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  • He Who Solves This Puzzle Shall Be King [View article]
    What is the mystery? The answer is staring us right in the face.The demographics of the US and most other western countries, is lousy for the foreseeable future. The aging baby-boomers will drive the economy into the ground as they tighten the noose on their spending habits. Unless a company is a business that caters to the medical and funeral needs of the baby-boomers, investing for growth in the US looks like a losing proposition.
    Nov 25, 2013. 11:47 AM | 7 Likes Like |Link to Comment
  • GLD: Bears Set Sights On 115 [View article]
    The mining stocks are very oversold and are worth taking a look at. I can smell the sweet scent of quick profit potential. I am not bullish on gold but the negative sentiment on the miners is becoming rather extreme.
    Nov 25, 2013. 11:12 AM | 3 Likes Like |Link to Comment
  • Are Canadian Energy Stocks Set For A Rebound? [View article]
    I am very bullish on Canadian producers whose share prices are seriously undervalued. I see several takeovers occurring in the near future. My favorite holdings are Long Run Exploration and Lightstream Resources , whose stock has been sliding for some time because it was paying a ridiculously high dividend that has recently been chopped in half. It is a screaming buy at current levels.
    Nov 24, 2013. 04:06 PM | 1 Like Like |Link to Comment
  • What Will Send Gold Higher? 3 Potential Catalysts [View article]
    6151621 and Ninja: Your points are valid and I don't disagree that paper ETF's have been partly responsible for driving gold down but the inverse also applies in that gold's peak was fueled by western interest in the relatively new and easy method to invest in gold via the ETFs. Was that a manipulation? Of course not.

    My point about China's gold stockpile is that despite the reported massive importing of gold by China, it would appear as if Chinese buying has done little to stop gold's decline. Clearly, as the saying goes: "there is something wrong with this picture"! Bought and paid for gold bars in Chinese bank vaults are not going to drive up the price of gold one penny from current values. Isn't that obvious? In fact, let's hope the Chinese central banks don't get the idea to sell some of their stocks and add to the demise of gold. Central banks have been known to do exactly that in the past!
    Nov 24, 2013. 03:47 PM | Likes Like |Link to Comment
  • When Are Markets 'Rational'? [View article]
    John Overstreet: Very well put!
    Nov 24, 2013. 03:26 PM | Likes Like |Link to Comment
  • FOMC Meeting: Is Gold Entering Into A Prolonged Bear Market? [View article]
    Interesting : I don't like to see people losing money because they get stuck on conspiracy theories that cannot be proven and never seem to be resolved to the benefit of ordinary investors. For example, the often mentioned "manipulation" of the gold markets by way of sale of naked shorts implies that at some point, the manipulators are going to get burnt and it would be best to be long gold for the inevitable day of reckoning that must be coming soon. It NEVER works that way! The smart money uses what ever means possible, via the media, to fool the majority into being on the wrong side of the trade. I have seen the same pattern over and over in my 36 years of investing. I stopped believing what I read in the media and ignoring conspiracy theories many years ago and have done exceptionally well in the markets since.

    Interesting, I am curious, what did you book profits on? I can't say I have ever seen you make a bullish comment on the market with the exception of gold and that hasn't been working very well. BTW, I am not American so could care less about OCARE. My country has had socialized medicine for decades, as does most, if not all, of the advanced western nations have.
    Nov 24, 2013. 03:04 PM | 2 Likes Like |Link to Comment
  • FOMC Meeting: Is Gold Entering Into A Prolonged Bear Market? [View article]
    Ninja: You really have to stop believing all the crap you have been reading concerning gold conspiracy theories that have been and continue to be little more than a disinformation campaign to keep the suckers from selling their gold before the smart money could get out who were dumping fast and furious for good reason. The Indian government has placed restrictions and punitive taxes on gold imports and it's working very well at stopping the Indians from exporting the country's wealth for a shiny metal that westerners have been happy to sell to them. It should be obvious who was going to be 'holding the bag' after gold collapsed. Something had to done and the Indian government took action. Gold demand from that country, which just happens to be the world's largest market for gold, has dropped like a stone in the past four months. No conspiracy, just a fact.

