Monday, August 15, 2011

SIL, GDX, AGQ

As of today, buying SIL, GDX, AGQ

Saturday, August 13, 2011

Wednesday, August 10, 2011

Gold channel broken to the upside


Updated chart from May. Notice gold has broken above the channel.

Tuesday, August 9, 2011

When will gold be overvalued?

Not now. But it will be time to rethink gold when:
1) there is a dot-com style bubble mania
2) Governments get their act together and introduce fiscal and monetary responsibility
3) Gold gets reintroduced into the monetary system

Gold going parabolic?



Monday, August 8, 2011