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  • Calvalley Petroleum: A Debt-Free Oil & Gas Producer Trading Below Proven Reserves [View article]
    FIDOkid: Thanks for the great commentary. The author has done his homework but their is something wrong with this stock. It continues to perform poorly despite what seems to be descent fundamentals.
    Sep 4 03:04 PM | Likes Like |Link to Comment
  • Stocks: The Winds Of Change Are Coming [View article]
    Eric, for the past twenty years or so, Germany's DAX as well as Britain's FTSE100 indexes have performed with close correlation to the S&P. If, as you are suggesting, that much of the US markets performance is due to the easy money policies of both Bernake and Greenspan over the past 26 years, how do you explain the strong correlation of two of Europe's largest exchanges with the S&P? I certainly don't think anyone would call Germany's monetary policies as one of 'easy money'.
    Sep 4 02:40 PM | 2 Likes Like |Link to Comment
  • Why Gold Seasonality Might Not Matter This Year [View article]
    Good article. The seasonality thing is a crap shoot.
    Sep 3 01:50 PM | Likes Like |Link to Comment
  • Hindenburg Omen Market Crash Ahead... Ahoy! [View article]
    SA must be desperate for articles.
    Sep 3 01:08 PM | Likes Like |Link to Comment
  • Gold Sentiment Update [View article]
    Very nice article. Sentiment can be an extremely important indicator, much more so when it is at extreme levels.The only way the so called "smart money" will ever move into a hated asset class is when the sentiment is at very low levels.

    It was the American love affair with gold ETFs, back in 2009-2011, that drove gold up to it's all time high. Although the American influence on physical gold consumption is not great compared to that of Asia, we should not discount the possibility that the American public could once again be a driving force via the ETFs. If the US dollar begins to falter badly, the Americans can be expected to react in a very bullish way towards gold. Throw in sudden and rapid increase in inflation and things could get very interesting.

    Sep 1 01:56 PM | Likes Like |Link to Comment
  • Weekly COMEX Gold Update: Registered Gold Continues To Decline [View article]
    I was just reading an article about ANZ planning to build a massive warehouse in Singapore. Anyone want to venture a guess as to what that will do for the Comex inventories?
    Sep 1 01:25 PM | Likes Like |Link to Comment
  • Weekly COMEX Gold Update: Registered Gold Continues To Decline [View article]
    While noting that the Comex registered stocks are continuing to slide, the author states "We're not sure exactly what this means". That statement pretty much sums up the worth of the entire article and the author's continued obsession with a useless indicator that cannot be correlated in a predictive way for past, present and certainly not future gold prices. It is what is: a summary of gold stocks owned by banks that are currently using the Comex to store their gold. It would be a false assumption to conclude that western banks are using the Comex exclusively. So, what can be gleaned from the reported totals of just one warehousing facility? From a practical point of view,, not much of anything useful.

    There is simple explanation that the author refuses to acknowledge. The storage of gold is now being spread over a larger group of warehouses than in the past and a decline in the Comex's share of the pot has been the inevitable result. No FED conspiracy, no hidden agenda, no secret bank plot.
    Sep 1 12:40 PM | Likes Like |Link to Comment
  • Gold Is Going Higher Whether Or Not The Fed Tapers [View article]
    Wow Dave, smart answer and I have to 'like' it.
    Aug 30 04:31 PM | Likes Like |Link to Comment
  • Natural Gas Prices Hold As Inventory Surplus Expands Slightly [View article]
    dnpvd51: The first link is accurate in that it is showing a falling Canadian production although the numbers in blue are an estimate only. The second link talks about increased production in Alberta which is not the case.
    Aug 30 10:40 AM | Likes Like |Link to Comment
  • Gold Is Going Higher Whether Or Not The Fed Tapers [View article]
    Jeremy: I personally have zero trust in the Elliot wave theory but maybe it will be a surprise this time.
    Aug 30 12:46 AM | Likes Like |Link to Comment
  • The VIX - It's Not Really Much Of A 'Fear' Gauge [View article]
    Thanks for clarifying just how useless the VIX really is. It has zero predictive value as it reacts to market movements far more so than anticipates.
    Aug 29 04:14 PM | Likes Like |Link to Comment
  • Record High Gold Prices On Rupee Bashing Triggers Physical Selling In India [View article]
    It's nice to have someone writing about what is happening in India and gold price there in a current time frame. Of course, one can expect any suggestion that gold is being sold with the usual gold bull disbelief with a 'that can't be' reaction... "that is a bunch of bs." and "not going to happen".
    Aug 29 10:00 AM | 1 Like Like |Link to Comment
  • Gold Is Going Higher Whether Or Not The Fed Tapers [View article]
    This is yet another article where an author attempts to establish a link between the FEDs QE programs and the price of gold. Like many others, he has failed to demonstrate that there has been any correlation whatsoever between the QEs and the price of gold. Tapering will have the same effect on gold as the trillions the the FED has injected into the banking reserves which is none at all.

    The price of gold is determined by demand and demand is most heavily influenced by two countries, India and China. Those are the facts.
    It is true that the price of gold, in terms of the American dollar, could rise dramatically in the event of a rapid devaluation of the US dollar. That would not be a demand driven appreciation but rather one driven by currency debasement. That phenomena is now in play in India with the crashing rupee. Gold is now at an all time high (in terms of the rupee).

    Could the American dollar crash, thereby causing most everything to go up in price, including gold? Of course, but that event is by no means, a certainty.
    Aug 29 01:06 AM | 6 Likes Like |Link to Comment
  • To Taper Or Not To Taper - Go Long Gold Either Way [View article]
    We agree on that point.
    Aug 28 10:57 AM | Likes Like |Link to Comment
  • What Happens When War Strikes? [View article]
    You can be sure that the Russians are going to get involved in the Syrian mess and it won't be with just a few advisers. Britain and the US are thumbing their noses at Putin and I don't think he is going to take that snub very well. He has a far bigger set of balls than Obama and Cameron put together.
    Aug 28 02:15 AM | 1 Like Like |Link to Comment