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I don't think this has been posted, and there are no duplicate sources of the source of this, only paraphrases:

 

http://seekingalpha.com/article/3421396-the-big-long-goldman-sachs-and-hsbc-buy-7_1-tons-of-physical-gold

 

The 'Big Long' - Goldman Sachs And HSBC Buy 7.1 Tons Of Physical Gold

Aug. 10, 2015 3:40 AM ET
Summary
  • On August 6, 2015, Goldman Sachs, which has issued very bearish forecasts on long-term gold prices, took delivery of a 3.2-ton purchase of physical gold.
  • On August 6, 2015, HSBC which also claims to be bearish, took delivery of a 3.9-ton purchase of physical gold.
  • In both cases, the purchases are registered as being for the benefit of the bank's own house account, rather than the accounts of customers.
  • Investors should do as the banks do, not as they say.
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1.png

 

So what next? If the rally continues, day traders will probably have another good time going long next week. I suspect we'll rally up to 3,500 pts where the index will meet some resistance. The trend is however down until it clears 5,000 pts by the end of the year. No mean feat!

 

If 3,000 pts is breached, the next target level is 2,500 pts.

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I've no idea when the next boom will occur, but it WILL occur. This a small watch list of large companies that have fallen by the wayside. No buy recommendations, as they could go bust, but worth watching.


Aquarius Platinum 8p

1.png


Lonmin (Platinum Miner) 28p

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Tullow Oil 203p

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Medusa Mining (Gold Miner listed in Austrailia) 42cents

mml.png


Dryships (Dry bulk Cargo listed on the NASDAQ) 45cents

drys.png


Ferrexpo (Iron producer in the Ukraine) 59p

fxpo.png


Argonaut Gold (Canadian Listed $1.19)

1.png

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Market Wizard's Ed Seykota latest (10bn fund manager)

 

panel.jpg

https://www.youtube.com/watch?v=P3Otj8bTLnk

 

Something Just Ain't Right That's what you hear from the man on the street and from the man running a ten-billion dollar hedge fund. Something just ain't right.

Govopoly in the 39th Day, confirms these feelings and points to something big, and unstoppable. The decline in manufacturing, the growth in debt and regulations, deflation and then inflation all follow from the same system.

It also brings good news. Through understanding the system you can protect yourself from and even profit from events on the horizon.

This website supplements my book with references and with models that can give you a gut feel for how the economy works.

Use the buttons above to peek inside the book, buy it or access relating resources.

http://39thday.com

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I just found about the Poseidon bubble. Not well known. But an interesting chart:

 

Poseidon-Nickel-Bubble.jpg

 

simon-figure-8.gif

 

Poseidon bubble

 

The Poseidon bubble was a stock market bubble in which the price of Australian mining shares soared in late 1969, then crashed in early 1970. It was triggered by the Poseidon NL company's discovery of a promising site for nickelmining in September 1969.
In the late 1960s, nickel was in high demand due to the Vietnam War,[1] but there was a shortage of supply due toindustrial action against the major Canadian supplier Inco. These factors pushed the price of nickel to record levels, peaking at around £7,000/ton on the London market early in November 1969.[2] In September 1969, the mining company Poseidon NL made a major nickel discovery at Windarra in the Shire of Laverton, Western Australia. In early September their shares had been trading at $0.80, but as information about the discovery was released, the price rose until it was trading at $12.30 on October 1. After this, very little further information came to light, but the price continued to climb due to speculation; at one point, a UK broker suggested a value of up to $382 a share.
The price of Poseidon shares quickly became too high for many investors, so some turned to other nickel stocks, stocks in other mines near Windarra, and eventually other mining stocks in general. As the price of mining shares grew, new companies were listed by promoters looking to cash in. Mining stocks peaked in January 1970, then immediatelycrashed. Poseidon shares peaked at an intraday high of $280 in February 1970, and fell rapidly thereafter.
By the time Poseidon actually started producing nickel, the price of nickel had fallen. Also, the nickel ore was of a lower grade than originally thought, so extraction costs were higher. Profits from the mine were not sufficient to keep Poseidon afloat, and in 1976 it delisted. Western Mining then took over the mine, operating it until 1991.
In 1974, The Rae Committee handed down its report on the Poseidon bubble, in which it documented numerous cases of improper trade practices. It recommended a number of changes to the regulation of stock markets, which ultimately led to Australia's national companies and securities legislation.[3][4]
In the late 1980s, Robert Champion de Crespigny took over the Poseidon Company and it became part of Normandy Mining, the largest gold miner in Australia. In 2001 Normandy Mining, including Poseidon, was taken over by theNewmont Mining Corporation, which also at that time acquired Canadian company Franco-Nevada. The acquisitions made Newmont the world's largest producer of gold at that time.[5]
From Wikipedia, the free encyclopedia

 

https://en.wikipedia.org/wiki/Poseidon_bubble

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drys.png

 

Dryships which correlates to the Baltic Dry Index, has made a new lower lower at 36 cents a share. No recommendation to buy, as I am break out buyer, but interesting to watch. This was $120 a share!

 

 

And down, 23cents

 

---

 

 

DryShips: Don't Catch This Falling Knife Summary

 

The rapid drop in the Baltic Dry Index of late indicates that the drybulk shipping industry is under pressure, which is why DRYS is being forced into asset sales.

DRYS will see further weakness in day rates as demand for coal and iron ore shipments from China declines.

DRYS’ debt is high relative to its earnings power, which is why it has been forced to sell its assets at a loss of $795 million to recapitalize the business.

China’s GDP growth rate is anticipated to fall below 7% next year, indicating that the weakness in the commodity markets will continue.

http://seekingalpha.com/article/3519966-dryships-dont-catch-this-falling-knife

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  • 1 month later...

