ABX, AEM, BVN, GOLD (Thankd Eric) Will likely add a position or two more today or just more of the metal. Seems obvious the Fed will cut and the gold stocks moving up seems to indicate the loose policy will continue.
Tagged: Gold
'WinFlation'…Making Money off Inflation…THINK NORTH
‘WINflation’ is my new term for making money off inflation. All the smart people talk about it. They have no idea. BUT YOU DO. You spend money.You read. You know this war we are waging in the middle east will not stop. I am long the stock market because my WINflation play is that the …
I can't get BEARISH…I was buying that DIP
Other than BUBBLE, the two most useless investing terms are BULL MARKET and BEAR MARKET. There are stocks that suck and stocks that are cooking. Now that the dust has settled on the swoooon of the last 10 days, my portfolio is little changed on the year (up a few percent). I was hit, but …
China clamping down on Speculation? The real news is the US Dollar reaction
It is now the largest decline in a decade. Big Woop. It’s a fart. The index was up way over 120 percent last year. No doubt, trend followers like myself are hurt on days like today. That’s why I have a dog :) . As I wrote this morninbg, it’s the move in Gold and …
China DID Blow a Top
Last night China was down 9 percent. The smart money has been selling. It’s good fot the shorts and great for CNBC. They have had nothing but Cramer to help with ratings. Now there is a chance that one of the old timers gets punched on the exchange floor. I may just watch today. Bob …
Pan American Silver gets an Upgrade at UBS
I have no idea why people pay for research anymore. UBS upgrades Pan American (PAAS) to Buy from Neutral today. Thanks. I am long. Here is what they have missed . I am staying long as the trend is firmly in place. I would just expect big research firms to get me into a sector …
Gold is making me look SMART. Oh yeah, it's a bull market.
So Gold is up another $15 plus today and the dollar is melting. Of all the long-term trades I have in my portfolio, Gold has been there the longest. It’s a happy day fot the Gold bulls for sure. Don’t think about it, just stay with it. It is a spectacular winter day in New …
Canadian Dollar – a safer way to play a gold and oil rally?
Not sure, but I am bullish on the Canadian Dollar. No one in Canada believes in their own dollar. Inferiority complex I guess. I see things differently as a transplanted Canadian. Before the Candian dollar run is over, it should shoot well past what anyone believes is possible and I think past par and past …
Wallstrip comes back to the Yellow Metal
I am very bullish on Gold lately and have even traded it well the last few years. No real size, but I am tempted to add to my core positions lately. Just last week I wrote: I still own a bunch of Gold and Silver stocks – probably 10 percent of the stocks I own …
Could the market EXPLODE to the upside?
YES I can’t predict but many areas of the market look awesome from a price perspective. It is a feeding frenzy. I am off margin and feeling completely underinvested. No one away from Wall Street owns stocks. The average investor is long housing stocks, Yahoo (I am long but for the right reasons :) ), …