[Chris Scoreboard Johnston]

C’mon atleast get my comments correct. I was not even participating or had ever heard of this blog when Gold was at $500. If you want to go back and research my comments you will see that I have been bearish mostly when the price has approached $1000. There have been other times as well, whenever the big players become heavy sellers, I usually get bearish, and get bullish when they are buyers.

One of the best trades I made this year was a long position I put on 7/13 at 881.50. I am out of that trade at this point.

Now we are in that same range, and the commercials have their largest short position in history so I am bearish again, pretty simple. I did use the word bubble last week in here for this market, but I believe that is the first time I have ever used that word, not 100% sure about that.

In my blog you will also not something that I do that virtually nobody in here does, admit when I am wrong. I have done it recently on a couple of things. If you want to attack my views, please just do it accurately.

I have said bubble this time, so if we do not make a top by Mid to the end of October, I would have to say I am wrong about this. It just seems hard for me to believe that even that big hitters like 4plex have the billions required to overcome all the large commercial players selling right here. That is what it will take to hold it up here. Only individuals are buying here so in the past that has been a reciple for large declines. If you just pull up a chart, and I will put one on my blog today, you can see that when small speculators have been heavily long, tops have occured in this market.

Gold bulls are telling people foreign countries are buying Gold and facts are facts, they are not. This would show in the COT report.

This is why I am currently bearish on this market.

[Chris Scoreboard Johnston]

C’mon atleast get my comments correct. I was not even participating or had ever heard of this blog when Gold was at $500. If you want to go back and research my comments you will see that I have been bearish mostly when the price has approached $1000. There have been other times as well, whenever the big players become heavy sellers, I usually get bearish, and get bullish when they are buyers.

One of the best trades I made this year was a long position I put on 7/13 at 881.50. I am out of that trade at this point.

Now we are in that same range, and the commercials have their largest short position in history so I am bearish again, pretty simple. I did use the word bubble last week in here for this market, but I believe that is the first time I have ever used that word, not 100% sure about that.

In my blog you will also not something that I do that virtually nobody in here does, admit when I am wrong. I have done it recently on a couple of things. If you want to attack my views, please just do it accurately.

I have said bubble this time, so if we do not make a top by Mid to the end of October, I would have to say I am wrong about this. It just seems hard for me to believe that even that big hitters like 4plex have the billions required to overcome all the large commercial players selling right here. That is what it will take to hold it up here. Only individuals are buying here so in the past that has been a reciple for large declines. If you just pull up a chart, and I will put one on my blog today, you can see that when small speculators have been heavily long, tops have occured in this market.

Gold bulls are telling people foreign countries are buying Gold and facts are facts, they are not. This would show in the COT report.

This is why I am currently bearish on this market.

[Chris Scoreboard Johnston]

C’mon atleast get my comments correct. I was not even participating or had ever heard of this blog when Gold was at $500. If you want to go back and research my comments you will see that I have been bearish mostly when the price has approached $1000. There have been other times as well, whenever the big players become heavy sellers, I usually get bearish, and get bullish when they are buyers.

One of the best trades I made this year was a long position I put on 7/13 at 881.50. I am out of that trade at this point.

Now we are in that same range, and the commercials have their largest short position in history so I am bearish again, pretty simple. I did use the word bubble last week in here for this market, but I believe that is the first time I have ever used that word, not 100% sure about that.

In my blog you will also not something that I do that virtually nobody in here does, admit when I am wrong. I have done it recently on a couple of things. If you want to attack my views, please just do it accurately.

I have said bubble this time, so if we do not make a top by Mid to the end of October, I would have to say I am wrong about this. It just seems hard for me to believe that even that big hitters like 4plex have the billions required to overcome all the large commercial players selling right here. That is what it will take to hold it up here. Only individuals are buying here so in the past that has been a reciple for large declines. If you just pull up a chart, and I will put one on my blog today, you can see that when small speculators have been heavily long, tops have occured in this market.

Gold bulls are telling people foreign countries are buying Gold and facts are facts, they are not. This would show in the COT report.

This is why I am currently bearish on this market.

