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  • Countdown of Manipulated Gold Price Running Out
    calm down. the increased investor demand (mostly retail) is just sufficient to compensate for the sharp drop in indutrial demand (i.e. jewellery production). gold, in fact, has held up pretty well - just look at silver which has virtually crashed. Deflation is here big time and though reflating efforts by central banks and govts. will perhaps avoid a depression they will not lead to any meaningful inlfation for the coming 2-3 years. Thereafter, they may. gold mining stocks have fallen as if gold were to tank to $400/500. I am not sure it will, but if anything here, i would by quality gold miners, not bullion anymore.
    Oct 17 03:25 am |Rating: 0 0 |Link to Comment |View article
  • 36 Opportunities for the Beginning of the Bull
    sentiment suggests a bottom - but the dead interbank lending market, dead credit markets, dead CP markets and the crashing carry-trade (Yen is going ballistic, especially against the Euro) suggest more pain ahead. Form a time perspective, we probably are pretty close to a bottom. But tell that to the Russians who saw their market plunge more than 20%(!!) just yesterday alone - on top of a 50%+ decline earlier. so a bottom will form between now and mid-november - but it may be right here or it may be 20 or 30 or even 40% lower. who knows for sure? on the other hand, selling has now rotated towards tech after energy and materials in summer.the energy complex is the safest imho now - rich dividends and backed by real, needed assets. technology has a further 40-50% downside risk as those items are usually discretionary stuff that you can at least postpone. and people loosing their jobs, banks starved off cash and corporations with no access to debt financing will postpone software and hardware upgrades as long as possible.
    i do hope the europeans get their acts together and start lowering rates pretty soon and create a pan-european rescue fund. or else the eurozone's economy will head over the cliff and maybe taking the euro currency with it. which would be no event to cheer because it would inflict another huge round of damages across the world
    Oct 07 05:57 am |Rating: 0 0 |Link to Comment |View article
  • Go For The Gold - Cramer's Mad Money (9/22/08)
    oh no! is that the signal for a significant top in gold already? when cramer advises to buy, it is usually high time to get out.
    but foirtunately, i have the guy on 'ignore'. Don't let your investment decisions and your financial health be influenced by an entertainer-cum-hedgef...
    Sep 23 08:29 am |Rating: 0 0 |Link to Comment |View article
  • Leveraging Up on Precious Metals Ahead of Fed Meeting
    @User 52095: Ted Butler talks about the ishares-silver (SLV). Not a single word about Silver Wheaton (SLW)
    Aug 26 07:46 am |Rating: 0 0 |Link to Comment |View article<