tag:blogger.com,1999:blog-7179384084412903332.post6854845313093176431..comments2023-07-14T07:39:33.346-07:00Comments on Gold Scents: CURVE BALLToby Connorhttp://www.blogger.com/profile/07774977275885524428noreply@blogger.comBlogger30125tag:blogger.com,1999:blog-7179384084412903332.post-33815510143899577422010-11-15T03:17:26.209-08:002010-11-15T03:17:26.209-08:00It is nice to definitely see a website where the b...It is nice to definitely see a website where the blogger understands really well about the interests.<br /><br />Best Regarding.<br /><a href="http://www.4mutualfunds.net/" rel="nofollow">Mutual Funds</a>Unknownhttps://www.blogger.com/profile/17335890595838445521noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-75647269840459878852010-11-12T19:48:20.780-08:002010-11-12T19:48:20.780-08:00The chances of gold moving below $1300 are pretty ...The chances of gold moving below $1300 are pretty slim and I expect that a move down to $1265 would bring in such a wave of buying pressure it would overwhelm sellers.<br /><br />The dollar is on it's way down into the three year cycle low. I don't know if it will make it that high but a move to 80 would be an all out buy signal on virtually any asset.Toby Connorhttps://www.blogger.com/profile/07774977275885524428noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-18067165896858216462010-11-12T19:34:52.883-08:002010-11-12T19:34:52.883-08:00Hard to say....but the dollar may have finally pos...Hard to say....but the dollar may have finally posted the three higher lows (going back to 2008). This would complete the shift and blow everyone's mind (mine included)by starting an upward move. (I thought the fed might have put a stake in the dollar, but maybe I buried it a little to quickly). It gets a little higher and there is nothing stopping it from that 83 range....This starts to open the door to 89 and a market/commodity croaking...till everyone gets used to a stronger dollar. So I wonder if this will swing gold into a consolidation moment, possibly heading to somewhere between 1000 and 1100...and then it could turn around with a steep acceleration back up. The future contracts for the dollar, lately, have been moving up on higher volume and contracting on lighter volume. I wonder if the commodities started getting a sniff of this in the last couple of days, with all of them coming down last night.billhillifyhttps://www.blogger.com/profile/05648941751649508945noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-38513472673112186792010-11-12T18:24:22.618-08:002010-11-12T18:24:22.618-08:00The weekend report is already posted.
www.smartmo...The weekend report is already posted.<br /><br />www.smartmoneytrackerpremium.netToby Connorhttps://www.blogger.com/profile/07774977275885524428noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-18042508176917044602010-11-12T18:15:35.856-08:002010-11-12T18:15:35.856-08:00Well I wiffed big time today but I'm glad sell...Well I wiffed big time today but I'm glad sell offs don't bother me like they used to. Today was strange in that everything got demolished and the dollar didn't rally either. I chalk this up as bearish for the dollar in that somebody must have been selling them, no? The only thing that worked was my bond short play today. I'm long gold silver and the shares as well as short bonds. But I am concerned about the ramifications of rising rates given what usually happens when rates rise. My vision is high long term rates, high gold, and a short term cash economy as things move forward. Toby what are your thoughts on the day and where things stand on this correction that came in overnight? You were right good callnoahhttps://www.blogger.com/profile/05568699600542523083noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-33158444169517329532010-11-11T22:54:25.835-08:002010-11-11T22:54:25.835-08:00Here is another good blog saying something big is ...Here is another good blog saying something big is going to happen to the SP500 and Gold around Nov 22 - Nov 23<br /><br />http://bullbeartrendlines.blogspot.com/Lidohttps://www.blogger.com/profile/01326804298858586123noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-34463304294284991252010-11-11T19:51:30.145-08:002010-11-11T19:51:30.145-08:00Looks like we've got a night time ambush here....Looks like we've got a night time ambush here. I wonder what triggered it?noahhttps://www.blogger.com/profile/05568699600542523083noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-88318233552325883062010-11-11T05:30:26.042-08:002010-11-11T05:30:26.042-08:00In my opinion buyng Dolar here it is like siting o...In my opinion buyng Dolar here it is like siting on the bomb,that will explode any moment.<br />Where will Dolar go,after 600 Bln. new printed dolars.To the moon?Ivanhttps://www.blogger.com/profile/07134476449851433643noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-18814497622152495672010-11-11T05:06:12.505-08:002010-11-11T05:06:12.505-08:00There was a key reversal on Tuesday.
