Chart usGOLD   Chart usSILVER  
 
Food for thought
The best thing about the future is that is comes one day at a time
Abraham Lincoln  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1283.880.27
Silver 19.33-0.11
Platinum 1395.80-3.70
Palladium 781.80-1.45
WORLD MARKETS
DOWJONES 16502-12
NASDAQ 4127-34
NIKKEI 14405-141
ASX 551613
CAC 40 449140
DAX 960561
HUI 2275
XAU 932
CURRENCIES (€)
AUS $ 1.4895
CAN $ 1.5241
US $ 1.3823
GBP (£) 0.8232
Sw Fr 1.2203
YEN 141.4610
CURRENCIES ($)
AUS $ 1.0778
CAN $ 1.1025
Euro 0.7235
GBP (£) 0.5956
Sw Fr 0.8828
YEN 102.3370
RATIOS & INDEXES
Gold / Silver66.42
Gold / Oil12.63
Dowjones / Gold12.85
COMMODITIES
Copper 3.080.03
WTI Oil 101.620.18
Nat. Gas 4.780.03
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Trading the Fear & Greed Gold Price Parameters
Published : February 26th, 2013
260 words - Reading time : 0 - 1 minutes
( 1 vote, 4/5 ) Print article
 
    Comments    
Tweet

Determining the ups 'n downs of the precious metals has been an adventure to nowhere for all of us. Understanding the algorithms of the banksters has been a futile exercise without a whistleblower. We know they concentrate their heavy paper trade dumps between 7AM -11AM when the LBMA is active. Certainly no one dumps 50,000+ contracts at the slowest time of the daily trading in hopes of a profit! Physical spot prices are derived from paper trading, this we know. There will always be speculators, independents and hedgers in there. In a normal free market trading without manipulation and price suppressions that would be wonderful. But, that's not the way it is.

So, let's take a glimpse of the extreme divergences of the Gold price from its WEEKLY 50-week Mov. Avg. Quite simple actually; a chart a neophyte can comprehend.

The "Fear" (capitulation) extreme was in late 2008 when gold's price went 17% below its 50wma.  Gold had never dipped below its WMA since that occasion...ever. I suppose a technician could draw a support line beneath -1%, -6%, and -5%. But, that's not the intention of this presentation. The "Greed" (enthusiasm) peaks have been 28%, 11% and 7% since 2011.

We have tried to represent the emotional reactions of buyers/sellers in graphic form as to what human actions may be in the crystal ball for the future.

We don't know. But factor in all your fundamentals along with more paper confetti money from the Fed, and go from there.

Naturally, where gold goeth, silver followeth.

 

Click image for larger view


 

Tweet
Rate :Average note :4 (1 vote)View Top rated
Previous article by
Charleston Voice
All articles by
Charleston Voice
Next article by
Charleston Voice
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
MOST READ
TOP RATED
MOST COMMENTED
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Charleston Voice

All the stuff you don't want to know about, but should. And, when you do know, you realize that for the present you are powerless to change it This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to the author with 'SUBSCRIBE' in the subject line.
Charleston Voice ArchiveWebsite
Most recent articles by Charleston Voice
4/20/2014
4/17/2014
4/16/2014
4/14/2014
4/11/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer