Gold , coins , miners , timing

[Paint Your Wagon]

Thank god I got oceana
only New gold and Lake shore did also better then HUI since the bottom in 2008
Novagold  not so hot ; anglogold restposition and Kinross definitively going out

[Paint Your Wagon]

They used to call it off market now they call it dark pool , how sinister

http://noir.bloomberg.com/apps/news?pid=20601087&sid=aj.vPHz_KQxE&pos=6

[whadda]

PYW: Have you read Armstrong's latest? He likes the FSE in the long run. His work is becoming clearer as markets set themselves up. He looks for market highs towards 2016 after this near term correction plays out as a move from government debt to corporate debt comes into vogue.
I'm think'in somewhere between now and then gold should correct 30% after a nice run up. Usually takes a 1 1/2 to 2 years to correct when that happens.
It's a long bull market in miners. US housing probably won't recover until 2025 and pricing due to inflation doesn't count.

[Paint Your Wagon]

I am counting on gold going up 50% now
The 30% correction will come later

[Paint Your Wagon]

With expiration on us on thursday Golden Sac should have been more discrete with what they say
Gold went virtical

Gold and silver spot prices went straight up in a 'flight to quality' on the news from Goldman Sachs that the Fed will have to engage in substantial quantative easing. This analysis received a boost by a much worse than expected existing home sales number, with 3.83 million units sold versus 4.72 million expected.
 

[Paint Your Wagon]

Amazing Grace! How sweet the sound,
That saved a wretch like me.
I once was lost but now am found,
Was blind, but now I see.

[whadda]

Looks like the big boys flipped and went long. There was really no option (so to speak).

[Paint Your Wagon]

Looks like the big boys flipped and went long. There was really no option (so to speak).

I am not sure the real bad boys are long , they probably are in firefighting mode but losing to
the banks that are long
Tomorrow is going to be an interesting expiration day .

My best performer for the day is New Gold sofar . I still got money to buy a few more shares 

[whadda]

Ya did good on NGD to pick some up when it took a tumble.

That's why I'm only 20% in long shots while the balance is mainly producers.

[Paint Your Wagon]

Ya did good on NGD to pick some up when it took a tumble.

That's why I'm only 20% in long shots while the balance is mainly producers.

I wonder whether they will cap at 1240 $ today

What are your long shots ? Last I had was GBG now taking of

[Paint Your Wagon]

Made my last programmed buy of Lake shore gold
will keep the 6% cash for emergencies

[whadda]

My successful long shots so far are...Silvercrest Mines Inc., Sabina Gold & Silver, Orko Silver Corp., Yukon-Nevada Gold  Corp. I have Pacific Gold Corp. that hasn't gone anywhere and recently added Rainy River to the list. Some are exploratory, some are about to enter production and all have some kind of known reserves of varying amounts already on the books. Most are interconnected with other producers, as in partnered.

NG I consider a long shot because it isn't producing. GBG has to be moved over to the producers now. CGC, I have some but is probably a takeover candidate since it is constantly beat up on and Campbell Resources Inc. has been going backwards since I bought some.

[Paint Your Wagon]

They kept it below 1240

My best shots for the moment are GBG, LSG and TNX
I dropped the last share of Anglogold today ; so for the first time in 40 years I got no SA shares 

I am planning to get out of K and NG next

http://top40goldstocks.com/top-40-index.html

[whadda]

With crowd mentality you would probably have better luck trading SLW.

NG I would trade but not clear the deck of it. That one has the most potential of them all.

I'm looking for a run up in gold but not as high as one might expect at least not this year. Trading the highs will be even more important when they arrive.

[Paint Your Wagon]

With crowd mentality you would probably have better luck trading SLW.

NG I would trade but not clear deck of it. That one has the most potential of them all.

I'm looking for a run up in gold but not as high as one might expect at least not this year. Trading the highs will be even more important when they arrive.

The next high probably is not a major high ; RSI 50 and MOM week will tell together with distance from moving averages . . Slow stochs monthly will only tell WHEN .
I have 5 oct 2010 as end of 107 days cycle and 22 oct 2010 as end of three 107 cycles and nov 2010 as end of the 11 months cycle . ( All three reset on the same high)
So I am inclined to pick the first week of november as the yearly high or an extension of 6 months making it a major hight like 1650$

I am eying Orvana and China gold now and decided to trade Minefinders (not hold as major hold any more ) What do you think of Yamana ? Seems to track Kinross pretty much

[whadda]

AUY and KGC are dividend payers so their price movement is constrained. I'd take AUY over KGC. KGC is buying and selling a bit much and tells me management is not stable. Of course, all miners go up in a bull. Some just faster than others. That's why an index fund of miners doesn't hurt if you put a stop in for the end of the run.

