grumpy-old-man Posted January 29, 2010 Report Share Posted January 29, 2010 time for the engines to thrust or is the starter motor faulty? I'd say we have hit the bottom. (perhaps a few dollars more ) cgnao you must be laughing your head off atm & I understand why you're not posting. Although I think you may in a couple of weeks time. Link to comment Share on other sites More sharing options...
aliveandkicking Posted January 29, 2010 Report Share Posted January 29, 2010 Sinclair could be cutting it a bit fine with his timing. The next spike to 1650 could be 2 years away. The lower trend on that graph does not look very convincing at being able to hold 1000. Edit: But i can see the lehmans saga might account for the fall below this trend earlier Link to comment Share on other sites More sharing options...
signofthetimes Posted January 29, 2010 Report Share Posted January 29, 2010 I'd say we have hit the bottom. (perhaps a few dollars more ) cgnao you must be laughing your head off atm & I understand why you're not posting. Although I think you may in a couple of weeks time. GOM, any idea why all his posts have been deleted from his profile? Link to comment Share on other sites More sharing options...
romans holiday Posted January 29, 2010 Report Share Posted January 29, 2010 The lower trend on that graph does not look very convincing at being able to hold 1000. Edit: But i can see the lehmans saga might account for the fall below this trend earlier Yes, I think it would take a similiar panic and another round of forced deleveraging to see gold convincingly break that line again. I still think we could briefly see a 3 digit price again soon though. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted January 29, 2010 Report Share Posted January 29, 2010 GOM, any idea why all his posts have been deleted from his profile? I see what you mean SOTT. If you go to the users profile & click on 'posts' it shows nothing, same goes for 'topics' I checked my profile & it lists my most recent posts under the 'posts' tab...... If you do a search for 'cgnao' as a user, then select 'all posts', it does return threads with his posts on. Can an admin clarify please ? Link to comment Share on other sites More sharing options...
Pixel8r Posted January 29, 2010 Report Share Posted January 29, 2010 Sinclair could be cutting it a bit fine with his timing. The next spike to 1650 could be 2 years away. Or on the other hand we could not be finished yet. Increasing price = increasing volatility and larger mid run corrections. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted January 29, 2010 Report Share Posted January 29, 2010 I see what you mean SOTT. If you go to the users profile & click on 'posts' it shows nothing, same goes for 'topics' I checked my profile & it lists my most recent posts under the 'posts' tab...... I am wondering if he has had his account disabled? hence the difference on the 'users' profile tabs, in other words they are not available if the account has been suspended etc ? edited ah ha: * Hard deleted - physically remove post/topic from DB with no traces and no way to restore * Soft deleted - Remove the topic/post from public view, but all the admins and mods can still see it in the topic view. They also slim it down so that only the user's nick is visible, with a thin line going across to the right, where there is a "Manage" link or a "View" link which would allow you to undelete it (restore it back into public view the way it was) or make other changes (like delete the attachments uploaded in that post) * Moderated - Similar to IPB's inactive/invisible has this been done admin team ?? Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 29, 2010 Author Report Share Posted January 29, 2010 The lower trend on that graph does not look very convincing at being able to hold 1000. Edit: But i can see the lehmans saga might account for the fall below this trend earlier The chart is possibly not very useful since not in log-format. Here a better version: http://gold.approximity.com/gold-silver_watch.html Link to comment Share on other sites More sharing options...
romans holiday Posted January 29, 2010 Report Share Posted January 29, 2010 Or on the other hand we could not be finished yet. Increasing price = increasing volatility and larger mid run corrections. A strengthening dollar suggests differently. It depends on where the dollar goes here... if it continues to strengthen, gold will continue to consolidate. Edited to add second chart. Link to comment Share on other sites More sharing options...
Pixel8r Posted January 29, 2010 Report Share Posted January 29, 2010 A strengthening dollar suggests differently. It depends on where the dollar goes here... if it continues to strengthen, gold will continue to consolidate. See this - http://www.greenenergyinvestors.com/index....st&p=154241 Link to comment Share on other sites More sharing options...
Fortune Posted January 29, 2010 Report Share Posted January 29, 2010 She goes up, she goes down, she goes where the wind blows. Where she stops, noboby knows. Did I get that right? I've forgotten the exact lines. Link to comment Share on other sites More sharing options...
carbon junkie Posted January 29, 2010 Report Share Posted January 29, 2010 Sinclair could be cutting it a bit fine with his timing. The next spike to 1650 could be 2 years away. Why did you select that start date for your chart? why not from the start of the bull market? I am not expecting an answer as you have failed to answer my previous question. Chart looks highly selective to me. Link to comment Share on other sites More sharing options...
