Cesato

Long Gold and Silver: A Lifeline for Struggling Hedge Funds?

Jeje, that already sounds like real money, how are we supposed to pay that back? how long is it gonna take, assuming that Government spending actually comes down and the financial markets stabilize around 2001 levels? and productivity rises back up and unemployment decreases and people's live savings were re-established and and and and and, I'm 46 and I think I'm not likely to see it

Gold Bulls: Beware

Play paper Gold, even if you have to scalp for the next 3 months. As for the short term I 've been saying that shorting is the right bet for Gold. There hasn't been a better time me for bears and speculators than when everyone (read as, little money individual investors like us) is bullish to crush longs in the paper Gold business. If you own bullion overseas and are willing to keep it for 10 years without expecting any profit then stick to it otherwise play the market and the market play is shorting when all of us are bullish, have you read about Hedge Funds getting hit? Well they have good cash in the Gold market that they need to liquidate in order to raise cash!! Got it? There is no manipulation in the paper Gold market, it's all about hedging the USD and inflation expectacions plus a flurry of specualtive liquidity in the market (which is over). I wonder what the target was back in the 1980 when Gold reached USD 850. Was it USD 1.000? not sure but let the big money drive the limo and you just jump in when the ride slows down, don't be so bullish nor bearish that you loose perspective and don't get mad when it moves against your bet, just surf the wave the wave is going down now, but it will go 30 ft tall next year, so think about it! is it that confusing, just think about it!

Gold Bulls: Beware

I totally agree with the article, paper Gold is good to speculate, if you want to pass something valuable on to you Grandkids buy bullion but again forget about it for another 20 years, don't even look at the price because it may hurt in the medium term.

SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

Don't get rude guys, everyone is right, just sell now and buy back in a weeks when physical demand from India and China come back and that would help stablished a real bottom but al least USD 60 lower than where it is now, remember that techically gold is one of the few assets, if not the only one which has not completed the 100% retracement from Sep last year, so there is a case for bears and bulls, just time the market correctly and both short-term bears and medium term bullish will be al happy

SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

Bottom lines everyone is somehow right in their views, my message basically goes to thos who buy Gold based on what they read on always bullish technical/fundamental reports. If you still want to be a bull then sell now and buy back at the 50% retracement of the move down from 750 any where it goes (i.e. 660, 500 or else) when that retracement be reached then the upward trend can be relied upon. Meantime there is gonna so may twist and turns in price and speculative forecast from those who don't the real money. Owen made a point as to how ETFs work, but it doesn't change the bearish trend with not identifiable bottom yet!!

SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

I agree with Chris, a change in mindset is required, hopefully for individual traders like me the market is going to go back to those tranquil days when we where able to make USD 2.000 / day just by using a large stop. If you made good money over the last 3 years keep it safe and make up for those sleepless nights by have a wonderful vacation, in the mean time the trend is your friend and the upcoming low volatility your live insurance. Don't mess with the past, it is just that the past.

SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

Finally a Gold bug accepts that the Gold scenario have change severely in the overall environment, it's not that Gold isn't worth its price, it is that major holders of Gold nowadays are Funds, Investments Bank and ETF, it they don't sell at times where the price of the dollar, the inflation outlook and the overall sentiment is recessive, then their profit is going to dissapear forever, dont' trade spot trade short funds like DB, noone ever would like to hold a losing asset unless it is properly hedge but how can you hedge holdings of physical Gold? probably by selling paper Gold which makes the case even stronger. Watch out for analysts recommending you to buy without looking at the big picture, they may be angry for the so called free market (a manipulated one) but the fact is that you want to make money regardless who is mad of the market and who is not, madness comes as a natural reaction to huge losses in a very challenging environmet like this. On top of this, losing investments bank now have to grab their well built up commodity wealth while it last, it is the one of the few liquid assets that can provide cash when they are going broke