Jump to content

Gold Bulls - "Clawing the Sky" as prices fall


drbubb

Recommended Posts

By looking at real interest rates and the important ratios (DOW/gold etc.).

 

So if the dow is artificially supported or it falls tomorrow you will have already positioned yourself in advance?

 

Some things are unknowable

 

You can follow the trends but not know what will happen - unless you believe in black magic or have a Finnish elf guardian. I am not excluding the power of those things however. But you are saying you can use some kind of process to know what the price should be.

 

If you think like an economist you will know the future because of what happened in the past.

Link to comment
Share on other sites

  • Replies 653
  • Created
  • Last Reply
The title should be: "how to shake out the paper gold traders with stupid stops"...

I adjusted the subtitle a little - Bubb* might want to change it back.

New subtitle: Support levels, bounces, and how to get stopped out of your gold

Original subtitle: Let's talk support levels, and bounces here

 

EDIT: * Let's hope he won't ban me for my naughtiness. :)

 

EDIT2: OK, I will change it back because it doesn't seem right. Pluto, why don't you start a new thread (without offensing words)?

 

 

Link to comment
Share on other sites

I adjusted the subtitle a little - Bubb* might want to change it back.

New subtitle: Support levels, bounces, and how to get stopped out of your gold

Original subtitle: Let's talk support levels, and bounces here

 

EDIT: * Let's hope he won't ban me for my naughtiness. :)

 

EDIT2: OK, I will change it back because it doesn't seem right. Pluto, why don't you start a new thread (without offensing words)?

 

I think stops are stupid, they are for the folk who don't know what they are doing, short term traders (gamblers), and show the market makers what your hand is. Nothing offensive about that - is there?

Link to comment
Share on other sites

I think stops are stupid, they are for the folk who don't know what they are doing, short term traders (gamblers), and show the market makers what your hand is. Nothing offensive about that - is there?

 

Maybe you should read this - seriously I found this thought provoking and possibly worthwhile

 

http://www.dailywealth.com/archive/2009/nov/2009_nov_04.asp

 

interesting results of trading with the 9 month moving average and gold. Still gold wont go below the 9m m/a for years yet.......... right ? ;)

Link to comment
Share on other sites

The real Faber:

 

http://www.marketoracle.co.uk/Article15459.html

 

Quote

Speaking at a conference in Singapore on Wednesday, Faber said: "The crisis has not solved anything. On the contrary there is less transparency today than there was before. The government's balance sheet is expanding, and the abuses that have led to the one cause of the crisis have continued".

 

"I think eventually there will be a big bust and then the whole credit expansion will come to an end," Faber added.

 

"Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to stimulus".

 

In one of his Gloomiest predictions, Faber, referred to as Dr. Doom, said "the average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war".

 

"People ask me against whom? Well, they will invent an enemy," Faber said.

 

"At some stage, somewhere in future, we will have a war – that you have to be prepared for. And during war times, commodities go up strongly,” said Faber.

 

"If you want to hedge against war, you don't want to own derivatives in UBS (UBS) and AIG (AIG), but you have to own them physically, like farmland and agricultural commodities. That is something to consider for you as a personal safety and hedge. You have to own some commodities," he added.

 

 

Got Gold?

Link to comment
Share on other sites

The real Faber:

and then in order to distract the attention of the people, the governments will go to war".

"People ask me against whom? Well, they will invent an enemy," Faber said.

 

If its going to be war I only hope the enemy is climate change. Maybe the press are softening us up for that?

 

The alternative is the Chinese or the Muslims, if that happens Im moving to the planet Zorg.

Link to comment
Share on other sites

survivor17.jpg PRICELESS!!!!

 

Popeye.jpg PRICELESS!!!!

 

hippoman.jpg PRICELESS!!!!

 

banana.jpg PRICELESS!!!!

 

untitlednewfiatstarwars.jpg WoRTHLESS!!!!!!

 

I wonder when this thread title will be changed again.?? :rolleyes::rolleyes::unsure::unsure:

Looks abit dated and misleading already to me. :P:P

 

Gold is done here I tell you...DONE!

 

Bubb's face when Gold hits $1200...priceless!

 

 

 

Bubb's face when Gold hits $1200...priceless!

 

 

$1,200.20 as I'm writing. :lol::lol::lol:

Link to comment
Share on other sites

In one of his Gloomiest predictions, Faber, referred to as Dr. Doom, said "the average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war".

 

"People ask me against whom? Well, they will invent an enemy," Faber said.

 

Thats no problem to this lot remember a man with a computer in a cave and 18 men with box cutters.

 

WAR ON TERRORISM. :lol::lol::lol: PPPPLLLLEEEEAAASSSEEE.

 

GLOBAL WARMING :lol::lol::lol:

 

white-news-global-warming-hoax-300x.jpg

 

6a00e008c6b4e58834012875e75520970c.jpg

 

untitled3.jpg

Link to comment
Share on other sites

Gold bulls "clawing the upper atmosphere" as prices head to the moon.

 

I bet you wish you hadn't started this thread DrBubb :)

 

gold12.gif ARE YOU READY FOR............

 

bomb.jpg KKKKKKAAAAAAABBBBBBBOOOOMOMMMMM.................

 

NASA20sponsor.jpg ENGAGE ENGINES...............................

 

MEANWHILE AT THE DESKS OF TRADERS ACROSS THE GLOBE THEY ARE STILL PLAYING WITH THEIR!!!!!!!!!..............

 

blindporn.jpg

Link to comment
Share on other sites

There's going to be a correction at some point. I expect a couple of $100s worth. The problem is that the correction might come when we are at $1300 or something.

 

Trying to pick tops and bottoms is futile and just another form of gambling. Vegas is a much better place to be gambling; free drinks and pretty girls to amuse you while you pockets get lighter.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.


×
×
  • Create New...