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.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: aknahow who wrote (52575)2/3/2006 7:22:47 PM
From: ild  Read Replies (6) of 110194
 
Additions to GLD is obvious bullish sign. Especially recent HUGE additions. I view most GLD investors as LTBH. When we get significant GLD redemptions it will be VERY bearish.

I'm currently very bullish on POG. In 2005 there was a very significant development when POG decoupled from USD. Bob Hoye was the only one who correctly predicted it. Since then gold started NEW phase in a multi-year bull market. As POG sharply rose against many currencies it has popped up on screens of many investors. There is apparent significant physical buying. For every ounce added to GLD there are several ounces added by private investors around the world.
Look at charts of Copper, Sugar. They doubled in a year. Why can't gold double? In fact Copper and Sugar are important commodities. As they doubled they inflicted significant pain on consumers. Who cares if gold doubles? No one.

DISCLOSURE: Bought more April Gold futures today.
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