[Chris Scoreboard Johnston]

C’mon atleast get my comments correct. I was not even participating or had ever heard of this blog when Gold was at $500. If you want to go back and research my comments you will see that I have been bearish mostly when the price has approached $1000. There have been other times as well, whenever the big players become heavy sellers, I usually get bearish, and get bullish when they are buyers.

One of the best trades I made this year was a long position I put on 7/13 at 881.50. I am out of that trade at this point.

Now we are in that same range, and the commercials have their largest short position in history so I am bearish again, pretty simple. I did use the word bubble last week in here for this market, but I believe that is the first time I have ever used that word, not 100% sure about that.

In my blog you will also not something that I do that virtually nobody in here does, admit when I am wrong. I have done it recently on a couple of things. If you want to attack my views, please just do it accurately.

I have said bubble this time, so if we do not make a top by Mid to the end of October, I would have to say I am wrong about this. It just seems hard for me to believe that even that big hitters like 4plex have the billions required to overcome all the large commercial players selling right here. That is what it will take to hold it up here. Only individuals are buying here so in the past that has been a reciple for large declines. If you just pull up a chart, and I will put one on my blog today, you can see that when small speculators have been heavily long, tops have occured in this market.

Gold bulls are telling people foreign countries are buying Gold and facts are facts, they are not. This would show in the COT report.

This is why I am currently bearish on this market.

[Chris Scoreboard Johnston]

C’mon atleast get my comments correct. I was not even participating or had ever heard of this blog when Gold was at $500. If you want to go back and research my comments you will see that I have been bearish mostly when the price has approached $1000. There have been other times as well, whenever the big players become heavy sellers, I usually get bearish, and get bullish when they are buyers.

One of the best trades I made this year was a long position I put on 7/13 at 881.50. I am out of that trade at this point.

Now we are in that same range, and the commercials have their largest short position in history so I am bearish again, pretty simple. I did use the word bubble last week in here for this market, but I believe that is the first time I have ever used that word, not 100% sure about that.

In my blog you will also not something that I do that virtually nobody in here does, admit when I am wrong. I have done it recently on a couple of things. If you want to attack my views, please just do it accurately.

I have said bubble this time, so if we do not make a top by Mid to the end of October, I would have to say I am wrong about this. It just seems hard for me to believe that even that big hitters like 4plex have the billions required to overcome all the large commercial players selling right here. That is what it will take to hold it up here. Only individuals are buying here so in the past that has been a reciple for large declines. If you just pull up a chart, and I will put one on my blog today, you can see that when small speculators have been heavily long, tops have occured in this market.

Gold bulls are telling people foreign countries are buying Gold and facts are facts, they are not. This would show in the COT report.

This is why I am currently bearish on this market.

[Chris Scoreboard Johnston]

How is it that the most intelligent man who has ever graced this earth does one stupid thing after another? Yet his predecessor who all you liberals called stupid did several smart things and a few dumb things.

While you are all cheering this conversion to communism/fascism just to feel like you got over you have lost sight of the big picture. Unless you are under 35 you won’t live long enough to see all the things this guy is doing get repaired once he his out. He is doing decades of damage in months on the job.

It is speculation to say what would or would not have been done with a repub at the helm. However what is happening now is the biggest disaster in the history of this great country. Snap out of your spell and listen to what he actually says, not how cutely he delivers it. The substance is beyond scary. Left or right, nobody needs somebody this extreme in either direction.

Name someone who deserves a punch in the nose more than that prentious punk Axelrod, even Cheney can’t touch him. I don’t care who I offend with political comments any more, things are getting so out of hand something needs to be done before it is too late. Wake up lefties, even most of you don’t want things as far as they are trying to take them. I also would not want them taken equally far in the other direction.

The kid who said you lie was the only one telling the truth, how ironic. Study what this health care really means on your own in a non partisan fashion, don’t just go along because you are a liberal or hate George Bush.

[Chris Scoreboard Johnston]

How is it that the most intelligent man who has ever graced this earth does one stupid thing after another? Yet his predecessor who all you liberals called stupid did several smart things and a few dumb things.

