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Are we in the beginning stages of reversals in precious metals and conventional markets?

Big Al
August 13, 2014

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Discussion
27 Comments
    Aug 13, 2014 13:07 AM

    THE PLAN OFF THE ELITE ! Is to make market boring . And REDUCING your buying power and PURCHASING POWER and ACTIVITY LOOK AT THE MIDDLE CLASS YOUNG FOLK AND THE TEENAGERS ! AGENDA 21 DEPOPULATION !

      Aug 13, 2014 13:08 AM

      YOU SEE NOTING YET !

        Aug 13, 2014 13:25 AM

        DAY WILL MAKE IT NICE TO SUICIDE ! https://www.youtube.com/watch?v=3YUbKySSeTg

          Aug 13, 2014 13:39 AM

          THE MIDDLE EAST ! ALL 1 PLANE NEXT LEBANON WILL COM IN TO THE PLAN !

            Aug 13, 2014 13:51 AM

            ( CNN ) IVAN WATSON ! THE NEW JOHN WAYNE ! TV WILL SUCKER YOU IN AMERICA ( WESTERN WORLD ! SUCKERS ! LOVE THE EURO LOVE THE DOLLAR LOVE THE YUAN SUCKERS !

    Aug 13, 2014 13:27 AM

    We are very close to a major low for commodities in my opinion. If the CCI dips below 500, that would be a good time to bet on your favorite ones in my opinion.
    http://stockcharts.com/h-sc/ui?s=$CCI&p=W&yr=6&mn=3&dy=0&id=p22531779986&a=363568853

      Aug 13, 2014 13:28 AM

      in complete agreement Matthew.

      Aug 13, 2014 13:03 PM

      I am thinking about spending the rest of 50 to 75 % of my dry powder via Sprott on Virginia Mines and Altius…and Osanko……we will see

      Aug 13, 2014 13:51 PM

      Does it mean that gold drop below 1179 and silver drops below 18.5? That is exciting. Looking forward to it.

        Aug 13, 2014 13:57 PM

        I am watching silver like a hawk. I placed severals bid for SVM, CEF.A and SDB.UN (TSX) below the current price (for SBT.UN just 0.5% below). They have been there for several months.The range is too narrow so it is hard to buy. It starts to get frustrating.

        Aug 13, 2014 13:42 PM

        I don’t consider gold or even silver to be commodities, except in a general sense. I think both bottomed more than 13 months ago. Looking at the current short term downtrend, there’s a decent chance that silver bottomed today or will very shortly.

    Aug 13, 2014 13:28 AM

    Humanitarian aid – gets called that when the U.S. drops 500 lb bombs on Iraq, while the U.S. suspects 280 trucks with basic provisions going to E. Ukraine as something different!

    http://www.paulcraigroberts.org/2014/08/13/washington-chokes-truth-lies-paul-craig-roberts/

      Aug 13, 2014 13:19 AM

      Interesting point Reverend!

      bb
      Aug 13, 2014 13:31 PM

      Washington’s propaganda is working. Polls reveal that a majority of Americans, who should be awake by now after being lied to about Afghanistan, Iraq, Somalia, Libya, Syria, and Iran, have again, in their infinite gullibility, fallen victim to the propaganda and regard Russia as a threat

      I just got a kick outta that paragraph.

    Aug 13, 2014 13:05 AM

    Al, Cory – will you please ask Rick (and anyone else interested) to read this article by CME group – who state that “the Fed may move sooner rather than later to abandon its zero-rate policy and encourage incrementally higher short-term rates” and comment please?

    http://www.cmegroup.com/education/files/blu-putnam-an-end-in-sight-to-feds-zero-rate-policy.pdf

    Thanks,

    Phil

      Aug 13, 2014 13:20 AM

      No problem Phil

    bb
    Aug 13, 2014 13:48 AM

    Might be a dum question, may have been mentioned before and I missed it.

    Should interest rates move up, how would that effect goldstocks?

    Just out of interest, since seabridge got their environmental approval, it has been trending up, up about 10.5% since then.

      Aug 13, 2014 13:02 PM

      Seabridge is a very interesting situation.

      Interest rates up effect? Go back and look at the price of gold in the mid to late seventies!

        bb
        Aug 13, 2014 13:31 PM

        Point taken Al.

        How can any investor not own physical and a few shares?
        Looks to me the risk/reward is really in favour of owning them now.
        Lets hope the market doesn’t stay irrational longer than we can remain solvent.
        To be honest, Ive been more scared of not owning them than I have of owning them for quite some time now.

          Aug 14, 2014 14:05 AM

          bb Better to be a year, two years early than a day late! Best, A

    Aug 13, 2014 13:55 AM
      Aug 13, 2014 13:59 PM

      thanks Franky,

      Interesting video.

    Aug 13, 2014 13:18 AM

    AL will you turn up yr volume?? Cant hear you..

    Aug 14, 2014 14:51 PM

    If the stock starts any sharp move down it will take gold down with it.