Peter Cooper

Why Gold, If Deflation Is the Threat?

Would you stay in cash after a crash? Surely the dollar would be the next shoe to drop after a crash, and precious metals would therefore be the currency of choice? But what happens if the currency crisis is the cause of the crash? I suppose then precious metals would benefit instantly and you would not have the opportunity to short the market and then reinvest. If only life were simple, and of course we have not actually had a crash yet - where is it?

Short ETFs: Time to Buy - Not Sell

Short ETFs had a good week.

Marc Faber: Equities Safer than Dollars

MF is also now saying stocks are due for a 20% correction and that the dollar will rally. His longer view is inflation and over three years or so. At times this does look a bit like an astrologer covering all possible outcomes.

Bull or Bear Market Rally Debate About to Come to an End.

Hang on in there bears, patience will be rewarded! This rally has gotten out of control.

Dollar Nearing a Critical Level

Completely agree - just look at the 38% slump in Japanese exports - the slump has not started yet in stocks.


On Sep 23 11:49 PM ardon wrote:

> What should have happened long time ago finally happened today at
> 14.35 EST: the major indices tanked. The midday reversal was so unambiguous
> and strong that I have high confidence that it is the major reversal
> of the stock market trend. Expect a long and brutal wave down for
> equities. This shameless market manipulation has come to an end...,
> but there will be others, of course. What can be expected when the
> Fed irresponsibly give free money to greedy bankers, who have the
> nerve to tell the world that our economy is doing great, knowing
> all along that it is a lie.

One Year Later and the Worst Is Still to Come

Thank you for your kind thoughts!


On Sep 17 12:38 PM djk! wrote:

> Peter says,
> "But anybody who read the commentary on this website a year ago will
> know that it was saying exactly the same thing again a year ago,
> and those who chose instead to trust their professional advisers
> are still counting the cost.
>
> Down will come equities, commodities including oil and gold, and
> real estate. Bonds should have a last hurrah and the dollar rally.
> So why still hold some gold? This is a hedge with a limited downside
> and the asset class of the future."
>
> have you really been saying this stuff for a year? I thought you
> started on 4/13/09. You and your socket puppets missed the greatest
> rally in a dozen years. So yeah, why not short the market? You advised
> to short the market back on 4/13, boy! what great advice. Do you
> have people that actually pay you for your advice? Oh well, your
> rating continues to drop so people really are not all that dumb.
> Soon you'll be out of the top 100 and just a has been. The *suckers*
> have made a lot in the mean time.

What Gold's Breakout Means for Stocks

Stocks are already up 50%, the switch towards gold and bonds indicates an imminent correction.

Is a Crash Impending?

Very perceptive - the trouble for bears is that they have to be proven right eventually but it can be a long wait. Not necessarily that long, however, and after a 50% rally you need not be a genius to see a downturn is coming. Or will the US go to 70-80% like Shanghai? I don't see that much liquidity available. Investing now is madness and shorting common sense.

Black Monday? Sell Today as August Goes Away

Markets seem to be behaving more rationally today. Shakespeare said in one of his plays that it was better to sell three months too early than one minute too late. I think that would have left him short. Don't lose your shirt!

The Market's 'Horoscope': Downside Correction

It seems to be continuing today (Monday) and the short ETFs have gone wild, see:
finance.yahoo.com/etf/...

I think it is a ride down now until early November unless governments intervene...

Start of the Shorting Season?

Did I mention putting on short positions then? I think not.


On Aug 16 08:49 AM djk! wrote:

> I wonder how those short positions that people put in on 4/14/09
> after you declared an end to the *sucker's* rally are looking now?
> Ya think the market will "correct" enough for them to just make back
> the dough, much less a little profit? Hey Peter, predict this, Is
> it going to snow in Dubia on 12/25/09? Get it right and you might
> want to consider being a weatherman.

Why This Rally Will Continue

Profits rising due to cost cuts mean a deepening recession - what does cost cutting do to demand?

The Market's 'Horoscope': Downside Correction

Yes that could be right or they may be ahead of you and the rally reverse is already happening - but gold and silver would fall along with everything else, apart from bonds and short positions. Not that I think precious metals have that much downside - and they have a great upside to follow when the bond market tops out.

Is The Market Rebound Over?

Deflation will intensify with another stock market crash - we are far from out of the woods. But the Fed will eventually get inflation going - but very hard to know exactly when.

SKF: The Rise and Fall of an ETF Superstar

Will it not have another day now as stocks correct?