Commentaries

….Here is a quick video I did of my trade in gold on March 9th. This video shows a trade using the 5 minute spot gold chart profiting $6.00 per ounce with minimal downside risk….

…..Some of our recently entered positions were stopped out at breakeven this week. But as long as we remain on a major buy signal and the cycle is up, we continue to look for set ups to accumulate positions, while managing risk at the same time….

…”The greatest bull market in history, beginning in 1982,” he says, has trained people “to believe things will do well and get better”—training he considers lethal—and conditioned them to “buy the dips.”….

…Investors and newsletter writers (we among them) have long speculated that China has a pressing need to start buying gold to reduce its giant hoard of U.S. dollars. We conjectured that China might buy the 191.3 tons that the IMF wants to sell. After all, what could be more logical than to buy the gold off-market?…

…Interestingly, the best value is now at the very bottom of the food chain. Some people call these the crap juniors or the garbage juniors. I refer to them as the lower tier juniors…

Great post from “Gordon Gekko” at Zero Hedge….

….Investors are the most bullish on the dollar since the collapse of Lehman Brothers Holdings Inc. on speculation the U.S. economy will expand at a faster pace than in Europe and Japan, a survey of Bloomberg users showed….

Investors have long speculated China will start buying gold and selling its hoard of U.S. dollars at some point. (China’s hoard could be literally trillions of U.S. dollars.) It would be the first step in a “Doomsday” scenario…

…Talk of a Gold bubble over the past 6-9 months grows louder and louder. It is comical and a sign of desperation among those losing their grip on the levers of power and influence. I have never seen a bubble so heavily recognized and announced by the very institutional participants who are pouring all their money into it!…

…He is not counting out the U.S. dollar quite yet as the euro waivers. He also believes that there is no longer necessarily a seasonality regarding gold and gold stocks….