While you are all cheering this conversion to communism/fascism just to feel like you got over you have lost sight of the big picture. Unless you are under 35 you won’t live long enough to see all the things this guy is doing get repaired once he his out. He is doing decades of damage in months on the job.

It is speculation to say what would or would not have been done with a repub at the helm. However what is happening now is the biggest disaster in the history of this great country. Snap out of your spell and listen to what he actually says, not how cutely he delivers it. The substance is beyond scary. Left or right, nobody needs somebody this extreme in either direction.

Name someone who deserves a punch in the nose more than that prentious punk Axelrod, even Cheney can’t touch him. I don’t care who I offend with political comments any more, things are getting so out of hand something needs to be done before it is too late. Wake up lefties, even most of you don’t want things as far as they are trying to take them. I also would not want them taken equally far in the other direction.

The kid who said you lie was the only one telling the truth, how ironic. Study what this health care really means on your own in a non partisan fashion, don’t just go along because you are a liberal or hate George Bush.

[Chris Scoreboard Johnston]

How is it that the most intelligent man who has ever graced this earth does one stupid thing after another? Yet his predecessor who all you liberals called stupid did several smart things and a few dumb things.

While you are all cheering this conversion to communism/fascism just to feel like you got over you have lost sight of the big picture. Unless you are under 35 you won’t live long enough to see all the things this guy is doing get repaired once he his out. He is doing decades of damage in months on the job.

It is speculation to say what would or would not have been done with a repub at the helm. However what is happening now is the biggest disaster in the history of this great country. Snap out of your spell and listen to what he actually says, not how cutely he delivers it. The substance is beyond scary. Left or right, nobody needs somebody this extreme in either direction.

Name someone who deserves a punch in the nose more than that prentious punk Axelrod, even Cheney can’t touch him. I don’t care who I offend with political comments any more, things are getting so out of hand something needs to be done before it is too late. Wake up lefties, even most of you don’t want things as far as they are trying to take them. I also would not want them taken equally far in the other direction.

The kid who said you lie was the only one telling the truth, how ironic. Study what this health care really means on your own in a non partisan fashion, don’t just go along because you are a liberal or hate George Bush.

[Chris Scoreboard Johnston]

How is it that the most intelligent man who has ever graced this earth does one stupid thing after another? Yet his predecessor who all you liberals called stupid did several smart things and a few dumb things.

While you are all cheering this conversion to communism/fascism just to feel like you got over you have lost sight of the big picture. Unless you are under 35 you won’t live long enough to see all the things this guy is doing get repaired once he his out. He is doing decades of damage in months on the job.

It is speculation to say what would or would not have been done with a repub at the helm. However what is happening now is the biggest disaster in the history of this great country. Snap out of your spell and listen to what he actually says, not how cutely he delivers it. The substance is beyond scary. Left or right, nobody needs somebody this extreme in either direction.

Name someone who deserves a punch in the nose more than that prentious punk Axelrod, even Cheney can’t touch him. I don’t care who I offend with political comments any more, things are getting so out of hand something needs to be done before it is too late. Wake up lefties, even most of you don’t want things as far as they are trying to take them. I also would not want them taken equally far in the other direction.

The kid who said you lie was the only one telling the truth, how ironic. Study what this health care really means on your own in a non partisan fashion, don’t just go along because you are a liberal or hate George Bush.

[Chris Scoreboard Johnston]

How is it that the most intelligent man who has ever graced this earth does one stupid thing after another? Yet his predecessor who all you liberals called stupid did several smart things and a few dumb things.

While you are all cheering this conversion to communism/fascism just to feel like you got over you have lost sight of the big picture. Unless you are under 35 you won’t live long enough to see all the things this guy is doing get repaired once he his out. He is doing decades of damage in months on the job.

It is speculation to say what would or would not have been done with a repub at the helm. However what is happening now is the biggest disaster in the history of this great country. Snap out of your spell and listen to what he actually says, not how cutely he delivers it. The substance is beyond scary. Left or right, nobody needs somebody this extreme in either direction.

