How Will Radical Change in Gold Markets Affect Gold Prices? [View article]
Nice article; well thought out and laid forth. However, The "new" fiat monetary creation I don't feel was addressed to satisfactorily give reason for golds near future value. What has been going on for quite some time by the Fed/Treasury and past 3 administrations, and let's not forget Congress (the Barney-Pelosi syndicate) where no one knows what's going on, and obviously doesn't know how to fix or lead. Considering this and all the other re-sets out there getting ready to manifest, I would tend to historically, intelectually, pragmatically, financially, and with imparted wisdom of experienced minds eons beyond mine embrace gold as a consequential substance of key value !
I think Mr. Kasting's thoughts are well presented, cogent and realistically objective. As a "gold-bug" kinda trader I expect upward trending fits and starts in the "gold market" in general, though I definitely expect that market to ultimeitely extend much longer, and much higher than his inference high. So many financially, CRITICALLY salient issues and intricasies remain unknown and clouded in the influencing life-aspects of corporate america(read---the Global Big Eight) that ARE adverse. These are not being dealt with for the most part by those responsible i.e.Corporate leadership, currently residing politicians in Congress and it's around-the-world followers, and unequivically not the White House Keynsians'. Gold does allow for positive financial opportunity in my considered and very humble opinion, but, due to the vagaries, manipulations,et. al. it should not be relegated as buy and hold financial philosophy panacea or valhalla. If Washington implements its' agenda gold (keep it hidden and, or offshore) will be above $2000.00, social unrest will be common, and the United States of America will be a SECOND tier country.
Alon USA Energy: Beaten Down, But Not Out [View article]
One of the "Fast Money" threw this curve 6 days ago and I was foolish enough to take the bait, yec. In at $11.00 and now sinking fast below $9..... MSNBC/AKA "carney speak". But, I suppose "stupid is as stupid does" da! "To Hold or Not To Hold That IS the Question". Any knowledgeable thoughts?
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