$TNX:!PRII Daily

In casting about for a weekly indication for a reversal to the gold price, I was looking at the daily chart of interest rates vs. inflation. You can see the breath-taking rise of the ratio in the last few days. This is a daily chart phenomenon.

A reversal should come soon with the stabilization of commodities vs. interest rates as major indeces sell off.

http://schrts.co/8GRqTc

$Gold Monthly

In answer to claims that gold is a pet rock, a demonstration of the volatility smile turned skew, and the presumed start date and end date of the derivative will show exactly what paper manipulation has achieved.

http://schrts.co/Roq4OH

Since the beginning of the contract,which was probably precious metals options expiry in July of 2010, to the end of the contract, which is probably precious metals options expiry this July, 2015, the outcome has been that the derivative corralled investors through price-fixing, ETF dumping, and HFT.

The results are in, they obtained a ~$400 price change from the beginning of the derivative contract to the end.

In measuring the decline obtained through price-fixing and direct manipulation, bullion banks acting as clients of HFT firms obtained a ~$110 price change over the natural low in June, 2013.

11%? Maybe? When they were looking to send gold back into the dungeon of demonetized eternity? and now they have to unwind these obligations?

http://schrts.co/Roq4OH

via INO.com - Sep2015/Jun2021 Spread

Spreads between the near futures and most distant futures narrowed, meaning that gold will continue to proceed towards backwardation.

http://quotes.ino.com/charting/index.html?s=NYMEX_GC.U15_M21.E&v=dmax&t=l&a=0&w=1

-F6