Monday, July 12, 2010

Bullish Money Flows in Gold - Follow Up

Bullish Money Flows in Gold on 7/10/10 illustrated how connected players were using a MOPE-induced decline in gold to cover their short positions.

What are these charts?

These charts represent multivariate and multitime statistical analysis of leverage money flows within various trading groups. In other words, the analysis "looks" for statistically significant changes in the money flows to illustrate how a market is being setup for a move that contradicts the headline MOPE. It's all about control. MOPE, a tool of control and indication of the lack of intellectual respect its recipients, is never your friend in gold.

Jim's Thought of the Day says it all,

Negative, and total fallacious articles, are carried in major international publications while the gold banks continue to cover their short positions according to filed reports. What is wrong with that picture?

Jim,

What is wrong with the picture is that few can "see" the setup or "play" in the con game.

Eric

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