Trader Rog is back and we are chatting gold
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glad to hear from you…………………j….
DITTO ON THE BIG PICTURE……………..
Hooray! I am so glad to see Trader Rog back on the show!
I used to enjoy his rants, his thoughts, and daily commodity & energy review every day. His insights, like all the contributors on this site are appreciated.
In response to some of the negative comments below, I also felt Roger gave a good overview of the commodity sector from agricultural (wheat, corn, grains, cotton, cocoa etc) to precious metals to industrial metals. He even had good thoughts about oil and energy many days.
Just because some people hung their whole nest egg on the gold story for too long after the tops were hit in 2011, is their own fault, not any commentators fault. Everyone needs to take responsibility for the decisions they make and not blame them getting hurt all on commentators, manipulation, and the Fed. It is a dynamic marketplace, with many moving parts, and all anyone can offer is their opinions and best guesses with logic, experience, and fundamental/technical analysis. I for one like all the opinions I can get, and always appreciate Roger.
More neer below ! https://www.youtube.com/watch?v=XOa5ZurB8xA
Funny Franky….”Cool is the Way!”
Thanks Shad, I have to agree.
Roger Wiegand is back ! HA HA ! https://www.youtube.com/watch?v=HiaRN6xlFX8
Roger can give you a feeling to BUY like no other YESSSSSS ! You re a naughty boy AL ! https://www.youtube.com/watch?v=OOuWWzP7wl0
ROGER ! http://www.cnbc.com/id/102201021#.
You ever look up in the SKY does days ? https://www.youtube.com/watch?v=KUTsMyC3doI
Pardon me if I don’t hold my arms out wide open and give TR a warm welcome back.
A few years ago his analysis and predictions were absolutely horrendous.
Do you remember me saying this but isn’t even close.
He kept being a perma bull throwing out higher price right in the face of a bear market.
Nothing personal but this guys track record is awful.
I don’t need to be polite. Not on this forum.
TheN he disappeared in the tall weeds for a few years and comes creeping back out.
If he’s bullish I need to double check my opinion .
You can say anything you like, but this guy should crawl back into the tall weeds.
Yeah I’m hard, yeah I’m being downright rude.
But you know what, there’s a lot of money on the line here
A better way to put it James is that “everyone is entitled to his/her opinion!
See below
Sans manipulation…TR would have been right
I sorry Al but it’s been a long hard three years of blood suckers stealing my money and manipulating gold.
Too many people were hurt real real bad. People I never met but feel really bad for.
Opinions don’t mean much here.
The facts are the facts.
Let me ask you this – if his opinion sways someone the wrong way and that person takes a bath is TR going to dip into his own pocket and bail him out?
No.
The person needs to be accountable for his own choices.
But when people have the microphone they need to be more accountable.
If I was at the race track and he offered his unsolicited opinion to me I would promptly deposit it in the trash where it belongs.
But some people are under the assumption that guys like TR have moremofmamgrasp on things then the average Joe. When in fact they don’t.
I’d rather piss off TR and call it the way I see it then have some unsuspecting victim lose his hard earned money.
I’ll die on that hill
Take a bow James, well said!!!……traders don’t trade off opinions, ever!
JJ, thanks again for sharing the relationship between Yen and gold.
It sounds like that is exactly what James did. I used to listen every day to Roger review the prices of commodities, currencies, and energy stocks, and they were all facts. Was he incorrect about the gold bear market – yep. But many times on the short term basis he was spot on with oil, the dollar, silver, etc..
If someone trades based on their “opinion being swayed” by TR or anyone, then that is THEIR choice, and so I don’t know why anyone would take bow for that.
Agreed Lawrence!
James…you contradict yourself…. you want traders to be accountable…and you want the promoters to be accountable…can’t have it both ways…. it’s up to the individual to decide which promoter is accountable and reliable…you can’t police the promoters…free speech, etc…..and if the trader makes a trade or investment on the word of a promoter…he or she deserves to lose….hard fast fact..live with it….regards…
I know Roger really well. I guarantee you that he is not a promoter whose opinion is for sale.
I can’t disagree James.
My simple response is, “listen to everyone and make up your own mind”. Makes a lot of sense to me and has for a long time.
Yes James, I’m not sure we were listening to a somewhat chastened Trader Rog (be nice if such as he openly admitted to some of his wildly optimistic forecasts), but more than anything RW struck me as waffly. The lesson of course is to take no-one on this site over-seriously, trusting our own due diligence so that we need blame none but ourselves!
We need to stay grounded at all times. One of those to help ground us is Chris Powell of GATA in his excellent interview with Larry Parks below.
JJ and Rev Well said!
I wonder about “nibbling” and recognising a trend, gold was dropping for years before anybody but a couple people here recognised a “downtrend”, and anyone that did see it stood a good chance of being chased away.
So, from that experience the majority of a move could be missed before a person has done anything but “nibble”, or even see the trend.
Maybe that’s what they mean by be in or you miss the move?
You can average up or average down into a trend in 2 – 4 tranches. The first tranche in is nibbling. Going all in with your entire budget on the first decision, is not nibbling, it’s speculating.
Cory, if ‘gold hasn’t fallen out of bed’, then what was it that went bump in the night when gold was around 1800. Thinking maybe ‘pushed overboard’ better explains the journey.
That’s fair bj. By me saying it has not fallen out of bed I was referring to the gold market we have been in for over a year. With JPM calling for $1050 and other bears saying gold could drop to below $1000 I feel as though gold has hung in there.
I think when we were in the $1800+ range the price got ahead of itself.
Cory Yamana gold BUY ORE White ?
Dang, Roger Weicant! I can’t believe he is alive! I thought I was going to have to put his picture on the back of a milk carton.
And yes it is time to back up the truck. I did and Gary said to the other day.
See below ! AL AND Gorger ! in the days ! SILVER 45 $ ! https://www.youtube.com/watch?v=L4N5pj8EAI4
James you right, roger predictions have been awful, he hoping that hiding this long people would forget, lol
Al , bo polny now roger, next my 2 year old son
Very interesting point Cat. Remember that we listen to everyone. Certainly does not mean that we agree! II Iit
THE WORLD IS THE NEW WORLD ORDER ! https://www.youtube.com/watch?v=QBHvGticgMs
The day the pope meet the Chinese leder . You will note care tink talk and you will by don !
HA HA HA HA You will see You will see aaaa !
It is great to see Roger back on board. Please, let him (and the other Musketeers) rant once in awhile. There is too much political correctness in the world. The more opinions the better.
Ditto on the “MORE OPINIONS”the better………………
People say it is not polite to discuss religion or politics. My neighbor used to say people shouldn’t share their religious views. Hogwash. Jesus is King! He will turn over the tables of the money-changers when He is good and ready. So, stay awake and watch . . . work hard too.
DITTO WAYNE………..
GOOD GOLLY………..WHERE HAVE YOU BEEN HIDING……….