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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 06, 2010, 12:03:17 AM
Phd Kern calls 96 days LONG TERM
Bwahaha

http://www.321gold.com/editorials/kern/kern053110.html

Where I am going I ain't certain
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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 06, 2010, 12:44:54 AM
My latest from Canada 99999 that is 5 nines
They are learning about marketing
But I got it 2% below the price of a Krugerrand in Germany


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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 06, 2010, 12:59:57 AM
The other side


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dharmaeye

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Re: Gold , coins , miners , timing
June 06, 2010, 06:05:11 AM
My latest from Canada 99999 that is 5 nines
They are learning about marketing
But I got it 2% below the price of a Krugerrand in Germany



You........ Do you know what they sell for. Statement not a question as it is usually about 2X melt.
I get crap quality for fair market. 
Do love your pictures.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 06, 2010, 08:24:05 AM
Actually Krugerrands have been selling 10 to 8 % ask over melt by Belgian exchange agents and 6 to 4% bid for the last few weeks
I got that canadian coin from a german forum
Ebay Germany has them for 10% more
Maybe you should import from Germany  ;)



Where I am going I ain't certain
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All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 06, 2010, 09:16:12 AM
99% of my pictures are now made by a Canoscan8800F scanner using the Silverfast program and contrast and color is touched up when needed in photoshop CS3 full version
Photoshop also makes the "forum" versions of the 400 to 600 dpi scans
On smaller coins I go to 1200 dpi .

I got a Canon 30 D thru the lense camera but I am too lazy to set up the lighting arangements most of the time ( 3 full spectrum light lamps)

I just got a batch of Marianne Roosters most in MS from Paris for melt plus 2% . I think I am now bien servi . I was asking for the restrikes and the guy did not have enough restrikes so he filled out the order with originals  ;D These are the 20 Francs type which are pricewise ok . Latin Union standard of 5.8 grams gold per coin. I never had a 10 Francs
but I may be tempted to look into a batch of those. Still got a sheet of 5 gram feather bars from 30 years ago  ???

Only looking for two elusive "coins" now
One is the Oriana bar from Australia the other is the "petite danseuse" from Monnaie de Paris which used to be on ebay Germany week after week ; but I was to busy with other
coins at the time.

I also found a true MS for the MS with slide of Marie Jeanne which I have for years.
Sadly only junk and overexpensive coins are now on ebay most of the time

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 06, 2010, 04:45:09 PM
I bought a Prodigy HD2 Advanced sound card as I'm always trying to improve output from my speakers. The headphones fanatics like this card because it has 3 Op-Amp sockets where you can remove and replace them with a myriad other Op-Amps to select from to customize and improve your listening experience. Works on the output for my 2.1 speakers of course too. Stock card and Op-Amps sound pretty damn good but ordered others that were suggested. Found them cheapest in Hong Kong via Ebay, gotta wait three weeks shipping time though.

PYW, you might want to send me some of those recent buys so I can have a closer look at them.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 06, 2010, 11:30:17 PM
Whadda
My wife sent the coins to the jeweler for polishing so they are ready for wearing when
gold gets worthless  :P

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Offline OldDan

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Re: Gold , coins , miners , timing
June 07, 2010, 01:48:14 AM
It would appear that Greece made it look so easy, that now Hungary is going to give it a try.  Who's next?

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 07, 2010, 03:08:42 AM
It would appear that Greece made it look so easy, that now Hungary is going to give it a try.  Who's next?

Hungary is not Euro country .It is the problem of the people that bread Hitler . I mean
Austrian banks who lent too much to Hungary  :)
They allready were bailed out a first time : but the new government found the old government lied about the state finances is being said  ::)

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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 07, 2010, 03:10:13 AM
Gold shooting up 20$ in 10 minutes

Excerpt from Meatloaf " Love by the dashboard light "

Stop right now !
I want to know that you love me
That you will love me forever and go to 1350 this week

Where I am going I ain't certain
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whadda

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Re: Gold , coins , miners , timing
June 07, 2010, 05:02:35 AM
It would appear that Greece made it look so easy, that now Hungary is going to give it a try.  Who's next?

OD, you might read The Two Phases of the Great Depression. The site is a bit flaky so give it time to load.

PYW, Armstrong cycles target dates and readily admits they are more like turn dates (Bradley?) Almost guarantees something will happen just doesn't know what.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 07, 2010, 09:10:53 AM

Where I am going I ain't certain
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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 07, 2010, 09:16:39 AM
It would appear that Greece made it look so easy, that now Hungary is going to give it a try.  Who's next?

OD, you might read The Two Phases of the Great Depression. The site is a bit flaky so give it time to load.

PYW, Armstrong cycles target dates and readily admits they are more like turn dates (Bradley?) Almost guarantees something will happen just doesn't know what.


