Silicon Investor (SI) -- The First Internet Community

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.

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

To: SliderOnTheBlack who wrote (499)	8/25/2005 3:04:31 PM
From: patron_anejo_por_favor	Respond to of 50637

I don't know if gold is money, but I sure as hell know it isn't oil!<G>

To: SliderOnTheBlack who wrote (499)	8/25/2005 9:16:16 PM
From: ecrire	Respond to of 50637

Gold's tepid reaction to the weaker dollar probably opens the door to a sizeable correction. Oil should also give back some of it's gains. Stock market can prosper. US$ rally may resume. Not a pretty picture for the gold bullishly inclined.As Saville points out, public confidence in the financial status quo robs gold of investor interest.

To: SliderOnTheBlack who wrote (499)	8/29/2005 10:59:56 PM
From: Frank Pembleton	Read Replies (2) \| Respond to of 50637

Slider ... I'm a long-time subscriber of Saville's letter. I think he's one of the worst market-timers out there. He totally blew the December 2003 top, and this is where he's a specialist-- and I'm talking about gold stocks...! He missed the parabolic run-up, and he completely ignored the high-volume blow-off. He actually issued an apology a couple of months later. He also stayed on the sidelines regarding energy ... so whenever he thinks there's a top in WTIC he issues a sell. How many f'n times can you sell energy before your subscribers call you a fraud...? He's been selling all the way up to now, and I expect he'll issue another sell next week and yet he has nothing in the way of traditional energy plays to sell. We've also been in a screaming bull-market in uranium, he comments on uranium, and oddly enough he has only one uranium stock in his portfolio and he's down 7.7% on his position. He's that bad. ...as for the basing his next entry into gold by waiting for the go ahead from the fed...? I would assume that we both know that stocks will move in the anticipation of an event-- maybe even by 6-months...? You also commented on how Saville missed out on a 54 point move-- well, when you're basing your entry points on a $HUI:$GOLD 40-day MA you're bound to get whip-sawed if you don't understand how to trade a trending market and one that's trading within a range. In other words his clueless. Anyway, I see Saville as a good'ol fashioned contrarian indicator-- which is a good thing, considering that a grand majority of newsletter writers are random (at best), which of course is completely useless to me.