Name someone who deserves a punch in the nose more than that prentious punk Axelrod, even Cheney can’t touch him. I don’t care who I offend with political comments any more, things are getting so out of hand something needs to be done before it is too late. Wake up lefties, even most of you don’t want things as far as they are trying to take them. I also would not want them taken equally far in the other direction.

The kid who said you lie was the only one telling the truth, how ironic. Study what this health care really means on your own in a non partisan fashion, don’t just go along because you are a liberal or hate George Bush.

[Chris Scoreboard Johnston]

I am not sure who mentioned the next bubble in this thread but the next bubble is Gold. Here is why I think that.

If you look at the COT report, all of the recent buying is being done by small speculators, with the Commercials massively short this market. Commercials being hedgers do fight trends at times so this is not that unusual. However, Large Speculators who are the trend drivers have reached their max long position and the breakout has not occurred yet. This usually leads to major declines in price. This also means any breakout in price will have to be maintained by small people like you and me, buying small amounts against large players selling large amounts. Rumors of large buying by China etc are just that. If they were doing that it would show in the COT report for the cash gold market. Another bullshit story from the people selling metals investments.

Also the PPT’s manipulation with SP 500 futures to keep this stock rally going has resulted in this market being more over valued here in many ways than it was when the Dow was at 14k. They are doing it now to help them spin the story that the stimulus plan has worked and the stock market rally is proof of that.

Barry is using the PPT in ways it was not used in the past. They normally just showed up when plunges occurred to attempt to stablize things. Having been aware of the PPT for some time, I am usually able to tell when they show up and have posted some of those appearances on my blog. This has been a little tougher because they are so active it is not quite as easy to tell any more.

I would sure love to see the publics reaction if it were revealed that alot of the derivative losses with banks were PPT buy trades placed in their accounts to try and stop the stock market selloff last year. Goldman Sacks and Merril are two places rumored to be where the PPT does their trading. Is it any wonder B of A paid 50B for a company going out of business in a deal put together by the government. It is no wonder they will not reveal how the money has been spent.

He is using it to further policy, which is incredible. However, if we happen to hit a point where the funds start to sell, probably a 20 day low, even the PPT will not be able to stop it. They have been able to stop a 20 day low so far, but odds are it will happen eventually.

I am a trader not a long term holder of things. But I would have my stops close in the Metals here, that way you can keep riding this if it goes, but you will be out if a large decline occurs here which does seem likely. Those who have held this for so long have a great trade on their hands, but don’t get too greedy.

Seasonals call for a top in October, so by then it would be imperative to have close stops or be out.

I heard a bank analyst who did a report on the financial health of that sector, Chris something or another I can’t remember his last name. He rated 2600 out of the 8500 banks basically insolvent, and only gave 3000 an A in the clear rating. If that is anywhere near accurate, we still have some problems out there about to surface.

[Chris Scoreboard Johnston]

I am not sure who mentioned the next bubble in this thread but the next bubble is Gold. Here is why I think that.

If you look at the COT report, all of the recent buying is being done by small speculators, with the Commercials massively short this market. Commercials being hedgers do fight trends at times so this is not that unusual. However, Large Speculators who are the trend drivers have reached their max long position and the breakout has not occurred yet. This usually leads to major declines in price. This also means any breakout in price will have to be maintained by small people like you and me, buying small amounts against large players selling large amounts. Rumors of large buying by China etc are just that. If they were doing that it would show in the COT report for the cash gold market. Another bullshit story from the people selling metals investments.

Also the PPT’s manipulation with SP 500 futures to keep this stock rally going has resulted in this market being more over valued here in many ways than it was when the Dow was at 14k. They are doing it now to help them spin the story that the stimulus plan has worked and the stock market rally is proof of that.

Barry is using the PPT in ways it was not used in the past. They normally just showed up when plunges occurred to attempt to stablize things. Having been aware of the PPT for some time, I am usually able to tell when they show up and have posted some of those appearances on my blog. This has been a little tougher because they are so active it is not quite as easy to tell any more.

