Good analysis,gold will always be gold,there is no debt on it as contrary to the $.Bull market in gold will finish one day but it maybe the day when Dow Jones will be at 4000.What will happen then to gold? Probably it will be much lower than today,but it will keep moving up from now on and support might be near,I see the gold will reach it's high by December as speculators will stay away from stocks and buy everything gold,only what this high will be I can not now but it might be anything between 700-1000 as I don't expect demand to be at more than 1000.
Dollar Rally Won't Last Forever; Don't Give Up on Gold [View article]
Nobody knows when to buy/sell gold excluding daytraders like me. I don't care about your graphs or your knowledge of the world,in early 1980's when gold crashed for 20 years guys like you went broke. Probably you are the new generations of such losers as those that bought gold then are not alive anymore.
Thanks for statistics guys,are you long/short gold or just want to make a name for your website? I love gold goes down (even I am bull on it) as at my Commerzbank AG in Frankfurt are some cash deposits that I am eager to change to gold bars that Commerzbank is trading. Let the gold crash,let me get my bars cheap.
Wall Street Breakfast: Must-Know News [View article]
Excellent News,I wish the author stays ad mea ve esrim and gives traders what they need.Real news and facts,not gossips written by 99% of SA losers. Shabbath Shalom!
I don't think the author is crazy,all you write about can happen of course but you and me will be much older by then. I am Russian,only living in Frankfurt far away from the waste and industry in FSU. Mr.Medvedev (or Mr.Putin as you quote) really catched all the Western European and American politicos on the balls and Russian bear will not losen his grip.The power have already shifted to the East,THAT'S IT. The best thing would be for Americans to learn from Europeans,which is to shut up,sit put and buy Oil/Gas from Russia while it is still available at acceptable prices.And soon to learn to pay more and more but still sit put as nothing can be done about it,the Oil/Gas belongs to Russian federation and there is no legal framework o take it away,Russia is not stupid Iraq,it will never let it happen,never. The author is right to point out that one day probably very soon Oil/Gas will continue to go back up and it have sense to hold Oil/Gas other resources stocks,but I would advise to buy this stocks directly from the company not through the bank or broker,as FDIC guarantees each American's deposit up to 100,000USD is insured and only if it is CD's,cash or Treasury Bonds. All else is not guaranteed,even if investor have 50,000USD in Exxon or in Newmont Mining that he bought through his/her bank or broker,in the event broker goes bankrupt or bank,this investors will be left with nothing.As stocks they helded with their bank/broker is on the books of that institution and be written down with everything else if bank's debts exceed it's equity,capital base. So if one prepares for Dow Jones at 5000 points (it will not take too long,already by December we will see the animal at 9000 at best) or lower,please inquire how to buy your big cap Oil/Gas/Mining stocks directly fro the company as only then you will have the prove that you are direct shareholder,not a holder of shares that are sitting on bank's balance sheet together with CDO's and other atomic junk. Great article,you must write for the WSJ,FT and Barron's.
U.S. Session Wrap: Meredith Whitney Does It Again [View article]
How somebody comment on everything,FX,Oil,Gold if one doesn't have any position in derivatives he writes about. I am a trader and watch markets every day and have a feeling for it as my account goes up and down in regard to the market movements. All the commodities bulls become bears suddenly,it proves again nobody have an idea what is happening. From traders perspective,for short term I can see that Crude Oil have strong support at 113$ as rising price have good volume while declines are made by pikers.I am positioning for rebound in Crude Oil and Nat Gas (I don't trade metals and don't have an opinion on that) as big balls guys are accumulating now and the ood thing is that this kind of biggest Oil/Gas traders don't buy it to make a buck,they must see the market to the future as liquidating big position in energies is not economic,with big selling volume prices will crash.They can sell only when prices go up 5-10% or more as then pikers already get bullish news and buy so big funds are nicely selling some of their positions. Look what happened when the main traders started to sell Crude Oil from 145$ it took prices more than 30$ down,I think more than is accepted by their valuations.So I think their selling will come at 135$ at least as accumulation happened to build at around 125-115$ level. Even if Oil may decline more in the future,first the Mafia will make their money from your shorts. Don't listen to any analyst/expert who writes about things he don't knows about and don't trades.If would not advise a driver how to drive if would not have a driving license. Good trading day everybody,follow your killer insticts.
