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Gold Up Sharply as the Bear Market Rally Falters

Gold is going to $700 with a brief stop at $780.
Do you thing the Chinese are idiots to pay over $900?


On Apr 26 02:25 AM Freya wrote:

> Jambo: thats exactly the point, Peter gave us the Day to buy. That
> was the day of the Articles print.
>
> "$1,000 Gold by the end of the week".
>
> Did it occur? No. Now he makes it sound as if that call was right
> on. It will continue to rise to "$1,500" was part of that Call. Its
> not even mentioned above.
>
> What part of "I was right with at 5% rise in Gold" equate to "gold
> at $1,000 by 04/24".
>
> On Mon. April 20, I made the following Comment in an Article called
> "Is the Recent Gold Rush Over":
>
> It could rally back up to $940-950 but guess what, it will go back
> down to $870 again.
>
> Peter's $1,000 Article came out the very next day...yes, its a matter
> of timing.
>
> Over the next few days, we will see who made a better call won't
> we?
>
> Peter's Call came on

Gold Up Sharply as the Bear Market Rally Falters

Thank you my friend. These people are more than nuts. They have no clue how to make money. They just dream about the eve of destruction.


On Apr 25 12:16 PM logicalthought wrote:

> Okay, I was too kind (or, perhaps, trying to avoid picking a fight)
> when I used the phrase "gold guys" in my earlier comment. After now
> reading through some of these postings, it's clear that I should
> have followed my intuition and instead used the phrase "gold nuts".

Gold Up Sharply as the Bear Market Rally Falters

And he has been dead wrong. We take a swing at the ball as well but pointing out things to gold bugs is like talking to a wall. Any negative comment on gold brings an avalanche of "thumbs down". You people totally miss the point. It's your money.


On Apr 25 10:57 AM tb1975 wrote:

> What are your predictions, smarty pants? At least Peter takes a
> swing at the ball.

Gold Up Sharply as the Bear Market Rally Falters

The title of this article is offensive to the intelligence of even a simpleton

Nouriel Roubini laughs off the "V" seekers. "My analysis of the data suggests that the global economic contraction is still in full swing with a very severe, deep and protracted U-shaped recession."

We don't know if it's a U or an L.
We use the Greek alphabet and we can certainly say that Mr.Roubini missed the bottom.
Economics is one thing. Stock markets have their own timing and psychology.

Why Physical Gold Is Superior to Mining Stocks for Long-Term Investors

Gold is not an investment. Its a delusion of security.

Gold Is Still a Good Choice

“It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.” - Warren Buffett

"short-term trades really don’t interest me. That’s the province of gamblers, financial engineers, inside traders and people with friends in government." - Jesse Veverka

Are you serious ?

How the Gold Game Could End

$ 700 pretty soon.

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Thanks for the analysis. We never did a thorough check up on this ETF, but we noticed something unusual.

Do Goldman's Earnings Signal Top of Sucker's Rally?

You may call it any name you want.
We have made beautiful money nevertheless.

Note to Goldman Sachs CEO Blankfein from a Shareholder

This happens everywhere not just the U.S. , and it will never change. Part of the advantages of being a public company.

Rogers Likes Agriculture Over Oil and Gold

We have often said that if we could only own 1 thing it would be MOO

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OIH has been a wonderful trading ETF. It certainly moves around.

Too Early to Buy British Housing

We own EWU at 10.48
3 reasons :
1.Low P/E ( around 8 )
2. High Yield ( around 8% )
3. Battered currency.

Will Japan and Its ETF Lose Two Decades?

We sold all our EWJ az 8.49