HERE WE GO. CHICKEN SELLING GOLD, ME BUYING GOLD

It is impossible to keep a strategy when the market goes nuts. I just had to sell all my shares and I am 80% invested in gold (GLD), 10% in Apple and 10% in cash. No way to lose this opportunity to make some easy money.

IBM IS BECOMING AN ICON

I am looking to sell Apple and buying IBM.

No looking back. Gold will prevail and at these prices is a good time to buy.

GOLD RULES AGAIN

Buying gold bullion and spdr like mad at these prices. No way to look back.

A SUSTAINABLE PLAN HAS TO BE PUT FORWARD TO SAVE GREECE

It is impossible to save Greece (and the EURO) without a plan that is feasible. The Greeks will no longer accept a promise of blood, sweat and tears alone. If Greece goes burst many will follow (Italy in the front row).

I WILL FOLLOW THE BIG GUYS-BUY WHEN OTHER ARE SELLING WITH NO REASON

"Most investors are about equally good (or bad) at selecting stocks and other investments as well as at “timing” the market. However, some investors are more responsible and disciplined in their approach and that is where the superior performance comes from."

Hopefully a day to buy when everybody will sell. I will buy Apple, no doubt.

GOLD VS APPLE, DOW JONES AND S&P-APPLE IS A WINNER

 GCZ1 : CEC:Commodities Exchange Centre

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    AutoDailyWeeklyMonthly     Chart Style Line O-H-L-C Mountain Candle     Upper Indicators  SMAEMABollinger BandsPSARPrice ChannelTime Series ForecastLinear Regression     Lower Indicators  Accumulation/Dist.CCIChaikin's OscillatorDMIFast StochasticMACDMoney FlowMoney Flow IndexMomentumOn Balance VolumeOscillatorRate of ChangeRSISlow StochasticUltimate OscillatorWilliams %R    Standard  Logarithmic

BUT GOLD DOES VERY WELL

KRUGMAN ON GOLD

"And this says that the price of gold should jump in the short run.

The logic, if you think about it, is pretty intuitive: with lower interest rates, it makes more sense to hoard gold now and push its actual use further into the future, which means higher prices in the short run and the near future.

But suppose this is the right story, or at least a good part of the story, of gold prices. If so, just about everything you read about what gold prices mean is wrong.

For this is essentially a “real” story about gold, in which the price has risen because expected returns on other investments have fallen; it is not, repeat not, a story about inflation expectations. Not only are surging gold prices not a sign of severe inflation just around the corner, they’re actually the result of a persistently depressed economy stuck in a liquidity trap — an economy that basically faces the threat of Japanese-style deflation, not Weimar-style inflation. So people who bought gold because they believed that inflation was around the corner were right for the wrong reasons.

And if you view the gold story as being basically about real interest rates, something else follows — namely, that having a gold standard right now would be deeply deflationary. The real price of gold “wants” to rise; if you try to peg the nominal price level to gold, that can only happen through severe deflation.

OK, none of this necessarily rejects other hypotheses about gold; in particular, there could be a bubble over and above the Hotelling aspect. But the crucial message is, I think, right: If you believe that gold prices are signaling an inflationary threat, I have to tell you, I do not think that price means what you think it means."

HELP GREECE OR FORGET THE EURO

Unfortunately the European leadership of Europe is now very weak, and Ms. Merkel has no strength to do what has to be done (i.e. promote asap the Eurobonds). The UK is out of this game, as usual. France is  trying to play a role, but its importance has long disappeared. So while Greece is on life support, the markets will suffer.

FABER'S ALLOCATION STRATEGY

"I have 25 per cent in real estate and real estate-related equities here in Asia, 25 per cent in gold, 25 per cent in stocks and 25 per cent in cash".


Although it looks fine, I thing it is not yet the time to have that much in real estate (I am invested in NLY, but only 5% of the total) and also the gold share seems excessive (I will stick with 10%). I have now 70% in stocks, 10% in gold, 5% in real estate and 15% in cash).

WAITING FOR GOLD PRICES TO FALL TO BUY AGAIN

Gold, being overbought right now, is likely to fall. Be patient and buy on the dip.

FABER'S PERSPECTIVE ON GOLD

"I think it is important for investors to understand the role of gold as an insurance against a systemic failure and not necessarily as a hedge against inflation. I should add that I own gold for both reasons, believing that it will perform well in both an inflationary and deflationary environment. In addition, I am not selling any gold but traders should realise the gold price is extremely overbought and that it could easily drop toward the 200-day moving average – that is, between $1,500 and $1,600 (not a prediction). As I just said, I am not selling my gold because I expect much higher prices in future. But, near term, both T-bonds and gold appear vulnerable to a more serious correction"

I WAS RIGHT BEING BULLISH ON APPLE

 

I WONDER HOW

SI can be so cheap....

MARC FABER VERY BULISH ON GOLD

"According to some statistics the gold price today should be worth between $6,000 per ounce and $10,000 per ounce. "

I agree, but still think the $2000 resistence level will be crutial.

MY MEDIUM/LONG TERM BETS

- AAPL
- DGP
- WMT
- XOM
- KO
-NESN
-SLW
-MON
-INTC
-JNJ
-DFJ
-MSFT
-NLY

ALEA IACTA EST

Being Greedy

For the long time investor there could be no better time to start buying stocks like there was no tomorrow. The prices are so cheap, there is no way to lose money (in the medium term-buy now and forget about your stocks for a while). I will disclose my portfolio soon, after buying some bargains. I can tell you though that Apple is on my shopping list and I am also starting to bet on the medium/long term on real estate (to be sure I am buying NLY with a 14,6% yield). I am also obliged to buy DGP at this price.

