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 About 1%
By: Chris Mullen, Gold Seeker Report

Northern Vertex Files Preliminary Economic Assessment Report for the Moss Gold Mine in NW Arizona
By: Northern Vertex Mining Corp.

Does The CoT Structure Prohibit A Rally?
By: Craig Hemke

Harry Dent’s Gold Prediction Invalidated
By: Przemyslaw Radomski, CFA

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea
By: Steve St. Angelo

The Bitcoin Bubble Explained in 4 Charts
By: Jake Weber

VXX Sends an Awesome Message from Another Galaxy
By: Rick Ackerman

Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust
By: GoldCore

Asian Metals Market Update: November-22-2017
By: Chintan Karnani, Insignia Consultants

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

 
Search

GoldSeek Web

 
Did the Market Just Enter Another Crisis?


 -- Published: Monday, 12 September 2016 | Print  | Disqus 

By Graham Summers

 

Friday’s sell-off was the worst day since BREXIT.

 

BREXIT was supposed to be a crisis, but the Central Banks ramped the markets higher to maintain the narrative of their omnipotence.

 

Because no one believed the ramp job, the bulls didn’t want to commit to buying at new all-time highs. But because the Bears got shredded from the manipulation, they were scared to sell.


The end result was a 40-day snooze fest of a market in which stocks went nowhere. This was a 1 in 100 year event.

 

 http://goldseek.com/news/2016/9-12gs/image002.jpg

 

Now that markets have finally broken out of this range, the question is whether another crisis has hit.

 

 http://goldseek.com/news/2016/9-12gs/image004.jpg

 

Thus far the Central Banks have been able to keep a lid on this collapse.  But for weeks they’ve been acting terrified of something.

 

Consider that the Bank of Japan and European Central Bank are both openly discussing helicopter money and other more extreme monetary policies.

 

Why would they be doing this when they are already engaged in a combined QE of $200 BILLION per month? This is the fastest pace of QE since the 2008 Crisis.

 

In the US, we have Fed officials discussing everything from NIRP to cash bans. Bear in mind, this is during a period in which the Fed is supposedly engaging in a tightening cycle.

 

And they were doing this at a time when the markets were at new all-time highs???

 

In simple terms, Central Banks knew something we all didn’t. There was simply no reason to be discussing even MORE extreme policies based on the data nor the stock market.

 

We believe that the reason they are scared is because they know we are entering the End Game for Central Planning. In the last 12 months Central Bank insiders have been revealing in various statements that they know their policies aren’t working.

 

As usual, these statements were made via measured language, but the messages were there: We’re running out of ammo.

 

The market has yet to pick up on this.  But when it does, the REAL Crisis will hit.

 

Best Regards

 

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 


| Digg This Article
 -- Published: Monday, 12 September 2016 | 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 - 2017



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.