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Message: The positives...

The positives...

posted on May 14, 2009 07:55AM

Nice to see new posters here with all the thoughtful input. Thanks to 927 for taking the time to record long holdings. I hope you didn't take umbrage with my post re the publicizing of such info but I am always on the paranoid slope with respect to the nasty posters from the other BBs mostly toiling for the shorters.

I had forgotten (becoming a habit) about putting one's shares up for sale at a high price to protect them from naked/counterfeit shorting. If anyone has any info on such...? I will ask at another BB....as I have lost some of my old research data on naked shorting.

Looks like the fight between ths gold and gold share "managers" is tightening. They usually take down the shares (like yesterday) the day before they smash gold/silver. So far today they are not being successful as gold is hanging in around $926, the $US is down and the HUI and XAU are above water.

All the charts and fundamentals are off-the-wall screaming for gold to make a big move up any time. We may see this last for another month before a take off...or if another shoe drops on the global scene...like a big bank failure. The negative spin is getting frantic from all of gold's supposed backers who have sold out/been bought; theWorld Gold Council, GFMS's Philip Klapwijk, Jon Nadler, Dennis Gartman, New York "commentators, various banks, the media and a cast of thousands.

Have a great day all!


May 14, 2009 11:05AM
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