ctindale - do not miss this opportunity, page-6

lol geeze youve got to repeat yourself here , folks come in with their chest puffed out and its all about big ego's rather than proper analysis and investment

I repeat I didnt like gold equities after USD 1k

I thought there wasnt much more in it from a risk / reward point of view and that the aud price was in any case the main consideration

folks here seem very full of themselves, if you dont say what they want to hear they make up what you said and pour absolute scorn on you, your intelligence, any differing opinions

so the bang the drum folks the "USD is gunna crash, gold is going to 5000 without correction, buy n hold is the only strategy worth contemplating and anyone that doesnt buy into this mono scenario is a piece of

serious folks get over yourselves this is about investment returns

I have layed out a complete scenario , it may take a while to play out, things dont go straight down or straight up , I am looking for a buy point but I dont like gold equities I like physical gold, I have traded gold equities since 2003 I do like gold equities in the right scenario, its not an evil vs good argument its a buy and sell timing discussion. I am expecting a crash and I plan to buy right into the heart of it

imo buy n hold in this market is nuts! if though the buy n hold folk make the cash well then good on them

again the general forecast I was making was

the USD would strengthen
gold would significantly correct (while still being in a bull trend)
golds correction and dollar strength may happen at similar times putting strong pressure on AUD gold equities
Overall general stock market conditions we likely to correct creating further pressure on equities
the credit squeeze is still in play deflation is the overall global trend
another round of the GFC with a number of risk elements coming into play eg sovereign risk Europe, weakening Euro, variable Arms/Alt A and Commercial loan delinquencies
the US economy is not the weakest economy by far

consider the above imo hold your physical gold and sell your equities

because there will be a equity buy opportunity when these things play out

folks who bang on here about gold always being gold equities being a BIG buying opportunity whatever the circumstances need to buy a skirt , some pom poms and join a footy club because they are cheer leaders not investors

now go for you life, all you mon scenario gold investors pour as much scorn over me as you want I simply don't care :)