IMF sells off gold to increase lending power

http://www.ottawacitizen.com/sells+gold+increase+lending+power/1841659/story.html

Readings

Gold price micromanagement
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/OKCQc6FAqzw/gold-price-micromanagement.html
marketclub

Mega fun
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/4PjF2Kd6__A/mega-fun.html
reverse triangle (megaphone) in SPX

FDIC Bank Failures: Update
http://feedproxy.google.com/~r/CalculatedRisk/~3/t89EoZTr8Lc/fdic-bank-failures-update.html

And Speaking of Head and Shoulders...
http://martinmarketreport.blogspot.com/2009/07/and-speaking-of-head-and-shoulders.html
bullish H&S in SPX :-)

Readings

S&P 500 - choose your pattern
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/WkcJSyypcdg/s-500-choose-your-pattern.html

Gold guru Jim Sinclair sees November crisis for US dollar
http://arabianmoney.net/2009/07/14/gold-guru-jim-sinclair-november-crisis-for-us-dollar/

Thursday Oil Market Round-Up
http://bonddad.blogspot.com/2009/07/thursday-oil-market-round-up_16.html

S&P Head and Shoulders - Not Completed Redux
http://martinmarketreport.blogspot.com/2009/07/s-head-and-shoulders-not-completed_09.html

Videos (via ArabianMoney.Net)

Peter Schiff on minimum wage
http://www.youtube.com/watch?v=30qMDVd8z0E&feature=player_embedded

Marc Faber on gold and hyperinflation
http://www.youtube.com/watch?v=9lGpTxrAhaM&feature=player_embedded

Readings

Euro vs. USD
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/wC9WjTHNiXg/euro-vs-usd.html
http://www.ino.com/info/395/CD150/&dp=0&l=0&campaignid=3

HUI not looking so swell either
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/7rPzc8-IeQI/hui-not-looking-so-swell-either.html

Oil - We got our breakdown
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/N7mPbOVvPIw/oil-we-got-our-breakdown.html

A look at the Dow's status
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/Rb8HrO39dQw/look-at-dows-status.html
short term H&S in dow, I wrote about

S&P Head and Shoulders (not completed)
http://martinmarketreport.blogspot.com/2009/07/s-head-and-shoulders-not-completed.html

David Morgan interview
http://www.youtube.com/watch?v=OsjNzTzUK8k&feature=player_embedded

Interesting:

Try the Burj Al Arab from $1,000-a-night
http://arabianmoney.net/2009/07/06/try-the-burj-al-arab-from-1000-a-night/

The Most Important Chart in the World
http://feedproxy.google.com/~r/uglychart/~3/TPixl8fH7hg/

Readings

Switzerland tries to devalue again
http://feedproxy.google.com/~r/RealityLenses/~3/NDhG10Cnfms/switzerland-tries-to-devalue-again.html

The Bernanke PUT is born
http://feedproxy.google.com/~r/RealityLenses/~3/CLVSY-kATwA/bernanke-put-is-born.html
see also:
http://en.wikipedia.org/wiki/Greenspan_put

US Dollar collapse and Gold: UPDATE 1-China should buy gold to hedge dlr fall-researcher
http://sufiy.blogspot.com/2009/06/us-dollar-collapse-and-gold-update-1.html

Hourly Action In Gold From Trader Dan
http://jsmineset.com/2009/06/29/hourly-action-in-gold-from-trader-dan-132/

Uncle Jay 4.Jul Special

S&P 500

50 and 200 day MA made a cross. Price bounced from both 50 and 200 day MA.

However, potential Head and Shoulders top could be forming in S&P 500. If H&S pattern is complete, target is 825. Confirmation is ~ @880 level.

But do not forget H&S is not complete, until is not complete :-)

Marc Faber on inflation

Readings

Oil Service HOLDRS Trust (NYSE: OIH) Is Oversold
http://www.joe-duarte.com/saved_newsletters/2009_06/090624PR.html

US Approves IMF Gold Sales; What Does It Mean?
http://globaleconomicanalysis.blogspot.com/2009/06/us-approves-imf-gold-sales-what-does-it.html

Insiders Exit Shares at the Fastest Pace in Two Years
http://www.bloomberg.com/apps/news?pid=20601087&sid=aflROe0Pe0QM

Gold: Daily Bullish Reversal in the making.
http://sufiy.blogspot.com/2009/06/gold-daily-bullish-reversal-in-making.html
(I do not understand why he think it is a reversal)

Gold vending machines are a sign of the times, German inventor claims
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5575546/Gold-vending-machines-are-a-sign-of-the-times-German-inventor-claims.html
first sign of coming bubble ;-)

Now that's flip flap?!?!

