2009-08-28

El Tomatinia gallery

http://e-vestnik.bg/6979

Gold 4h

Gold is messy right now.
The old downtrend channel (brown) was broken.
There may be new uptrend and may have a triangle here - yellow.
The long term support (pink) is @ ~ $937.

Readings

Uncle Buck bides his time
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/xfzeremc-8c/uncle-buck-bides-his-time.html
USD bull

Gold - time is running out
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/q6dPsHGCRBg/gold-time-is-running-out.html
Gold neutral

When at First You Don't Succeed ---- Make It Up
http://jessescrossroadscafe.blogspot.com/2009/08/when-at-first-you-dont-succeed-make-it.html

Hourly Action In Gold From Trader Dan
http://jsmineset.com/2009/08/27/hourly-action-in-gold-from-trader-dan-156/

More:

World's 50 safest banks 2009
http://www.gfmag.com/tools/bank-rankings/2341-words-50-safest-banks-2009.htm
Via Jesse

Hotel RevPAR off 16.7 Percent
http://feedproxy.google.com/~r/CalculatedRisk/~3/jj7jYkVe0WY/hotel-revpar-off-167-percent.html

In Bulgarian:

Край на рецесията? - България, Германия, Япония
End of the recession - BG, DE, JP
http://ikonomika.org/?p=2849

2009-08-26

Readings

Deficit forecast hiked to $9 trillion; Debt load to triple
http://interestrateroundup.blogspot.com/2009/08/deficit-forecast-hiked-to-9-trillion.html

Lithium and REE: World faces hi-tech crunch as China eyes ban on rare metal exports
http://sufiy.blogspot.com/2009/08/lithium-and-ree-world-faces-hi-tech.html

Bernanke To Get Second Term
http://bonddad.blogspot.com/2009/08/bernanke-to-get-second-term.html

Four more years for "Golden Ben Bernanke"
http://themessthatgreenspanmade.blogspot.com/2009/08/four-more-years-for-golden-ben-bernanke.html

In Bulgarian

Германия - 1 евро минимален капитал (за ООД)
Germany - 1 EUR minimum capital (for GMBH)
http://ikonomika.org/?p=2833

Минимална заплата
Minimal sallary
http://ikonomika.org/?p=2828

Interesting

A Stock to Buy RIGHT NOW
http://www.youtube.com/watch?v=lcqsPZljtDI
Don Harrold joke.

Ted Kennedy dies at 77
http://themessthatgreenspanmade.blogspot.com/2009/08/ted-kennedy-dies-at-77.html
Nice video of Edward Kennedy

Lego mania video
http://www.youtube.com/watch?v=4qsWFFuYZYI&feature=player_embedded
made in 1500 hours (2 mo)

2009-08-21

Gold 4h

The development of gold price was very unexpected. The price "cut" the 3 resistanses (blue and grey lines) and stopped in the middle of nowhere ;) . From there the price began correction and it will be very important where this correction will end.

Now the price may find support at the blue lines (objective $987) or may fell back in grey channel (only upper line is shown, objective $937, then $922).

2009-08-20

Fed Says Banks Tightened Lending in Second Quarter

http://www.bloomberg.com/apps/news?pid=20601087&sid=aA_yjiBTcYVo

Zimbabwe considering gold-backed currency

http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=87809&sn=Detail

Gold 4h and 1h

Gold 4h chart:

Gold 1h chart:Basically these are one and same chart. Gold found support at the $935 blue line, thats parallel to the previous channel. Grey lines shows the downtrend. Formal support act as resistance now and the price have difficulties to go tru $946 level.

One possibility is over time, the blue lines will raise, and the gray line will drop. Then they will "meet" at let say $948 where the the gold price will hit the immediate term peak.

Readings

Euro - You buyin' it?
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/I3mqBGAKZLY/euro-you-buyin.html
Bearish EUR

China takes stock markets down again, astrologers vindicated
http://arabianmoney.net/2009/08/19/china-takes-stock-markets-down-again-astrologers-vindicated/

Nearly everyone was proclaiming a new bull market
http://feedproxy.google.com/~r/RealityLenses/~3/QYc78T65rn4/nearly-everyone-was-proclaiming-new.html

IMF Says Recession Is Over
http://bonddad.blogspot.com/2009/08/imf-says-recovery-is-over.html

Interesting:

Hacker Indicted in Largest Credit/Debit Card Data Breach in U.S. History
http://feedproxy.google.com/~r/LawinfoWeblog/~3/EBSwvtm1e60/

Paneuritmia photogallery
http://e-vestnik.bg/6911
(more info here http://www.panevritmia.info/?lang=en)

2009-08-17

Gold 4h

Unfortunately, the downtrend I spotted on Gold chart was developed and gold fell to the downtrend channel bottom (grey lines), and in same time to general daily support (pink). Note the pink line is estimated, because chart we use is 4 hours.

