DoctorSolar

A family member has asked if buying a small position in the vix (VXX) would be a good way of protecting their long position in Silver Wheaton. Any thoughts?

But apparently silver is utterly useless http://www.greaterfool.ca/2010/11/04/monetary-hacking/ I think our man Garth is proving himself to be perhaps the greatest fool of them all.

Hey Carlton I've made a bunch of mistakes like that as have most other folks. Very refreshing to see someone admit as much openly. Much respect for that.

Sorry folks make that a $1.41 entry fee! Any of you guys still on board this thing? I'm riding my free shares having taken back my stake plus profit in the 2.10 area.

Well apparently we had the triple top on September 10th but sadly we ran immediately straight up! http://www.neuralnetwriter.cylo42.com/node/3475

As a down payment for his "I'm a US housing bull" t-shirt?

That would be our man Big Tommy O. The WORLDS NUMBER ONE gold market timer who sold ALL his gold at 1236 and "piped" his followers out too.

Does this missive from a former GEI regular help? http://seekingalpha.com/instablog/481054-k...o-short-to-1050

Make that $1.31. Yessssssssss!!!!!! Looks like we are certainly going to trigger AllAllans buy signal. If those folks get in together with the subscribers to Patrick Cox's newsletter we could see some more fireworks over the next few weeks.

Make that $1.19. Took a bit time for the news to get out there but I guess the latest alert from Patrick Cox and AllAllan has finally been digested by investors. Last time we had such news we flew off to the low $2 range before crashing back down again. Could be a nice short term trade here... or if it pulls back a chance to get on board for longer term?

NanoViricides, Inc. Reports Dramatically Extended Survival For FluCide™ Treated Animals In An Influenza Lethality Study http://www.thestreet.com/story/10906112/1/...lity-study.html And yet the market shrugs and we close flat for the day. They have produced similar results in the past so maybe that why the market doesn't find it so wildly exciting. In any case... A potential cure for all types of flu and many other viruses including HIV with a 1 dollar entry fee.

Thanks but azazel has already taken me up on this wager. As I have said I would be happier if I lost this bet than won it.

The last time that level was seen was in September-October 2003: http://www.nationwide.co.uk/hpi/historical/MPR0310.pdf

Sure thing! Same for me too if I am unfortunate enough to win. Goldmoney or Bullionvault is easiest for me. So the nationwide index is the one we shall use. The October 2010 report can be found here: http://www.nationwide.co.uk/hpi/historical/Oct_2010.pdf The average house price was: £164,381 So you need the average UK house price to go below: £131,505 to win

I totally agree with your analysis, however, if property prices fall by 20% or more from here the banks will be well and truly on fire if they are not already. The UK gov are trying everything they can to prevent the seemingly inevitable fall. I hope they fail as a fall and cleansing of the system would be much healthier for future generations.

Great stuff azazel. Your on and I have to say I hope I lose

Despite wanting house prices to fall and understanding the arguments why it should happen I'm beginning to feel pretty doubtful it will actually happen to the extent discussed on here. I just don't see it falling 20% or more from here when priced in sterling. In other currencies/commodities sure. Anyone care to have a wager on this? If I lose the bet to you I just saved even more money off a property If I win the bet well I'll probably be even more upset than if I had lost! Lets say the other person wins if by Dec 2012 or earlier the nationwide index falls by 20% or more from here. Any takers? Just a modest sum of say 20-50pds or so?

Yep even the world's number one timer is finding this one tricky. Bears out what I many others have been saying for ages You gotta average in and don't get cute trying to time the market Unless you already have a sizable core position

Can you tell me the year he set this date then? What would you define as touching distance? 1600?

Jim set this target many many years ago. The fact that we are within touching distance of it so close to his date is credit to him.

Rick Rule - Physical Supply Shortages in Silver So no shortfall yet according to Rick but we are getting close. And yet big Tommy O recently stated that we were swimming in a vast ocean of over supply of silver. What gives?

Good interview with Felix Zulauf this week: http://kingworldnews.com/kingworldnews/Bro...3A16%3A2010.mp3 I reckon a lot of folks on here fit the average investor category. Folks looking for a "liferaft" that can help protect them. Yes you can accumulate more ounces via trading intermediate peaks and pull backs etc but you can also lose your shirt that way. I note that one of our more flamboyant gold/silver swinger traders has gone awol after countless attempts at shorting tops and turns.

Cheers Frizzers. PS: still party time with the gold stock picks in your gold report. Great stuff!

Curious as to why you think we could easily make a low here. Given that your commentary here and elsewhere suggests that the gold bull has much further to go (perhaps doubling from here) this would imply that you think houses could easily double from here too. Is this really what you think is easily possible? Or am I missing something?

Garth Turner turns gold bubble caller (around 6:30 in) http://www.howestreet.com/index.php?pl=/go...ediaplayer/1784 "USD is still relatively strong and holding its value" Garth! The UDS index has almost halved since 1999 ffs man!