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One other indicator you did not mention is that the net COT commercial index for gold and silver has been getting progressively more short for the last 6 months, suggesting a coming temporary top. I can't wait for a significant pullback in gold and silver, so I can buy more. All countries...

In addition to the amateurs and general public, countries are investing their declining US dollars into gold: http://www.ft.com/cms/s/0/7110a75e-c85c-11de-a69e-00144feabdc0,s01=1.html In fact, only a minority of the general public (in the US, at least) is buying gold. When I talk to...

How, specifically, has GS made large bets to profit from option-ARM loans that are due to reset next year? How will they benefit financially from single family home foreclosures and REOs?

Starting this spring and lasting for a couple of years, resetting of option-ARM real-estate loans will occur which will likely impact real estate similar to the sub-prime crisis that has occurred in the last 2 years. Companies that specialize in purchasing single family homes in foreclosure or...

True, but the national debt and money supply are both astronomically higher now than they were in 1979-80. Our national debt is literally unpayable and the likelihood is that the value of the US dollar will continue to decline and eventually be replaced as the world reserve currency. The general...

I agree that a little of both is a good idea. However, I was also reading that the ratio of silver to gold prices varies between 30-60:1. Currently, the ratio of silver to gold is about 63:1. I believe this is because gold is in the news right now, but there is much less discussion about...

http://www.investopedia.com/terms/g/gartley.asp

I have asked several individuals who have trading courses for copies of their statements, but no one has ever complied. One instructor said that Russians are notorious for being able to get into your brokerage account and drain the funds even if you blacken out the account number. Another one...

http://store.activetradermag.com/index.asp?PageAction=VIEWPROD&ProdID=940...

It is probably a good idea to buy both gold and silver as a hedge against inflation and a further deterioration of the dollar, as well as to protect one from the small but real possibility of a financial catastrophe. However, if you wanted to buy more of one than the other, which do you...

Larry Levin has an interesting nightly newletter with opinions about the economy that I enjoy reading. I purchased his expensive Secrets of Traders course, but was unimpressed when I received it and sent it back for a refund. It had some information of value, but not enough to justify the cost...

I closed my accounts at BAC about a year ago. The branch manager tried to convince me not to do so by saying that they were the largest bank in the US, that the government would not let them fail and that they were correcting their financial problems. There was no point arguing with him, so I...

Everything that I have been reading for months suggests that the Fed will continue to print money to monetize our unpayable debt and to devalue the dollar in order to make our future debt payments with less valuable dollars. The effect of the increased money supply has been to increase the value...

Why do you say to forget GLD and SLV? How is that one of the Fed's tools? I agree with owning some physical gold and silver, but gold stocks and gold/silver ETFs seem like a good way to diversify in the precious metals sector.

I am interested in learning to trade using Market Profile. I would appreciate the opinions of people who trade profitably regarding: 1. The best books on Market Profile (I just ordered Mind Over Markets) 2. The best charting software for Market Profile. 3 The best online courses...

I keep wondering if we are going to get a black Monday, Thursday or Friday this October. Therefore, I am being very cautious with stocks until November. If we do get a nice correction, I plan to get much more aggressive with stocks because, seasonally, the market goes up starting at the end of...

I want to get my money out of US dollars, but I don't know if any currency is safe right now. So my goal is to get most of my trading capital into real assets like metals, oil, agricultural commodities, etc., which should do well with the coming inflation and currency devaluations. I am buying...

I have only had a few futures brokers, but I believe that most of them do allow you to trade out of your IRA if you open a self-directed IRA. For instance, Trade Station and PFG Best allow it and I suspect that many other futures brokers do as well. However, I strongly agree with you that...

This company can tell you all the rules. http://www.trustetc.com/ I have all the rules in CDs they produced, but cannot remember them off-hand. I know you cannot buy your home, your children or parents home with IRA money and you cannot invest in your own business with your IRA money. But...

To StLousTrader. I live in St. Louis and enjoy meeting other traders. I am a physician and would be happy to meet you at my house first so that you can verify that I am legit, before inviting me into your home. I realize that you are not posting to prove anything to anyone, but wouldn't it be...