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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (43979)	1/17/2013 8:48:57 AM
From: steve from ihub	Read Replies (1) \| Respond to of 218280

what do you use to see the gold futures in real time? my site is delayed by 15-20 minutes. thanks in advance.

To: GROUND ZERO™ who wrote (43979)	1/17/2013 8:51:03 AM
From: penthouse mike	Read Replies (7) \| Respond to of 218280

Where is your main model sell signal for today?

To: GROUND ZERO™ who wrote (43979)	1/17/2013 9:08:36 AM
From: Keith Feral	Read Replies (1) \| Respond to of 218280

Gold getting hammered with the dollar down and the market up today isn't much of a sign of comfort. I still think there is a big battle for GLD at $160 that will end badly. Longer term, gold prices look pretty flat around $1670 for the next several years based on Nymex prices. I much prefer cyclical recovery themes to counter cyclical asset plays like gold. Looking at the charts of the gold mining stocks like NEM, they keep getting hammered and they are nearing last January's peak. All these stocks are very expensive around 18 PE's with low yields like 1.5% for stocks like GG too. No reason they can't be trading at single digit mulitiples with 3% yields by the end of the year. I see 50% downside for the more aggressive gold stocks like GG with very little upside potential.