Oldtent Archives 2007 - 2008

“We all know something about the fundamentals. We know the dollar has been weak. We know inflation is raging”

sabre deflation

bp1.blogger.com/_H2DePAZe2gA/SBszi2f5kII/AAAAAAAAB7Q/9GatoPTz4kc/s1600-h/goldforecast2008.PNG

…is breaking out !

stockcharts.com/h-sc/ui?s=:&p=D&yr=1&mn=2&dy=0&id=p01481707480&a=49013859&listNum=1&listNum=1

i’m looking to purchase an instant update program for the futures market. how do you like your current setup? i think i will buy a laptop with the phone card so i will be portable.

rno

www.smartinvestment.ca/junior_indexes.html

Very Interesting Charts for the Long Suffering Junior Investors

Now this is a silver train.

http://www.trainweb.org/tgvpages/jpg/tgvawr3.jpg

i don’t think the acct is going to 0 anytime soon. i’m in esiz8 at 17 from a month ago also egcq8 at 910 and egcz8 at 898 with added action last night on egcz8 at 935.
shooting for the js 1200 [1150+] meet you at the 23-24 silver marker.
best and good trading. wj

Which leads me to my pick for Adrian’s Moron of the Year Award … Kitco’s John Nadler who just came out with this beauty:

Second half 2008 projections:

We believe that the widening trading range and added volatility will remain the principal features of the market, as we turn the corner into the second half. We raise our initial 2008 trading range projections only by a small margin (form a range of 640-940) to 730-1030 but see average price on a slow decline from the 910 area to the mid 800’s or lower, as we approach the year’s end. Barring surprise geopolitical developments (Iran, terror attack) or significant financial implosions (Citi, GM, US banks as a group) which could catapult the metal to new pinnacles for a brief shining moment, the outlook is still for USD recovery in the second half (possibly to 1.30 against the euro) and for a retreat in gold towards the $730 area it initially touched back in May 2006.

There is dumb and then dumber. Please send this to Mr. Nadler when gold takes out $1030

Hey guys and gals.  Sorry I haven’t posted here in so long.  Since March I have been distracted.  The Tent is still the best gold forum on planet Earth.  And the best chartists are all here.  I’m honored to be a contributer…

Here is a new silver chart.  You can take down all my old stuff in the links section and replace it with this.  Odd Year 2009 is underway…the Comex volume today in silver was mindboggling.  I watched it live on new futures software since yesterday’s spike up and drubbing in NY.   Trading the electronic futures market is for maniacs.  It is beyond frightening…and goes against all the warnings about margin that Sinclair and people here warn about.  With that in mind…I will be going long 1 ESIU8 contract at the next tradable entry point.  I will let you know when this account reaches……………………………$0.  Or maybe I won’t.

Here is the link to the chart with my commentary:

omencity.com/forum/viewtopic.php?f=2&t=11

And here is the chart itself for your links section:

www.omencity.com/silver/3tests.PNG

Good luck everyone - docky

Classical Gas http://xs129.xs.to/xs129/08272/g144_hui_m1jul08_247.jpg

it may appear that The Cowan Price Time Vector ( PTV )

is best approximated with the Blue 1 x 16 Line

2_p

sure sooner or later it probably will happen and do you think you and ricks pick and (yammering for deflation for four years .. yet rises his prices as if inflation is costing him more .. are the only ones in the known universe not aware of that fact . OTC derivatives.. black holes .. needing capital

and in spite of that .. inflation is with us. and deflating assets.. stagflation

chart

www.jsmineset.com/cwsimages/Miscfiles/6320_July0108-Eric.pdf

10 Best Performing Industries - One Month

DJ US Coal Index
… +22.18%

DJ US Mining Index
… +18.17%

DJ US Gold Mining Index
… +8.42%

DJ US Pipelines Index
… +7.60%

DJ US Oil Equipment, Services & Distributors
… +6.12%

DJ US Oil Equipment & Services Index
… +6.07%

DJ US Brewers Index
… +5.58%

DJ US Exploration & Production Index
… +3.93%

DJ US Basic Resources Index
… +3.09%

DJ US Electricity Index
… +3.05%

….from BigCharts.com

~ ~ ~ ~ ~ ~

JBI

21,771,819 . . . . . . . . . . .

the rumor has been highly exagerated….humm….’mark goldtwain’ i think said that? [g] wj

thanks good bud. just can’t keep an ole duck pirate down they say. lol. wj

oh yea! hot and humid sticky weather in the high 80s low 90s is just the thing that makes it great on the balcony with a brandy after a home cooked steak is my thoughts for thursday evening. fresh pink gulf shrimp cocktail off the boat also. hummm i could get accustomed to that…..oops just remembered i live on the reef too! [g] cheers. wj