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  • Finding Canadian Oil Bargains - An Update [View article]
    Very nice article. Thanks for your work at determining realistic values. Lightstream is my pick as a take over target. There has been what appears to be a coordinated effort to drive down the share price of the stock, a tactic that makes any offer look more juicy to beaten down shareholders.
    Sep 16 04:27 PM | 3 Likes Like |Link to Comment
  • Weekly COMEX Gold Inventories: A Hedge Fund Could Buy All The Registered Gold For Under $900 Million [View article]
    Let me get this straight, the author is predicting that something that has never happened, MIGHT happen and that if it does happen, gold MIGHT go up because there MIGHT be a short squeeze. Quite the imagination but the author himself doesn't expect the COMEX to default! Even if it did, a force majeuere would be declared and any claims paid out with cash. So, what is the point of these numerous articles with the same old theme?

    The reality is that IF gold goes up, it will be due to demand from India and China, and not due to some dreamy speculation on the part of this author. If one is to be bullish on gold, the number of owners per ounce is a very poor justification for being so.
    Sep 16 03:20 PM | 1 Like Like |Link to Comment
  • Weekly COMEX Gold Inventories: A Hedge Fund Could Buy All The Registered Gold For Under $900 Million [View article]
    Gold goes up, COMEX inventories move up, gold goes down, inventories go down. It's a great correlation that has zero predictive value.
    Sep 16 01:31 AM | 1 Like Like |Link to Comment
  • Gold - Bullish Scenario After FOMC Meeting [View article]
    I liked the way gold and the miners behaved on Friday. The downward momentum has abruptly stalled out. Has the correction run it's course? I think perhaps. I bought some gold futures at $1318 and a few hundred shares of NUGT for good measure.
    Sep 14 05:38 PM | Likes Like |Link to Comment
  • Natural Gas Inventory Surplus Edges Up Despite Bullish Weather, Rig Count Back On The Rise [View article]
    Natural Gas pricing is not entirely about the most current weather and a trader will get slaughtered believing that it is. I am continuing to buy and unconcerned about pullbacks. They should be viewed as buying opportunities.
    Sep 14 12:51 AM | 3 Likes Like |Link to Comment
  • Another Gold Rally Bites The Dust [View instapost]
    No comments from the goldbug gallery today? Dave must be too busy eating crow.
    Sep 13 11:49 AM | Likes Like |Link to Comment
  • Indian demand for gold evaporates [View news story]
    Nice call Doug.
    Sep 12 09:47 PM | Likes Like |Link to Comment
  • The Market For Miracles [View article]
    Mr Flynn: Congratulations for writing yet another excellent common sense article. The Chinese statistics are completely unreliable and worthless to anyone trying to determine what kind of demand China will be putting on resources now or in the immediate future.

    Unfortunately, US statistics are being increasingly tainted by officially sanctioned 'tinkering' to make the economy look better than what it really is. The reported CPI and unemployment numbers are widely accepted as being far too low and soon the GDP numbers will be reported at higher levels than in the past, thanks to a new and 'improved' methodology for calculating GDP. Governments simply cannot be trusted to supply unadulterated numbers.

    The bottom line is that the average investor no longer has a reliable means of knowing when the economy is actually performing well or about to enter a recession. About the only thing that be safely assumed is that economies are far weaker than what government statistics would have the masses believe.
    Sep 12 09:35 PM | 1 Like Like |Link to Comment
  • Indian demand for gold evaporates [View news story]
    Macrotrader: Nice play. You obviously did not buy into "the demand for physical is through the roof" garbage that we have been hearing for various tunnel visioned goldbugs and so called analysts who should have known better.
    Sep 12 08:32 PM | 2 Likes Like |Link to Comment
  • Protect Yourself From Syria, Fed Tapering, And The Debt Ceiling - Profit From The Volatility [View article]
    I don't know how this article made it past the SA editors. Comparing the VIX index, which is not tradeable and the S&P, produces a very deceptive chart. Plotting the VXX and the S&P would produce a chart with a whole different meaning. The extreme decay of all the VIX derivatives overrides any brief correlation that may exist with the S&P. True, once in a blue moon, the market crashes and the VIX and VXX will shoot to incredible levels but to buy VXX with the hope that may happen soon, is just a crap shoot, not investing.

    If one wants to see just how fast money can disappear, buy the VXX or even quicker losses, buy UVXY.
    Sep 12 01:30 PM | 1 Like Like |Link to Comment
  • A Buy Signal From The VIX/VXV Ratio [View article]
    Cam: Did you actually look closely at the chart presented? On nearly every occasion where the indicator crossed UP into the upper zone, the market subsequently went up. That should be no surprise, when one considers that for the period selected, the S&P had been going up pretty much most of the time. In fact, the peaks in the upper zone coincide quite well with bottoms for the S&P but that doesn't mean the indicator has any predictive value.
    Sep 12 01:14 PM | 3 Likes Like |Link to Comment
  • The Changing Relationship Between U.S. Stocks And Gold Is Good For Gold [View article]
    Why does the author choose to discuss a correlation (or lack of) between gold and a US stock market only? What about the rest of the world's stock markets? Is it because from an American point of view, only the US matters?

    To conclude that gold will rise because of a perceived "changing relationship" between gold and stocks (American, of course), is utterly ridiculous.
    Sep 12 12:56 PM | Likes Like |Link to Comment
  • Oil Has Too Many Plumbers [View article]
    Ryan: Good commentary. Thanks for the links.
    Sep 11 11:10 AM | Likes Like |Link to Comment
  • Supply And Demand Analysis Of Gold And Silver [View article]
    What a great article! Much appreciated.
    Sep 10 10:33 AM | Likes Like |Link to Comment
  • A Brief Bearish Story About An Index Called The S&P 500 [View article]
    When has the stock market NOT been in a period of "instability"?
    Sep 9 08:36 PM | 1 Like Like |Link to Comment