I would sure love to see the publics reaction if it were revealed that alot of the derivative losses with banks were PPT buy trades placed in their accounts to try and stop the stock market selloff last year. Goldman Sacks and Merril are two places rumored to be where the PPT does their trading. Is it any wonder B of A paid 50B for a company going out of business in a deal put together by the government. It is no wonder they will not reveal how the money has been spent.

He is using it to further policy, which is incredible. However, if we happen to hit a point where the funds start to sell, probably a 20 day low, even the PPT will not be able to stop it. They have been able to stop a 20 day low so far, but odds are it will happen eventually.

I am a trader not a long term holder of things. But I would have my stops close in the Metals here, that way you can keep riding this if it goes, but you will be out if a large decline occurs here which does seem likely. Those who have held this for so long have a great trade on their hands, but don’t get too greedy.

Seasonals call for a top in October, so by then it would be imperative to have close stops or be out.

I heard a bank analyst who did a report on the financial health of that sector, Chris something or another I can’t remember his last name. He rated 2600 out of the 8500 banks basically insolvent, and only gave 3000 an A in the clear rating. If that is anywhere near accurate, we still have some problems out there about to surface.

[Chris Scoreboard Johnston]

I am not sure who mentioned the next bubble in this thread but the next bubble is Gold. Here is why I think that.

If you look at the COT report, all of the recent buying is being done by small speculators, with the Commercials massively short this market. Commercials being hedgers do fight trends at times so this is not that unusual. However, Large Speculators who are the trend drivers have reached their max long position and the breakout has not occurred yet. This usually leads to major declines in price. This also means any breakout in price will have to be maintained by small people like you and me, buying small amounts against large players selling large amounts. Rumors of large buying by China etc are just that. If they were doing that it would show in the COT report for the cash gold market. Another bullshit story from the people selling metals investments.

Also the PPT’s manipulation with SP 500 futures to keep this stock rally going has resulted in this market being more over valued here in many ways than it was when the Dow was at 14k. They are doing it now to help them spin the story that the stimulus plan has worked and the stock market rally is proof of that.

Barry is using the PPT in ways it was not used in the past. They normally just showed up when plunges occurred to attempt to stablize things. Having been aware of the PPT for some time, I am usually able to tell when they show up and have posted some of those appearances on my blog. This has been a little tougher because they are so active it is not quite as easy to tell any more.

I would sure love to see the publics reaction if it were revealed that alot of the derivative losses with banks were PPT buy trades placed in their accounts to try and stop the stock market selloff last year. Goldman Sacks and Merril are two places rumored to be where the PPT does their trading. Is it any wonder B of A paid 50B for a company going out of business in a deal put together by the government. It is no wonder they will not reveal how the money has been spent.

He is using it to further policy, which is incredible. However, if we happen to hit a point where the funds start to sell, probably a 20 day low, even the PPT will not be able to stop it. They have been able to stop a 20 day low so far, but odds are it will happen eventually.

I am a trader not a long term holder of things. But I would have my stops close in the Metals here, that way you can keep riding this if it goes, but you will be out if a large decline occurs here which does seem likely. Those who have held this for so long have a great trade on their hands, but don’t get too greedy.

Seasonals call for a top in October, so by then it would be imperative to have close stops or be out.

I heard a bank analyst who did a report on the financial health of that sector, Chris something or another I can’t remember his last name. He rated 2600 out of the 8500 banks basically insolvent, and only gave 3000 an A in the clear rating. If that is anywhere near accurate, we still have some problems out there about to surface.

[Chris Scoreboard Johnston]

I am not sure who mentioned the next bubble in this thread but the next bubble is Gold. Here is why I think that.

If you look at the COT report, all of the recent buying is being done by small speculators, with the Commercials massively short this market. Commercials being hedgers do fight trends at times so this is not that unusual. However, Large Speculators who are the trend drivers have reached their max long position and the breakout has not occurred yet. This usually leads to major declines in price. This also means any breakout in price will have to be maintained by small people like you and me, buying small amounts against large players selling large amounts. Rumors of large buying by China etc are just that. If they were doing that it would show in the COT report for the cash gold market. Another bullshit story from the people selling metals investments.

