Colin Twiggs Trading Diary

Recommendation Sign up for Colin Twiggs FREE email Trading Diary updates. I highly recommend them, Colin has superb concise chart analysis.

Why You Should Own Dollars Today, Gold Tomorrow

Richard Russell says “The way the world is going, ‘gold will be the last man standing.’ Gold will be wanted because unlike everything else, gold cannot go bankrupt. Gold has no debt against it, gold is not the product of some nation’s central bank. Gold is pure intrinsic wealth. It needs no nation to guarantee [...]

The Gold Market’s Tech Cues

Brad Zigler writes “Fundamental analysis uses economic, political and environmental data to forecast future price movements, while technically derived predictions rely upon price patterns and changes in market volume. Commodity traders often use “the technicals” as well as fundamentals when making market decisions.” Check out the rest of his article here

The Next Major Financial Crisis

From Seeking Alpha “Warren Buffett doesn’t see the “green shoots” Ben Bernanke and other bullish investors have spoken of in recent months. In fact, the billionaire investor believes the economic picture will grow darker before things improve. “Everything I see about the economy is that we have had no bounce,” Buffett told” click here for [...]

Free newletter; Elliottwave.com

Try this free email newsletter, if you like it join Club EWI or subscribe to one of their many excellent publications. I find it and their subscription services to be a very useful to balance the perma bulls views that proliferate on the internet. You don’t have to believe it per se, but you’d be [...]

Gold miners, “window of opportunity”

Mineweb – Junior gold miners seeing windows of opportunity Few sectors have been as hard hit as the junior miners by last year’s market collapse but capital raising opportunities are occurring, particularly in the gold sector Pav Jordan points out that falling stock prices are only bad news if you hold on to them

When are Miners a good buy?

Mineweb – Miners bruised, but standing firmSince 3 June, when global mining stocks touched eight-month highs, the heaviest net selling has been seen among listed primary silver miners, followed by specialists in nickel, copper, potash, gold, and platinum. Barry Sergeant points out the opportunity

China should buy Gold as USD hedge

China should buy gold as falling dollar hedge – China CP research A senior China Communist Party researcher fears for future of dollar and says the country should buy gold, natural resources, U.S. Land and wants IMF’s SDR reformed to give yuan a 20 percent share. Author: Zhou Xin and Alan Wheatley … read the [...]

Deflation, Inflation, Hyperinflation

An excellent article from Simon Botherway; “Weimar style inflation threatens” OPINION: It would be unthinkable for the Reserve Bank, a fiercely independent central bank, to print money to devalue the Kiwi, right? Nope, wrong. It will reluctantly be driven there by the actions of major global central banks and governments, whose prevailing anti-deflationary policies are [...]

Gold target $1,224

Go Jim Sinclair … his personal gold target is $1,224

The TOP 10 REASONS to Hold Gold, Bar None!

The Motley Fools did a really good job of this … The TOP 10 REASONS to Hold Gold, Bar None!

Why You Shouldn’t Expect $1,000 Gold Anytime Soon

Here’s a great article putting forward reasoning why, in a deflationary environment, Gold won’t cut the mustard; so the question is, assuming that it is indeed a deflationary environment, whether inflationary or preferrably for gold bugs ‘hyperinflationary’ environment will follow. Why you shouldn’t expect $1000 gold anytime soon The best part about that scenario is [...]

Linking the golden dots, big seller need big buyer

So the IMF decides to sell 403 tonnes and the World Gold Council is OK with that apparently, because it won’t affect the gold market. Well heck, how could a huge sales like that NOT affect the gold market? Lets try and link some golden dots. The way to make a huge sales of gold [...]

Choppy times ahead for Gold?

Choppy times ahead for gold in near term – BMO’s Melek While gold may be vulnerable to a near-term pullback, BMO’s Bart Melek believes there are long-term motivations to hold the precious metal. http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=85418&sn=Detail

How much Gold in your portfolio?

How much gold should be in your portfolio Financial advisers often suggest maintaining at least some part of one’s investment portfolio in gold as a diversifier, stabilizer and inflation hedge -but how much makes sense? http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=84224&sn=Detail

Right time for Gold Mining Stocks?

Why the time could be right for gold mining stocks There is a correlation between U.S. deficit spending and gold outperforming the S&P 500. This coupled with the Chinese appetite for gold should keep gold and gold stocks attractive to the broader market. http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=84558&sn=Detail

IMF Gold Sales

ORDERLY SALE ANTICIPATED IMF gold sales clearance welcomed by World Gold Council The U.S. Congress’ passage of a bill which would effectively allow the IMF to sell 403.3 tonnes of gold has been welcomed by the World Gold Council which feels the sale will have no impact on the global gold market http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=85262&sn=Detail … yeah [...]

$1 Dollar Bank Note

dollarmo2 Originally uploaded by Baa_Baa $1 Federal Reserve Bank Note … “In God we Trust”

$5 Silvercertificate

683px-Silvercertificate_1 Originally uploaded by Baa_Baa Five Dollar Silver ‘Certificate’ … redeemable in Silver Coins “payable to the bearer on demand”

$10 US banknote payable in Gold

$10 US banknote payable in Gold Originally uploaded by Baa_Baa Carefully read the words on the banknote; from the times when paper money was issued as an IOU redeemable in precious metal.

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