GBG has an operation in SA, it's hard to get completely out of SA.


Took profits on NG and NGD. Remember I'm working the tax angle here in the US.

[Paint Your Wagon]

AUY and KGC are dividend payers so their price movement is constrained. I'd take AUY over KGC. KGC is buying and selling a bit much and tells me management is not stable. Of course, all miners go up in a bull. Some just faster than others. That's why an index fund of miners doesn't hurt if you put a stop in for the end of the run.

GBG has an operation in SA, it's hard to get completely out of SA.

Took profits on NG and NGD. Remember I'm working the tax angle here in the US.

Still no capital tax here in Belgium though the Germans got it by now
KGC has become too big for its own good , interest that arrives after all taxes and bankcosts is a few dollars only . ( I got into K because I had Echo Bay duh )
I know GBG has a mine in SA

I think the train is leaving the station and I will not be selling anything before I think the 2010 high is close or in . oct-nov

I got a MBA in investment and I am not about to pay 1-2% cost per year and 1.5% starting cost and 1.5% exit cost on top of 1% stock market cost and 3% euro to dollar exchange cost for a fucking fund manager's Lamborghini or Porsche.
I got a BMW 320 coupe thank you very much    and I made 12.5% this year sofar

Besides from 7 stocks on you are 90% tracking the index . So with the 9 stock I have I made a tracker index myself  for free  Well I pay myself 2% management cost but my wife does not know  and she is still happy buying clothes every month 

[whadda]

Your management fees are outrageous.

Looking for a quick pullback before the return of traders after the summer vacation ends. I've come to rely on the swings to make a couple of extra bucks or add shares.

[Paint Your Wagon]

Funds available in Belgium normally have 1 to 1.5 % management fees per year and 3 % to get in and out so you have to count 4% the first year
10 years back I had a innovative small companies portfolio for a few years and after three years I broke even and quit funds ( forever )
Due to my Euro 's I still got a 3% roundtrip cost but no management cost and no deposit cost

I have been quite successful of late in selling shares at their exact high but still am buying back too soon . I have used the opportunities to get out of shares and get into "better" shares . My main trade success is in Minefinders and New Gold every 3-4 months

[dharmaeye]

New Canadian ETF in town - ZJG.to
http://www.etfs.bmo.com/bmo-etfs/holdings?fundId=75750

[Paint Your Wagon]

New Canadian ETF in town - ZJG.to
http://www.etfs.bmo.com/bmo-etfs/holdings?fundId=75750

Thanks I was yesterday looking at Aurizon and Alamos , this explains why alamos is so expensive

[Paint Your Wagon]

My latest
Jean II being Jean Lebon on the first french Franc

[TwoShadows]

Another fine piece of golden art Paint Your Wagon. Isn't it amazing what a little gold can do for art! I appreciate your photos so keep them coming.

[Paint Your Wagon]

Like I said a few weeks ago
The candle for the month of August needs to be high in order
to keep the monthly stochs where they should be
Tomorrows charts will show whether we made it ; but I think we will

[Paint Your Wagon]

Looks like gold is launched for its all time high for the year

[whadda]

Looks like the friends of gold did some chart painting of their own yesterday.

[Paint Your Wagon]

Looks like the friends of gold did some chart painting of their own yesterday.

Yes but whilst the banksters are sleeping europe is attacking 1250 again this morning

[Paint Your Wagon]

Conform my master plan I sold 1/3 Kinross at the 200 ema line
I have now 8% cash for a possible dip next week

[whadda]

I'm overweight HL now.

My miners in a steady climb. No panic, no rush. Smack downs quickly bought into and raised back up.

I don't see where a correction is needed, nothing to correct from.

[Paint Your Wagon]

I'm overweight HL now.

My miners in a steady climb. No panic, no rush. Smack downs quickly bought into and raised back up.

I don't see where a correction is needed, nothing to correct from.

