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  • Correction Ahead In Gold [View instapost]
    My biggest fear going forward into this week is the vote in Crimea. Most likely the vote is going to go for Russia and thanks to our nosy foreign policy we will be stuck again with a foreign conflict we had no reason to get into. Except this time, thanks to Russia being involved we can expect media to play this up to high heavens and feed of the cold war rhetoric.

    I fear if this thing drags on gold may punch out without having a retracement. Where are those institutional dumps of 2013 when u need them lol.
    Mar 10 01:31 PM | 1 Like Like |Link to Comment
  • I Am Fading This Gold Mining (GDX) (GDXJ) (NUGT) Stock Rally & Buying DUST On Dips [View instapost]
    I largely agree with you Robert. I actually thought gold will test $1360 before dropping to $1280. The fact that it almost got there and GDX refused to break out while DUST seems to hold above $19 shows me this is not sustainable. Furthermore COMEX kinda shows absence of both bulls and bears as compared to the last year, implying that both parties are not confident at this point and market is moving more on news like Ukraine. If that does not escalate (or barring any other crisis) gold should drop. Worst come to shove bulls manage to eek-out another push and encounter glass ceiling at $1390. DUST at $16-17 will be a steal then.
    Missed out on the last NUGT ride, hell if I'm missing this one. I'm keeping my core DUST shares at $21. Will add if gold breaks down below $1330 or if DUST starts approaching $16-17 area. Looks like a winning strategy either way.
    Robert, any thoughts about this whole ride in gold being a dead cat bounce? What are your thoughts for the gold going forward into 2014? Could this be a big-fix to completely destroy bulls? Do you think we will see gold at $1100 or $2000 going forward?

    Do you have any gold nuggets to share like NQ? Wish I'd held that since you told about it. Almost 100% since.
    Mar 3 11:06 PM | Likes Like |Link to Comment
  • Gold & Miners (GDX) (GDXJ) (NUGT) Finally Have A Down Day [View instapost]
    The crystal ball of one Robert Edward... as always, I still want it!
    Feb 19 07:31 PM | Likes Like |Link to Comment
  • DGAZ - Buying On Dips [View instapost]
    So how does this affect the aforementioned? I'll admit I find these particular stocks a bit confusing. Usually trade gold, but want to diversify into other commodities (i.e. energy), however, still trying to get my brain around all the indicators and how should I read them. Any advise/info is appreciated.
    Feb 18 01:22 PM | 1 Like Like |Link to Comment
  • Gold Miners Have Topped Out - Hard Reversal Coming [View instapost]
    Irrational is the word. Especially when it comes to miners. Who in their right mind invests so heavily when miners are reporting horrendous losses on their Q4's at right about now. Even if you buy on future prospects, what is happening now is just MAD WORLD!
    Will be adding on dips to DUST. $1360 has to be the ceiling if it gets there. DUST at $16-$18 will be irresistible, with a potential pop back to $24 and above.
    Feb 18 01:17 PM | Likes Like |Link to Comment
  • DGAZ - Buying On Dips [View instapost]
    Thx for all the info. Keep up the great work!
    Feb 17 01:00 PM | Likes Like |Link to Comment
  • DGAZ - Buying On Dips [View instapost]
    Where do you expect DGAZ to top off? How long do you expect it to be bullish?
    Feb 16 09:35 PM | Likes Like |Link to Comment
  • Mr. Market Discounts Petrobras 50%, Time To Buy [View article]
    Feb 16 08:48 PM | Likes Like |Link to Comment
  • Petrobras plunges to eight-year low in Brazil [View news story]
    LOL China has been buying all the gold in the past years. How funny/ironic would it be if one day Chinese govt. comes out and ties its currency to gold standard? Overnight US debt goes from the triple A to complete junk and worth less than the paper its printed on.

    My fear now is that Yellen gets spooked by bad economy and we are back on track to printing green toilet paper. Sure it would be fun for a while till the party lasts, but boy would hate to stay green when sobering period comes. My hope Bernanke locked her into tapering.
    Feb 5 03:14 AM | Likes Like |Link to Comment
  • Mr. Market Discounts Petrobras 50%, Time To Buy [View article]
    If we are too liberal, why is it that our debt always explodes under so called conservative party? Go back in years and check who was in power each time our debt exploded and when it was reigned in. I have no love for democrats, but republicans lost the right to call themselves conservative long time ago. A party of millionaires and hillbilly-racist-tea'p... Most of my friends that used to call themselves republicans are ashamed to do that in a group anymore. What we need is return of the sensible republicanism like California Gov. Jerry Brown.
    Feb 5 02:46 AM | 1 Like Like |Link to Comment
  • Mr. Market Discounts Petrobras 50%, Time To Buy [View article]
    Not that tough yet, and only because our country is way richer. But I tell you, every day I see more and more gated communities springing up and college kids with BA's and MA's competing for 10$/h jobs. We're not at the Brazil yet, but for the past 30 years we have definitely been heading there. If you do not see it, than you're probably one of those living behind the gate!
    Feb 5 02:36 AM | Likes Like |Link to Comment
  • Why MasterCard Is Still The Master Of Its Industry [View article]
    Short term, no, no threat. Too volatile and it's nothing than an interesting experiment at this point. Long term too early to know but definitely watching it.

    My own personal bias as a consumer: I have little faith in a currency that has nothing backing it. I have even less faith that bitcoin as a currency can not be manipulated (after all we are taking about a digital product). And lastly, I honestly believe when push comes to shove, just like oil resist green tech, big players will do everything they can to hamper it. I believe China already banned it. So at best I see a bumpy road for it.
    Feb 4 06:54 PM | Likes Like |Link to Comment
  • Should You Buy Into MasterCard's Sell-Off? [View article]
    Added at $73.80 and will continue adding on dips. If by some miracle it get to $65 range, will jump in full breath, but anything close to $70 starting to look very attractive.
    Despite economic hurdles world wide, plastic is going to be ever more common around the world. As China switches to consumer economy it becomes no brainer it will become a credit society just like US. Long term, MA only got its feet wet yet. Still enormous growth prospects around the world with one of the best established and trusted names. And if they are investing heavily into marketing that only signals to me they are aggressively looking for expansion vs AXP who sits on more cash. I'd rather see a company taking aggressive stances and investing rather than being passive. I love amazon and solarcity for that and believe ultimately most investors reward companies like that overall.
    Feb 4 02:08 PM | Likes Like |Link to Comment
  • Why MasterCard Is Still The Master Of Its Industry [View article]
    Long term, it is good news for MA, - I think. China's incomes are rising, economy is shifting to consumer economy (that's why it is slowing). Now imagine a billion credit card consumers released upon a market (or just a fraction of it). Company that is positioned in international market and focuses on credit will reap the most rewards. So long term, I think this will be a gift to MA investors. Consumer China, - just the thought of it makes me orgasmic, oh please yes!
    Feb 4 01:34 PM | Likes Like |Link to Comment
  • SolarCity: Pegged For Another Strong Year [View article]
    That's what separates dumb and smart. I'll rather take a smaller guaranteed and consistent profit vs being greedy and staying till it pops and wipes me out.

    I just sold my ENPH position after taking a mere 10% out and lost on 40% more. It is still climbing but I'm happy with the green numbers in my brokerage and walk away without regret. A bird in my hand is better than two in a bush :). Grats on your 30% :)
    Jan 15 10:36 PM | Likes Like |Link to Comment