Comments on: 22 Things to Look for When Gold Is Topping

By: Things « Grandich’s Blog

Things « Grandich’s Blog — Tue, 13 Oct 2009 23:10:36 +0000

[...] How to know when gold is at a top? This is hysterically funny! [...]

By: Christ T.

Christ T. — Mon, 05 Oct 2009 23:26:41 +0000

in case Tony Bonn checks back here:

“..a highly pronounced anti-semitic friend of totalatarianism as derrida”

For what its worth, J. Derrida was sephardim from an old Algerian Sephardic family, so unless you choose to believe that clap-trap of self-hating, “anti-semitic” is hardly apposite.

Also, me hardly thinks that “Mein Kampf” belongs in a sentence with academic endeavor, unless you believe in a “Landshut” school

&&&&&

Derrida’s colleague Noam Chomsky, also a Jew, would probably have seen eye-to-eye with the mufti of Jerusalem, if not necesarily with Hitler. RA

By: Sonny Bill Williams

Sonny Bill Williams — Sat, 03 Oct 2009 20:45:15 +0000

I like gold and silver as assets. They do not take up much space. They have good weight and feel so comfortable in the hand. I trade futues on these commods, sometimes I win and sometimes I lose and really I have been flatlining with these for several years.
My assets are going up…it feels good!

As for picking a top or looking for signs…when you hear several people in the space of a week talking about gold in public transport,lifts etc and you have seen the price of gold go directly north on a weekly chart for 4-7 weeks you will be looking at a likely top on a relatively short time frame.
That would be a good time to go short futures or stocks.

Sell your hard assets…NO WAY

By: psiceobill

psiceobill — Sat, 03 Oct 2009 02:49:02 +0000

I am a gold bug, have been since 1999 (early). Enjoyed the article, but I have to agree that Gerald is right. After 40 years of investing, I have to say that the statement “This time is different” as some posters have stated above, is a BIG warning sign of top. I’m not selling yet, but I am scared we could have a $400 drop in gold. Something else – the market (gold or stocks or whatever) always finds a way to take everybody to the cleaners first, before it finally has its UNEXPECTED run — in other words, everybody has to get negative again on gold first. Then it can finally do its glorious thing.
Bill

By: Mitch Pearce

Mitch Pearce — Fri, 02 Oct 2009 15:40:56 +0000

Tony,
I know Gerald from Mike Swanson’s site as I use to blog there. He is a very smart guy and good trader. He’s done very well. But when it comes to gold, I’m afraid he’s not seeing the big picture. Chuck is right, this time is IS different. A lot different. I won’t bother rehashing what most people already know here. Mainly that the COMEX and CFTC are frauds, and so is Jon Nadler. And I’m going to heckle his ass if he ever comes to Vancouver again for the gold show. His analysis (if you can call it that) stinks. Thanks Gerald, but I’ll listen to the gold experts like Turk, Embry, Sinclair, etc…as they’ve been correct for the last 8 years running. Nadler is a joke in is ownright.

GREAT article. Very funny.

By: Rich

Rich — Fri, 02 Oct 2009 13:52:12 +0000

22 Things to Look for When Gold Is Topping seems to have hit a raw nerve, elciting more comments than I’ve seen in some time.

Is that a sign of a top at 1033 March 2008 that was just retested at 1024 September 2009?

Time will tell as Mr Market collapses despite all that the kings men have done to put Humpty Dumpty back together again.

Regards*All

JubileeProsperity.com

By: mthomas

mthomas — Fri, 02 Oct 2009 13:49:29 +0000

I think that we have severe long term issues to deal with concerning the huge govt deficits and currency debasement that is occurring. I just saw a really good article at http://seekingalpha.com/article/164322-expect-gold-to-reach-3-000 that discussed this problem of continuing to try to cure a patient with the drugs that made him/her sick to begin with. The story also discusses the potential investment implications for fiat currencies due to all the money printing by central banks around the world. I personally believe that the power of central bankers to print money has gotten completely out of control, and that we will go back to a gold standard or other form of hard currency once there is enough social unrest to force our politicians to make the necessary changes to protect the best interests of its citizens.

By: tony bonn

tony bonn — Fri, 02 Oct 2009 12:29:37 +0000

Gerald Clifton
you are the most smug, self conceited pompous ass i have read in the past week….you win the award for deconstructionist punk…..it’s interesting that you laud a highly pronounced anti-semitic friend of totalatarianism as derrida so allow me to deconstruct your prolix horse cockey notwithstanding that deconstructionism is the most inane academic endeavor to come out of a donkey’s ass since mein kampf flowed from hitler’s incarcerated pen.

the person who reads is the person who decides what is funny. thus your imperious declaration that this post was not funny was evidence of the totalitarian streak running through your hero. please let us know when we have permission to laugh.

to suggest that the decline in gold will be as rapid the next time as the last is a logical fallacy of enormous preposterousness and even begs the question of why there must be an imminent decline now evidence of which you supplied nada – much like nadler’s analysis on anything.

any analysis which fails to account for systematic cia – fed – treasury – imf manipulation of price is as shallow as your corny analysis. as such the long time suppression of gold price is more like an overstuffed sausage ready to explode meaning that anyone who is tempted to sell now will lose out and i am more than happy to see weak hands pass their gold into strong.

thanks for giving us a cia-fed view of the gold market. i have promptly filed it away under derrida for junk.

By: Bill

Bill — Fri, 02 Oct 2009 09:49:36 +0000

The number one indicator – the IRS announces that gold/silver profits will be taxed at 90%, retroactive to some prior January.

By: Economic Collapse: 22 Things to Look for When Gold Is Topping

Economic Collapse: 22 Things to Look for When Gold Is Topping — Fri, 02 Oct 2009 08:09:19 +0000

[...] Thats a hint of the future I and many other see coming our way. Enjoy the read… 22 Things to Look for When Gold Is Topping, by Rick [...]