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


To: SliderOnTheBlack who wrote (20379)12/10/2009 11:34:56 AM
From: TH4 Recommendations  Read Replies (2) | Respond to of 50292
 
SOTB,

Interesting, as always.

I've been thinking about Paulson lately and wondering if he was selling. This idea never entered my thoughts, but it has real potential.

I'm curious if gold shows us it has a pair. If we get a sharp selloff, the test for me is the bounce. I still think lots of people want gold for the long haul, as the road ahead will require truly massive printing.

GT
TH



To: SliderOnTheBlack who wrote (20379)12/14/2009 10:51:23 AM
From: SliderOnTheBlack6 Recommendations  Respond to of 50292
 
Follow up to WWJPD: Is Roubini trying too hard?

Like clockwork, the positive open, gold stock rally
was sold into.

But, it''s now bouncing back, and...

Nat Gas is busting a move thanks to Exxon.

And sleepy etf (coming food crisis play) DBA is up 1.37%.

And the dollar is down.

Are traders beginning to sniff out the "WWJPD Trade",
and is his dinner party guest Nouriel Roubini
"trying too hard" to bash (talk down) gold?

zerohedge.com

(yes, that's a rhetorical question)

Might not be a bad place to throw on a few day trades
around the edges, as the Oba-mao gang is trying to
raise the debt ceiling high enough to carry them
out through the Nov. 2010 election.

Plus, Stimulus II is coming, as state and local governments
are collapsing.

And we've retraced about half of the move here...



50% pullbacks into still positive underlying fundamentals
(and gold's may actually be improving), are ususally
solid risk:reward, initial re-entry trades.

Not - load the boat, bet the farm, all in trades,
but solid risk:reward, initial re-entry trades, as
this is ground we've taken and held many times before.

Valhalla awaits on the breakout above HUI 518/GDX 56.

Added a little Agnico Eagle/AEM, and some CDE here.

SOTB

PS: The Russian's changed their mind on dumping gold
onto the market and their central bank is now buying
that gold and additing to it's gold reserves...

mineweb.com

Now if only India, or China would announce taking that
2nd tranche of gold off the IMF's hands...