I am long PAAS, GOLD, SLW, GLD and Canada so happy, but really… This is not going to end well for so many people. I don’t read enough or know enough about gold to truly understand the move. New wealth loves shiny things. Gold has generally risen during periods of inflation, global instability and a …
Tagged: Gold
Google, Gold and Oil…Related After All
So while the nerds and mainstream media argue whether Google has peaked, my gold and oil stocks are riiipppppping and the underlying commodities continue at all-time highs. We have WINflation going on for those just long the basic materials, oil, agriculture and metals, but LoseFlation in last year’s winners like CROX, Google, Apple and just …
Wallstrip Updates Gold…With Julie
Wallstrip first looked at Gold after the spike to $700 way back in 2006 . A deep correction followed taking gold below $600. Today, Julie gives us an update with the metal over $900 . With my sale of Apple stock, GLD is the longest running position in my portfolio with PAAS and SLW not …
Gold and Silver…WOW
Color me a believer in price. Let’s face it, gold is a useless metal in North America. Silver less so. Obviously, there is something bigger going on. It is not just speculation, nor is it inflation and a weak US Dollar alone. In the past, gold stocks were hammered during market corrections. Not recently. I …
Gold and First Solar…and OIL
Cha-ching! Let me repeat…cha-ching. Hope you are with me on these trends. Wow. Nice move in NDAQ today as well. Thanks for the hate FLY :) . Disclosure – Long OIH, FSLR, SLW, GOLD, GLD, PAAS, SLW and NDAQ
Gold, Oil, Tech, China and a Weak US Dollar = Goldman Sachs Profits
Gold at $800, Oil above $93, Tech on fire, China in a boom of histrorically epic proportions and the US Dollar imploding…based on these headlines, it makes sense that Goldman Sachs hit all-time highs today. Here’s why…they trend follow. They pile on. They stick you with the mistakes. The ‘credit crunch’?…Peeshaw…just a nuisance to Goldman. …
Inflation is GOOD?
For now. Gold and silver busting out everywhere. I own SLW, PAAS, GLD, GOLD and bummed at all the stops that were hit in August. Big fakeout. Looking to add some good names here. Amazing.
US Dollar – Entering No Man's Land…Again
The Canadian dollar touched par today. In July I blogged about WINflation . Just as true today. In the selloff last month, I was stopped out of some gold and oil positions. I thought a big change of trend were at hand. Not so. I will be adding some more names in both sectors over …
GoooooooooooooooooooooLD
Best Day of the Year…I love Bernanke
The numbers were insane across the board. You needed to be in the leaders and on this blog you have been shown plenty. Gold and OIL exploded as the economy ‘global’, despite what the fed and naysayers think is freaking HUMMING. How about my long time favorite PHO (water ETF), up 5 percent to an …