Wednesday, September 16, 2009

DOLLAR PLUNGING, EURO TURNS DOWN...CAN GOLD MOVE HIGHER TONIGHT?

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

ANOTHER NEW HIGH


GOLD NEEDS TO PULL BACK MORE ON PROFIT TAKING TO FIND MORE BUYERS

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR HEADS LOWER

THE PULL BACK

AND AGAIN

A NEW HIGH

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

WILL GOLD CONTINUE HIGHER?

GOLD RETRACES BACK UP 75%, NOW BACK DOWN

GOLD GETTING PUSHE LOWER BY THE BULLION BANKS FOR THE GUV'MINT, BUT BUYERS ARE HANGING STRONG


Gold is in a battle with those who would love to keep on stealing
the wealth of the world through the guv'mint crime of inflating the money supply.

The populace is finally getting the message that guv'mint is NOT there to benefit
the citizens, but to shear us like the sheep we have become.

It's time for citizens to grow some big balls and become BULLS for gold.

A LARGER VIEW

GOLD SLIPS BELOW THE BLUE UPTREND CHANNEL BUT STAYS WITHIN THE WHITE DOWNTREND CHANNEL THAT WILL RESOLVE UP

GOLD TRADING ACTIVELY AT THIS LEVEL BUT NOT MOVING HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

2:15 PM PDST AFTERNOON GOLD CLOSE AND EVENING GOLD OPENIGN

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR SLIPS LOWER

ALL MARKETS ARE SUPPORTIVE OF GOLD MOVING HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD BREAKS HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD RETRACES 75% BUT CONTINUES TRADING WITHIN THE WHITE DOWNTREND CHANNEL WHICH RESOLVES UP

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD ABOUT READY TO BREAK HIGHER


GOLD MAY MOVE HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

Monthly net TIC flows were negative $97.5 billion.

TREASURY INTERNATIONAL CAPITAL DATA FOR JULY
September 16, 2009TG-288
TREASURY INTERNATIONAL CAPITAL DATA FOR JULY
WASHINGTON – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for July 2009. The next release, which will report on data for August 2009, is scheduled for October 16, 2009.
Net foreign purchases of long-term securities were $15.3 billion.
Net foreign purchases of long-term U.S. securities were $44.0 billion. Of this, net purchases by private foreign investors were $32.1 billion, and net purchases by foreign official institutions were $12.0 billion.
U.S. residents purchased a net $28.8 billion of long-term foreign securities.
Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been negative $7.4 billion.
Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities decreased $4.5 billion. Foreign holdings of Treasury bills increased $14.4 billion.
Banks' own net dollar-denominated liabilities to foreign residents decreased $85.7 billion.
Monthly net TIC flows were negative $97.5 billion. Of this, net foreign private flows were negative $131.3 billion, and net foreign official flows were $33.8 billion.

GOOD BOUNCE OFF THE LOW BUT RALLY STALLS, SHOULD PULL BACK TO RETEST THE LOW AS USUAL BEFORE THE REAL RALLY




GOLD NOT THROUGH FALLING JUST YET


GOLD FALLING ON STRONG VOLUME, GOOD BUY IN POINT SOON

STOCK, OIL TURN BACK UP, GOLD FALLS MORE


ALL MARKETS MOVING LOWER, MAY PULL GOLD DOWN


Bonds falling steeply, stocks sell off on the opening
Euro moving down

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


dollar slips lower

GOLD GETS CAPPED AT 1022.30 AND PULLS BACK, MAY GO MUCH LOWER AFTER NOT FOLLOWING THROUGH ON THE RALLY


Euro pulling back, but stocks, oil up strongly, bonds and yen
down all good for gold. gold may yet go higher but is pulling
back at the moment. May suddenly turn back up. A big
gamble at this level. Much better to wait for a big pull back
below 1016.00 to buy in

GOLD BREAKS HIGHER ABOVE THE 75% POINT BUT VOLUME WEAKENS AT THE TOP


EURO RISING FAST, OIL FALLING, GOLD KEEPS TRYING TO RISE BUT ISN'T MAKING ANY HEADWAY


GOLD BEING HELD DOWN AT 1020.50, MAY FALL AS LONGS GET TIRED OF WAITING FOR IT TO RISE


EURO ROSE OKAY, DOLLAR SLIPPED BACK A LITTLE,
BUT THE OTHER MARKETS AREN'T SHOWING ANY
SUPPORT FOR GOLD RIGHT NOW. IT SHOULD TAKE
A PULL BACK BEFORE A GOOD RALLY CAN START

GOLD READY TO FALL AS SHORT KEEP IT FROM RISING, LONG WILL BAIL OUT


GOLD MAY GET PUSHED DOWN HERE ONLY TO RALLY BACK UP WELL LIKE YESTERDAY


gold finding difficulty moving higher, so may move lower
suddenly. I will buy the bottom of any big drop

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR UP A LITTLE, MAY DEPRESS GOLD

REACTION TO THE CPI REPORT



JUST BEFORE THE CRIMEX OPEN


GOLD SLIPPING AHEAD OF THE CRIMEX OPEN


As you have seen repeatedly, we could have a sudden rally
here which would be immediately sold off, or we might
have gold sold off on the open to shake the longs out before
it rallies right back up, CPI Report on the half hour might
move the market some