Disaster Averted, But 'Dr. Doom' Still Sees Grim Economic Outlook
http://finance.yahoo.com/tech-ticker/article/266764/Disaster-Averted-But-'Dr.-Doom'-Still-Sees-Grim-Economic-Outlook?tickers=%5EDJI,%5EGSPC,SPY,DIA,TLT,TBT,UDN

Readings

Ron Paul doesn't like socialized medicine
http://themessthatgreenspanmade.blogspot.com/2009/06/ron-paul-doesnt-like-socialized.html

HUI - Daily status
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/FqsMIESw8Tw/hui-daily-status.html

Tsunami of Treasury issuance next week
http://interestrateroundup.blogspot.com/2009/06/tsunami-of-treasury-issuance-next-week.html

Is gold now in take-off position like the Nasdaq in 1998?
http://arabianmoney.net/2009/06/19/is-gold-now-in-take-off-position-like-the-nasdaq-in-1998/

Gold sold from vending machines in Germany
http://realitylenses.blogspot.com/2009/06/gold-sold-from-vending-machines-in.html

Gold and Gold miners: High probability of Reversal from current correction.
http://sufiy.blogspot.com/2009/06/gold-and-gold-miners-high-probability.html

Forex Fridays
http://bonddad.blogspot.com/2009/06/forex-fridays_19.html

Thursday Oil Market Round-Up
http://bonddad.blogspot.com/2009/06/thursday-oil-market-round-up_18.html

Spot Gold -- Not Just a Simple Trendline
http://feedproxy.google.com/~r/trendandvalue/~3/DLgwyy25lGA/spot-gold-not-just-simple-trendline.html

In Bulgarian

БДЖ 15-годишен монопол
http://ikonomika.org/?p=2613

Off topic:

Flash indexing with external resource loading
http://feedproxy.google.com/~r/blogspot/amDG/~3/uuagw3-twiA/flash-indexing-with-external-resource.html

Reconsideration requests: Now with notifications
http://feedproxy.google.com/~r/blogspot/amDG/~3/59010EKEMyY/reconsideration-requests-now-with.html

Success
http://chrispycrunch.blogspot.com/2009/06/success.html

Links

Gold-Oil ratio
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/jo5Q224rNYQ/gold-oil-ratio-etc.html

More Natural Gas Analysis
http://martinmarketreport.blogspot.com/2009/06/more-natural-gas-analysis.html

An Interview with Jim Grant
http://jessescrossroadscafe.blogspot.com/2009/06/interview-with-jim-grant_11.html

Hourly Action In Gold From Trader Dan
http://jsmineset.com/2009/06/11/hourly-action-in-gold-from-trader-dan-129/

Videos

Jim Rogers says recession getting worse not better
http://www.youtube.com/watch?v=O9fim4IZJ5Y&feature=player_embedded

11.JUN EUR/USD Probability Study
http://www.youtube.com/watch?v=UVk1zDwpg90

VW "transparent" factory
http://www.youtube.com/watch?v=nd5WGLWNllA&feature=player_embedded

EURO results

ГЕРБ       - 24.48 % - 5 деп.
БСП        - 18.59 % - 4 деп.
ДПС        - 14.21 % - 3 деп.
Атака      - 12.01 % - 2 деп.
НДСВ       -  8.00 % - 2 деп.
Синя коал. -  7.99 % - 1 деп.
Лидер      -  5.73 % - 0 деп.
РЗС        -  4.69 % - 0 деп.

Readings

Forex Fridays
http://bonddad.blogspot.com/2009/06/forex-fridays.html

JimRogers On CNBC 6/4/09

Part 1/4
http://www.youtube.com/watch?v=sjsd4hbFArM&feature=related
Part 2/4
http://www.youtube.com/watch?v=ePPxTP_Ms5I&feature=related
Part 3/4
http://www.youtube.com/watch?v=Glcj_besuy8&feature=related
Part 4/4
http://www.youtube.com/watch?v=4Mttt0YYXDs&feature=related

President Obama’s message to the Middle East
http://arabianmoney.net/2009/06/07/president-obamas-message-to-the-middle-east/

Market update by Clive Maund

Silver
http://www.safehaven.com/article-13542.htm
Gold, USD
http://www.safehaven.com/article-13543.htm
Oil
http://www.safehaven.com/article-13538.htm

EUR 4h Euro broke up channel. However the channel may not be "brawn" correctly.

Gold 8hThe gold broke up channel, now the move must be up, but the trend will be down, at least for a while.

Gold 1hSame as previous chart.

Student loans

http://www.defaultmovie.com/

Test

Test

Gold 4h and 1h

Gold 4hOn 4h chart we see that gold raised as we suspected :) However there are some resistance on $982 level. I believe the gold will stay inside the channel, but I am not 100% sure i

Gold 1h, scenario 1On 1h chart we have two scenarios. Both of them are related to short term downtrend. Difference is only how the trend lines will be placed.

So we have downtrend channel with the brown lines. Upper boundary is not yet broken, even appears to be. Price will go down. However the blue line from 4h chart is support, so finaly we have a triangle made from blue line as bottom and upper brown line as top.

If price go down, I expect to go no lower than ~ $962.

Then price will go up and eventualy break the triangle (if not happen instantly, will happen second or third time).

After that gold @ $1,000 will be real possibility :-)

Gold 1h, scenario 2Second scenario. I believe here the lines are priced better, because the upper boundary is not broken. The lower boundary is broken but it connects more points now.

The explanations are exactly the same as the first scenario.

Readings

US Dollar gives a preview
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/eX6euFsPS5g/us-dollar-gives-preview.html
USD

Infaltion Isn't an Issue
http://www.huffingtonpost.com/hale-stewart/inflation-from-money-crea_b_207126.html

Mish on Google
http://www.youtube.com/watch?v=1YKc0UolTqE&feature=player_embedded
Video