ManAboutDallas

Gold Holding Strong Against Dollar

Ok... right on time... right on cue.... the $ rally is underway. Where's its target ? Just a peek over 80 on the Dollar Index, where it will run into .618 Fibo resistance from the July decline.

Gold Holding Strong Against Dollar

Huge, scary, but brief US$ rally about to commence. Notice how they engineered a head-fake slightly-lower low on the Dollar Index from the early June low ( 78.315 vs 78.334 ). If The Collapse were upon us, they would have taken out that early June low and we'd be in free-fall right now. Notice how they're engineering a gold and silver mugging this morning? Usually this sort of gold/silver mugging takes place on a Monday morning, but they set the trap for this morning, instead. All the dollar bears have just been buttered up for a two-week toasting. Take advantage of it to get ready for The Real Collapse once it runs its course.

Today in Commodities: The Commodity Train Is Leaving the Station

There's at least a "dead cat bounce" rally in the $ in the cards for a couple of weeks simply because:
1) it's fallen hard and fast since the July 4th feel-good top; and
2) everybody has piled onto the "OMG, it's about to collapse" camp. SInclair is screaming "This is it! This is NOW!" for the 10 millionth time in the last 5 years. All the guns-and-dried-food wack jobs are recommending $'s for when the Charmin runs out.

Yup, all the ingredients for a quickie rally. Just long enough for people to start thinking Helicopter Ben really might be able to get out of the boat and walk to shore.

Ker-PLUNK!

Is Natural Gas About to Break Higher?

All three charts are forming beautiful cup-and-handle patterns; 'nuff said.

Gold: What It Will Take to Overcome $1000

What'll it take? No more articles such as this one wondering "When?".

Sliver: Flip Side of the Gold Coin

Just being true to form; silver raises "quirky" to an art form, always has, always will. That's why it always leaves the most casualties, it has no respect for the Geneva Convention.


On Jul 17 10:49 AM GMiki1 wrote:

> Silver is quirky.

Sliver: Flip Side of the Gold Coin

Relax, the inevitable can be forestalled only so long.

Are GLD and SLV Legitimate Investment Vehicles?

GLD and SLV were, are, and always will be nothing more than cynically-conceived Potemkin Villages designed to delude people into thinking they own something they really don't.

Precious Metals’ Gleam Is Not Tarnished: When Will They Finally Bottom?

The best picture of what's happening right now with the Dollar Index is on the 8-hour chart. From the 89.624 top on March 3, the Dollar Index has been in a textbook-perfect 5-wave decline, with wave 4 about to wrap up, and the bottom falling out going into wave 5 down. The measure of wave 5, based on the lengh of wave 1 ( about 7 points ), will put the bottom in at about 73.5. Fifth waves can and do extend, however, so 73.5 could be just a catch-its-breath point on the way to The Abyss.

Zix: Prescription for Divestiture?

They need to sell the e-prescribing business right across Haskell Street to ACS. In fact, they ought to sell the whole company to ACS. Or ACS ought to come calling with its chequebook open wide. Perfect fit in both lines of business and ACS has the resources to finally realise the promise Zix has always offered.

McDonald's' New Burger Is Another Reason to Love It

Just what the U.S. consumer has always wanted: ANOTHER Angioplasty Starter Kit

Silver Wheaton: A Hidden Gem

"Hidden gem"? Hardly. SLW is about as "hidden" as the Statue of Liberty or the Golden Gate Bridge.

It has 287 million shares, "Insiders" and "Institutions" own 62% of that, leaving about 109 million for the "Trading Float". It averages 5 million shares a day over a 10-day and 3-month period. That means it turns the public float every 21 days.

Needing out in a hurry, or something?

The Silver Indexed Bond

The obvious beta-test candidate for this one would be ECU Silver. Sitting on veritable mountains of silver in Mexico to back said bonds, and at the same time needing to clean up their balance sheet in order to expedite the process of becoming a full-fledged producer. If you haven't approached them with this idea, I recommend you do so.

Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist?

[G]enius "or" alarmist ? Why must there be the implied choice? Is a genius incapable of also being an alarmist ? And vice-versa ? The real, salient question, however, is: Which of Dr. Leeb's premises are correct, and which are not ?

Your discussion of the "BRAC" countries is incomplete without the inclusion of New Zealand. It lives and labours in the shadow of neighbouring Australia, and is thus - unfairly - relegated to afterthought status when it is not deserving of such. But it is poised to enjoy the same good fortune as Great Britain did in the 70's and 80's when its vast hydrocarbon deposits are exploited over the next several decades.

Will a 'Silver Bullet' Finally Kill the Metal Manipulators?

The "manipulation" has been going on since the days of the Medici. And you think it's going to stop now ? How droll.