May 18 Trading Analysis Video 05/18/12 Chris Vermeulen

May 18 Europe: ‘Cuts Aren’t Working…Let’s Spend…Oh Wait…’ Chris Ciovacco
The gravity of the global debt crisis can be seen in the flip-flop game plans from policymakers. The reaction to the 2008 crisis was to try to “spend our way out of this”. That didn’t work, but it did succeed in pushing debt levels even higher. The second approach, championed by Germany’s Angela Merkel, is based on the “cut spending and restore confidence” theory. That isn’t working either. Now we have come full circle with Tim Geithner and the IMF again calling for “pro-growth” policies....

May 18 Major Long-Term Bottoms Forming in Gold and Commodities Toby Conner
Once every year gold and stocks form a major yearly cycle low. Commodities form a major cycle bottom every 2 1/2 to 3 years. Every once in a while all three of these major cycles hit at the same time. I'm pretty sure that's what is happening right now.

May 18 Can Gold Climb Above $1,580 Tomorrow to Confirm Reversal? Franklin Sanders
Folks, metals are strong as a garlic milkshake. To preserve that spike bottom for posterity, gold needs to climb above $1,580 tomorrow and confirm its intent. Milestones of success after that are $1,600, then $1,630. The GOLD PRICE must overcome these quickly, and that I expect to see. The SILVER PRICE has made an upside down head and shoulders reversal, forming the head Wednesday. Before New York opened silver temporized between 2770c and 2738, then about 8:00 followed gold up in the same pattern. Ended the day up 82.6c (3%) at 2799.6c....

May 18 Daily Report Harvey Organ
Gold closed up today by a rather large $38.00 to $1574.80. Silver also rallied to finish the comex session at $27.99 up 82 cents. For a change today we saw the Dow plummet by 156 points and gold and silver rallied. The gold price rose above the 2% shackle put on by the bankers. The USA 30 yr bond fell in yield to 5 months lows indicating the serious nature in the USA economy. The all important 10 yr bond yield finished at a yield of 1.69%. Bourses around the world tumbled at the Spanish IBEX fell 2.0%....

May 18 Precious Metals Market Manipulation? Doug Casey
For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the price of gold skyrocketing. That would serve as an alarm bell, possibly panicking people all over the world, telling them to get out of the dollar. It's assumed, by those who believe in the theory, that the US Treasury is behind the suppression scheme, in complicity with a half-dozen or so large bullion banks that regularly trade in the metals....

May 18 No Time For Victory Laps TF Metals Report
...today, we finally had our short squeeze. Note that, once again, the move was "contained" at the 2% level. No matter. It's just good to be off the floor. The hints for today were actually placed yesterday. If you've been following my almost-daily analysis of the open interest, you'll recall that this recent, 3-week down move has been primarily driven by new spec shorts being added to the market on nearly every down move in both gold and silver....

May 18 14 Elliott Wave Trading Insights You Can Use Now EWI
Elliott wave trader Jeffrey Kennedy had individuals like you in mind when he said "I began my career as a small trader, so I know firsthand how hard it can be to get simple explanations of methods that consistently work. In more than 15 years as an analyst since my early trading days, I've learned many lessons, and I don't think that they should have to be learned the hard way." The Best of Trader's Classroom offers 14 trading insights that you can use now... Read More.

May 18 Fitzpatrick - Despite Pullback, Gold to Hit New All-Time Highs KingWorldNews
Gold went a little bit further to the downside than anticipated. We were looking for gold to hold the area just below $1,600. But really, despite the move lower, in the overall pattern it didn’t really do any damage. This still looks like a consolidation triangle pattern. It still looks like the choppy price action we saw in 2006 and into 2007. This ultimately resulted in a breakout to the topside and a move higher in gold....

May 17 Gold Price Down and Monstrously Oversold as Euro Crisis Looms F. Sanders
The GOLD PRICE made a low at $1,527.70, practically on my target. Silver posted its low at 2676 c, not far off 2615c support. Both the silver and GOLD PRICE are coasting along on their bottom Bollinger Bands, something that hasn't happened since fall 2008. Implication? Silver and gold are monstrously oversold, and will shortly come roaring back with a rally, even if only a temporary one. End of this decline ought to come within a week at most, but that euro crisis hangs over everything, scaring everyone to death, much like the 2008 panic in the US....

May 17 All This Fuss About A Fiat Dollar Jeff Thomas
Throughout the First World, and, particularly in the US, there is an increasing consciousness that fiat currency, far from being the solution to economic problems, is, in fact, a cause of them. There are even those who, over the years, have predicted that the continued massive creation of fiat dollars may well lead to price controls, destruction of savings, looting, riots and, possibly, even revolution. A decade ago, such predictions were regarded by most as nonsense. Today, all of these eventualities seem more likely, although there still remains a strong contingent (possibly even a majority) who believe that, "It can't happen here."...