I feel a breakout and gap up coming by 16 th of june or a little later
I like this volatility
10 000 dollars up or down on the day are having a beneficial numbing effect
It are only worthless paper pieces  :D and crashable computer numbers  :D
Throw a nuke and the EMP will araise all those zeros on all computers .

We have elections next sunday and the walloon made a major mistake
with their 45% in population they are uniting and ganging up on the 55% flemish
whose main party now wants to get rid of Brussels and Belgium ( Wish this would happen)

Where I am going I ain't certain
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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 07, 2010, 10:09:56 PM
Gold is breaking above 1250 right now

Dharma is parotting me again saying the last cycle was short this one is going to be long
I am still sticking with 16 th june as highest probability and I now tend to think the next cycle is going to
be long .

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 08, 2010, 06:57:08 AM
I'm pretty much all in here. I wouldn't mind taking profits soon to get back to 20% cash. After that a correction or continued run up wouldn't bother me as I look forward to Aug/Sept. Norcini drew in the channels as a guide and he has $1200 for support if it comes to that, it's a extremely bullish outlook for him.

Waiting patiently as world growth is slowing with debt hampering any meaningful recoveries. PMs climbing steadily in the overall picture.

Very quite in California as they work on a new budget. They still insist on spending more than they take in.

I wonder if BV is having any luck charting the regular markets now. I think the manipulations in the mining sector were just screwing with his mind.

If Euroland takes the position the same as the US and projects debt onus forward on generations so far into the future that no one will bother having sex anymore, then this will be the world's longest recovery in recorded time.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 08, 2010, 08:57:27 AM
I think Norcini explained all today
The institutions are playing the game sell the miners (shorting) and buy the physical gold

Also I think he is right that those paper ETF's have conveniently taking away a lot of money that would otherwise have gone into miners

Bottom line ; I think miners are only going to shoot up when they start paying 5% plus dividends with the promise of more to come

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 08, 2010, 09:41:02 PM
Finland is double dipping back into recession

BP is buying the rights to all searchterms on the US oil leak disaster
now their latest problem is that the surface ship is much too small

Where I am going I ain't certain
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All I know is that I'am on my way
 


Offline OldDan

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Re: Gold , coins , miners , timing
June 09, 2010, 01:58:34 AM
Finland is double dipping back into recession

BP is buying the rights to all searchterms on the US oil leak disaster
now their latest problem is that the surface ship is much too small
Could it be that their leak is a lot bigger than they have admited? After all,  they say that the fine imposed will be based on the total amount of oil released........so a little leak isn't as costly as one that they can't even estimate the amount of oil being lost.....

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 09, 2010, 02:07:13 AM
Finland is double dipping back into recession

BP is buying the rights to all searchterms on the US oil leak disaster
now their latest problem is that the surface ship is much too small
Could it be that their leak is a lot bigger than they have admited? After all,  they say that the fine imposed will be based on the total amount of oil released........so a little leak isn't as costly as one that they can't even estimate the amount of oil being lost.....

Of course their figures were as optimistic as jobless data and inflation data
On the other hand I think there is still a transatlantic agreement to limit claims
to 96 million dollars . So in the most likely scenario the US will never see the cost
of the clean up paid back and BP will be taken over by a rival .
Now with the ship full and a presumed half recuperated if you quadrupple this
( guessing only 25% was recuperated ) you get the amount of the leak

Where I am going I ain't certain
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whadda

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Re: Gold , coins , miners , timing
June 09, 2010, 08:14:18 AM
Flow Rate Technical Group member: Severed riser increased flow “far more” than 20%; now likely 100,000 barrels a day
If BP knows the actually flow, they are not saying. And don't confuse barrels with gallons.

Quote
This seven-year week may be further divided into two periods of 3.5 years each, from the two 3.5-year periods in Daniel's prophecy where the last seven years are divided into two 3.5-year periods, (Daniel 9:27) The time period for these beliefs is also based on other passages: in the book of Daniel, "time, times, and half a time," interpreted as "a year, two years, and half a year," and the book of Revelation, "a thousand two hundred and threescore days" and "forty and two months" (the prophetic month averaging 30 days, hence 1260/30 = 42 months or 3.5 years). The 1290 days of Daniel 12:11, (rather than the 1260 days of Revelation 11:3), is thought to be the result of either a simple intercalary  leap month adjustment, or due to further calculations  related to the prophecy.

The Trumpets
6Then the seven angels who had the seven trumpets prepared to sound them.

7The first angel sounded his trumpet, and there came hail and fire mixed with blood, and it was hurled down upon the earth. A third of the earth was burned up, a third of the trees were burned up, and all the green grass was burned up.

8The second angel sounded his trumpet, and something like a huge mountain, all ablaze, was thrown into the sea. A third of the sea turned into blood,

 9A third of the living creatures in the sea died, and a third of the ships were destroyed.

Rapture supposedly occurs somewhere during the trumpet events then.....

