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gold is down....


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#1 A-ha

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Posted 25 February 2008 - 01:39 PM

and its gonna be down a lot more soon....

simply omnipotent !

#2 Wavetimer

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Posted 25 February 2008 - 02:15 PM

and its gonna be down a lot more soon....

simply omnipotent !

WE ARE SEEING THE LAST DAYS OF WORLDWIDE INFLATION BLOWOFF OUR GROUP IS BUYING PUTS ON DBA TODAY AND STILLWATER MINING AS WELL AS POT MOS , THE WHEAT AND GRAINS BLOWOFF ISLIKE THAT OF PLATINUM AS WAS IN SILVER IN JAN OF 1980 WE SEE A MAJOR CRASH ONLY DAYS AWAY IN INFLATION SECTORS AND FINAL LOWS IN AAPL INTO 104 AND GOOG MAYBE DOWN TO 467 OR SO WE HAVE BEEN BUYING NYC MUNI BONDS ON PORT FOR LONG TERM ADDING MORE GS CALLS TODAY AND MS THE MDY ISSHOWING US THAT THE DOWNSIDE ON US STOCK IS AT HAND AND A NEW BULL MARKET IS READY TO START

#3 arbman

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Posted 25 February 2008 - 03:52 PM

What do you think about the LT rates? lower?

#4 bob4

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Posted 25 February 2008 - 04:01 PM

"A NEW BULL MARKET IS READY TO START" You are in for a big surprise :)

#5 isaac613

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Posted 25 February 2008 - 04:13 PM

Hey Atilla, What do you think about shorting pot here. Looks like it needs to come down like 15% 20% to me? Thanks.

#6 cgnx

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Posted 25 February 2008 - 04:21 PM

Gold down? You are way off base dude. Gold has got a lot of catching up to do. Watch and learn. Inflation as far as gold price goes is not even in the equation. When gold goes over $3000 an ounce then we start the inflation talk with meaning behind it. ;)
If it can be cornered, it will.

#7 arbman

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Posted 25 February 2008 - 05:01 PM

All the gold is saying that there is enough liquidity created since last winter and the market is kind of supporting itself even though there isn't much growth at the moment. If the growth doesn't turn, the next liquidity pump will probably collapse the Treasuries first than the equities, or both. The commodities had a tremendous blow off, they might do more than a pull back. If the commodities do not find support below the last month's lows generally, it might help the equities for a while since I would think the growth would benefit better, however, any uptick in the commodities will not be friendly to the Treasuries and without the treasuries the equities will not go far. The equities need low rates to advance, or keep the commodity prices balanced... I think the biggest risk is in the Treasuries this year since the growth is low and the debt is huge and more needed...

#8 jack

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Posted 25 February 2008 - 05:27 PM

I think the biggest risk is in the Treasuries this year since the growth is low and the debt is huge and more needed...


Right or wrong that makes much sense... in one line too :)

#9 Cirrus

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Posted 25 February 2008 - 05:29 PM

and its gonna be down a lot more soon....

simply omnipotent !

WE ARE SEEING THE LAST DAYS OF WORLDWIDE INFLATION BLOWOFF OUR GROUP IS BUYING PUTS ON DBA TODAY AND STILLWATER MINING AS WELL AS POT MOS , THE WHEAT AND GRAINS BLOWOFF ISLIKE THAT OF PLATINUM AS WAS IN SILVER IN JAN OF 1980 WE SEE A MAJOR CRASH ONLY DAYS AWAY IN INFLATION SECTORS AND FINAL LOWS IN AAPL INTO 104 AND GOOG MAYBE DOWN TO 467 OR SO WE HAVE BEEN BUYING NYC MUNI BONDS ON PORT FOR LONG TERM ADDING MORE GS CALLS TODAY AND MS THE MDY ISSHOWING US THAT THE DOWNSIDE ON US STOCK IS AT HAND AND A NEW BULL MARKET IS READY TO START


Yup,

Wheat has no business trading up here since US wheat inventories are nearing 60 year lows. I wonder what world inventory levels are considering US is a major wheat exporter.

There's a reason wheat prices have "run up". TA is good but people need to look at the forest. It seems everyone is using TA these days. At least work down from the monthly charts. Commodities may be near an IT top but the LT charts look ridiculously bullish.

#10 marco

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Posted 25 February 2008 - 06:06 PM

and its gonna be down a lot more soon....

simply omnipotent !


Any comments on the gold miners?