montyman

Porter Stansberry: Gold 'Nowhere Near the Top'

I should point out that PS seems to contradict this article in his September 17, 2009 Daily Crux article "How the World's Best Investors See the Market" where he recommends "fading" gold and buying stocks since the ratio was favorable for equities. But then in a November 10 article (Stansberry: The Best Trade Today) he said he was super-bearish on stocks. That's a lot of contradictions.

And also, GE did not cut their dividend like he promised.

Mind you, his comment "People will find ways to REDUCE their income to avoid the taxes... " had me rolling on the floor with laughter because that's what I do.

Four Major Developments Gold Investors Should Watch

Maybe not. This time there might be a move into the safety of gold (maybe).


On Sep 15 08:34 AM Disa Anja wrote:

> I agree! All that matters is the price of the US$. Hey, what a minute....what
> happens if the equity markets trade down again and lower than the
> Match lows...the US$ will appreciate again like it did during the
> last down leg?

Gold Above $1,000: Indicative of an Imminent Market Fall?

If the Fed is dead then where are they getting the ability to continue pimping up the banks, markets, bailouts, etc. etc. ?
On Sep 08 01:56 PM Madcow2 wrote:

> Gold will fail before it gets to $1033 because the Federal Reserve
> is DEAD. They are no longer capable of "inflating" the money supply
> or the economy. The game is over.
>
> Think of a film of a nuclear explosion ... at first, you see a house,
> some trees, a parked car - and then a wave coming in left to right
> blowing the car away, taking the house off its foundation, bending
> the tree like a twig to the right ... (think 100 years of inflation).
>
>
> Then, everything is still for a moment. And the, the concussion wave
> comes back the other way and blows everything right to left as the
> vacuum is filled and balance restored (think decades long deflation).
>
>
> In our system, debt is money. So as debt is destroyed, so is money.
> Smart rich people may have exchanged their fiat for gold - but where
> is everybody else going to get cash to buy in? Outside of government
> and a handful of lucky banks, the money supply has vaporized.

Damage Done to Gold

No need to explain that, we can easily see that it was a typo. What I want to know is: what is your definition of VERY soon? (or VERY expensive for that matter) :)


On Jul 10 11:36 AM 5142152-337 wrote:

> Sorry, for the typo. "no" should read: none

Long Dollar, Short Oil, Hold Gold?

If you think this is a counter-trend trade, for how long do you expect to hold DRR? BTW, was that a typo when you said " I still think it will cost two Euros to buy a buck sometime in the foreseeable future" (or did you mean two bucks to buy a Euro). Thanks.


On Jul 05 11:43 AM Mad Hedge Fund Trader wrote:

> You nailed it. The stage is now set for the dollar. With the US 20
> months into a recession, it’s just a matter of time before the Fed
> pull us back from zero interest rates. With the ECB late to the funeral,
> European Central Bank president, Jean-Claude Trichet, last week reaffirmed
> his commitment to keep their benchmark rate at 1% to restore the
> economy. There’s your trade. The next move in the euro/dollar spread
> will be in favor of the greenback, as the US will be the first out
> of recession. On top of that, you can pile a fading US stock market
> and a back off in commodity prices, which are also dollar positive.
> Thus, you can expect the euro to trade down to the low $1.30s. Mind
> you, this is still a counter trend trade, which I generally try to
> avoid. I still think it will cost two Euros to buy a buck sometime
> in the foreseeable future. For those hardy few willing to scoop up
> some pennies in front of a steam roller, look at the 200% short euro
> ETF (seekingalpha.com/symbo...), which has backed off 34%
> from $63 to $42 since November.

Is China Preparing to Buy Gold?

Thanks to Obama? What an idiotic statement. This crisis was in full swing long before Obama got into office.

Inflation Is in Our Future...Not Deflation

There is one thing that Greg P. is absolutely right about...
People today do not like to hear NO. The rest of the article follows from this...
People today are willing to sacrifice and suffer? Not a chance...

Dollar vs. Gold - Can We Trust This Change?

Georealist: What's your time estimate for "the change" to the dollar...

Retail ETF Investors Help Power Gold Demand

WHERE IS MARK ANTHONY? HE'S BEEN SO QUIET SINCE HIS LAST PALLADIUM PUMP JOB...

Gold Price Relationships

Let me put my money where my mouth is. Here is my prediction:

There will be no so-called default of physical gold futures at the COMEX for December contracts. Then the price manipulation conspiracy people will claim that there was some kind of trick and cover up etc., etc., etc., LOL

Just give it up already guys...

Attention Gold Bugs: Hyperinflation or Deflation?

Ummm, excuse me, but Eastman Kodak is a photographic film company in the age of digital photography. It's main market has been wiped out by the new technology. Do you think that could have something to do with the fact that it's share price is down, rather than assuming deflation???

Coming Inflation To Boost Stocks, Gold

Yes Rhett but WHEN??? 2 weeks? 2 months? 2 years?


On Nov 05 09:47 AM Rhett wrote:

> Nobody but nobody can come close to projecting the price of anything
> in 2012. But for now, gold is about to jump. You heard it here first.

China's Greatest Trade Ever

Based on historical patterns, I would say that the Chinese will end up being duped by the Americans. I have no financial training, but it seems to me that the past few decades have been nothing more but a form of neo-colonialism. The Asians do all the work and ship goodies to Western consumers in exchange for paper that can be made worthless at the stroke of a pen.

The Americans will keep playing this game until it collapses, and then the Americans will simply renege on their debt. The Asian economies will be wiped out. As for the Americans, who would also be in economic trouble after such a move, all they have to do is start a program of rebuilding factories, infrastructure, etc. and not only would there be jobs for every American, but Americans would regain all the physical plant they need to continue economic dominance (remember that in the 1950's Americans were not only the biggest consumers but they were AT THE SAME TIME also the biggest producers). They will come out of all this smelling like roses! If there is competition for natural resources because of this then the Americans can call on their powerful military to ensure supply.

People like Peter Schiff say that the Asians will rebel against the West and become consumers themselves, but I question whether the Asian world can ever be "Western-style consumers". There are cultural issues that suggest that only the West can be the West.

Is This the Gold Buying Opportunity of a Lifetime?

Could someone please explain what posters mean by huge Lehman CDS settlement??????

The loss reported on October 21 was just a few million dollars instead of the 200 billion everyone was expecting ... ???????

Too Soon to Move From Equities to Gold

Well, in regards to the idea that the S&P and gold are off a similar amount from their highs, I would like to point out that the S&P has been propped up with Super-human effort, while gold has not received this benefit and has likely been the victim of forces pushing it down... I'm just trying to compare apples with apples...