Hi Bob, I am new to the BDI idea. I know some facts about it, how it is hard to manipulate and how it tracks consumer good costs, but could you explain more in depth what the BDI might mean for the economy?
If You Like The Automakers, You Should Love These Metals [View article]
Alcoa seems to be an okay play in China. AA's growth in China could be better but I still like the company. They create unique value for the investor in new technologies. Like for example new technologies to make cars lighter and more efficient.
Gold Pullback Begins, Natural Gas Tests First Layer Of Support, Oil Falls, Copper Rises [View article]
1330 is the key number to watch for gold. If gold bounces off it then there may be significant resistance there for a while to come. This doesn't mean we will see gold at 1600 or 1700 any time soon. Those numbers wont be seen for years.
Gold's Sharp Rebound Confirms Bottom Is In [View article]
I agree. This little spike doesn't mean anything as of 7:25 am April 26. If physical silver climbs above 25 then there may be a recovery. if it just falls to 22 or 23 again, expect lower prices. Its all about making new highs and lows. Fridays close will be interesting as well as next week.
A Review Of McEwen Mining: Any Value? [View article]
So, gold needs to stay above 1325 dollars in order for MUX to be profitable? I see gold at that level and lower. Gold higher than 1000 was an illusion. All doom and gloom sentiment, times have changed. At least for the short term. Fundamentally I am long gold. Well I will be buying silver but same thing.
Today will see a rebound, maybe tomorrow too, but we should see new lows by the end of the week. The next few months will see a larger climb up, making it look like gold and silver are headed to the moon, but chances are the rally will fall and make new lows.
There might be a decent rally. When looking at the previous two major drops in silver there were significant rallys after the drops, however the rallys also lead to new lows, which might have been a signal to get out early on.
May 2, 2011 drop and Sept 19, 2011 drop are the two I am talking about.
Gold Prices To Re-Test $1,350 [View article]
I am new to the BDI idea. I know some facts about it, how it is hard to manipulate and how it tracks consumer good costs, but could you explain more in depth what the BDI might mean for the economy?
China And India: Catalysts For The Impending Bull Market In Gold And Silver [View article]
Gold Prices To Re-Test $1,350 [View article]
If You Like The Automakers, You Should Love These Metals [View article]
Gold Pullback Begins, Natural Gas Tests First Layer Of Support, Oil Falls, Copper Rises [View article]
Gold's Sharp Rebound Confirms Bottom Is In [View article]
A Review Of McEwen Mining: Any Value? [View article]
A Review Of McEwen Mining: Any Value? [View article]
After The Crash In Gold, What's Next? [View article]
You Can Bet On Gold Glittering Again [View article]
You Can Bet On Gold Glittering Again [View article]
A Review Of McEwen Mining: Any Value? [View article]
Gold's Safe Haven Appeal Unfortunately Restored [View article]
A Review Of McEwen Mining: Any Value? [View article]
Does Silver Have A Silver Lining? [View article]
May 2, 2011 drop and Sept 19, 2011 drop are the two I am talking about.