All miners Slow Stoch 6.3.3 dayly are (were) above 80 % and most are working it off by a sideways movement . China gold is allready back to 25% in 4 days . So next week is a good purchasing period for the short term and in view of my cycles for the long term .

This week Tanzanian broke upwards in a 9% day and today Oceana is doing a break upwards . The train is leaving and I do not want to sit in the slow version like K.to

[Paint Your Wagon]

The slow stoch on HUI shows the correction from overbought
The miners themselves are from 80 to 25% depending their own internal dynamics

[Paint Your Wagon]

Kinross just dipped under 80% today at the point of my sale of K

[whadda]

That's the problem with lagging indicators as they can stay high for a month while you wait for them to come back down. Gold and silver readying for a break out to new highs with nothing but clear air above.

US$ breaking down will finally cause the bond market to lose it. Somewhere around 79 should do it.

[Paint Your Wagon]

That's the problem with lagging indicators as they can stay high for a month while you wait for them to come back down. Gold and silver readying for a break out to new highs with nothing but clear air above.

US$ breaking down will finally cause the bond market to lose it. Somewhere around 79 should do it.

They are NOT indicators they ARE oscilators
Subject to confirmation by RSI which is LEADING or COINCIDENT
Bollinger Bands will tell you where you are too and Master Momentum will tell you the sustainability

For the moment Tanzanian , Oceana, and Great Basin Gold cannot be tracked anymore by the slow stochs wich are maxed out but weekly RSI and Bollinger Bands give a good idea where I am

Kinross has bad ema readings and the slow stochs still work ;eg going from above 80% below 80% is a sell signal

Have you noticed all good miners are at or above their 10 day ema ? ( and of course a ema 65 going up and above an ema 200 going up )

Anyway top is oct-nov or 6 months later and a low slow stoch next week may be the last boarding the train op.

3 out of 9 of my miners have now gone ballistic and K is the worst of the lot

[whadda]

 ... You like potato and I like potahto, You like tomato and I like tomahto ...

As far as I'm concerned, they are all lagging because technical analysis can't predict. Even a trend is dependent on what happen 2 seconds ago. It's all a percentage play. The bottom could fall out at any time or a rocket launch could occur. One thing it won't do is stay static.

[Paint Your Wagon]

I have been converted forever to cycles by Seven of Eleven
A cycle very rarely stops ; that is like a snowstorm in july  with freezing temperatures
in Florida . It could happen but .............

I expect to buy whatever corrects to the 200 ema with the 65 ema still moving up
If I remember correctly you sold NGD and NG more then a week ago to get liquid
I am sitting out TNX,OCG,GBG ( up very much but I stay put)  but K definitely has irked me

[whadda]

True, I sold for profits but usually closer to 100% in than 80% in. Finally unloaded most of the mutual funds and loaded up on HL. Added to NGD NG GSS. Trying some long shot NWI.to. Even though I have a starter position in Rainy River, I'm impressed. Still kicking myself for sitting and watching AAU.

I want to sell the highs whenever they come in. Wash rinse repeat.

Norcini worth a listen via JSMineset.

[Local cats must be playing with a skunk, stinks outside]

[Paint Your Wagon]

My strategy and trading is getting better by the cycle. This is necessary since for 5 years I have sometimes to the week predicted the high only to benefit 2-3% on my total investment
I have finally found the courage to kick out AU, HMY, Drooy completely and K is going

For the moment I have 8 full positions and a half K position

How many positions you are handling ?

[Paint Your Wagon]

This is the first time in 10 years I get a strange monthly slow stoch
1 We have finished a first cycle
2 We have a fakeout
3 We will go 18 candles this cycles

Whatever , I am ready

[Paint Your Wagon]

weekly chart progressing conform to a oct-nov 107 days high

[Paint Your Wagon]

Daily stays above 80
might come down or not
I want to stay as close to 100% invested as practical

[whadda]

Charts are toppy, trying to ignore them. This time of year breakouts should/can occur before pullbacks.

Have around 30 stocks between two trading accounts. 10 I consider cores, rest are just long shots in waiting. More dollars in cores but more shares in long shots.

The first ones to unload will be CGC GBG GSS Minco Gold, then HL. Have some strange ones like Baja Mining but that is a rare earth play that I sit on. Still have some BAA and Caledonia and Campbell Resources even some GGN free shares. Light in RGLD. And like I said Rainy River recently, Sabina doing okay but not a large position. Franco Nevada leftovers.....I could easily whittle it down to 15 or 20 stocks to hold but long shots are long shots.

