Gold and Silver soaring, Dow Jones back over 18K for all the worng reasons, US economy slowing down (purchase, sell)

[C2BP]

Originally Posted by mathjak107

gold , silver and oil can be so volatile that in a blink of an eye you can plunge a lot even before you can react . just this week oil fell 8% .

Look for incredible gains in the next two years. Gold will break the 2011 highs.

[IDtheftV]

Originally Posted by C2BP

Look for incredible gains in the next two years. Gold will break the 2011 highs.

What will you do if it goes to $1,150 before it goes to $1,950?

We can all agree that from Nov 2000 to Sep 2011, the gold run-up from $265 to $1,895 was just swell.

However, during that period ( ignoring the period from 03/19/08 to 10/27/08 for obvious reasons, the price of gold and the gold stocks went down significantly on these following occasions:

Ten-day performance of gold ( 2nd column ) and GDX ( 3rd column ):

06/04/01 .. (0.0850) .. (0.1136)
10/22/01 .. (0.0547) .. (0.0983)
07/29/02 .. (0.0502) .. (0.1814)
10/08/02 .. (0.0224) .. (0.1683)
03/12/03 .. (0.0477) .. (0.1060)
10/06/03 .. (0.0368) .. (0.0773)
01/19/04 .. (0.0357) .. (0.1274)
04/21/04 .. (0.0648) .. (0.1443)
06/14/04 .. (0.0269) .. (0.1005)
12/10/04 .. (0.0377) .. (0.1050)
02/15/06 .. (0.0584) .. (0.1274)
05/24/06 .. (0.1020) .. (0.1944)
09/19/06 .. (0.0868) .. (0.1761)
03/05/07 .. (0.0507) .. (0.0981)
08/16/07 .. (0.0060) .. (0.1336)
11/19/07 .. (0.0322) .. (0.0988)
.............................................
11/19/08 ... 0.0109 ... (0.2081)
01/14/09 .. (0.0555) .. (0.1677)
04/09/09 .. (0.0616) .. (0.1434)
06/16/09 .. (0.0469) .. (0.1387)
10/01/09 .. (0.0135) .. (0.0988)
12/17/09 .. (0.0759) .. (0.1556)
01/25/10 .. (0.0501) .. (0.1391)
01/14/11 .. (0.0307) .. (0.1072)
05/13/11 .. (0.0194) .. (0.1285)

Note that these downturns came in waves. I ignored where it was down in June, July, and August, for instance. It might show down 7.65% ( 0.0765 ), but it might have gone down 20-30% over a four or five week period.

These periods made gold bugs cry like babies. People trying to catch the gold wave were crying like babies. Those that just bought a coin or two and put them in the vault and ignored the fluctuations were fine.

If you were agnostic, you could make money off of the bugs by buying Puts into the final blowoffs. You only have to be right 55-or-so percent of the time. Then, after it dumped 15-20%, you could buy Calls.

This time isn't different. We are going to have weeks of carnage for gold buyers. It might be next week and it might be next month, but you can bank on it.

What's your strategy See-Two-Bee-Pee when gold takes a 10% dump and the stocks take a beating that is almost 5x the drop in gold? That's the average difference above.

Gloating is unbecoming and weenie-like. Will you come on here and say how much you like your gold stock when it's off 25%? It's gonna happen. This time isn't different. It might go up later, but do you have the nads to stay in it for a couple of months?

I'm sure not going to say how much I like my Puts and I'm sure not going to tell anyone what I'm trading and selling and buying. No one cares. Ever.

[leastprime]

Please, Curmudgeon,
I got ~0.2 of ounce of gold (200sh IAU) as a spec play.

[IDtheftV]

Originally Posted by leastprime

Please, Curmudgeon,
I got ~0.2 of ounce of gold (200sh IAU) as a spec play.

Wouldn't that be 2.0 ounces? Each sh of IAU is 1/100th ounce, right?
( for GLD, it's 1/10th )

I'm just saying that if it's a bull market, there are many many months where the price doesn't go up.

If it's still a bear market, then it's worse.

The pumpers pump the hardest right about the time gold rolls over. I think it's some kind of natural law or something.

Even if we put in a bottom last Dec-Jan period, then gold could still be unchanged this time next year before it starts doubling and doubling.

[C2BP]

Originally Posted by IDtheftV

What will you do if it goes to $1,150 before it goes to $1,950?

We can all agree that from Nov 2000 to Sep 2011, the gold run-up from $265 to $1,895 was just swell.

However, during that period ( ignoring the period from 03/19/08 to 10/27/08 for obvious reasons, the price of gold and the gold stocks went down significantly on these following occasions:

Ten-day performance of gold ( 2nd column ) and GDX ( 3rd column ):

06/04/01 .. (0.0850) .. (0.1136)
10/22/01 .. (0.0547) .. (0.0983)
07/29/02 .. (0.0502) .. (0.1814)
10/08/02 .. (0.0224) .. (0.1683)
03/12/03 .. (0.0477) .. (0.1060)
10/06/03 .. (0.0368) .. (0.0773)
01/19/04 .. (0.0357) .. (0.1274)
04/21/04 .. (0.0648) .. (0.1443)
06/14/04 .. (0.0269) .. (0.1005)
12/10/04 .. (0.0377) .. (0.1050)
02/15/06 .. (0.0584) .. (0.1274)
05/24/06 .. (0.1020) .. (0.1944)
09/19/06 .. (0.0868) .. (0.1761)
03/05/07 .. (0.0507) .. (0.0981)
08/16/07 .. (0.0060) .. (0.1336)
11/19/07 .. (0.0322) .. (0.0988)
.............................................
11/19/08 ... 0.0109 ... (0.2081)
01/14/09 .. (0.0555) .. (0.1677)
04/09/09 .. (0.0616) .. (0.1434)
06/16/09 .. (0.0469) .. (0.1387)
10/01/09 .. (0.0135) .. (0.0988)
12/17/09 .. (0.0759) .. (0.1556)
01/25/10 .. (0.0501) .. (0.1391)
01/14/11 .. (0.0307) .. (0.1072)
05/13/11 .. (0.0194) .. (0.1285)

Note that these downturns came in waves. I ignored where it was down in June, July, and August, for instance. It might show down 7.65% ( 0.0765 ), but it might have gone down 20-30% over a four or five week period.

