We are holding positions in
Gold now, but expect a blow off in the speculation and a buying opportunity below
We have sold our GLD
positions, at $97, it may go higher, but I urge caution entering this trade now. 2/24/09
Gold is acting counter to the
market, gold sold off today as investors are selling to meet margin calls. Gold may rally if the market falls
further, but could fall hard if we get an equities rally. John 3/2/09
Gold's rise has been
interupted by the rise in the stock market. The dollar fell, but has now stabalized. Buy gold on dips, I am getting
ready to buy more GLD in my trading account. 3/24/09
Buy, Buy, Buy
Keep buying under $900
Slow down, we may get a
pullback if the market bears suck down the equities. Traders will sell GLD to raise money. BUT, the FOMC actions
have absolutely locked in inflation. Protect yourself with gold, silver, and other commodities.
Hiccup. Gold and Silver are
soft because of dollar strength. Buy gold under $900
9/15 Gold over a $1000, Silver
over $17.....wait, don't get caught in the fever. Sell into this rally, or wait to establish your position
under $960 or $14 We should get a pullback if the equity market dips, or the dollar moves
11/16 A bubble seems to
be building, how big I don't know. If you chose to enter now, keep a tight stop. Be a man about it, you
could take a hit, just keep it small. We grabbed 11.5% in the AGQ (Ultra Silver ETF) and walked away
happy. I look for gold to see 1020 again, within the next 60 days.
1/15/10 Gold has appears to
have support in the 1020 area. We are buyers on dips. Buy GLD below 106.00!
5/01/10 GLD and SLV is taking off in the last week on
Greek Credit problems. We are headed higher, then may get a pull back with a general marekt
5/20/10 The sell off is underway. We will look
for consolidation then enter our trade of the year.
7/23/10 We traded silver in June for a 10% gain, we are now
standing out of the way. The Fed predicts deflation, the euro is getting stronger and equities are
rallying. We expect a pullback in precious metals.
9/3/10 Gold is close to new highs,
9/28/10 We are shorting GLD in the SwingTrader
12/07/10 Buy Gold, Buy Silver, Buy GLD, SLV, AGQ on
2/4/11 We are waiting for a pullback....strong dollar,
rising rates hurt gold
6/4/11 Buy GLD below $150 we may have a
small pullback, but better to be on the bus when it leaves than worry about which bus stop to get on
11/11/11 Gold is heating up again. Will
the ECB start quantitative easing?
3/30/12 Time to get on board.
Do you own gold and silver yet? What are waiting on?
YOUR FAMILIES SAFETY MAY DEPEND ON IT!
Dec. 17, 2008
you waiting on? The price of gold kissed $1000 an ounce in the last few months. At the time you probably
thought “There it goes, and I missed it”. The price dipped to under $800, and you still didn't buy. Now it
hovers around $900. Again, what are you waiting on?
government has spent $85 billion to rescue AIG, $100 billion each for Fannie Mae and Freddy Mac. This is just
the start money; it has been estimated to grow to over a trillion for these two! Now another $700 billion
bailout of the big banks! And you still haven’t bought gold! You are not convinced yet that the dollar is under
stress? Doesn’t this sound inflationary?
The FED is
buying Treasuries with money they print, OH!BAMA! wants to spend upwards of one trillion to 'bailout'
the economy. Where is this money coming from? Remember when a budget deficit of $100 billion was
scary? Now our monthly deficit is more than that.
In times of economic stress throughout history people have returned to
gold as a store of wealth.
The dollar is under stress, inflation is currently estimated at over 5%
by knowledgeable economists.
This is the ’70’s all over again. Do you
remember? I can tell you a man in my hometown bought a bank with the money he made in the gold
The only weight holding gold down now is that the rest of the world
currencies are also being inflated by their own problems. If not for the fact that our sub prime contagion
was spreading around the world, I don’t think gold would have ever stopped going up the last time it hit
DON’T BE MISLEAD
plenty of gold”, I know you have heard that. What you may not have heard is there are shortages of gold coins
developing in our country! Coin dealers are running out! The U.S. Mint has ‘temporarily’ curtailed sales of
newly minted gold and silver coins! Demand has quietly increased beyond the Mint’s ability to produce
them. This is the U.S.
starting to think “Maybe I need to buy some gold”? Right now, gold is building a base of support, getting
ready to continue the bull market they have been in for the last 3 years. The train is loading for a long trip
up the hill, will you be on it?
At Galtstock we are in gold for the continuation of the bull
market. How high will it go; $1500, $2000, $3000? I don’t know how much gain we will make on gold but I look
forward to bragging about it! I like silver even more than gold, it will move higher on a percentage
basis than gold.
note, I encourage you to buy a few gold and silver coins. I have done this for my family, not as an
investment, but for security. If the worst case scenerio develops, you will be glad you
Join us now; we’ll work the gold market for gains along with our
other great recommendations. I love gold stocks. When their commodity goes up 10%, their bottom line jumps 20%! We
get leverage on the price of the commodity by owning their stock! Their mining costs have gone up, but oil is
crashing which will lower their costs. I am convinced the gold bull is getting ready to snort and paw the ground.
You should get on for the ride!
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