EURO-SELF FULFILLING PROFECY

With Germany, the only relevant  european economical power-house, on the ropes due to electoral pressures, Greece is most likely to go down. I will start to bet heavy against the Euro, there is no other way.

9/11

A day of remembering. So that it may never happen again.

CHF

How long will Switzerland be able to maintain the 1,2 Euro threshold intact, by printing money to buy foreign currency and to allow the Swiss companies to keep afloat? This is the 1,000,000 USD question now. I bet they will not be able to keep with it after 31 December, namely if the economy rebounds.

Ups - here we go with a nice one day profit with DGO - bought at 66.93 sold at 69,58, made an easy 26,500 USD

Deutsche Bank AG DB Gold Double

(NYSEArca: DGP )

Real Time69.58 2.58 (3.85%) 9:47AM EDT

Last Trade:	67.00
Trade Time:	Sep 7
Change:	0.00 (0.00%)
Prev Close:	67.00
Open:	N/A
Bid:	69.85 x 1400
Ask:	69.88 x 1500
NAV¹:	39

Day's Range:	N/A - N/A
52wk Range:	33.11 - 73.71
Volume:	166,463
Avg Vol (3m):	1,367,980
YTD Return

Can't resist-it is a bargain at this price!!!!!

As I suspected gold went down, and this is most likely the medium term trend. In the meantime in the sell off just bought some

PowerShares DB Gold Double Long ETN - 9:22AM EDT
DGP	66.93	-4.56 (-6.38%)
Open:	0.00	Day Range:	66.73-70.00
Previous Close:	71.49	52 Week Range:	33.11-73.71

Good to know: Marc Faber on gold

“I don’t think that gold is in a bubble. When you buy gold, it’s an insurance against systematic failure and problems in the financial markets.

LONG ON APPLE!!!

JUST SOLD ALL MY GOLD - NOT WAITING TO 1995

It is time to be fearful in relation to Gold and even Silver. Just sold and reinvested in Apple (selling also calls for December and pocketing some good money in advance for Christmas gifts).

INVESTMENT HISTORY REPEATS ITSELF

Sir John Templeton said, "The four most expensive words in the English language are, "This time it's different"".

Gold at 2000 USD will implode - jump to silver or to Apple or stay on the sidelines for a while.

GOLD FUTURES ABOVE 1900 - TIME TO BE FEARFUL

As promised, I am about to change name to Silver Boy. I will jump at 1995 USD.

BE GREEDY WHEN OTHERS ARE FEARFUL, BE FEARFUL WHEN OTHERS ARE GREEDY.

It is time to be fearful and cash some profits. I will sell gold and buy Silver or Apple.

MICHAEL MALONEY PREDICTION IN 2008!

As the dollar continues to collapse, big investors will first turn to gold and dramatically drive up its price. By the time the public catches on, gold will look pretty expensive to them. Everybody will then start hearing about silver being rarer than gold. In a frenzy, people will dive to into silver, just as the stock piles are practically diminished and production has practically stopped. That is when silver prices will explode.

GOLDEN BOY PREDICTION: as soon gold hits 2000 USD, the silver rush will start.

It is a great time for those wanting to make a lot of money to start investing in silver now.

MARK FABER ON GOLD - UPDATE

"For the next 6 months gold will rather decline than go up"


Therefore, under both scenarios – stagflation or deflationary recession – gold, gold equities, and other precious metals should continue to perform better than financial assets

TOP 5 INVESTMENTS IN GOLD - 1ST WEEK SEPT

1-PSAU

2-GLD


3- GOLD

4- EGO

5-DGP

GOLD HAS BEST MONTH SINCE 2009

"Roll up your sleeve, it’s time for a syringe full of fact! Gold has just blown the triple whistle on its best month since November 2009.

The Barbarous Relic gained $200.20 this month, or 12.3%, to finish at $1828.50. That’s the biggest percentage gain since November 2009."

GOLD MAY BE A RISKY INVESTMENT ABOVE 2000 USD

Be careful now, the 2000 USD thresholder may trigger a selling. It will be back again to this level or even higher. To be in the safe side, as soon it reaches 1995 USD sell and reinvest in silver for a while. Silver is even more scarce than gold and with more industrial application. It is a safe harbour.

MARC FABER ON GOLD

I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations...Switzerland, Singapore, Hong Kong, Australia, Canada...I think it’s important in today’s very uncertain world to diversify, not only the various asset classes...but also the custody of your assets should be in different jurisdictions.

Gold price evolution in the last three years vs DJ and S&P

is this a bubble?

Gold

We endorse buying Gold as the best investment available. Our message is clear and simple. We understand that once all other types of investment will be worthless, Gold will rule again.

Gold is not immune to the fast profit strategies that allow INSTITUTIONAL INVESTORS to rip off the normal investor (high frequency trading, short selling, binary options, leveraged ETF's and so on). However, being scarce and physical is what differentiates this asset from any other class.

We are absolutely sure that with a rampant inflation in the horizon Gold will provide protection to any clever investor.

There is no best time to buy Gold. Just start to buy, either in physical form, via ETF's or shares of mining companies. Either way you will be much better.

But of course, any investor must be cautious as like in any other market, there are many traps in the Gold market.