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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (71957)	1/3/2010 9:11:07 AM
From: KyrosL	1 Recommendation Read Replies (1) \| Respond to of 74559

Yes, TJ. Somebody that follows ALL your posts understands that physical gold allocation is not the major part of your portfolio. But somebody that misses your occasional portfolio updates, only registers getgold! getgold! getgold! If that somebody has a goldbug mentality and not that much time to read EVERYTHING your write, and discount your GETGOLD advice, he can easily get the wrong idea about what your are really doing :)

To: TobagoJack who wrote (71957)	1/3/2010 10:38:50 AM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

Hi TJ and happy New Year to you. Note that I was spot on with gold at 31 December 2009; right on the money. I already gave my prediction for gold at 31 December 2010 of $1,400 per ounce. While it's tempting to take the offered chance to review my calculations, things seem to be progressing much as expected so I'll leave it at that. <. Using financial relativity theory and mathematical review of said data we should expect US$1100 at 31 Dec 2009 and $1400 at 31 Dec 2010. > Haim wanted me to show my financial relativity theory calculations but the financial physics is too complex for regular humans so I have given just the answer. Thanks for your invitation to provide a free price guide on gold for 2010. Message 26215997 Mqurice

To: TobagoJack who wrote (71957)	1/28/2010 10:12:01 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

China gold production zooms further as they dig deeper into the atavistic impulses of a bygone era: <http://www.marketwatch.com/story/china-gold-production-at-record-in-2009-reports-2010-01-28 NEW YORK (MarketWatch) -- Chinese gold production topped 300 tons in 2009, a new record, making China the largest producer of the precious metal in the world for the third year in a row, according to media reports Thursday citing the China Gold Association. The association said that gold production reached 313.98 tons last year. Last month, consultancy group GFMS said China would surpass India this year as the world's largest consumer of gold, with total demand forecast at 432 tons. ... continued...> At least the cost of production is way below the current price so if they unload it quickly, the producers will gain. Meanwhile, panic in QCOM shareholders as Apple's iPad turns out to be nothing of interest and certainly not the mirasol, Snapdragon, Android, Gobi device it might have been. "Abandon ship - sell on the iPad news which turned out to be not even news, and what's worse revenue for QCOM was indifferent at best and guidance from Qualcomm was down...arggghh.... sell sell sell, dive dive dive". Good news comes in many flavours. Now Qualcomm can buy back stock at bargain prices [though not such a bargain if they don't cut their costs which are burgeoning like any garden variety corporate megalopolis. NZ$ down and gold racing $kiwi down but QCOM showing the way with serious speed. JPM short still looking good. Mqurice