Gold, Silver, And Copper Are In A Bear Market - What To Look For This Week [View article]
Correct. Last Monday...the death of gold and silver as its being called...actually saw more physical silver purchased than in all of 1998. I heard that on bloomberg. I wanted to say that in this article but I could not find a link to reference to it. On top of that, premiums are SKY HIGH on the metals now. So even with the drop in prices its more expensive in many cases than just 7 trading days ago
The Pain Of Lower Gold Prices: Barrick To Sell Assets [View article]
I think it will be delayed is all. It depends on your goals...short-term, mid-term, long-term. I have been disappointed with ABX, so they are in my proverbial dog house. AUY is my favorite. Given ABX's 50% drop in just a few months, long-termers could be getting in. Today looks like an up day again. My concern is will they be able to maintain a dividend.
Don't Panic Over The Silver Sell-Off [View article]
Im not sure. One thing to look at is sentiment. Right now, the metals (at least the paper investments that mimic them) are hated. When everyone starts to hate them, and I mean everyone...there will be capitulation...and things will head to the upside. I firmly believe this pullback is short lived...maybe a few months to a year or so...but this is temporary. Producers will go out of business at these levels now. If there is no more supply...price must go up (assuming people still want and need the product)
Don't Panic Over The Silver Sell-Off [View article]
Im not sure. Eventually supply and demand have to take hold. Im not sure what is going to happen. I read that on Monday (4/15) more silver was bought in one day than in all of 1998.
Gold And Silver Decimated Once More: Why It Happened And What To Do Now [View article]
Jim...its like that, but a lil different. Dollar cost averaging means you buy about the same amount all the time no matter where price is. If you are smart you buy when its down not up lol. Pyramids are different as you go larger down the pyramid. When you eventually sell something, you do it in reverse pyramid. Sell a lil, a lil more, even more, then unload position. This is more of a stock issue but could pertain here if you want to dump metals. To buy pyramid, yes you start small and progressively buy larger. for a 5.00 stock you may want to buy 100 shares, then 200, 400, 800, then 1200 for example to complete your position. This way, you almost always profit unless something completely tanks and never comes back. This is a long-term approach only. doesnt work if you plan to dump in a year or two or less.
Gold And Silver Decimated Once More: Why It Happened And What To Do Now [View article]
Spec---yes that is correct. When you eventually sell something, you do it in reverse pyramid. Sell a lil, a lil more, even more, then unload position. This is more of a stock issue but could pertain here if you want to dump metals. To buy pyramid, yes you start small and progressively buy larger. for a 5.00 stock you may want to buy 100 shares, then 200, 400, 800, then 1200 for example to complete your position. This way, you almost always profit unless something completely tanks and never comes back. This is a long-term approach only. doesnt work if you plan to dump in a year or two or less.
Apple (AAPL -5.8%) has hit levels last seen in Dec. '11 following Cirrus Logic's warning and a Digitimes report about declining iPad Mini shipments. Cross Research calls Cirrus' warning "a reminder of weakening demand, and the challenges around product transitions" for Apple. Tero Kuittinen, noting sub-30M June quarter iPhone sales estimates and worries about the margin impact of emerging markets promotions, thinks "several nightmare scenarios have been priced in." "The naked fear of former Apple bulls is exactly what we need just before the earnings come out." [View news story]
Just printed a three handle. After this quarterly report, the stock will have a market cap that is a lil over 2x its CASH. Really?
Gold And Silver Decimated Once More: Why It Happened And What To Do Now [View article]
Monumental, I am looking for silver itself to try and form a bottom in the $22.50-$23.25 range. Its above that now, but we need to see a bit of sideways action first. For the SLV, im looking in the 21.90-22.50 range. If we break below, my next targets will be 1225 GLD and 20.00 SLV. I am comfotable recommending long-termers add pyramid style now as I have been recommending since gold was at 1550 and silver at 30. traders and shorter term investors should wait for a clear bottom signal to maximize profit.
Record Demand Lifts Gold Prices, U.S. Mint Suspends Sales [View article]
Gold, Silver, And Copper Are In A Bear Market - What To Look For This Week [View article]
Gold, Silver, And Copper Are In A Bear Market - What To Look For This Week [View article]
The Pain Of Lower Gold Prices: Barrick To Sell Assets [View article]
New article coming out today (if they publish it) that documents the record physical sales in April despite the paper assets hurting prices.
The Pain Of Lower Gold Prices: Barrick To Sell Assets [View article]
The Pain Of Lower Gold Prices: Barrick To Sell Assets [View article]
The Pain Of Lower Gold Prices: Barrick To Sell Assets [View article]
Don't Panic Over The Silver Sell-Off [View article]
Don't Panic Over The Silver Sell-Off [View article]
Don't Panic Over The Silver Sell-Off [View article]
Gold And Silver Decimated Once More: Why It Happened And What To Do Now [View article]
When you eventually sell something, you do it in reverse pyramid. Sell a lil, a lil more, even more, then unload position. This is more of a stock issue but could pertain here if you want to dump metals. To buy pyramid, yes you start small and progressively buy larger. for a 5.00 stock you may want to buy 100 shares, then 200, 400, 800, then 1200 for example to complete your position. This way, you almost always profit unless something completely tanks and never comes back. This is a long-term approach only. doesnt work if you plan to dump in a year or two or less.
Gold And Silver Decimated Once More: Why It Happened And What To Do Now [View article]
Apple (AAPL -5.8%) has hit levels last seen in Dec. '11 following Cirrus Logic's warning and a Digitimes report about declining iPad Mini shipments. Cross Research calls Cirrus' warning "a reminder of weakening demand, and the challenges around product transitions" for Apple. Tero Kuittinen, noting sub-30M June quarter iPhone sales estimates and worries about the margin impact of emerging markets promotions, thinks "several nightmare scenarios have been priced in." "The naked fear of former Apple bulls is exactly what we need just before the earnings come out." [View news story]
A Major Fund Is Risking Hundreds Of Millions On Gold And Silver Miners [View article]
Gold And Silver Decimated Once More: Why It Happened And What To Do Now [View article]