Brian in Montreal

Friday Outlook: Commodities, Emerging Markets

It's getting chilly up here. Great charts, Scarey too. Even Gold and Oil got hammered, not good, especially if your Canadian or Australian.

Stock Prices Could Move 'Faster Than the Speed of Light'

Agreed, Crazy, as delicious as Financial stocks were today, there were about 300 million LEH reasons traded Friday to leave a very bad taste in almost every traders mouth.
Who didn't think LEH was worth more than Bear Stern's $10. Oh, that would be Paulson. NOW after that little lesson is a couple of days old, Banks are worth 10% more in the final hour of trading, OK , I'll back up my truck, right after Paulson. And why the Hell would anyone even buy gold when banks are so cheap ?

PS Don't forget to hit Sell after you hit Buy, or is it Buy after you hit Sell, I can't even remember what I hit at 3:59...I really need afterhours trading so I don't have so long to remember...

Short-Term Correction in the Commodities Bull Market

and read Kitco.com J Nadler, pretty even handed in his comments. Saved me from betting everything on black or gold this summer.

Short-Term Correction in the Commodities Bull Market

Ok I'm a gold bug and I also love to short gold stocks, have the best of both worlds, hold the physical and short the paper stuff is the theme I like the best. Almost every time gold drops 3% the stocks drop 6% sometimes 10% (don't believe me look at todays numbers for GDX and GLD, the reverse when thinks go up), think about that for a moment. Cheers, Brian.(disclosure: long and short)

Gold (and Gartman) Haunting Some Investors

Sorry, I forgot to add my favorite site for Gold commentary, Jon Nadler Kitco.com

Gold (and Gartman) Haunting Some Investors

When talking about AAPL before earnings one thing to do if your expecting a disappointment is to buy puts.

I would do things differently for gold. The shares seem to move faster, and the reasons to hold gold seem to be reasons not to hold the stocks.

So I have had success with DZZ, but more with HGD.to it's the double inverse of XGD.to (TSE gold stocks basket) there is an HMD.to (Mining in general) and HBD.to (bullion down) but until recently the volume was terribly light. (also for fun HOD.to oil down HED.to oil stocks down)

Then when the gold dust clears, take your profits and you still will have your gold.

Thursday Outlook: Commodities, Emerging Markets

Opps, Wall Street got a hangover, sorry (I even proof read it, to fast).

Thursday Outlook: Commodities, Emerging Markets

Dave, Apparently Wall Street got (according to Bush, what an expert) and they are now hungover.
So why is the FED still pouring on the Booze !?!?!
Bush and the oil boys must just love this party so much they don't want it to end.
I guess the Democrats get to turn out the lights. I bet that's not going to be pretty ?!?!?!

Wednesday Outlook: Commodities, Emerging Markets

Thanks Dave, I thought I was losing it yesterday especially between 2 and 4pm, I was mostly watching AAPL do an impressive comeback, and I thought it would finish weak. Even worse, most of the out of the money puts (for protection) closed negative even though AAPL was down $4. Large volumes too, I guess nobody needs protection any more. The morning prices were'nt great either of course but that I expected from Wall Street.

Gold's Short-Term Uptrend is Broken

Hopefully back up later, but like the Dollar did, now gold has broken short term support. \i mentioned on another article, it's been fun shorting the gold stocks after Asia buys Gold and New York starts selling it.
My amateur take at the coffee machine was that the same guys who pushed up google to fast, did the same thing to Gold and Commodities. These markets are probably childs play for the big boys in New York. So look out if they decide to get back into Google, Rimm, and AAPL .Cheers, Brian.

Is it Finally Time to Sell Gold and Related Mining Stocks?

Checkout Kitco.com You can buy everything there and get great commentary. I like to sell gold stocks after the morning run up, after Asia buys gold and New York starts selling it.

Wednesday Outlook: Commodities, Emerging Markets

With all that New Money why not just buy Canada, we have plenty of Gold,Silver,Platinum even diamonds for drilling oh ya oil too...and The Snow is Still Free...2 feet just last weekend...
everbank.com has Canadian dollars too...and Kitco.com here in Montreal has Gold, Platinum and Palladium accounts...

Deutsche Bank First to Market with Leveraged, Inverse Gold ETNs

TARIK is right, but as 86999 pointed out the volume is also important. The Canadian BetaPro funds (also have Mining and Financials) which I often use are all different when it comes to volume some have a scary low volume like singe digit - x,000s - shares a day, less than I would want to trade, if your in for a day you might find you in for a week or at the mercy of Canadian market makers (I feel that way even on the higher volume funds some days) who I would expect to have more control than a high volume U.S. market maker. Cheers, Brian.

Commodity Analysts Believe the Party's Over

Wow, How can you all right off a drop in commodities like gold, when demand could drop significantly in not just the USA, but now europe and even Asia. India is widely reported to be turning in gold as are Americans (Maybe to pay for those other things like food and mortages). Since GKM mentioned Gartman (Bigger Gold Bug than myself), maybe some of you are aware of his declaration that he lighten-up (50%) of his Gold positions. There are even a few market bears who covered their shorts. You know why ? There are no profits until they're taken. Many Gold sites I visit (kitco.com, #1 for me) are warning about a POSSIBLE pullback, ya it's possible. The banter reminds me of the Stock blogs where everyone is convinced when the $2 gold stock goes to $20 that it just has to go to $200, then it hit $.20 This is not investment advice: there has been alot of money made everyday after the gold and gold stocks open High and Fallback (I've done it even as an amateur, it's not rocket science when something goes up to far to fast). I admit nobody has seen the blow-off top occur either. I can't help but think Gold and Commodities are now being targeted by the same hedge funds in NYC and Baystreet who love to pump and dump any Bubble they can profit from (just look at the last half hour of friday's stock markets) and they do take profits eventually by selling and selling and selling some more (we may see this in Platinum first, if we're lucky enough to get a warning). That's my 2 cents from Canada, a resource loving country to boot, so be more careful and more open minded.

Gold's New High: A Round Up of Views

Warning Reprint, but not from CNN.com,
Here's somthing else to chew on,

Gartman is selling gold, and I thought he was pretty smart when he was just buying it !

Kitco.com or kitco.ca for us canadians, for the real prices of precious metals. I'm on their site often.

Cheers, Brian in Montreal, and it's no safer up here just colder.