Jason Hamlin

Five Reasons Gold Will Move Higher

I agree that we are likely to get a correction in the near term. However, this could also be the start of a vertical move in precious metals where prices continue making new highs for several months. This happened in 1979-80 and will likely happen again during this bull market. Whether or not we are there is up for debate, but the point is that these type of moves are possible and could care less about technical analysis, overbought conditions, catapult formations or ratios. When a significant amount of money moves into a relatively small market, you can toss all of that nonsense out the window. Time will tell.

Four Major Developments Gold Investors Should Watch

How insincere to paraphrase and leave out important context. Do you work for Fox News or something?

COMEX Commercial Traders Have Taken the Largest Net Short Position Against Gold & Silver Ever on Record...

...it is interesting to note that the commercial net short position increase was actually less than the increase in total open interest. In other words, despite taking record short positions against gold, they were unable to absorb all of the buying pressure. This is further evidenced by the fact that gold has held onto recent gains and continues hovering around the $1,000 mark.


On Sep 15 04:36 PM User 377624 wrote:

> "COMEX Commercial Traders Have Taken the Largest Net Short Position
> Against Gold & Silver Ever on Record ... While this news is usually
> very bearish ... My takeaway ... is that the news is bullish..."
>
>
> Who are you trying to convince?

Four Major Developments Gold Investors Should Watch

I believe you and I regularly check gold priced in several currencies.

This article focuses on relatively new developments in the gold market. The dollar is the obvious key driver of the advancing gold price, so I didn't feel the need to re-hash that point.

Cheers


On Sep 15 08:21 AM chap08 wrote:

> You could delete your 4 items and replace them with one: the dollar.
> If you don't believe me, take a look at the gold price in a range
> of other currencies.

Four Major Developments Gold Investors Should Watch

This is simply not true axelrod. The vast majority of investors have little or no gold in their portfolios. Walk around the streets and ask Joe public if they know how to invest in gold, what the gold price is or why owning gold is important. You will get blank stares.

If/when there is a rush into gold, it will overwhelm the relatively tiny market and push prices much higher.


On Sep 15 09:15 AM axelrod608 wrote:

> I've often heard that the time to buy anything was when there were
> no buyers left and the time to sell anything was when everyone was
> buying. These days every cabbie, every shoeshine boy and every waitress
> is giving unsolicited advice to "buy gold". That may not constitute
> fundamental research, but it has been on my mind. I don't have an
> answer other than to hedge every dollar I have in gold.

Four Major Developments Gold Investors Should Watch

Exit strategy? What is that?

I use stop limits to protect capital and I diversify my portfolio. This mitigates my risk.


On Sep 15 08:32 AM Jordan Lindsey wrote:

> As a trader my primary concern is risk. You seem to only be concerned
> with the possible reward side. What happens if your magical $1,000
> price level does not hold? What is your exit strategy? You do have
> an exit strategy right Jason?

John Paulson Piles into Gold; George Soros Sells Petrobras and Potash

Oh and you should mention how gold doesn't pay interest or dividends either. I love that logic. Woe is me, with my 30% gain and no dividends, while you get a few percentage points and dividends.

John Paulson Piles into Gold; George Soros Sells Petrobras and Potash

I'll take that "useless and superstitious" investment that has returned on average 30% per year over the past decade (and much more for mining stocks). I guess I will defy logic and remain irrational all the way to the bank.

It is hilarious when gold bashers still have the nerve to talk bad about the metal despite it being the best investment class over the past 8 years. Brilliant maestro!

The Safest Ways to Invest in Gold and Silver

Peter,

Seabridge Gold (SA) and Semafo (SMF.TO) are my favorite juniors.

The Safest Ways to Invest in Gold and Silver

Thanks for the comment. Physical ownership works for you and that's fine. I think it is a great idea. But it is not for everyone. While I realize there is some chance of default with CEF or GTU, I am simply pointing out that the chance is far less than with other gold investment vehicles. And, it outperforms them to boot.

If your worst case scenario comes to fruition, I imagine there will be some warning from the U.S. and time to get out of Canada before they do the same, as opposed to the countries syncing confiscation activities. But I could be wrong. Maybe putting your eggs into different baskets is the safest option. House gets robbed and you still have CEF. Canadian government confiscates CEF gold and you still have your physical bullion.

Anyway, best of luck to you.