    It's time that you woke up to the realization that gold is not on the road to new highs any time soon. Stop living in denial and face reality and do yourself a favor and don't read the badly distorted 'news' of the likes of King World News. If you believe that the markets are all about conspiracies and manipulation, get out and don't play the game that are sure to lose at.
    Nov 24, 2013. 01:24 AM | 1 Like Like |Link to Comment
  • Energy Markets, Cold Winter, Eastern Snows Coming, Sunspots And Other Commodities [View article]
    Very informative article. Thanks!
    Nov 24, 2013. 01:07 AM | Likes Like |Link to Comment
  • Investor behavior: Same as it ever was [View news story]
    Fear & Greed: Thanks for your comment.
    Nov 23, 2013. 07:57 PM | Likes Like |Link to Comment
  • What Will Send Gold Higher? 3 Potential Catalysts [View article]
    Sentiment may low enough to warrant a significant rally in gold but true capitulation is probably a long ways off when the last of the goldbugs gives up and we hear no more of the buzz words like manipulation , conspiracy, debasement, etc." My guess is that a true bottom may be years away but somewhere below $500.
    Nov 23, 2013. 01:05 PM | Likes Like |Link to Comment
  • What Will Send Gold Higher? 3 Potential Catalysts [View article]
    How would knowing how much gold China is stock piling make a difference to what the price of gold will be in the future? Whether it's 5000 or 50,000 tonnes, it has been bought and paid for and has not reversed the decline of gold prices during the past two years.
    Nov 23, 2013. 01:00 PM | Likes Like |Link to Comment
  • Investor behavior: Same as it ever was [View news story]
    The market is at all time highs because corporate profits are at an all time high. It's that simple. PE ratios are something the talking heads use to get the public focused on something easy to understand even though they are a lagging and somewhat useless indicator. It's all part of the bait used to reel the suckers in. These things take time.

    If one considers the correction that occurred in 2011 as a mini-bear market then the current bull move makes more sense with the stock sectors following typical patterns of market leadership. It would also imply that the current bull market is relatively young and may continue on for some time. At some point, probably after a decent pullback, we should see a rotation into the commodity sectors with the likes of health care and finance, either retreating or more likely, moving sideways. Watch the utility sectors. When they are one of the strongest sectors, we almost certainly into the first leg of a bear market.
    Nov 23, 2013. 12:29 PM | 1 Like Like |Link to Comment
  • Gold Long-Term: Nowhere To Go But Down [View article]
    According to the World Gold Council, gold mining production is up 4% in 2013, not down. The Comex is little more than a warehouse and it's falling customer stocks means nothing other than that customers have either sold or are choosing to store their gold else where.
    Nov 23, 2013. 12:20 PM | 2 Likes Like |Link to Comment
  • Gold Long-Term: Nowhere To Go But Down [View article]
    This was a good article that offered some valid reasons as to why gold has been sliding. Of course, the pro gold crowd is still clinging desperately to worn out hundred and one reasons as to why gold should be going up soon (just wait, they say) as well as regurgitating the various conspiracy theories that the government is some how and for some reason, preventing their beloved metal from rising in price.

    I would love to hear more from the select group who have made a ton of money by shorting gold since starting it's slide over two years ago. They would be the smart investors we could learn from. I'll bet they wouldn't even mention the word "manipulation".
    Nov 23, 2013. 12:09 PM | 2 Likes Like |Link to Comment
  • Paulson reportedly not buying more gold [View news story]
    FLR: "The analysis was idiotic" That statement can best described as being non-constructive and if typical of your commentary, would explain why your comments were deleted. BTW, I once suspected the editors had a pro-gold bias but now understand that during the time gold was falling over the past two years, the number of authors willing to write pro-gold articles vastly out numbered the small group bearish authors. Authors who dared to write a bearish article (notably Robert Wagner) were vilified by the pro-gold crowd who were in a complete state of denial (many still are).
    Nov 23, 2013. 12:00 PM | 2 Likes Like |Link to Comment