esotericist

Where Is the Gaming Industry Headed?

grammartips.homestead....


begs the question MISUSE.

Expecting Gold to Sell Off - Temporarily - in October

This is an amateur T.A. 'exponent'. Focussed on MA's etc. All crude 'derivative' indicators of past price action.

Wave action and fibonacci levels work better in my experience.

Why Value Investors Should Avoid Gold

Money is supposed to serve two purposes.

1. Medium of exchange
2. Store of wealth

Paper money fails the second test.
Gold fails the first in this digital age.

That is why my savings are in gold, my medium of exchange a debit/credit card + some paper cash and kept in digital ones and zeros in my 'bank'.

Every paper money standard in history has returned to its intrinsic value. That of the paper upon which it is printed. NOTHING.

www.gold-eagle.com/edi...

It will take about $1650 paper money to buy an ounce of gold on this run.

Gold Bulls Outnumber Bears

My take, too. Same numbers, too.

Super short opportunity on some gold miners.
There are gaps to be filled on all. GG for example at 30 or so.

Made 5K in GG on the upswing last 2 weeks... now in cash waiting for a fall. Willing though to change my mind on a dime if the action supports that conclusion. Because if it does... this is it. Commercials covering at this level would be good for 2-300$ an ounce at least. I'm skeptical this is the time though. We have an intellectual debate going on here. Inflation or deflation. I think it's deflation. And the global economy is screwed.

On Jun 28 06:45 AM Macro_Man wrote:

> Gold is going to continue dropping till at least 870 and here is
> why:
>
> Technicals: It dropped from 990 to 913 pretty quickly. Then it
> formed a flag as it retraced 50% of its drop. On Friday it looks
> like it broke the flag formation on heavy volume. We could get confirmation
> as early as Monday/Tuesday. In this case, the break point of 940
> less 77 (the maginitude of the drop from 990 to 913) is about 870
>
>
> Fundametals: Jewelry demand is constitutes 60% of the demand for
> gold and India is a big consumer. With poor monsoons and a weakening
> ruppee, there will be lower demand. Same can be said for jewelry
> demand from other countries. Summer season is traditionally slow
> for Gold. The Fed is pulling back its horns, inflation fears are
> subsiding globally. The long bond can rally a few more basis points,
> but will sell off again after hovering around 4.20% or so (again
> based on technicals from the recent rally)...short term interest
> rates will likely go up as well. The dollar is poised to bounce back
> soon. S&P looks like it is forming a head and shoulders with
> the right shoulder building in text book fashion on low volume.
>
>
> Prediction is if we get confirmation on Monday..then gold is heading
> all with the way down to 870 at the least....after spending some
> time around 900 and 890...as there will be enormous support there
> with a lot of put selling by a lot of people.

Intraday Charting: Response to Obama's Speech

Gold serves to store the value of all the other stuff you might ever want to buy. It looks pretty. And giving it to your lady generally gets you laid.

Nuff said?

(you silly boy)

How Investors Can Trade the Dollar

the correlation is NOT 'well-established'. Look at the charts.

Goldcorp Pricing Itself Out of Consideration, But Buys Reside Elsewhere - UBS

"low overall cash costs, un-hedged growth, low political risk and exploration potential."

That's why it's worth $80 a share. And they want a piece of it. Hence the heavily caveated 'downgrade'...

Gold, Silver During Deflation: Sell the Metals Short

Short Version?

Everything it NOT under control. Is actually well beyond control.

Gold, Silver During Deflation: Sell the Metals Short

Any POG analysis commentary that is debating inflation or deflation - as if each can be given the appropriate medicine by the wise men who protect us every night we go to bed... .is a commentary in denial of the real issue. THEY can no longer protect us from the MARKET they have worshipped for so long. The market has a mind of its own and IT IS NOT benign.

It is my opinion that the powers that be are facing two charging rhinos armed with little more than a .22 - with one lousy bullet left.

Gold, Silver During Deflation: Sell the Metals Short

POG has IMHO... nothing to do with inflation or deflation (at the moment).

It has everything to do with fear.

Fear the fiat money - the US$ in particular - but all currencies, actually, as they competitively devalue to gain global market advantages.

Fear of inflation therefore.

And also fear of the effects of deflation. That the global financial system is very fragile, built in a sky-high pile of fiat cards.... and will collapse under the weight of its own internal inconsistencies.

The plethora or 'is it inflation or deflation' debates are ACTUALLY the reason POG is going up. Total uncertainty about what the future holds - and thus, how the powers that be will react. And, indeed, whether the powers that be, and have been... for several decades will actually remain powers at all. And if not... what then?