On Dec 17 07:28 PM User 30121 wrote:

> Jason, Jason, Jason:
>
> I will take umbrage with your advice. First, putting ANYTHING of
> value in a safety depost box in a banking institution is INSANE,
> period. Reason: Should Obama decide to do away with the owning of
> gold (or anything of value) the FIRST place to be ransacked by your
> government is safety deposit boxes. Telling UNEDUCATED investors
> to buy ANYTHING of value using PAPER as their proof of wealth is
> also INSANE, and is a disgrace coming from you, educated on such
> matters. PHYSICAL OWNERSHIP is the ONLY way, period. Paying premiums?
> Well, one must shop for ANY items of need or want, right? Same with
> gold and silver. At this writing, we are at a time when buying precious
> metals is a MUST. Prices are at basement levels. If you think not,
> just wait a few weeks. Before the first pitch of baseball season
> 2009, gold will be four digits. The only question is what will be
> the FIRST digit???
>
> Oh, I have to safeguard my gold and silver? Fine. I can do that.
> Oh, maybe someone will rob me, huh? Well, I have educated myself
> about the firearms I have in my home, I have a concealed weapons
> license, I go to the firing range at least monthly. So I feel confident
> I can protect my family, AND my other precious items. Be careful
> of the advice and recommendations you dole out.

The Safest Ways to Invest in Gold and Silver

Investors are willing to pay the premium as they perceive GTU to be a safer investment. And while it is a larger premium than GLD, GTU continues to outperform, which makes the premium less relevant in my eyes. GLD has been marketed better and is way more popular, but is not the better investment option.


On Dec 17 11:49 AM Internet2k4 wrote:

> I don't understand the premium to NAV for GTU over GLD. I've been
> in and out of GLD for years, and it always tracks close to the spot
> price for bullion. Lately I'm using the double-long/short ETFs instead,
> which are volatile by design, but what is it with the huge markup
> for a trust that simply holds the metal? Do they spin it from straw,
> like Rumpelstiltskin?
>
> As I write, GTU is up 10.75% today while GLD is up only 1.17% (?)

Gold Technicals: Will We See a Correction or $1,080?

Subster,

Gold is overvalued when it takes only one ounce of gold to buy the DJIA. For example, in the 1930s one ounce of gold at $35 bought the DJIA, and it did so again in 1980 when an ounce of gold was $850. Though this ratio has fallen from over 40 ounces in 2000, it still takes 15 ounces of gold to buy the DJIA, meaning gold is still relatively good value.

What's Gold's Next Move: Correction or $1000?

go to goldstockbull.com and enter your email address to receive en email everytime we publish a new article. thanks for the feedback!

Wednesday's Selloff Leaves Market On Weaker Ground

excellent article and analyses. keep up the good work sir.

Our Favorite Stocks to Watch as the Gold Bull Kicks Back into Action

I am not avoiding silver. I am a huge fan of Silver Wheaton, which is a pure play on silver and included in our list of recommended stocks. I read both Ted Butler and Jason Hommel and agree that silver has some promising fundamentals. However, I expect gold to outperform silver during recessionary periods, which we should be approaching soon (despite rate cuts). Gold is more widely seen as a store of value and hedge against a declining dollar, while silver's price rise may be somewhat suppressed by declining industrial demand from a cooling economy, particularly developing nations. I could be wrong, but those are my thoughts.

Gold and Silver Bells Are Ringing

yawn. bravely anonymous.

here are the facts:
we have provided free analysis highlighting stocks which have beat the market by over 20 points. over 30 points including NTO. but you keep conveniently ignoring these facts and cherry picking the one time we gave neutral sentiment on a profiled stock. all of our picks are clearly posted on the site to back up our claims.

www.goldstockbull.com/.../

both FRG and NTO were up 143% when we wrote the article. and we did call the bottom of NTO around $3.75 and stated that the technicals had turned bullish. here were our exact words:

..."forming a descending triangle pattern. This pattern often forecasts a breakout and should be seen as bullish with clear support around $3.75. This support line has been tested three times over the past year and has held every time. Although it is still early to confirm, technical indicators are turning North for both the RSI and MACD, confirming the bullish sentiment."

so regardless of whether we took a position at that time, investors who saw the bottom and bullish signal that we pointed out and decided to buy NTO, made out very well. but i suppose we should not take credit for any of that. and NTO aside, every other company we profiled had a clear bullish signal from us and contributed to our success at beating the market by over 20 points. but i suppose we don't get credit for any of those other 15 picks either and readers shouldn't take our analysis seriously. whatever.

now please, walk away from the computer, get some fresh air, spend some time with your kids, make love to your wife and quit nit picking, making false claims and blowing things out of proportion. anon the internet vigilante.