19 Comments

    • ON: Fri Sep 12th 09:18 AM
      Commented on:
      The Rebirth of Gold and Silver?
      Deuxsous,

      Silver may be at a similar point to 1974-1975 but in K-wave terms, would you agree it is still somewhere in the equivalent of the 1950s?
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    • ON: Thu Sep 11th 10:41 AM
      Commented on:
      The Rebirth of Gold and Silver?
      Thanks, I follow twocents for the K-wave aspects. No need to bash on Elliott Wave, this was my unwavered position for nearly two years when silver was still in the smaller wave 4 correction in 2007: one more wave (5) up then the big correction.

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    • ON: Sat Aug 23rd 13:56 PM
      Commented on:
      Silver ETF Bull Market Remains Intact
      "SLV has been in a bull market since 2001"

      SLV did not exist until 2006.
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    • ON: Thu Aug 14th 07:26 AM
      Commented on:
      Safe Haven Investments Amid a Global Crisis
      My long term chart of platinum does not show a plunge from $500 to $100 in 1988. Perhaps you mean a $100 drop?
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    • ON: Wed Apr 23rd 04:15 AM
      Commented on:
      The Death of Gold?
      ""Look for a new "death of equities" headline, combined with your friend TELLING you to buy gold & silver (not asking, but telling), and advising you to buy some hot silver/gold mines which surely can only go up...that would be the top."

      Did that even happen at the height of the 1970s bull? I doubt it.

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    • ON: Tue Apr 22nd 08:55 AM
      Commented on:
      The Death of Gold?
      Yes, I sold my speculative positions and some ounces but still retain a core position which is a long term buy and hold.

      This is not the "death of gold" as I wrote in the sense that we enter another 20 year bear. No, but I am wary that this 7 year bull is long in the tooth and a correction bigger than we have seen so far will pounce.

      So be cautious about your confidence. The bull isn't over in this 30 year bull market, but corrections happen, sometimes bigger than we expect.
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    • ON: Thu Apr 17th 09:26 AM
      Commented on:
      The Bull Market is Off and Running - Again
      You may produce a bullish elliott count on gold, but one for the HUI?

      Surely the two must correlate to a good degree?

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    • ON: Wed Mar 5th 07:29 AM
      Commented on:
      Predicting the Silver Top
      Yes, we still need to see total net commercial short positions to reduce before we can say "capitulation&quo... But they can't hold out for too long.
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    • ON: Thu Feb 28th 12:18 PM
      Commented on:
      Silver Now Outperforming Gold
      EE, I have read Butler extensively. No need to check out the top shorts. The net commercial short position which Butler USES as proof of a manipulation clearly declined months before the last spike in 2006. The top shorts may have tried to maintain their big short positions (proof?) but they were fighting against a tide of short covering.
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    • ON: Thu Feb 28th 11:13 AM
      Commented on:
      Silver Now Outperforming Gold
      I am not saying a blow off at $20, I said "$20 and beyond". You can forget about $200, that is years away and requires an inflation crisis similar to 1980 (which will come don't worry!).
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    • ON: Thu Feb 28th 10:54 AM
      Commented on:
      Silver Now Outperforming Gold
      Also remember the 16:1 ratio wa a government decree for centuries. Since WWII, 16:1 has only been touched twice.
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    • ON: Thu Feb 28th 10:50 AM
      Commented on:
      Silver Now Outperforming Gold
      Look at the charts for 2004 and 2006, run ups in silver cannot be sustained for anything but months! Don't hang onto the talismans of 1980, it is not written in the skies that silver MUST beat $50!

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    • ON: Mon Jan 7th 11:32 AM
      Commented on:
      Value of Gold Over the Ages
      "Just look at the performance of gold during our last deflation in the Great Depression"

      Gold did nothing until 1933 - it was fixed by government decree at $20 per ounce. Roosevelt then inflated the money supply and gold was refixed to $35 in a day! Pity no one could profit from it since he simultaneously banned private ownership of gold.
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    • ON: Mon Jan 7th 10:31 AM
      Commented on:
      Value of Gold Over the Ages
      I think it was on the Daily Telegraph on a recent GATA email. Don't know where they got it from.
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    • ON: Mon Jan 7th 10:24 AM
      Commented on:
      Why Technical Analysis is Nonsense
      So the big boys don't use technical analysis? Going by the subprime mess and the various other big mistakes they have rode up and down (dot com bust?), whatever they are using it ain't much better!
      View article »
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