drbubb Posted June 30, 2008 Report Share Posted June 30, 2008 As we kick-off a new monthly thread... The Start of Something Good? It has pushed up to the downtrend line ... And this time it does not look over-extended. We should know whether it can make it through this line within this week Edit: The previous thread is here: http://www.greenenergyinvestors.com/index....ost&p=44826 Link to comment Share on other sites More sharing options...
drbubb Posted June 30, 2008 Report Share Posted June 30, 2008 158,000+ views in June - that's alot ! == I have kicked off a new thread for JULY: http://www.greenenergyinvestors.com/index.php?showtopic=3507 Itr might be good to start it on a Monday morning, I thought Link to comment Share on other sites More sharing options...
electroweak Posted June 30, 2008 Report Share Posted June 30, 2008 Deleted.. see next thread for gold. Link to comment Share on other sites More sharing options...
electroweak Posted June 30, 2008 Report Share Posted June 30, 2008 I'm reposting this, as Dr Bubb started this thread as I was creating the post! Look how strangely the 6hr gold chart resembles the 5yr one. Fractal? It looks parabolic to me! Link to comment Share on other sites More sharing options...
CIGA Posted June 30, 2008 Report Share Posted June 30, 2008 Bubb, Any chance when new threads are created to replace last months there is a link to the previous thread in the first post? Link to comment Share on other sites More sharing options...
G0ldfinger Posted June 30, 2008 Author Report Share Posted June 30, 2008 I'm reposting this, as Dr Bubb started this thread as I was creating the post! Look how strangely the 6hr gold chart resembles the 5yr one. Fractal? It looks parabolic to me! You could do some reading on this (if you want). http://www.amazon.com/Selfsimilar-Processe...s/dp/0691096279 Selfsimilar Processes (Princeton Series in Applied Mathematics) (Hardcover) by Paul Embrechts (Author) "Selfsimilar processes are stochastic processes that are invariant in distribution under suitable scaling of time and space (see Definition 1.1.1)..." Link to comment Share on other sites More sharing options...
electroweak Posted June 30, 2008 Report Share Posted June 30, 2008 You could do some reading on this (if you want). http://www.amazon.com/Selfsimilar-Processe...s/dp/0691096279 Wow, thanks, that looks fascinating. (off to the bookshop..) Link to comment Share on other sites More sharing options...
G0ldfinger Posted June 30, 2008 Author Report Share Posted June 30, 2008 Wow, thanks, that looks fascinating. (off to the bookshop..) Maybe after you've read it you are willing to summarize it for the rest of us. Link to comment Share on other sites More sharing options...
ziknik Posted June 30, 2008 Report Share Posted June 30, 2008 Does anyone think we might see sub 900 again? I’ve only got a few crumbs of gold atm. I can’t fill my boots till 22nd July when a savings scheme matures. I could do with a price drop. Link to comment Share on other sites More sharing options...
electroweak Posted June 30, 2008 Report Share Posted June 30, 2008 Maybe after you've read it you are willing to summarize it for the rest of us. I'll try! Link to comment Share on other sites More sharing options...
njpurser Posted June 30, 2008 Report Share Posted June 30, 2008 Wow, thanks, that looks fascinating. (off to the bookshop..) Try "Chaos" by Gleick, or Mandelbrot's original text "The Fractal Geometry of Nature". This material is more important than relativity theory. It also gives the lie to Global warming ( and chart analysis). Nick Link to comment Share on other sites More sharing options...
bitbigt Posted June 30, 2008 Report Share Posted June 30, 2008 Reposting (from weekend post on previous bb) to seek comment from this new bb... Oil rose steeply from ~30 to get to 70, then plateaued for about 1 year in a range of 60-70. Gold rose steeply from ~300 to get to 700, then plateaued for about 1 year in a range of 600-700. Next, oil started its big run up at the START of 2007, it hesitated at 90-100, but then picked up again in Feb 2008 (speculators) to reach 140 (or more) Whereas, gold started its big run up in the AUGUST 2007, it hesitated at 900-1000, but.... [prediction would be...] then picked up again in SEPT/OCT 2008 to reach 1400 (or more) Link to comment Share on other sites More sharing options...
G0ldfinger Posted June 30, 2008 Author Report Share Posted June 30, 2008 What's the opinion on here about GBPUSD? We're at 1.99 right now, but it looks like a dead cat bounce to me. I need to transfer cash to the US, so I think I am going to do that sooner rather than later. Link to comment Share on other sites More sharing options...
