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  • Gold Market Tightness Puts COMEX Clearing Members On The Edge Of Default... [View article]
    No COMEX member is "on edge". Believe that.
    Jun 2, 2015. 02:12 AM | 1 Like Like |Link to Comment
  • Natural Gas - Failure Is Always An Option [View article]
    The author understands NG quite well. One nasty hurricane and the bears will be scrambling to cut losses. A prolonged heat wave would accomplish the same thing. With NG, it isn't always about supply.
    Jun 2, 2015. 02:04 AM | 1 Like Like |Link to Comment
  • Apple: May Has Come And Gone And No $140; Where We Stand [View article]
    What is this WWDC ? Also, how does one differentiate between shares that are a "core" holding versus those that are for trading? A different account?

    It is not unreasonable to expect AAPL to hit $140 and it may do so before the summer has ended but it could also just as easily drop back below $100. What appears to one person to be consolidation phase can be interpreted by another as being a classic distribution pattern.

    To me, AAPL's chart is not looking very promising, at least for the shorter term so I would be selling, not buying AAPL shares.
    May 31, 2015. 04:05 PM | Likes Like |Link to Comment
  • Tremors That Will Cause Gold Price Volcano [View article]
    Only those with no ability to think whatsoever believe that inflation is subdued or that the government statistics are accurate. The price increases we are seeing at the grocery store are almost as bad as what existed back in the 70's. City property taxes and fees are rising at double digits per year. Medical costs are out of control. The bottom line is that the real inflation rate is much higher than what our government tells us. The word 'deflation' is a joke and means nothing to the struggling middle class.

    Now there is an index that provides a means of tracking inflation. According to the Chapwood index, which measures the real price increases of a basket of 500 items the average family buys, the actual inflation rate is nearly 10% yearly with a cumulative total of 47% since 2010 versus the government claim of only 7% for the same period.

    Some believe that gold can provide protection of wealth against the ravages of inflation and that is probably true over the long haul. Given the true inflation rate is in the double digits, it is only a matter of time before gold moves up to new highs.

    Read more here and pass the link on to as many as you can if you beleive that we are being lied to :
    May 30, 2015. 10:54 AM | 3 Likes Like |Link to Comment
  • NatGas Plunges As Inventory Builds Accelerate [View article]
    The recent rally was no fun for the bears who must now be greatly relieved to see NG retreating. I sold out on a profitable long position at $3.05 which I had been holding for a much longer period than usual and which was in a loss position just a month ago. Needless to say, the rally was appreciated!

    NG has a reputation for illogical pricing behavior and I am betting that the bears are going to get burned. In fact, I took out a new long position today at $2.64 and will aggressively buy more if the price falls further. Sure, we may see new yearly lows (sub $2.54), but such an occurrence should be viewed as opportunity to get in cheap.
    May 29, 2015. 06:49 PM | Likes Like |Link to Comment
  • The Stock Market: A Picture Of Excess [View article]
    After reading this well presented article, my money losing shorts and reverse ETFs don't look quite so awful. One thing that I find 'different' about this bull market is the complete lack of corrective action. Even very minor pullbacks are quickly bid back up, almost in a panic mode and without much retail involvement.
    May 28, 2015. 12:22 PM | 2 Likes Like |Link to Comment
  • Oil - This Ain't Like The Rest [View article]
    i have to agree with Go lakers. In time, demand will once again out-strip supply and prices will be back into the triple digits. The only way that this time will not be any different than previous price crashes is if an alternative to carbon based fuels comes on stream in a big way (cold fusion?).
    May 27, 2015. 04:06 PM | Likes Like |Link to Comment
  • Oil - This Ain't Like The Rest [View article]
    I tried to fully read this article but all I could see was PRICING VOLUME DEMAND SUPPLY .......over and over. The author does make some good points but his excessive use of caps does not help his thesis. Instead, the caps disrupt the flow of information and causes readers to be less likely to finish or to assign credibility to the author's arguments.
    May 27, 2015. 03:40 PM | 4 Likes Like |Link to Comment
  • Seeing Significant Demand For Gold From Central Banks [View article]
    Nothing new here. The story of Central Bank buying gold has been beat to death by multiple authors since gold peaked in 2011. So, what have central bank purchases done for the price of gold since then? For the past four years, it would seem, not much. Both Russia and China buy gold from domestic mines although China does import some.

    Now, if the Fed were to begin buying real gold instead of selling (via naked shorting on the COMEX) , we could expect to see upside pricing pressure. Unfortunately, the FED has no interest in undermining the value of the American dollar by allowing gold to soar. They will only lose control when American investors demand physical gold rather than playing into the hands of the FED by 'purchasing' gold via the ETFs.

    it is noteworthy that lately, Walmart has been jacking prices by 15 to 25% in one shot for an increasing number of items. Food price inflation is currently worse that of the 1970's. Hoarding is intensifying. It won't be long before rampant inflation infects everything else. Even the dumbed down part of the population is becoming aware that something is seriously amiss with government supplied data on inflation (and employment). Deflation is just a word that has little practical meaning to the average consumer except that gasoline has dropped some. So what. Rents are way up, houses prices are on the rise and food prices are sky-rocketing. Everything is NOT awesome!

    Neither GDX, HUI or gold have made a new lows for over 6 months. Volumes have been well above average. Those facts is a pretty good indication that someone has been accumulating in preparation for a new bull run. Let's pay attention.
    May 16, 2015. 01:27 PM | Likes Like |Link to Comment
  • The Real Reason China Is Buying Up The World's Gold [View article]
    Very good article.
    May 14, 2015. 02:17 AM | Likes Like |Link to Comment
  • Natural Gas - Inventories Rising Along With Price [View article]
    Lots of unhappy and disbelieving shorts. I don't think the punishment is over yet.
    May 12, 2015. 02:33 AM | Likes Like |Link to Comment
  • Precious Metals - Gold Continues To Disappoint Everyone [View article]
    Sideways price action or 'range bound', almost always leads to a sudden and dramatic move that sets the tone for a longer term trend. Sometimes there will be a sharp break in the opposite direction that serves to clean up on the stops before the new trend takes hold.

    So, what does this mean for gold? I don't know, but I do know but many of the miners have positive looking charts.
    May 11, 2015. 03:36 PM | Likes Like |Link to Comment
  • Natural Gas Prices Should Heat Up Soon [View article]
    Lodstar33: How do you know last week's rally was a 'short covering rally'? Just curious.
    May 3, 2015. 04:18 PM | 1 Like Like |Link to Comment
  • Natural Gas Prices Should Heat Up Soon [View article]
    As a NG futures trader, I can find no value in this article. The author does little except to state the obvious. Yes, natural gas will be in greater demand in the future while prices of the present are low. Nothing new here.

    It should be noted that higher demand does not necessarily equate to higher prices as demonstrated by current crude oil prices where excess supply, not weak demand, has cut the price dramatically.
    May 3, 2015. 11:25 AM | 7 Likes Like |Link to Comment
  • China: The Global Demand Side Of The Oil Price Equation [View article]
    Excellent article with a 'big picture' viewpoint. I have been around long enough to know that oil gluts rarely last very long. We will be seeing oil well in excess of $100 before we know it and Chinese and Indian consumption will the driver.
    Apr 25, 2015. 11:20 AM | 1 Like Like |Link to Comment