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Another Month, Another Century Mark: Gold Closes in on $1,200

Next target is $1300 within 2 month....

Roger Wiegand: $2,960 Gold on the Horizon?

Gold will continue to lead the markets higher indefinitely based on the following:

1. Uncertainty of the world equity bubble in the making
2. Instability of US dollar
3. Fed monetary policy of Zero interest rate creating a dollar carry trade
4. Dehedging of Gold miners that makes the Central Banker the net buyers of gold
5. Corruption of Central bankers around in the last decade 6. Failed financial regulations
7. Uncontrolled and biased Stimulus for the Bankers
8. Trillions of outstanding CDS and derivatives
9. Global shift of economical powers
10. Inflation is the quickest solution for the financial tsunami

Until changes made in items 3-8, Gold will be the safest investment in a long run.

Gold Volatility to Rise as Phase II of Global Credit Crisis Unfolds

As the huge bailout packages and massive deficits are not going to disappear overnight, the value of the US dollar is likely to decline even further in the coming months. And, if the central banks continue to buy gold, the price of the yellow metal is poised to make new highs. While, it may encounter resistance at US$1200 and at US$1300, this will not be the end of this bull market.

Max Keiser: 'World Entering Phase Two of Global Economic Crisis'

The solution is further devaluation of dollar to inflate our way out of this mess...we need more bubbles....Loser credit to lie to ourselves for another decade that everything will be ok.

ETF Update: Gaining Trading Discipline in a Time of Turmoil

If there was a method or trade mechanism that works let us all know. I have news for you and you alike; there is no magic system or mechanism in stock market trading.

The forces of market moves are much greater than the individual investor's logical intellect. All you can do is to hope to ride the wave in the right direction. The stock market is like the body of the ocean, fluid and constantly changing. If you managed to stay afloat you are a winner.

The recent remarkable rise in the market was not expected by the average, because they relied on Technical and Fundamentals analysis.

These days, equity prices will rise or drop based on the Wall Street decision (controlled by central bankers) not based on the main street numbers. The central bankers (with having the Fed support) can print as much dollars as they wish to create new bubbles around the world to keep the corrupted financial system afloat.

Before analyzing a ETF, fist you need to figure out the FED's next move, only then you can survive the storm.

How to Trade the Rest of the Year - Goldman Sachs

Equity Markets has been moving up in the opposite direction of dollar lately.

The Dubai debacle will help the dollar temporarily, at least vis-a-vis European and Asian currencies but longer term the outlook for the dollar has to remain bleak.

For gold maybe once things settle down there will be a recovery which may take it to yet higher levels as ‘safe haven' buying returns. Financial uncertainty tends to be good for the gold price.

Is Dubai's Default a Black Swan Event?

Dubia's failure is an extension of real estate bubble around the world created by the innovative central bankers in New York and London.

Dubai is considered the center of the world for free trade zone, the gateway of the world to the middle east. This is were East meets West.

Dubai is the first middle eastern country that has been effected by the advanced western financial system.

The middle eastern do not rely in credit to purchase homes, the home transaction are in cash. The introduction of western credit to middle east has failed to flourish.

The Dubai failure is not as important as what has happened in the United Estates and Europe (specially Spain) housing bubble.

Dubai economy is not dependent on western credit system, they are a tiny country with an enormous amount of natural energy resources. They are dept free wealthiest country.

This event is just a blimp or a tiny noise in financial news tapes, but it is a major indicator of failed western financial system that could not spread.

The dollar will rise and other currencies will fluctuate up and down against each other for a while, but the ultimate answer to currency strength is directly proportional to the effectiveness and trustworthiness of its financial system.

The West needs a credible financial regulating system that would prevent the human greed to overpower it, until then Gold rules.

Single Family Homes Remain Oversupplied by Over 900,000 Units

One out of every four home mortgages are greater than the house value. It is just a matter of time for those homes to join the list of short sale or foreclosed homes.

Home process in 2010 will drop by at least 10 percent, unless dollar drops faster than the housing prices.

The Fed: Waiting for Absolute Clarity on Rates

Until there is no overhaul of financial regulations we will get more of the same.

Gold and Silver - How High Will They Go?