The Seven Bowls of God’s Wrath
1Then I heard a loud voice from the temple saying to the seven angels, “Go, pour out the seven bowls of God’s wrath on the earth.” 2The first angel went and poured out his bowl on the land, and ugly and painful sores broke out on the people who had the mark of the beast and worshiped his image.

3The second angel poured out his bowl on the sea, and it turned into blood like that of a dead man, and every living thing in the sea died.


 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 09, 2010, 09:24:44 AM
For chrisake all you need to know is the pressure in the bubble : the viscosity of the oil and
the diameter and quality of the pipe ( presuming you can calculate the counterpressure of the seawater ) and an engineering table should give you the free flow without hurting your brains
25000 times four is 100 000 barrels ( good guestimate )

Where I am going I ain't certain
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dharmaeye

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Re: Gold , coins , miners , timing
June 10, 2010, 01:05:51 AM
GM has been banned on the stools digger. ;D

 


Offline OldDan

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Re: Gold , coins , miners , timing
June 10, 2010, 01:20:58 AM
Some stock holders are now suggesting that like the financial institutions that were too big to let fail, it is now BP's turn to be bailed out by the federal government.  Yep, let good old uncle sam and John Q Public pay for all this gushing oil!  He told them that they could drill there and could have done inspections if they had wanted to check on unsafe conditions.  It's all his fault!!!

The question has been ask, 'isn't BP  as big and important as the Auto manufacturers who got bail out money? Where do you draw the line when the CO doesn't get his bonus at the end of his term or Christmas, which ever one comes first.

 


whadda

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Re: Gold , coins , miners , timing
June 10, 2010, 06:40:14 AM
Pensioners in England are already rolling over in their graves and they're aren't even dead yet.

Oil companies had already lobbied for and Congress passed a $750,000,000 cap for damages for an event(s) such as this.

If BP folds, it's just to get out from underneath the tragedy to reemerge as another entity.

Will anyone ever go to jail for murder (11 deaths), for gross negligence, Doubt it. Will the EPA ban plastic bags while the Gulf fills with oil? Probably.

It's more like, to big to follow the rules.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 10, 2010, 09:54:47 AM
GM has been banned on the stools digger. ;D

I suspected for a time he was surfer doo doo and before that the general aka jackiss and the coin guy

He was allways talking about fundamentals and had it completely wrong on the relation between
intrest rates and money value. When I quoted the intrest parity principle he gave a 30 line convoluted answer as the good politician he was. I got an MBA and I am sure he is just a dumb ass parrot .
dharma  is still quoting everything he reads as his stuff  ;D
I still got 16 june for a high and am curious . I am missing 17 days that have to be made up this cycle or next cycle .

In the meantime it is clear doc asked his loyal troops chicago bear and K to post on the goldforum to fill pages  :D

Where I am going I ain't certain
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whadda

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Re: Gold , coins , miners , timing
June 10, 2010, 06:18:59 PM
I still got 16 june for a high and am curious . I am missing 17 days that have to be made up this cycle or next cycle .
Those 17 days will be spent with trading houses going against each other and not playing the unwritten game of 'you short spot and we'll short miners.' It'll be every trading house for itself and we'll see what happens at the end of 17 days with the resulting formation.

 


whadda

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Re: Gold , coins , miners , timing
June 10, 2010, 06:39:11 PM
I'm thinking $1222 area is important. Hanging around there at the end of month and it's the usual summer doldrums until the end of August. Back into Norcini's channels and it's a rocket launch.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 10, 2010, 09:39:57 PM
I do not like the action
We seem to be setting up for a 10% move

Where I am going I ain't certain
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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 11, 2010, 01:27:32 AM

Where I am going I ain't certain
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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 12, 2010, 12:32:35 AM
25 th  of June in Vienna one of the largest worldcoins 100 kg gold is being auctioned

Ugly with slide allready

http://www.mmnews.de/index.php/gold/5751-groesste-goldmuenze-der-welt


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Offline OldDan

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Re: Gold , coins , miners , timing
June 12, 2010, 01:52:37 AM
Nice door stop! ::)

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 12, 2010, 01:59:17 AM
Nice door stop! ::)

You do not need a 200 pounds doorstop
and it ain't nice  ;D
If somebody gave it to me I would auction it off the next day  :P

Where I am going I ain't certain
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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 12, 2010, 11:41:38 PM
I spend half an hour gazing at the gold charts in Monthly Weekly and Dayly time frames
Whether the high is in or not I do not know so I still go with 16 th june or later

Last week I sold my South Africans partly . Overbought in all timeframes were Anglogold and Harmony ( I sold some Drooy to get rid of that junk )
So I am now at 5 % cash and waiting anxiously what next week will bring
Because of overbought conditions in all time frames
I will half my  Oceana gold and New gold holdings if possible
which will leave me with free shares on the remaining shares

I read somewhere that a new offering needs high prices next week and that is
fine with me. :D

Where I am going I ain't certain
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All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 13, 2010, 09:12:28 AM
After 180 years uninterupted money transfers from Flemish to Walloons hope has come a step closer in this elections were a surprising 40% of the Flemish voted Flemish
We used to be called ultra right extremists now we are called nationalists and separatists  ::)
At least they sung the Flemish Antem on Belgian Television  :D

Quote
The prospect of division is greeted with anxiety in Wallonia, which is much poorer than Flanders and depends on financial transfers to pay for generous welfare provisions.

