Harry Schultz , un des "gourous " de l'at gold

Harry Schultz , un des "gourous " de l' Analyse Technique gold
( je mets "gourou" entre guillemet parce qu'en anglais ce terme n'a pas du tout la connotation péjorative qu'il a en français ... on pourrait le traduire par " master" .. mais la encore c'est un terme anglais ... )

même ce gars la nous dit que la derniere attaque que nous connaissons a été orchestrée sans même que les conditions techniques soient réunies pour ça !!! 7 dire s'il y avait URGENCE ....
et 7 dire si cela contredit les at "classiques" qui nous disent APRES COUP que nous étions en zone de surachat ....

Citation :

Usually this kind of intervention is done when the gold charts (which govts watch! are at a weak point, eg, testing an uptrend line or major support, & could be pushed thru it via govt selling gold futures contracts. But this time,unusually, intervention was done on an upside breakout of all gold mkt indicators & stocks. This happened, IMO, either because: 1. They were caught off guard (perhaps because Paulson is new on the job), or 2. It was a deliberate/aggressive ambush strategy to get as many gold bulls as poss onboard before they attacked. Whether it was frantic last minute manipulation or casual calculation, it was in any case pure unadulterated manipulation of all mkts.

et si vous voulez savoir ce qu'il en pense :

article complet , source midas

The legendary Harry Schultz:

----Gold Charts R Us----

Welcome to GCRU #225 on Sept 13, 2006 (in our 5th year). ....US

November elections smashed the gold mkt last Thursday. Of that there is no doubt. The new boy at the US Treasury, Paulson, the ex-head of Goldman Sachs, ordered his ex-company to sell gold short, again. G/S has amassed a huge gold short position, mostly in Japan, out of sight of US investors. The other day they added 452 contracts to 40,605. The new boy at the Fed, Bernanke, ordered the Euro Central Bank to sell gold bullion. They did so. The Fed also ordered their 3 lapdog banks in NY to short the Euro, in order to prop up the US$. All this is easily documented. Greenspan set the stage long ago when he testified before Congress that "We will intervene when necessary to contain the gold price." Under Robt Rubin & now Paulson, the pit bulls are unleashed whenever political needs dictate. Usually this kind of intervention is done when the gold charts (which govts watch! are at a weak point, eg, testing an uptrend line or major support, & could be pushed thru it via govt selling gold futures contracts. But this time,unusually, intervention was done on an upside breakout of all gold mkt indicators & stocks. This happened, IMO, either because: 1. They were caught off guard (perhaps because Paulson is new on the job), or 2. It was a deliberate/aggressive ambush strategy to get as many gold bulls as poss onboard before they attacked. Whether it was frantic last minute manipulation or casual calculation, it was in any case pure unadulterated manipulation of all mkts.

The PPT (Plunge Protection Team) was created or embellished by Rubin. More recently however, the CRMPG was created to supplement or replace the PPT. (CounterpartyRiskManagementPolicyGroup). Guess who is CRMPG chairman? Right, a GoldmanSachs man. It’s important to realize the gold mkt was technically strong up to last Wednesday. Also fundamentally strong, as we mentioned lastime. Even the geo political background was gold-positive. Gold & gold shares were NOT overbought. Volume was NOT excessive. The Spinner lines were positive, but not excessive. There were no clouds in the sky. Every gold analyst was in agreement that the upside breakouts were uniformly bullish & genuine. The final & giveaway proof that the Nazi storm troopers were behind the gold fall was easily seen via volume. In gold futures we saw volume zoom to its highest in a year or more. But there was a dramatic DROP in volume for virtually every gold SHARE. The cartel members know that selling gold heavily pushes the bullion price down & that will bring down the shares.

