Friday and The Doctor Is In
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CORRUPTION END FAST !!!!!!!!!! BUY BUY BUY ! GOLD !
( AL ) WAHT YOU THINK OF ? The islamization of the western financial system ! NO INTEREST ON CREDIT ???? !
Good interview. You could well be right Doc that the shift will be currency driven later on in 2014 and through 2015. Certainly there will be a rotational shift into commodities as well though with or without inflation and part of that reason is that we are getting overdue for a correction.
I had looked in on the Dow/Gold ratio as you suggested and it is pretty obvious we have a move coming that will bring that ratio down to the magic 2:1 even if it is a waiting game. To get there though we need both the stock markets to decline and gold to rise so we know therefore that these two classes of investment must move opposite one another eventually.
Gold will be rising off its bottom just as stocks are falling from their top in other words and perhaps that is amongst the strongest of reasons we all need to pay close attention to when this US equity bull ends. I happen to agree with Al that the future is very bright for the resource sector and so I keep a bucket list ready of what I think will do well once this consolidation phase is FINALLY over.
Like Gary, I also remain convinced the bottom is not yet in though. To me it is pointless to buy prematurely especially as so many companies are still on the ropes, poorly capitalized or thinly traded. The field has to be cleared a little more for my liking. Meantime it is short term trading as obvious easy opportunity arises. That works well.
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Al, are you actually going to post up all the stocks you own? That would be interesting to know given your insights and knowledge of the business. I would never pry but if you are offering I am interested in seeing it.
YES and the FRANCE WINE AL ?
All ok luck diss https://www.youtube.com/watch?v=RfScTelzsus
And diss ! all is ok OBAMA love’s YOU https://www.youtube.com/watch?v=lNHa_0cgWUc
I agree with Birdman, a good solid interview!
Doc’s views are solid on the precious metals and the mining shares.
We should break out after this basing for the last year and looks to be
in a few weeks. My choice is GDX AND GDXJ because of large capitol
investment and the liquidity is my priority. The quality and diversified
position in both is the creme de la creme.
Once this break out occurs I’m going on …AUTO PILOT…
Won’t have any need to short term trade anything. The gains will
be into the stratosphere over several years.
ALL A BOARD !!!!! Doc. won’t miss this train. If anyone does …shame on you.
Commercial trader short gold positions were reduced …new COT.
Lots of other indicators are lining up for a big rally …now or in several
weeks. This is really a time to accumulate. You never know. This train
is leaving the station.
good weekend https://www.youtube.com/watch?v=aCig5SYDuSY
Excellent interview.
Cory made a good point, when to sell is part of the trade.
I mention that as that’s the weakest part of my game.
CORRUPTION END FAST ! http://www.zerohedge.com/news/2014-04-10/blythe-masters-under-investigation-federal-prosecutors and http://www.economicpolicyjournal.com/2014/03/unnatural-death-13-jp-morgan-bankruptcy.html and http://www.reuters.com/article/2014/03/31/us-jpmorgan-chase-londonwhale-lawsuit-idUSBREA2U1M820140331