Saturday, April 4, 2026 
Nobody Knows
Where is no one looking right now? Why is no one talking about something? I am away at my coastal office and I can’t get the yellow metal off my mind. There is something going on and everyone I talk to says “I don’t know how they are doing it. Nobody knows.”
I am starting to smell a huge, massive, uncontrollable bullish move somewhere. Not only that, the volatility is cheap cheap cheap. Why is it cheap? Because nobody is looking at it. When they start to, volatility will expand real quick.
How is gold being held down? Recently, it was at all time highs when viewed against the other major currencies. How is it being held down? More important, how is it being held down against the US dollar? Nobody knows. Nobody knows.
If whatever they are doing to hold it down starts to reverse, you could see the yellow metal double or triple in the matter of a month.
I don’t know how they are holding it down. But they are. And if the manipulation they are engaging in starts to reverse, they’ll be caught red handed.
Caught trying the oldest trick in the book.
Peace
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The shiny metal has always interested me. What is the best one to buy for a trade in gold? I always read your research and apply it to my investment.
Thanks.
Comment by Kurt — October 31, 2008 @ 6:50 pm
[...] Volatility is bullish on Gold. So am I. Click HERE to read Mr. Volatility’s latest [...]
Pingback by Stripnomics » Gold — October 31, 2008 @ 7:47 pm
$ has been well bid lately against euro and pound and this may continue as BoE and ECB cut rates further as they shoud. But secular case against $ rolls on, if anything, all the money printing and bailing out the fed and treasury has made the case even stronger.
Long term oriented folks should be accumulating all the weak dollar plays (GLD, SLV, USO, DBA, DBC) over the next 3-6 months. Seeds planted here will pay off handsomely on anything other than a short team view.
Good luck to all.
Comment by matthew herrick — October 31, 2008 @ 8:36 pm
[...] Dollar is breaking down and gold is acting strong. I will continue to benefit from my weak dollar, strong gold thesis. The Dow Jones US Real Estate Index (IYR) is rallying. This is very [...]
Pingback by The Macro Thesis | Trade the Picture — December 17, 2008 @ 4:12 am
[...] is moving well. It is up nicely since my post on October 30. The oldest trick in the book works and works and works, until it doesn’t. [...]
Pingback by Thoughts From My Coastal Office | Trade the Picture — December 30, 2008 @ 1:54 pm
[...] While still in the thick of one of the wildest volatility moves on record, I am seeing some macro dynamics that I’d like to communicate. I am on to the next wildest massive move we may ever witness. It is the oldest trick in the book. [...]
Pingback by The Gold Standard Deviation | Trade the Picture — January 12, 2009 @ 4:57 pm
[...] was long gold last year. Recently, I noted the yellow metal in a range. Now, I am a raging bull on gold. The new high in [...]
Pingback by Trader Art - Gold | Trade the Picture — November 3, 2009 @ 10:46 pm
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