Comments on: Urgent Alert: Why Gold Will Jump $200 in One Day

By: Anonymous

Anonymous — Wed, 27 Aug 2008 18:23:00 +0000

Right now is the time to start picking up some Silver..

I'd put protective puts around 12 or 12.50.

Good luck.

By: Tbird

Tbird — Thu, 14 Aug 2008 19:16:00 +0000

Thanks anonymous!!

By: Anonymous

Anonymous — Thu, 14 Aug 2008 03:37:00 +0000

I’d put the bottom for silver to be about $13.75 or so.

By: Tbird

Tbird — Wed, 13 Aug 2008 21:07:00 +0000

What about silver? What do you predict the bottom to be for silver?

By: Anonymous

Anonymous — Tue, 12 Aug 2008 21:51:00 +0000

So hopefully those fateful followers of mine who have been following this trade have exited their gold position back at the end of July when their trade went slightly negative...

But, hopefully they have stayed with the short oil play, as they would be smiling quite big right now.

Stay with the short oil play.. This little bear run isn't over yet.

Also, get ready to load up on Gold... I'd say within a week or two, a bottom should be placed, and the bull will continue..I have a target of about $775 or so as the bottom of this little bear run.

Good luck.

By: Anonymous

Anonymous — Thu, 24 Jul 2008 19:29:00 +0000

So, it looks like if people would have followed my advice and shorted oil on July 7th, at $142/bbl, today with it at $124 they'd be money ahead..no?

Which was the bigger play recommended..

But, you'd also be money ahead with the other option of longing gold... On July 7th it was about 924/oz... today it is slightly higher at 927/oz..not worth the volatily swings, but still $ ahead.

I say, stay with the trade... don't liquidate winners!!

Good luck.

By: Anonymous

Anonymous — Tue, 22 Jul 2008 03:33:00 +0000

How do I invest in gold? Were do I look,Whatt firms to use etc..

By: Anonymous

Anonymous — Wed, 09 Jul 2008 20:05:00 +0000

One assumption that needs to be addressed is...

Who is driving whom?

Is gold driving the price of oil, or is oil driving the price of gold.

Basically, the ratio says that the g/o ratio is historically 15.. OK.

So if oil stays at $140ish, then gold goes to $2100..OK....

That means that Oil drives gold.

But, what if Gold drives Oil.. Which is something to consider.

In that case, the historic ratio is still 15:1, but with gold at $925, then oil should be $61.

So, long gold OR short oil.. That's the question.

My thinking is that that short oil option is the lower risk of the two.

You could always take both plays, or set up a couple of spreads that take advantage of this situation.

By: E. Malachowski

E. Malachowski — Tue, 08 Jul 2008 04:55:00 +0000

What is more likely to happen at the beginning of summer oil go down or up?

Also if oil goes up gold will follow. I think owning some gold and silver is a great idea. If the ratio comes back to 15:1 and oil stays at $140 gold will be $2100 an oz!