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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (54)	6/23/2005 4:47:30 PM
From: SliderOnTheBlack	Read Replies (4) \| Respond to of 50383

* GET ON, GET LONG & STAY STRONG Gold, HUI & XAU * re: ["Gold bullion continues to act amazingly well as the dollar keeps climbing."] GOLD is re-emerging as not just the Stereotypical - Barbarous Relic, not merely as - The Currency of Last Resort, not as an Alternative Currency, but rather as THE most Legitimate of all Currencies and as THE "Un-Fiat" Contemporary Currency of Choice. Gold just broke to new highs against the Swiss Franc. That is NOT... just another factoid. The "Swissie" is THE Safe Haven Currency of all Currencies. ...and now GOLD has broken to New Highs against that Safest, of Safe Havens & that should not just "speak volumes".... it should Pump Up The Volume... to decibel levels to where even the most deaf & dumb of Goldbugs can hear it's message Loud & Clear ! Just mere weeks ago... the vast majority of the most well known Gold Pundits were throwing in the towel on Gold Shares and were busy leapfrogging over each other in a race to write the "Last Rites" for Gold the Metal. ... WRONG. "Some of us"... very few of us I may add; saw a discrepancy between Risk and Price, between Reality and Fear & Capitulation....and we seized Opportunity without Hesitation. And most importantly, we did it in "anticipation of" and not "in reaction to"...a technical bottom formation. Given the Emergence of Gold as THE Currency of Choice and it's very solid performance here... Gold Shares have little, if any chance of significantly retracing here to any significant degree. ...I've been adding shares here. I don't do it blindly. I still have mental stops and I do not discount the desire of the Global Central Fiat-Bankers to Silence the "Canary in the Coal Mine" Nature of Gold's Message to the Markets here - vis a vie Fiat Currency, Market and Economic Risk. This little interim minnie-pullback in Gold stocks to the low/mid HUI 190's was in my opinion, yet another opportunity to add yet again to Long Trading positions, to replace what was hopefully sold into strength on the Strong 40 Point "V-Bottom" bounce in the HUI ...and it is a fundamentally and technically supported Trade here - given Gold's Sterling Price Action here of late. If..."if" Gold was being pounded down...then this little pullback would have been a signal for Traders to be more closely monitoring mental stop levels in that mid 180 HUI range very closely and having a finger on the stop-out trigger...but, Gold has been very STRONG...and that was an opportunity for those Strong and Long, to get Longer & Stronger ~ ...and that's what I've been doing here. Both Technically & Fundamentally - I SEE NO POSSIBLE WAY that the HUI doesn't give us another quick little 10-15 point breakout run here & do so very soon. I will be at a loss for words (a first (vbg) if the HUI can't quickly pierce thru and settle comfortably above its 200 dma of HUI 208.58... base at 208-215 and then mount yet another very quick rally leg back to challenge the former Highs in the 250's before finally hitting serious resistance. Given Gold the Metals Technical Strength here and even more significantly - it's breakout to new Highs amongst multiple currencies, it's ability to move higher directly into a US Dollar Rally and uber alles -> it's break to New Highs against the Safest of Safe Haven Currency's, The Swissie... This is the Wind beneath Gold-Shares Wings here that Traders have been waiting for ! ...do not resist - the Wind. Tradingwise: Stand Like Mountain - Flow Like Water & Spread those Golden Wings and let the WIND - do it's work here people. Traders - quit trying to see more, than there is to see... and to do more, than there is to do... - it doesn't get any more simple than that. My message to Goldbugs here is Short, Sweet & Simple: - Get On - Get Long... Very Long - Stay Strong... Very Strong It's NIKE TIME Goldbuggers.... Just Do It ! $`