Why Does Anyone Listen To Conservative Economists Anymore? [View article]
The problem is the uniqueness of the situation. Any forecast cannot be based on past historical evidence as we have never been in the present total debt/gdp of nearly all Western nations. What we are doing is one enormous gamble. It may be that the correct policy is less austerity, but it may not. I think that the results of the Japanese experiment will be the deciding factor in present medium teerm policy. If Japan tuns into a total disaster then austerity will ensue around the western world. If however the policy medicine proves helpful all western governments will abandon austerity and print and spend.
Abegaz Good analysis, but it is possible that the money moves out of the stock market and takes advantage of the lower PM prices available. Not sure, but I think it is possible.
My humble opinion is take this one stage at a time. It is always impossible to exactly time the market. So I am watching 1520, if it breaks to the downside, then it is likely we see 1460. If this breaks 1320. Gold could reverse at any of these points (assuming that it will reverse). I am presently long physical gold and short gold futures for a neutral position. I am just waiting to take off the short futures position. My opinion is that we see 1320, but it is only an opinion and not a good indicator.
Investing In Gold: Is A Bubble Popping? [View article]
Good solid article! If demand is 4406 tonnes in 2012 and supply is 80,607,000 troy ounces for 2010-11 and there are 31,500 troy ounces in a metric ton then supply is therefore 2,558.9 metric tons for 11-12. Doesn't this make your title a little off?
Why Today's Inflation Report Is Good For Gold [View article]
The author still does not get it. Inflation and higher growth will cause gold to fall. However if we get lower growth and no inflation gold will start it's next up leg. I have just started scaling into gold at $1590 but for totally different reasons. A recession is looking possible. If true there is trouble ahead and gold will benefit. The one remaining question is if there is a recession is will gold fall with stocks initially.
Short The Euro While France And Germany Divorce [View article]
In any currency cross there is the other side. With seasonal adjustment factors clearly wrong for the US economy we may well see the US data deteriorate from here. It is tough to know how the dollar will react in these circumstances. Personally I am staying away from the cross for the next 2 months. I may well miss the move the author anticipates, but it is not a slam dunk for me!
Why Does Anyone Listen To Conservative Economists Anymore? [View article]
I think that the results of the Japanese experiment will be the deciding factor in present medium teerm policy. If Japan tuns into a total disaster then austerity will ensue around the western world. If however the policy medicine proves helpful all western governments will abandon austerity and print and spend.
Gold - The Ultimate Blame Game [View article]
Good analysis, but it is possible that the money moves out of the stock market and takes advantage of the lower PM prices available. Not sure, but I think it is possible.
Is Silver Going To Crash Further? [View article]
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Gold - The Ultimate Blame Game [View article]
Don't Trust Your Gut About Market Direction [View article]
Sell Your Gold And Silver Now [View article]
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Investing In Gold: Is A Bubble Popping? [View article]
Why Gold Might Be The Best Asset In Today's Market [View article]
Why Today's Inflation Report Is Good For Gold [View article]
Gold - Has The Bear Case Merit? [View article]
Short The Euro While France And Germany Divorce [View article]
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