Reserved For Fire's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/194062/comments http://seekingalpha.com/article/179822-gold-and-silver-dead-cat-bounce-into-resistance-levels?source=feed#comment-821254 821254 Fri, 25 Dec 2009 10:06:19 -0500 http://seekingalpha.com/article/179219-three-week-losing-streaks-in-gold?source=feed#comment-816862 816862 Tue, 22 Dec 2009 08:25:33 -0500 http://seekingalpha.com/article/179077-marc-faber-bullish-on-agriculture-natural-gas-india-s-banks-and-real-estate?source=feed#comment-815473 815473 Mon, 21 Dec 2009 08:35:26 -0500 http://seekingalpha.com/article/179050-woodbine-s-different-take-on-gold?source=feed#comment-814823 814823
Here is what is happening, as I see it. 1) Gold has moved up from $35, through a variety of times. Through an inflationary 70s, a bull market in stocks for 20 years, a collapse in stocks post-2000 and later a massive liquidity squeeze in everything in 2007-2008, a weak dollar and a strong dollar, persistent central bank selling now turned buying and and yet it is still at $1100 up over 300% this decade.

Can any gold bear say that the public has embraced the move and entered in, as it did in stocks and in housing? Or are they still selling their jewelry, which I view as the gold equivalent of odd-lot selling.

And now, as comes in all major cycles, it is breaking out parabolically. Will a parabolic curve without any public participation suddenly abort? I doubt, it if history is any guide. WIthout any mania in the stocks and without the public and even the savvy mainstream media which is invariably very late to the party understanding why gold is a core holding, my conclusion is that the party is still at the hors d'oeuvres stage. The main course will come much later.

The reason there are so many gold naysayers is that they have yet to say aye. Like faith in the Lord Jesus Christ, you either see it or you don't.]]> Sun, 20 Dec 2009 16:16:18 -0500
Here is what is happening, as I see it. 1) Gold has moved up from $35, through a variety of times. Through an inflationary 70s, a bull market in stocks for 20 years, a collapse in stocks post-2000 and later a massive liquidity squeeze in everything in 2007-2008, a weak dollar and a strong dollar, persistent central bank selling now turned buying and and yet it is still at $1100 up over 300% this decade.

Can any gold bear say that the public has embraced the move and entered in, as it did in stocks and in housing? Or are they still selling their jewelry, which I view as the gold equivalent of odd-lot selling.

And now, as comes in all major cycles, it is breaking out parabolically. Will a parabolic curve without any public participation suddenly abort? I doubt, it if history is any guide. WIthout any mania in the stocks and without the public and even the savvy mainstream media which is invariably very late to the party understanding why gold is a core holding, my conclusion is that the party is still at the hors d'oeuvres stage. The main course will come much later.

The reason there are so many gold naysayers is that they have yet to say aye. Like faith in the Lord Jesus Christ, you either see it or you don't.]]> http://seekingalpha.com/article/124556-five-metal-royalty-companies-to-consider?source=feed#comment-813551 813551 Sat, 19 Dec 2009 12:46:00 -0500 http://seekingalpha.com/article/177554-record-volumes-in-gold-market-indicate-a-gold-top?source=feed#comment-801220 801220 Fri, 11 Dec 2009 08:22:34 -0500 http://seekingalpha.com/article/176835-volatility-price-bubbles-in-gold-and-silver-expected?source=feed#comment-793880 793880 Mon, 07 Dec 2009 08:32:38 -0500 http://seekingalpha.com/article/176638-sinclair-s-million-dollar-gold-bet-enters-the-home-stretch?source=feed#comment-791480 791480 Sat, 05 Dec 2009 08:49:19 -0500 http://seekingalpha.com/article/175604-why-i-m-cautiously-optimistic-about-the-future?source=feed#comment-781516 781516 Sun, 29 Nov 2009 11:02:36 -0500 http://seekingalpha.com/article/165184-o-canada-part-ii-there-s-gold-in-them-thar-hills-and-plains?source=feed#comment-706661 706661 Wed, 07 Oct 2009 08:38:25 -0400 http://seekingalpha.com/article/160668-did-barrick-just-jinx-gold-again?source=feed#comment-669312 669312
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?"
]]> Wed, 09 Sep 2009 16:04:31 -0400
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?"
]]> http://seekingalpha.com/article/139971-blue-ridge-capital-one-hedge-fund-that-s-done-with-gold?source=feed#comment-520284 520284
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.]]> Wed, 27 May 2009 18:02:07 -0400
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.]]> http://seekingalpha.com/article/136402-market-s-reckless-rally-don-t-trust-it?source=feed#comment-495268 495268
The same people who never warned of the dot-com and housing disasters are still in trying to recoup their losses. Caveat emptor.]]> Fri, 08 May 2009 08:49:48 -0400
The same people who never warned of the dot-com and housing disasters are still in trying to recoup their losses. Caveat emptor.]]> http://seekingalpha.com/article/131622-wall-of-worry-over-rally-begins-to-tower?source=feed#comment-468327 468327 Sun, 19 Apr 2009 10:29:57 -0400 http://seekingalpha.com/article/131648-how-the-gold-game-could-end?source=feed#comment-468320 468320
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.]]> Sun, 19 Apr 2009 10:27:10 -0400
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.]]> http://seekingalpha.com/article/128658-8-hedge-fund-managers-who-lost-big-in-2008?source=feed#comment-446204 446204 Tue, 31 Mar 2009 09:05:13 -0400 http://seekingalpha.com/article/112186-enlightening-the-gold-bugs?source=feed#comment-337873 337873
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.]]> Wed, 24 Dec 2008 21:19:54 -0500
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.]]> http://seekingalpha.com/article/112100-gold-not-an-effective-hedge-against-inflation?source=feed#comment-337871 337871
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.]]> Wed, 24 Dec 2008 21:16:12 -0500
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.]]> http://seekingalpha.com/article/112057-gold-prices-little-correlation-with-its-utility?source=feed#comment-337869 337869
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.]]> Wed, 24 Dec 2008 21:10:44 -0500
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.]]> http://seekingalpha.com/article/109582-own-gold-time-to-fold?source=feed#comment-332679 332679
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.]]> Wed, 17 Dec 2008 22:17:31 -0500
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.]]> http://seekingalpha.com/article/77428-hard-assets-heresy-talking-down-gold?source=feed#comment-168198 168198 Thu, 15 May 2008 13:42:51 -0400 http://seekingalpha.com/article/77428-hard-assets-heresy-talking-down-gold?source=feed#comment-168194 168194
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. ]]> Thu, 15 May 2008 13:36:35 -0400
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. ]]>