Some stocks are interchangeable like SLW TRE Chesapeake Gold could be held in place of others because they all go up in a bull and makes it more worth trading them than holding them.

[whadda]

The CEO of Rainy River was the past CEO of WGW (NGD acquired). I was reading a WGW mailer yearly report were he had purchased a simulator and 2 programs for a million bucks. The programs mimicked CAT track hoes and those over sized Tonka toy dump trucks. Operators could refine their loading, driving skills and techniques to become more efficient in the simulator without beating up the machinery in the process or learn on the job. He also bought diesel fuel futures when oil was around $30 a barrel. He had to hedge some gold forward for working capital but not enough to jeopardize the company.

Just good management.

[Paint Your Wagon]

My first date is 5 oct then 20 oct then first week of november ( all on gold)
From now on I watch MOM 39 days and Bollinger bands and most importantly
those stocks that hit ema65days plus 25% ( all those give trading sell signals)

I plan to get 20-25% cash at what I think is the right time.

In the meantime I vacillate to buy a starter position this week in China gold or Aurizon Mines both based on falling daily slow stochs going to oversold

[whadda]

People are so funny or maybe just have to much time on their hands. Responses from a post elsewhere to the on going arguments for and against gold esp. you can't eat it.


1. Gold Brick Chicken

zzchicken

Long Island’s Blackstone Steakhouse wins novelty points for integrating gold leaf into a chicken and mashed potatoes dish. They roast half a chicken in a brick oven, puree sweet potatoes, and add 24K gold leaf to finish the dish off.

2. Goldschlaeger

goldschlager

A longtime college party favorite, this Italian cinnamon schnapps is famous for containing small flakes of gold. The volume of gold—less than 0.1 grams per 750 ml bottle—pales in comparison to the volume of alcohol, which is 40%.

3. Gold Leaf Sushi Roll

sushiroll2

Image: What’s Cooking America

Sushi Roku in Las Vegas’ Caesars Palace offers one of the most indulgent sushi rolls on the planet. Appropriately dubbed the High Roll-er, this hedonistic masterpiece contains Kobe beef, lobster, and black truffles, finished off with 24-carat gold leaf.

4. White Truffle Bagel

trufflebagel

Image: Hotel Chatter

If you have $1,000 to kill, and a craving for bagel, why not drop into the New York Westin for chef Frank Tujague’s one-grand bagel sandwich? Slathered with white truffle cream cheese and a special Riesling, goji berry, and gold-leaf jelly, the bagel’s proceeds go towards culinary school scholarship money.

5. The Golden Opulence Sundae

zzsundae

New York’s Serendipity http://www.serendipity3.com/main.htm sells the Golden Opulence Sundae, a chocolate sundae covered in 23-karat gold leaf, suffused with gold dragets, and served with an 18-karat gold spoon that diners can keep. The price? A record-breaking $1,000.
6. Gold-and-Diamond Chocolate Cake

zzchoccake1

Image: Reuters

Manila entrepreneur Angelito Araneta Jr. plans to sell a chocolate cake covered with 24K gold leaves and small diamonds for roughly $2,500 a piece. The cake is marketed towards men intending to propose to their girlfriends. We think you’d be just as well off giving her $20k, the price of an 8 piece cake, on gold credit cards and letting her go on a shopping spree. That will surely win her heart.

7. Gold-Covered Wedding Cake

zzwedding

A British couple covered their wedding cake in edible gold leaf. Unlike some of the other treats on this list, however, the gold-covered wedding cake was relatively cheap: It only set them back 50 pounds.

8. Gold-Infused Champagne

champagne-gold-flakes

Abu Dhabi’s Emirates Palace offers a 24K-gold-infused rose champagne. One 3-liter bottle costs $2,995.

9. Gold-Sprinkled Capuccino

zzcapu

Image: Roy Backstrom/Flickr

The Emirates Palace, creator of the gold-infused champagne mentioned above, also sells a $25 cup of cappuccino topped with 24-karat gold dust sprinkles in place of cinnamon.

10. Caviar

zzcaviar

It isn’t infused with gold, like this imitation caviar , but Almas’ $49,000+ caviar, harvested from a 100-year-old sturgeon in Iran’s section of the Caspian Sea, makes up for the fact with its 24K gold packaging.

