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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (25396)1/27/2011 11:15:23 AM
From: Tommaso1 Recommendation  Read Replies (1) | Respond to of 48092
 
Well, my mother used to say, "Don't be so open-minded that your brains fall out."

Here's someone who makes sense to me:

But, in spite of this pullback, “the strategic, long-term investor is still very much part of the gold story”, according to ETF Securities’ Will Ryan. The gold bull market still has legs, and after this correction, junior miners will benefit from rising prices, and potential acquisitions (and volatility will work in their favor on the upside)."

As does this:

Jim Rogers also talked about inflation. He said everywhere in the world, including Europe and Australia, there’s inflation.

“The Americans lie about it and the British lie about it,” said Rogers. He added that inflation is supply driven and he gave the decline in oil reserves as an example.

Rogers thinks that the recent decline in gold and copper is nothing more than corrections in a major bull market, and it still has years to go. Rogers argued that massive money printing will make investors put some of their money in the stock market, but that more money will go into commodities.





To: TheSlowLane who wrote (25396)1/27/2011 2:49:54 PM
From: Andrew4 Recommendations  Read Replies (1) | Respond to of 48092
 
Hence why I'm not gonna try to convince anyone to use charting that thinks its stupid. Maybe just point out to them that its nice to be polite LOL.

Charting is so widely used now that we all have computers and the ability to easily access charts though that the whole market mostly moves on technicals with a bit of news driving things. We are all looking at the same charts afterall.