Also the PPT’s manipulation with SP 500 futures to keep this stock rally going has resulted in this market being more over valued here in many ways than it was when the Dow was at 14k. They are doing it now to help them spin the story that the stimulus plan has worked and the stock market rally is proof of that.

Barry is using the PPT in ways it was not used in the past. They normally just showed up when plunges occurred to attempt to stablize things. Having been aware of the PPT for some time, I am usually able to tell when they show up and have posted some of those appearances on my blog. This has been a little tougher because they are so active it is not quite as easy to tell any more.

I would sure love to see the publics reaction if it were revealed that alot of the derivative losses with banks were PPT buy trades placed in their accounts to try and stop the stock market selloff last year. Goldman Sacks and Merril are two places rumored to be where the PPT does their trading. Is it any wonder B of A paid 50B for a company going out of business in a deal put together by the government. It is no wonder they will not reveal how the money has been spent.

He is using it to further policy, which is incredible. However, if we happen to hit a point where the funds start to sell, probably a 20 day low, even the PPT will not be able to stop it. They have been able to stop a 20 day low so far, but odds are it will happen eventually.

I am a trader not a long term holder of things. But I would have my stops close in the Metals here, that way you can keep riding this if it goes, but you will be out if a large decline occurs here which does seem likely. Those who have held this for so long have a great trade on their hands, but don’t get too greedy.

Seasonals call for a top in October, so by then it would be imperative to have close stops or be out.

I heard a bank analyst who did a report on the financial health of that sector, Chris something or another I can’t remember his last name. He rated 2600 out of the 8500 banks basically insolvent, and only gave 3000 an A in the clear rating. If that is anywhere near accurate, we still have some problems out there about to surface.

[Chris Scoreboard Johnston]

I am not sure who mentioned the next bubble in this thread but the next bubble is Gold. Here is why I think that.

If you look at the COT report, all of the recent buying is being done by small speculators, with the Commercials massively short this market. Commercials being hedgers do fight trends at times so this is not that unusual. However, Large Speculators who are the trend drivers have reached their max long position and the breakout has not occurred yet. This usually leads to major declines in price. This also means any breakout in price will have to be maintained by small people like you and me, buying small amounts against large players selling large amounts. Rumors of large buying by China etc are just that. If they were doing that it would show in the COT report for the cash gold market. Another bullshit story from the people selling metals investments.

Also the PPT’s manipulation with SP 500 futures to keep this stock rally going has resulted in this market being more over valued here in many ways than it was when the Dow was at 14k. They are doing it now to help them spin the story that the stimulus plan has worked and the stock market rally is proof of that.

Barry is using the PPT in ways it was not used in the past. They normally just showed up when plunges occurred to attempt to stablize things. Having been aware of the PPT for some time, I am usually able to tell when they show up and have posted some of those appearances on my blog. This has been a little tougher because they are so active it is not quite as easy to tell any more.

I would sure love to see the publics reaction if it were revealed that alot of the derivative losses with banks were PPT buy trades placed in their accounts to try and stop the stock market selloff last year. Goldman Sacks and Merril are two places rumored to be where the PPT does their trading. Is it any wonder B of A paid 50B for a company going out of business in a deal put together by the government. It is no wonder they will not reveal how the money has been spent.

He is using it to further policy, which is incredible. However, if we happen to hit a point where the funds start to sell, probably a 20 day low, even the PPT will not be able to stop it. They have been able to stop a 20 day low so far, but odds are it will happen eventually.

I am a trader not a long term holder of things. But I would have my stops close in the Metals here, that way you can keep riding this if it goes, but you will be out if a large decline occurs here which does seem likely. Those who have held this for so long have a great trade on their hands, but don’t get too greedy.

Seasonals call for a top in October, so by then it would be imperative to have close stops or be out.

I heard a bank analyst who did a report on the financial health of that sector, Chris something or another I can’t remember his last name. He rated 2600 out of the 8500 banks basically insolvent, and only gave 3000 an A in the clear rating. If that is anywhere near accurate, we still have some problems out there about to surface.

[Author]

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