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dmarasek

dmarasek
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  • Precious metals slide as taper set to grow [View news story]
    Makes PERFECT sense…”..taper set to grow..”, …supposedly based on WSJ story from Jon HIlsenrath. Gold down -1.2%. Silver -2.3% AND ES Futures up! +0.5%, 10yr. flat!
    Jan 21, 2014. 02:29 PM | Likes Like |Link to Comment
  • GLD: Sell While You Still Have A Chance [View article]
    The one thing I agree is that the USD is undervalued. EUR or JPY goes up, USD goes down. But EU must stimulate "QE4 ever US style", since it DOES WORK. The econ. patient has not died ...yet. Look at Japan. But both Jap and US will be adding the steroids, EU massively ..just wait for the EU GDP comming quarters. EUR will top soon.
    GLD is a wrong proxy. Au goes to new highs soon, same as art, diamonds and others PMs. Nice effort, but wrong assumptions.
    Lets catch a word nxt yr.
    David Marasek
    Oct 26, 2013. 12:30 PM | 2 Likes Like |Link to Comment
  • GLD: Sell While You Still Have A Chance [View article]
    + its highly likely China will start dumping the gold accumulated over the past half decade and move back to USD and EUR right Rich? And Indians will dump their gold and move to "attractive" rupiah righ? Nice tradeoff.... lol
    62% Au is China and India. GLD wont last

    David Marasek
    Oct 26, 2013. 11:12 AM | 3 Likes Like |Link to Comment
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