In fact Wallonia voted Socialist to get more money from Flanders and Flanders voted for Flanders  :)

http://www.ft.com/cms/s/0/0bf8f528-76f4-11df-ba79-00144feabdc0.html


Where I am going I ain't certain
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whadda

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Re: Gold , coins , miners , timing
June 13, 2010, 06:56:46 PM
I'm watching my portfolio has a whole and it is in striking distance of an inter-term high where it always gets beat up on when I'm making to much money. I watch and wait.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 13, 2010, 08:55:13 PM
I'm watching my portfolio has a whole and it is in striking distance of an inter-term high where it always gets beat up on when I'm making to much money. I watch and wait.

I make a whole portfolio status every saturday and make a graph by hand with a 4 week moving average by hand and a fictive chart calculated as if everything I have would have been physical gold . I do this by hand to make me think about the distance between the points etc.
I am at an all time high and yes I always get corrected severely when I am that high . The shadow portfolio of pure gold in euro is since 10 years outperforming my real portfolio ; whatever I try .
Problem is that only 2 of the 11 miners I got are overbought and so raising cash is ;as allways; a tough decision what to sell .
This week may be the cycle high for gold and miners

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 13, 2010, 08:57:08 PM
There were like more then 15 political parties to choose from.
The next government wants to change the constitution for which they need 2/3 rd majority
This means a government with 6 parties ( 3 flemish and 3 walloon )
I think this means a lot of trouble again

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 14, 2010, 03:53:37 AM
Sold a third of Oceana gold 3.16 cad to raise cash
Oceana is overbought in all timeframes

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 14, 2010, 06:35:02 AM
Sold a third of Oceana gold 3.16 cad to raise cash
Oceana is overbought in all timeframes
Your miner is off the radar for the most part even though somebody has been interested in buying it. Fundamentally it should reach a plateau here soon (like CKG.V has) as they lack money to operate existing mines (mothballed). They cleared their hedge book but if they don't continue the output pace investors will look elsewhere.  Another 1/3 sell would make for a nice nest egg while you wait for the moving average to get tested again.


 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 14, 2010, 06:57:28 AM
Sold a third of Oceana gold 3.16 cad to raise cash
Oceana is overbought in all timeframes
Your miner is off the radar for the most part even though somebody has been interested in buying it. Fundamentally it should reach a plateau here soon (like CKG.V has) as they lack money to operate existing mines (mothballed). They cleared their hedge book but if they don't continue the output pace investors will look elsewhere.  Another 1/3 sell would make for a nice nest egg while you wait for the moving average to get tested again.

Sound advice but
The momo in this miner is/was incredible
This is my third sell in three weeks and I made 96% in a few months time
The remaining shares are now at 39 cent bookvalue
The value kept going up so fast that after three sells I still got a full position dollarwise

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 14, 2010, 07:01:10 AM
Looking at the gold action today I have to take into account the high for the cycle may allready be in or the high will be later then 16 th of june
The damage today I think precludes a high this week ( and I still got 17 days missing which can go in this or next cycle )


Where I am going I ain't certain
Where I am going I don't know
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whadda

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Re: Gold , coins , miners , timing
June 14, 2010, 07:28:10 AM
Miners not acting in concert. No altogether lows or highs just this continued 5 years of consolidation, so it seems. I don't know what this $1222 area is all about but it is acting like a magnet. I think a push to the $1250 area is in order before the end of the month then have to check the formation at that time for telltale signs of the next move.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 14, 2010, 08:02:32 AM
The formations are getting shorter and shorter in time
This is going to resolve in one of two ways

Fall down and test some kind of resistance 1000?

Shoot up and retest breakout .

I still favour the last one

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 14, 2010, 09:05:23 PM
Hold it one week for quad witching

Quote
This is one of the big four 'quad witch' weeks for US equities, and Goldman is bring out some IPO's including the CBOE. So as previously said, we'll look for shenanigans on light volumes as the trolley dodgers try to stay out of the way of intermittent headline risks and keep that perfect trading score going.

