2014年9月28日 星期日

Marc Faber

 “If it were a bubble a lot of people would have gold. The whole world would be trading gold 24 hours a day. But I don’t think it’s really a bubble. I think gold is maybe cheaper today than it was in 1999, when it was $252.”

Jim Sinclair

http://www.jsmineset.com/

2014年9月26日 星期五

The time to buy is when no one else wants something.
The time to sell is when everyone else wants something.

2014年9月24日 星期三

If gold can stay above $1193, the December low, it’ll continue building a huge bottom, which will likely be a springboard for higher prices.
If the December lows are broken, however, it’ll be a very bearish sign.

Upside Potential Possible

Gold prices could rally if there is a correction in the U.S. stock market, as U.S. equities are near record highs. Additionally, they point out a Swiss gold referendum on Nov. 30, which in part calls for Switzerland to hold at least 20% of its assets in gold, could support prices. “If passed, and currently very few are talking about it outside of Switzerland, the SNB (Swiss National Bank) would need to buy 1,500 (metric tons) over a three-year period. (Fifteen hundred tons) equates to half of the world's annual production,” they said.

2014年9月18日 星期四

Uncle Sam's accounting is suspect

http://www.mining.com/web/infographic-uncle-sams-accounting-is-suspect/

Accumulate precious metal at each sell off.

If you use leverage you might face a margin call near the bottom of the market and lose your position.
Avoid gold miners that have a lot of debt or high production costs.  These companies can easily go bankrupt if the gold price falls to $1,000/oz. and they miss an interest or debt payment.