Charles Longfellow

On Trading by Themes

You think? The business pages are full of great themes of the day, all after the fact, and all matters of fancy. The cart pulls the horse. No, really! Here is my chart proving this, blah, blah, blah...
Oh, and yes..., do buy gold. Kelm, I love your remark, "The dollar is taking its time realizing it is headed lower". Wouldn't it be nice if as a trader, one could actually know what is going on, when it is going on, and eventually what and when will happen next? One thing for darn sure, we better have confidence in our tea leaves if we are betting anything on reading them with regards to the market. You want a theme? How about protect your ass-ets.

The Safest Ways to Invest in Gold and Silver

CEF feels safe. There is no perfect solution to ownership vulnerabilities, and
physical holding is clearly not perfect. If I wanted to be worried, the AMEX is also vulnerable unto intself as the listing exchange, as is your broker who places your buy and sell order, as is your milkman, who secretly wants to steal your wife.
I'm not suggesting the "T" word, but at some point one does have to trust whatever system one is plugged into. Afterall, R U sure those coins under your floorboard are real?

On Precious Metals and the Euro

The first comment to this article asks what the author is saying.
That pretty much sums it up!
Whether or not gold will buy one good suit is a good reference.
However, the fact that gold must first be SOLD to buy that suit is what makes
the point. Having your cake and eating it too, as mentioned in the article,
is really about that suit you did or didn't purchase.
"Whoops..., there goes gold..., I guess I'll have to settle for a sweater vest.
See tradingwellandliving.b... for link to how to buy the stuff.

Gold is One of the Few Assets That's Up for the Year

See "How to Buy Gold", (not ETFs), on my website.
tradingwellandliving.b...

Gold is One of the Few Assets That's Up for the Year

We all know gold will go up. Therein lies a contraindicator!
What do I think?
Wait.
Better buying opps down the road.

Some Random Thoughts on Deflation

Well said! Whether gold or oil is the early harbinger is somewhat irrelevant. I agree that a move up by either, as the dollar does not, would be a divergent cue.
Spike and tease plays not considered.

Some Random Thoughts on Deflation

ok. Good sourcing. What does it say about inflation and the US dollar? Are you saying inflation of the USD is inevitable or not?

Some Random Thoughts on Deflation

I apologize. To be clear, I am suggesting that printing money may not create inflation until a balance is obtained. Imagine a traditional weight scale. On one side of the scale we put money, lots of it and increasing the amount in an attempt to raise the other side. The other side of the scale is the total of all credit that is no longer available. It that credit includes leveraged amounts, you will be able to keep printing money a long time before tip of the thing moves towards inflation.

Some Random Thoughts on Deflation

The money supply has been blamed as a factor in deflation as that money supply is reduced. However, other definitions of “deflation”, (wikipedia), refer to dual contributing factors: decrease in money supply, and decrease of credit. To what extent is decrease in availability of credit a contributing factor to deflation? If credit is considered beyond common types to include leveraged amounts, as per derivatives and other instruments for leverage, (often leveraging many times over by exotic investment vehicles), could this provide an answer as to why printing dollars has so far not stemmed deflation, and theoretically may not create inflation until the leveraged credit that is no longer available is offset by new dollars?

Give Gold Less Attention

from article:
"The share prices of the metal miner majors will provide the best clue to future metal commodity prices..."
Ok. As I type, AEM is up 7% on the day.

Bear Market Gold

Well, you might trust your safety deposit box. I blogged on this subject a couple of months ago. Check it out and be amazed.
see: tradingwellandliving.b...

A New Reality for Gold Stocks - UBS

My crystal balls chime for AEM.

Who Is Really Printing Money?

Good insights in this article. A pause in gold's recent climb had a single prophet voice last month, and that was Elliott Wave International. At the time it made no sense. The 600 number also shows up in their analysis.

Gold Price Plunges: Might as Well Hold Stocks

This will be one more revelation of falsehood. Stock indexes such as the S&P500 are manipulated, or to me kind, "managed". That is to say, losers are simply removed and replaced. See article and all comments at: www.clusterstock.com/2...

Gold Price Plunges: Might as Well Hold Stocks

Everyone is right and everyone is wrong. Winners and losers can be found in any market, be it gold, stocks or horse racing. To the point, time horizons for entry and exit are paramount. I note that the ONLY advice for selling gold when it was recently at its high came from Elliott Wave International. I am too stingy to pay for their newsletter, but they actually did a freebee on the subject that stands on its own. Long term as in more than a year? Sure, count me in for gold.