Jim Kingsland

Ignore the Hype - Gold as Currency is Dead

Chris B... forget about the forgery argument. Buy only coins that are encased by PCGC, or NGC -- the two primary coin grading services. They can detect forgeries in their grading process. They also buy back coins if they miss something. No need for paranoia. Just breathe in deep now.. take a big breadth, exhale, calm down, repeat again. That's it.

The Oversold U.S. Market Gets Even More Oversold

short sharp rallies at best in this market... 10 day moving average will pose great resistance to the upside and likely prove to be limit up. 20 day run? We'd need to see some great fundamental news like housing bust and recession cancel which is not going to happen. S&P 1300 getting much attention as a round number objective, but go back a few years and realize that a major bottom was put in at the 1220 range. WIth the insolvency problems we face, credit crunch, etc.. way too soon to look for a big market rebound. dot.com implosion should have taught everyone that markets can stay "oversold" for a long time.