tag:blogger.com,1999:blog-1708908742323002823.post1993902837455933626..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Gold Probing the $1550 LevelTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1708908742323002823.post-3648742654095498372012-11-03T20:36:07.324-07:002012-11-03T20:36:07.324-07:00Wonderful post. I am searching awesome news and id...Wonderful post. I am searching awesome news and idea. What I have found from your site, it is actually highly content. You have spent long time for this post. It's a very useful and interesting site. Thanks!<br /><a href="http://goldbuyinggenie.com/" rel="nofollow">Gold Buying Genie Online</a><br /><br />Anonymoushttps://www.blogger.com/profile/12582153847373877463noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-43200337200381714782012-05-14T20:36:20.243-07:002012-05-14T20:36:20.243-07:00Jim Opines On Martin Armstrong’s Latest Prediction...Jim Opines On Martin Armstrong’s Latest Prediction<br />January 27, 2012, at 1:02 pm <br />by Jim Sinclair in the category Martin Armstrong | Print This Post | Email This Post<br />My Dear Friends,<br /><br />I have made it a practice not to comment on other people’s opinions as everyone has a right to voice how they see things and express themselves. I also know that no one really knows to the penny or exact day. Having said that, we in the community have given a stage to an expert on long term cyclical economic and political events.<br /><br />Martin Armstrong is a master of this discipline and may have no real competition between cycle and historic commentary. However, as you can see from one example of the large amount of incoming mail I am getting over the past few days, I need to answer Martin’s third bearish call.<br /><br />The first two calls for $1100 did not materialize. In fact, gold twice went in the opposite direction with a fervour.<br /><br />I do not agree with Martin here and now.<br /><br />By normal measures, the US dollar is violently oversold. The dollar and gold has been tied whether I like it or not.<br /><br />There are special circumstances in the dollar now as the Fed has turned the light on domestic QE. I cannot see a significant dollar rally as a result. I also cannot see gold doing worse than chopping into the $1700 range.<br /><br />If there is anything correct to his bearish prediction, which I doubt, it would take this action to a chop between $1650-1764, but I think we are now moving into the $1700-2111 range.<br /><br />Martin Armstrong is the master at the long term cyclical events. To abandon gold now to try and buy it cheaper in 60 to 90 days with the world of finance in the condition it is in, is in my mind MADNESS.<br /><br />Sincerely, <br />Jimdflyhttps://www.blogger.com/profile/10617196875708889118noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-12271949384589716962012-05-14T20:26:49.903-07:002012-05-14T20:26:49.903-07:00My prediction posted on TRADER DAN September 30, 2...My prediction posted on TRADER DAN September 30, 2011 9:26 AM <br /><br />[Excerpted] <br /><br />"U.S. Treasury’s have a negative yield when compared to the most modest inflation numbers!<br /><br />It’s buying season for precious metals. The banksters and heggies may push the prices down as far as $1250/$24, but it won’t save them. They will lose ground, and batta-boom…the metals will sky rocket! <br /><br />Plain and simple, austerity won’t work. <br /><br />Expanding the money supply (QE3-4, etc) will work to foster economic recovery; providing that, expanding the money supply happens in a manner that joins labor with raw materials and technology. We need to produce more, not just manipulate more information. <br /><br />My take is it's buying season for precious metals." <br /><br />[End excerpt] <br /><br />My key point then and remains today...<br /><br />"Plain and simple, austerity won’t work." <br /><br />Not in Europe, not in Asia and not here...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-31014742867368143582012-05-14T17:04:16.382-07:002012-05-14T17:04:16.382-07:00TA is useless. What we need for short-term movemen...TA is useless. What we need for short-term movement is SA - Shenanigan Analysis.Ruihttps://www.blogger.com/profile/01381363570926076708noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-32768640921092347122012-05-14T16:16:17.105-07:002012-05-14T16:16:17.105-07:00Congratulations to Alf on his bottom call of $1612...Congratulations to Alf on his bottom call of $1612...good work and to Jim with the 2012 trading range of $1700-$2100...it is May!!jw14https://www.blogger.com/profile/00796423593624861621noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-55462138488948732392012-05-14T14:41:36.450-07:002012-05-14T14:41:36.450-07:00In managed markets like the ones we have today, te...In managed markets like the ones we have today, technical analysis is of service primarily to the managers.HWShttps://www.blogger.com/profile/09834589640703896319noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-48890952290574347442012-05-14T12:06:21.463-07:002012-05-14T12:06:21.463-07:00Looks like the HUI is going to close well below th...Looks like the HUI is going to close well below the 400 level.JDhttps://www.blogger.com/profile/03706124434369024650noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-78307759606158167042012-05-14T09:28:42.626-07:002012-05-14T09:28:42.626-07:00Current gold and bond actions definitely look like...Current gold and bond actions definitely look like what happened prior to 2008 Lehman crash.Ruihttps://www.blogger.com/profile/01381363570926076708noreply@blogger.com