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Sean M » Comments » GLD

  • Is It Time to Buy? What History Shows [View article]
    Two generations of "buy and hold" bulls, does not mean we can't have a 20 year bear market. And if you forgot, stock price is based on earnings. And earnings are dropping. Dump your advisors and mutual fund managers. They want you to believe it's 1987, or they will all be out of jobs if it's 1929. It's in their interest to pull the wool over your eyes! Hope is a dangerous thing here. Go short or stay in cash. Cash has a better return than anything out there this past year.
    Dec 11 17:13 pm |Rating: +1 0 |Link to Comment
  • Is It Time to Buy? What History Shows [View article]
    How many times have I seen this claptrap written! A bear market lasts decades, no 1.5 years! PEs of 6 and dividends of 6% is what is needed. When we get to the bottom, the bulls will be long gone and not many will have the interest or the money to buy. Stock ownership will be at a historic low. Wake up. This is no "normal" pullback and it's not 1987. It's 1929 and just like then, the bulls were desperate for the good times to come back and would convince themselves any way they could that despite the bad news, it would be better in a few months.
    Dec 11 17:08 pm |Rating: +1 0 |Link to Comment
  • The Manipulation of Gold Prices [View article]
    I see more speculation than facts here. Would be nice to have some proof.
    Dec 04 14:39 pm |Rating: +5 -3 |Link to Comment
  • Get Out of Commodities - Barron's [View article]
    Haven't we had a 30% correction in the grains already and a 5-10% correction in the metals? Barrons made a good case for a drop, but I think most of it already has happened. I think they will be in for another big drop should the stock market have a big and overdue drop. Then, it will be time to go long and stay long for the next few years. Supply and demand and soaring coast to produce will only continue over the next few years. Read Jim Rogers or search for some of the videos on Youtube.
    Mar 31 08:48 am |Rating: 0 0 |Link to Comment
  • A Warning for U.S. Dollar Bears and Commodity Bulls [View article]
    Excuse me, but the correction has happened in the past week. Very extreme. Look up the charts. 4 months worth of rise gone in a week.
    Mar 27 09:33 am |Rating: 0 0 |Link to Comment
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