A PART OF NY » gld

Equities as a long term investment

admin — Sat, 05 Jun 2010 17:57:05 +0000

All those Talking heads keep coming on TV and telling you that stock are a great investment “in the long term”. These two charts price the SP500 in gold over the long term. I think they say everything.

Update on GLD

admin — Sun, 07 Feb 2010 17:34:49 +0000

Target remains at 95.00, an updated chart below..

GOLD

For a summary of this and other Target please go to Summary of Market calls

Update on Gold (GLD)

admin — Sat, 30 Jan 2010 18:18:23 +0000

First the chart..

Gold

Then the guess: On our last post GLD was at 107.17, We still think that this is going to $95.00 (at least), with some bumps along the way.

GLD – A Chart and a guess

admin — Sun, 24 Jan 2010 23:09:07 +0000

First the

Weekly GLD

chart..

And now the guess – GLD to go to 95.00 ish.

Black Friday

admin — Fri, 27 Nov 2009 06:41:28 +0000

On the Original Black Friday a plot to manipulate the Gold market by a couple of very well connected speculators (Gould/Fisk) was ended by the President (Grant) lying to the people. Along the way a lot of people went bankrupt and several banksters died (hung by mob). I wonder what the modern equivalent will bring. The orginal trade blotter from Sep 24 1869 is thus:

Black_Friday_1869

Interestingly the investigation into the original scandal was headed by Andrew Jackson who later became president. His investigation revealed, to the public, very little. I wonder what he really found out?