I understand how gold bugs feel, having once held 25% positions in SLV & 25% in GLD for a period of ups & downs, only to have it break even.
I agree that there's been massive manipulation in the past & present, but if "they" are getting their ways, perhaps we shouldn't fight them with what little we have in our brokerage accounts, compared to the trillions that their magical press can churn out trillions on the snap of a finger (or magical IT system that crunches a few more zeros behind our current M1, M2 #s).
"There is no place for gold on the global financial stage." by Jamie Dlugosch Reason #1: There Is No Inflation Reason #2: Gold Prices Are Easily Manipulated Reason #3: Gold Is in Limited Supply Reason #4: Gold Was Dead for 20 Years Reason #5: The Dollar Is the Global Currency
I'm neither for or against gold; just want to know what you Alpha Seekers think. Here's the link to his in-depth thesis:
I also saw the market club video by Adam Hewison on gold technicals; how the reverse head & shoulders in clearly forming over a 6 month period, a sign that gold is poised to rise.
I'm torn on this issue & would like you guys to shed some light.
Negative Real Rates of Return Should Force Investors into Precious Metals [View article]
This line of thinking may only stick with institutions & sound investors, most people who tuck away their savings @ the local bank has no real concept of inflation/deflation; then again, smart money controls pretty the majority.
California Signaling A Housing Bottom? [Housing Tracker] [View article]
Greenspan the 'Bubbleman' along with 'Helicopter' Ben will go down in history as the culprit behind the hyperinflation of the US dollar. By that time, government will force us to switch our worthless dollars to the new Amero.
I thought the market would dip a bit after the dovish comments (especially on a 200+ day), but it didn't. Is this a repeating pattern as well? Every time Fed announces rate cut or unchanged, the markets spikes up? If that's the case, does the market jolt down temporarily after a rate raise announcement?
California Signaling A Housing Bottom? [Housing Tracker] [View article]
My sister in law just bought a $500k triplex in downtown Anaheim (originally $750k). She thinks she struck gold, but I can't wait to see the look on her face when Obama slaps her with the 30% capital gains tax for home sales. Landlords think they own you & it pisses me off.
Sort by:
Latest | Highest ratedGold Has Not Begun to Shine [View article]
I agree that there's been massive manipulation in the past & present, but if "they" are getting their ways, perhaps we shouldn't fight them with what little we have in our brokerage accounts, compared to the trillions that their magical press can churn out trillions on the snap of a finger (or magical IT system that crunches a few more zeros behind our current M1, M2 #s).
Gold Has Not Begun to Shine [View article]
"There is no place for gold on the global financial stage."
by Jamie Dlugosch
Reason #1: There Is No Inflation
Reason #2: Gold Prices Are Easily Manipulated
Reason #3: Gold Is in Limited Supply
Reason #4: Gold Was Dead for 20 Years
Reason #5: The Dollar Is the Global Currency
I'm neither for or against gold; just want to know what you Alpha Seekers think. Here's the link to his in-depth thesis:
www.investorplace.com/...
I also saw the market club video by Adam Hewison on gold technicals; how the reverse head & shoulders in clearly forming over a 6 month period, a sign that gold is poised to rise.
I'm torn on this issue & would like you guys to shed some light.
Should We Listen to Boone Pickens on Oil? [View article]
Negative Real Rates of Return Should Force Investors into Precious Metals [View article]
Precious Metals Manipulation: Lawyers Prepare for Battle [View article]
What's Up with the China Solar Stocks [View article]
China: What Comes After the Olympics? [View article]
Tuesday Outlook: Commodities, Emerging Markets [View article]
International ETF Update: China, India [View article]
California Signaling A Housing Bottom? [Housing Tracker] [View article]
Recent Fed Days [View article]
The Fright of the Chameleon: WSJ’s ‘Intelligent Investor’ and ETF Paranoia [View article]
California Signaling A Housing Bottom? [Housing Tracker] [View article]
World Bank Biofuels Report Finally Released [View article]
ETF Update: Financial Sector Shows Strength [View article]