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  • Chart of the Day: Various Stages of a Bear Market [View article]
    Believe it or not we are in the return to normal stage. S&P to 1100 and then kapow, thanks to GW Bush.
    Oct 28, 2008. 07:57 PM | Likes Like |Link to Comment
  • Expecting Epic Gains in Gold Miners [View article]
    Well, i'm personally buying chinese gold mines. They own their mines and just buy from themselves.
    It's all supply and demand. Since the US and IMF won't supply gold for their reserves they just produce it locally. I believe gold will go to 1500 with the main buyer being china and India a close second. in the meantime i keep 10% in gold
    Oct 27, 2008. 08:02 PM | Likes Like |Link to Comment
  • Why Gold Will Rocket [View article]
    Gold is still hedged. Until all the unwinding occurs, gold will go up and down. I believe a low of 600 followed by a rise to1050. By 2014, 1500 to 1800 due to demand and inflation, not fear. Remember, China, Rusia, India and a whole bunch of countries are bringing up their gold reserves.
    Oct 26, 2008. 09:02 PM | Likes Like |Link to Comment
  • Response to Bloomberg's 'Gold May Pay Only in Case of Maximum Despair' [View article]
    Well, i'm in with the gold miners, chinese that is. The thing with chinese gold is that china is buying it up like hotcakes. They also want a gold reserve. That plus the dow/gold ratio. Cycles tend to be stable. We're at a ratio of 11 and the prognosis is for a ratio of 5:1. Whether that occurs in 2009,10 or 2015 remains to be seen. I am just accumulating. Sooner or later inflation is going to rear its ugly head, due to the bailouts, and then i believe we will see the uptick in gold.
    Oct 26, 2008. 08:40 PM | Likes Like |Link to Comment
  • Ten Reasons Why Gold Isn't Above $1,000 [View article]
    too true! I'm looking at the Dow/Gold. Even at a 5:1 at 9000 gold would be at 1800. In the meantime i'll keep accumulating on the cheap. Thanks short sellers, for selling me cheap stocks!!! jejeje
    Oct 26, 2008. 06:56 PM | Likes Like |Link to Comment
  • Five Behaviors for Making Money Now [View article]
    i'm just looking for 1% monthly. So far it's worked. I only do the trade on a dump and carry(Goes down big then goes up a point or two).
    Oct 25, 2008. 12:24 PM | Likes Like |Link to Comment
  • The Favorable Outlook for Gold [View article]
    Bejing is buying gold, do not doubt it. They do not want gold to rise since they use the interest from US bonds to purchase it. They want gold down to 200 so they can get more of it. It's all a matter of economics. They do not want to kill the hen that lays the golden eggs(US of A).
    Oct 24, 2008. 07:00 PM | Likes Like |Link to Comment
  • How Will Shrinking Boomer Spending Affect the Economy? [View article]
    With the amount of extra money pumped into the economy, baby boomers pensions will reduce in buying capacity. Future inflation is going to kill them. They will be forced back into the market or risk being left behind. There volatiIilty is going to reduce their savings. I foresee a future where money becomes much more fluid.
    Oct 22, 2008. 07:10 PM | Likes Like |Link to Comment
  • Buffett Likes to Be Early; Don't Rush to Follow [View article]
    This article would be great, except it precludes the obvious. Buffett is making money like crazy. You don't think he has spreads on his holdings? Pleaaaaaase. Duh.
    Oct 22, 2008. 06:53 PM | Likes Like |Link to Comment
  • New Economic World Order: U.S. No Longer On Top [View article]
    So what happens when China starts printing Yuan's like crazy? Or India decides it's exchange rate with the dollar is a 10 to 1? Or EU decides the dollar is worth 2 dollars, fixed? Now, who decides what currency is worth what?
    I am ready for my minimum wage of 300 bucks/hour. :)
    Oct 22, 2008. 06:35 PM | Likes Like |Link to Comment
  • Oversold and Melting Up [View article]
    Final issue, gold is going down when the dollar goes down and up when the dollar is going up. Are pigs flying yet? Looking to see one. Look at today.
    Oct 13, 2008. 02:10 PM | Likes Like |Link to Comment
  • Oversold and Melting Up [View article]
    P.S. i own gold stocks as hedge on losses.
    Oct 13, 2008. 02:04 PM | Likes Like |Link to Comment
  • Oversold and Melting Up [View article]
    Gold is still @ 835, even with the gains posted today. I still think there is some downside. I have been in cash since dow 13000 so even if i enter now i still will gain, but i believe i will wait for confirmation. I do not trust this market, to much pilaging of retirement accounts.
    Oct 13, 2008. 02:04 PM | Likes Like |Link to Comment
  • Is Gold A Sucker's Bet? [View article]
    If gold is so useless why does the US have 262 million ounces in their vaults? Why does the Federal Reserve keep other countries gold stores in their vault in NY? Gold is a type of currency onto itself, it's a fallback. Right now China, India and Russia barely have any gold reserves. You will soon be seeing Gold buying by these countries as a shore to their currency.
    I think you have the wrong concept on gold, it's not a commodity, it's an alternate currency. Just like the dollar value, it fluctuates on demand.
    Oct 11, 2008. 05:15 PM | Likes Like |Link to Comment
  • More On Rising Dollar, Declining Gold [View article]
    Carl Spackler, the economic major, if the value of all assets are deflating where do you think investors will park their money to ride out the storm?
    Oct 4, 2008. 11:52 PM | Likes Like |Link to Comment