Gold is a near constant measure of valuation because it can not be printed, it is tangible, durable and we even wear it as a symbol of wealth. Gold used to be the source and measure of power and wealth during the barbaric times.............Are we going back to the barbaric times when barbaric behaviors were not punished and the innocents people were sacrificed to their gods?

Dollar is no world reserve currency for no reason.

Dollar is America, it is the symbol of innovation and creativity, a symbol of dreams coming to reality above of all it was suppose to be the symbol of credibility and trust.

Once the code of financial regulation system was broken the barbaric greed of wall street central banker CEO's with the help of Federal Reserve destroyed the trust and reputation of America and its currency.

The last decade of bubbles were created to keep the lid on the corruption at the core of the financial system.

Do you really think dollar will go lower?

All we know is that the Central Bankers are the net buyers of gold as the Goldminres (Barrick Gold, AngloGold Ashanti and many other miners) dehedging continues.

The equity markets around the world are at the bubble state pumped up by the worldwide stimulus and excessive printing press of Federal Reserve.

With the Zero Interest Rate Dollar Carry Trades hedge fund geniuses are hard at work creating bubbles around the world, what do you expect to happen to the dollar and the dollar dominated currencies ultimately?

What do you think will happen to dollar when we know we have to create more stimulus because we have the highest unemployment with no sign of real improvement, or one in four homes worth less than the mortgage? Do you think the tax payers benefited from the first stimulus money or the bankers?

What do you think will happen to dollar when we still have lobbyist and corrupted congressman in the system?

The recent rise of Gold is nothing compare to where it needs to be.

Gold may be high against dollar, but not against all the other currencies. There is no other currency that can replace dollar but Gold, even if temporarily.

For your peace of mind, as long as the Interest rates remain at Zero (for the central bankers) and as long as there is no change in the current financial regulation system, you can bet on the barbaric Gold indefinitely

Unusual Activity in GLL: Are Traders Turning Bearish on Gold?

Central bankers are the net buyers as the Goldmines (Barrick Gold, AngloGold Ashanti and many other miners) dehedging continues.

With the equity markets at the bubble states pumped up with tax payer money, Zero interest rate dollar carry trade, high unemployment, one in four homes worth less than the mortgage, over 600 Trillion of derivatives outstanding, out of control stimulus, and corrupted congressman, greedy financial CEO, central bankers monopoly, trade imbalance, .......the only safe place to be is in hard asset or businesses with innovation and growth during the currect financail crises.

Gold Bears Stop Sector from Overheating

As the current world reserve currency ($) drops there would be a period of denial then the panick will set in to take all other currencies running to the only trusted hard asset "Gold".

The severity of the financial tsunami (greed) is so great that they have no choice but to resort to idiotic manipulation and multiple bubbles in an effort to save it, but they are only postponing the inevitable.

At the same time, it is all working toward destroying the dollar, which is in a way, is positive for US of A in a long run (devaluating the trillions in dept/deficit).

Gold will become the only valuable real currency (USA has the largest reserve in the world) and will cause the current financial system to collapse as we know it. The run on the market (minus the financial equities) is the indication of refaltion not in a distant future. Based on this scenario the equities (with cash and tangible asset) should go up 3x from where we are today.

Will Gold Hit $1,200 by the End of the Year?

The severity of the financial tsunami is so great that they have no choice but to resort to idiotic manipulation in an effort to save it, but they are only postponing the inevitable.

At the same time, it is all working toward destroying the dollar, which is in a way, is positive for US of A in a long run (devaluating the trillions in dept/deficit).

Gold will become the only valuable real currency (USA has the largest reserve in the world) and will cause the current financial system to collapse as we know it. The run on the market (minus the financial equities) is the indication of refaltion not in a distant future. Based on this scenario the equities (with cash and tangible asset) should go up 3x from where we are today.

Will Gold Hit $1,200 by the End of the Year?

Gold will rise until 2012 enjoy the ride!

Why The Market's Set to Move Lower For the Rest of the Month

In case you have not realized, technical and fundamental analysis has been out of the window since March 9 2009.

The central banker and the Fed are busy pumping up the market with billions of tax payer money.

This is a one way street my friends, there is no room for failure of the market. There may be drop in the market, but it will last for a short period and there would be no meaningful correction.

We live in an era of separation between the main street from Wall street. Good luck trying to apply Technical and fundamental analysis on your investment.