Oldtent Archives 2007 - 2008

These are just for the heck of it:

to the date when George W. Bush was sworn in as president.  Regardless of the precise date when Mr. Sinclair’s observation occurred, I am curious how  Mr. Bush “used” gold in a way that was significant enough to catch Mr. Sinclair’s attention.  I have noted and appreciate your comment.

How about that silver again! SOMETHING has changed and something is going on here. At one point silver leaped to $16.31, which put it not too far off of its 28-year high. For two days in a row silver has bucked the stock market debacle and gold plunge. TWO DAYS IN A ROW. That NEVER happens. So now we know yesterday was no fluke

What could be going on? Perhaps BIX nailed it with his commentary in the Wednesday MIDAS. Thanks to Chris Powell’s urging, we put it all over the internet…

Possible SLV Inventory Swap Explanation

Hi Bill -
I think the 20,000,000 oz SLV inventory shell game that transpired on 12/31/07 can be easily explained IF we examine who is involved and what their motivation is….

***

To reread this insightful input, scroll down to the January 16th MIDAS.

Fekete is just refering to gold and silver bullion not stocks. His

basic advice has been to buy all dips which has proven to be

good advice.

In other articles he has shown how the big boys have managed

to create a gold bullion income while not risking the stash.

Did you read the article?

Nothing wrong with trading the paper if yer making more

fiat for gold. And believe me, my small score this week was

a very rare occurance. That’s why I can’t quit my day job

at least for a while.

Auric

I’ll   the horn for you.  You have made some really good calls and some really good put trades in the last few weeks.  Trades that have not been mentioned here but that you and I have exchanged emails about.  I say well done, your definitely in that 10%.   Well Done!

I read that also, the only thing I could think of was that perhaps Bush was somehow complicate with Brown selling Englands gold. Just my speculation,
Best
Dusty

PS: for all we know, a hole lot of US gold could have been sold at the same time.

..shows XAU appreciating vs Dow

goldtent.net/wp_gold/wp-content/uploads/2007/10/xauindu1.png

the Fed will step out of gold’s way because gold is one of the tools used in 1930 by Roosevelt and in 2000 by Bush”.

I have no recollection of any descriptions of how Bush used Gold in 2000.  If anyone knows what JS is talking about for the year 2000 I would appreciate hearing what it was that Bush did in 2000 with respect to gold.  Thanks.  Equiz.

Keep on doing your thing and don’t let someone tell you you can’t do something because of empirical facts or hearsay.  Everyday you will be taught something whether its a good or bad day.

…in the mean time…..heres one to show your friends

www.geocities.com/cyclepro2/Charts/SP500/Dji176y0710.gif

…The part of the PF that is expected to raise the fastest is the weight aroud the necks for now…..and the part thats suposed to jst sit there isnt….I guess we arent as smart as we look eh?

We just agree to disagree on that topic.  Doesn’t mean that i don’t like you and trust me when I say it would be my pleasure to meet you someday.  BTW, i didn’t post those real time trades (generally speaking) over the past year to be braggart or beat my chest.  I did it to prove to some of you that trading is not a fool’s errand and that a good trading strategy is prudent.  Hell yes, i got lucky but to do it consistently in the options market is more then meets the eye, but it was not rocket science and just good money management IMO.

If the stocks keep lagging then I’ll be up to 100% eventually as all of us eh?

while has taught me a ton about the value of extra effort, thinking outside the box, and having the guts to make a move after thinking long and hard about it.

so i, for one, wanna say ‘thanks.’ wish i had more of what you’ve got.

but that’s not to come down all one sided either. i appreciate the general buy and hold perspective as my primary course of action. it saves the worry about missed opportunities and botched decisions. but as i’m holding i’m also keeping in mind something that jesse livermore pointed out - money sitting in a loser is losing twice, it’s losing on the one hand, and missing out on the positive potential on the other.

and when you know - by chart and by gut - that a share’s going to drop and hurt when it does, i don’t always see the point in bracing for the fall when you can pull your rip-cord. figured that out with both a good move and a bad decision during this last drop.

so while i don’t have any delusions of grandeur about my ability to trade, i take heart in what you’re doing and, if nothing else, i learn a good deal from it.

perhaps i’ll think differently after a while. but that’s the light i’m seeing at the moment.

As soon as I multiply my winnings by about a million, I’m going to get me one!!