Thursday Outlook: Commodities, Global Markets [View article]
A terrific article !! One thing for sure, the charts don't lie........... I use a 120 week SMA for GLD.......... got out at 74 and back in at 75 and am a happy camper............. GLD and IEF is all I have............. 95% of ppl have no reason to be in this highly volatile market......... this market is purely "pump and dump"......... believe it !!
> When one looks at the big picture -700 unemployed applying for a > janitors job, 1,000's of Americans homeless and moving in with family > or worse tent cities, millions of people out of work... you have > to be realistic. The domino effect has just begun and it is racing > around the entire globe. > The world is not only on a precarious financial precipic, but we > also have a myriad of security issues to worry about. Along with > that, add in the usual natural disasters we can count on every year, > and the growing discontent,frustration and fear in the world's population. > > Tell me, do you really think that the day to day ups and downs of > the dow will make a difference in 99% of the world's population? > Traders are making money whether the market goes up or down but the > average guy in the street with no money and no job still doesn't > have money to spend. Meanwhile, more jobs are lost every month, > and the cycle continues. Unfortunately, this crisis is not over > and we will continue to see fluctuations in the market. Have your > stops in place...
> Human emotion is a investors enemy. Be strong. Develope a game plan, > and stay with it. Don't listen to the grubs, that have no foresight. > They only live by the hour, and investors they will never be.
Protecting Yourself from a Gold ETF Bubble [View article]
It's 7:48 am, LA time and GLD is @ $95.27.......... my "stop" is @ $89.00......... I reentered @ $75.00....... so what's the problem. It's not like I actually worked for this loot (in my IRA)........ Relax, set your stops and take a break........ I'm headed to Starbucks with my latest novel,"The very Rich Hours of Count Von Stauffenberg" to hang out.
for a graph(ic) view, try August of 2007...... that's when ppl should have started to bail out........ IMHO
On Feb 18 01:33 PM scottygee wrote:
> It's too hard to accurately predict the future when the government > can change things at any point in time. The only future I can predict > is what I'm going to do with the money I've made off of Gold in the > past 6 months. Need help visualizing? Compare a chart of gold vs. > Dow index over past six months. I don't care what you call investment > in gold (inflation hedge, safety play, blah blah blah), I call it > capital gains.
I know it's ridiculous, but I bought some GLD shares early in 2005 and have been adding and subtracting based on 200d SMA. When GLD was at $75.00 I started adding more and now use a 600d SMA and keep moving my "stops" accordingly...... I know, I know, I know, I'm nuts, so maybe I'll buy some C, F, MSFT, QQQQ to go with my GLD and big macs (MCD). That way I'll have a well balanced and diverse folio............ Actually, it's a good thing to have lots of cash and hunker down because this mess will last for a long time..... The great transfer of wealth has begun and will grow more intense with the current administration and it's kool aid supporters who actually think the screwups in government can do something right.......
facts ma'm, just give me the facts........... AND SET YOUR DAMNED STOPS!!
History is bunk........... what happens to the SP500 @ 6:30 (LA time) has little relation to what the the SP500 reads @ 10am......... 1980 has little to do with 2000 or 2008
Silver and Gold: More Than Just A Christmas Carol
[View article]
This guy is typical of the "Jerry Springer Generation" boobs who for now and in the near future will run L.A., California and the U.S.A. into the toilet........ A portion of your portfolio being in gold is not a bad idea and cash in your credit union and God knows where else makes sense also........ Let's not quibble about the merits of GLD, gold coins or cash. Just keep an eye on your taxes, especially death taxes.
Silver and Gold: More Than Just A Christmas Carol
[View article]
bought some beginning of 2005 and added some over the years and always set "stops" so as not to ride it down to $60....... to tell the truth I use a 250 dSMA which means I did sell off but chose to get back in @ $75........ Try to buy gold eagles from the mint....... not possible........ GDX may be a good way to go at this time......... but a hell of a ride.... If one chose to buy GLD at the beginning of 2005 and held on, then !5% -18% is real...
Silver and Gold: More Than Just A Christmas Carol
[View article]
After reading what some of the anti-gold guys have been saying about holding GLD, I'm convinced that the 18%/year I've achieved for the last 3 years is an illusion. I had better get off my ass and sell my GLD shares and put all those imaginary profits in C, GM, BAC, SPY, MSFT, etc,etc,etc..........
Gold: Not an Effective Hedge Against Inflation [View article]
let's forget about the name calling and talk about history and what the "experts" say. ...... will some one please come up with a list of stocks, funds and ETF's that have done better than GLD in the last few years.......
