97% Bulls
#11
Posted 22 November 2009 - 08:53 PM
#12
Posted 23 November 2009 - 06:44 AM
I agree with dharma. There has been a palpable loss of confidence in the US govti believe this is about lack of trust in government. and it will take on a life of its own
all the best
dharma
since the China trip.
The March 2008 top is not relevant.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#13
Posted 23 November 2009 - 10:05 AM
#14
Posted 23 November 2009 - 12:02 PM
#15
Posted 23 November 2009 - 12:31 PM
#16
Posted 25 November 2009 - 09:12 AM
Bull markets are marked by three distinct stages, and when gold climbed above $1,000, it only entered its second stage. In other words, gold has much further to climb in the months and years ahead.
So don’t be misled by what you may hear or read in the mainstream media and even much of the alternative media. After all, how many commentators have correctly identified gold’s bull market, now a decade old?
An old and trusty adage says that bull markets climb a ‘wall of worry’. In gold’s first stage, there seemingly was a lot to worry about.
Gold is now in its second stage, and of course, the worries don’t disappear. They never do because there are always emotional reactions that at first blush offer seemingly plausible reasons for not taking the right action. But there is a notable difference in this stage compared to stage one. Look how many people are writing and talking about gold. Gold has moved from apathy and neglect – stage one characteristics – to growing attention. But importantly, instead of embracing gold and analyzing it to determine relative value, today’s attention is one of widespread disbelief and skepticism that gold can climb higher. These are exactly the responses one should expect to emanate from stage two.
As gold climbs higher, we will eventually enter stage three. The timing of its arrival cannot be predicted, but we will know it has arrived when commentators who have been consistently wrong about gold will be telling everyone willing to listen to buy gold.
http://www.kitco.com..._oct232009.html
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#17
Posted 25 November 2009 - 08:39 PM
Welcome to Stage Two of Gold's Bull Market
Bull markets are marked by three distinct stages, and when gold climbed above $1,000, it only entered its second stage. In other words, gold has much further to climb in the months and years ahead.
So don’t be misled by what you may hear or read in the mainstream media and even much of the alternative media. After all, how many commentators have correctly identified gold’s bull market, now a decade old?
An old and trusty adage says that bull markets climb a ‘wall of worry’. In gold’s first stage, there seemingly was a lot to worry about.
Gold is now in its second stage, and of course, the worries don’t disappear. They never do because there are always emotional reactions that at first blush offer seemingly plausible reasons for not taking the right action. But there is a notable difference in this stage compared to stage one. Look how many people are writing and talking about gold. Gold has moved from apathy and neglect – stage one characteristics – to growing attention. But importantly, instead of embracing gold and analyzing it to determine relative value, today’s attention is one of widespread disbelief and skepticism that gold can climb higher. These are exactly the responses one should expect to emanate from stage two.
As gold climbs higher, we will eventually enter stage three. The timing of its arrival cannot be predicted, but we will know it has arrived when commentators who have been consistently wrong about gold will be telling everyone willing to listen to buy gold.
http://www.kitco.com..._oct232009.html
With 97+% bulls and all the commentators on CNBC recommending gold now and projecting $2,000 - $5,000 or higher, I'm not seeing the widespread disbelief or wall of worry. Some more timing work I've done says gold is most likely topping next week. There may be another high in Jan/Feb timeframe, but that should be the end of this phase, followed by a drop to at least $873 (the 1980 top) and perhaps $650. We'll see soon enough. Longer term I have major turn for gold in 2014. I'm not sure if will mark a high (probably around $3,400) or a low (probably well under a $1,000).
Kimston
#18
Posted 25 November 2009 - 09:43 PM
http://stockcharts.com/h-sc/ui?s=$HUI...amp;a=150421605
Welcome to Stage Two of Gold's Bull Market
Bull markets are marked by three distinct stages, and when gold climbed above $1,000, it only entered its second stage. In other words, gold has much further to climb in the months and years ahead.
So don’t be misled by what you may hear or read in the mainstream media and even much of the alternative media. After all, how many commentators have correctly identified gold’s bull market, now a decade old?
An old and trusty adage says that bull markets climb a ‘wall of worry’. In gold’s first stage, there seemingly was a lot to worry about.
Gold is now in its second stage, and of course, the worries don’t disappear. They never do because there are always emotional reactions that at first blush offer seemingly plausible reasons for not taking the right action. But there is a notable difference in this stage compared to stage one. Look how many people are writing and talking about gold. Gold has moved from apathy and neglect – stage one characteristics – to growing attention. But importantly, instead of embracing gold and analyzing it to determine relative value, today’s attention is one of widespread disbelief and skepticism that gold can climb higher. These are exactly the responses one should expect to emanate from stage two.
As gold climbs higher, we will eventually enter stage three. The timing of its arrival cannot be predicted, but we will know it has arrived when commentators who have been consistently wrong about gold will be telling everyone willing to listen to buy gold.
http://www.kitco.com..._oct232009.html
With 97+% bulls and all the commentators on CNBC recommending gold now and projecting $2,000 - $5,000 or higher, I'm not seeing the widespread disbelief or wall of worry. Some more timing work I've done says gold is most likely topping next week. There may be another high in Jan/Feb timeframe, but that should be the end of this phase, followed by a drop to at least $873 (the 1980 top) and perhaps $650. We'll see soon enough. Longer term I have major turn for gold in 2014. I'm not sure if will mark a high (probably around $3,400) or a low (probably well under a $1,000).
Kimston
#19
Posted 26 November 2009 - 12:12 AM
With 97+% bulls and all the commentators on CNBC recommending gold now and projecting $2,000 - $5,000 or higher, I'm not seeing the widespread disbelief or wall of worry. Some more timing work I've done says gold is most likely topping next week. There may be another high in Jan/Feb timeframe, but that should be the end of this phase, followed by a drop to at least $873 (the 1980 top) and perhaps $650. We'll see soon enough. Longer term I have major turn for gold in 2014. I'm not sure if will mark a high (probably around $3,400) or a low (probably well under a $1,000).
I have a gold low targetted for next summer 900 - 1000. The next gold correction will coincide with a drop in the stock market into the next 18 month lows. Should be a winner.
I tried to email you but no reply.
cheers,
john
#20
Posted 26 November 2009 - 09:25 PM
That wouldnt be unusual. will that give enough time to crash into your low Silent?
hi Kimston,
With 97+% bulls and all the commentators on CNBC recommending gold now and projecting $2,000 - $5,000 or higher, I'm not seeing the widespread disbelief or wall of worry. Some more timing work I've done says gold is most likely topping next week. There may be another high in Jan/Feb timeframe, but that should be the end of this phase, followed by a drop to at least $873 (the 1980 top) and perhaps $650. We'll see soon enough. Longer term I have major turn for gold in 2014. I'm not sure if will mark a high (probably around $3,400) or a low (probably well under a $1,000).
I have a gold low targetted for next summer 900 - 1000. The next gold correction will coincide with a drop in the stock market into the next 18 month lows. Should be a winner.
I tried to email you but no reply.
cheers,
john