I will be on BNN’s “Market Call” Thursday November 5th at 1PM EST.
I will be speaking at the “Montreal Investment Conference” November 6th and 7th
Uranium Letter on Crosshair Exploration
Agoracom Blog Home
Archive for October, 2009
Things
Posted by
at 6:27 PM on Saturday, October 31st, 2009
Markets, Money and Life With Grandich and George – October 30, 2009
Posted by
at 5:11 PM on Friday, October 30th, 2009
Good afternoon to you all and hope you’re preparing for a great Halloween weekend. Please find enclosed our next installment of Money, Markets and Life With Grandich and George . We covered some great topics in just 25 minutes including:
- This week’s US GDP numbers …. Real or Juiced Up?
- H1N1 – George sees some trades, Peter thinks its just a bunch of hype
- Peter doesn’t like short-term predictions but he called the gold action this week … what next?
- Answering a ton of questions posted by you earlier today on the blog, including but not limited to:
- Where are we in the melt up?
- Bullish Technical levels for gold
- How junior resource companies will fare this time if the markets go south
- Timmins Gold, Strathmore Minerals, Evolving Gold
- Nancy Pelosi becoming a Dallas Cowboy Cheerleader
Without further adieu, here is this week’s show.
For those of you whose Flash player isn’t up to snuff, here’s the MP3:
DOWNLOAD THE SHOW
For those of you who want to download the show automatically, it has now been approved by Apple and available for download via iTunes. In addition, the show has it’s own podcast section on smallcappodcast.com. The latter also contains an RSS feed for those of you that want to syndicate the show on your site.
Have a great weekend and looking forward to your comments.
Regards,
George
How’s This Susan?
Posted by
at 10:25 AM on Friday, October 30th, 2009
Happy Halloween
Posted by
at 9:23 AM on Friday, October 30th, 2009
Is Swine Flu Paranoia Going Too Far?
Posted by
at 9:41 PM on Thursday, October 29th, 2009
Q&A For Tomorrow’s Show. Please Submit Questions By 9:30 AM EST
Posted by
at 5:47 PM on Thursday, October 29th, 2009
Good evening, everyone. Due to Peter’s travel schedule, we are taping tomorrow’s show at 10:30 AM EST. As such, please post any questions you may have in the comments section below.
Thanks and have a great day.
Regards,
George
A Service You Should Consider
Posted by
at 4:54 PM on Wednesday, October 28th, 2009
After once being a legend in my own mind, I’ve easily accepted the fact I will never be the smartest, second smartest, etc., guy in the world. Instead, I realized if I could find individuals and groups who have demonstrated to me a special skill, I could incorporate all of them into my thoughts and hopefully then have something good going for me. A case in point would be my belief that Mr. David Walker is a 21st century financial prophet and it paid handsomely incorporating that into my work.
Here’s two links to a super service I believe just about all readers can benefit from. You can begin receiving it free by just providing your email address. I fully support their comments on the gold and the U.S. stock market.
Update
Posted by
at 3:18 PM on Wednesday, October 28th, 2009
Markets are quite interesting at the moment. The inevitable stock market correction appears to have finally taken hold. A 5%-10% decline would be the least one would look for as of right now. I wouldn’t yet bet against the “Don’t Worry, Be Happy” crowd so I’m quite content on watching this unfold from the sidelines.
Gee, gold options expired today and what do you know gold fell $30+ the last three days. What a coincidence. I suspect we’ll see a bounce in gold followed by some selling to see if the bears can finally do some real damage. Based on their track record up until now, I wouldn’t break into a sweat if you’re long term bullish like me.
The U.S. Dollar is once again trying to get some sort of a counter-trend rally going but needs to get a close above 78 on the U.S. Dollar Index to do so. Even if it does, any rally looks like it should be capped below 84.
I remain neutral on oil and screaming bearish on 10yr. and higher U.S. Treasuries.
I’m going to put a buy again on NSU as this sharp correction from $3.40 just last week seems to have been enough of a correction. I paid up to $2.60 today and will use that as a buy limit.
I’m adding a new recommendation to my model portfolio. Buy East Asia Minerals (EAS-TSX-V $1.78) up to $1.85
Keep a $1.55 buy limit on KMK until further notice. There’s a lot more to this situation than meets the eye so be careful of what you assume is real information from people who may be playing with one or two hands tied behind their backs.
Things
Posted by
at 9:59 PM on Tuesday, October 27th, 2009
As noted over the weekend, option expiration in the gold market led to weakness. What a surprise-lol! While risk remains to $1,015 – $1,025, and even as low as either side of $1,000 if the U.S. Dollar can get above 78 on the U.S. Dollar Index, don’t lose sight of the bigger technical picture. Richard Russell of The Dow Theory Newsletter has correctly noted how gold has once again broken out from a bullish triangle formation. We remain in a secular bull market that’s been stealth-like and dominated in the news by bears (who have been wrong over and over again) and weak-kneed bulls who missed the latest up move and desperately need a bigger pullback to get back in so not to lose face.