For images of the various dishes.....

http://www.bing.com/images/search?q=gold+foods&FORM=BIFD#focal=d9ac2f3a051df9d9651a69d641478d86&furl=http%3A%2F%2Fcomeauxscajungold.food.officelive.com%2Fimages%2FSANY0106.JPG

41 posted on Sunday, September 05, 2010 10:23:48 AM by bert (K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming)
[ Post Reply | Private Reply | To 2 | View Replies | Report Abuse]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

[Paint Your Wagon]

Allready 40 years back my wife was creazy about Bols companies Goldwasser
It was a sweet 40% alcohol with floating gold leaf in it
And yes you can eat gold

My brother once had a sea aquarium and the fishes needed a solution containing gold because the ocean is the largest gold mine in the whole world

[whadda]

PYW: Since you live in a oppressed state you should be able to appreciate this news article but the comments are better.

Armed woman scares away carjacker at La Marque Walmart

[dharmaeye]

Nenner's chart looks like end of November is the bottom of XAU.

[Paint Your Wagon]

Nenner's chart looks like end of November is the bottom of XAU.

This would be orfully close to my top of oct or first week of november but anything
is possible

In the meantime GBG gave me another close to 10% today

[Paint Your Wagon]

Nenner's chart looks like end of November is the bottom of XAU.

Do you have a link to the latest chart ? without having to listen to audio ?

[Paint Your Wagon]

Bought a starter position in ARZ at 6.80 cad
Cash now down to 5%

[Paint Your Wagon]

A few more days of (sidewards) correction and then BADABOOM as the nice girl in the film the fifth element says

[Paint Your Wagon]

BADABOOM

[Paint Your Wagon]

Not long ago they asked us for money for food for Bangladesh
Now they are buying IMF gold ( with the food money ? )

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Business/11-Sep-2010/IMF-to-sell-400m-worth-of-gold-to-BD

[dharmaeye]

BadaBoom now - Resident Evil

[Paint Your Wagon]

She called herself Leeloo and BADABOOM . BIG BIG BADABOOM where her first words in English
She was ready to take the plunge
Two years later she played Joan of Arc in full knight harnass

She is Ukrainean
http://en.wikipedia.org/wiki/Milla_Jovovich

[Paint Your Wagon]

It is clear in Resident Evil she learned to slouch 

[whadda]

Looking at last year's time frame this consolidation could go on for quite a bit longer. Manipulators have things under control so far except maybe the lows.

[whadda]

Not long ago they asked us for money for food for Bangladesh
Now they are buying IMF gold ( with the food money ? )

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Business/11-Sep-2010/IMF-to-sell-400m-worth-of-gold-to-BD

The IMF automatically awards (developing) national economies for attaining certain thresholds. I guess it doesn't matter how they get there.

[Paint Your Wagon]

Looking at last year's time frame this consolidation could go on for quite a bit longer. Manipulators have things under control so far except maybe the lows.

Their control will end last day of november or 6 months later
It is very difficult to defeat long wavecycles
Last year they brought it a month foreward in a runaway buying spree : so that data
is not typical .
I proceed with a top between 5 oct and first week of november as basis

[Paint Your Wagon]

Hehe
Our Flemish new housemother Kim Clijsters won the tennis game
And the Russian complains she was not given a chance 

http://noir.bloomberg.com/apps/news?pid=20601079&sid=aW7DsuaNL7XY

[TwoShadows]

Nothing can ruin a career faster than doing a little crying out loud. Nobody likes a spoiled cry baby!

[Paint Your Wagon]

Now it should happen
Month, week, dayly cycles pointing up

[Paint Your Wagon]

with 20/20 vision on the past it was a perfect 50% fibo retracement

[Paint Your Wagon]

I wish seven was around
This Gann picture is fascinating to say the least
If we can hop the fourth line we are back in business

[whadda]

Spot might have made a new high but most miners haven't. The whole sector is still off the radar.

Wait and see what Norcini has to say, he's very good short term.

[Paint Your Wagon]

Spot might have made a new high but most miners haven't. The whole sector is still off the radar.

Wait and see what Norcini has to say, he's very good short term.

I like it off the radar . Gives me time to reposition my miners.
I still believe the years high is coming oct-nov
I am now at 2.5% cash

[whadda]

About thousand dollars left in trading cash for me. Last night I bought at market more HL even though I knew it would gap on open and it did.