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 15, 2010, 04:28:54 AM
Contingency plans of the big oil companies all come from the same computer
with the same supperficial adequacy
Well they did not lie I think ; all wallrusses in waterworld if there were any should still
be allright

Quote
An exasperated Edward Markey, who chairs the subcommittee on energy and environment, added that like BP, three of the companies had described in their plans their ability to protect walruses in the Gulf – a marine mammal that has not inhabited the region for “3 million years”.

http://www.ft.com/cms/s/0/307a8cf8-7885-11df-942a-00144feabdc0.html

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 16, 2010, 09:08:56 PM
Latest update on gold
The high was in on 8.6.10 or more likely to come
I am trying out a secondary very fast stochRSI indicator for very short term action
I am looking forward to a rocket shot thru 1250$ upwards and then a retest in the
next cycle
Did you notice dharma suddenly went to Gann without any timing whatsoever ?


Where I am going I ain't certain
Where I am going I don't know
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Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 16, 2010, 09:11:53 PM
A stress test of all euro banks was carried out
Spain toke unilaterally the decision to provide the test of the spanish banks
This forced the hand of the ECB to promise to provide the test of all banks France and Germany included

This is going to be a bloodbath for the "bad" banks

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 16, 2010, 09:13:07 PM
The US the weakest country on earth ?


Where I am going I ain't certain
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All I know is that I'am on my way
 


Offline OldDan

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Re: Gold , coins , miners , timing
June 17, 2010, 02:12:10 AM
Latest update on gold
The high was in on 8.6.10 or more likely to come

8/6/10 to 8/15/10 looks good to me, and several others.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 17, 2010, 02:19:20 AM
Latest update on gold
The high was in on 8.6.10 or more likely to come

8/6/10 to 8/15/10 looks good to me, and several others.

Sorry
I am using the european convention which means 8.6 is 8th of  june and the high is passed or very near for the next 107 days

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 17, 2010, 02:21:25 AM
@ whadda
Toke your advise
Sold 1500 Oceana gold at 3.33 cad
I got now 4000 left at zero price and 8.5% cash

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 17, 2010, 08:02:38 AM
Sold some Kinross for good measure at 19 cad
My 107 days are up so I am slipsliding out of some positions

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 17, 2010, 11:26:24 AM
Just been watching and waiting. Bought a new fridge for clunkers mail-in rebate of $250 towards purchase.

Gulf gets worse everyday, two months before a relief well can even make an attempt. I shudder to think if the well lining is damaged and pumping mud just flows to fissures and away.

The worldwide banking system as a whole is a bad bank with no answers and more despair. The massive amounts of bailout funds injected everywhere does no good if the consumer doesn't want/need/can't afford it. Banks stuck with a bunch of linen no one wants except the ones who trade against them.

When you start listening to me, we are both in trouble. Cash is good, only for the short term. We have been here before where just when you think a run inevitable, a slam down occurs. Opex will be scary tomorrow-Friday.

Waiting for a reaction to the $1250 area. Need more of a formation than just a candle up. We shall soon see if Norcin's channel bottom becomes resistance or support.

I'm ready to unload the laggers and re-balance into better performing miners plus take some profits for pocket change.

Spot chart show massive consolidation with a good risk/reward to the upside. Usually, spot gets pounded (esp. this time of year) but manipulators getting canceled out with strong buying lately. One day take downs don't mean much anymore. NG NGD RGLD not in a runaway-breakaway mode yet, that's a good thing.

[The bid D is a lost cause. Need BV back to chart some crowd mentality to confirm overall sentiment.]

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 17, 2010, 09:52:47 PM
I got three types of mines
1 those with overbougth slow stochs in month , week, dayly timeframes (selling them)
2 those with weekly going down ( keeping them )
3 those with all timeframes going up (keeping them)

I got 11% cash now
Made ultrashort daily slow stock chart and it seems I still favor a breakout over 1250 and
a retest in the next cycle of 107 days
By monday I will have recuperated 5 of the 17 lost days allready  ;D

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 17, 2010, 11:52:04 PM
wake up whadda

Gold is trying to break 1250 for the fourth time  ;D

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 18, 2010, 12:27:43 AM
The goldmove lasted 5 minutes and look what those reporters make of it  :(

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCikJUwsKPJ4&pos=3

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline OldDan

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Re: Gold , coins , miners , timing
June 18, 2010, 02:33:02 AM
Gold was still looking good yeasterday! What will the end of the week bring?????????? :-\

 


whadda

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Re: Gold , coins , miners , timing
June 18, 2010, 04:19:44 AM
Patience pays off, shorts in a panic.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 18, 2010, 06:14:30 AM
Gold will go higher no doubt but for 10 years now my three cycles into a year have existed
We have like 15 calendar days left statistically in this cycle and the summer months before us . So I hope we get a 1350 $ and a retest but I am not all that sure
( the 15 days are what the previous cycle was short and it has to add somewhere now or later this year)

I hope the HUI finally starts to get going .
There is a good chance next week is celebration week for gold and miners .
I am not selling any physical though only paper.

