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

To: TobagoJack who wrote (80119)	9/22/2011 9:13:45 PM
From: carranza2	Read Replies (1) \| Respond to of 217734

yes, many are worried, and rightfully so. being in gold, treasuries and majorly in one miner and small lotto ticket in another, i am strangely calm, thinking that this too will pass. fundamentals of gold have not changed, lower interest rate guarantees rise, flight to safety to USD is a joke. it is overprinted and in 'devalue to pay debt' mode. plus, you asians keep buying and buying, and buying the stuff. however, now that mq is a holder, i am worried. vbg seriously, gold shall return and go forward. no doubt about it. look at it from a yearly perspective. we are way, way up ytd, and that is not in danger. miners, too, esp. since drop in energy prices shall make them even more profitable.

To: TobagoJack who wrote (80119)	9/22/2011 9:20:08 PM
From: Hawkmoon	1 Recommendation Read Replies (2) \| Respond to of 217734

Hope you all discussed standard price deviations in commodity prices. Maybe you discuss this with your daughter as well... siliconinvestor.com Then you can discuss whether gold is money, or a commodity (or both?). Hawk

To: TobagoJack who wrote (80119)	9/22/2011 10:05:37 PM
From: 2MAR$	Read Replies (2) \| Respond to of 217734

Weekly chart shows $gold still well within its uptrend (off the rising 20ma) even with a pullback to $1700 , and these pullbacks have all been at pretty regular intervals which is why that topping action @$1900 looked pretty reliable as a short matching previous periods . What was also in the background hearing Merkel (or some of her allies) already mention the German reluctance to carry the piigs & challenging Italy to sell off reserves & buy back debt in late aug, so that risk was always on the table of dilluting the trade and apparently this is happening in some measure by the ECB now . You've seen me stalking Silver for the short enough times here even when the trade was not very fashionable as things pumped up ...but it was only when Gold hit $1900 that 2nd top put in really became a draw finally as a short ...but silver as you said is the little ugly red sister & better bang for the buck. Shorting Ag or the GLD was the way to profit obviously at least from $1900 . (GLD round $182 ) Now wait to see whether here just above $1730 support holds or that $1710 level gets tested , have to assume they have been selling since up at $1900 and still trading well above the trendline so far this has been just a minor correction . Truely it could (and still may) have fallen much farther , but hasn't .