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  • We Have A Ways To Go Before Natural Gas Rebounds [View article]
    The bottom looks like it's in. It didn't stay below $2.60 for very long, at $2.68 as of this post. I see a rapid climb to $3.25 in the cards. The east coast is forecast for some cold weather for several weeks. UGAZ is my choice for quick profits.
    Feb 10, 2015. 11:08 AM | Likes Like |Link to Comment
  • Wary Of Gold Bugs, Bullish On Gold [View article]
    This author is the best we have seen on SA for a very long time. Very good article.
    Feb 9, 2015. 03:32 PM | Likes Like |Link to Comment
  • Historical Correlations Of Oil To Coal Suggest We Won't Be Seeing A Return To $100 Oil Anytime Soon [View article]
    There is no logical reason for there to be any lasting correlation between coal and oil as they are used in entirely different situations. Coal is used primarily by power plants with many such plants having the capability to switch from coal to natural gas, not coal to oil. Gasoline is derived almost exclusively from oil so the price of coal would be irrelevant to the transportation sector.
    Feb 9, 2015. 01:06 PM | 6 Likes Like |Link to Comment
  • We Have A Ways To Go Before Natural Gas Rebounds [View article]
    It is hard to get excited about NG given the warm weather as well as high production numbers but the long range forecast for the East is looking promising so a moderate position is warranted at prices below $2.60
    Feb 9, 2015. 12:24 PM | Likes Like |Link to Comment
  • Gold: Will War Soon Be Over? [View article]
    Sorry... I meant to say : Those lines pretty much sum up the tone of your article... CAUTION.... DON"T buy...yet.
    Feb 5, 2015. 07:57 PM | 1 Like Like |Link to Comment
  • Gold: Will War Soon Be Over? [View article]
    There were a massive number of shares of GDX and GDXJ that changed hands during the months of November and December. At the time, sentiment towards gold was quite negative with many calling for $1000 gold. One prominent contributor was repeatedly calling for 'one more low' (according to Fibonacci mumbo jumbo). Everyone missed the final low as it happened.

    What is important to note is that despite a very large number of gold ETF and individual mining shares that were put on the market by (discouraged) investors, the prices would not stay down, and in fact, rose. Gold itself climbed back from every sell off, and against the headwinds of a rising dollar. That is a clear indication that the smart money was in play while the dumb money was dithering (and continues to do so).

    Gold could suffer a drop into the low twelve hundreds and still be in the first leg of a new bull market. That would not be a surprise but it may never happen so I would not be cashing out profits at this stage. If gold does drop, it should be viewed as one last opportunity to get in cheap even though there will be plenty who will say it's headed to a $1000 or less and will wait some more.
    Feb 5, 2015. 07:48 PM | 2 Likes Like |Link to Comment
  • Gold: Will War Soon Be Over? [View article]
    Actually, the vast majority of the public are not paying much attention to gold and they won't until gold accelerates up in headline grabbing fashion. The smart money is not waiting for things to get completely chaotic before they buy gold. They have been quietly buying for quite some time. Notice that gold's rise has been orderly and has not yet grabbed the attention of mainstream media.
    Feb 5, 2015. 07:00 PM | 1 Like Like |Link to Comment
  • Gold: Will War Soon Be Over? [View article]
    "In short, the war for gold is not over. But the end may be drawing close. And while the downtrend in the gold price still remains firmly intact" Those lines pretty much sum up the tone of your article......CAUTION..... buy...yet.
    Eric, this is the second article you have recently published in which the message has been much the same and that being: hold off on gold because the bear market isn't over yet.

    What would it take for you to conclude that the bear market is over and that it's time throw caution to the winds and buy gold? $1400? $1500? Would a few days of gapping up $50 or even a $100 do the trick? Just curious.
    Feb 5, 2015. 06:41 PM | 1 Like Like |Link to Comment
  • Choosing Sides: Gold, Derivatives, And East Vs. West [View article]
    I wonder what kind of a plot the CIA is cooking up to have the democratically elected government of Greece replaced by one that is more 'western' friendly (as in allowing the bankers to further enslave the people with even more debt)?

    Perhaps Obama will send Kerry that way and he could show the Greeks some cool video footage of the smart bombs the Americans are so fond of using when they take out people they don't care for (and anyone else nearby).
    Feb 5, 2015. 05:42 PM | Likes Like |Link to Comment
  • Yet Another Useless Article About Gold Supply And Demand [View article]
    Rx: Are you unaware of new oil being stored in on site or nearby storage tanks? Not all new oil is necessarily sold immediately nor is all mined gold sold immediately. A look at any of the producer quarterly financials will indicate how much product is in inventory.
    Feb 4, 2015. 04:34 PM | Likes Like |Link to Comment
  • Yet Another Useless Article About Gold Supply And Demand [View article]
    The author claims that gold supply and demand are always in balance and that he cares not about gold mine production. So, how do the inventories of unsold gold, which at times, can be quite substantial, figure into that premise? We have a lot of unsold oil in storage right now and that has impacted the price in a big way. That fact is indisputable.

    Production of ANY commodity is always a concern to a futures trader because when supply and demand are not in balance, excess production becomes unsold inventory that puts downward pressure on pricing. Conversely, low inventories in a high demand scenario, pushes prices up.

    The author may want to re-think his argument and yes, I fully agree that this is another useless article.
    Feb 1, 2015. 12:06 PM | 4 Likes Like |Link to Comment
  • Expect Immediate Trepidation Before Rally [View article]
    The stock market is looking 'tired' on the charts. I remain long gold and gold stocks while short the S&P by way of inverse ETFs. So far, the long gold has paid off nicely but I believe after a shallow pull back, gold is going to soar.

    The stock market, on the other hand needs a deep correction and it's coming sooner than later. Money that has been flowing from Europe to Us equities will undoubtedly reverse as it's QE ramps up.
    Jan 23, 2015. 04:19 PM | 1 Like Like |Link to Comment
  • A Fork In The Road Is Dead Ahead [View article]
    This is a good article. For gold to be rising as the dollar is advancing sharply means that demand for gold is very strong. Any pull back in the dollar is going to reveal just how strong that demand really is. At some point , we are going to witness one or more $100 daily increases in gold.
    Jan 22, 2015. 03:57 PM | 4 Likes Like |Link to Comment
  • The Reset Has Already Begun [View article]
    Lots of interesting speculation.
    Jan 22, 2015. 10:35 AM | 1 Like Like |Link to Comment
  • Gold Price: A Short-Term Rally Ahead [View article]
    To quote the author: " we expect the rising U.S. dollar to halt the rally in the coming months" Really? As in the same way it has stopped the gold's rally of the past few months?

    Gold is primarily driven by demand, not currency fluctuations. When is that dollar/gold correlation nonsense ever going to put to rest, as it should be?
    Jan 21, 2015. 11:11 PM | 4 Likes Like |Link to Comment