/ ZTE can Spy on Unsuspecting Users

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Reuters VIDEO: How China’s Hauwei/ ZTE can Spy on Unsuspecting Users

Bloomberg VIDEO: Global Currency Debasement to Boost Gold & Silver Prices, ‘Robert Cohen of Dynamic Gold’

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Bloomberg VIDEO: Global Currency Debasement to Boost Gold & Silver Prices, ‘Robert Cohen of Dynamic Gold’

Bloomberg: South African Rand Slumps as Mining & Transportation Strike Labor Unrest Spreads; Expected to get worse

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Bloomberg: South African Rand Slumps as Mining & Transportation Strike Labor Unrest Spreads; Expected to get worse

Bloomberg: Ghana’s Gold Sparks Clash With Violent Illegal Chinese Miners

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Bloomberg: Ghana’s Gold Sparks Clash With Violent Illegal Chinese Miners

Bloomberg: Kweku Adoboli Exposed UBS to $12 Billion Risk, UBS Official Says

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Bloomberg: Kweku Adoboli Exposed UBS to $12 Billion Risk, UBS Official Says

Bloomberg: U.K. Third-Quarter GDP Jumps the Most in 5 Years

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Bloomberg: U.K. Third-Quarter GDP Jumps the Most in 5 Years

Bloomberg: U.S. Charges 530 people for Mortgage Foreclosure Schemes costing victims $1 Billion in Losses

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Bloomberg: U.S. Charges 530 people for Mortgage Foreclosure Schemes costing victims $1 Billion in Losses

Bloomberg VIDEO: U.S. Files Mortgage Loan Fraud Suit Against Wells Fargo

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Bloomberg VIDEO : U.S. Files Mortgage Loan Fraud Suit Against Wells Fargo

Bloomberg: South African Rand Slumps as Precious Metals Mining & Transportation Labor Unrest Spreads; Expected to get worse

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Bloomberg: South African Rand Slumps as Precious Metals Mining & Transportation Labor Unrest Spreads; Expected to get worse

Bloomberg: Julius Baer is acquiring assets to compete with rivals UBS AG & Credit Suisse Group; as a crackdown on tax evasion pushes customers to repatriate funds from Swiss offshore accounts

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Bloomberg: Julius Baer is acquiring assets to compete with rivals UBS AG & Credit Suisse Group; as a crackdown on tax evasion pushes customers to repatriate funds from Swiss offshore accounts