SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SliderOnTheBlack who wrote (7557)1/7/2008 8:08:58 AM
From: paul ross  Read Replies (1) of 50729
 
The pattern of gold/shares has changed from the way it has acted over the past 6 years. This last up move perhaps heralds the entrance of the big time players as you suggest with vol and the type of stocks that are now ascendent. The cat is officially out of the barn, the insiders now are certain there's nothin' but inflation on the horizon. December's up move began as Goldman put out it's call to short gold, shake out.

The recent rise has been devoid of dollar crashing, the 72 whisper number you spoke of well below the 76 range which has held.

Because pattern has changed 550 may not be the next top or at least not for a while. First we must get thru 460 area, the Nov high and a number we fell back from late last week. 550 is very likely to not be the top of this next move.But be prepared for high volatility with the new big players more fully on board.

As you have said it is key to follow the psycology and not just the market. WD Gann had said that markets like the psycology repeated themselves by intervals dominated by a 30 and 60 year cycle.

The last time a situation existed similar to today was in late seventies with the faith in the US$ at at low, inflation, oil, AND GOLD AT A HIGH. And a Fed chairman without the discipline to halt the printing presses.Arthur Burns in 70's and Ben Burn
-anke today.

If gold/shares are to continue their run, selective junior shares might be a place for some investment. Many quality jrs. acted as if gold was down 30% last year. They were effected by the credit crunch with many having large cash holdings in high risk paper and all being hit by more limited ability to finance their projects.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News