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 18, 2010, 06:25:13 AM
My wealth lab program says HUI 520 by next week Friday
( but then again these targets have been wrong often since they are short term and statistical)
They only provide me a guideline in timing ( it is now running on 111 days which end monday but a shortterm 15 days which have 6 days left in the upphase)

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 18, 2010, 07:00:53 AM
Sold some new gold
Now 14% cash

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 18, 2010, 07:48:23 AM
NG and NGD both gaped so a return to those gaps are likely. It's not uncommon for NG to run around 30% during a move like this before it pulls back. I'll settle for a 20%. Sold 1 stock today WDOFF.PK for a couple bucks profit that wasn't responding to the move.

 


Offline TwoShadows

Re: Gold , coins , miners , timing
June 18, 2010, 08:27:16 AM
Just a quick RECORD HIGH Today! Need I say more as the end, in my humble opinion, is NOT near! Climb baby climb! ;)

Terry
Knight #1

"Life's a Lemon, I want my money back!" (Meatloaf)
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 18, 2010, 09:09:13 AM
NG and NGD both gaped so a return to those gaps are likely. It's not uncommon for NG to run around 30% during a move like this before it pulls back. I'll settle for a 20%. Sold 1 stock today WDOFF.PK for a couple bucks profit that wasn't responding to the move.

I know pretty much what I want to sell next week
Only GBG great basin gold I do not know : it is a sleeper but looks like having good
chart potential.

I can see 5 more days of record highs  ;D

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 18, 2010, 11:45:52 PM
Made my weekly statistics and I really don't like the way volatility is gone from my portfolio total for
four weeks now

I fear a big move coming and I fear it is temporarily down  ???

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 19, 2010, 01:58:39 AM
Finally found an unblemished Marie Jeanne after 7 years


Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline TwoShadows

Re: Gold , coins , miners , timing
June 19, 2010, 02:23:09 AM
My kind of woman!

Terry
Knight #1

"Life's a Lemon, I want my money back!" (Meatloaf)
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 20, 2010, 12:22:16 AM
Sundays give a new weekly gold chart
One to two weeks more upside are possible ( but not guaranteed)
I still favour a brakeout with retest but am now ca 13.5% in cash


Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline OldDan

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Re: Gold , coins , miners , timing
June 20, 2010, 02:22:36 AM
Bill (longnine007) sends his reguards and hopes all you'r charts are up to date and bringing you the prices you want.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 20, 2010, 03:36:18 AM
Bill (longnine007) sends his reguards and hopes all you'r charts are up to date and bringing you the prices you want.

I miss his well informed and acid or songtext comments very much.
The next 14 days are going to be a make it or break it for the next 107 days
so my charts are now made daily but the break is so close it is getting down
to watching one minute charts versus hourly charts and look for patterns or divergencies

Tell him to get his lazy ass into gear and get a 300$ computer and to post again. >:(

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 20, 2010, 01:38:00 PM
On your chart the angles look tame, short and shorter term. Easier for manipulators to attack but just as easy to continue on up. (short term). Sure looks like a trip to $1300 plus is imminent before falling back. I'll sell more laggers first before I start taking any real profits.

Haven't read up on GBG lately, I'll get around to it of course all I look for is if their reserves are growing and how or when production is going. If a miner is producing they better have the same or higher future production rates mapped out already. The bet is on if they are lying or not besides any unknown circumstances.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 20, 2010, 09:23:35 PM
Gold had a new high this european morning before the london am fix and then
wash bashed down 8 dollars to 1257

Le Café is saying a very large open intrest was bought last friday
The enemy laying a trap at some price to pull the drain plug
http://www.marketwatch.com/story/gold-bugs-giddy-but-some-get-cautious-2010-06-21?siteid=rss&rss=1

I made a new chart this morning , we seem to be getting very close to a shot up or
a move down to end this cycle ( we are now day 112 with 17-5=12 days still short
on the yearaverages)
We need at least 1300 for 1250-1170 range to stand a chance as support I think




Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 21, 2010, 07:05:45 AM
Well, I forced to sell early and sell often today. Wasn't so bad. Dumped most all those underperformers took profits in all things black before spot shockn'awe hits the miners. This is more like it for the summer session. If a good reaction occurs in the sector then I'm buying back in (gifts), I can wait for the August movement, it's not that far away.

Short term channels worked fairly well even though the manipulators jumped all over it, now longer term channels back in play.

I sold all of Rainy River, it almost moved two bucks since I bought it a month ago. It's on my shopping list to get back in.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 22, 2010, 05:43:48 AM
All oscilators and indicators are lagging . Only the RSI can be coincident or forward looking
With all the shenenigans of expiration week I will  wait till friday to make up my mind
Last high in this cycle or a new cycle . Longterm of course of no intrest but for selling some shares and buying back the same or others ; possibly a 10-20% boast on the shares traded .

