SeptDXWhile gold, silver and mining shares catapulted from overnight and early attempts to manipulate them lower…
The U.S. dollar has lost the psychologically important 80-handle, it lost its 200 day moving average on Friday and its 50 dma today. 


Submitted by PM Fund Manager Dave Kranzler, Investment Research Dynamics

While gold, silver and mining shares catapulted from overnight and early attempts to manipulate them lower…(click on graphs to enlarge):

SeptDX

USDX

The U.S. dollar has lost the psychologically important 80-handle, it lost its 200 day moving average on Friday and its 50 dma today.

All of these are important technical levels.  The most interesting aspect of the graph on the bottom is the accumulation/distribution line.  This shows net dollars flowing either into or out of U.S. dollar futures.  As you can see, the dollar has experienced significant outflows since last July.  The outflows slowed down for a bit in early May but it appears as if the selling is gathering momentum again.

Can’t say I would be an anxious holder of U.S. dollar given our Government’s incompetent handling of its imperialistic affairs, the extreme fraud and corruption that has infested every corner of DC – including the Oval Office  - AND,of course, the declining wealth output as measured by the latest GDP reading.

 

REVOLUTION

    • Thanx for the link, I for one happen to like the lady, those who are quick to judge others, do not yet realize its our own perception of truth which becomes a snake in our path on our journey into Truth, understanding that this path is not found outside of self but within and is a journey found in the present moment of self.
       
      We must understand that Jesus did away with religion or man’s perception of coming to God, which in scripture, is in picture form a serpent.

      The knowledge of God is past finding out which the cross in one of its many facets is a symbol of, which is where you begin to understand the knowledge freely given from the beginning concerning self.

      Those who reason with God become clean which has everything to do with the law, which is symbolic of what our reasoning becomes to us.

    • “We must understand that Jesus did away with religion or man’s perception of coming to God, which in scripture, is in picture form a serpent”
      “The knowledge of God is past finding out which the cross in one of its many facets is a symbol of, which is where you begin to understand the knowledge freely given from the beginning concerning self.”
       
      Look brother, I’m a God fearing man; have been all my life, and I seek God’s wisdom and guidance daily, but I have no idea what complicated ethos your typing out here.  Please do not hammer the financial page with some complicated doctrine definition/interpretation of yours.  My relationship with the “Maker” is quite simple, so are his judgements and expectations of me.  When I read confusing interpretations of what “Jesus” was trying to accomplish it angers me that you could “unknowingly” be steering people away (even if your intentions are good)
      So please, let the SCRIPTURES speak for themselves, DO NOT INTERPRET them… any perceived NEED for interpretation is for each man/woman to do themselves when their soul is ready.

  1. It’s been much lower, so this could still be a ‘bear trap’. On the other hand, a series of similar down-spikes like this, passing 74, with coincident spikes upward in oil … that’s where the SHTF.

    • +1 for PF
       
      70 was the ultimate “line in the sand” for KLUMMAC just a few years ago, however…
      IDK if that matters now, 80 is awfully important and 74 is as good as anything IMO

  2. Hi Guys. Haven’t posted for some time but have been reading SD everyday and continuing to stack every month. Felt compelled to highlight this Caravan to Midnight podcast with V & W as it reinforces a feeling I’ve had for a few weeks now i.e. The bottom of this painful 3 year correction is behind us and the really exciting part is soon to start.
     
    W reckons the NWO codes have been given and the paradigm shift in Silver is soon to arrive. I’ve posted the info to The Doc to see if he’ll included it as one of his headline stories later today.
     
    I agree no one can predict the future silver price in a manipulated market….but insider codes released linked to that very manipulation would be a different story.

     
     

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