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- Bluehills replied Feb 20, 2012
How are you guys shorting gold?
- Bluehills replied Oct 29, 2010
Just got my Oanda account funded today so I'm gonna jump right in here. Daily Perspective Buy Limit @ 1351 SL @ 1318
- Bluehills replied Dec 8, 2009
I agree with silverheat, when I think about gold I look at the economy and not so much "the action" of gold. Could it be oversold right now? Sure maybe, who knows. One thing that I do know is, like silverheat said, is that the US is in debt up to ...
- Bluehills replied Dec 6, 2009
1000 is very realistic in my opinion. I also feel that if we see gold come down that much then we will see a lot of buyers move into the market. Myself included. There is a lot of speculation in this market but I think there are very strong reasons ...
- Bluehills replied Dec 4, 2009
I am looking to enter long on this retrace. From what I can see, the US economy is still in the toilet. I'd imagine central banks holding US Bonds understand this too and will further diversify away from the dollar in the future. That being said, I ...
- Bluehills replied Dec 4, 2009
Exactly, and that is just the base money supply. Fractional-reserve banking expands that figure drastically. And in my opinion that is the problem, not that our currency's value is issued merely by decree. Whenever you have a centralized private ...
- Bluehills replied Dec 4, 2009
I like the idea of a currency backed by as basket of commodities rather than just gold itself. It's true that our currencies should be actually backed by something, but the gold supply is open to manipulation and the market could be easily cornered.
- Bluehills replied Dec 3, 2009
yea yea aliens, nibiru, anunnaki. I personally don't think I believe it that but its your prerogative. It IS my belief that the dollar will continue to decline in value and all precious metals will act accordingly. Do you have a strategy or method ...
- Bluehills replied Dec 2, 2009
How are you determining your trades? Breakout of the first X bars?
- Bluehills replied Dec 2, 2009
ditto. I first though we were seeing our retracement when we met resistance at 1200. Oh sure, it pulled back alright. THEN it bounced off 1137. That is some strong buying pressure right there. I think it is warranted too. Big changes are coming in ...
- Bluehills replied Dec 2, 2009
spider, What do you use to trade gold? ETF, futures?
- Bluehills replied Dec 2, 2009
A gold backed currency in the future? That's an interesting idea. Why would governments want a gold backed currency? The supply of gold is very easily manipulated and this would mostly benefit the private companies that supply governments with their ...
- Bluehills replied Nov 30, 2009
...Not to mention that central banks charge interest on money that THEY CREATE OUT OF THIN AIR ...and S&L banks charge interest on loans THAT THEY CAN'T BACK UP Fractional-reserve banking = FAIL ...once again, just how I see it
- Bluehills replied Nov 30, 2009
Just my opinion... But, I believe gold will have more utility than USD in the next 10-20 years. The world is a crapshoot. Unsustainable debt, massive deficit spending, coming energy crisis, exploding populations, dwindling food stores. I feel that ...
- Posts by Member Search: 'Bluehills'