Tag Archives: trade ideas

Update On My Easy Trade Idea

It now has gained $2 in the trade.  It’s outperforming the XAU and HUI indices and will continue to do so.

In the report, explaining why it’s an easy $3 point trade if the mining stocks just go sideways, I’ve included a technical analysis report from Denaliguide on the stock.  His response after he looked at the stock technically was “my gawd, it’s fantastic!”  Nick thinks its an easy $8-10 point trade with some patience and cooperation from the sector.  I’m holding it my fund for at least $5, $3 more from here.  In my view, it’s low-risk relative to the sector/market.

Either way, this idea is still valid and, in the context of large-cap miners, will absolutely outperform the large-cap segment of the sector going forward.

You can see the report here:   Large-Cap Gold Miner:  Easy Trade Idea

I prefer going long outright – which I did in our fund on Friday mid-morning – but it can “enhance” your returns by going long and shorting out of the money September puts, which still have a lot of premium in them.   Large money managers can use this opportunity to buy into a large cap miner at a great relative price.


Gold Market Manipulation: “It’s Worse Than You Think”

The United States would rather reveal its nuclear secrets than what it is doing in the gold market.   –  Chris Powell, Treasurer of GATA, on GATA’s inability to get information from the Treasury or the Fed under the Freedom Of Information Act

The U.S. Government has used up most, if not all, of this country’s physical gold holdings in order to manipulate the price of gold for the purposes of propping up the fraudulent U.S. dollar.   When this truth is finally exposed for all to see, it will go down as the greatest scandal in the history of the United States.

The the entire U.S. system is a fraud.  This fraud is rooted in the fraudulent representation that the U.S. Government still owns 8100 tonnes of gold.  The U.S. dollar is fraudulent, backed by the “full faith and credit of the U.S. Government.”  The $17+ trillion in Government debt issued in dollars is a fraud.  This debt was issued absent the intent of every repaying it.   It goes on and on…

You can ignore reality, but you can’t ignore the consequences of reality.  – Ayn Rand

GATA’s Bill Murphy wrote a must-read article about the extreme manipulation of the gold market.   It was published in GATA’s subscription site, LemetropoleCafe, and Bill was kind enough to let my reproduce it for everyone:    It’s Much Bigger Than You Think.

Gold is real, honest money.  Fiat currency and debt issued in fiat currency is not.

Speaking of gold and fraudulent businesses, I wrote two recent research reports that I think can generate easy and significant profits for stock investors/traders.    In fact, the gold stock is green today with the sector down and the homebuilder stock is red.  The homebuilder is even more overvalued on a relative basis now than it was at the peak of the housing bubble.   You can access these reports here:   Stock Research Reports.

One more point, although he may have made the assertion at some point, I have been unable to find any point in time for which Alan Greenspan said the gold is not money.  As we know, Ben Bernanke made that assertion in front of Congress, amazingly with a straight face…