Rasta wrote:Singapore Moves to Make Trading Safer after MF Global
Answering Your Questions
"While much of the gold analytical crowd talk about the "paper shorts" that exist in everything within the futures markets, without those markets commodities would become disorganized and diverse just as real estate lacks a central clearing house. We need a well-defined market structure to encourage investment. It matters not what commodity one talks about be it gold of Adzuki beans in Tokyo, people will ONLY invest based upon the fact that they feel confident someone else will buy it. Gold has no value at all unless others accept it as real. Everything is that way."
He is adjusting his forecasts here
2015.75 for japan instead of the big souvereign bang
he moves to 2017.75 for that one now. also the golden top in 2017.
He recognises the minor and super cycles like no other and is marking them with dates like no other.
Marking them with historical events is done best afterwards
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.