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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (77484)	8/9/2011 5:40:58 PM
From: 2MAR$	Read Replies (1) \| Respond to of 218645

lol...can just imagine many brokers are going to miss & warn in coming Qtrs on lowered trading vols , though like SCHW & GS they have pretty well been shakin out already .... so if they do manage to bid up again become shorts later once more . Yesterday about $1tri of value was shaken out of the market alone and about $700bil came back in today. Silver Again my instincts ,read & riding herd on Au , seeing that rally just wasn't happening yesterday continuos with Ag ...it was pretty telling that as Gold ramped Au was stymied @ "$40" yesterday . Played that trade "contrarian" to prevailing logic and caught another 22pts swoon today on the AGQ , though many were assuming it would serve as a haven, but proved false . Au behaving more in line as a commodity metal than a PM trading down like Oil...maybe just a little of the latter but saw that real stiff resistance yesterday and took the contrarian trade on the AGQ @ $207/09 with the 20ma acting as overhead R .There were some that really thought i would sufffer a loss here , they weren't seeing what i was seeing on the tape ...it all went to Gold . Great call btw , ;o)

To: TobagoJack who wrote (77484)	8/10/2011 8:42:11 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 218645

This is a good one <smile> TJ, think about this - hoarding gold will slow the economy and take out fiat money from circulation - bad for the economy same as puting cash in the mattress. Governments can not accept this therefore they will confiscate gold as they can politically and give you a piece of paper instead. Germany already pressures EU memebers to sell their gold holdings Other venue is to buy platinum and sell the gold as it is a more industrial material, other ideas could be to go into more mundane commodities as inflation will follow very soon Polished good quality diamonds are also a great investment as the ratio bewtween raw diamonds to high quality is around 1 to 500 to even 1,000 and reflects mostly work invested in polishing the diamond THose are my 2 cents - sell gold buy other hard assets. Gold passed my target of around $1600 you need discipline in investing.