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Monthly Digger - April 2011


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sprott ringing the bell @the close of nyse , and interviewed by cnbc

http://video.cnbc.com/gallery/?video=30000...tm_medium=email

you tell em eric!

 

john embry

http://kingworldnews.com/kingworldnews/Bro...John_Embry.html

 

john hathaway

http://kingworldnews.com/kingworldnews/Bro...n_Hathaway.html

 

this piece is from forbes the bank runs of the 30s and fdrs ban of gold

http://blogs.forbes.com/richardsalsman/201...rs-ban-on-gold/

 

some history here. worth knowing, thieves then, are no different than the thieves of today.

dharma

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The latest "Trade of the Week" is to buy GLD

 

"Since GLD has just bullishly broken out of this second ascending triangle, the trend is up.

 

According to the measuring principle -- calculated by adding the height of the triangle to the breakout level -- GLD could easily reach a target of $154.65 ($142.24 - $129.83 = $12.41; $12.41 + $142.24 = $154.65).

 

With no historical resistance in sight, the fund could easily soar higher. As a result, a target could potentially be double the triangle's height ($12.41 x 2 = $24.82; $24.82 + 142.24 = $167.06)."

 

http://www.streetauthority.com/research/28/Safe-Way-Trade-Gold-175-Gain-4580

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I got 10% cash and I will enter this new week as if

we will have a top of the 19 day cycle for HUI which is what my computer says has a 75% probability.So I will try to sell my latest "unwanted" shares . I got ten in all and see no reason NOT to reduce the amount .

 

Also for all dollar owners ; in euro I am still down 8% since the first week of January so I am NOT please with my performance in euro .

 

I guess this means the dollar is going down and down :blush:

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I got 10% cash and I will enter this new week as if

we will have a top of the 19 day cycle for HUI which is what my computer says has a 75% probability.So I will try to sell my latest "unwanted" shares . I got ten in all and see no reason NOT to reduce the amount .

 

Also for all dollar owners ; in euro I am still down 8% since the first week of January so I am NOT please with my performance in euro .

 

I guess this means the dollar is going down and down :blush:

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Still all in. Expecting more of a pull back. Have a margin order in on some silver miners at some gap fills. hopefully in the next couple of weeks, then expect 4 week blast off. Still thinking get out (50% invested) after that for the summer, end of May maybe?

i think this will be a relatively fast pull back. i have the last week in april as mercury going into saggitarius which has a very high correlation to appreciating metals prices

dharma

and i agree, i look for a fairly big take down after this upmore terminates

we imho, have not topped here.

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Still all in. Expecting more of a pull back. Have a margin order in on some silver miners at some gap fills. hopefully in the next couple of weeks, then expect 4 week blast off. Still thinking get out (50% invested) after that for the summer, end of May maybe?

i think this will be a relatively fast pull back. i have the last week in april as mercury going into saggitarius which has a very high correlation to appreciating metals prices

dharma

and i agree, i look for a fairly big take down after this upmore terminates

we imho, have not topped here.

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i think this will be a relatively fast pull back. i have the last week in april as mercury going into saggitarius which has a very high correlation to appreciating metals prices

dharma

and i agree, i look for a fairly big take down after this upmore terminates

we imho, have not topped here.

 

Yes, would be nice to have my buy orders hit this week, then a 5 week blast off, to higher highs than most expect. Agree, I do not want to go through the summer fully invested with a big take down. So, hopefully we can make some gains, par back and relax this summer.

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looks to me like all the action since oct was building a big base. we are backtesting the base, yesterday, and support held. also from the march lows, the fibs held. i dont know when we bottom here. but i am looking for a significant upside move.

dharma

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