re: trading War with Iraq & Gold vs Equities
#1. We WILL be going to WAR with IRAQ...regardless of what Saddam agree's to, or signs....we already have the evidence needed to legitimize going to war, just waiting to play the card...and remember; we not only hold all the cards, but we get to deal our own hand, own the "house" AND we set the rules of the game as well - all of this political "foreplay" with the UN is just that...nothing more. To say that War and the over-throw of Saddam is inevitable, or a foregone conclusion is beyond an understatement.
When, not if:
#2. We WILL take Saddam out of power and institute a regime change.
#3. We will take control of Iraqi Oil Fields to use Oil Proceeds for reparations for the expense of of ending this Heretic's threat of using WMD's and supporting Terrorism.
As far as trading a bullish market reaction to Saddam signing the UN agreement and stalling for time (whodathunkit ?) I'm not so sure we're going to get one... and if so; all one needs to do is keep using rising stops up behind each Gold/PM rally; but to always maintain a core Gold/PM position and to short these imbecillic Pom-Pom Waving Blind Bull rallies and re-buy gold/pm stocks on corresponding pullbacks.
GOLD's time and opportunity to reassume it's place in history and within the market as the ultimate form of money has arrived.
There is simply too much fundamental "wind" behind Gold's back at this point to be caught "out" of PM's via dumping into fear of any sustanined Rally, or fundamental reversal from the ongoing Bear Market and US Equity & Debt Bubble collapse.
The ongoing fracture of the US Dollar, the Peak in Bond Value's, ramping money supply, escalating US Account Deficit etc...will all support Gold.
The market is still grossly over-valued here... we are FINALLY seeing market essay after essay & article after article addressing the faux earnings numbers used in supporting present market PE valuations... the return to trendline is supported by history and speaking of history; never, ever in recent history have so many geopolitical AND economic potentially negative Rogue Wave Event Catalysts been present.
NEVER, EVER has the risk to reward ratio's been more negative for US Equities, or the US Dollar in recent time.
Never, Ever in recent history - have they been more positive for Gold & PM's.
...it's all about levering those rare opportunities where risk vs reward ratio's reached historic deviations and we are staring one dead ahead for Gold vis a vie' the US Dollar and ongoing Debt/Equity Bubble implosion.
GOLD...it's time to regain it's rightfull role and place in history has arrived.
Foi est tout ~ |
