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Helmut B
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Precious Metals Life Cycle is Nears an End - Final Stage of Denial

- Chris Vermeulen - GoldandOilGuy

Nomally I appriciate the features from Mr. Vermeulen but for me now it seems he is wrong! He believes in charts and technical analysis but the old free market no longer exists! The power of bankers and hedge fond managers dominates the markets. In the long run they will not be succesful but remember the communist system in russia! This death system runs for 70 years!

What does this mean for the current precious markets? I guess, technical analysis isn´t death but not very helpful at the moment because everything is, can and will be manipulated by this strong hands out of its back rooms! They have thrown in 20 billion $ in the market at one day, in a late friday evening in April and this broke the gold bugs the neck! This can happen again but also its opposite can happen each day. Therefor, be prepared, own Gold & Silver and wait as long as the buyers come back again! Than the shorties will be grilled!

Remember: The shorties can use naked shorts but they can not print precious metals!

Regards from Germany
Helmut Bernemann

Commented 4124 days ago

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Beginning of the headline :The life cycle of most things not matter what it is (living, product, service, ideas etc...) go through four stages and the stock market is no different. Those who recently gave in and bought gold, silver, mining stocks, coins will be enter this stage of the market in complete denial. They still think this is a pullback and a recover should be just around the corner. Well the good news is a recovery bounce should be nearing, but if technical analysis, market sentiment and the stages th... Read More

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