Gold did br...There was a key reversal on Tuesday. <br /><br />Gold did breach a major level of 1400. It seems that the smart money pushed gold past this level, got everybody all giddy and then sold into it.<br /><br />With the dollar rallying, it does look like the top is in, for now, in gold.<br /><br />I took profits Tuesday & Wednesday and now I am waiting ( a little anxiously) for the correction.Likesmoneyhttps://www.blogger.com/profile/06084998877231369922noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-84707720255881076272010-11-11T00:09:49.045-08:002010-11-11T00:09:49.045-08:005 weeks is a long time and can bring Dolar all the...5 weeks is a long time and can bring Dolar all the way to 71 and Gold to 1600. This rally in Dolar seems like it is going so slow and every 10-20 pips wonders what to do. There is no power in the dolar to move up like it should.I am defenetly expecting that Dolar will be hit hard after G20 meeting today!Ivanhttps://www.blogger.com/profile/07134476449851433643noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-37549437096555753342010-11-10T21:38:08.263-08:002010-11-10T21:38:08.263-08:00There's no question that it can. However gold ...There's no question that it can. However gold will drop down into an intermediate cycle low at some point. It's certainly not going to do that if the dollar is falling.<br /><br />Gold is getting late enough in the intermediate cycle that it is in jeopardy of forming an intermediate top at any time. If the dollar has put in an intermediate bottom then gold will most likely use that as an excuse to drop down into it's intermediate cycle low.<br /><br />Don't make the mistake of becoming complacent just because gold has rallied strongly for 3 months. It will have an intermediate cycle decline. They come like clockwork about every 20 weeks. This is week 15 and don't forget you need at least three weeks to work down into the low. <br /><br />I certainly don't recommend selling ones core position but we need to be aware that the key reversal yesterday may be significant.Toby Connorhttps://www.blogger.com/profile/07774977275885524428noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-78055943556152091992010-11-10T21:28:31.395-08:002010-11-10T21:28:31.395-08:00Toby
I respect your work alot, but have to agree ...Toby<br /><br />I respect your work alot, but have to agree with Noah on his comment that both the dollar, gold and silver can rally at the same time. It has happened before, what makes you think it wont happen again?Unknownhttps://www.blogger.com/profile/17993257647374902867noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-47621597847477541822010-11-10T20:15:49.446-08:002010-11-10T20:15:49.446-08:00I don't think there's anything at all to b...I don't think there's anything at all to be concerned about. Gold and the dollar can both rally together. That's my call. At worst we consolidate. The reversal yesterday was it I think. The dollar is irrelevant. We live in a gold centric world now whether the central planners like it or not.noahhttps://www.blogger.com/profile/05568699600542523083noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-73453435659042501132010-11-10T18:40:33.780-08:002010-11-10T18:40:33.780-08:00thanks very much.thanks very much.Yashhttps://www.blogger.com/profile/13736848966858400837noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-89074224055610649052010-11-10T18:36:44.321-08:002010-11-10T18:36:44.321-08:00Pull up a long term chart and the 3 year cycle low...Pull up a long term chart and the 3 year cycle lows are obvious. Dec. 04 & March 08.Toby Connorhttps://www.blogger.com/profile/07774977275885524428noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-74129077330773661862010-11-10T18:33:49.879-08:002010-11-10T18:33:49.879-08:00sorry I guess I did not ask propely. 3 cycle low i...sorry I guess I did not ask propely. 3 cycle low is 2004 or 2005? 2004 is 3 yr from 2001 but then 2007 is next 3 yr .. and if 2005 then that is 4 yr from 2001. I think it came end of 2004 so its like 2004-2005 low?Yashhttps://www.blogger.com/profile/13736848966858400837noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-27789088317421378032010-11-10T18:29:58.449-08:002010-11-10T18:29:58.449-08:00Nope nothing is extended. Everything has been movi...Nope nothing is extended. Everything has been moving right on time.Toby Connorhttps://www.blogger.com/profile/07774977275885524428noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-41172460327201222552010-11-10T18:27:20.280-08:002010-11-10T18:27:20.280-08:00Thanks..one of your recent post you had shown USD ...Thanks..one of your recent post you had shown USD weekly and 3 yr lows .. starting from 1992... <br /><br />1992 - 1995 - 1998 - 2001 - 2004?2005? - 2008 - 2011 <br /><br />So after 2001 due to deep decline 3 yr cyle got extended?Yashhttps://www.blogger.com/profile/13736848966858400837noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-31680715495290472212010-11-10T18:14:28.471-08:002010-11-10T18:14:28.471-08:00The C-wave won't end until the dollar puts in ...The C-wave won't end until the dollar puts in the 3 year cycle low and that isn't due until at least March of next year.Toby Connorhttps://www.blogger.com/profile/07774977275885524428noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-41531102373337530612010-11-10T18:12:37.804-08:002010-11-10T18:12:37.804-08:00USD unexpected rally is not connected to C wave en...USD unexpected rally is not connected to C wave ending ..correct?Yashhttps://www.blogger.com/profile/13736848966858400837noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-49920120730424993212010-11-10T13:45:06.480-08:002010-11-10T13:45:06.480-08:00Without a crystal ball there's no way to know ...Without a crystal ball there's no way to know that. Just work stops below $1315 for now.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-10609914093964715162010-11-10T13:43:18.223-08:002010-11-10T13:43:18.223-08:00Gary, given dollar at 80, where does that put the ...Gary, given dollar at 80, where does that put the hui? It is alot easier riding it out if it stays above 510... what's your estimate?G Jhttps://www.blogger.com/profile/12807733338553800977noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-24854411279675773522010-11-10T11:55:25.102-08:002010-11-10T11:55:25.102-08:00Thank you.Thank you.contulmmivhttps://www.blogger.com/profile/02415487250099772748noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-3870913530376496952010-11-10T11:35:39.831-08:002010-11-10T11:35:39.831-08:00You can view my portfolio in every weekend report....You can view my portfolio in every weekend report.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-59309800869025843012010-11-10T11:25:15.809-08:002010-11-10T11:25:15.809-08:00Hi Gary - I read again your warning against levera...Hi Gary - I read again your warning against leveraged plays and I hear wisdom in them. If you do not trade spot and futures and, if I recall correctly, you do not own physical, what are then your favorite vehicles for trading gold? A hierarchical list, from most to least favorite, would be desirable. Thanks.contulmmivhttps://www.blogger.com/profile/02415487250099772748noreply@blogger.com