Pundit's Perspectives – Wed 2 Jan, 2013

McAlveny Report

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David McAlvany

  1. On January 2, 2013 at 1:43 pm,
    Investor Man says:

    First trying day of 2013 and the CONVENTIONAL MARKET was up 2.4% and gold was up 0.6%.

    The DJIA will outperform gold…

    • On January 2, 2013 at 2:01 pm,
      richard says:

      Investor man, I respectfully disagree—-in all probability over the next weeks to months the PMs will outperform the DJIA. Come back once in awhile and we’ll see what happens. It’ll be very interesting. I’ll say it again—-TA at this time says gold will outperform the Dow.

      • On January 2, 2013 at 2:04 pm,
        richard says:

        If the TA changes on one of the charts I follow I will alert folks and change my mind—it would signal a major change in a long trend—-I don’t believe it’ll happen.

        • On January 2, 2013 at 2:21 pm,
          jERRY THE SHORT..OOTB says:

          DITTO ……richard……, only, one thing Investor Man forgot, ONE DAY DOES NOT MAKE A MARKET….,but, for today IM has it going his way……

          • On January 2, 2013 at 3:40 pm,
            richard says:

            Jerry, the same thing I was thinking today.

        • On January 2, 2013 at 4:05 pm,
          Ann says:

          Richard..Appreciate the TA.Thanks

          • On January 2, 2013 at 4:29 pm,
            Big Al says:

            Good to know that you are still with us, Ann!

            Big Al

      • On January 2, 2013 at 3:01 pm,
        Big Al says:

        Certainly hope you are correct, Doc!

        Big Al

  2. On January 2, 2013 at 1:51 pm,
    marc says:

    Big Al and ALL: Here is 2013….it is ONLY get more intense…so here it is……….
    I dont mean to be a constant contributor of redundant news, BUT: Short of starting my own blog..HA! :)….I always try to contribute ideas that are redundant, but said different ways – its a nod to any and all ‘newbies” that come to his site looking for direction. Are “family” helps, hopefully with folks to get their PM “sea legs”. So to figure out what is going on- QUICKLY – go to Jim Turks site…GOLDMONEY.COM. Again, he published the 12 years chart of GOLD and SILVER against major global currencies. GOLD and SILVER are up an average of 16 to 18% against the dollar…with NO END in sight. Gold is not going up..it just consistently takes more dollars to purchase one ounce of gold and silver each and every year. SUSTAIN AND PRESERVE YOUR PURCHASING POWER by doing ONLY one thing: Purchase physical gold and silver and put it in your HANDS! I cant be more direct than that. Oh, and BTW, stayed CONSTANTLY informed by visiting CREDIBLE sites, well….like this one…of course! :).

    • On January 2, 2013 at 1:53 pm,
      Big Al says:

      Certainly very possible Investor Man and that is why we are diversified!

      Best to you,

      Big al

    • On January 2, 2013 at 1:54 pm,
      Big Al says:

      Thanks Marc!

      Did you get my e-mail about the Canadian gold site?

      Big Al

      • On January 2, 2013 at 2:39 pm,
        marc says:

        Big Al,
        My e-mail has been having problems, hopefully will get it FIXED today and will respond SHORTLY after! THANKS!

    • On January 2, 2013 at 2:28 pm,
      jERRY THE SHORT..OOTB says:

      marc…..don’t worry about being a” redundant contributor”,,,,when times are slow and dragging…..we need to share our thoughts,,,like a sounding board…..making sure we are still on track……iron sharping iron….

      • On January 2, 2013 at 2:40 pm,
        marc says:

        Thanks Jerry as always!

  3. On January 2, 2013 at 1:53 pm,
    marc says:

    Not are…our…oh that is an AVERAGE of 16 to 18% PER YEAR!!!

  4. On January 2, 2013 at 3:38 pm,
    benb says:

    Egypt halts centamin gold exports. More countries may disallow gold exports,
    somthing to keep in mind when choosing a gold stock. India got a piece of paper for its 200 ton purchase of IMF gold? Now their government wants to increase its duty on gold imports, go figure. Why would anyone want to import money? Obviously India is owned by banks too.

    • On January 2, 2013 at 4:27 pm,
      Big Al says:

      Interesting, thanks benb!

      Big Al

  5. On January 2, 2013 at 4:50 pm,
    Dick Tracy says:

    Mr. Market seems to like copper these days why I don’t know but I do think Mr. Market will soon turn sour on the fiscal cliff resolution and if he does I will be able to say see I told you so. Mr. Market always seems to get it right before us mere mortals do, sort of like the guy behind the machine in “The Wizard Of Oz”. DT

    • On January 2, 2013 at 5:29 pm,
      Big Al says:

      Great example, Machine Gun!

  6. On January 2, 2013 at 5:02 pm,
    Dick Tracy says:

    I call all money Dumb Money these days because none of it is backed by gold, but if you want to be a magician and I have done this you too can turn your fiat currency into Smart Money, I think you know what I mean. DT

  7. On January 2, 2013 at 5:41 pm,

    HERE IS ONE FOR YOU…….DENNIS GARTMAN ADDS TO HIS GOLD POSITION…..jan 2 kitco……..what is more interesting is that GARTMANS says he has been long gold for sometime…….what does that mean…sometime,,,,Gartman has not been long gold since I have been following this site……since 06..unless it has been in the last six months…..does anyone know….

    • On January 2, 2013 at 10:00 pm,
      Jerry(Gator)M says:

      jerry…ootb.. last I heard from Gartman was on msnbc when he was railing about getting rid of gold. Is Maria B getting old or what!!

      • On January 3, 2013 at 7:25 am,
        jERRY THE SHORT..OOTB says:

        Hello JERRY GATOR…..got the boat ready…it is getting cold up here….,btw,thanks for the thought….I was thinking,if Gartman is getting long…..does that mean the sheeple are ready to enter the market……I have not watched cnbc,since mark hanes died,…..does Maria have that gold tooth yet…..lol…ootb….

  8. On January 2, 2013 at 5:57 pm,
    Clark says:

    Sure wish we could hear from TR more frequently. When we lost Rog, we lost a lot!

  9. On January 3, 2013 at 8:06 am,
    benb says:

    Al Qaeda Disbands: Says Job of Destroying U.S. Economy Now in Congress’s Hands
    The international terror group known as Al Qaeda announced its dissolution today, saying that “our mission of destroying the American economy is now in the capable hands of the U.S. Congress.”

    In an official statement published on the group’s website, the current leader of Al Qaeda said that Congress’s conduct during the so-called “fiscal-cliff” showdown convinced the terrorists that they had been outdone.

    This was sent to me this morning, I got a giggle out of it., maybe others would too.

    • On January 3, 2013 at 10:25 am,
      Dan, calgary says:

      Job Posting in Washington DC; Al Qaeda has bought some undisclosed land in backwoods Virginia for financial terrorism training. The leader of this division says that the beauty is, they only need a few hundred new egghead recruits with business suits to take down the whole world economy this time. Must look legitimate on television. Please, no one with a conscience will be considered for this posting. Sign up for this training when in line for any government agency.


      • On January 3, 2013 at 12:52 pm,
        Big Al says:

        Thanks Dan,

        Great comment!

        Big Al

    • On January 3, 2013 at 11:11 am,
      Big Al says:

      Thanks benb!

      Big Al

  10. On January 3, 2013 at 10:57 am,
    Dan, calgary says:

    All joking aside, it looks like the CDNX is rolling over to play dead for awhile again. The tide of $ is ebbing and will take most of the junior resource stocks down with it in the next few weeks IMHO.