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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
  • 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
  • 20 Guidelines for the Individual Investor
    the proper headline for this article was ' 20 guidelines for the individual trader'. almost none of these 'rules' has anything to do with investing but all the more with short-term price movements.
    Jul 07 08:11 am |Rating: 0 0 |Link to Comment |View article
  • Is it Finally Time to Sell Gold and Related Mining Stocks?
    Hey Alan, you may be right, but the question is, is it really worth the risk to sell at $930 in the hope of getting in at $700 again ? Two major risks are here: one, that $700 will never be seen - quite likely, imho. I haven't seen many people having the guts to reenter a market at a higher price than they exited at - missing out on the subsequent run almost in 98/100 cases. Will you buy into gold again when your drop to $700 doesn't play out and instead it hits 1.050$?
    second: will you really get in at 700$ - when gold hits $700 , it might look like a terrible drop making many people rethink that earlier plan of re-entering)
    regarding the miners, they have barely followed gold's rise. that is only in part due to escalating costs. It is also due to investors and speculators doubting the sustainability of gold's rise. I mean, everybody knows the chart from the 1980s, right, and nobody wants to buy a similiar top? If one carefully lokks at it, even if gold were to stay at $700-$950 for the next 2-3 years many gold miners will make a ton of money and you will see the reverse of the past 2 years: gold miners rising way faster than gold or rising in the face of a stagnating gold price.
    So it may pay off, to hold back opn mining stocks for the time being but selling gold or GLD here will in all likelihood be a very costly mistake, imho.
    Mar 31 08:40 am |Rating: 0 0 |Link to Comment |View article