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

GoldSeek.com Radio: Peter Grandich, Harry S. Dent Jr. and CTO Gab Rigo, and your host Chris Waltzek
By: radio.GoldSeek.com

Technical Scoop - Weekend Update Oct 22
By: David Chapman

Gold Market Update
By: Clive Maund

"Great Rotation" Ahead; Will it Be Inflationary or Deflationary?
By: Gary Tanashian

Time for Caution in Gold Miners
By: Jordan Roy-Byrne CMT, MFTA

Bearishness Still Sells, But The Market Does Not
By: Avi Gilburt

MARKETS… WE GOT TROUBLE: Debt And Brain-Dead Retail Investors Prop Up Stocks
By: Steve St. Angelo

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall About 2% on the Week
By: Chris Mullen, Gold Seeker Report

COT Gold, Silver and US Dollar Index Report - October 20, 2017
By: GoldSeek.com

Ira Epstein's Metals Video 10 20 2017
By: Ira Epstein

 
Search

GoldSeek Web

 
The Market Rig of the Last Two Weeks Is Now Ending


 -- Published: Tuesday, 16 May 2017 | Print  | Disqus 

By Graham Summers

 

The $USD/Yen prop is now actively being pulled.

 

For two weeks straight “somebody” was pinning stocks by ramping the $USD/ Yen pair. You can see the tight correlation between the two in the chart below.

 

 http://goldseek.com/news/2017/5-16gs/image002.jpg

 

This resulted in a one in 125 years event: a 10-day period in which stocks didn’t move more than 0.2%. And we’ve even had confirmation now that the last 15 days have seen the LEAST movement in stocks in history.

 

However, now that we’re on to their game, the rampers are giving up. The $USD/Yen pair is now breaking down in a big way. 

 

 http://goldseek.com/news/2017/5-16gs/image004.jpg

 

The downside target for this move will be 2,200 on the S&P 500.

 

http://goldseek.com/news/2017/5-16gs/image006.jpg

 

And if the rampers REALLY let go, we’re looking at a much larger drop than that.

 

Are you ready?

 

Best Regards

 

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 


| Digg This Article
 -- Published: Tuesday, 16 May 2017 | 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.