The Gold and Oil ETFs Might Have Peaked, see GLD at http://stockcharts.com/freecharts/gallery.html?s=gld, and, see USO at http://stockcharts.com/freecharts/gallery.html?s=uso.
Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts
Monday, March 28, 2011
Thursday, February 24, 2011
Look Out Precious Metals Bugs, Reliable Lead Indicator NEM Fell Out of Bed Today
Look Out My Fellow Precious Metals Bugs, Reliable Lead Indicator NEM (see one year Lead Indicator chart at http://finance.yahoo.com/q/ta?s=GDX&t=1y&l=off&z=l&q=c&p=v&a=w14,w14,w14,fs&c=nem,gld,slv) Fell Out of Bed Today 2-24-11, see http://stockcharts.com/freecharts/gallery.html?s=nem.
Labels:
Business,
Commodities,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Money,
Mutual Funds,
News,
Trading
Saturday, January 29, 2011
One Year NEM Lead Indicator is Extremely Bearish for Precious Metals & Rare Earth Sectors
The One Year NEM Lead Indicator is Extremely Bearish for the Precious Metals and Rare Earth Resource Sectors, see http://finance.yahoo.com/q/ta?s=GDXJ&t=1y&l=off&z=l&q=c&p=v&a=fs,fs,fs,w14&c=nem,remx,slv.
For the foreseeable future I'll probably be looking to trade (day trading and maybe also short term trading) Silver UltraShort using the ZSL ETF (UltraShort Basic Materials ETF SMN is another possibility). Once the rare earth stocks like MCP, REE, AVL, SHZ, CHGS, etc put in an Intermediate Term Cycle Low my main focus will probably be to day trade and short term trade them.
Labels:
Business,
Commodities,
Economy,
ETFs,
Finance,
Gold,
Markets,
Mining,
Money,
Mutual Funds,
News,
Silver,
Stocks,
Trading
Saturday, January 15, 2011
Woodrow Wilson Re Signing Federal Reserve Act
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." -- Woodrow Wilson 1919, commenting on his signing of the Federal Reserve Act
"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out." -- Andrew Jackson, as he prepared to shut down the Second Bank of the United States.
Wednesday, December 15, 2010
Closed-End Gold Fund With Better Tax Treatment A Better Bargain Than ETFs?
GTU/CEF also pays a very modest 0.10% annual dividend I believe.
Labels:
Business,
CEFs,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Money,
Mutual Funds,
News,
Trading
Monday, December 13, 2010
Friday, December 10, 2010
Tuesday, November 23, 2010
Supatcha Announces Stock Repurchase Plan for up to $3 Million
Labels:
Business,
Commodities,
Economy,
Finance,
Gold,
Investing,
Mining,
Money,
News,
Stocks,
Trading
Tuesday, November 9, 2010
Economic Scene: The Enduring Myth of Gold’s Record High
Labels:
Commodities,
Economy,
ETFs,
Finance,
Gold,
Inflation,
Investing,
Markets,
Money,
Mutual Funds,
News,
Trading
Thursday, October 14, 2010
#Gold's Probably Close to a Major Cycle High
#Gold's Probably Close to a Major Cycle High, for the Major Upcycle/Cyclical Bull Market since October 2008's $681 Major Cycle Low, see the second Weekly View chart at http://stockcharts.com/charts/gallery.html?s=$gold, and, note the Elliott Wave 12345 up down up down up pattern since October 2008's $681 Major Cycle Low.
Fundamentally, a gold Major Cycle High makes sense, because, the inflating game (and the effectiveness of further actions) by the powers that be is pretty much over. Any additional stimulus, debt buying/Quantitative Easing, etc won't inflate much if at all, because, it has to exceed the previous stimulus and debt buying in order to create growth.
For example, $100 billion of stimulus in year one must be followed by $200 billion in year two, $300 billion in year three, etc in order to provide an annual $100 billion delta/change worth of growth in stimulus.
Labels:
Business,
Economy,
Environment,
ETFs,
Finance,
Gold,
Inflation,
Investing,
Markets,
Money,
Mutual Funds,
News,
SPX,
Stimulus,
Stocks,
Trading,
USA
Thursday, October 7, 2010
Pimco Slashes Gold Exposure 70% at CNBC
Labels:
Business,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Money,
Mutual Funds,
News,
Trading
Thursday, August 12, 2010
Friday, June 25, 2010
UXG (US Gold) Appears to be a Great Gold Stock
UXG (US Gold) Appears to be a Great Gold Stock, see all three charts at http://stockcharts.com/charts/gallery.html?s=uxg. It's had a huge run obviously though. Near term it's probably a long trade (bought carefully, using cycles, Elliott Wave patterns and gaps, evaluate using candlestick charts). Investors should probably wait for a substantial and possibly even major multi-month correction. NEVER buy based upon excitement/emotion. The best time to buy is almost always when blood is running in the streets.
Monday, June 21, 2010
Saudis Hoard Twice as Much Gold as Thought
Labels:
Business,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Money,
Mutual Funds,
News,
Trading
Sunday, June 13, 2010
Take Note Gold Bugs - The Six Month NEM Lead Indicator is Very Bullish
Take Note Gold Bugs - The Six Month NEM Lead Indicator is Very Bullish, see http://finance.yahoo.com/q/ta?s=^XAU&t=6m&l=on&z=l&q=c&p=v&a=fs,fs,w14&c=nem. The NEM Lead Indicator has worked well for the past six months, and, in my extensive experience, it has worked well for years.
Wednesday, May 26, 2010
Is gold the next bubble?- WSJ
I add: Now is NOT the time to buy gold AS A LONG TERM INVESTOR. Gold has done a great job of hedgng against inflationary pressures for a very long time, but, it should fall dramatically due to worldwide massive deflationary pressures, and, simply because it's rapidly approaching the start of a Major Downcycle. Gold appears to be in a final Wave 5 Intermediate Term Upcycle, of the Major Upcycle/Cyclical Bull Market since the $681 Major Cycle Low in October 2008, see Weekly View chart two at http://stockcharts.com/charts/gallery.html?s=$gold.
Labels:
Business,
Commodities,
Deflation,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Money,
Mutual Funds,
News,
SPX,
Stocks,
Trading
Friday, May 21, 2010
Even $1 trillion can't save the euro, but gold is no haven: Prechter
Labels:
Business,
Commodities,
Currencies,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Money,
Mutual Funds,
News,
SPX,
Stocks,
Trading
Friday, May 14, 2010
Mutual Funds Weekly: Gold's rally might not have the Midas touch
Monday, April 26, 2010
Venezuela's Chavez may nationalize gold mines
Venezuela's Chavez may nationalize gold mines at MarketWatch
Labels:
Business,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Mining,
Money,
Mutual Funds,
News
Saturday, April 24, 2010
China's Stock Market ($SSEC) Is No Picnic
China's Stock Market ($SSEC) Is No Picnic, see Daily View chart one and Weekly View chart two at http://stockcharts.com/charts/gallery.html?s=$ssec.
Labels:
Business,
China,
Commodities,
Currencies,
Economy,
ETFs,
Finance,
Gold,
Investing,
Markets,
Money,
Mutual Funds,
News,
SPX,
Stocks,
Trading
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