Van Posted January 29, 2010 Report Share Posted January 29, 2010 Don't know if this has been posted before, but tis a good article: http://www.marketoracle.co.uk/Article3753.html How High Can Gold Go Before Peaking - Gold Dow Jones Ratio Important Indicator "The problem is that the target is moving; it moves approximately with the rate of inflation." Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted January 29, 2010 Report Share Posted January 29, 2010 FWIW I think Gold and the miners are ready to turn...up! Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted January 29, 2010 Report Share Posted January 29, 2010 Don't know if this has been posted before, but tis a good article: http://www.marketoracle.co.uk/Article3753.html How High Can Gold Go Before Peaking - Gold Dow Jones Ratio Important Indicator "The problem is that the target is moving; it moves approximately with the rate of inflation." yep some fans of his on here http://www.greenenergyinvestors.com/index....ost&p=44396 Link to comment Share on other sites More sharing options...
fitkid Posted January 29, 2010 Report Share Posted January 29, 2010 FWIW I think Gold and the miners are ready to turn...up! Yeah i agree bought another load of physical on yesterday pm fix £671.85 Thought i might have caught the low but todays am fix was £670.64 but pm fix was £672.42 trading closed at £675.29. Felt good getting rid of another load of that toilet paper for somethiong with real intrinsic value.At each buying point over the last couple of years i have had to pay £100.00 more per oz so lets see where she blows over the next 12 months Link to comment Share on other sites More sharing options...
fitkid Posted January 29, 2010 Report Share Posted January 29, 2010 I am hoping I sniffed a bottom today so to speak, bought more juniors. fingers and toes crossed (mind I have covering short on CDE - just in case). I got the same smell see previous post. Link to comment Share on other sites More sharing options...
sylvester Posted January 30, 2010 Report Share Posted January 30, 2010 I am wondering if he has had his account disabled? hence the difference on the 'users' profile tabs, in other words they are not available if the account has been suspended etc ? has this been done admin team ?? Hi GOM, His account looks intact from this end. I very much doubt anyone has interfered with it. Maybe the board software has a time limit on viewing posts or automatically 'minimises' users who haven't posted for a while? I'm sure he will be back soon for a little more fun. Sylvester Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted January 30, 2010 Report Share Posted January 30, 2010 Eric Sprott On How Central Banks Are Setting The Stage For The Next Big Move In Gold http://www.zerohedge.com/article/eric-spro...e-gold#comments Link to comment Share on other sites More sharing options...
grumpy-old-man Posted January 31, 2010 Report Share Posted January 31, 2010 Hi GOM, His account looks intact from this end. I very much doubt anyone has interfered with it. Maybe the board software has a time limit on viewing posts or automatically 'minimises' users who haven't posted for a while? I'm sure he will be back soon for a little more fun. Sylvester ok thanks for the reply sylvester. Link to comment Share on other sites More sharing options...
sylvester Posted February 1, 2010 Report Share Posted February 1, 2010 Last page of the January thread here Link to comment Share on other sites More sharing options...
sylvester Posted February 1, 2010 Report Share Posted February 1, 2010 February's thread is alive! Please continue to post there... Link to comment Share on other sites More sharing options...
mSparks Posted February 1, 2010 Report Share Posted February 1, 2010 Why did you select that start date for your chart? why not from the start of the bull market? I am not expecting an answer as you have failed to answer my previous question. Chart looks highly selective to me. If he'd selected october 08 it would look even further away, He's actually being quite generous, a big blow out is always (in my experience) preceded by a high level of chaotic price movement, I think he's probably being a bit too generous even continuing the trend, Its probably going to end up something like oil, drop some high double digit percentage through its lower support, rebound back to it (oil support, via Russia, was and still is $70 last time I checked) and sit there for a couple of years. Link to comment Share on other sites More sharing options...
romans holiday Posted February 1, 2010 Report Share Posted February 1, 2010 If he'd selected october 08 it would look even further away, He's actually being quite generous, a big blow out is always (in my experience) preceded by a high level of chaotic price movement, I think he's probably being a bit too generous even continuing the trend, Its probably going to end up something like oil, drop some high double digit percentage through its lower support, rebound back to it (oil support, via Russia, was and still is $70 last time I checked) and sit there for a couple of years. I think the tendency is for people to be either far too bullish or far too bearish on gold. I like the idea of a middle way, a golden mean of sorts, where gold slowly stengthens in the aggregate on the fundamentals while reversing/ consolidating at times on market dynamics. Link to comment Share on other sites More sharing options...
mSparks Posted February 1, 2010 Report Share Posted February 1, 2010 I think the tendency is for people to be either far too bullish or far too bearish on gold. I like the idea of a middle way, a golden mean of sorts, where gold slowly stengthens on the fundamentals while reversing/ consolidating at times on market dynamics. My problem with gold (and oil) is the component parts of its fundamentals are so very very complicated, its not like say, Northumbrian water shares, where you can spot insider trading a couple of months in advance of a taker over bid, or NRK/LEH shares, where you can pull up their balance sheet and get a good idea of the impact of the credit crunch on their bottom line. Its all flaky ifs, maybes and 1st/2nd/3rd order derivatives of the entire global economy. Link to comment Share on other sites More sharing options...
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