---
title: "Market Tells"
url: https://independentstockanalysis.com/market-tells/
description: "I was away from the computer screen during the Friday market drubbing, but you can be sure I noted the gold stocks (and UPL) were flat on the day. Perhaps…"
published: 2012-10-22
updated: 2012-10-22
---

# Market Tells

Published 2012-10-22

Posted on

by

J.J. Butler

I was away from the computer screen during the Friday market drubbing, but you can be sure I noted the gold stocks (and UPL) were flat on the day.

Perhaps the title of this worthwhile essay should have been “**Buy Gold**“: Will central banks cancel government debt? [FT Alphaville](http://blogs.ft.com/gavyndavies/2012/10/14/will-central-banks-cancel-government-debt/#axzz2A2eyyXDv)

Gold And Silver Correction Will End Over The Next 2 Weeks at [Iacono Research](http://iaconoresearch.com/2012/10/22/gold-and-silver-correction-will-end-over-the-next-2-weeks/).

If you enjoyed Grant Williams presentation from Saturday, you’ll also like [Extraordinary Popular Delusions And The Madness Of Markets](http://www.youtube.com/watch?v=b4zOAHoncF0).

The precious metal royalty stocks are insulated from shocks like “In consideration of the near-term challenge of dilution for the remainder of 2012, the Company revises its 2012 annual production outlook down to…”. This regular gold stock occurrence which hit [GORO](http://finance.yahoo.com/news/gold-corporation-reports-third-quarter-200400149.html) last week.

Billionaire Frank Giustra: Gold will be the final bubble from [Mining](http://www.mining.com/gold-is-the-ultimate-bubble-58076/?utm_source=digest-en-mining-121018&utm_medium=email&utm_campaign=digest).

WEIMAR: Here’s What We Know About The Hyperinflation Horror Story That Haunts Europe Today at [Business Insider](http://www.businessinsider.com/weimar-the-real-story-of-the-devastating-collapse-that-haunts-the-eurozone-today-2012-10?op=1).

Gold & Gold Stocks Readying for Upturn Against Stocks at [Kitco](http://www.kitco.com/ind/Trendsman/20121012.html).

[Peter Brandt’s](http://peterlbrandt.com/special-chart-analysis-of-the-u-s-stock-market/) extensive Special Chart Analysis of the U.S. stock market concludes “the chart construction indicates the market is poised for a significant trend (move).” Perhaps it’s too early, but Adam Hamilton wrote Stock Bull Topping at [Zeal](http://www.zealllc.com/2012/bulltop.htm).

I saw little mention of it, but the big news while I was away last week was supposed to be China’s GDP number. China Growth Suggests Economy on the Mend at [Business Week](http://www.businessweek.com/articles/2012-10-18/china-growth-suggests-economy-on-the-mend).

Kass: Technology Breaks Down [The Street](http://www.thestreet.com/story/11742548/1/kass-technology-breaks-down.html). Nasdaq Losing 2012 Lead Fast from [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/10/19/nasdaq-losing-2012-lead-fast.html).