The low risk enter point in gold is probably now. Now gold must raise, but only to $955.

After that we may expect a correction, but it will be very difficult to predict it at this point, because the price will be inside the blue channel once again.

Readings

Say, wanna see something bullish?
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/CC5uKTEmiWk/say-wanna-see-something-bullish.html
TLT

Time to Get Defensive
http://jessescrossroadscafe.blogspot.com/2009/08/time-to-get-defensive.html

More Than 150 Publicly Traded US Banks Are In Serious Trouble
http://jessescrossroadscafe.blogspot.com/2009/08/more-than-150-publicly-traded-us-banks.html

Still no actions against Henry Paulson's illegal actions
http://realitylenses.blogspot.com/2009/08/still-no-actions-against-henry-paulsons.html
Paulson and Goldman

Gold, Silver, Oil and Gas Technically Speaking
by Chris Vermeulen
August 13, 2009
http://www.safehaven.com/article-14180.htm
...and...
August 17, 2009
http://www.safehaven.com/article-14217.htm

Why Did the U.S. government Confiscate Gold in 1933 and Can it Happen Again?
by Julian D. W. Phillips
August 14, 2009
http://www.safehaven.com/article-14191.htm
non full article...

The Sputnik Moment

Very good documentary, must be seen:

The Sputnik Moment - The Year America Changed its Schools
http://www.youtube.com/watch?v=GhJnt3xW2Fc

2009-08-12

EUR/ZAR

EUR/ZAR 1 dayHere price pretty much go in range (canal) between 10.80 and 11.65. At the moment the price is at the range top and we may expect the price to fall to 10.80 again.

EUR/ZAR 4hHere on 4h chart we can see the supports - 11.30, 11.20, ~11.10 (brown line), 10.90, 10.80 (range bottom).

Conclusion, in the short term, the rand will go up against the EURo. In medium term we may expect the price to stay in the range.

Gold 4h, EUR/USD 8h and USD/ZAR 4h

Gold 4hGold correcting and we may already saw the low point - $ 940.54. It is not on the exact bottom (I miss the trade with $1 too). Now trend must be up to $980 area.

Grey line is probable down trend, and *must* be ignored for the moment.

EUR/USD 8hEURo already corrected, and now going up to $1.45. Note unlike the gold chart, this chart is 8h.

USD/ZAR 4hA reader requested me for EUR/ZAR analysis. I did USD/ZAR instead, but will look at EUR/ZAR later as well. Imortant here is that higher values means higher USD, lower values means higher rand.

Similar to other charts, there are USD-rising channel. The brown line probably forms a wedge, but it is already broken. Now we may see fall to ~8 rands, or fall may continue to 7.8 rands.

This means USD will go lower, and the ZAR will go up, at least in short term.
In long term ZAR may go down against the USD and probably against the EUR.

2009-08-11

Documentary for selling UK's gold



Via: Jesse:
http://jessescrossroadscafe.blogspot.com/2009/08/gordon-browns-bottom-and-sale-of.html
Gordon Brown's Bottom and the Sale of England's Gold







Profit from Financial Spread Betting

Commodities are just one arena to trade for people who are spread betting. Commodities can be volatile, and volatile trading means there are profits to be had as long as there is a wisely placed stop-loss. Profits made by spread betting are also tax-free!

2009-08-10

Gold 4h and EUR/USD 8h

Gold 4hGold going down to ~937, there must be some support at current levels. After decline to the lower boundary of the channel, gold must raise to 975-980.

EUR 8hEUR/USD picture is similar to the Gold, but timeframe is "double" - 8 hours. EUR already declined to lower boundary and any moment now must go up.

Readings

Fannie Mae: $14.8 Billion Loss, Requests $10.7 Billion from Treasury
http://feedproxy.google.com/~r/CalculatedRisk/~3/DOnIYNzanhA/fannie-mae-148-billion-loss-requests.html

Dollar Sentiment Charts
http://trendsman.com/2009/08/06/dollar-sentiment-charts/

Goldman Sachs $100 Million Trading Days Reach Record
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=am7Ds.JhNxvw

Krugman: "Great free fall seems to be over"
http://feedproxy.google.com/~r/CalculatedRisk/~3/2kX4g4iQoxA/krugman-great-free-fall-seems-to-be.html

Employment Report: 247K Jobs Lost, 9.4% Unemployment Rate
http://feedproxy.google.com/~r/CalculatedRisk/~3/JB4K53ROk4Y/employment-report-247k-jobs-lost-94.html