These periods made gold bugs cry like babies. People trying to catch the gold wave were crying like babies. Those that just bought a coin or two and put them in the vault and ignored the fluctuations were fine.

If you were agnostic, you could make money off of the bugs by buying Puts into the final blowoffs. You only have to be right 55-or-so percent of the time. Then, after it dumped 15-20%, you could buy Calls.

This time isn't different. We are going to have weeks of carnage for gold buyers. It might be next week and it might be next month, but you can bank on it.

What's your strategy See-Two-Bee-Pee when gold takes a 10% dump and the stocks take a beating that is almost 5x the drop in gold? That's the average difference above.

Gloating is unbecoming and weenie-like. Will you come on here and say how much you like your gold stock when it's off 25%? It's gonna happen. This time isn't different. It might go up later, but do you have the nads to stay in it for a couple of months?

I'm sure not going to say how much I like my Puts and I'm sure not going to tell anyone what I'm trading and selling and buying. No one cares. Ever.

Gold and silver have two/three more years to fly. You should buy and hold gold for the next two/three years and then be short gold in 2019. That will be the end. Begin shorting gold in 2019. But, for now, buy gold and silver.

Nothing goes up in a straight line and every sell off in Gold and Silver should be an opportunity to buy or add to your existing positions.

Fly me to the Moon baby . Up, Up and Up for the next two/three years. Gold bugs will have the last laugh folks.

[mathjak107]

And if not then we will have the last laugh at you. But we doubt you will still be here.

[leastprime]

Originally Posted by IDtheftV

Wouldn't that be 2.0 ounces? Each sh of IAU is 1/100th ounce, right?
( for GLD, it's 1/10th )

I'm just saying that if it's a bull market, there are many many months where the price doesn't go up.

If it's still a bear market, then it's worse.

The pumpers pump the hardest right about the time gold rolls over. I think it's some kind of natural law or something.

Even if we put in a bottom last Dec-Jan period, then gold could still be unchanged this time next year before it starts doubling and doubling.

2oz.
The quantity is small in our Discretionary portfolio. target sell is +10% if this is a stock holding, providing the rest of the economy is OK. I am not going to lose or make much money on this trade.
It's really just an indicator to me. I do know it's not going to pennies like my SUNE.

[C2BP]

Originally Posted by mathjak107

And if not then we will have the last laugh at you. But we doubt you will still be here.

On April 21st I told you;

"Do not sell your GLD, add more!!!!"

GLD closed @ $130 on Friday .

The Fed is copying Japan. We are going just like Japan's market versus gold. Look at the Yen or their stock market to gold and you will see why for Japanese, gold was a great investment and why it may be a great investment if we keep trying to copy Japan into our own lost generation, lost decade after decade, no growth infinite government debt hole.

The question is, besides Yellen being heavily into the socialist managed economy garbage, why are we purposely copying the Japanese failed economy? If indeed Yellen is a socialist, it would make sense. This is a great way to bring low or destroy America's free market capitalism.

Maybe she is following Nikita Khrushchev's wish, “We do not have to invade the United States, we will destroy you from within.”

Anti-Capitalists have hijacked our country!!!!!!!

[mathjak107]

Well you were wrong about telling me not sell my gld since then because i made more money trading in and out of kmi since then . I have since been out of gld and kmi multiple times and kmi is a head in my trades.

[IDtheftV]

Originally Posted by mathjak107

Well you were wrong ....

I think that people should stop responding to this poster. It is either an obvious trolling exercise or the result of some really good drugs ( that I wish I had ).

Some examples just from this 4th page:

Originally Posted by C2BP

Ha ha ha...........I'm laughing all the way to the bank . This thread will remind you all how well I have timed gold and silver bull market for the next two years. Who said you can't time the market

Originally Posted by C2BP

I sold all gold and silver stocks back in 2011 when my self developed trading system told me to SELL. I waited 5 years for confirmed BUY signal and it finally happend in March. Gold and Silver started to rally in January but I waited until I got the buy signal.

Originally Posted by C2BP

You should buy and hold gold for the next two/three years and then be short gold in 2019. That will be the end. Begin shorting gold in 2019.

Originally Posted by C2BP

Fly me to the Moon baby . Up, Up and Up for the next two/three years. Gold bugs will have the last laugh folks.

Originally Posted by C2BP

The question is, besides Yellen being heavily into the socialist managed economy garbage, why are we purposely copying the Japanese failed economy? If indeed Yellen is a socialist, it would make sense.

Originally Posted by C2BP

Maybe she is following Nikita Khrushchev's wish, “We do not have to invade the United States, we will destroy you from within.”

Delusions about playing the market like a fiddle, predicting the exact behavior of a tradable asset three years out ... we've been had.