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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (128973)	8/21/2008 11:52:56 PM
From: Rocket Red	Respond to of 313012

Best just too keep scalping it if you can time the trades right

To: rubbersoul who wrote (128973)	8/22/2008 6:51:13 AM
From: TheSlowLane	Read Replies (2) \| Respond to of 313012

I would submit that institutions stuffed to the gills with Freddie and Fannie paper and the like are the real bagholders. Glad I got my physical when it was readily available, the current situation shows what can happen in the bullion market with just a bit of buying pressure. The ratio of fiat currency to bullion is enormous... This gold bull is barely out of the starting gate. This latest gold and silver intervention has admittedly been the worst because the very things that we bought gold to protect ourselves from have happened yet we have been steam-rolled. We have seen these smash downs before, almost always at key bullish moments. Ask yourself if anything has changed to the fundamentals of gold and silver and you will see they have only gotten stronger. The crux of the problem is the majority continue to play on the money powers field. They are experts at controlling all things paper. Stop playing on their field! Fight your battle and mount your defense in the real world, the physical markets, not the paper fantasy world of the money powers. You can not win there! A good indicator to see where we are in the gold bull is to look at how big jewelry demand is out of total demand. When we are toward the end of this gold bull jewelry should be largely priced out of the market, probably only accounting for about 15% of overall demand rather than the vast majority of demand as it is today. For those that are afraid that the stock market will be so bad that gold stocks can not buck the tide, realize that precious metal stocks are the only group in the stock market with a negative beta meaning on average they are going in the opposite direction from what the market does. Even during the depression gold stocks bucked the trend rising 900%. Some money absolutely has to stay committed to the stock market due to the huge amount of institutional funds. That money will gravitate eventually to the areas that provide a haven and despite the efforts of the money powers to discredit the safe haven status of precious metals and precious metals stocks they will find this sector of the market. Gold and silver stocks will provide many times the purchasing power returns than cash; that is for certain. gold-eagle.com