Why Gold Hasn't Been a Hedge Against Inflation [View article]
big macs (MCD) has done better than GLD for the last 3 years but that is it....... GLD has done 18%/yr average since it's creation in November of 2004 so what's the problem with that......... use a 300 dSMA and SET YOUR "STOPS" then get a life. Do it in your self directed IRA to avoid tax hassles.
"GOLD IS GOOD".......... been in it 3 years and since the dollar which is being destroyed by the fools in Washington and on Wall St. it looks like I'll be in it a lot longer....... Swiss francs (FXF) are good too....... I sold all American junk and have been heavy into Canada (EWC) and Brazil (EWZ) for over 2 years........... DJP is a favorite .......it's all about things in the ground and grow out of the ground from here on out folks, believe it.......... BUT, be sure to set your stops... :) :)
Who's to Blame for the Commodities Boom? [View article]
The real problem is the supply of resources is lessening while the demand for resources is growing......... Population growth is the real problem.......
Thursday Outlook: Commodities, Global Markets [View article]
One thing for sure, the charts don't lie........... I use a 120 week SMA for GLD.......... got out at 74 and back in at 75 and am a happy camper............. GLD and IEF is all I have............. 95% of ppl have no reason to be in this highly volatile market......... this market is purely "pump and dump"......... believe it !!
Gold Is Going to Gain [View article]
On Mar 11 09:35 AM Kelly Lieberman wrote:
> When one looks at the big picture -700 unemployed applying for a
> janitors job, 1,000's of Americans homeless and moving in with family
> or worse tent cities, millions of people out of work... you have
> to be realistic. The domino effect has just begun and it is racing
> around the entire globe.
> The world is not only on a precarious financial precipic, but we
> also have a myriad of security issues to worry about. Along with
> that, add in the usual natural disasters we can count on every year,
> and the growing discontent,frustration and fear in the world's population.
>
> Tell me, do you really think that the day to day ups and downs of
> the dow will make a difference in 99% of the world's population?
> Traders are making money whether the market goes up or down but the
> average guy in the street with no money and no job still doesn't
> have money to spend. Meanwhile, more jobs are lost every month,
> and the cycle continues. Unfortunately, this crisis is not over
> and we will continue to see fluctuations in the market. Have your
> stops in place...
Is Gold Really a Safe Haven? [View article]
On Feb 26 09:12 AM know nothing wrote:
> Human emotion is a investors enemy. Be strong. Develope a game plan,
> and stay with it. Don't listen to the grubs, that have no foresight.
> They only live by the hour, and investors they will never be.
Protecting Yourself from a Gold ETF Bubble [View article]
Gold: The Only Remaining Bubble? [View article]
On Feb 18 01:33 PM scottygee wrote:
> It's too hard to accurately predict the future when the government
> can change things at any point in time. The only future I can predict
> is what I'm going to do with the money I've made off of Gold in the
> past 6 months. Need help visualizing? Compare a chart of gold vs.
> Dow index over past six months. I don't care what you call investment
> in gold (inflation hedge, safety play, blah blah blah), I call it
> capital gains.
A Simple Post on Gold [View article]
I know, I know, I know, I'm nuts, so maybe I'll buy some C, F, MSFT, QQQQ to go with my GLD and big macs (MCD). That way I'll have a well balanced and diverse folio............
Actually, it's a good thing to have lots of cash and hunker down because this mess will last for a long time..... The great transfer of wealth has begun and will grow more intense with the current administration and it's kool aid supporters who actually think the screwups in government can do something right.......
Gold Poised to Move Higher [View article]
History is bunk........... what happens to the SP500 @ 6:30 (LA time) has little relation to what the the SP500 reads @ 10am......... 1980 has little to do with 2000 or 2008
finance.yahoo.com/etf/...
Silver and Gold: More Than Just A Christmas Carol [View article]
A portion of your portfolio being in gold is not a bad idea and cash in your credit union and God knows where else makes sense also........
Let's not quibble about the merits of GLD, gold coins or cash. Just keep an eye on your taxes, especially death taxes.
en.wikipedia.org/wiki/...
Silver and Gold: More Than Just A Christmas Carol [View article]
If one chose to buy GLD at the beginning of 2005 and held on, then !5% -18% is real...
Silver and Gold: More Than Just A Christmas Carol [View article]
Gold: Not an Effective Hedge Against Inflation [View article]
As Good as Gold? [View article]
Here's what I think of your advice.........
www.youtube.com/watch?...
Why Gold Hasn't Been a Hedge Against Inflation [View article]
Why I'm Still Holding Onto Gold [View article]
Who's to Blame for the Commodities Boom? [View article]