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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (51868)8/29/2002 11:37:47 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 209892
 
marginmike, >>This is why Ive been saying that there are many cross curents that are not ading up.

I am in reaper's camp where gold will go up when it is expected there will be no return on capital in financial assets.

BWDIK,

Joan



To: marginmike who wrote (51868)8/29/2002 11:50:23 PM
From: Box-By-The-Riviera™  Respond to of 209892
 
man.. you are making tea leaves where none exist...

listen to the music and quit working so hard trying to compose it.

just a thought.



To: marginmike who wrote (51868)8/30/2002 12:07:01 AM
From: mishedlo  Respond to of 209892
 
This is why Ive been saying that there are many cross curents that are not ading up.

Good lord I have barking dogs on my mind.
Are they howling?
If they are what the F are they saying?

M



To: marginmike who wrote (51868)8/30/2002 10:01:34 AM
From: reaper  Read Replies (3) | Respond to of 209892
 
<<The CRB,OIL,GOLD are screaming inflation but TNX and massive overcapacity say NO WAY. >>

MM, CRB and OIL are NOT screaming inflation. Oil is screaming conflict in the middle east; if oil was screaming inflation then natural gas would be higher and its not -- natural gas is a primarily domestic commodity and is mostly used in power generation and manufacturing (such as refining aluminum or fertilizer), and the price of natural gas falling despite a SHRINKAGE of supply is screaming deflation.

CRB is screaming (i) conflict in the middle east (since 17.6% of the index is energy) and is also screaming (ii) drought in the midwest (17.6% of the index is grains, which are FLYING in price, and 11.8% of the index is livestock, which is also going up in price since grains are a major input). 'soft commodities' (cocoa, coffee, orgage juice, and sugar) are also flying but i can't give an explanation why.

look at INDUSTRIAL commodities -- copper, aluminum, natural gas, nickel, to some extent silver, DRAMs in my opinion are an industrial commodity at this point -- prices there are generally FALLING.

btw, if you think GOLD and TNX are sending you different signals (as you know i happen to think they are sending the SAME signal, as i think gold is in fact signalling deflation despite the prevailing popular wisdom) then i would side with TNX, since TNX trades the entire cumulative value of the gold market before 10:30am every day.

Cheers