Posts Tagged ‘charts’

I’m typing this from the my car so I hope this is able to get through to my blog. I will try to be brief and to the point!!

It is obvious from the chart below, that every man and his dog is going nuts over gold. And if you are a subscriber to our newsletter you would probably realize why. YES there are many economic problems that are continuing and they will not go away quickly like the governments around the world keep saying. Last time a similar event occurred, many people flocked to gold. Those people made a great money, and others learnt a valuable lesson.  Now we are just seeing history repeat itself.

Have a look at the chart below.

I have been holding gold for a long time, and have been buying on the big dips so it has been paying off big time. I am also a buyer of bullion and gold coins, which has sort of become a little bit of a hobby now. BUT I MUST TELL YOU SOMETHING VERY IMPORTANT! The way I have been making money on gold is on BUYING the big pullbacks. I feel that this massive move up in gold prices has happened to quickly and caught people in a panic, not to GET OUT OF GOLD, but to GET IN!!!! and quickly. And now we are back at previous highs, and what I would call in a double top area. This can sometimes sound the alarm bells, for a down move.

We are now seeing a double top in gold here and there is a bit of resistance. If you own gold, good for you! but if you are intrested to buy gold for the long term, it is probably better off to wait, as I have been. If commodities come under a little bit of pressure, due to continuing deflation, we could see prices come WAYYY down. But if that occurs, it will be time for you to become a gold shark, and put your money down on the table, as I have described above.

BUYING HIGH AND SELLING LOW, is the quickest way to go broke as an investor. SO remember BUY LOW, SELL HIGH and you cant go wrong. If gold starts falling…say 100 pts or so, we could see more of a significant sell off after. So, BUYER – BEWARE!!! In no way am I saying dont buy gold, but just be careful at these current levels.

Happy investing.

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I must say that over the years of bringing the truth i have taken a bagging by many people. I mean literally I should have just put a bag over my head and gone and crawled in a cave to live.

This is me below…LOL

A lovely look isn’t it. And probably handy for when you go shopping, As long as you have that trusty old spare.

It is interesting that in 2009 that my bag is slowly coming off. Well we knew alot of the stuff we saw in 2009 was coming but, we are never sure of the timing. That is a whole other “hey! Einstein read this and weep” timing issue that I think would even make this man spin his lid.

Some people just don’t get it. We believe and even have solid evidence that this is one of the most important times to be living ever!

2009 & 2010 are very important years as we have written in our NEWSLETTER.  It’s amazing seeing things unfold and over the next decade or so. When you truely appreciated the complexities of truth, the economy and how our brain works. You begin to see how everything works in tandem and happens for a reason. While it is both good and bad I still believe that OVERALL it is a beautiful thing.

Sorry to get all soppy there you, so lets get back to business…

Anyway….

Here is out latest video installment where I discuss what is happening on the charts and a few other important topics.

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Click play below and enjoy.

Don’t you just hate when you listen to a song on the radio driving to work and it gets stuck in your head all day! ** insert eyes rolling here**  Well since Monday the stockmarket had a special song stuck in its head.

The name of the song “Ain’t No Mountain High Enough” by the great screaming sensation Jimmy Barnes.

Yes! there sure ain’t no mountain high enough in the markets book, at least for now. And the last 4 months for me, has been spectacular. To watch what I have seen has been purely eye opened and stunning. The rally we have seen in the last two weeks, as I like to call it, the ROCKET SHIP rally, has not happened since back in 2000.

Below is the S&P 500 Chart shown during a different bear market rally. In this instance, the market went down 51% and then went up 52% (I will step in here and gently remind folks that a 52% gain after a 51% fall doesn’t bring you back to a profit, since you are staring with a damaged base). So if you have lost money in the market, and stayed in you are not back at square 1….infact, Far from it!!!!

ain’t no mountain high enough for now?

Do I see the market going even higher from here. SURE DO! Does this mean we are ok, and recovered? SURE DOES’NT!

I bring alot of truths about the market. So I am going to be blunt right now. So if you are offended by my extreme bearishness, I would ask you to cover your eyes, and clog your ears. It aint going to be pretty!

I will lead you to the realism of what is going on behind this rally. What is happening in the real economy. Which is why I am mesmerized to see the market where it is. Remember that the chart above doesn’t affect your bills, your mortgage, and even that little thing you do from time to time to pay your bills…YOUR J.O.B (if you still have one that is!)

Here is what is going on in the real economy. The stuff that affects the lives of you and your loved ones.

1) The U.S. Government is printing off trillions of un-backed U.S. Dollars and Flooding the market with it.

2) The U.S. Dollar is falling slowly to it’s death.

3) The housing market is no where near bottom.

4) We are still in a bear market ( yes don’t be shocked!)

But during all this, people are still asleep and watching these charts, thinking “HECK!! If the market is up, then we must be recovering!” There really ain’t no mountain high enough for the markets now. OR IS THERE? How Silly! these people have a big shocking coming!! The government will stop at nothing to trick these people into thinking they have everything under control.

GOVERNMENT IN CONTROL? LOL…. That’s a good one, I will have to remember to use that.

Like every mountain that is high enough to climb. Sometimes getting up is the easy part. It’s the getting down that can be painful, exhausting, & dangerous. We are still yet to experience this in the real economy.

Enough ranting from me. I will let you get back to your fun weekend with your friends, family and a few icey cold beers. Have a great day.

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