TrueNorth

Will do. Just got this email from Roland Watson, about his blog, newsletter, and forum. Thought it may be of interest to those here: Silver Analyst, Roland Watson He's offering a "silver analyst 'lite'" for those who don't want the monthly newsletter but would like more info from him about the silver market. Details on the blog link above.

Just put it in your toolbox. Women never look there.

No doubt you'd squander the rest.

Eep!

I agree. I am buy and hold. It's just the anticipation of a crash which prompted me to take some profits and be ready to buy again in a few weeks. I am still 70 per cent in PMs at the mo. And ready to jump back in with the balance at a moment's notice. I am not expecting a major correction in gold. But perhaps silver will be hit by market turbulence, making it a good buy. I want to get back to a heavier weighting in silver, which I had until mid-August.

"Survival mode" here too. It's taking ages to get paid, which is a pi$$ah as I want to buy more PMs.

I sold a bit of silver and a bigger bit of gold on Friday, and parked it in Canadian dollars.

Good one GOM. Now, I am looking at silver in US$. Are my eyes deceiving me, or is silver down a whole buck since peaking at $17.60 or so Sept 17? My live price is $16.58 at the mo. That is quite a drop! I also note the gold:silver ratio has turned up and is now over 60. Barely.

I think we may have seen a short-term top in gold and silver. I see the G:S ratio turned up slightly this am. Edited to add: current US$ price 1010.70 and 17.10.

John Embry very bullish on silver, even more bullish than he is about gold. audio interview here from Howe Street: Barrick Bails -- Big Deal? He also thinks the bottom is in for Nat Gas. He closes by characterising the market as "dangerous".

Now I want some more. Where did you get yours, again? Good price? I have been looking locally but the prices are ridiculous.

In my naivete this is a rule I broke, regrettably. I hope I don't have any accidents the next time I am out on the lough.

Tres elegant M. Holiday! A sort of silver shuffle or waltz.

ya, well I will tell them where to collect their cgt. . .

I did that early this year, with some GM gold. It was before GM offered small bars. I bought Krugerrands with it. It was all that was available at the time in the quantity I was looking for.

Stewart Thompson, Graceland Updates, on 321gold: Stewart Thompson on 321gold

Yes, he prolly will be. I am reminded of the expression, "You can be right, but you can be right too soon." I hope I was right, just too soon.

My former pal Bob Hoye has a new missive published on 321gold, fyi: COT data and gold -- Chartworks

Well, I would get out of cash if it was me and I didn't need cash to buy the cars until next year. I don't like leaving much at all in cash.

I have been crying in my beer over swapping silver for gold when the ratio hit 66 in August on the advice of my now ex-friend Bob Hoye . I have lost out on a lot of potential gains in silver, since I was heavily weighted that way. I console myself that I am still in PMs, and when the next crash comes, I will be buying silver with both hands. I bought the majority of my PMs post-crash last year, and was very fortunate it worked out that way.

I agree. I think that 'boring bit' we recently endured has come to a conclusion.

Oh, I agree completely Roman.

With friends like GFMS, gold doesn't need enemies! I cannot imagine a more grudging perspective on gold. It's as if they are trying to get retail holders to sell their gold before it hits the 900 they suggest the correction will take it to. I would be inclined to lump Barrick, GFMS, and the World Gold Council into what I would call the Anti-Gold.

"GOLD IS NOW UNDERWRITTEN BY CHINA" -- from Matterhorn Asset Management: MAM "GOLD IS NOW UNDERWRITTEN BY CHINA"