Charmin Posted July 8, 2010 Author Report Share Posted July 8, 2010 I did have an uptrend line here for the GDX http://www.StockSharePublishing.com/ChartLib/GDX_07_07_21_54_1278554044.png Link to comment Share on other sites More sharing options...
AgentSmith Posted July 8, 2010 Report Share Posted July 8, 2010 About 4 months ago I took down a date, July 8th with the words "Civil Unrest" - this was from a half past human interview. Here's an updated article regarding this time period, from the: Monkey Mind Link to comment Share on other sites More sharing options...
dharma Posted July 8, 2010 Report Share Posted July 8, 2010 this is along the lines that i am thinking http://www.321gold.com/editorials/hoye/hoye070810.pdf dharma Link to comment Share on other sites More sharing options...
Todd Posted July 8, 2010 Report Share Posted July 8, 2010 dharma Are you saying you believe the second half of this year will be corrective for gold as Hoye does? Thanks Link to comment Share on other sites More sharing options...
dharma Posted July 9, 2010 Report Share Posted July 9, 2010 dharma Are you saying you believe the second half of this year will be corrective for gold as Hoye does? Thanks what i am saying is i think this was a short term top on 6/18 and i think that we correct till about august 10th and there may a second low in oct/nov. and i havent mentioned it , but i think we have a strong 4th and 1st quarter. stock prices today reflect market conditions 6 to 9 months. gold prices reflect current conditions. i think the broads get hit and so does the metals. that sucking sound is the reality of deflation. benny has the solution however, its called the printing press and print he will. there will not be deflation on his watch. now, i am not saying there will be inflation. frankly, i am in gold because of sovereign debt. sovereign debt has 2 outcomes. renege and have difficulty selling bonds in the future. or pay it w/ depreciated dollars, because paying back as is is impossible . or revalue gold. do that as in the depression and make paupers out of the populace. paper fiat is all relative. gold has been money forever. fiat as fiat has never survived never. cbs hold gold. its all i need to know dharma Link to comment Share on other sites More sharing options...
Ageka Posted July 9, 2010 Report Share Posted July 9, 2010 Exciting After all these years finally my stuff has another outcome then your stuff I have an high for oct/nov Link to comment Share on other sites More sharing options...
GRINCH Posted July 9, 2010 Report Share Posted July 9, 2010 Gold and Gold Stocks are the Last Hope for Most Link to comment Share on other sites More sharing options...
dharma Posted July 9, 2010 Report Share Posted July 9, 2010 grinchie, i posted the link to that chart that on page 1 ageka- this piece is on ngd. http://goldstocksdaily.com/2010/07/07/more-on-new-gold-and-its-issues-with-the-cerro-san-pedro-mine/ dharma we are on the same page. i am looking for a low around aug 10th food prices , if i am correct, will go into a big bull market this is a resource , if you dont want to play the futures. it lists all the different etfs, etc http://www.marketskeptics.com/2009/02/how-to-invest-in-agriculture-and-profit.html Link to comment Share on other sites More sharing options...
Dharmaeye Posted July 9, 2010 Report Share Posted July 9, 2010 All in cash. Stocks sold before jam. Link to comment Share on other sites More sharing options...
GRINCH Posted July 9, 2010 Report Share Posted July 9, 2010 grinchie, i posted the link to that chart that on page 1 Not again! Sorry, Dharms. At least we are watching the same gold-porn. The chart is staggering. It says owning a handful of quality producing juniors will make me rich! Rich I tell ya! As always I get a comfortable long view through your wise posts. Many thanks. Link to comment Share on other sites More sharing options...
dharma Posted July 10, 2010 Report Share Posted July 10, 2010 fact 85%of the people who invest in the stock market lose money murphys law comes into play and not yet , but @some juncture in the future, volatility will be on a scale few have experienced. @one point in 79 everything i sold, i bought back @higher prices. i am a fairly quick study. this time i expect the same thing to happen again , unrelenting bull action. i have to say it surprises me the miners have underperformed for this long. @some point and i dont pretend to know when, miners will outperform . when is the question. i watched a presentation today by stansbury on a stock which they dont mention that was most intriguing, their announcement will be on the 12th. i took a position. i had to do some digging, but found the company. the stock is nautilus mining http://www.stockgumshoe.com/forum/teaser-challenges-and-solutions/stansberry-assoc-phase-1-abnormally-rich-gold-mine-1-mile-undersea-off-pacific-nationmelanasia#p5269 take a look. if it gets a pop i will be out , but should a larger correction develop, i will come back for it, it does sound good. i follow astro stuff, and this time period is an unusual occurrence in the heavens. we shall see. dharma Link to comment Share on other sites More sharing options...
Ageka Posted July 10, 2010 Report Share Posted July 10, 2010 I spend half my cash last week 8% left I think the very short term bottom is in (21 days cycle) Link to comment Share on other sites More sharing options...
Ageka Posted July 10, 2010 Report Share Posted July 10, 2010 According to the Economist the gold peak may be past us Since middle class India is selling etc http://www.economist.com/node/16536800 Link to comment Share on other sites More sharing options...
dharma Posted July 10, 2010 Report Share Posted July 10, 2010 According to the Economist the gold peak may be past us Since middle class India is selling etc http://www.economist.com/node/16536800 gold is making new highs against fiat, which is decreasing in value. rising interest rates have historically been good for rising gold prices having lived in india for 3 years and part of the time,studying ayurveda w/a master. he put a tent on his roof and we moved in. there is a deep distrust of govt among east indians, so they keep their wealth in jewelry. its not a function of the price of gold. its a function of having generations being screwed by holding just currency and distrust of banks just a few quick ideas that come to mind dharma Link to comment Share on other sites More sharing options...
Todd Posted July 11, 2010 Report Share Posted July 11, 2010 India and worldwide jewelry demand are the leading forces when gold is in a BEAR market. Investors (fund buying) drive the bull. People like Nadler are bears because they're viewing the gold market as if it were still 1981-2000. Link to comment Share on other sites More sharing options...
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