Michael Noonan– The focus this week will be on the charts as much of the Western world remains embroiled in events that become harder and harder to cover up explain. The elites and their central banker’s curtain continues to be pulled back for all to see, yet the vast majority of the public fails to associate the world’s financial woes as having originated by pure elite greed for control over both money and people.
BREXIT has yet to be put into effect, and it remains to be seen if the globalists will ever allow it to happen. They have more tricks up their sleeves than a street full of prostitutes. At least with the latter, there is willing consent.
The only money that matters are gold and silver. Everything else is a sham substitute. The PMs did not put in a strong rally, although most seem to think that way. Nope. The fiats declined in their imaginary value. An ounce of gold and an ounce of silver have not changed. It just now takes a greater number of phony fiats to buy the PMs. There will be corrections along the way, but the trend of having to use ever-increasing numbers of fiats to buy gold and silver will continue, even most likely irreversibly.
The trillions and trillions of newly created debt, for which there was never any relation to reality, and the astronomical hundreds of trillions upon hundreds of trillions of banker- hidden derivatives used to cover up their Ponzi scheme, have never been greater. It is not even a function of hoping for the best, rather the only choice is to prepare for the worst, for the worst is coming like a tsunami that will crush the unsuspecting, the vastly unprepared.
The world is probably at the stage where the financial ocean tide is receding farther and farther away from shore. The globalists may do their worst and endeavor to cover up their unbridled financial sins with WWIII to divert attention away from themselves. There will be nothing that can do to stop the financial panic that is already in the process of unfolding.
Give a man a gun, and he will rob a bank. Give a man a bank, and he will rob a nation. This is exactly what the Rothschild-generated banking cartel has been doing for centuries.
As Rory Hall from The Daily Coin says, “If you’ve got gold, you’ve got money. If you don’t have gold, you’ve got a problem.” Throw silver into that equation, and it is a stronger truism.
The Quarterly chart has taken a turn for the better in a follow-up to the 1st Q 2016. The clock of financial doom keeps inexorably ticking away, and anyone unprepared by not
having gold and silver, including those who have either, or both, but is still holding back on adding to their stash, is playing a fool’s game.
It appears gold and silver are in the still early stages of turning around and getting out from under the yoke of central banker manipulation to keep the price suppressed. Since mid-February, gold evolved into a 5 month range of overlapping bars. Regular readers know that overlapping bars represent a struggle for power between buyers and sellers while there appears to be a balance between the opposing forces.
The balance is only temporary, even illusory, for a winner always emerges. When you look at volume, you see clues for a likely resolve. Note the highest volume on the monthly chart was red, denoting a lower close when sellers ostensibly were in control. Turns out, evidenced by the lack of downside follow-through in June, the exceptionally heavy selling effort by the sellers was fully unsuccessful as buyers overwhelmed selling efforts, took control and have since run up the price to current recent high levels.
The sharply increased volume scenario described above can be more readily seen and understood in the weekly activity as it unfolded. The unabated rally from 1200 to 1360 took most by surprise. Take it as a shot across the bow for the manipulators that are losing control. Continue reading . . .
Michael Noonan is a Contributing Writer for Shift Frequency
SF Source Edge Trader Plus July 2016
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