| From: Ms. Baby Boomer | 8/8/2014 10:26:10 AM | | | | | | Gold rallies on word of authorized U.S. airstrikes in
Iraq...
Jumps $5 after Obama announcement
LOS ANGELES (MarketWatch) — President Barack Obama on Thursday evening blew a kiss to gold bugs by saying that he has authorized air strikes in northern Iraq. The announcement sent shivers through equity markets and helped to push gold prices higher...
marketwatch.com
Have a nice weekend.... |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Mike M2 who wrote (48073) | 10/3/2014 11:55:27 AM | | From: Fintas | | | | Thanks for the post. Although I might drive many nuts. What most should take away and focus is not the repetitive crap. In fact if one is involved with schedules there's lots of repetitive crap day in and out.
What I did was put up a number. THE FIRST begin 1220. It was hit. And then I re assesed sp? to put up another 1174.. Which many didn't want to accept. Yet the repetitive was to demonstrate consistency versus flip flopping. It could have happened by JUNE 30 2014. It didn't. There will be no more of that re times. My pesky traders can disrupt things. The original timeframe was end of 2014. I did similar with SPX for the end of 2014. And that too is going to push due to variables put in place to orchestrate buying. But I stand FIRM on the SPX 1458. The rally we are now seeing will end.. And the game of down will continue.. POG like.. .
By the way will i change a number/target. IF I saw/see anything that suggested it.. in a heart beat. Had POG taken out 1648 I would have. But it didn't..
That never happened and now we get to see just how low it can go.
But first things first. 1174 hasn't been hit. So it's still not in the bank. The sector can still bounce if traders want to scalp but the INVESTOR is not there and has not been there. IF the large investor was there that BP PREC would not be at 24 a number I presented but it would be at 42. That becomes worrisome for I had 16 under neath that 24.
However it did go as low as 6 and it could do that. And that suggests those who have 1134/1050/1028/972 such as Zincman.. Pokerssam and others could see those numbers.
Have a great day. I'm not as I'm experiencing lots of pain in the temple area. I knew I shouldn't have taken that HAZ MAT off to eat the darn pint of rum raisin ice cream. SMILE
Fintas |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: The Barracuda™ who wrote (48074) | 10/3/2014 12:04:24 PM | | From: Fintas | | | | It's not about being right or wrong. It's about putting up what one sees and then the hope is to discuss and debate the why with others who also have their views.
Unfortunately in the world of construction they MF ya to death and in the world of money whether it be seeing Seagate going to 75 or GLW to 28 when the majority were saying 16/12 for Seagate and 0 for Glw out they came in force.
Or seeing APPLE dropping from 700 to 448 and many then ganging up with the name calling.
Money causes many to show their weaker moments.
BUT whether one wants to hear a contrary view or not.. we should all be willing. That is why I always say.. Let's debate and discuss.
Have a good one.
And there will be a flip side i.e UP.
Pokersam put up a chart that gives the pop.
Whether it goes that low or not is yet to be determined However, I can see his number up.
OH and POG still can pop a bit before the 1174 is hit..
Be Well
Fintas |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Whitmore G. who wrote (48077) | 10/10/2014 2:19:52 AM | | From: NOW | | | | i have to say, you don't seem to make many predictions but this one was clearly one of the finest ever called on SI
Dow may touch lower 7k in next few weeks. Also, I think the US dollar will finally start to trade down when the US moves with it's even more aggressive rate cut later this month, if not before then. Gold will strengthen from here. Currencythoughts.com says dollar move up is based on forced liquidations of hedge funds who are closing their books for their year end and not on capital flows which are negative for the US dollar and getting more so. Also deflation ,the likely future now, is bullish for gold just as the recent inflation was. The strength in the US dollar is also not justified by European manufacturing growth being lower then the US. The opposite in fact is the case. Gold would continue to suffer if price stability is maintained but that would entail disinflation and continued slow price growth which is highly unlikely given the down force coming from the current house price cavitation. The price of gold performed well in the thirties deflationary market. It will again in the coming and current deflationary environment. The instability likely to come from failure of Lehman swap payments to settle, due in coming week,Tuesday, from those under writers on the hook for it and the auctioning of us dollars in Europe as a part of their bank rescue package will also weigh heavily on the US dollar the principle of which, let us not forget, is the source of all this mess. |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: EACarl who wrote (48079) | 10/31/2014 4:26:46 PM | | From: EACarl | | | | Interesting. NEM last hit this price in Jan 2002. Gold at that point was around $277~.
That's a QUADRUPLE in the price of GOLD and a go NOWHERE in the price of NEM over the same time period. |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: EACarl who wrote (48080) | 11/1/2014 10:37:33 AM | | From: Follies | | | | Sorry about the size, but look at this 18 year chart of the price of gold divided by the XAU. The miners have been going down realtiv to gold for 18 years. |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |
