tag:blogger.com,1999:blog-1708908742323002823.post919115161853214982..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Carnage in Biotech Sector Provides Support for GoldTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger47125tag:blogger.com,1999:blog-1708908742323002823.post-18327726003562998612014-06-12T00:12:19.137-07:002014-06-12T00:12:19.137-07:00That's a big news for any Gold Trading Advisor...That's a big news for any <a href="http://www.goldtradingtips.in/" rel="nofollow">Gold Trading Advisory Company</a>. This will surely affect the activities of Gold Trading Advisors.Anonymoushttps://www.blogger.com/profile/02455776905537864361noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-18333157664801426692014-03-24T11:41:19.705-07:002014-03-24T11:41:19.705-07:00Steve,
As they say in Texas . . . some folks are...Steve, <br /><br />As they say in Texas . . . some folks are all hat and no cattle.<br /><br />Andyramahttps://www.blogger.com/profile/01546944838534963035noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-36418394161909883112014-03-24T10:50:28.455-07:002014-03-24T10:50:28.455-07:00Ok so my 2/3 in Lsg is in... Not a pretty day, but...Ok so my 2/3 in Lsg is in... Not a pretty day, but still uptrend.. We shall see Anonhttps://www.blogger.com/profile/01595034035769200702noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-62446785622886134522014-03-24T08:32:09.005-07:002014-03-24T08:32:09.005-07:00Laughter is the best medicine. Over at our favorit...Laughter is the best medicine. Over at our favorite yellow blog, Maguirre says Goldman and the media are full of s--t. LOL, what exactly is he full of ? Take away his mutual admiration society donkeys long and wrong, and I bet even his wife and the dog can not stand him anymore; sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-50485465887273015922014-03-24T08:10:23.328-07:002014-03-24T08:10:23.328-07:00Wow, a disorderly price spike.
Down that is.........Wow, a disorderly price spike.<br /><br />Down that is......<br /><br />Miners are getting absolutely smoked.<br /><br />And Bank of New York is at 52-week highsMarkhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-58828912415308525242014-03-24T07:58:46.377-07:002014-03-24T07:58:46.377-07:00Mark, it looks like platinum topped 3 wks ago, and...Mark, it looks like platinum topped 3 wks ago, and it is early, but little brother palladium looks like it is finished also; take care, sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70668117753644358172014-03-24T06:36:01.953-07:002014-03-24T06:36:01.953-07:00Another horrific gap down in GLD and GDX today.
E...Another horrific gap down in GLD and GDX today.<br /><br />Eric should post a cheesy pic of a hydrogen bomb going off showing the 5-day decimation since gold topped at the peak of the Ukraine hysteria.<br /><br />And maybe he should find the CEO of Under Armor or Michael Kors to talk about the booming consumer market.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-523947858391990962014-03-23T11:43:37.245-07:002014-03-23T11:43:37.245-07:00Mark, u could be real right, but anything goes in ...Mark, u could be real right, but anything goes in thin mkts that the algos muscle up on; witness oats, coffee, and the way they overdid the nat gas; I still say the best bet on the board is to be short YEN; sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-61818049638039628162014-03-23T11:19:25.634-07:002014-03-23T11:19:25.634-07:00Steve, i still stand by my call that palladium is ...Steve, i still stand by my call that palladium is set for a major move up, along with SWC.<br /><br />All the wealthy are going to be profit taking in the high flyer "Hipster" stocks and will be looking for the next group to break out, and palladium related stocks may be one place they are looking.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-50428547676130938132014-03-23T10:52:40.965-07:002014-03-23T10:52:40.965-07:00very good points, Hubert; I noticed the 5 min idea...very good points, Hubert; I noticed the 5 min idea years ago, and as far as algos and so forth, well, the mkts have been irrevocably broken for years now, with fundamentals rendered worthless as the momos take over. One could have seen this coming with the 24/7 concept of electronic trading and the sell-out of the CME thanks to Duffy and Co. sparks and that is allAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-1075301467535022492014-03-23T09:48:59.037-07:002014-03-23T09:48:59.037-07:00OK Mark, I agree with most of this statement. So L...OK Mark, I agree with most of this statement. So LOOKING FORWARD where does the smart money go now? Were you posting this same stuff in 2005 when the markets were soaring? The point being I think a lot more people are going to get crushed when this fake stock market economy crashes than ever got hurt when the paper gold market died. Who or what will be the focus of your anger then? <br /><br />What really bothers me about your posts is the absolute glee you seem to derive from the unwinding of the KWN fantasy. The other posters here (including our gracious host) seem genuinely distressed that many have been hurt by following the likes of JimS, JTurk, etc but you seem to be giddy about it. Why?Anonymoushttps://www.blogger.com/profile/01370226402752071107noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-21019361131575231032014-03-23T08:59:53.664-07:002014-03-23T08:59:53.664-07:00(the yellow circles show impulsions reversals on t...