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Author Topic: So, The Stock Market is going up, as Gold is going up too. What does this mean?  (Read 1061 times)
Guns Equal Freedom
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« on: September 22, 2010, 01:50:51 PM »

The Country should have taken The Recession in 2008 before The Bailouts, wow.

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citizenx
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« Reply #1 on: September 22, 2010, 06:55:46 PM »

Wouldn't read too much into market "going up" just yet:

http://forum.prisonplanet.com/index.php?topic=183284.0

Dow down 21 pts from around 10,755.

Dow is still within range (9,700 to 11,200 approx.) within which it has been fluctuating since last Nov.  BTW, median of that range is right around 10,450.  The DOW has fluctuated up and down no more than 7% since Oct./Nov. 2009.  Recovery since June 2009?

Gold has gone up more than 20% since last Oct. steadily.
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citizenx
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« Reply #2 on: September 22, 2010, 07:09:32 PM »


One year chart for gold (COMEX)
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jshowell
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« Reply #3 on: September 22, 2010, 07:10:26 PM »

Wall st. isn't done raping us yet?
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citizenx
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« Reply #4 on: September 22, 2010, 07:16:34 PM »


One year chart for Dow.
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citizenx
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« Reply #5 on: September 22, 2010, 07:24:16 PM »

This relative chart makes the real situation more apparent:
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agentbluescreen
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« Reply #6 on: September 22, 2010, 07:45:47 PM »

It means they have abandoned loosing their shirts stomping out gold with their remaining fiat paper and are instead concentrating on creating a "last blast" equity bubble to cash out on.

This reads more and more like "yes we have no bananas"
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larsonstdoc
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« Reply #7 on: September 23, 2010, 05:35:59 AM »




  Bob Chapman is saying they can't keep gold down any more and the only way they have been lately is with paper gold.
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citizenx
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« Reply #8 on: September 23, 2010, 05:41:55 AM »

Spot price is 1296$+ already.

Futures already have gold at 1300 this year.

Doubtless it will hit it soon and push on through.
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shy69iskrazy
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« Reply #9 on: September 24, 2010, 10:18:10 AM »

The short answer is...(drumroll)
Permanent Open Market Operations!
***
This morning they injected only $3.9 billion into the stock market and it was the third time this week alone that the Fed did this action.  They sell t bills to business and they buy stock w it. 

Gold is going up bc of inflation (more money supply).  I hth!
 
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citizenx
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« Reply #10 on: September 24, 2010, 03:50:41 PM »

Well, there has to be some sort of manipulation going on.  Market up 1.8 and gold closed at 1296.

I'm willing to buy that answer.
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birther truther tenther
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« Reply #11 on: September 24, 2010, 03:52:21 PM »

Bob Chapman claimed that silver will hit $30/troy oz in the next several weeks.
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