In this interview, Jim shares his views on gold and his thoughts on investment.
Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts
Wednesday, March 25, 2015
Sunday, March 1, 2015
A Question About Gold [From http://armstrongeconomics.com]
ANSWER: Yes I own gold myself. Gold is like
fire insurance. It is the HEDGE against government – not inflation.
If you have bought gold expecting to make money short-term, then you have
wasted a lot of time. Trade the trend. What is wrong with selling gold at the
high and buying at the low? I just do not get that. As an insurance, yes I only
buy common date US $20s. No bullion in bars etc. That is the “just in case”
hedge. It is NOT an “investment” It is plan B. Trading
gold back and forth I prefer the “paper” gold thank you. Liquidity is king.
These are entirely different things. What I object to is feeding people
nonsense who then put everything they own into gold and then lose the farm.
That is totally bad advice and uncalled for. I do not care what the investment
is. You NEVER advise people to buy anything and
don’t worry just hold forever no matter what. That is bad advice for stocks,
bonds, or gold.
Sunday, September 28, 2014
Thursday, September 25, 2014
Friday, May 16, 2014
Saturday, February 22, 2014
Trader Dan's opinion on gold manipulation
"Keep this in mind - specs drive our modern markets - when they are buying, price rise. When they are selling, prices fall. Specs have had no reason to buy gold until apparently the start of this year but more so apparently since the start of this month of February. It has nothing to do with backwardation claptrap, lease rates, JP Morgan, and all the usual BS that so regularly pollutes the web in the gold bug community." Trader Dan Norcini.
SOURCE:http://traderdannorcini.blogspot.sg/2014/02/commitment-of-traders-info.html
SOURCE:http://traderdannorcini.blogspot.sg/2014/02/commitment-of-traders-info.html
Tuesday, July 30, 2013
Friday, July 26, 2013
Ask the Expert - Marc Faber - Sprott Money News
Labels:
China,
Gold,
Marc Faber,
money printing,
QE,
Sprott Money
Sunday, July 21, 2013
Saturday, July 20, 2013
Wednesday, July 3, 2013
Tuesday, July 2, 2013
Jim Rickards on CNBC. Have 10-20% of gold in your portfolio!
Jim Rickards is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. (Wikipedia)
Monday, July 1, 2013
Gold oversold? Ready for a rebound? You decide
Investors dumping Gold, Where's the Bottom?
According to technician Carley Garner of DeCarley Trading, right now the large speculators are holding their smallest net long position in gold futures since 2009.
Tuesday, June 18, 2013
Jim Rogers: “Thank Goodness” For Gold’s Correction - June 17, 2013 Kitco News
"Kitco News asks Jim Rogers his take of current events like Deutsche Bank's new gold depository in Singapore and the two new Chinese ETPs. Rogers also talks about how India's Finance Minister Chidambaram repeatedly urges the public to stop buying gold, stating heavy gold imports hurt the Indian economy. Finally, Rogers says that the gold correction in April was necessary for gold to avoid an even worse crash. Despite the April sell off, Rogers is still purchasing gold (and silver)....In regards to Roubini's bearish comments on gold earlier this month, Rogers says he'll ignore those predictions." Kitco News, June 17, 2013.
Original source:
http://www.kitco.com/news/video/show/on-the-spot/336/2013-06-17/Jim-Rogers-8220Thank-Goodness8221-For-Gold8217s-Correction----June-17-2013
Original source:
http://www.kitco.com/news/video/show/on-the-spot/336/2013-06-17/Jim-Rogers-8220Thank-Goodness8221-For-Gold8217s-Correction----June-17-2013
Labels:
Chinese,
Deutsche Bank,
Gold,
India,
Jim Rogers,
Kitco News,
Roubini,
Silver,
Singapore
Friday, June 14, 2013
What Japan Means for Gold? [CNBC Video THU 13 JUN 13 | 01:05 PM ET]
"Japan jolts gold. What's the outlook for the precious metal, with Andrew Busch, The Busch Update, CNBC's Jackie DeAngelis and the Futures Now Traders."
Commitment of Traders report (COT)- Trader Dan Norcini's thoughts
Forget all the claptrap analysis about Commitment of Traders report, hedge fund short positions, big banks long positions in gold, etc. NOTHING MATTERS right now except liquidity." Trader Dan
Source: http://traderdannorcini.blogspot.sg/2013/06/japanese-yen-carry-trade-continues-to.html#comment-form
Source: http://traderdannorcini.blogspot.sg/2013/06/japanese-yen-carry-trade-continues-to.html#comment-form
Monday, June 10, 2013
Silver Market Update [originally published June 10th, 2013 by Clive Maund on clivemaund.com]
Clive Maund's latest update on silver is as follows:
"While silver is on the defensive short-term there is plenty of evidence that over the medium and longer-term it is setting up for a powerful rally. COT's and sentiment are already very bullish indeed, which means that when the turn does come, the rally is likely to be accentuated by panic short covering.
On its 6-month chart we can see how silver is being pressured lower by its falling 50-day moving average coming into play overhead, although the increasingly large gap between the 50 and 200-day moving averages is indicative of an oversold state that increasingly calls for reversal. Volume is still predominantly negative, suggesting lower prices dead ahead. After that we can expect reversal. There was a pronounced bull hammer in silver in the middle of May towards the intraday low of which there is quite strong support- silver may drop no longer than the low of this hammer."
"While silver is on the defensive short-term there is plenty of evidence that over the medium and longer-term it is setting up for a powerful rally. COT's and sentiment are already very bullish indeed, which means that when the turn does come, the rally is likely to be accentuated by panic short covering.
On its 6-month chart we can see how silver is being pressured lower by its falling 50-day moving average coming into play overhead, although the increasingly large gap between the 50 and 200-day moving averages is indicative of an oversold state that increasingly calls for reversal. Volume is still predominantly negative, suggesting lower prices dead ahead. After that we can expect reversal. There was a pronounced bull hammer in silver in the middle of May towards the intraday low of which there is quite strong support- silver may drop no longer than the low of this hammer."
Read the FULL ARTICLE
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