Slider:
So, "the gold portfolio weighting call was made in the 90 day window of Sept/Oct/Nov last fall... its clearly on record...nice try though..."
Careful, Pinocchio, that nose is growing.
Although it is so tedious to find this stuff (and many of your posts at that time have been edited out of existence by the gendarmarie), here is your clarion call on August 1st,2000 which repeats some earlier gold warm up and encourages everyone to jump into gold on new 52 week lows (unfortunately, gold was not only at 52 week lows but continued to find new 52 week lows for the rest of the year, and is still just about where you made the famous "call":
<<I really think the "stars are aligned" to:
1. Ride the OSX to new alltime highs.
2. Exit with the OSX profits before the NAZ again reaches bubble valuations/triggering a profit taking pullback market correction.
3.Jump to the XAU at 52 week lows; if not some individual 5 year and even "all time lows" for some Gold Stocks.
- ideally being perhaps 50% Gold Stocks, 25% TIPS, 25% cash (and add to either TIPS, or GOLD; or even short, or buy puts on the bubble portions of the market; if the market direction so indicates).
4. Ride a XAU explosion based on what the "new Fed" will have to due with acknowleged inflationary trends and most importantly - ride the "spike" that is merely a "when, not if" event; based upon the short derivative position created by some banks & traders in "physical Gold" that can't be delivered and in a market event that will surpass the overall market event impact potential of what LongTerm Capital created with their Complex Derivative's gone bad...
The Story for Gold Stocks is 75% based on the unsustainability of the Short-Derivative Position and the unsustainability of an eternally strong dollar and only 25% based on the traditional "flight to safety" sentiment shift during inflation, or a market crisis.
- The OPEC countries will NOT accept a simultaneous collapsing/correcting US Dollar along with lower prices for Crude Oil here soon - their ONLY "hedge" against a falling dollar with simultaneous falling Oil prices; is GOLD ! Capt Freddy on Yahoo was the first person I've seen focusing on this inevitability.>>
That's #70286. Five days later came the next sermons, August 6th (70492 and 70493).
So, nice try, but you made a lousy call then, and it's still a lousy call. One day gold will spike and it will be a great call, made 104 weeks early.
But seriously, I'm still looking for anyone who finds you or Isopatch credible on, well, any subject. Still waiting.
Kb |
