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


To: SliderOnTheBlack who wrote (4665)3/4/2007 11:12:15 PM
From: Fiscally Conservative  Respond to of 50079
 
Interesting post. Nice job!
Wake me up when you think it is again time to Buy or Sell Au,Oil or Natural Gas . I'll listen ;)



To: SliderOnTheBlack who wrote (4665)3/5/2007 3:43:10 AM
From: maceng2  Respond to of 50079
 
Thanks for your analysis slider, your ample warnings have certainly help my little portfolio.

Just a couple of points.

The appreciation in the previous gold blow-off (1975 to 1980) was exponential in nature. i.e as time went on there were ever increasing jumps in the POG. To be left holding the bag at the end must of been painful as the drop was almost a mirror image.

If the appreciation in gold is more linear in this case, that can only be a good sign for the future of the gold bull imho.

This is the full chart that most people are familiar with



this is an inflation adjusted chart (note:- slightly different time frame in 2005 dollars).



[data source:- gold-eagle.com ]

So how much is a gram of gold worth these days? or silver for that matter?? The USD has been widely dispersed, and the USA is no longer the manufacturing and financial hub it once was.

One last point, as all the professionals point out... past performance is no guarantee of future returns.



To: SliderOnTheBlack who wrote (4665)3/5/2007 8:09:54 AM
From: bearjones  Read Replies (2) | Respond to of 50079
 
LMAO!!! And why was this not posted before the bit hit? Scared and hiding under that famous porch?? LOL
Your credibility would have been much higher had you posted it just before it happened, instead of disappearing/hiding. You want to know what the problem is as far as why people dont follow what you are saying? The true substance is lacking and no right-minded individual is going to blindly do what a cyber space guy it touting. Now that would be ignorant to say the least. Your extensive disappearing acts leave people wondering .... LOL

Obviously you are "connected", and so you know where and when things are going ... but that does NOT mean that you have explained it enough for readers here to follow LOL LOL Continue to regurgitate what your contacts are saying. Maybe your lost sheep will come back to you.

Ever think that some of the gold investors are playing the players LOL LOL You used to tout that ......



To: SliderOnTheBlack who wrote (4665)3/5/2007 4:15:13 PM
From: 8bits  Respond to of 50079
 

Truth:Here’s how the last major cycle in gold played out:

This is the first half/early cycle period from 1974 thru 1979:

kitco.com


Sir Slide.. I beg to differ, that is not the first half of gold's rise in the last cycle, it is the middle third. (It still should be viewed because during it's long bull market of the 70s gold has a serious downturn midway through) Please note the rise in the left half of the chart below:

kitco.com

Gold has been following very closing with the CRB in the last 19 years:

futuresource.com

Considering the shortest commodity cycle in the last century lasted 13 years and this commodity cycle didn't start until 1998, where do you think we are now...? I'd say we are not even midway between this commodity cycle. 2.4 Billion Chinese and Indians want to move into the middle class.. that's going to take a whole lot of metals and oil....

No doubt we could see a nasty downturn in the near term for the commodities markets.. (although I don't think we are there yet..)



To: SliderOnTheBlack who wrote (4665)3/5/2007 8:08:57 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 50079
 
Margin Clerks are people too...

As I mentioned yesterday, over the last couple weeks
virtually all the pundits appearing on CNBC and all the
gold bug newsletters & ezines were pimping AUY & FRG.

From Fast Money's Eric Boling pushing AUY - to Agora's
Kevin Kerr offering up FRG as his #1 pick on CNBC.

It was the same two names -- over and over and over again.

And in my world that's like Chocolate Cake on
a Fat Boy's plate.

...it ain't gonna last long.

And it didn't...



You need to remember that -- and learn from it.

"Live by the Mo...die by the Mo".

When -- not if.

Lot's of naked swimmers being exposed by the
yellow tide rolling out on yellow cake:





AUY, FRG & URZ are creating a massive amount of margin calls.

If you get a call, I ask just one thing --please remember...



...................Margin clerks are people too.

Slider

PS: Can you say - Cityscape Deja Vu all over again?

It's a freekin short-selling orgy out here...



To: SliderOnTheBlack who wrote (4665)3/6/2007 7:00:31 AM
From: Fun-da-Mental#1  Respond to of 50079
 
Slider,

According to your charts we are near the end of a consolidation phase in a multi-year uptrend. The expected upside is somewhat less than the last leg up (+55%), so let's say +40%.

The charts from the last gold mania show that gold moved up faster and faster at the end, in a speculative blow-off top. We haven't had that yet. The peak last May doesn't count because it was not so extreme, and the price has been consolidating not far below that level.

Gold looks like a buy here.

Fun-da-Mental



To: SliderOnTheBlack who wrote (4665)3/8/2007 6:09:52 PM
From: praha4  Respond to of 50079
 
although I've disagreed with Slider in the past, I agree with him on the gold mining stocks here. It is time to stay out of gold stocks.

the easy money has been made, now HUI is hostage to fast money swing traders. As Jack Chan has pointed out in recent reports, and as Slider's post showed very well, HUI has been stuck in a trading range since May 2006, and HUI will not break to new highs until we see the next "impulsive phase" (IP) of buying. Right now its the same goldbug crowd jumping in and out of the sector.

over on Valueforum, a pay message board made up of middle age and older retirees, supposedly more "value" oriented, and looking for safe dividends and fixed income plays, the board has become overwhelmed with folks pumping metals. It is amazing.

that was the signal to me that the top was in for gold....

not saying u can't make some money day trading and swing trading the sector, but just buying and waiting for $1,000 gold is not likely to succeed.

what goldbugs don't acknowledge is that even with a terrible outlook for the US dollar, it is not inevitable that gold will go higher. Its just another speculative commodity, not unlike natural gas, crude oil, sugar, wheat, pork bellies.

too many watch CNBC, read 321gold and kitco, and jump online chasing gold stocks, hearing those famous words in their head:

"get in there and BUY -- MORTIMER! BUY BUY BUY!"

my strategy has been to buy some kruggerands and gold eagles, keep em in the safe deposit box, but I'm out of paper gold and gold stocks. These mining companies margins are getting squeezed, and their stocks are too richly valued at these levels, even AUY.

good luck to all,
praha4