[Paint Your Wagon]

I redid all my mathematical calculations and the high of gold should be october 14 th
With a 50% increase for the move

Since I am crazier then Sinclair I will not tell anybody ; not even myself 
If I am right on one of the two I still would be happy

Can you believe the only miner that went down was the one I last bought
Aurizon  And gold in euro was hardly up 

[whadda]

Like I bought a starter positions in NWI.to and it's been full steam ahead-backwards ever since. By the time I get around to some miner it usually already made a move. That's why only 20% of the portfolio is in long shots. Doing fairly well elsewhere among that 20%.

Voters in the US are getting their hopes up with a new breed of Republicans (wannabe conservatives) winning spots on ballots everywhere at all levels to run against a dying breed of Democrats (socialists) but alas some things never change in November even if careers politicians are thrown out because the debt is to great and growing by the minute.

Had 2 $5 options on NG and exercised 1 today just to make the guy who sold it to me cough up shares. Pretty much worked out that I bought options and waited to roll mutual fund money into them for payment. Basically, could have had 100 free shares plus a hundred bucks spending money. I think I'll keep the other one though.

Had a NXG fanasty option....$15 wasted.

[Paint Your Wagon]

Belgium has still no government after 3 months of negociations
A 7 party government with the flemish wanting their due since 1830 is an impossibility
In the past the flemish allways caved in but now they are determined not to give 1.2 billion euro to brussels . The walloons threaten to seceed ; promisses ,promisses . They would secede and give flanders all the stateowned debt , as if now we are not paying all the state owned debt of belgium as it is

I feel a monster move in gold coming for my cycle high 

[Paint Your Wagon]

and yet again I was faster then godmodetrader
I have beaten them consistently for 5 years now 

http://www.godmode-trader.de/nachricht/,a2302931.html

[whadda]

Here you go PYW since you are fascinated by guns (probably because you are not allowed to have any).
Teen fires machine pistol, flees with 2 companions

Is that a machine pistol in your shorts, or . . . . ?

[Paint Your Wagon]

Here you go PYW since you are fascinated by guns (probably because you are not allowed to have any).
Teen fires machine pistol, flees with 2 companions

Is that a machine pistol in your shorts, or . . . . ?

Wasn'tit Freud or so that said a gun is a phallus symbol ?
( the Freudian slip in the first word was deliberate 

[Paint Your Wagon]

Ok
I redid all my statistical calculations and have two centers of a probable high for the goldprice this year ( they call that bimodel stats )

First is 5 october with a descending probability for a short time after the 5 th
Second is 14 october with a cumulative rising probability after the 14 th
So let us say I now work with 5 oct to first days of november as peak period but
focussing on 5 and 14 with all indicators and oscillators

[whadda]

It really depends on how fast and how high this moves goes. A steady climb with no short term blow off spike and the run will continue until that happens. Even then you will need formations like triple tops or rounding down tops to warn of the end of this run, may not happen until some time next year.
So far no real panic to the up side has set in.... yet.

[Paint Your Wagon]

A high for 2010 just means that
A higher high 107 days later is likely and only the first of three 107 cycles

[whadda]

These speakers are no longer in production but are still popular and were made in an export 230v version. Even has a remote.
Klipsch iFi iPod/Computer Speaker

[Paint Your Wagon]

These speakers are no longer in production but are still popular and were made in an export 230v version. Even has a remote.
Klipsch iFi iPod/Computer Speaker

my KEF105 reference speakers have two bassunits and start at 20 Hz on the curve
they can handle double the wattage too ( i tried once and had sore eardrums for a week )

[Paint Your Wagon]

My predictions on gold
High 5 october or 14 october ( first is a sing wave high of 107 days ; second is to get an average of 107 on the three 107 waves of this "yearly cycle" )

Linear chart high is 1320$ plus
My own ema65 plus 25% is 1406$
Logaritmic high is 1625$

I am wishing 14 oct and 1625$ 

Daily chart with gold for two month in a nice channel attached ; upwards blow out of this channel signals the end is near for the year

 

[Paint Your Wagon]

Goldchart linear

[Paint Your Wagon]

Today gold was marking time
( moving sideways in the channel )
Tx to MFN giving me 4.5% though

On the german forum the first have lost their nerve . One is selling YRI
I stay put  I mean I call  Well I mean I just wait for the yearhigh 

[Paint Your Wagon]

There is a proposal on the table ( worldwide ?) to aid the poor by adding a new tax
of 5 cents per 1000$ share trade . Heard this on the TV

[Paint Your Wagon]

GDF Suez an energy giant placed 700 million pound in 50 year notes 

[Paint Your Wagon]

Hehe
Kitco put in 1325 as first hurdle 

[whadda]

Taking of money to pay debt will come in all forms. Just creates another layer of bureaucracy with salaries and nothing gets solved but by bribes.

