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whowho77

whowho77
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  • Gold Is Asleep - When Will It Awaken? [View article]
    wow... you spoke too soon and probably got stopped out...
    "I suggest remaining short gold with stop on close above the $1250 level. "

    Gold today is at 1252.
    Oct 21 11:51 AM | Likes Like |Link to Comment
  • The Gold Bull Market Is Not Over [View article]
    "The debt, the deficits, the interest payments, the interest payment increases", this is not completely true. The deficits for 2014 is only around $450B the least in 5 yrs since the 2008 recession. However, the debt is continuing to explode upward to $18T. But amazingly, the interest payments are much less due to extraordinary zero interest rate policy (ZIRP).
    Oct 18 01:08 PM | 1 Like Like |Link to Comment
  • Greatest Surprise Now In Progress: Gold Up, Stocks Down [View article]
    "the strong dollar is throwing an already weak global economy into recession." Not only that, but a strong dollar also throws lots of US companies into revenue losses. At a large multi-national US firm I read, each day they loss an upward of $150K from the currency exchange due to strong dollars.
    Oct 18 01:01 PM | Likes Like |Link to Comment
  • Will Silver Fall To A New Low? [View article]
    Silver is nothing but investment from hell for anyone invested in it since 2011 high of $50. It went down to $16.7 few days ago. That's 67% losses. Unbelievable. Some silver "expert" even had the nerve to declare that's normal. No one is happy with an investment of 67% losses.
    Oct 7 01:47 PM | Likes Like |Link to Comment
  • Is It Time For The Gold Bulls To Panic? It All Comes Down To The True State Of The U.S. Economy [View article]
    Whatever being discussed here is what Goldman Sach kept on saying, "it is the strong US economy that prompted us to forecast $1,050 for gold in 2014".

    Sentiment is the main driver for gold price, and the strong economy is just one of many excuses to sell gold. Sentiment is in the dump since 2011. Another excuse to sell gold is the rise of dollars. That's false as well. Today proves that. Both of them go up.
    Oct 7 01:34 PM | Likes Like |Link to Comment
  • GLD ETF Has 8%-17% Downside Unless Trouble Spreads [View article]
    Nothing goes up forever. Same for nothing is going down forever. Dollars will go down and gold will go back up. That's becoming true today. Gold is a valuable commodity and will hold its value at some point, while dollars value is just based on faith in US government, which can change in an instance like author pointed out.
    Oct 6 12:34 PM | 1 Like Like |Link to Comment
  • Gold Is Not In A Bear Market [View article]
    Doug, you're right on spot saying, "I am sticking with my call for a break of the lows." Today after nonfarm payroll number, gold collapses below 1,200. I guess your target of 1,000 is not too far off.
    Oct 3 09:24 AM | 2 Likes Like |Link to Comment
  • Putting The Performance Of Gold In Perspective [View article]
    Nothing is more true than this from the author, "gold isn't just risky based on past performance, but it could be even riskier in the future"... today it proves true. Gold collapse further below 1,200 after non-farm payroll.
    Oct 3 09:15 AM | Likes Like |Link to Comment
  • Gold Can Drop To $1062 If History Repeats Itself [View article]
    Gold future or even GLD is nothing but paper trading and not physical metal. These days, some guys working for big banks just clicked on mouse and moved millions of ounces in paper gold around. Forget about buying and transporting real physical gold. Even Germany can't get its physical gold back and had to wait for 10 yrs.
    Sep 30 09:43 PM | 1 Like Like |Link to Comment
  • GLD Prices Continue Irrational Behavior; Investors Should Seek More Stable Portfolio Additions [View article]
    Don't fight the obvious trend. If Gold is trending down, then get out to save your capital. On the other hand, if stock is trending up, then ride the uptrend until it stops.
    Sep 18 08:33 PM | Likes Like |Link to Comment
  • SPDR Gold Trust - Use Any Uptick Today To Sell Near-Term [View article]
    Markos, you being gold bug all these time finally said, "Any uptick in the GLD today should be sold near-term".... Thank you... for saving us hard earned money as gold crashed today and who know how many more days after that.
    Sep 17 04:08 PM | Likes Like |Link to Comment
  • It's Nightmarish Contemplating A 9/11 Anniversary With ISIS [View article]
    Not just you Markos being an eyewitness to the heartbreaking catastrophe on 9/11. I was working in an office close by Pentagon that day and saw that plane flew by so low I could see panicking people in it. Then, I heard loud boom and saw smoke and siren and screaming and people died and burned badly.

    My friend died in Pentagon on 9/11. He said casually eerily before he died while visiting his wife few weeks earlier in a hospital due to a minor car accident when she reminded him to be careful driving out there, "Don't worry honey, nothing will kill me except a plane landed in my office". And that was exactly what happened.
    Sep 11 01:51 PM | Likes Like |Link to Comment
  • GLD - Russia, Iran And China Are 'Doomsday Preppers' [View article]
    What's up with gold/silver and oil lately? Seem not to response much anymore to any of the geopolitical news. Just a spike and then down they go a lot lower. Silver is the worst down to 18.60 today. Talking about unwanted assets while stock market is king of the hill.
    Sep 11 01:31 PM | 1 Like Like |Link to Comment
  • GLD: Key Week Coming Up [View article]
    Avi, more people are now starting to accept your sentiment and EW analysis as opposed to fundamental analysis. Nothing in 2014 from a FA perspective can justify today gold price. It is just simply awful. Sentiment is in the dump. Why however you put out some possible ridiculous high number for gold of $2500 if sentiment is turned?
    Sep 7 05:34 PM | 1 Like Like |Link to Comment
  • Gold: The Thin End Of The Wedge [View article]
    pparaska: sounds like a good plan to repeat from 2013... sell gold and get into stock market with QE infinity either from Fed or ECB.
    Sep 4 03:05 PM | Likes Like |Link to Comment
COMMENTS STATS
140 Comments
113 Likes