Forex Fridays
http://bonddad.blogspot.com/2009/08/forex-fridays.html

Will the US Dollar Falter on an "Iron Cross"?
http://jessescrossroadscafe.blogspot.com/2009/08/will-us-dollar-falter-on-iron-cross.html

Krugman: Reappoint Bernanke
http://feedproxy.google.com/~r/CalculatedRisk/~3/5zznZNx4qVw/krugman-reappoint-bernanke.html

Gold will correct back in financial market turmoil
http://arabianmoney.net/2009/08/10/gold-will-correct-back-in-financial-market-turmoil/

Even more CASH for Clunkers
http://feedproxy.google.com/~r/LawinfoWeblog/~3/VF9MwBr5fNI/

Cash For Clunkers Explained
http://www.youtube.com/watch?v=g8N3sB_YNOM
Video from Don Harrold :)


Interesting:

GOOD: Mini Wind Turbines
http://www.youtube.com/watch?v=2g_BXY4gmK8&eurl=http%3A%2F%2Fwww%2Egoogle%2Ecom%2Freader%2Fview%2F&feature=player_embedded

650 million years in 120 sec
http://www.dailymotion.com/video/x8266a_650-million-years-in-120-min_tech


In Bulgarian

Владимир Путин - 10 години на власт
http://e-vestnik.bg/6808
Putin - 10 years in power

CEDE & CO.

I listen to a radio for this conspirative article.
However I did not understood anything and I decided to look for it,

Electronic Thievery Underway
http://www.goldandsilverexchange.info/electronic-thievery.html

this was brought from Jim Sinclair website, and he did not really commented on it...

In the news today
http://jsmineset.com/2009/07/29/in-the-news-today-263/

however, the one who posted it to JS, got it from here...

Who really owns your stocks
http://tycoonreport.tycoonresearch.com/articles/498930687/who-really-owns-your-stocks-hint-it-s-not-you


Interesting thread on the subject is this one:

WTF is the DTCC and CEDE & CO.
http://www.grandinite.com/2008/09/22/wtf-is-the-dtcc-and-cede-co/

2009-08-07

Gold 4h

Blue channel = in tact.
Brown channel (shown only upper boundary) = broken.
The pink line may or may not act as support.

2009-08-06

Gold 4h and 1h

Gold 4hThe blue channel is still in tact. The wedge from previous post (brown top and pink bottom) was broken, but support was found before what may be parallel channel (brown).
Now prices are near blue channel top, and price must go down at least to brown channel bottom ($956), but I dont think is good entry because the price may fall to blue channel bottom ($935).

Gold 1hHere we see the probable channel (brown).
There must be selling around $970 (even it was broken for a while).

Links

SPX 60 minute chart
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/CR-HNa6HDcc/spx-60-minute-chart.html

Treasury keeps increasing the size of its debt auctions
http://interestrateroundup.blogspot.com/2009/08/treasury-keeps-increases-size-of-its.html

Thursday Oil Market Round-Up
http://bonddad.blogspot.com/2009/08/thursday-oil-market-round-up.html

Wednesday Commodities Round-Up
http://bonddad.blogspot.com/2009/08/wednesday-commodities-round-up.html

Hourly Action In Gold From Trader Dan
http://jsmineset.com/2009/08/05/hourly-action-in-gold-from-trader-dan-154/

Gold, Silver, Oil and Nat Gas Technical Update
by Chris Vermeulen
August 05, 2009
http://www.safehaven.com/article-14111.htm

2009-08-05

Readings

4 Weeks to Go
by Angelo Campione
7/26/2009
http://www.safehaven.com/article-14028.htm
SPX

Gold, Silver, Oil, Nat Gas with a Technical Melt Down
by Chris Vermeulen
July 30, 2009
http://www.safehaven.com/article-14055.htm

Do Not Be Fooled, Another Major Economic Collapse Could Be Coming Sooner Than Many Think
by Robert McHugh
August 01, 2009
http://www.safehaven.com/article-14073.htm

Gold Bugs' Bet on China - a Mistake?
by Boris Sobolev
August 02, 2009
http://www.safehaven.com/article-14088.htm
can not understand it

Ignore the ‘noise’
by Puru Saxena
July 24, 2009
http://www.financialsense.com/editorials/saxena/2009/0724.html

Interesting

CNN Poll: 50% favor health care reform
http://money.cnn.com/2009/08/05/news/health_care_poll/index.htm?section=money_topstories
Obamacare

Gold 4h

Gold @ 4h
Blue lines forms an upper channel. Brown lines forms a bearish wedge.
Probable development is the wedge to be broken and the price to go to lower blue channel line. Then - up.

