may have a problem..reports coming in the NEW phone is too thin and too long ..Its bending in MENS pockets.
They use to say you can’t be too Rich or too Thin
Apple may prove the exception..
may have a problem..reports coming in the NEW phone is too thin and too long ..Its bending in MENS pockets.
They use to say you can’t be too Rich or too Thin
Apple may prove the exception..
that I track ONLY ONE was UP TODAY , only ONE was UP (FSAGX) GOLD !
These are Sectors of the economy ! Its an easy way to track SECTORS ,Fidelity Publishes everyday .
The worst was Computers ,Technology,biotech,software.
In my curriencys list of 15 Countrys Japan did best today.
In my list of 25 Countrys Indexes Japan did best today !
In a group of 30 different Sectors Gold did best today with at least half in the Green today !
In my list of Chinese companies (13) only a Gold company was up (JINFF)
I agree we should be friends with Vietnam. No reason we should have been enemies in the first place. Communism seems to collapse of it’s own accord eventually anyways without us doing a thing. They’ve got problems with corruption and so forth … but who’s gonna say we don’t have our own particular problems.
What isn’t upside down these days ? Money used to be a store of wealth ,now its not,saving was a good idea ,now your punished for it.Former enemys like Germany and Japan are now our best friends.Russia our former ally ,now an adversary ! People used to want to work,now they want a hand out ! Presidents inspired the People to be the best ,Now ….#@$%#
Former Capitalists are now Communists,former Communists are now Capitalists,women act like Men..Men act like women
The world is upside down …maybe we had a POLE reversal and didn’t notice it …North is South … Nobody told me ! Who knew ? that explains it !
really might be the center of the hurricane we’re expierencing, but the storm most likely is building pressure since the 2007 event. That’s my way of over simplifing a much more complex reality.
Vietnam had the mis fortune of defeating the US in a WAR .! All of our former adversarys prospered after we defeated them.!
The Vietnamese are Great fighters ,very resourceful and natural enemys of China.China has coveted Vietnam for centurys ,as its the RICE BOWL of Asia .Its climate low land s and rivers are ideal for growing rice.They have always exported Rice. That very small country has fended off China for years ,just imagine if they were well armed and financed what they could do to China.
I knew a long time ago why the Americans were there ..The oil companies discovered oil off the Cast of vietnam years before Vietnam war…thats why WE were there ! Now the Chinese want to exploit it claiming territorial rights for off their traditional previous borders. Vietnam is a Natural Friend of the US ….make use of it ! What friend is better than a former enemy ,,they really understand each other. I hired many Vietnamese when I was in business and I’m happy to say I benefitted from industrius hard working and very honest people .All my employees handeled my money every day and in 25 years I can tell you I never worried about honesty with them.They were a blessing to me during an era when help was hard to get .I became friends with some and they told me amazing stories about that WAR. WE should be friends with Vietnam….
More on Gold Sentiment
September 25, 2014 | Author Pater Tenebrarum
Mark Hulbert on the HGNSI
As an addendum to Dan Popescu’s article on the state of gold sentiment, we want to show an update of the indicators we follow. Coincidendally, Mark Hulbert has also just published an update on his HGNSI measure (Hulbert Gold Newsletter Sentiment Index). The Index measures the percentage newsletter writers recommend to allocate to gold-related investments on average – either on the long or the short side. As it turns out, the current level of the HGNSI stands at nearly minus 47%, which happens to be the second-highest bearish sentiment expression in 30 years (the highest was recorded in June 2013).
Mark Hulbert notes:
“[…] the average recommended gold market exposure level among a subset of short-term gold market timers tracked by the Hulbert Financial Digest (as measured by the Hulbert Gold Newsletter Sentiment Index, or HGNSI). This average currently stands at minus 46.9%, which means that the average short-term gold timer is now allocating nearly half his clients’ gold-oriented portfolios to going short.
That is an aggressively bearish posture, which is unlikely to be profitable according to contrarian analysis.
There’s been only one time in the past 30 years when the HGNSI got any lower than it is today. That came in June 2013, when the HGNSI fell to minus 56.7%. As you can see from the accompanying chart, gold soon — within a matter of a couple weeks — began a rally that, by late August, had tacked more than $200 on to the price of an ounce of gold.
