|
From a fundamental perspective the prospects for profiting from Gold’s ascending to its rightful place as The Monetary Metal with a 4-figure dollars per ounce price tag have rarely been better. But, will Gold bullion prices skyrocket any time soon? Consider the following fundamental factors for Gold:
All of the aforementioned are quite gold-positive - - yet Gold was taken down below $650 (basis the August, 2007 contract) last Friday, June 8, 2007. Of course, pounding gold down nearly $14 last Friday took considerable “ammunition.” Open interest rose over 120 tons and over 110,000 lots traded on the Comex and over 40,000 in the CBOT session. It appears that The Central Banker Cartel wanted to smash Gold in spite of all the gold-positive news. And it appears The Cartel has begun another Major Takedown Operation. [Those interested in a review of the evidence for Intervention in the markets by The Cartel of Central Bankers are invited to consider “The Mega Manipulations: Juiced Numbers IV - - How The Government Gets the Statistics It Wants, Markets Get Manipulated, Citizens Get Deluded and Worse” available at www.deepcaster.com. And for evidence regarding manipulation of the precious metals markets visit www.gata.org. Virtually all of the evidence provided at these sites is from publicly available sources.] Thus the Golden Battle continues: Will Gold surge upward soon as the fundamentals all suggest it should? Or will the Masters of The Financial Universe, The Central Bankers Cartel, successfully continue to take it down? Deepcaster answers those questions and provides evidence for his conclusions in our latest Alert posted at www.deepcaster.com. The key item of evidence is an important, and potentially profitable, correlation. It appears that when certain major markets are moved in one direction Gold is moved in tandem. It appears The Cartel is sending us a message via this correlation. Indeed, it appears The Cartel’s message is clear: Gold and the selected Major Markets will be moved in tandem to achieve The Cartel’s goals. Thus there may be a Gold and Silver lining, as it were. If Deepcaster is correct about this correlation, then we can forecast that when Gold and other precious metals prices move in one direction, then certain key markets will probably move in tandem with them. And if this correlation holds, two recent Deepcaster recommendations will both move in tandem toward profitability in the next few weeks. And those who wish to profit over the longer term by acquiring reserve- rich “junior” precious metals companies may do so by carefully selecting from among the “candidates” listed in our April, 2007 Deepcaster Fortress Assets Letter. Observing correlations between the price action of Gold bullion and price action of certain other non-precious-metals markets can provide an essential key to profitable investing and trading.
CONTACT
INFORMATION
DEEPCASTER FORTRESS ASSETS LETTER The opinions of FSU contributors do not necessarily reflect those of Financial Sense. |
