GoldWize's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/282694/comments http://seekingalpha.com/article/100816-falling-gas-prices-are-a-tax-cut-of-massive-proportions?source=feed#comment-287170 287170 decided that we didn't want to drill here anymore. There is enough
oil under US lands to supply the US for the next 100 years or more.
The only difference is that we need to build the technology to get to
it safely and convince the voting public that it really is safe on the
environment. ]]> Tue, 21 Oct 2008 12:59:48 -0400 decided that we didn't want to drill here anymore. There is enough
oil under US lands to supply the US for the next 100 years or more.
The only difference is that we need to build the technology to get to
it safely and convince the voting public that it really is safe on the
environment. ]]> http://seekingalpha.com/article/100810-falling-oil-the-giant-global-tax-cut?source=feed#comment-287168 287168 okay to short this for now, but don't get caught long term short. Just
like in the seventies when we hit U.S. peak oil, there was a national
recession. Now, we've hit global peak oil. There has to be a world
recession, maybe even depression, to keep oil use at a sustainable
level. You know what that means. Less sushi, more Ramen. ]]> Tue, 21 Oct 2008 12:59:18 -0400 okay to short this for now, but don't get caught long term short. Just
like in the seventies when we hit U.S. peak oil, there was a national
recession. Now, we've hit global peak oil. There has to be a world
recession, maybe even depression, to keep oil use at a sustainable
level. You know what that means. Less sushi, more Ramen. ]]> http://seekingalpha.com/article/100803-options-trader-outlook-for-a-testy-tuesday?source=feed#comment-287163 287163 require the economy getting back on track. If they can't get the
banking crap sorted, you can expect to see gas drop back down to the
range of low 2 something a gallon before it climbs up again. China
can't build squat if the economy tanks. Fact is, OPEC shot themselves
in the foot when they let oil climb sky high which inevitably drives
up supply. The end result is that oil will be sitting at an
oversupplied rate over the next 2-3 years and opec will be caught in
the middle of trying to drive prices back up by reducing supply while
the US market increases supply through other means to keep prices
down. Ultimately they also sparked a revolutionary change in the
market place so that consumers focus on gas mileage instead of size
which reduces the demand. ]]> Tue, 21 Oct 2008 12:58:44 -0400 require the economy getting back on track. If they can't get the
banking crap sorted, you can expect to see gas drop back down to the
range of low 2 something a gallon before it climbs up again. China
can't build squat if the economy tanks. Fact is, OPEC shot themselves
in the foot when they let oil climb sky high which inevitably drives
up supply. The end result is that oil will be sitting at an
oversupplied rate over the next 2-3 years and opec will be caught in
the middle of trying to drive prices back up by reducing supply while
the US market increases supply through other means to keep prices
down. Ultimately they also sparked a revolutionary change in the
market place so that consumers focus on gas mileage instead of size
which reduces the demand. ]]> http://seekingalpha.com/article/100677-misinterpretation-of-gold-lease-rates-and-why-gold-could-rise?source=feed#comment-287160 287160
When the market manipulation ends (after the US election) and
demographic patterns take hold (buying behavior changes as baby
boomers retire - starting in 2009) you will find no one will be
seeking the US dollar or EURO and gold and silver will be in great
demand.

If history is a guide, gold will be steadily advancing in the coming
months, once the hedge fund-liquidation ends; and when foreign
governments stop propping up the dollar to help the incumbent party
during November's US election. The recent back-sliding is not because
of the some inherent flaw in gold investing, but because hedge funds
and (some) government manipulation (keep people in dollars effort) are
selling... and selling big! Hedge funds are selling to cover margin
calls and short positions... and to retrieve cash for those bailing
out of their once precious multi-trillion dollar funds.

Here is what will happen in the coming six months. Once the election
is over (Nov), foreign governments will not be supporting a strong US
dollar policy. Instead they will be retaining gold and silver to
hedge against the coming economic winter and the falling reserve
currency (USD). Hedge funds will complete most of there short selling/
covering calls by the end of November... and to satisfying client exit-
demands (look for a few more periods when options expire). Then as
the US government and others inflate their currencies and try to
Keynesian-spend their way out of this economic down turn (Thanksgiving
through Spring), look for gold and silver to reach it's all time high
(I'm forecasting February highs).

Keep the faith! ]]> Tue, 21 Oct 2008 12:56:37 -0400
When the market manipulation ends (after the US election) and
demographic patterns take hold (buying behavior changes as baby
boomers retire - starting in 2009) you will find no one will be
seeking the US dollar or EURO and gold and silver will be in great
demand.

If history is a guide, gold will be steadily advancing in the coming
months, once the hedge fund-liquidation ends; and when foreign
governments stop propping up the dollar to help the incumbent party
during November's US election. The recent back-sliding is not because
of the some inherent flaw in gold investing, but because hedge funds
and (some) government manipulation (keep people in dollars effort) are
selling... and selling big! Hedge funds are selling to cover margin
calls and short positions... and to retrieve cash for those bailing
out of their once precious multi-trillion dollar funds.

Here is what will happen in the coming six months. Once the election
is over (Nov), foreign governments will not be supporting a strong US
dollar policy. Instead they will be retaining gold and silver to
hedge against the coming economic winter and the falling reserve
currency (USD). Hedge funds will complete most of there short selling/
covering calls by the end of November... and to satisfying client exit-
demands (look for a few more periods when options expire). Then as
the US government and others inflate their currencies and try to
Keynesian-spend their way out of this economic down turn (Thanksgiving
through Spring), look for gold and silver to reach it's all time high
(I'm forecasting February highs).

Keep the faith! ]]> http://seekingalpha.com/article/100642-why-oil-and-gold-are-headed-much-higher?source=feed#comment-286647 286647 1) Massive increase in money supply
+
2) Lowered interest rates
=
3) Increased inflationary pressures.

= investors running to gold and oil as a safe haven.]]> Mon, 20 Oct 2008 16:42:19 -0400 1) Massive increase in money supply
+
2) Lowered interest rates
=
3) Increased inflationary pressures.

= investors running to gold and oil as a safe haven.]]> http://seekingalpha.com/article/100625-gold-beware-the-bucking-bull?source=feed#comment-286530 286530 Mon, 20 Oct 2008 14:40:29 -0400 http://seekingalpha.com/article/100689-what-s-it-going-to-be-inflation-or-deflation?source=feed#comment-286528 286528
-Money supply increase
-inflation pressure increases
-SEC valuation modification: we can't properly value equities
-leading to more uncertainty
-investors run to hedge their cash
-worldwide increase in the price of gold.

Gold Long, Inflation Long.

]]> Mon, 20 Oct 2008 14:39:35 -0400
-Money supply increase
-inflation pressure increases
-SEC valuation modification: we can't properly value equities
-leading to more uncertainty
-investors run to hedge their cash
-worldwide increase in the price of gold.

Gold Long, Inflation Long.

]]> http://seekingalpha.com/article/100677-misinterpretation-of-gold-lease-rates-and-why-gold-could-rise?source=feed#comment-286526 286526 Mon, 20 Oct 2008 14:36:29 -0400