tag:blogger.com,1999:blog-8706418327765086990.post7863047417103196430..comments2023-10-19T06:27:43.628-04:00Comments on Investophoria - "that feeling of triumph when you tame the bear and the bull": The Third (And Wildly Bullish) Scenario for Gold StocksUnknownnoreply@blogger.comBlogger37125tag:blogger.com,1999:blog-8706418327765086990.post-8839556042877004242010-04-07T19:22:23.403-04:002010-04-07T19:22:23.403-04:00Ray I also believe that Asia will make great leaps...Ray I also believe that Asia will make great leaps forward, but I am also saying that manufacturing is not a very profitable activity (in terms of rate of ROI).<br /><br />There are bigger forces at play. And yes we could go on and on, so I will save my thoughts I guess for a book I will probably never write.<br /><br />-ShelbyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-68266298209244724662010-04-06T17:01:01.604-04:002010-04-06T17:01:01.604-04:00Incidentally, he, Napoleon, was pointing to China ...Incidentally, he, Napoleon, was pointing to China on an atlas when he made that comment.<br /><br />I believe he made a simiilar comment, referring to China as a tiger or dragon, when he was imprisoned on St HelenaRay Newtonnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-36584687078133179182010-04-06T16:49:12.657-04:002010-04-06T16:49:12.657-04:00In deference to others, as much as I enjoy this to...In deference to others, as much as I enjoy this topic, I will desist. It could go on ad infinitum.<br /><br />However, I will say, manufacturing of goods will continue as long as the present human race endures.<br /><br />China is continuing to amass great wealth from somewhere, and most of it as yet is from manufacturing. (As we continue to slide deeper into the mire.)<br /><br />China will Ray Newtonnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-83221203330541117042010-04-06T15:40:35.618-04:002010-04-06T15:40:35.618-04:00Although a smaller population is preferable in the...Although a smaller population is preferable in the death throes of industrial age, a declining population is also a transitional social delimma, because the lower quantity of workers have to support an increasing quantity of retirees.<br /><br />China is expending savings to subsidize industrial full employment, and this is evidenced by both a Yuan peg (that traps all savings in the country) and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-69827653007137749452010-04-06T15:06:13.743-04:002010-04-06T15:06:13.743-04:00To make it clear, the reason that manufacturing is...To make it clear, the reason that manufacturing is a liability is because the value added (over the input raw materials cost) is driving towards 0. This is because automation is accelerating exponentially.<br /><br />The value added is in the design of both the automation and even more so on the products to be produced.<br /><br />And this applies to software also. The cost of manufacturing Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-25011363042009442242010-04-06T14:59:40.178-04:002010-04-06T14:59:40.178-04:00Ray the point is that manufacturing (industry) is ...Ray the point is that manufacturing (industry) is now a liability, not an asset. Proof is as I wrote before, China is forced to subsidize their factories now with their savings, proving it is a negative ROI activity. Farming has long been a liability.<br /><br />The assets now will be pure technology and design.<br /><br />TPTB in old europe have handed China the trash.<br /><br />The strong Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-77676539707899601402010-04-06T14:48:57.152-04:002010-04-06T14:48:57.152-04:00Relative weakness in mining stocks and silver toda...Relative weakness in mining stocks and silver today:<br /><br />http://goldwetrust.up-with.com/precious-metals-f6/gold-as-an-investment-t60-210.htm#2898<br /><br />Ray thanks for you thoughts.<br /><br />I have not been to China, but I've been to Hong Kong, and I am in Philippines right now. What I see is that China has a huge population, and much of it is still rural and not educated with Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-84061004026339769822010-04-05T17:03:09.189-04:002010-04-05T17:03:09.189-04:00Shelby,
I am afraid you are perhaps clouding your...Shelby,<br /><br />I am afraid you are perhaps clouding your vision with too many perceived problems.<br /><br />In my view, there have only been two large divisions of economies since humans entered modern civilisation, and these are the agrarian society, and the industrial one.<br /><br />Technology, and information were present at the start of the Industrial revolution and was an integral partRay Newtonnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-2763193345174911632010-04-05T15:23:27.237-04:002010-04-05T15:23:27.237-04:00And this is why so many are being turned into gamb...And this is why so many are being turned into gamblers (ahem "traders"), because they can find no suitably profitable employment.<br /><br />But there is a role for people who can involve themselves in the new technologies and/or in the transitional chessboard (e.g. the infrastructure build out in developing world, cultural/language interfacing, etc).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-24608725519827977682010-04-05T15:18:54.864-04:002010-04-05T15:18:54.864-04:00Add to above post, that developing world has billi...Add to above post, that developing world has billions been forced from farms into cities to seek income. Right now they are taking over the mundane office work from the western world ("call centers"), professional services (nurses, doctors, programmers, etc), but many of these are jobs that will be eliminated with computer automation in coming years.<br /><br />All trash (dead end) Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-79322855786280676682010-04-05T15:00:18.475-04:002010-04-05T15:00:18.475-04:00Ray, agreed on great change, but bear-in-mind that...Ray, agreed on great change, but bear-in-mind that manufacturing profits are being driven to 0 (even negative as China is subsidizing their production now). China has been handed the industrial revolution at it's death throes.<br /><br />Food economies-of-scale were driven so high with petro-farming, that it became unprofitable to be a farmer and farms were subsidized by govts, debt Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-63945240228893856512010-04-05T07:02:22.577-04:002010-04-05T07:02:22.577-04:00CHANGE! This is the word that got the US president...CHANGE! This is the word that got the US president his 'ticket to ride.'<br /><br />It is also becoming the byword here in the UK with the impending election.<br /><br />Agreed 'change' cannot be faulted because it is constant and it can be both a positive (as people expect, and are sold by politicians to expect) or negative depending on how it affects you, or you perceive it willR Nnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-44686185582959169532010-04-05T04:57:03.212-04:002010-04-05T04:57:03.212-04:00Tremendous 'events' are building up. They ...Tremendous 'events' are building up. They are going to impact markets sooner than is believed. By events, I mean 'causes with dramatic and consequential, effects, and 'affects'<br /><br />I recommend you reading -<br /><br />http://oil-price.net/en/articles/increasing-role-of-china-in-oil-market.php<br /><br />Now, for all the doubting Thomases there may be lurking out there. R Nnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-69853242593624711662010-04-04T20:10:05.812-04:002010-04-04T20:10:05.812-04:00Jerry read this:
