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eagle1003

eagle1003
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  • Expect Immediate Trepidation Before Rally [View article]
    The stock market is looking 'tired' on the charts. I remain long gold and gold stocks while short the S&P by way of inverse ETFs. So far, the long gold has paid off nicely but I believe after a shallow pull back, gold is going to soar.

    The stock market, on the other hand needs a deep correction and it's coming sooner than later. Money that has been flowing from Europe to Us equities will undoubtedly reverse as it's QE ramps up.
    Jan 23, 2015. 04:19 PM | 1 Like Like |Link to Comment
  • A Fork In The Road Is Dead Ahead [View article]
    This is a good article. For gold to be rising as the dollar is advancing sharply means that demand for gold is very strong. Any pull back in the dollar is going to reveal just how strong that demand really is. At some point , we are going to witness one or more $100 daily increases in gold.
    Jan 22, 2015. 03:57 PM | 4 Likes Like |Link to Comment
  • The Reset Has Already Begun [View article]
    Lots of interesting speculation.
    Jan 22, 2015. 10:35 AM | 1 Like Like |Link to Comment
  • Gold Price: A Short-Term Rally Ahead [View article]
    To quote the author: " we expect the rising U.S. dollar to halt the rally in the coming months" Really? As in the same way it has stopped the gold's rally of the past few months?

    Gold is primarily driven by demand, not currency fluctuations. When is that dollar/gold correlation nonsense ever going to put to rest, as it should be?
    Jan 21, 2015. 11:11 PM | 4 Likes Like |Link to Comment
  • Gold Price: Return Of The Bull Market Or Bear Trap? [View article]
    I am not sure that an increase in financing deals has any meaning. The oil and gas sector was getting plenty of financing until the bottom fell out for the price of crude. Several banks are about to taken out to the woodshed on some of those loans.
    Jan 21, 2015. 11:06 PM | Likes Like |Link to Comment
  • Will The ECB Kill The Gold Rally? [View article]
    Hmm, the tone of this article is quite bearish towards gold. Many readers will interpret "caution" as "don't buy" and will fail to buy gold on a dip.

    Eric, gold's correlation to QE programs is inconsistent and therefore unpredictable. For now, gold has adopted a bullish stance and will probably remain so, regardless of what the ECB does with it's bond buying program. If gold drops sharply on the announcement, and I don't think it will, I will be in there buying. In fact, I bought more on this morning's dip.



    Jan 21, 2015. 12:03 PM | 4 Likes Like |Link to Comment
  • The Main Bearish Thesis On Crude [View article]
    Paulo, I always enjoy your well reasoned articles. Thanks for continuing to contribute here on SA when so many others have quit due to SA's discouraging new 'rules'. I guess they know what's best for their readers. But, I digress, so on with my take on the oil conundrum. What is the real issue? Is it too much supply or not enough demand or, just plain old manipulation by those who seek to control the market as they see fit (Saudi Arabia)? We have no way of knowing for sure because the media never paints a true picture of anything anymore. The simple answer may be that too much supply has been has hit a market too quickly and has upset a long standing demand/supply balance.

    Where and when crude is going to bottom is a guessing game. I suspect that eventually, some producer(s) will surprise the markets with an output cut that gets the ball rolling that will cause other producers to do likewise. Oil could conceivably jump 50% in less than a week. The question is, how low does crude have to go before that happens? My guess is somewhere between $30 and $35.
    Jan 20, 2015. 03:15 PM | Likes Like |Link to Comment
  • Natural Gas: It Is Alive, But For How Long? [View article]
    Still waiting for the $2.50 level.
    Jan 20, 2015. 02:28 PM | 2 Likes Like |Link to Comment
  • Everything Has Changed: Oil, Saudi Arabia, And The End Of OPEC [View article]
    Sorry, the link was incomplete, here is the correct link: http://lmt.co/1yJEu5x
    Jan 13, 2015. 03:25 PM | Likes Like |Link to Comment
  • Understanding The Gold Trade: Why Gold Hates Inflation [View article]
    I read and re-read this article and it made less sense the second time around. The real rate of inflation in the US is far less important than how many ounces of gold an Indian wants to adorn himself with or how many tons the Russians and Chinese are buying. A loss of confidence in the American dollar would send gold soaring, no matter what the real interest rate might be.
    Jan 13, 2015. 03:11 PM | 4 Likes Like |Link to Comment
  • Everything Has Changed: Oil, Saudi Arabia, And The End Of OPEC [View article]
    Forget all the complex theories about why oil is crashing. One of the commentators, stockdunn, was good enough to post a link to a video that everyone should watch. It is becoming clear why the Saudis themselves have publicly stated why we may never see $100 oil again. I will post the video link again so those who haven't seen it don't have to search for stockdunn's comment (credit is due to stockdunn).

    Watch the following video to understand the progress towards what may be mans' greatest invention.
    http://lmt.co/1Aac3Kb…/products/compact-fus...
    Jan 13, 2015. 01:26 AM | Likes Like |Link to Comment
  • Natural Gas In Early Stages Of Rebalancing Process, Prices To Fall Further [View article]
    Long term futures are the way to go if one keeps plenty of cash reserve on hand to withstand the margin calls in case the trade goes south for a while.

    Hmmm.. those 2019 futures sure do look tempting.
    Jan 10, 2015. 12:52 AM | 1 Like Like |Link to Comment
  • Major Correction Is Imminent...In My Subjective Opinion [View article]
    Okay. I also want to make a prediction: The market is going to crash!! Put another way for those who aren't getting it: A crash is almost for sure inevitable!!

    One must say that once in a while or there is no possibility of a book deal down the road for having 'nailed' it. That Schiff guy is my inspiration. Now there is a man who knows how to make money. Sells a ton of books. What a genius.
    Jan 10, 2015. 12:44 AM | 2 Likes Like |Link to Comment
  • Natural Gas In Early Stages Of Rebalancing Process, Prices To Fall Further [View article]
    Don't waste your time with charting. It doesn't work with a commodity whose price at this time of year is so dependent on the weather. Unless, of course, charting can tell you what the weather will be like in the following months.

    I am out of NG for now because there is no shortage and the weather isn't supposed to be terribly cold over the next few weeks. Yeah, sure, it could pop up in spectacular fashion but it could also easily drop below $2.50 due to plenty of production and not enough demand. The risk/reward possibilities are not something to get excited about. Having said that, $2 gas would get me very interested.
    Jan 8, 2015. 11:46 PM | 4 Likes Like |Link to Comment
  • Challenging The Mainstream Propaganda [View article]
    This article is the best I have read in a long time. Well done.
    Jan 8, 2015. 03:14 PM | 4 Likes Like |Link to Comment
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