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eagle1003

eagle1003
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  • Some Problems We Can See, Some Problems We Cannot [View article]
    Martingale: Are you one of those clairvoyants? Just checking.
    Jul 3 04:27 PM | Likes Like |Link to Comment
  • Gold Mining Stocks About To Surge Due To The Coming Weakness Of The Dollar [View article]
    A falling dollar (DXY), relative to other currencies, may or may not increase the value of the PMs. Supply, demand, and sentiment are factors that would far out weigh any adjustments to prices due to currency fluctuations. It's quite possible that the dollar could rise and gold could go up at the same time and vice versa. Keep in mind that a 5% currency fluctuation can take several months to play out whereas gold can move that much in a few days.

    It is unwise to bet on any commodity with the hope that a currency fluctuation, which tend to be painfully slow, will produce a quick profit. If one wishes a pure play on currencies , the Forex is the place to be, not commodities.
    Jul 2 04:29 PM | 2 Likes Like |Link to Comment
  • China May Be Importing A Lot More Gold Than Is Being Reported [View article]
    Dave, Can you provide the link for your chart? I suspect your chart is for the past five years only.
    Jul 1 12:09 PM | Likes Like |Link to Comment
  • China May Be Importing A Lot More Gold Than Is Being Reported [View article]
    12432: Paper dollars and oil aren't very nutritious either.
    Jul 1 12:16 AM | 2 Likes Like |Link to Comment
  • China May Be Importing A Lot More Gold Than Is Being Reported [View article]
    Dave, I went to equityclock.com and noted that the chart shown for gold futures shows something quite different that the chart presented by you. Their chart shows July and August to be strong on a seasonal basis. (http://bit.ly/1mCQMRH) Can you explain the discrepancy? Here is a chart going back 32 years that show a sideways July and strong August. (http://bit.ly/19VTSNx) If seasonality is to be considered, it would seem that July is good time to buy!
    Jun 30 10:54 PM | Likes Like |Link to Comment
  • China May Be Importing A Lot More Gold Than Is Being Reported [View article]
    Ok, so import numbers are almost certainly higher than what has been reported, at least for 2013. How does any amount of imported gold ,that has already been bought and paid for, affect the price going forward? As for import projections for 2014, any number is just a guess.

    Jun 30 10:41 PM | Likes Like |Link to Comment
  • A Second Quarter GDP Bounce-Back May Not Be Bullish [View article]
    The fact that the market has not wavered in it's upward trajectory, despite a horrible quarter, is telling of just how controlled the market has become.
    Jun 29 12:01 AM | 2 Likes Like |Link to Comment
  • A Second Quarter GDP Bounce-Back May Not Be Bullish [View article]
    573311: "tell me what the markets are going to next" You really do believe in crystal balls, don't you?
    Jun 28 11:52 PM | 1 Like Like |Link to Comment
  • Natural Gas Poised To Test $4.25 As Traders Await Summer Heat [View article]
    No telling what NG will do during July and August which are normally poor months for NG. That said, I took out a small long side position today at $4.42 although I hope to see some lower numbers for further acquisition. An upside spike is entirely possible, if the northeast heats up for an extended period.
    Jun 26 04:38 PM | Likes Like |Link to Comment
  • Gundlach Likes Gold [View article]
    Last week's rise in gold was a nice warm up run to much higher numbers.
    Jun 26 01:08 PM | 2 Likes Like |Link to Comment
  • Is It Time To Sell Stocks And Buy Bonds? [View article]
    "Weak economic data is one of many inputs that impact asset prices. Fed policy is another." Both are wrong. Presently, economic data, weak or strong, means the market goes going up. Fed policy, printing money or tapering both mean the market goes up.

    Obviously, something is driving the market that has nothing to do with fundamentals. Rather, it has everything do with speculators, flush with near unlimited amount of funds, buying stocks at what ever the price. They (the banks) take their cue from a central bank who will not tolerate corrections nor volatility. Someone is getting filthy rich in this environment and the FED knows that it isn't the middle class serfs.
    Jun 26 12:20 AM | 1 Like Like |Link to Comment
  • The Volatility Index Does Not Tell The Future [View article]
    The author has got it right. From the chart, it is quite clear that the VIX spike in 08 didn't occur until the bear market was nearly two thirds over. I don't know why the VIX gets so much attention when it is worthless as a predictor.
    Jun 26 12:03 AM | 1 Like Like |Link to Comment
  • The 4 Most Dangerous Words In The English Language [View article]
    Good article. Thanks for the excellent link.
    Jun 25 01:42 PM | 3 Likes Like |Link to Comment
  • A Crude Awakening [View article]
    Good article. Oil price is a big deal. Interesting how quickly the price of oil can affect inflation. Look at what the airlines are doing with their fares.
    Jun 23 12:28 PM | Likes Like |Link to Comment
  • GLD: Maybe It's Time To Go Long? [View article]
    As GLD approaches the 140 level and then goes through it, I suspect that those who have been shorting will be very sorry that they did. The long term gold bulls have finally gotten some evidence that the gold bull has resumed and they don't want to believe it and worse yet, may even be shorting with the expectation that AVI's call for one more wave down will eventually come to pass. They didn't want to believe gold could go down in 2013 and now don't want to believe that it will continue to rise.

    This is how the market works, with some loser always being convinced to be on the wrong side of a trade.
    Jun 23 10:43 AM | 2 Likes Like |Link to Comment
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