Is the Commodities Bull Market Over? [View article]
I didn't read it but it must be you are bullish commodities,I am too only with one difference,I differentiate between them.If for example Lumber,Sugar,Ol,Gas,Co... is cheap,it doesn't mean that Platinum (who needs it anyway) can not go down another 50% or gold another 30%.What's the problem? Before one invest in hard assets,make your research what each commodity means and where it stands in the crowd as all can not go only up.
Predicting the Bottom in Gold [View article]
Probably it will be much lower than today,but it will keep moving up from now on and support might be near,I see the gold will reach it's high by December as speculators will stay away from stocks and buy everything gold,only what this high will be I can not now but it might be anything between 700-1000 as I don't expect demand to be at more than 1000.
Dollar Rally Won't Last Forever; Don't Give Up on Gold [View article]
I don't care about your graphs or your knowledge of the world,in early 1980's when gold crashed for 20 years guys like you went broke.
Probably you are the new generations of such losers as those that bought gold then are not alive anymore.
Bear Market Gold [View article]
I love gold goes down (even I am bull on it) as at my Commerzbank AG in Frankfurt are some cash deposits that I am eager to change to gold bars that Commerzbank is trading.
Let the gold crash,let me get my bars cheap.
www.commerzbank.de/de/...
Wall Street Breakfast: Must-Know News [View article]
Shabbath Shalom!
Oil Will Only Fall So Far [View article]
I am Russian,only living in Frankfurt far away from the waste and industry in FSU.
Mr.Medvedev (or Mr.Putin as you quote) really catched all the Western European and American politicos on the balls and Russian bear will not losen his grip.The power have already shifted to the East,THAT'S IT.
The best thing would be for Americans to learn from Europeans,which is to shut up,sit put and buy Oil/Gas from Russia while it is still available at acceptable prices.And soon to learn to pay more and more but still sit put as nothing can be done about it,the Oil/Gas belongs to Russian federation and there is no legal framework o take it away,Russia is not stupid Iraq,it will never let it happen,never.
The author is right to point out that one day probably very soon Oil/Gas will continue to go back up and it have sense to hold Oil/Gas other resources stocks,but I would advise to buy this stocks directly from the company not through the bank or broker,as FDIC guarantees each American's deposit up to 100,000USD is insured and only if it is CD's,cash or Treasury Bonds.
All else is not guaranteed,even if investor have 50,000USD in Exxon or in Newmont Mining that he bought through his/her bank or broker,in the event broker goes bankrupt or bank,this investors will be left with nothing.As stocks they helded with their bank/broker is on the books of that institution and be written down with everything else if bank's debts exceed it's equity,capital base.
So if one prepares for Dow Jones at 5000 points (it will not take too long,already by December we will see the animal at 9000 at best) or lower,please inquire how to buy your big cap Oil/Gas/Mining stocks directly fro the company as only then you will have the prove that you are direct shareholder,not a holder of shares that are sitting on bank's balance sheet together with CDO's and other atomic junk.
Great article,you must write for the WSJ,FT and Barron's.
U.S. Session Wrap: Meredith Whitney Does It Again [View article]
I am a trader and watch markets every day and have a feeling for it as my account goes up and down in regard to the market movements.
All the commodities bulls become bears suddenly,it proves again nobody have an idea what is happening.
From traders perspective,for short term I can see that Crude Oil have strong support at 113$ as rising price have good volume while declines are made by pikers.I am positioning for rebound in Crude Oil and Nat Gas (I don't trade metals and don't have an opinion on that) as big balls guys are accumulating now and the ood thing is that this kind of biggest Oil/Gas traders don't buy it to make a buck,they must see the market to the future as liquidating big position in energies is not economic,with big selling volume prices will crash.They can sell only when prices go up 5-10% or more as then pikers already get bullish news and buy so big funds are nicely selling some of their positions.
Look what happened when the main traders started to sell Crude Oil from 145$ it took prices more than 30$ down,I think more than is accepted by their valuations.So I think their selling will come at 135$ at least as accumulation happened to build at around 125-115$ level.
Even if Oil may decline more in the future,first the Mafia will make their money from your shorts.
Don't listen to any analyst/expert who writes about things he don't knows about and don't trades.If would not advise a driver how to drive if would not have a driving license.
Good trading day everybody,follow your killer insticts.
Is the Commodities Bull Market Over? [View article]
Before one invest in hard assets,make your research what each commodity means and where it stands in the crowd as all can not go only up.