Gold Not Getting Killed!!!

[metalman]

in honor of mega...

[LargoWinch]

Re: Gold Not Getting Killed!!!

I Love You guys
W.

[TRake]

Re: Gold Not Getting Killed!!!

I have chosen poorly. I went with GDX for the dividend and it has not performed this week. I have this nagging suspicion that there may be something wrong with one or some of the miners. This is simply a gut instinct and any comments on the miners are welcomed.

TRake

[plinko]

Re: Gold Not Getting Killed!!!

I thought about making this thread (with the same title!) yesterday. Hah.

[globaleconomicollaps]

Re: Gold Not Getting Killed!!!

in honor of mega...

Those of you who bought gold 12 months ago can rest comfortably in the knowledge that you have only lost 3% of your money compared to people who kept their money in the bank.

as for me, I subscribe to the "buy when the blue line hits the red line" theory

[jtabeb]

Re: Gold Not Getting Killed!!!

Those of you who bought gold 12 months ago can rest comfortably in the knowledge that you have only lost 3% of your money compared to people who kept their money in the bank.

as for me, I subscribe to the "buy when the blue line hits the red line" theory

Well I subscribe to the "buy when I have cash" theory. Works very well, if I do say so myself.

[LargoWinch]

Re: Gold Not Getting Killed!!!

Those of you who bought gold 12 months ago can rest comfortably in the knowledge that you have only lost 3% of your money compared to people who kept their money in the bank.

Those of you who did not buy gold 12 months ago, you can rest comfortably in the knowledge that your 0% money in the bank can no longer allow you to buy physical gold unless you are prepared to pay a much higher premium than 3%.

[rachits]

Re: Gold Not Getting Killed!!!

Re: Gold Not Getting Killed!!!

in honor of mega...

Great, now you jinxed it. Whenever Mega posts that, gold goes up 2-3% the next day.

Now its going to drop like a rock.

[rjwjr]

Re: Gold Not Getting Killed!!!

I have chosen poorly. I went with GDX for the dividend and it has not performed this week. I have this nagging suspicion that there may be something wrong with one or some of the miners. This is simply a gut instinct and any comments on the miners are welcomed.

TRake

Run, Forrest, Run.

The iTulip suggestion is to avoid the mining stocks.

[The Outback Oracle]

Re: Gold Not Getting Killed!!!

Run, Forrest, Run.

The iTulip suggestion is to avoid the mining stocks.

Yeah! I sold some today...and 2 hours later they were up by 10%. (I did make a tidy little profit out of the deal in a few weeks) Interesting though the particular company has a resource in the Phillipines, Copper, Gold, and Molybdenum...massive. $5.2 Billion capital requird to set it up!!! I decided it was not going to happen anytime soon! Except...it would suit the Chinese just damned peachy!!! I wonder whether I have done the right thing! Time will tell.

[Guest]

Re: Gold Not Getting Killed!!!

The amount of brassy sounding, trumpeting racket you make over a one week trend in the gold price is a wonder to behold Metalmensch.

Is this comment serious? What does it even purport to mean? A one week jigger or zig zag in the gold price and Metalman sounds off the horns like he's having a Paul Revere moment.

What's your call on alt energy Metalsage? Is it going up? Is it going down? Make the call. won't go anywhere, right? Where will the uranium shares be a year from now? iTulip's most recent macro guidance (per a couple or three weeks ago) was that we would have a "multi year depression", which duly got a lot of heads to nodding and wagging in agreement.

So it appears Metalmensch, you can safetly bet here that alt energy is a dog of an asset group for the next twelve months?

Make the bold call here Mr. Expansive! Here, I'll make it easy for you. You think any fizzle in this market is bunk, so back that with a committed forecast. You say alt-energy, specially the uranium shares will be lower in a year? I'll give you all the easy odds there fella.

I'll say the uranium shares will be two or three hundred percent higher in a year than they are now *minimum*. Wanna pick up some easy "iTulip pundit" money here? Well it should be a cakewalk - according to you the entire alt-energy sector will be dead as a doornail in a year's time, right? The market is sick, at death's door - so it should be a nice safe and easy bet for you to take the other side of. With trycicle wheels on it for you! What's not to like about those odds, eh Metalmensch?

Meanwile as you wait to discover how right your astute calls are going to be, why don't you hang your brassy, sedentary arse out the window on this call for some general accountability? That way I can better percieve what your more specific calls amount to, while I also peer through the thick haze of contentious jeering that characterizes so much of your commentary?

Do you need 24 hours to do the one thousandth re-read of all the iTulip scripted scenarios to get your bearings here? No problem. Take a couple of days, or a week, to collect and re-read all your "scripted scenarios" and then make the call.

Meanwhile, will gold get killed? Will gold not get killed? Who knows! But we can cling with great consolation to the reassurance, that we will have the benefit of Metalman's weekly intelligence update, gleaned firmly from rear-view-mirror gazing at past iTulip editorials of whatever last month's established marketvane wisdom was, and likely delivered with all the subdued modesty and careful reflection of a brass band oompah-ing down Bourbon Street.

Take the other side of this bet Metalfatigue. You'be been sounding off here (with quite remarkable stridor) for many, many months on the stupidity of anyone who may call for some segments of the market to spend the next couple of years making significant bullish moves. Let's see how gracefully, and more to the point *honestly* you may a year later acknowledge a highly specific call you made, which turned out to be flat wrong. You know, those calls with no "wiggle room"? :rolleyes:

Lord knows admitting just once to having totally flubbed a call would do your personality a favor. Throttle back some of that strident "binary" absolutist excreta which you like to indulge.

[The Outback Oracle]

Re: Gold Not Getting Killed!!!

Bloody Agro b.....d

[pwcmba]

Re: Gold Not Getting Killed!!!

I LOVE YOU GUYS!

[stockman]

Re: Gold Not Getting Killed!!!

Stocks acting tired, metals catch a bid. For those long stocks... that offers a hedge.

SBS (See Both Sides)


GLD NYA 042309.png

SLV NYA 042309.png

TLT NYA 042309.png

[nero3]

Re: Gold Not Getting Killed!!!

Stocks acting tired, metals catch a bid. For those long stocks... that offers a hedge.

There are some days before that have been like this, that gold get strong early in the session, then later stocks come back, and gold fade somewhat, not saying that's what will happen now. There was several of those days after march last year. I'm really curious to see if Gold can mount a break out, sort of like the NASDAQ after late 98, or if it will pull back as the economy refresh itself.