(the yellow circles show impulsions reversals on the 5 minutes time scale. EACH of them correspond to the first 5 minutes of a 30 minutes candle. These guys work only during the first 5 minutes of every 30 minutes period. And they calculate very precisely the next steps and targets through the channels you see on the chart. Traders in the Us sipping their coffee claimed that they just watch the algos work. They don't make a trade in direct.<br />Everything is "manipulated". Just not the way gold bulls think;Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-85377332162575503322014-03-23T08:54:43.945-07:002014-03-23T08:54:43.945-07:00By the way, gold IS manipulated all the time...jus...By the way, gold IS manipulated all the time...just as every other market...and by the Algos...for trading...so it's another way to say that gold may not be more "manipulated" than any other market.<br /><br />http://labourseauquotidien.fr/les-marches-sont-controles-par-les-algorithmes-la-preuve-sur-le-cac40/<br /><br />Algos changed the nature of trading.<br />Not the Fed nor the bullion banks.<br />80% of transaction are made by algos.<br />Period.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-22300703501592909312014-03-23T08:32:47.132-07:002014-03-23T08:32:47.132-07:00It's not exactly satisfactory to realize somet...It's not exactly satisfactory to realize something after it happened, but I should have paid more attention to the quarterly time unit on gold.<br />It is heavy, it is long term, and it would have showed me why 1390-1400 was such an important resistance level.<br /><br />http://i58.tinypic.com/2qdapux.jpg<br /><br />ma20, ema15 are meeting in this very area.<br />ema15 already was an effective resistance two candles ago.<br />I'm using ema15 often as a target inside a corrective movement.<br /><br />Conclusion : as long as we don't go through this heavy 1390-1420 area,...we are in this bearish pattern given by the quarterly unit, because of this awful marubozu of Q1 2013.<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-83665747431053560382014-03-23T08:31:52.689-07:002014-03-23T08:31:52.689-07:00I think mark is making an honest point. I made a s...I think mark is making an honest point. I made a small fortune in gold and was slow to diversify into the "hipster" portfolio. Trust me I had them on my screen I just was slow.Would have been a hell of a pivot mid 2011 to the secy names I just could not pull it off. Mark is correct it was a thrice in a lifetime event in the past 15 years problem is most people can't pivot 2000,04, 08-09 till now.HCAMhttps://www.blogger.com/profile/09443521256767653527noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-13654244667066113262014-03-23T08:10:14.655-07:002014-03-23T08:10:14.655-07:00Jasper, wonder how many fax machines David Duvall ...Jasper, wonder how many fax machines David Duvall has had to purchase this year for jsmineset? I mean really, that fax machine must have gone ablaze at least 100 times the last 2 years from angry CIGA's wonder what the heck is happening to gold and gold stocks.<br /><br />My guess is that Duvall has a cache of fire extinguishers now and the parking lot of jsmineset has a permanent charcoal stain on it where poor Dave had to chuck out the burning fax machine and douse it with his fire extinguisher before chucking it into the dumpster and then driving to Staples to buy a new one.<br /><br />Surely there have been many "spiritual events" at that office lol....Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-53798093895646232932014-03-23T06:49:14.713-07:002014-03-23T06:49:14.713-07:00Andyrama, another one that values money over other...Andyrama, another one that values money over other people over truth. Thinks he got is all figured out. Flipping houses to flipping miners.<br /><br />This market hasnt bottomed yet.<br /><br />GOTS and take TRX certificates to protect yourself. Sure. But dont forget "to bail" before they crash right back to where they came from. Like Sinclair did by selling over 80% of his shares from 2006-2011.<br /><br />Rambus now thinks gold may see 800 dollar. Wonder when Sinclair will post that prediction on nomineyet.com.<br /><br />Its a hustlers market, the precious metals market. Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-10129834687799862492014-03-23T06:05:45.165-07:002014-03-23T06:05:45.165-07:00"When all the doom and gloomer types were wai..."When all the doom and gloomer types were wailing "This Is It! and This Is Now", yada, yada back in early 2009,<br /><br />That was a once in a lifetime chance to get rich by loading big on consumer discretionary stocks and riding an unprecedented wave lasting 5 years."<br />>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>><br /><br />Or loading up on miners and making >400 to 600% in two years. So long as you bailed in 2011 you made a fortune. EXK <$2.00 in Jan 2009 topped in 2011 just under $13.00<br /><br />As a previous poster said "it's all in the timing" which BTW yours sucks as the big gains in your list have already been made. Further gains eked out of S&P are likely to be akin to picking up pennies in front of a steamroller.<br /><br /><br />Andyramahttps://www.blogger.com/profile/01546944838534963035noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-5573791101156113682014-03-23T05:34:40.143-07:002014-03-23T05:34:40.143-07:00Taper is good for gold? Let's hope so, but I...Taper is good for gold? Let's hope so, but I don't think so overall.<br /><br />Remember how QE was good for gold? And then it wasn't.<br />What happens to gold IF a continued QE taper causes China to a hard landing and some Chinese (not PBOC) start selling to raise capital or to preserve it?<br /><br />That gold liquidation/capital recovery can't be discounted as being impossible. <br /><br />2/3 in MUX is wayyyy out of balance imho. But it's your nest egg, good luck!Dan the Manhttps://www.blogger.com/profile/11796022385624649942noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-36762795927019267482014-03-23T03:35:01.695-07:002014-03-23T03:35:01.695-07:00Well anon according to mine set 2000$ gold in 2013...Well anon according to mine set 2000$ gold in 2013 easy. This is it!<br /><br />All these mux and trx investors are clueless about relative value these stocks offer. They both need to triple their resource to justify current marketcap relative to other miners out there that have resources and actually produce. <br /><br />I believe well see another lower low before the bull resumes and sinclair will need more security staff at the 2015 agm then at last years agm. Trx will not produce anything meaningfull.<br /><br />People can only take so much abuse.Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-37546327549524402832014-03-22T22:26:20.972-07:002014-03-22T22:26:20.972-07:00Taper is good for gold. Gold +14% ytd. I don't...Taper is good for gold. Gold +14% ytd. I don't understand why get so angry because gold is up. most of the people that regularly post here totally missed the rally and some lost a lot of money betting against it. You keep on talking 2013 but we are 4 months into 2014 and gold is the best performing asset. Goldman and everybody hates it... I love it. Two thirds in with MUX... One third in with LSG... I am pretty sure we move higher next couple of weeks. Great wall of worry.Anonhttps://www.blogger.com/profile/01595034035769200702noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-27618220918897483712014-03-22T21:26:17.393-07:002014-03-22T21:26:17.393-07:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/14402813144617472316noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-19649397404683286822014-03-22T21:25:59.895-07:002014-03-22T21:25:59.895-07:00No, I would not be buying the high flyers like CMG...No, I would not be buying the high flyers like CMG up here.<br /><br />My point is simply this.<br /><br />When all the doom and gloomer types were wailing "This Is It! and This Is Now", yada, yada back in early 2009,<br /><br />That was a once in a lifetime chance to get rich by loading big on consumer discretionary stocks and riding an unprecedented wave lasting 5 years.<br /><br />Not one of the "acclaimed experts" or "40-year veterans" correctly called that period of time as a lifetime event to build wealth for retirement.<br /><br />Many missed out on that opportunity by listening to all the naysayers, and instead piled into gold, guns, ammo, and foreign currencies which got them nothing but anguish and frustration.<br /><br />I'm sure many are simply sick to their stomachs for missing out on an event that only happens every 50 years: 400% - 600% runs in many top tier growth stocks in only 5 years.<br /><br />Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-41715045688623293892014-03-22T18:58:26.186-07:002014-03-22T18:58:26.186-07:00If he sold, I may just attend a Q&A.If he sold, I may just attend a Q&A. Eastmonhttps://www.blogger.com/profile/12084014324933324997noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-87533448748856999292014-03-22T15:08:53.408-07:002014-03-22T15:08:53.408-07:00Dan, what do you think about what Jasper says abou...Dan, what do you think about what Jasper says about Sinclair? sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.com