Normally the shares fall immediately. This time however, the gold sharesm resisted bullion’s fall, in large measure, for almost 2 days. Only 1 shorterm stoploss order was hit amongst GCRU stks (AAUK) last week. Some didn’t fall at all til Monday Sept 11. Then almost all fell sharply. Stk holders began to worry that gold might fall further, so some sold. Many didn’t sell, but didn’t buy either—which causes a price drop as dealers have few or no bids. Washington cable members understand how it works. But volume gave their tactics away. Vol leaves a paper trail. •••• They also know that hedge funds &/or private speculators will jump on the band wagon with their own short selling which pushes price lower…

__________________________

par ailleurs ce topo citant les travaux de Murphy ( Gata ) et de Butler ( sur l'argent )

Gold Stocks Slammed - Blatant Manipulation? What Next?
By goldguru


http://www.goldstockbull.com/gold-stocks-slammed-what-next/#more-64


repris carrément sur yahoo ... je le signale car ce n'est pas anodin ... ho non ... c'est fort rare que ce genre d'article et de références ait les échos de l'establishment médiatique ...et pour cause

donc je vous le signale car ça aussi , ça fait partie de l'info ...

http://biz.yahoo.com/seekingalpha/060918/17072_id.html?.v=1

une manipulation prelectorale qui selon lui devrait provoquer une nvelle jambe de baisse CT , pour le gold ,vu les dégats techniques occasionnés sur le graphe


source midas

In May 2000 Reg Howe and I had the pleasure of meeting Uncle Harry Schultz at the FT Gold Conference. He was one of the early GATA supporters and assisted us considerably to get to where we are today. He mentioned GATA briefly in his last letter. About Harry and his latest:

International Harry Schultz Letter
HSL has just been named the "Newsletter of the Year" by Peter Brimelow of Market Watch. A few days earlier HSL was ranked #2 among the Top 10 most profitable newsletters (for subscribers )) in 2005 by Hulbert Financial Digest.

HSL (International Harry Schultz Letter) is the world's premier international investment, financial, economic, geopolitical, privacy, sociological and philosophical newsletter. HSL is now in its 41st year with subscribers in 71 nations. In addition to decades of money-making investment advice in all major world stock, bond, commodities, and currencies markets. Based in Switzerland, HSL is one of the few truly international investment newsletters.

We know the US govt interferes with this mkt, as it does in other mkts, eg, currency & some commodities,

Gold

HSL 656 - 01 OCT 06 7

Group, with Tomahawk cruise missiles, will depart the US about Oct 3. Other sources in the PA Office of the Navy Dept at the Pentagon confirm the armada will arrive off the coast of Iran about Oct 21.

Read this site re Iran war liklihood prospects: http:// www.informationclearinghouse.info/article14694.htm because they boldly say so—as Greenspan admitted in Congressional testimony. Price-fixing is illegal in most nations, & is prosecuted daily. But gold price fixing hasn’t been successfully prosecuted in court yet, though GATA tried. Current mkt intervention is admitted. Recently--as I spelled out in great detail in GoldChartsR Us on 9/13, headed: Nov elections smashed gold mkt last Thursday.

US govt couldn’t afford to let gold rise pre-election. Gold had just had a 1-day breakout, at which govt fired major bullets to reverse--& succeeded. The US Treasury/Fed sold euros (to boost the US$) & shorted gold futures, pressured the Euro Central Bank to sell gold & coerced their lapdog NY banks (eg, GoldmanSachs) to short gold in both NY & Japan. I concluded: "It was pure unadulterated manipulation of all mkts."

But such govt efforts are relatively trivial compared to the worldwide gold mkt’s faith/size. So, such attacks run out of steam when global buying overwhelms them. Charts reveal it on a gradual day-to-day basis. Also, as US debt, & the cost of servicing it, has assumed such monstrous size, those efforts to support the $ & depress gold become ever shorter & weaker. Other nations become increasingly reluctant to feed a debt machine which undermines their own best interests in the longer run. Politics plays a role in forcing them to shoot themselves in their feet. Financial self-mutilation is becoming less appealing to Japan, China & Europe.

Where now? Gold is poised between one more leg down, to complete a corrective chart pattern,..

-END-