Notice that gold’s 2013 summer rally didn’t begin immediately after the HGNSI dropped to the levels we’re seeing today. That’s hardly a criticism, of course, since no trading system can pick the market’s turning points with pinpoint accuracy. Nevertheless, according to the econometric tests to which I have subjected the 30 years’ worth of my sentiment data, the gold market performs appreciably better following low HGNSI readings rather than it does high ones. Contrarian analysis hasn’t always worked, needless to say, but it’s more successful than it is a failure.”
He expects a long run-of a year or two-“like during Reagan” Just another buy signal for gold…
things are quiet. too quiet. i feel a premonition that this may be the calm before the storm. perhaps the storm that blows everything up. but then again, it may be the storm that blows everything down.
we can wait. we can watch.
I bought two 90% silver bags and one monster box of silver eagles thinking 18.50 would hold in the last couple of weeks. The more I watch the more it becomes apparent that silver is the proverbial “canary in the coal mine”.
I guess they can do $16 short term. Either we’re really wrong about silver or the boyz are scared to death of a big move. I imagine we’ll find out soon enough, but at the moment silver is killing us.
and a gold mkt bottom TODAY??
As I have said many times, when the next bull run in gold starts, it will look ragged and tentative-just like gold looks today…
AS I asked yesterday=if gold fundamentals–those discussed on CNBC–are O-so-bearish-why isn’t gold a $1000 today–with the rise in the $, why has gold only grudgingly gone down….greater minds than mine want to know…
I bought 2000 jnug yesterday near the close at 13.09–and bailed out in the pre-mkt at 8:39 am when gold was down $10-at 13.01….dammit-! Gold looks hopeless–Wolanchuk said “hopeless” is a bottom…
Russians talking about seizing foreign assets
Rumors of some hedge fund getting ready to blow up
Remain positive. We have to slice this a different way. Again, let’s look at opportunities. Where can you can you raise cash in your life right now to buy Silver phiz? I keep asking myself this. Come up with a strategy on how you might dip in. Buy whatever has the smallest spread at a place like CO gold. Buy big bars now, decide how to trade them for smaller denominations in the future- hacksaws work too. Think how you might split an order w/ someone. Possibly get risky and buy some calls here somewhere, but have an exit plan in mind too. Buy and Sell stops need to be used or get tricked by greed. Act more like a machine, target met, buy/sell. This way greed doesn’t take hold when you are in a winning streak. Really I’m just talking out loud and coaching myself. Ha!
I have a friend that’s a freelance CFO with 40 years of experience. He always preaches about the damn exit plan. Problem is that with my exit plan, the goal post constantly move away from me at tops. Greed greed greed.
I still think we should stand back right now. Who knows what the clowns have in mind. Press away boys! People need to be scared like never before before we move up. I’ve been saying that for 3 years now. I thought the scare was years ago, probably not happened yet. They understand the psyches of Goldbugs better than no one. They’re experts at tricking people
p.s. On sites like CO gold they sell junk bags. I didn’t know until recently that he has $500 face half bags too. Easier to move around too. Less entry burn potential. Spreads are cheapest this route maybe?
but we’re going nowhere unless silver turns around. Unbelievable that every attempted rally is stuffed.
Frustrating.
Eric Holder Is Resigning
http://www.zerohedge.com/news/2014-09-25/eric-holder-resigning
If so ,not so Bad !
Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon scene on the continent.
When it comes to new oil and gas frontiers, today it’s all about Africa. And more specifically, it’s all about the eastern coast, with Kenya the clear darling–not just because it’s outpacing neighboring Uganda by leaps and bounds, but also because despite some political instability hiccups and the threat of militant al-Shabaab, it’s still one of the safest venues in the region.
Six of the last 10 biggest finds have been in Africa, where—all told–there are some 130 billion barrels of crude oil waiting to be tapped by more than 500 companies, according to a recent report by PriceWaterhouseCoopers.
Topping this list are Kenya’s Anza and South Lokichar basins where the discovery and development news has been fast-paced.
more http://www.mining.com/web/all-eyes-on-kenya-the-next-big-oil-exporter/