ROLEX18K

What Is Going On With Gold?

One question many common sense short sellers in Gold don't understand I have an answer to - WHY THE HELL GC DIDN'T CRASH YET?
Aha, here we go, dear short sellers keep your breath, I have good news for you - the collapse of GC market can not happen today, because the Fed and Central Banks in Europe don't know how to get around it.
On one hand their price of GC is 200-300 an Oz. but investors are eating it at 800$ so they will keep feeding gold bugs end of the world conspirators as long as they have the buck to buy at crazy price, when the balance will shift and bugs will be full of GC, then the Gold will crash so fast that haircuts of bugs will look like Einsteins.
Let them buy, there are still few hundred thousands tonnes in the vaults and productions from cash squeezed mining giants is piling the COMEX pit with the speed of light.
If you are short, stay short as Gold bugs are too weak to push it even through 900$.

Hedge Funds Not Alone in Defending Short-Selling Secrecy

am sorry to ask, maybe it's not polite, but who of all the SA experts ever bought a Rolex or Mercedes from trading stocks,futures,options they are experts on.
I propose to SA to make "REALITY CHECK METER" photo album where we can see a super trader wearing Patek or even Omega or sitting in his Bentley or at lest BMW 3.
I make about 10,000-15,000 $ a month trading on my own and have no boss but when I read SA experts I feel like I am kinf of freak or homeless

The 'Reflation' Top Ten Portfolio

I am sorry to ask, maybe it's not polite, but who of all the SA experts ever bought a Rolex or Mercedes from trading stocks,futures,options they are experts on.
I propose to SA to make "REALITY CHECK METER" photo album where we can see a super trader wearing Patek or even Omega or sitting in his Bentley or at lest BMW 3.
I make about 10,000-15,000 $ a month trading on my own and have no boss but when I read SA experts I feel like I am kinf of freak or homeless.

Hedge Fund Portfolio Tracking: Renaissance Technologies (Jim Simons), Q3 2008

What sense it has to quote 100 symbols that somebody holds, it is like listing WILSHIRE 5000 companies and say that those have hedge fund investor of 0.2% or 1.9% ?
What do I care what John or Paul or Johnny bought few months ago or yesterday? You quote those traders as some gods when in reality they are same boys and girls like you and me.
You can't make money following some hedge fund manager and looking in the garbage what brand of coffee he drinks or what orange juice he drinks.

Oil Stocks: Where Can You Find Black Gold?

I like Massy Energy MEE, at the moment it is the one Oil/Gas stock I hold and only because I eagerly await takeover.

Paulson vs. Buffett

I like Mr.Buffett not for his symbol of money oracle, but for his natural way of doing businness.
He is the guy who wants a good deal and US government wants to save the economy it doesn't care about your money, it is not from the pockets of super rich, it is you buying junk to get deeper in debt and people like Buffett making money.

Bill Gross: Buy Early What the Government Buys Later

Do just the opposite that Billy does, last year I was selling futures of 30Y Treasuries, then government started to buy debt and it worked the opposite, instead of going up the bonds were in a nice trading range to the downside, now when all the talk is finally ready the bonds crash like crazy - why?
That's because Billy is selling assets (government debt) that he understands will be lowered soon by rating agencies.
I am not selling yet even if I missed the latest price collapse it is still too early for my knock down punch, I must see the reverse of this selling which is made to bring more weak hands in so later to take em all out on the short mega margin call squeeze.
Sell 30Y bonds at 144$.

Five New Forces to Drive Gold Higher

It is not a secret to anybody who went bust in the 80's buying Gold on the top, no sorry, at the same price as now ( yes, I know that the Gold buggy will argue about inflation adjusted price of 2000-2500 $ an Oz in todays dollars blablabla but same can be said of Lumber that in today'd $ should be 1000 $ or sugar about 50 $ or Palladium 1500 $ etc.,etc blablabla ) that usually the strongest commodity that finally crashes, crashes the most.
In the 80's for example not any other commodity or asset crashed more in percentage than Gold, even Crude Oil that was bubbly then went down 20 30 % but not like Gold down for 20 years.
Today we are in the same movie but more dangerous because the role of Gold/Silver ETF's that are involved in the selling process of metals that they don't hold even a gram of it.Shocked?
Yeah, GLD or SLV don't have even an ounce of metal they say they do, this sexy pictures of fat guys with 100$ suits sitting on the pile of Gold bars are nothing more than - p i c t u r e s.
Who you think will sell this guys a tonne of gold? Gold is a manipulation asset controlled by IMF that acts as a single trader in Gold for other Central Banks, jewellers can buy physical Gold, no problem no questions asked but how much you think they buy?
I can assure you it is about the same as in 1980's.
If you really believe, that guys from GLD or SLV are holding 1 ounce of it in your name, you must be naive, good hearted fellow as they sold your Gold/Silver and are selling regularly, this is how they make money and this is their agreement with the Fed, you are just an investor in the bigger Ponzi scheme than Madoff and when the floor will be cleaned the dust will fly, think if you are one to clean and decide or the one to fly.

Marc Faber on the Economy, Gold, WWIII

The only problem in the current stock market crash and a collapse of global economy - is the lack of oversight.
OTC ( over the counter ) trading must be closed alltogether or regulated in the same way as excanges are, on the exchane like NYSE,NYMEX,ICE,CBOT,EU... or just any you can think of there is margin requirements, clearing, oversight by SEC, CFTC, NFA and then brokers look at their customer account to comply with all that.
OTC platforms are founded by biggest investmant banks that in the first place lend money to investors and then require the same investors to trade on their trading platforms.
It is not regulated, it is the biggest roulette table ever founded with huge risk as there is actually no margin requirements, only volume of few hundred trillion $$$.
Now think if any fund with 1 mln $ would be allowed to trade 200-500 mln $ of Crude Oil, Gold, Coffee, IBM, Wheat, GE, Sugar on one of the following above shown exchanges - of course not.
On OTC it is all welcome, as the contracts traded are not cleared or priced in real time like on the regulated exchange, those trades are reflection of a mix of assets like price of houses, price of Crude Oil, Treasury Bonds even the value of insurance to insure a 100 mln $ yacht against sinking or some person getting cancer at the age of 40.
I am not kidding here, this is the fact that, as Mr.Buffett called OTC markets a WMD weapon of mass destruction, how come a hedge fund with 1-2 mln $ of assets to insure UBS Bank or GM debt in size of 500 mln $ against default in 10 years time.Any investor or hedge fund could do it on OTC, just pay a commission to a bank that will sell you insurance on any debt and you are welcome.
CLOSE ALL OTC TRADING PLATFORMS NOW!!!