If I don't change my mind tomorrow is day 114  :)

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 22, 2010, 08:33:42 AM
I have cash so I'm going, please crash the miners now. Put in low ball 30 day bids for my favorites to add to HL RRFFF.pk GSS NG and NGD

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 22, 2010, 11:46:30 AM
I have cash so I'm going, please crash the miners now. Put in low ball 30 day bids for my favorites to add to HL RRFFF.pk GSS NG and NGD

Untill further notice I am still on the selling side (mentally that is ).
And I keep counting on a new high in the old cycle count which is not out and buried
yet ( but can be so retroactively)

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 22, 2010, 09:11:04 PM
I have cash so I'm going, please crash the miners now. Put in low ball 30 day bids for my favorites to add to HL RRFFF.pk GSS NG and NGD

Gold is crawling up
1256 looks like the line to break upwards
What do you call a low ball bid ? My definition is ema 65 minus 10 %

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 23, 2010, 03:42:21 AM
It now looks a real possibility the 107 days cycle died on monday age 112
I sold some more HMY and Drooy and surprisingly got better prices then last week
Go figure
Now got 17% cash.

I am only eyeing one new gall Lake Shore Gold
I will have to find out if it is a Brewery or a gold mine  :D

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 23, 2010, 05:20:48 AM
I have cash so I'm going, please crash the miners now. Put in low ball 30 day bids for my favorites to add to HL RRFFF.pk GSS NG and NGD

Gold is crawling up
1256 looks like the line to break upwards
What do you call a low ball bid ? My definition is ema 65 minus 10 %

In this case 'low ball' is anywhere below recent gap prices, looking for a spike down intra-day during some panic. Can always change to market pricing at anytime or go fish somewhere else.

 


whadda

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Re: Gold , coins , miners , timing
June 23, 2010, 06:14:56 AM
It now looks a real possibility the 107 days cycle died on monday age 112
I sold some more HMY and Drooy and surprisingly got better prices then last week
Go figure
Now got 17% cash.

I am only eyeing one new gall Lake Shore Gold
I will have to find out if it is a Brewery or a gold mine  :D

I took my trading account to about 50% cash but in the overall scheme of things it is about 15% cash of my entire holdings.

Did you say that the new girl looked good after visiting the brewery???  Or that she would cost you a gold mine????  Or both???

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 23, 2010, 06:44:17 AM
In the seventies anything with the word gold in ran like mad
So there were breweries and others with the word gold in that doubled in price
So it is kind of a joke because the charts look good but I do not even know it
is a goldmine or not  >:(

I have 17% of all my miners in cash and since my trading part was 20% virtually
all trading capital is now in cash

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 23, 2010, 06:26:28 PM
Lakeshore Link
Sorta for real, they have a processing plant and some big equipment......

The report reads more like an advertisement. They claim real production near this fall. They are shaft mining the big prize and exploring elsewhere trying to gear up for production. Maybe a million ounces in reserves. Claim at least 7 years worth of mining life so far. Need more funding (doesn't everyone?).

Maybe they hit the motherload at some point in time, GG gave up and sold them their land (reminds me of the Sinclair purchase), you just never know though what might happen.

Still, I rather like NG myself if you want to look a little further into the future for producers.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 23, 2010, 09:23:59 PM
Lakeshore Link
Sorta for real, they have a processing plant and some big equipment......

The report reads more like an advertisement. They claim real production near this fall. They are shaft mining the big prize and exploring elsewhere trying to gear up for production. Maybe a million ounces in reserves. Claim at least 7 years worth of mining life so far. Need more funding (doesn't everyone?).

Maybe they hit the motherload at some point in time, GG gave up and sold them their land (reminds me of the Sinclair purchase), you just never know though what might happen.

Still, I rather like NG myself if you want to look a little further into the future for producers.

NG has bad chart technical picture so I will wait some
Talking Sinclair ; TNX broke out yesterday with a 7% rise thru horizontal resistance
I do not know what to think of that but have 5.53 cad as a take some profit figure since 3 months now
The beauty of chartanalysis is you take a loss or profit according your pre determined figures and don't have to question why on the shares but only why on your own chrystal ball reading

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 23, 2010, 09:34:37 PM
OK I understand why the charts have the pattern they have
with a production target of Q4 2010

Monthly slowstoch upcrossing above 20%

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 23, 2010, 09:37:26 PM
Weekly upward cross starting from 40%

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 23, 2010, 09:41:17 PM
Daily : complete indecision for 2.5 months

65 and 200 ema flat

No momo but this is a potential sleeping princess


Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 24, 2010, 05:40:12 AM
Yeah, you are not to question mob mentality when charting. It is what is. Highs and lows.

Rainy River in Canada (RRFFF us) took a partner in Northern Superior Resources Inc. (NSUPF.PK) who bought some Lake Shore property as Lake Shore was raising cash.[See they are all interconnected in some way] Rainy River should be on your watch list maybe SUP for well managed companies with reserves and a good future.

I sold Rainy River except 50 shares (I want to be on their mailing list) and now waiting for a pull back. I'm in no hurry for the next couple of months.