http://www.gold-eagle.com/editor...Jerry read this:<br /><br />http://www.gold-eagle.com/editorials_08/vermeulen040110.html<br /><br />Earnings season and then the "sell and go away in May"?<br /><br />-ShelbyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-11756713199659625642010-04-04T19:53:58.611-04:002010-04-04T19:53:58.611-04:00Jerry please provide verification of your performa...Jerry please provide verification of your performance over past 20 years.<br /><br />http://www.kitco.com/ind/Aden/aden_mar012010.html<br /><br />"Whatever happened to all of the hot shot day traders who were making bundles during the tech boom?<br /><br />The reason you haven’t heard about them over the past 10 years is because there aren’t many. From what we’ve heard, most of them lost Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-40754858062335196492010-04-04T03:29:57.984-04:002010-04-04T03:29:57.984-04:00Why? Has the old one they strapped you in worn out...Why? Has the old one they strapped you in worn out and you feel 'something missing and insecure' without it?<br /><br />BTW Anonymous, are you Derek's mom? You jump in so quick, and see things against him that aren't really there.<br /><br />He's a big boy now. You got to let go and let him stand up for himself. You don't run these sites if blessed with a thin skin. <br />R Nnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-72291452942024030082010-04-03T23:20:26.803-04:002010-04-03T23:20:26.803-04:00I now see what all those 'Newfie' jokes ar...I now see what all those 'Newfie' jokes are all about up in Canada. We have a real live(brain dead) Newfie in our midst contaminating Dereks<br />site. We have a mutant or shall we say Newtant <br />dribbling over Dereks pearls of wisdom. Anyone <br />have a spare straightjacket lying around?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-56835333219499403892010-04-03T05:26:19.424-04:002010-04-03T05:26:19.424-04:00DEREK, I wish you would provide at least a short t...DEREK, I wish you would provide at least a short time in which to edit a post after it has posted.<br /><br />For some reason I spot errors I make more easily when I see it posted.<br /><br />This could be because it is displayed in full.<br /><br />Some other sites are able to do this. It should not be difficult<br /><br />(I apologise for the errors in the previous post)Ray Newtonnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-25740829420338200672010-04-03T05:14:59.003-04:002010-04-03T05:14:59.003-04:00Jerry,
Now why am I addressing you by way of resp...Jerry,<br /><br />Now why am I addressing you by way of response when you have said that you won't around to read what you expect?<br /><br />Because, Jerry there are many kinds of BS. I know, as you knew when you wrote your missive that you would look for, and read, any responses.<br /><br />Nothing wrong in that, only in the denial.<br /><br />TA only tells you what has happened, and Ray Newtonnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-38906969699944551722010-04-02T18:08:57.031-04:002010-04-02T18:08:57.031-04:00All of this long winded hypothesizing by our resid...All of this long winded hypothesizing by our resident economic experts has obviously done nothing to guide their investment decisions one way or another. When you have traded as long long as i have you realize that 99% of that hypothesizing is utterly worthless and has zero profit potential in the real world (although it does make certain individuals feels superior in their own mind). The chartsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-71118736716240934062010-04-02T15:41:06.520-04:002010-04-02T15:41:06.520-04:00Derek, You are trying to trade the gold and silver...Derek, You are trying to trade the gold and silver market, from the work you have done so far, I must assume you are not doing so well. Why don't you keep it simple, buy gold and silver every few months regardless of price and hold it.<br /><br />Investors like yourself are going to be the buyers at gold 3000oz and silver 75oz becasue your charts let you down, you can not time this market, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-46414150826175129692010-04-02T10:52:11.584-04:002010-04-02T10:52:11.584-04:00Expect 5-7 % correction in US markets in April. Th...Expect 5-7 % correction in US markets in April. This dip may be a short term buying opportunity. Emerging markets may correct more than 10%.<br /><br />-AjayAjaynoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-78931408083311550642010-04-02T07:18:37.400-04:002010-04-02T07:18:37.400-04:00"I personally admit when I am wrong, get out ..."I personally admit when I am wrong, get out of that trade and then do the opposite I thought would happen.... works for me!!!!!"<br /><br />Are you sure it is working? Comparing the increase of your net worth since 2001 due to trading, to the price rise of gold. Have you done better? I doubt it. Most people think they have done better, but when they sit down and do detailed Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-8013142029969090252010-04-01T22:05:18.503-04:002010-04-01T22:05:18.503-04:00I personally admit when I am wrong, get out of tha...I personally admit when I am wrong, get out of that trade and then do the opposite I thought would happen.... works for me!!!!!!! But then again, I dont have a newsletter either.....<br /><br />Gotta go with the trend, it is your friend.... manipulation and allAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8706418327765086990.post-58780473644528931092010-04-01T21:37:41.177-04:002010-04-01T21:37:41.177-04:00Blain - please spare the world from any more of yo...Blain - please spare the world from any more of your mindless blathering - it's really annoyingAnonymousnoreply@blogger.com