Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

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.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud Deplorable who wrote (6258)	2/10/2006 5:47:06 AM
From: tyc:>	Read Replies (1) of 78416

Thanks for that article... most interesting Perhaps the logic of the situation maybe the undesirability of CASH, which is, of course, the reciprocal of all trading. As Taikun pointed out, even treasuries have a negative real return.... how much more negative is the return on short term cash in this cash bear-market? That's what's wrong with your suggestion of stink bids. To support a stink bid, your investment funds must be there in CASH. Is it reasonable to believe that in this bear market for cash it is going to enhance in value to enable the purchase of a bullish commodity at lower prices ? Here is a chart of CASH relative to gold (merely the reciprocal of a gold chart) illustrating the bear market in cash. I have shown slow stochastics as a technical indicator. Note the reversals when there is a crossover in "overbought territory". The absence of that crossover right now perhaps suggests a little more downside to come for gold. stockcharts.com[w,a]dacaynay[dc][pb20!d20,2!i!f][iLl8!Lh14,3]&pref=G

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next