Only the producers are holding up here like HL and the big boys as my pathetic PMPIX is holding its ground. Long shots take years to develop but producers are now.

 


whadda

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Re: Gold , coins , miners , timing
June 24, 2010, 06:11:22 AM
OK I understand why the charts have the pattern they have
with a production target of Q4 2010

Monthly slowstoch upcrossing above 20%

I am proud of you PYW, you actually projected fundamentals into a chart.

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 24, 2010, 06:13:01 AM
Kinross and Yamana have been positive all day ( I once used to like them very much so I
am still stuck in too many shares )

It is encouraging that HUI is up whilst DOW is down

I figure that when the new cycle starts 20 to 30 days will see the relative bottom
So I figure buying end of july or first half of august . But lets first see we do not make
new highs next week and then figure out what kind of reaction we are going to get .
Full moon is coming  ;D

I do not pay capital gains taxes but they rob me blind on purchase and sales cost and taxes and moneyexchange cost . So anything on pinksheets is out since I pay allready 2% on a roundtrip plus 1.8% dollar exchange cost .

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 24, 2010, 06:17:47 AM
OK I understand why the charts have the pattern they have
with a production target of Q4 2010

Monthly slowstoch upcrossing above 20%

I am proud of you PYW, you actually projected fundamentals into a chart.

You know I got an MBA from the Northwestern Univ ( I believe called Kellogs now )
My major was psychology and my minor investments
However it is a waste of time to read all the hogwash . What you really want to know is not in print most of the time . So I really believe charts tell all most of the time if you also have a degree in advanced statistics . I am also an Engineer from the University of Louvain and statistics has been my minor and hobby all my life . I earned my keep as a chemical plant contruction manager  :)

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 24, 2010, 06:20:45 AM
That is the whole point of pinksheet miners, hoping they get listed on the big boards while you are holding or get bought out.

Adding back some NGD now just in case......

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 24, 2010, 06:29:12 AM
NGD is in limbo
Fibbo and downward trendline at 7 candollars
So I wait for the breakout and if it comes close to 7 next week I sell to buyback later

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


whadda

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Re: Gold , coins , miners , timing
June 24, 2010, 06:54:07 AM
Quote
You know I got an MBA from the Northwestern Univ ( I believe called Kellogs now )
My major was psychology and my minor investments
However it is a waste of time to read all the hogwash . What you really want to know is not in print most of the time . So I really believe charts tell all most of the time if you also have a degree in advanced statistics . I am also an Engineer from the University of Louvain and statistics has been my minor and hobby all my life . I earned my keep as a chemical plant contruction manager  :)

My brother and his wife met in the chemical plant they worked at. She was a chemical major (4yr) and he was never schooled properly but stills runs the batch plant where they grow bacteria (at one time they harvested kelp off the coast here in San Diego and processed that) that produces agar used as an additive in just about everything. He still works there and she went on to teaching at the high school lever after she hit the glass ceiling of promotions for women at the plant. She just walked for a Masters in school administration to help ascend to the ranks of overseer in school networks. Almost doubled her pay just for getting a Masters and staying a teacher.

Not to worried about NGD just bought it back about for 30 cents less than I took profit for.  

 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 24, 2010, 07:03:39 AM
At one time I was environmental responsible  for a kelp gathering plant in Scotland
They extruded the ingredient with chemicals and then pumped the rest back 2 miles far into the sea . They were also bidding on a site in Iceland . That was like 1995 since I was fired in 1996 as being too expensive  ;D
My glass ceiling was that I was too honest and too outspoken  >:(
I did not belong to the old boys club  :D

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 24, 2010, 11:10:57 PM
Normally I agree completely with godmodetrader and even have their prognoses before they have it  :D
But this time I think I have 50% chance of being right we first get a correction instead of
shooting straight up to 1400+
Next week should tell


Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 24, 2010, 11:35:04 PM
Quote
After spending months crafting legislation, lawmakers pushed through a last-minute deal on what they termed the most challenging part of their task -- establishing for the first time a regulatory structure for the $615 trillion over-the- counter derivatives market. 

That what may end the world is worth only a last minute effort ?  ???

http://noir.bloomberg.com/apps/news?pid=20601070&sid=ad5ElcZekFJQ

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 25, 2010, 02:51:44 AM
Several months ago ; Germany suggested Greece sell islands to pay debt
Today the Flemish Economic Times announces Greece is going to sell some of its
6000 islands  ;D
This is a must for every rich boat owner . A Greek Island  :D

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 25, 2010, 03:28:23 AM

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way
 


Offline Paint Your Wagon

Re: Gold , coins , miners , timing
June 25, 2010, 03:46:14 AM
My short term statistics are getting bi-nodal

Either the short term high is in last monday or we get the short term high next tuesday wednesday

But the only thing that amazes me is that Italy is out of the Worldcup and the US that cannot pronounce english football is IN the next round of the Worldcup

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way