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Charmin

Monthly Digger - October 2010

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Still no panic buying in gold, a steady up trend. Just as well not spike up yet to continue the run. This is about 3 months of a climb with top calling 2 months ago. Didn't happen.

 

Politicians trying to get re-elected so no addressing current situations like mortgage fraud. Hell, they don't even talk about it. It's a disaster and it's ignored for the most part. The taxpayers are really gonna pay for this one.

 

HL getting a little support from spot silver. Imagine that.

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Just doing my thing

Slipsliding out

Sold the last of my Kinross and now have like 19% cash

I think time is up pretty soon .In the extreme case another 24 days to go , but statistics are agains extreme cases

Anyway I don't care which way the cookie crumbles

I stay 75-80% in miners and I don't scare .

I survived the 70's without scaring

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Statistically there is a large possibility that HUI peaks two days before gold

So this could be game over for 4-5 weeks

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This is what Bearvest used to call imbedded

He promised he would post positive posts ; where are you Bearvest ?

 

With a bit of chance we get a third steeper channel before the consolidation .

post-1584-12871319086697.png

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i am not ready to pronounce this leg finished yet, we have had these corrections before on this leg, and they have all resulted in higher prices.

some food for thought:

Scoreboard year-to-date in percentages -- Agricultural

 

Cattle (lb)....................+12.0%

Coffee (lb)...................+36.9%

Corn (bu).....................+37.3%

Cotton (lb)...................+46.7%

Lumber(1000 bd.ft.)....+32.9%

Orange Juice (lb)..........+19.7%

Soy beans (bu)..............+13.2%

Wheat (bu)....................+29.8%

dharma

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Anyone understand the crappy performance of AUY?

 

I allready got rid of Kinross because they seem to be in sync with YRI and that one is next to go

( I presume auy is yamana )

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Anyone understand the crappy performance of AUY?

 

After lagging, it has marginally outperformed GDX over the past two months, perhaps it will outperform going forward. It should do very well with high copper prices.

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wearing my buying hat, doing some buying into the close

1/2 positions and 1/2 dollar amount. bringing my cash to10%

dharma

auy is pissing me off. i started thinking that maybe chavez influence is

running through s.america?

ie . nationalization

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Miners that pay dividends are a little bit hamstrung as their profits are paid out instead of being reinvested in the companies. All miners will go up some just faster than others. The only real problem in this bull is picking the best stocks using location, reserves, producers and what not. I have about 30 (forgot I sold some) 20 miners with HL NG NGD GSS my main holdings money wise. Lite in RGLD my highest priced stock. Many between $1 to $5. Rest sub $1 or below a penny. NG is my favorite long term but even then I took some profits and loaded up on HL temporarily.

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i am not ready to pronounce this leg finished yet, we have had these corrections before on this leg, and they have all resulted in higher prices.

some food for thought:

Scoreboard year-to-date in percentages -- Agricultural

 

Cattle (lb)....................+12.0%

Coffee (lb)...................+36.9%

Corn (bu).....................+37.3%

Cotton (lb)...................+46.7%

Lumber(1000 bd.ft.)....+32.9%

Orange Juice (lb)..........+19.7%

Soy beans (bu)..............+13.2%

Wheat (bu)....................+29.8%

dharma

 

Can you believe Ben Bernanke thinks inflation is too low? The #1 export of the United States is inflation.

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