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kernull

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Posts posted by kernull

  4. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    Up 20 dollars today

     

     

    gold is going to be in a secular "day traders market" now. It is like :

    1. rallied from 15 to 20 bucks?

    2. short it.

    3. dropped 20 to 30 bucks?

    4. cover

    5. go to step 1 until 3 to 4 years pass

     

    no money for investors but a lot of points for scalpers

  6. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    i always suspected that, but now i see i am not the only one:

     

    "In Bernstein's view, people who advocated the gold standard were "deluded," "intoxicated," "obsessed," and "haunted." He contends that the gold standard was "primitive" and the result of "cupidity and stupidity." Not only does he believe that gold is not useful for anything save adornment, but that dire political and social consequences result from its use as money."

    http://www.fame.org/HTM/Book%20Review%20Th...20Bernstein.htm

     

    sure will be interesting to read. i also believe that who think we are going to be on gold standard some day are going to be very disappointed. what gold bugs miss to see is that the FOREX system is already a back bone for unified currency system, it just needs to evolve enough to be connected to all the banks and all credit/debit cards of all the citizens in the world. In 20 or 30 year from now, we could have it done and all the hopes for gold standard will be dead completely.

    Also gold bugs miss that human specie is evolving into a new specie and in 100 years from now we probably will be able to create,destroy or convert the matter as we want to. Somebody said gold was a 5000 years bubble, i bet it is. A barbaric relic that you will see in a museum 200 from now. And if you think you aren't going to live by that time you could be very wrong. A trend in inmortality has already started and it is now your decision how long you will live, but some folks still want to deny the advances of thechnology, digging the ground is the only future they see.

  7. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    So much time and effort spent on alchemy. If the sum of all human wisdom, fear, greed and stupidity was factored in with black-swan events and ponzi-scheme economics then integrated with market manipulation (allegedly) and that equation is represented by a squiggly line, I would love to meet the person that can figure out where the line will be on three consecutive Wednesdays.

     

    i am only sharing my work to open the eyes of people who has them closed, i do not pretend to cure blind people who are inverting fundamentals to support they buys. you are gold bug, fine, i know you will die holding your longs.

     

    and if i was wrong for years, i am not going to give up because of that, the thing had deteriorating technicals for years too, it is a matter of time before the greed and stupidity of gold bugs will punish them, just like Walstreet, i see no difference absolutely.

  8. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    hey folks, i wrote this article on SA

    it is not in the GOLD category because guidelines of SA do not allow publish strictly TA articles on the main page. So, if you want to help me to redistribute it , please be my guest, i am also promoting it.

    Basicaly, the idea is that i found a potential long term Head & Shoulder pattern, still to be completed of course, but it looks very convincing. Check it out.

     

    http://seekingalpha.com/instablog/481054-k...bears-long-term

  12. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    Gold is now looking expensive as people have less and less money - I really can't see gold doing much next year with inflation falling. Until all the extra money that governments are printing finds it's way into the wider economy and inflation concerns grow once again then I think there is little to propel gold higher over the next 12-18 months. This current rise may be the last - if stocks rally from here then that is where the money will go and not into gold, although I think it will go higher till about early/mid February.

     

    was reviewing support/resistanced today on the monthly, the real support , well-well traded between 400-450, and 550 is good psychological level, but was traded very briefly, so, i think we might hit it in 2010 and this would be a false breakdown below the 500 level and so, the final bottom

  19. SILVER

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    gimme a break!!!!!!!!!!!!!!!

     

    ker has been reading all the threads, and acts dumb, he does not know what is being said about him??????????????????????????

     

    if he DOESN'T, cannot read the simple signs, what sprt of t/a analyst is he, other than a paid one???

     

    if his t/a worlks at all he wd be raking it in, not posting on dozens of goldbug friendyt formus

     

     

     

     

    lmao :lol:

     

    total fraud

     

    i have no idea what the crowd is talking about me and i don't care, i can only read breifly last posts, my time is too precious to spend it so lame. so don't expect me to reply to your comments.

    that chart pixel posted , he will get it in real price, the trend just started

  20. GOLD

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    The problem is that I really dont understand how you draw your channels...

     

    you find a strong trendline in time, then you draw a parallel line to the side where prices seem to match the channel boundary, this is totally arbitrary. you can have a lot of diagonal channels in a chart, depends on your imagination only. technical analysis is an art, there are no _fixed_ rules here, and my views are only for sharing ideas, you don't have to believe what I chart.

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