Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Gold and Silver Stuck Inside of the CME with the COMEX Blues Again

Commodities / Gold and Silver 2014 Sep 08, 2014 - 10:57 AM GMT

By: Dr_Jeff_Lewis

Commodities Precious metals prices remain range-bound over the short-term after a devastating three year run.

From a technical standpoint, it doesn't look great; we are stuck in this limbo of tightly controlled price limbo while the world continues to melt apart for the 99.9%.


COMEX positioning for the big banks and speculators has not changed that much over the last few months.

JPM's short remains at around 50 days of world production.

In fact, these spec longs who have been hanging in throughout may be the reason we've remained range bound over the last couple of options expirations - like the one this week.

Prices are not going to move up from here until the paper pushers who control prices via the exchanges find a way to profit from it.

Regulatory capture happened long, long ago.

The Painted Tape

Now we even know that central banks intervene directly. Yes, most people get it. Everything is manipulated. But the precious metals are manipulated more so.

And the blind spot for most is that these metals still hold monetary status. Let them trade freely, and you will see what I mean immediately.

The problem is one that forms the foundation of this massive monetary debacle: belief.

If the mainstream financially educated can't figure out that something like jobs or inflation data are nothing but figments from a mad professor's imagination, how can we expect them to grapple with the concept that gold and silver are still basically money?

They choose to believe the madness, and therefore the mechanism will go on until it breaks.

Any public push toward regulation, taxation or confiscation would simply flame the fire faster than Walmart sells out of ammo each time gun control is mentioned by the authorities.

Take a 10 minute look the through the GATA archives if you want to understand how they get away with manipulating prices 24/7.

Pull up any archive article from Ted Butler, if you want to know fundamental mechanism for how they rig the game from the COMEX pits.

Check in with Nanex if you need to learn more about the HFT scourge that enables the powerful to pilfer the innocent on a daily basis.

Speaking of Nanex, check out the latest revelation they uncovered.

Central banks are being incentivized by the CME to directly intervene. Now they don't need the big bad bullion banks as their patsies.

They can just do it themselves.

This is a reflection of far detached we've become.

Some say, "So what?" If it's so predictable, it's game-able. The market is bigger than any of this ultimately so (in the meantime) make the best of it.

Most chose not to “go there” because it would be bad for the brand.

Enough money and time you can trade the illusion and call it the market if you want.

But the other side.  There is a dark shadow cast. To get there requires intervention.

The highest form is interest rates; which, in effect, supports the bond market. Markets that have a physical asset, one that is liquid and capable of widespread ownership and recognition.

Another day, another conspiracy fact, another nail in the coffin of faith in a broken monetary system where "profits" will disappear just as fast the 0's and 1's with which they are created can travel across the collocated internet connections.

We end up with this grand illusion of reality that does nothing - except fuel an ultimately disastrous complacency.

Until this great vacuum of hope, faith, and belief is replaced with hard, cold reality.

It will probably happen so fast that most people will not even notice that the metals have taken off for the stratosphere.

For more articles like this, and/or for a breath of fresh silver market reality amidst the stench of denial and technically meaningless short term price obsessed madness, check out http://www.silver-coin-investor.com

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com

    Copyright © 2014 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Dr. Jeff Lewis Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in