Current Bounce

March 11, 2009

I don’t think this bounce is sustainable. Maybe a few more up days then my guess is we will go down again. Right now I am 100% in cash and just watching. You don’t need to be invested all the time. As a trader it is important to take some time off every once in […]

Read the full article →

About To Sell For A Break Even Trade

March 9, 2009

Not exactly thrilled with gold’s action here. Not sure if we will see a much bigger correction before being able to move up again. That said I am thinking about selling my RGLD position if it moves below my entry point. I am not sure yet. You need to make a decision that suits your […]

Read the full article →

First Signs Of A Reversal In The Making

March 7, 2009

Here’s the latest article I’ve written:Β  Royalty Companies Overview On Friday we had first signs of a reversal in the making. In after hours trading GERN – Geron and the rest of the stem cell related stocks were up 50 – 80%. That’s a first sign risk tolerance is slowly increasing again. I’ve added TNDM […]

Read the full article →

Royalty Companies Overview

March 6, 2009

In my previous article I was calling for a trend acceleration in gold. My recommendation was to build and maintain a core position in physical bullion held in your own possession. If you believe the gold bull market is going to last and want to increase your leverage the next logical step would be to […]

Read the full article →

Just Sent Out My Latest Article

March 5, 2009

Ihave just sent out my newest article: Royalty Companies Overview. It will either be published today or tomorrow. The gist of it is what I’ve kept harping on for quite some time in my market comments. The safest approach if you believe the gold bull market isn’t over is buying bullion. The next step is […]

Read the full article →

Weak Pullback

March 4, 2009

Today’s move in the S&P 500 looks more like a weak pullback to the lower trend line of the triangle. We might get new lows before the market can mount its first significant rally since this bear market started. There is no way to tell what will happen though. My approach is to stay mostly […]

Read the full article →

AIG Cartoon

March 3, 2009

I simply couldn’t resist. Tonight is going to be an off-topic post. AIG is all over the place. This is one of the best cartoons I’ve ever come across. I still have to laugh when I look at it… Enjoy πŸ™‚ AIG Cartoon

Read the full article →

Keeping Position Sizes Small

March 2, 2009

The markets look ugly and lots of stocks are breaking down. Difficult to tell if we will tank hard or if some kind of counter trend rally will emerge. This is not the time to be aggressive. That’s why my positions are small and I am mostly in cash. Think of them as test balloons. […]

Read the full article →

Thoughts On Gold And Mining Stocks

March 1, 2009

You might have noticed a few things this week. I labeled $CDNX the Canadian Venture Index chart as ‘technically dead’ and during the week I restated my preference for the big cap royalty companies alongside with bullion. This is not rocket science. GDX which is a proxy for senior mining stocks and the HUI are […]

Read the full article →

Ron Paul And Jim Rogers Videos

February 28, 2009

Ron Paul video. ‘The Fed is the culprit’ Nice stuff. Jim Rogers video. Nice stuff as well. More on Sunday. Enjoy your weekend!

Read the full article →