Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain with Stocks and Dollar
By: Chris Mullen, Gold Seeker Report

Jack Chan's Question: Is This an Exhaustion Gap or a Breakaway Gap?
By: Jack Chan

Ira Epstein's Metals Video 8 14 2018
By: Ira Epstein

Gold: Tactics For The Price Sale
By: Stewart Thomson

A Depressed Economy And A Silver Boom
By: Hubert Moolman

Gold Stocks are not too Oversold yet
By: Jordan Roy-Byrne CMT, MFTA

JULY - SII UPDATE; Mid-Year 2018
By: Gordon T Long

Bullish Data For COMEX Gold
By: Craig Hemke

Weekend Report…Impulse Moves in the Currencies
By: Rambus

Has Inflation Peaked?
By: Arkadiusz Sieron

 
Search

GoldSeek Web

 
I Have a Theory


 -- Published: Wednesday, 8 July 2015 | Print  | Disqus 

In the snippet below you see the price of gold and the Yen/$ overlaid. Please note that $/Yen is typically quoted. This is the inverse so the correlation is easily seen. I went back years and found no deviation of this correlation of note until this past week. Something dramatic happened after the Greek vote.

Someone was forced to sell or someone simply cratered the entire commodity complex, irrespective of $/yen.

 

Here is a chart and respective headlines about the country of origin. Are Western powers trying to crush China? Is it retaliation for what was discovered June 4? China is in panic mode at the moment and whatever bounce occurs here will get sold and sold massively. Could the West be engaging in financial warfare?

It brings me back to last July when this happened. Incidentally, this story simply vanished from the news. Will we ever have concrete evidence of what happened? What I do know happened next is depicted in the chart below.

 

Are differences in geopolitics spilling over into markets in the form of financial warfare? I believe there is a good case for that based on what has happened in the past year. I will also mention that what has happened in the OTC derivative market adds a great deal more credence to that theory. China and Russia have accumulated vast amounts of gold over the past few years.

It is obvious to anyone with a grasp of history that gold and silver are not performing in typical fashion. There are those like Armstrong who claim this is normal but I for one have never seen record demand result in plunging prices. Something is amiss here. Oil should be plunging due to record supply but that is not true for the metals.

The world appears at war, only it is a financial one from the looks of it.

 

It’s a Mystery


| Digg This Article
 -- Published: Wednesday, 8 July 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.