May 17 Get Ready: We’re About To Have Another 2008-Style Crisis Chris Martenson
The same sorts of signals that we had in 2008 are once again traipsing across my market monitors. Not precisely the same, of course, but with enough similarities that they rhyme loudly. Whereas in 2008 we saw breakdowns in the credit spreads of major financial institutions, this time we are seeing the same dynamic in the sovereign debt of the weaker European nation states. Greece, as expected and predicted here, is a right proper mess and will have to leave the euro monetary system if it is to have any chance at recovery going forward....

May 17 Remember To Stay Balanced Jim Sinclair
We can never make good discussions when we are out of balance. If I can be of any assistance it is to bring you back to balance as you review your situation. The market manipulators depend on being able to unbalance you and the greatest tool they have is to supply credit to the margin junkies who live on the edge of greed. This helps them flash to fear faster than the weather changes on Mt. Washington....

May 17 Daily Report Harvey Organ
The gold and silver markets were fast today as prices were basically all over the board.
We heard today that Greece will no longer receive money to recapitalize its banks mainly because that money has already been sent down to Greece and spent on other things. You have to just love the Greeks. They are just toying with the European authorities as they know a sovereign default in Greece will set up contagion like effects to other peripheral European nations. The Greek authorities have set June 17.2012 as the election day. In physical news we witnessed that Soros quadrupled his investment in gold through the GLD. Gold has also entered into a front end backwardation...

May 17 Backwardation in Gold And Silver Keith Weiner
Even in this “new normal”, however, it has been only one at a time: one metal, and one month. This is because the backwardation occurs with the “contract roll”, as people sell the expiring contract and buy one farther out. The selling pressure on the expiring contract is most intense for a short period of time. After that, the spread widens as the market makers move on, the selling pressure abates, and with wider spreads all around, both the basis and cobasis fall into oblivion. Except for the December month, gold and silver futures are liquid in different months....

May 17 Gold Losing Battle Versus U.S. Dollar in 2012 Jeff Nielson
Gold bears are exuberant these days. Their mood is epitomized by a recent Bloomberg headline: “Gold Erases Year’s Gain as Europe Concern Boosts Dollar” – which was then dutifully parroted by thousands of mainstream drones. The implication was clear: gold was on its way down and the dollar is on its way “up”, so everyone should sell their gold. Such confidence (depending on the source) is a reflection of either serial dishonesty or extreme delusion. The dollar-shills at Bloomberg explained what was happening...

May 17 Paper Gold & Silver Ponzi Exposed KSR Capital
May 17 What Investors Need to Know About Gold & the Mining Shares KingWorldNews
May 16 Uncertainty Abounds – Markets Have Taken Note Chris Ciovacco
May 16 Here are the Reasons for a Turnaround this Week Franklin Sanders
May 16 Daily Report Harvey Organ
May 16 The All-Important Question David Galland
May 16 Turk - Expect Tremendous Chaos, Europe Deteriorating Rapidly KingWorldNews
May 16 Short, Medium & Long Term Technicals For Gold & Silver Willem Weytjens
May 16 The Crimes of JP Morgan Chase Bank Marshall Swing
May 16 Monkey See Monkey Do Captain Hook
May 16 Political and Economic Factors Bode Well for Gold Przemyslaw Radomski
May 15 VIX Reflects Escalating Concerns About Market Chris Ciovacco
May 15 Next Logical Stop is $1,523.90 Franklin Sanders
May 15 Daily Report Harvey Organ
May 15 The Mythical Land of Us Jeff Nielson
May 15 Metals & Mining Analysts' Ratings & Estimates - Juniors Bill Matlack
May 15 Metals & Mining Analysts' Ratings & Estimates - Seniors Bill Matlack
May 15 Leeb - This is Why World Markets are Incredibly Unstable KingWorldNews
May 15 The Financial World's Worst Nightmare GoldenTruth
May 14 Gold and Gold Miners Closing in on Major Bottom JW Jones
May 14 Greece May Trigger Bearish Stock Pattern Chris Ciovacco
May 14 Greece Exit, Euro-Zone Collapse, Spain and Portugal Will Follow N. Walayat
May 14 Gold bugs will be vindicated Alasdair Macleod
May 14 TFMR Podcast #19 - Jim Willie TF Metals Report
May 14 Don’t Be Seduced, Why Summer Will Be Disastrous for Markets KingWorldNews
May 14 Money Slow Down Rick Mills