It's all new territory so anything can happen. Only silver is traveling without fear. First resistance for gold is $1300. US$ need to confirm by staying down. All the miners go up some just faster than others. Spot channel is a good guide, may not apply to some miners as leverage kicks in.

The steady spot channel is narrow for a change probably means conviction.

Interesting times.

[Paint Your Wagon]

Yes interesting times
As I expect a high starting 5 oct I have put two shares on half hourly bars watch
Tanzanian of course which is in a mini parabolic blow off and Great basin gold which
is in the same situation . Oceana gold is not far behind but slow stoch is still comfy

I still got three lousy performers ; K and YRI which seem chronically so and MFN which is more of a trading share .

[Paint Your Wagon]

I allready have a few days a 550 target for HUI
But this time godmode trader really sees it big 

[Paint Your Wagon]

The first Cyber attack occured and Iran may have been  the target
Good ole leaking Windows at a lot more holes then they thought and Siemens
was also in the abused systems category
As collateral victories a lot more computer systems were infected what may
come in handy for the attackers one day

http://www.ft.com/cms/s/2/cbf707d2-c737-11df-aeb1-00144feab49a.html

http://www.ft.com/cms/s/0/e9d3a662-c740-11df-aeb1-00144feab49a.html

[whadda]

The first Cyber attack occured and Iran may have been  the target
Good ole leaking Windows at a lot more holes then they thought and Siemens
was also in the abused systems category
As collateral victories a lot more computer systems were infected what may
come in handy for the attackers one day

http://www.ft.com/cms/s/2/cbf707d2-c737-11df-aeb1-00144feab49a.html

http://www.ft.com/cms/s/0/e9d3a662-c740-11df-aeb1-00144feab49a.html

I was reading if it was an intent to damage then the damage is already done. Could explain the delayed Iran nuke plant start up. This virus is now known and can be scrubbed. Anyone dumb enough to load Windows on an enterprise computer deserves some down time.

[whadda]

.....Just might have to move those doors stops to a secure location.......

[Paint Your Wagon]

.....Just might have to move those doors stops to a secure location.......

American TV viewers seem to buy a lot of junk at high mark up prices
I read 3 boiler salesmen are persued by the SEC ( that would be the first time
I know the SEC is doing something )

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=111682&sn=Detail&pid=92730

[whadda]

I always thought if PYW adjusted his formulas it might sync up better in real time and there wouldn't be those windows that didn't fit in anywhere.

[Paint Your Wagon]

I always thought if PYW adjusted his formulas it might sync up better in real time and there wouldn't be those windows that didn't fit in anywhere.

Too cryptic for me to understand

[whadda]

Yeah, he uses pi too so you'll never know the answer.

[whadda]

A follow up.....Software smart bomb fired at Iranian nuclear plant

[Paint Your Wagon]

I think the gold yearly high is still coming
If I am right I consider stopping posting charts altogether since only two people in the
world are interested an a third is only interested in stealing my work
Seven of Eleven is back with me and frankly I am still happy he agrees with my charts
( that is a pun since his name is frank )

[whadda]

Sold a bunch of stocks today even starting clipping some cores. Probably have enough cash to carry me through until next August no matter what happens.

Miners seem to be copying last year's action, so far. A dip here and I might take a chance on getting back in for a run back up.

[Paint Your Wagon]

Sold a bunch of stocks today even starting clipping some cores. Probably have enough cash to carry me through until next August no matter what happens.

My window for a gold and miner top opens from 1 october on
I think this is the last 20 days cycle before the top and it should bottom today or tomorrow
5 and 14 oct are still my fav dates
The break of 1300$ will be my startshot

[whadda]

Manipulators seem to be firmly in control or trying really really hard the last couple of trading days. A spike up may only be intra-day or last a short time. Need more shorts on for a rocket launch.