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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (91029)10/30/2009 4:06:35 PM
From: GROUND ZERO™1 Recommendation  Respond to of 94695
 
You're probably right, and you surely have a better feel for the gold market than I do, I only trade it as just another market, and I primarily trade the SP's... but to answer your initial question, I think if I were absolutely forced to take a position in gold, I would probably want to be long the market...

GZ



To: Eva who wrote (91029)10/30/2009 4:12:06 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
It's hard to say. Fall is usually the positive time for the gold
market, but not until mid to late November. You can see how gold highs
tracked SP lows at first, right until the 2008 crash, when
both crashed together.




To: Eva who wrote (91029)10/30/2009 4:47:00 PM
From: Real Man1 Recommendation  Respond to of 94695
 
FWIW, Gold is the only bull in town. It might actually soar
because of it. All that money from stocks and bonds have
to go somewhere. This is a chart of stocks, bonds, and
gold. -g-




To: Eva who wrote (91029)10/30/2009 5:02:11 PM
From: carranza21 Recommendation  Read Replies (1) | Respond to of 94695
 
The best, most informed thinking I have seen says or implies that additional stimulus will have to be made to make sure the 'recovery' doesn't run out of steam in 2010.

In my view, this means additional printing and the taking on of additional public debt, all of which are not good for the dollar and very good for gold and other PMs.

There are IMO huge deflationary pressures at work. Bernanke will figt them the only way he knows how. This is of course also very good for gold, though it is very bad otherwise. I accordingly hold a lot of gold.

Even if deflationary pressures overcome Bernanke's & Obama's future efforts to stimulate a slowing economy, which efforts I think are inevitable, I think gold should still do well. But the success of gold in a deflationary environment to me is a lot less certain. I accordingly keep my PF in a lot of cash, too. In fact, that is all I presently hold, cash and gold and gold miners.

My two cents.