2009-08-04

Readings

Silver: Inflation Adjusted-All Time High
http://trendsman.com/2009/07/28/silver-inflation-adjusted-all-time-high/
According to the Mogambo Guru, the inflation adjusted all time high in Silver is $1,012/oz. That is in 1998 dollars.
My comment - may be not, because it was clearly a bubble. Check wikipedia for "Hunt Brothers".

Bailouts to Reach $23.7 Trillion!
http://trendsman.com/2009/07/20/bailouts-to-reach-237-trillion/
...and...
http://feedproxy.google.com/~r/RealityLenses/~3/ui0ALFzM8B8/us-bailout-cost-could-reach-237.html

June existing home sales climb 3.6%
http://interestrateroundup.blogspot.com/2009/07/june-existing-home-sales-climb-36.html

Gold disoveries since 1997
http://feedproxy.google.com/~r/RealityLenses/~3/CA3lC3Gqd7o/gold-disoveries-since-1997.html

Gold ETF Holdings since 2003
http://feedproxy.google.com/~r/RealityLenses/~3/seAU7wKZ1_Y/gold-etf-holdings-since-2003.html

Historical Annual S&P 500 Earnings
http://feedproxy.google.com/~r/RealityLenses/~3/dKi40s_3pnc/historical-annual-s-500-earnings.html

Major revisions to the GDP data
http://themessthatgreenspanmade.blogspot.com/2009/07/major-revisions-to-gdp-data.html

97 Days To Go
http://jsmineset.com/2009/08/02/97-days-to-go/
by Jim Sinclair

Forex Fridays
http://bonddad.blogspot.com/2009/07/forex-fridays_31.html
USD

Uncle Buck did not RSVP
http://feedproxy.google.com/~r/BiiwiicomNotes/~3/xVryJDBY-2s/uncle-buck-did-not-rsvp.html

SPX Chart from Jesse
http://2.bp.blogspot.com/_H2DePAZe2gA/SndmKd_HmtI/AAAAAAAAJeo/H_jd25UVlsg/s1600-h/sphourly2.PNG

Monthly Gold Charts From Trader Dan
http://jsmineset.com/wp-content/uploads/2009/07/Charts-for-7-31-2009.pdf

Hourly Action In Gold From Trader Dan
http://jsmineset.com/2009/08/03/hourly-action-in-gold-from-trader-dan-152/
(last one)

Videos

Marc Faber thinks the crisis is far from over
http://arabianmoney.net/2009/07/30/marc-faber-thinks-the-crisis-is-far-from-over/
video

Jim Rogers on investing in China and the bubble
http://arabianmoney.net/2009/08/02/jim-rogers-on-investing-in-china-and-the-bubble/
video

Buying vs Renting
http://www.youtube.com/watch?v=YL10H_EcB-E&feature=player_embedded
...and part 2...
http://www.youtube.com/watch?v=QA2TBiIsdT0&feature=related

Interesting

Fridman on spending money
http://www.youtube.com/watch?v=5RDMdc5r5z8&feature=player_embedded
video

Mike Maloney - Gold needs to go to $15,000
http://www.youtube.com/watch?v=ckFfzoplC-I
video with Robert Kiosaki (aka Rich Dad)

Mike Maloney, precious metals specialist for Robert Kyosaki : buy REAL gold !
http://www.youtube.com/watch?v=KSvX7Vt_fNo&feature=player_embedded
video without :-) Robert Kiosaki

In Bulgarian

Видеонаблюдение за проблемите на подрастващите
http://blog.peio.org/?p=4755
original article in English:
http://www.express.co.uk/posts/view/115736/Sin-bins-for-worst-families

2009-08-01

Readings

Nassim Taleb interview
http://www.cnbc.com/id/15840232?video=1170590726&play=1
video from JUL.2

Ron Paul "Obama Got 1 Million From Goldman Sachs Planning A World Currency"
http://www.youtube.com/watch?v=DdwzJeu_uF8&NR=1
video from JUL.18

Uncle Jay Explains the ... healthcare
http://www.youtube.com/watch?v=Th0LAoBhESs
video

IMF Gold Sales May Begin in 2010, Citigroup Forecasts
http://www.bloomberg.com/apps/news?pid=20601012&sid=ajddFgw1DIzI
Actually the article says nothing


Interesting:

Gordon Brown speach @ TED
http://www.ted.com/talks/view/id/604
It is very good speach, but I feel strange when I hear it from him.
Also he "propagate" the idea for word governence boby related to global warming and one more world body for economy (e.g. World Central Bank).


In Bulgarian

САЩ вдигна интернет ембаргото за Сирия
http://ruslantrad.wordpress.com/2009/07/27/america-ends-internet-embargo-on-syria/
(US removes Syria internet embargo)

Бойкот на Nokia - как компанията помогна на режима в Иран да подслушва
http://e-vestnik.bg/6664
(Boycot for Nokia mobiles in Iran)