Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain on the Week While Stocks Drop 6%
By: Chris Mullen, Gold Seeker Report

Gold and Silver Possession Is a Constitutional Right - and a Practical Imperative
By: David Smith

Will Gold Breakout? 3 Things to Watch
By: Jordan Roy-Byrne CMT, MFTA

COT Gold, Silver and US Dollar Index Report - March 23, 2018

Hidden No More, The Currency Wars Take Center Stage
By: Nathan McDonald

Trading Barbs Down To The Wire
By: Brady Willett

Gold Juniors’ Q4’17 Fundamentals
By: Adam Hamilton, CPA

GoldSeek Radio Nugget: Bill Murphy and Chris Waltzek

Markets Have Gone “Thelma and Louise”
By: Gary Christenson

Debt Cycles and Gold
By: Arkadiusz Sieron


GoldSeek Web

The PPT is the Only Thing Stopping an Outright Crash

 -- Published: Monday, 12 February 2018 | Print  | Disqus 

By Graham Summers

The markets have changed and many are going to get “taken to the cleaners.”

Last year, 2017, was a not a normal year for stocks. Stocks as an asset class are not meant to go straight up without even a 1% pullback. But that is precisely what happened for nearly an entire year.

Now that massive market rig is over. And anyone who continues to invest as though it’s 2017 is going to get annihilated in the coming weeks. The only thing that stopped an all out crash in stocks was clear and obvious intervention in the markets by Central Banks.

Take Friday’s action for example. The S&P 500 briefly broke its 200-DMA. At that point the Plunge Protection Team stepped in and ramped stocks over 3% in the span of an hour.

This was intervention, plain and simple. NO real investors “panic buy” stocks in this kind of rapid frenzy.

This raises the question…

What would have happened if the PPT had not stepped in? Where would stocks fall to?

Buckle up, it's about to get nasty. The PPT can trigger bounces, but it requires REAL buyers for stocks to enter a prolonged rally.

Put another way, we're still going to that circle in the next few weeks.

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research


| Digg This Article
 -- Published: Monday, 12 February 2018 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2017 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of 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 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, its affiliates or advertisers. 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, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.