G0ldfinger Posted June 30, 2008 Author Report Share Posted June 30, 2008 BREAKING NEWS: Eurozone inflation jumps to 4%. wal/AP/AFP/Reuters/dpa-AFX In German (in Germany, this IS news): http://www.spiegel.de/wirtschaft/0,1518,562917,00.html Link to comment Share on other sites More sharing options...
electroweak Posted June 30, 2008 Report Share Posted June 30, 2008 What's the opinion on here about GBPUSD? We're at 1.99 right now, but it looks like a dead cat bounce to me. I need to transfer cash to the US, so I think I am going to do that sooner rather than later. Someone over on HPC called them the ugly sisters.. Personally, I think the GBP is doomed in a lag behind the USD, so it will fall but picking the optimal point is like jumping from a helicopter onto a moving truck! Link to comment Share on other sites More sharing options...
njpurser Posted June 30, 2008 Report Share Posted June 30, 2008 BREAKING NEWS: Eurozone inflation jumps to 4%. wal/AP/AFP/Reuters/dpa-AFX In German (in Germany, this IS news): http://www.spiegel.de/wirtschaft/0,1518,562917,00.html ECB to raise and SHTF time then..... Link to comment Share on other sites More sharing options...
romans holiday Posted June 30, 2008 Report Share Posted June 30, 2008 Does anyone think we might see sub 900 again? I’ve only got a few crumbs of gold atm. I can’t fill my boots till 22nd July when a savings scheme matures. I could do with a price drop. Yeah, I am in the same "boot"... but even worse, can't load up until August If I remember correctly, some commentators on FSN/ goldseek are still calling for movement between these levels and 850. Here's hoping. Link to comment Share on other sites More sharing options...
romans holiday Posted June 30, 2008 Report Share Posted June 30, 2008 Reposting (from weekend post on previous bb) to seek comment from this new bb... Oil rose steeply from ~30 to get to 70, then plateaued for about 1 year in a range of 60-70. Gold rose steeply from ~300 to get to 700, then plateaued for about 1 year in a range of 600-700. Next, oil started its big run up at the START of 2007, it hesitated at 90-100, but then picked up again in Feb 2008 (speculators) to reach 140 (or more) Whereas, gold started its big run up in the AUGUST 2007, it hesitated at 900-1000, but.... [prediction would be...] then picked up again in SEPT/OCT 2008 to reach 1400 (or more) I am really hoping for that situation where gold dawdles about before taking off later in the year. I am in the frustrating situation of having cash in the bank but not being able to swap it for gold as am out of the country. I get back in early August and I imagine that will be my last purchase of metals. I hope to sit back and relax after that. Link to comment Share on other sites More sharing options...
G0ldfinger Posted June 30, 2008 Author Report Share Posted June 30, 2008 I am really hoping for that situation where gold dawdles about before taking off later in the year. I am in the frustrating situation of having cash in the bank but not being able to swap it for gold as am out of the country. I get back in early August and I imagine that will be my last purchase of metals. I hope to sit back and relax after that. Get a BullionVault or GoldMoney account. Then you could do it online. Link to comment Share on other sites More sharing options...
romans holiday Posted June 30, 2008 Report Share Posted June 30, 2008 What's the opinion on here about GBPUSD? We're at 1.99 right now, but it looks like a dead cat bounce to me. I need to transfer cash to the US, so I think I am going to do that sooner rather than later. Goldfinger... I am shocked; somehow I couldn't imagine you holding any of that funny money stuff. Link to comment Share on other sites More sharing options...
romans holiday Posted June 30, 2008 Report Share Posted June 30, 2008 Get a BullionVault or GoldMoney account. Then you could do it online. Problem is I am now stuck in Korea, and I believe you need to go through some identification process with the online bullion accounts. Also, I doubt if I can transfer funds from New Zealand without first setting up some arrangements with them first. Any advice anyone? Bloody frustrating having the money out of reach. I have been buying each month here in Korea, but I am hoping to put a decent amount, which is in NZ, also into gold/silver. Link to comment Share on other sites More sharing options...
drbubb Posted June 30, 2008 Report Share Posted June 30, 2008 Bubb, Any chance when new threads are created to replace last months there is a link to the previous thread in the first post? Good idea. I normally do that, but forgot this time. It will be added. / done already by someone else Link to comment Share on other sites More sharing options...
Steve Netwriter Posted June 30, 2008 Report Share Posted June 30, 2008 Bubb, Any chance when new threads are created to replace last months there is a link to the previous thread in the first post? I've been doing that as soon as possible. This time (with my new powers haaahahahaha ) I've added it to the first post for you Link to comment Share on other sites More sharing options...
Steve Netwriter Posted June 30, 2008 Report Share Posted June 30, 2008 Someone over on HPC called them the ugly sisters.. Personally, I think the GBP is doomed in a lag behind the USD, so it will fall but picking the optimal point is like jumping from a helicopter onto a moving truck! It reminds me of the 007 film, when he freefalls to a plane. Tricky Link to comment Share on other sites More sharing options...
Steve Netwriter Posted June 30, 2008 Report Share Posted June 30, 2008 Problem is I am now stuck in Korea, and I believe you need to go through some identification process with the online bullion accounts. Also, I doubt if I can transfer funds from New Zealand without first setting up some arrangements with them first. Any advice anyone? Bloody frustrating having the money out of reach. I have been buying each month here in Korea, but I am hoping to put a decent amount, which is in NZ, also into gold/silver. I think the easiest, but not the cheapest method, would be to give Michael O'Kane a ring at the NZ Mint. They will store it for you. So all can be done via internet banking in NZ$. Link to comment Share on other sites More sharing options...
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