CIGA

http://www.starships.com/Music/Streaming/R...Take_Off_sm.aif

let's hope this is lift off from the bottom! http://www.starships.com/Music/Streaming/buzz_sm.aif

The KEY here is not to get 'religious' on this. Folks we need to analyze what is going on scientifically. Scientifically I see hell on earth. Gold and Silver are dying a death and noone can give a reason why. LOL Not even Jim Sinclair can explain this hell - he has banned trader dan from posting the technical massacre. 800 is current support. We are touching or DROPPING below a 300dma which has not been seen for years. Either this is THE bargain of the century or the financial world has gone crazy. Recommendation: Fundamentals in tact smokescreen blood on streets back up the truck BUY GOLD BUY SILVER Now. I am seriously thinking of releasing my 6 ISA's right now one .. by .. one.

Markets are 90% psychological 10% logical Don't be in that 90%, think logically - Gold and Silver have very very strong fundamentals. Hold tight, this bull doesn't want anyone along for the ride and will try anything to push you off.

Someone please tell me WTF is propping up the dollar?

I feel sick, I think percentage wise this is the furthest gold has ever dropped below the 200dma since 2001. http://www.kitco.com/charts/popup/au24hr3day.html

For those losing their heads or worried or losing confidence. Please take a note from Jesse Livemore "It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon." We are in a BULL MARKET, the PRIMARY TREND is up. Everything else is noise. Sit tight and know and be sure you are in a precious metals bull market where the primary trend is up - and believe me we are in one hell of a bull, some are calling this as the mother of all bull markets when we consider the amount of paper floating around and the problems associated with it. Sit wait and be calm - you are one of the earlier entrants and will eventually make the biggest rewards. I am down about 35% on my juniors but up about 20% on my physical. I have bought more at this dip and will continue at any dip as long as the fundamentals stay in tact. You have got to believe and be sure we are in a precious metals bull market - still the early stages, institutional investors aren't even in properly yet.

Is Gold Chasing the 885 - 910 gap? That also looks like a head and shoulder pattern to me. Gold at 885? Maybe. To those looking for a bottom to buy in or MMM and RRRR ing. What would Jesse Livermore say about whether or not to buy? The top and bottom 5% are the most expensive. Do not try and reach them before making a decison. Gold and Silver are Cheap Now. Buy Now. Buy More if it drops more. When gold turns it can happen quickly and violently leaving you still looking for the bottom.

Never take anything for granted. Gold and silver bulls were banging on about silver never seeing the 12's again in early 2007, silver dipped heavily and into the 11's in July 07. This however was the ultimate gift as silver soared from there to the 20's. Lesson - always have some spare dry power to spend in the sales.

SPPPOOOOKKKKYYYYY That figure $9308/oz is very very close to the Dr Bubb X10 Theory.

AS LONG AS THE FUNDAMENTALS stay in tact gold will rise in double digits EVERY YEAR. Look at zimbabwe and price gold in their currency to understand why.

I can't see 850-60 (the 200dma is at around 880 right?) If I see 860 it will be a back the truck up/sell all worldly goods and buy gold/silver moment.

$875 is the 200dma never forget the 200dma in this gold bull run and never forsake its power to attract gold back to it.

It's very funny/weird every time gold approaches 1000 or rises dramatically kitco is on its knees. Any major fall and kitco is quicker than it has ever been.

Gold is money switched to INO and boycotteed kitco http://quotes.ino.com/chart/?s=FOREX_XAUUSDO&t=f

you've saved yourself a beating.

I don't think GS is worried about that and neither should he be either. They key to silver IMO is the exit, the exit must happen prior to the quick and violent descent but not too early otherwise one will miss the quick and violent ascent.

935 not gonna be easy but any move past it and gold is clear all the way to 950.

Maybe, This rise has been sharp and fast, maybe too sharp and fast. I have some dry powder but am not buying into this rally, I'm a tad P'd off as I wanted so badly to buy at 16.60 silver last week but no money - missed it DRAT! If there is a pullback look at numbers around 917, 908, 890/895, 875. I can't imagine 875 with all the bullish news at the moment but it's always possible when you have A PPT. 917/915 may be the pullback target. That's where gold broke out of an inverted head and shoulder pattern. Good Luck!

Bubb, Any chance when new threads are created to replace last months there is a link to the previous thread in the first post?

Jim has stated clearly the creamy filling isn't as creamy as he originally thought and the dark outer layer later this year may be a lot darker than he expected. Re: tim wood, so funny he pretty much gave up this week - 'sorry i don't know, I havent got a clue.'

They are stuck between fire and ice. RE: the dissenter - call me synical but I got the feeling this was staged for pure spin.

Or at 1200 or not at all? Jim Sinclair says sell a third at the top of a rhino horn and buy back at the bottom of a fishing line for long term investors.

Great Post! Thanks

Pardon me if this is not your strategy marceau, but just to clarify. Many investors that target a single sector like precious metals adopt a core/satelite strategy. The core holding is the rigid solid part of the investment, in gold you would call it the physical itself and maybe a few majors like newmont. You can then enter positions in more risky areas like junior miners/options etc, these 'satelites' consume a considerably lesser proportion of the portfolio but offer high risk/rewards.