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  • Frank Holmes: China Is the 800 Pound Gorilla of Commodities Demand [View article]
    Im going to Short copper and Steel.... OIL ....

    end of year they will all be MUCH lower ..if not this year then for sure in 2010
    Aug 04 17:04 pm |Rating: 0 0 |Link to Comment
  • Yamana Gold's War Chest and Potential Acquisitions [View article]
    so your the one who pumped osisko rumor and it is at 52 week highs? Lofl I aint touching it at these levels
    Jun 22 01:02 am |Rating: 0 0 |Link to Comment
  • How Investors Can Trade the Dollar [View article]
    Author..... the problem with RIO and BHP is their stock prices have soared due to China stockpiling... the question is when China is done buying ( and they may already be finished ) WHO is going to carry those companies? The shippers got KILLED last week on these concerns. I would have to wait for better entry into those stocks as I know the weak dollar and China has given them moonshots but I am not sure they can sustain those levels anymore....the last week or so has shown alot of money moving out of commodities due to China concern... In the LONG run? Sure you have to like them. But nobody knows how long this recession is going to last stimulus or not....which makes getting into these plays at current levels riskier than I like...I know they will come back but don't want dead money for any lengthy period of time... I think Oil may hang tough for summer but it may head back to 50's after peak driving if the dollar doesn't get trampled in the next month or 2....GL
    Jun 21 21:33 pm |Rating: +1 0 |Link to Comment
  • How Investors Can Trade the Dollar [View article]
    With the printing of huge amounts of dollars logically the currency is falling. But then you have to wonder, who is going to start printing money next? If consumers around the world don't spend/buy then my guess is every country ( with the exception of those with great balance sheets ) will have no choice but to print money as stimulus. And if that happens suddenly the balance sheets are not looking so great based on the GDP . So I am naturally dollar bearish but at the same time another market crash and hints of further stimulus from emerging markets and other major players could very well send the dollar up 10-15% ... However, if we truly are in recovery mode and those green shoots are not mirages, the Dollar is in for some pain.
    I laugh because the FED is trying to stimulate the economy but seems to forget the Dollars correlation with oil and consumer spending. If consumer spending is 2/3rds of GDP, and all this printing of money is raising oil prices and thus gasoline prices, then how exactly is the average American going to have extra money to spend on non discretionary items? I know I am not looking to buy a car anytime soon even with fantastic deals...nor am I looking at new shoes or a TV or computer or golf clubs...... all of which their prices have fallen to enticing levels. I have to worry about having money in the bank in case I lose my job or if things are slow for a protracted amount of time...and I think most people here in the US are in my camp. Green shoots? I just don't see them . not yet anyway..maybe we will in 2010..that is my hope anyway.But even if we do I will be frugal at least the next 2 years as will most of the people I speak with. GL people .
    Jun 21 21:26 pm |Rating: +2 -1 |Link to Comment
  • Gold and Silver About to Hit Resistance [View article]
    good call slow lane
    Jun 03 12:17 pm |Rating: 0 0 |Link to Comment
  • Gold and Silver About to Hit Resistance [View article]
    Gold support now is in the 865-875 range not 900
    May 15 18:46 pm |Rating: 0 -1 |Link to Comment
  • Is This the Death of Gold & Silver Stocks? [View article]
    Gold has gone WAY WAY up the last few years as the dollar went into the toilet ...so the recent pullbacks are still not quite reflective of the possible downtrend if the dollar goes back to the 120- 130 euro.... do you remember the Euro was worth about 80 cents not that long ago

    thus the huge spike over the years in Gold. I think Gold goes to a minimum of $750.00 after the demand season and possibly before it....and could go as low as $675 if the dollar hits 120.00 Euro
    Sep 02 23:47 pm |Rating: 0 0 |Link to Comment
  • Is This the Death of Gold & Silver Stocks? [View article]
    Not dead ... no as currency markets are crazy. BUY the dollar is clearly rebounding and tha tis NOT good for gold whether demand is up or not. Gold stocks are not the same as Bullion and I would just set tight stops on stocks like AUY when they get to the 9.50 or less range for an upswing and that could be as early as tomorrow.
    Sep 02 23:43 pm |Rating: 0 0 |Link to Comment
  • Good Times and Bad Times in Gold [View article]
    Gold may be in for a downslide if the dollar keeps getting stronger. I bought Yamana at 14.08 and thought it was a steal...sold it at 13.68 because I had a bad feeling. I can pick it up now in the 12.80 range and may do so but now I am watching the news about dollar/inflation/...wh... seems to dictate what gold does + -
    May 03 15:47 pm |Rating: 0 0 |Link to Comment
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256 comments
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