Reserved For Fire

Sinclair's Million Dollar Gold Bet Enters the Home Stretch

I have one word for this bet and the ongoing move in gold--"Parabolic." How is it that so few see the pattern unfolding? It is getting ready to accelerate, and soon--weak dollar or strong dollar.

Why I'm (Cautiously) Optimistic About the Future

Thanks most for the insight into your family. As a Christian, I am impressed and touched. The bottom line is that gold is the primary beneficiary if the world gets better or worse. It must be done by more and more monetization. Thanks again.

O Canada (Part II): There's Gold in Them Thar Hills - and Plains

Yes! Especially unknown treasure of the McGarrigle sisters. Why don't they perform down here?

Did Barrick Just Jinx Gold Again?

Isn't amazing that gold is at $1000, up every year since 2001, and 400% during that period yet almost all of the commentators that I see are warning that owning gold, like cigarettes, is injurious to one's health.

Am I missing something or is Goldcorp not up 1600% in that time and almost 22 times better than owning the Dow? Maybe it's time to should shift to stocks which at this date have the highest sentiment readings since the tops in 2007 and 2008.

And on Wall Street's tombstone will be engraved, "How did we miss it?"

Blue Ridge Capital: One Hedge Fund That's Done With Gold

Not a very impressive or creative top choices for this maven but then again I don't think that MSFT is a very savvy choice. I'm surprised he didn't have Berkshire as one of his top picks. That's a safe one also that everyone likes.

Also, I would have to view his gold sales as a contrarian indicator since the average price of the GDX was about $32 during the quarter. From this you could estimate that was his average sale came to slightly over $41. So he has lost about a 30% move in less than 2 months. But he does have a huge position in MSFT and MA.

He doesn't appear to be a John Paulson.

Market's Reckless Rally: Don't Trust It

There are even more compelling reasons to be concerned here and they are sentiment readings. The sentiment has never had the markings of distrust on the bottom. Almost immediately, they shot up to bullish levels, very unusual for a major bottom. Right now they are on very bearish grounds-including the Rydex ratio of bulls-bears, the put-call ratio and the various polls most notably, the recent Barrons Big Money one, which now is more bullish than it was at the very top last year.

The same people who never warned of the dot-com and housing disasters are still in trying to recoup their losses. Caveat emptor.

Wall of Worry over Rally Begins to Tower

If a "wall of worry" includes a dramatic drop in the VIX, an extremely high call-put ratio, an unbelieveable .74 in the Rydex bull-bear ratio, an Investors Intelligence survey that now sports as many bulls as there were when the stock market was almost 35% higher, then the definition should be changed.

How the Gold Game Could End

"As I was watching CNBC" --collecting some very valuable tips on what to buy over the past 10 years--tech stocks, houses, Bear Stearns, Lehman, AIG. Has there ever been one of the talk hosts who warned of the impending disaster? We are waiting for a reply.

This market has a "Rendezvous With Destiny." The end game is coming but not here yet. Then you will know why people buy gold, but the problem is that the listeners to CNBC will have nothing to buy it with.

8 Hedge Fund Managers Who Lost Big in 2008

Thank you for the report. Where can I send a donation and would it be tax deductible? Perhaps, Mr. Icahn can sell the rights to his name on the stadium at Randall's Island. Excuse me, but I must go for I am all choked up.

Enlightening the Gold Bugs

Thank you for your wisdom. Many of us have been confused and hoodwinked that gold is the ultimate insurance against stock market, housing panics and the unlimited printing of fiat paper.

I wish that the gold market was open now so I could sell what I bought at $275 so I can put it into the stocks that you recommend.

Gold: Not an Effective Hedge Against Inflation

You obviously don't understand gold, its function and ultimate value. Actually, the more important point is that you are writing a column and are clueless about what is money. Is it fiat paper that we are racking up in an incredible panic or is it gold which historically has held its value and has no counter party risk.

By the way, what has been your advice on stocks and housing over the past couple of years? You either see gold and trust it or you don't. We will soon find out the answer to what is money.

Gold Prices: Little Correlation with Its Utility

Matthew:

It is like faith in Jesus Christ. It is a revelation and you either see it or you don't. And like most Americans, you obviously don't. We are in the launching move of gold in replacing paper currency, and with or without you, gold is going into the thousands of dollars as fiat paper becomes worthless.

Own Gold? Time to Fold

Me thinks that the above soothsayer will be as correct on this call as he was back in March when he thought the market had reached bottom and on April 21 when he sagaciously recommended purchasing Fannie and Freddie.

If he is as wrong on the above, why would one think he will be any more successful on his call on gold. We are about to witness the death throes of the world's paper currency and credit system. That is why only gold has held up this year and why it about ready to shoot up into the thousands of dollars. Buy now not when it is too late.

Hard Assets Heresy: Talking Down Gold

Sorry for the sloppy post. I see what February meant. My error. But the facts remain that first Mr. Gartman is not a real gold believer and his record is mediocre from what I have read. And the gold market continues to flush out those who are frightened by the rapidity of the corrections. Why buy Goldcorp which is up 15 times since 2001 but has multiple sharp corrections when you can buy MSFT which rarely sells off but is down considerably since 2001? We are in a parabolic move here without any speculation whatsoever in the smaller shares and without any public play including Mr. Ziegler. Check back in next year at this time for the results.

Hard Assets Heresy: Talking Down Gold

I think that a far better time frame would be either the last decade, the last 5 years, the last year. Why February?

Also, let's put up Microsoft, GE, GM, IBM, and some others against gold and the HUI or XAu. Let me guess. Mr. Ziegler has not and does not own gold in his portfolio. What is your hot record over the past number of years.