Published by Mr. Contrarian
Just like the Canucks. Everyone likes a winner, and everyone likes a bandwagon.
http://www.gold-eagle.com/editorials_08/field091808.html
Having said that, the time may be ripe for a sustained move upwards in gold over the next 2-3 months. Seasonally it is usually strong from about late july till Dec-Jan I entered a small position in a gold ETF in late july […]
. Sep 18, 2008
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Published by Mr. Contrarian
Yes, the stock market is plunging faster than the log chute at Canada’s Wonderland. Yes, the pillars of Wall Street - first Bear Stearns, now Lehman Brothers and Merrill Lynch - are crashing into the Manhattan asphalt. Yes, the global economy is heading for a slowdown and possibly a recession.
No, you should not be throwing […]
. Sep 16, 2008
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Published by Mr. Contrarian
Clip today, from the technical guy (Business News Network)
9:45 to 12:08
Comments by Larry Berman on Primarily HNU he sees value in gold $725-750US (buy HBU). Oil at $80-85US (buy HOU) and value in gas right about here (HNU).
Although I am on record and saying if gas backs off further down below $7/unit you should be […]
. Sep 16, 2008
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Published by Mr. Contrarian
For long term investments for kids, and possibly for your own RRSPs (especially if you already have a pension). Etrade has the lowest fees $9.99 per trade I strongly suggest you guys set up RESPs for the kids thru Etrade Canada and sell off your mutual funds to move all funds into here mutual funds […]
. Sep 15, 2008
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Published by Mr. Contrarian
Hello all:
http://www.321energy.com/editorials/chaize/chaize091408.html
Here is a great editorial on the correction in the price of oil that we are currently experiencing, my guess likely to complete sometime between the US election and the jan09 inauguration. My past target for oil was down to the $80-85 US/bbl level.
Here is someone who figures $77 is a realistic target for […]
. Sep 15, 2008
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Published by Mr. Contrarian
From the vancouver sun friday sept 13th, business section D3.
From 1/2 way thru article:
Now is an outstanding time to be investing. There is always bizarre investor behaviour that when stocks are high in price and rising, that everybody is more than happy to jump into the market. Then, when they go on sale, they head […]
. Sep 15, 2008
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Published by Mr. Contrarian
As oil continues to correct down thru $100/bbl, HOD is running away on me/us. I have a position already, my avg cost was maybe $9.50 on it’s way down to $6, but since oil has peaked early July08, the trade has reversed and HOD is now north of $12.
I’m trying to buy a lot more […]
. Sep 11, 2008
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Published by Mr. Contrarian
The technical evidence is pouring in that gold is making a secondary test of its August 15 low. This means that we are at an important buy point for gold, and people who have been watching from the sidelines now have an opportunity to enter the market.What we have just been through is a central […]
. Sep 08, 2008
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Published by Mr. Contrarian
This past weekend’s Globe and Mail there is a high degree of cyclicality in the markets.
http://www.reportonbusiness.com/servlet/story/RTGAM.20080906.wstmain06/BNStory/SpecialEvents2/home
Highs and lows within any year, and also within any given four year US presidential cycle opportune time to enter markets is likely 2nd half of sept or early oct in advance of cdn and US elections and the period […]
. Sep 08, 2008
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Published by Mr. Contrarian
In today’s The Boston Globe
I agree with premise, nuclear energy is a lot more expensive than those advocating it’s use, are willing to admit but i argue that this will NOT stop nuclear energy.
It is clean. green and doesn’t involve buying oil from terrorists. As such, it will push thru REGARDLESS of the costs. What […]
. Sep 06, 2008
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