5 replies to this topic

[blustar]

I think that the commercial shorts will win the battle here short term. Late last March they lightened up their shorts at the bottom. I don't see that here. It looks more like a top. The bear/bull battle will be won by a sharp bear market rally in the dollar, methinks, which will knock the steam out of the bulls and set up the next advance. Right now the bulls are throwing everything they have at it. When they throw in their last wad of cash soon, the battle will be over and the bear will turn the bull over on his back with the help of a rising dollar and bond market.

[mss]

Why do you think the dollar will rise?

[blustar]

It's oversold and the e-wave and cycles say its right for it to do so. It will be a fierce bear rally, the C Wave up of a flat bear flag. blustar

[fib_1618]

I have come to suspect that the POG is manipulated. If there is a big rally, or a big selloff, it usually starts around lunchtime in NY. Recently, on Columbus day, a sell-off started at about 11:30 and by 2:00 the POG was down by about $5. If you wanted to have maximum impact on the market, what better time and date

The reason for this is that London Gold closes at 12:00 New York time - and from that you will generally see a shift in money flow based on the PM fixing.

A simplistic answer to your observation, but it's worth noting.

And generally speaking, gold will continue to churn higher as long as there is too much money in the system for it to be absorbed by the other various financial vehicles that are out there.

In other words - with the Fed still looking at deflation and not inflation as being an economic problem - the price of gold will continue to move higher and higher - and probably in spite of the technicals that maybe apparant at this time.

And, yes, the dollar continues to show monthly bull divergence. But this doesn't mean that the dollar will rally right this second.

It also means that gold doesn't need to have the dollar to continue to decline for the price of gold to continue higher as well.

Trade the pattern - not the noise.

Fib

[goldsmith]

The mass of Gold and PM stocks is tiny;
the acceleration in CALVF Precious Metal could be very dramatic..

PLATINUM Last trade 758 Change +10.00

http://quotes.ino.co...s=FOREX_XPTUSDO

http://ichart.yahoo....y&l=off&z=l&q=l

to ride with the winner..

* History Often Repeat Itself...
* Last time CALVF was about $0.20/sh in 1993,
* the Gold was about $330 and the Gold moved
* to about $420/oz
* and CALVF to above $8.00/sh...
* CALVF TA in eruption mode...

http://ichart.yahoo....my&l=on&z=l&q=l

Note...

1. In 1996 CALVF carried at debt of more than $40 million
compared to about debtfree today...

2. In 1996 CALVF had not discovered or owned any of the
Goedgevonden pipe was diamondiferous, and sufficient gem quality diamonds were recovered to warrant a larger bulk sample.
or the Syferfontein kimberlite pipes
that is also diamondiferous kimberlite pipes
http://www.caledonia....com/dia_lg.jpg

3. In 1996 the largest Platinum Mine in the world owned
by AngloPlat. had not informed CALVF that their
Platinum Orebody structure continued in on the CALVF
mining properties...
http://www.caledonia...om/prp_roo.html

4. In 1996 CALVF did not own the Gold Mines in Congo
or the large diamond properties JV-pazrtner BHP has
spent more than $8 million and continue because
their dicoveries warrant more exploration / development
and few diamondfields have been discovered in Zambia...

http://www.caledonia...om/dia_kas.html

http://www.caledonia...om/dia_mul.html

5. The above stated additions to CALVF large PM mining
properties holdings are only a few ex. of what has been
added to the CALVF asset holdings since 1996 when the
share price was above $8.00/sh...

...to ride with the CALVF winner...

The Gold shares are only getting to the launch pad.

Lift off and rocket ride still to come.

GOT TO BE IN IT TO WIN IT!

Some resistance at 400 but very clear free sailing...

http://futures.tradi....com/chart/GD/M

SPOT GOLD $386.50/oz

Gold the investment Safehaven in the future:

Compare MSFT, DELL, IBM, GG to CALVF
Great Gold Mines...

http://ichart.yahoo....y&l=off&z=l&q=l

Compare ABX, PDG, KGC, NEM and CALVF
Great Gold Mines...

http://finance.yahoo...x&l=off&z=l&q=l

DD to do Compare the preformance...

http://ichart.yahoo.....ob,pdg&a=v&p=s

http://ichart.yahoo.....ob,glg&a=v&p=s

http://ichart.yahoo.....ob,kgc&a=v&p=s

http://ichart.yahoo....b,drooy&a=v&p=s

BTW. Calvf - START time to GO back UP*^^^^^
CALVF, Repeat The *Mirror Reflextion of 1993 -94^^^^

http://ichart.yahoo....my&l=on&z=l&q=l

http://quotes.ino.co...=15&a=50&v=dmax

Gold BreakOUT*^^^^^
http://futures.tradi...com/chart/GD/C3

GOT TO BE IN IT TO WIN IT!

CALVF Minefinder for the Future*^^^^^
http://www.caledoniamining.com
Imo. Tia.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)


[B]