37 replies to this topic

[dougie]

Raises: those tricky devils! What will they think of next SenorBS?

[senorBS]

Raises: those tricky devils!
What will they think of next SenorBS?

Senor's BS says that if muy malo news, dos days in a row, can't hammer gold then maybe it's explodomatic norte grande time, we see.

PURE BS

Senor

[dougie]

yes, the news may mark the lows we shall see

[dougie]

but i smell a rat, and its name is deflation scare

[johngeorge]

but i smell a rat, and its name is deflation scare

dougie

I believe we are now in stagflation so one could say deflation regards money supply, but, inflation for what we pay. However, next comes inflation with a vengeance. Gold is and will be the place to be through it all.

[senorBS]

but i smell a rat, and its name is deflation scare

For now I am in slow and gradual accumulation mode, only 20% long.

BSing away

Senor

[senorBS]

now up to 1/3 long. Senor

[dharma]

if the past is any guide volker continually raised rates. imho, its an admission by the fed that inflation is higher than their rates. in the 78-80 period, when i began my career, the fed raised rates continually and gold went higher. and now, w/massive deficits to attract funds to finance the shortcomings they will raise rates. this is not positive for the economy. raising rates, if they can help it could be short lived, for now the fireworks for gold start in march. raising rates imf announcement and gold holds its ground/even gains a little dharma

Edited by dharma, 19 February 2010 - 11:00 AM.

[dougie]

well too my poor eyes this looks like it is bull flagging...
http://stockcharts.com/h-sc/ui?s=$GOL...amp;a=168284502

Edited by dougie, 19 February 2010 - 11:36 AM.

[senorBS]

RGLD trading bueno today amigo Dougie. Senor