Obama Signals Bernanke Out. Bernanke To Signal Bond Purchases Over? [View article]
Not a chance, and today's market reflected that. Maybe -- only Maybe -- there will be a hint of tapering starting like, December or something. Full steam ahead it would seem!
If The Fed Tapers, It Risks Triggering A Stock Market Avalanche - Here's Why [View article]
Don't worry about it. Dave Kranzler is like Cramer to me. A personal contrary indicator. One day he will panic, bail, and get bearish on the PM's, and that is likely to be near a major bottom. That is after of course losing most of his followers money.
Money Managers Hedge funds and other large speculators got more positive in the past two weeks after reducing bullish bets to the lowest in almost six years, U.S. Commodity Futures Trading Commission data show. They increased their net-long position by 60 percent to 57,113 contracts in the two weeks to June 4. (Bloomberg)
Where do you get YOUR research? Obviously, in addition to being rather -- I'll be nice -- unwise-- you seem to have a problem with quoting accurate facts. Keep writing please. You are now a contrary indicator of mine!
Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
Look, I have no idea. But it is, IMO, going to break that 1350 support, and I am short for this. Put up or shut up. You don't agree, fill up right here at 1385.
Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
I'll add some analysis. Gold is the ultimate safety trade, pays no dividends, and thrives in times of crisis. It is still; horribly popular and overowned! It is the ONLY asset my non- trader friends; ever mention as something to invest in.
What is ignored, is Europe is healing ( although anemic) and the crisis there is going away. As for the risk of inflation in the US, if -- and we are far from seeing it -- inflation really starts to get going, the people will scream, and the FED will slam on the brakes -- hard. Guess then which asset will lead on the way down. Higher rates are poison for Gold.
Notice technically, the absolute anemic rally attempts in both Gold and related stocks, with a panic in Japan, and QE - soothing comments today, and horrible sentiment. Sentiment by itself, is NEVER a reason to buy an asset! Trading 101. Nothing can rally it. Listen -- it is sending a message, the next move down will be a doozy.
Gold will soon crack 1350, on its way to 1200. Get out, and buy a productive asset like cyclicals or emerging markets -- they are cheap at current prices.
If The Fed Tapers, It Risks Triggering A Stock Market Avalanche - Here's Why [View article]
I'll add some analysis. Gold is the ultimate safety trade, pays no dividends, and thrives in times of crisis. It is still; horribly popular and overowned! It is the ONLY asset my non- trader friends; ever mention as something to invest in.
What is ignored, is Europe is healing ( although anemic) and the crisis there is going away. As for the risk of inflation in the US, if -- and we are far from seeing it -- inflation really starts to get going, the people will scream, and the FED will slam on the brakes -- hard. Guess then which asset will lead on the way down. Higher rates are poison for Gold.
Notice technically, the absolute anemic rally attempts in both Gold and related stocks, with a panic in Japan, and QE - soothing comments today, and horrible sentiment. Sentiment by itself, is NEVER a reason to buy an asset! Trading 101.
Gold will soon crack 1350, on its way to 1200. Get out, and buy a productive asset like cyclicals -- they are cheap at current prices.
Is The VIX 'Wall Of Worry' Preceding Another Big Market Rally, Even A Parabolic One? [View article]
Cliffs Natural Has Bottomed. Time To Buy [View article]
CLF itself downgraded.
Chinese GDP estimate slashed.
China says no to money for banks.
Coal industry estimates slashed.
CLF hangs tough, CAT and JOY (related) both at HOD.
Worth watching here.....ANY relaxing of policy by China, I think all these stocks do a moon shot.
When Margin Debt Goes Over 2.25% Of GDP, The Stock Market Always Crashes [View article]
Obama Signals Bernanke Out. Bernanke To Signal Bond Purchases Over? [View article]
When Margin Debt Goes Over 2.25% Of GDP, The Stock Market Always Crashes [View article]
If The Fed Tapers, It Risks Triggering A Stock Market Avalanche - Here's Why [View article]
Cliffs Natural Has Bottomed. Time To Buy [View article]
If The Fed Tapers, It Risks Triggering A Stock Market Avalanche - Here's Why [View article]
Gartman: 'Gold Is A Broken Commodity' [View article]
I'm thinking I'll buy tonight. Might be a break over 1400 for August gold futures and a big short squeeze. Shorts are at huge levels now.
Gartman the perfect contrary indicator.
Silver: Was Friday's Spike A Bullish Indication? [View article]
I'm thinking I'll buy tonight. Might be a break over 1400 for August gold futures and a big short squeeze. Shorts are at huge levels now.
Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
A multi thousand dollar move and you are waiting for down 100 or so? Why not step up now, with leverage? Do you believe , or don't you?
Gold: Time To Short [View article]
Hedge funds and other large speculators got more positive in the past two weeks after reducing bullish bets to the lowest in almost six years, U.S. Commodity Futures Trading Commission data show. They increased their net-long position by 60 percent to 57,113 contracts in the two weeks to June 4. (Bloomberg)
Where do you get YOUR research? Obviously, in addition to being rather -- I'll be nice -- unwise-- you seem to have a problem with quoting accurate facts. Keep writing please. You are now a contrary indicator of mine!
Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
What is ignored, is Europe is healing ( although anemic) and the crisis there is going away. As for the risk of inflation in the US, if -- and we are far from seeing it -- inflation really starts to get going, the people will scream, and the FED will slam on the brakes -- hard. Guess then which asset will lead on the way down. Higher rates are poison for Gold.
Notice technically, the absolute anemic rally attempts in both Gold and related stocks, with a panic in Japan, and QE - soothing comments today, and horrible sentiment. Sentiment by itself, is NEVER a reason to buy an asset! Trading 101. Nothing can rally it. Listen -- it is sending a message, the next move down will be a doozy.
Gold will soon crack 1350, on its way to 1200. Get out, and buy a productive asset like cyclicals or emerging markets -- they are cheap at current prices.
If The Fed Tapers, It Risks Triggering A Stock Market Avalanche - Here's Why [View article]
What is ignored, is Europe is healing ( although anemic) and the crisis there is going away. As for the risk of inflation in the US, if -- and we are far from seeing it -- inflation really starts to get going, the people will scream, and the FED will slam on the brakes -- hard. Guess then which asset will lead on the way down. Higher rates are poison for Gold.
Notice technically, the absolute anemic rally attempts in both Gold and related stocks, with a panic in Japan, and QE - soothing comments today, and horrible sentiment. Sentiment by itself, is NEVER a reason to buy an asset! Trading 101.
Gold will soon crack 1350, on its way to 1200. Get out, and buy a productive asset like cyclicals -- they are cheap at current prices.