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Perishabull

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Everything posted by Perishabull

  1. Most of what I own was bought on 16th September 2008 when it was $10.84, that is now looking an absolute steal. In February 2010 at $15.28 I considered buying a silver futures contract to keep and roll over. Boy do I wish I'd done that.
  2. This is a mate of mine, Jack Sims, his band is The Ex-men;
  3. SLW/SLV ratio SLW outperforming SLV ended in early December, almost a textbook head and shoulders (I have SLW puts as a hedge against a silver correction right now)
  4. Definitely CIA. How else could someone tell you to short PMs and buy US treasury bonds and actually mean it - come on !!! He's a bond salesman with a technical analyst's hat on. PS They are printing so many copies of Elliott Wave Principle that it's value is becoming worth less and less (reminds me of something else). Where can I short Prechter? Now there is your deflation
  5. This chart shows the trends of people searching for "gold bullion" or "silver bullion" on Google in the US. It's not so surprising that "silver bullion" is now ahead of gold in search activity given the recent large move up. The news reference volume for silver hasn't increased in the same way, but there does seem to be a developing trend of convergence in press attention between the two, with "silver bullion" moving up towards "gold bullion". If silver continues to increase then I think the trend convergence in news volume will continue, providing fuel for higher prices. What I think we are seeing here is a marked change in perception. Over time silver is moving much closer to gold in terms of being perceived as money.
  6. Presented without comment; PS Ok folks, come on, admit it, which one of you PM'd Romans Holiday telling him not to worry and that "Every cloud has a silver lining" ? That's why he doesn't post here anymore isn't it?
  7. I almost pi**ed myself reading this :lol: :lol: :lol:
  8. Folks, just make sure you don't read this article too early. I read it and thought about selling my physical - glad I didn't so far!
  9. from Zerohedge The Driver For Gold You’re Not Watching
  10. I think silver is going to continue to outperform gold. When the sushi really hits the fan, and the masses swarm to the haven of precious metals, a large proportion will find the cost of gold is out of their reach, this will lead to a frenzy to buy any available silver. This is the factor that I think will accelerate the gold/silver ratio back towards the longer term historic ratio of 16:1.
  11. Oh come on, it's only fair you name names here for the benefit of any lurkers considering investing in some high quality "financial advice". Going short silver is only for the professionals that know what they are doing, like JP Morgan for instance.
  12. I had a buy signal generated on my proprietary indicator for Randgold Resources (GOLD) on 16th February.
  13. Any of you folks follow expected returns blog? The writer is pretty shrewd IMO. It's a gold centric blog with comment on the macro picture, here's the latest. Civil Unrest= Gold Bottom?
  14. Birth of Britain Season 1 Episode 3 of 3 Tony Robinson goes in search of the UK's gold, visiting mines in Wales and Northern Ireland, and trying his hand at panning for the precious metal in Scotland. He also explores the geological events that came together to produce the deposits. Last in the series. Documentary Channel 4 8:00pm-9:00pm (1 hour ) Mon 31 Jan
  15. One for the Jim Sinclair fans, I got a buy signal on my system on 26th January for Tanzanian Royalty Exploration Corporation (TRE) TRE signal chart in black with TRE superimposed in blue There was also a buy generated for Central Fund of Canada Limited (CEF) and ElDorado Gold Corp (EGO) on the same day and a buy on GDX was also signalled on 27th Jan. DYOR
  16. I've been selling put spreads on GDX, I reckon $1300 area makes sense for an interim low. And has anyone noticed that this is page number 1300 of the gold thread. Is this a subtle message from the GEI forum itself?
  17. I don't often post here but may have something of interest. I've developed a system that gives me buy and sell signals and got some interesting ones recently on gold stocks / ETFs. The system shows the underlying stock or ETF in blue with my indicator in black - where a double top or bottom occurs on my indicator, this is either a sell or buy signal. Here are some examples. I've marked out the double tops / bottoms in red and connected the indicator signal point with the corresponding price point on the stock chart. It's a proprietary system I've developed and I think it may be original - I prefer not to post the details of how it works as I've had ideas taken from me in the past that other people have either passed off as their own or simply stolen from me. GoldCorp signals GoldCorp Here are the corresponding buy and sell signals on a standard chart. Buy signal on 25th May, Sell signal on 28th June, and sell signal on 6th December. You can see the signals precisely pinpointed switches in trends in this stock. Barrick Gold Corp signals Barrick Gold Corp Buy signal on 25th August and sell signals on 29th December and 3rd January. Didn't nail the exact points but good signals nonetheless. GDX signals GDX Buy signal 28th July, sell signal on 3rd January. GDX can be seen as a proxy for Gold, the sell signal appearing just prior to the recent sell off in Gold when it was very close to it's all time high. I also had a sell signal on GDXJ on 4th January, similar chart to GDX. Any time I get another gold related buy or sell signal I'll post it here, what are the main gold stocks I should be looking out for? I don't want a huge list just the key ones.
  18. Edited for bad language whilst inebriated.
  19. Nice one Pix, you are quite obviously used to seeing a clear picture of things. Roman, don't bub about silver, I would think when the next crisis comes along margin calls may well cut silver back to a better entry point, $18 may be unrealistic though........
  20. It's a damn shame he doesn't post here any more, now why is that?
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