1.png

$435

 

Bitcoin on the move - starting to clear the 400 area; new 6 month high.

 

Interesting notes:

-Jan 2015 was an exhaustion capitulation bottom. Massive volume on the drop.

-This current rise is on increasing volume, like in Oct 2013.

 

 

---

 

Big recent rise on large volume, which mimicks the last spike, this time last year! Bitcoin moves very fast as the "market" doesn't close, you can trade peer to peer direct with buyers/sellers.

*Jan 2015 was an exhaustion bottom, marked by the move down on large volume.

*Currently this morning Bitcoins are trading at $435/bitcoin.

I still don't own any yet, but as this is a new 6 month high break out, as an experiment I ll buy an imaginary 10x bitcoins at this level, with a stop at around $390.

2.png

6 month chart, look at how it cleared the 300 area without looking back

Live updates on the Bitstamp exchange http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zv

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1.png

$435

 

Bitcoin on the move - starting to clear the 400 area; new 6 month high.

 

Interesting notes:

-Jan 2015 was an exhaustion capitulation bottom. Massive volume on the drop.

-This current rise is on increasing volume, like in Oct 2013.

 

 

---

 

Big recent rise on large volume, which mimicks the last spike, this time last year! Bitcoin moves very fast as the "market" doesn't close, you can trade peer to peer direct with buyers/sellers.

*Jan 2015 was an exhaustion bottom, marked by the move down on large volume.

*Currently this morning Bitcoins are trading at $435/bitcoin.

I still don't own any yet, but as this is a new 6 month high break out, as an experiment I ll buy an imaginary 10x bitcoins at this level, with a stop at around $390.

2.png

6 month chart, look at how it cleared the 300 area without looking back

Live updates on the Bitstamp exchange http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zv

 

 

 

3.png
This is a snapshot of the last rise in 2013 from 200 to about 1100. I can't name many 5 baggers in 2 months traded globally that is fairly liquid. (and not some penny stock on an obscure exchange).

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  • 4 weeks later...

I have just become aware of some dodgy stuff with binary options, and there is a broker who has gone to extreme lengths in marketing a system where you get 80% percentage wins. There are numerous bogus vlogs, blogs and websitesb that have been created to support their claims.

 

I won't mention the broker which operates out of Cyprus and Singapore - but they have appeared to attracted a lot of punter capital, so much so, other brokers are trolling their sites and marketing their systems in their comments section (I guess they are losing too much business). I won't mention the broker name - but please becareful out there. If so many people are apparently winning - then ask, who is losing and paying for all the winning trades?!

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Reuters.png

http://www.ritholtz.com/blog/2011/05/reutersjefferies-crb-index-1749-2011/

 

The commodities drop of late - we've been here before, at least 5 times in history. I suspect we might bump along at these lower levels for some time. Current CRB number is 177.

 

This chart ends in 2011, April at a CRB index of 370. It collaborates with the live chart here: http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=crb&uf=0&type=2&size=2&sid=2392733&style=320&freq=2&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=20&rand=2036673409&compidx=aaaaa%3a0&ma=1&maval=30&lf=1&lf2=2&lf3=0&height=444&width=579&mocktick=1

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Super Investment ?

 

With this new Star Wars film, and another chance to buy a mint Millennium Falcon, we could bring them back out in 20-30 years time, and et viola!

1979 Millennium Falcons are selling for about £200 to £400 on ebay, and they are not in mint condition. The original 1979 price was $29.99 according to http://www.starwars.com/news/the-vintage-vault-revisiting-kenners-millennium-falcon

 

$_57.JPG

E.g. http://www.ebay.co.uk/itm/STAR-WARS-PALITOY-MILLENIUM-FALCON-vintage-Kenner-FIGURE-toys-1979-ESB-EMPIRE-/231613456395?hash=item35ed3ce00b:g:cFkAAOSwg3FUpRhl

 

 

 

1414345633081347105.jpg

New Force Awakens Millennium Falcon

 

£92

http://www.argos.co.uk/static/Product/partNumber/4253853.htm?CMPID=GS001&_$ja=tsid:59156|cid:189934165|agid:18074225245|tid:pla-151105172485|crid:77627767765|nw:g|rnd:5740718136283301130|dvc:c|adp:1o1&gclid=CNyZn7Gr4skCFRW3Gwodm1MM7g

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Super Investment ?

 

With this new Star Wars film, and another chance to buy a mint Millennium Falcon, we could bring them back out in 20-30 years time, and et viola!

1979 Millennium Falcons are selling for about £200 to £400 on ebay, and they are not in mint condition. The original 1979 price was $29.99 according to http://www.starwars.com/news/the-vintage-vault-revisiting-kenners-millennium-falcon

 

$_57.JPG

E.g. http://www.ebay.co.uk/itm/STAR-WARS-PALITOY-MILLENIUM-FALCON-vintage-Kenner-FIGURE-toys-1979-ESB-EMPIRE-/231613456395?hash=item35ed3ce00b:g:cFkAAOSwg3FUpRhl

 

 

 

1414345633081347105.jpg

New Force Awakens Millennium Falcon

 

£92

http://www.argos.co.uk/static/Product/partNumber/4253853.htm?CMPID=GS001&_$ja=tsid:59156|cid:189934165|agid:18074225245|tid:pla-151105172485|crid:77627767765|nw:g|rnd:5740718136283301130|dvc:c|adp:1o1&gclid=CNyZn7Gr4skCFRW3Gwodm1MM7g

Feel a bit green seeing that and seeing that I had a fair amount of this kind of stuff, all went out with the trash in my late teens
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