2010-04-27

Readings...

SP Futures Daily Chart
http://feedproxy.google.com/~r/JessesCafeAmericain/~3/pDRX5DMcco8/sp-daily-chart.html
wedge in SPX

Is Goldman Sachs another Salomon for Warren Buffett?
http://www.arabianmoney.net/us-stocks/2010/04/27/is-goldman-sachs-another-salomon-for-warren-buffett/
incl video

Euro Gold Continues To Make New Highs
http://jsmineset.com/2010/04/26/euro-gold-continues-to-make-new-highs/

In Bulgarian

Greece, Estonia and Bulgaria
http://ikonomika.org/?p=3791

The crysis of credit

Movie, reprinted.

http://www.youtube.com/watch?v=Q0zEXdDO5JU


and

http://www.youtube.com/watch?v=iYhDkZjKBEw

Why Silver is a better Investment than Gold in 2010

This is interesting article I received by email today.

1. Gold has been achieving new highs for months. Gold reached its highest historical level this winter, but Silver is still about 20% below its record high (winter 2008). Silver is set to rebound and those who hold silver or silver stocks will reap the rewards.

2. Gold/Silver Ratio: Historically, the gold/silver price ratio has been 1-to-16. Today it sits at 1–to-67. Silver is ready to catch up. We don’t expect it to rebound all the way to historical averages, but the current ratio is definitely higher than it should be, and when it comes down, silver prices will rise.

3. 2009 Supply Shortfall: In 2009 silver demand worldwide was 888 million ounces. Mining production was only 680 million ounces.

4. Silver Stockpiles Dwindling: Silver demand has been 156% higher than production annually for the past 19 years. Worldwide above-ground reserves are estimated at 140 million ounces. That is only a 4 month supply.

5. Chinese Demand: China Daily reports that demand has tripled to 2,600 tons. Silver is being marketed by the Chinese government as an investment to its citizens by state-sponsored television advertising. If only a small percentage of China’s 1.3 billion people buy silver, it will drive the price much higher.

6. Inflation: The values of Gold and Silver both increase as inflation rises. Demand for Gold and Silver also rise when inflation rises. With all the mass printing of dollars and other currencies around the world, the values of Gold and Silver will certainly increase.

2010-04-19

GBP/USD H&S forming



On 4 h GBP/USD chart a H&S may be forming.

Gold 4h chart with some trendlines


brown - estimated channel from daily / weekly
blue - broken uptrend
green - broken consolidation - not important
pink - horizontal supports.

2010-04-17

Grand Reading :D

The turning point may be 2016 - 2020
http://feedproxy.google.com/~r/Bearwatch/~3/Tlsg35DpsgM/turning-point-may-be-2016-2020.html

Inflation or Deflation?
http://biiwii.blogspot.com/2010/04/inflation-or-deflation.html

Greece, Market and More
http://feedproxy.google.com/~r/CalculatedRisk/~3/WUaq8P-BhzE/greece-market-and-more.html

Housing starts climb to 16-month high in Marchfrom Interest Rate Roundup
by Mike Larson
http://interestrateroundup.blogspot.com/2010/04/housing-starts-climb-to-17-month-high.html

"Goldman Sachs Are Scum:" Max Keiser on Goldman Sachs From July 2009
http://jessescrossroadscafe.blogspot.com/2010/04/max-keiser-on-goldman-sachs-from-year.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29&utm_content=Google+Reader
video

Eric Sprott on the Economy, the Markets, and the PHYS Gold Trust
http://jessescrossroadscafe.blogspot.com/2010/04/eric-sprott-on-economy-markets-and-phys_15.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29&utm_content=Google+Reader

The Intra-Day Pattern in Gold Trading
http://jessescrossroadscafe.blogspot.com/2010/04/intra-day-pattern-in-gold-trading.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29&utm_content=Google+Reader
very interesting

Foreclosure Activity Hits Record 932,234 properties in First Quarter; Defaults Rise In Loan Modification Program; Statistical Nonsense on "Help"
http://feedproxy.google.com/~r/MishsGlobalEconomicTrendAnalysis/~3/1EYeGcdqbRk/foreclosure-activity-hits-record-932234.html

The Concise Guide to Everything in 327 slides
http://feedproxy.google.com/~r/MyNotesOnTheStockMarket/~3/cm4RaeqqiNo/concise-guide-to-everything-in-327.html
still not read it...

Focus on the Bond Market.
http://martinmarketreport.blogspot.com/2010/03/focus-on-bond-market.html
the so called H&S bottom in bond prices. Similar to gold H&S 2-3 mo ago, this figure is not H&S. Anyway post is good to be seen, to understand what others thinking.

Jim Rogers still bullish on commodities
http://www.arabianmoney.net/gold-silver/2010/04/13/jim-rogers-still-bullish-on-commodities/
video

Roubini sees Fed rates on hold for a year
http://www.arabianmoney.net/banking-finance/2010/04/14/roubini-sees-fed-rates-on-hold-for-a-year/
at least once I agree with him
video

Hourly Action In Gold From Trader Dan
http://jsmineset.com/2010/04/16/hourly-action-in-gold-from-trader-dan-253/

Important:

Dow / Gold ratio
http://www.sharelynx.com/chartstemp/DowGoldRatio.php

Programming:

Is there a performance difference between JOIN and WHERE?
http://www.mysqlperformanceblog.com/2010/04/14/is-there-a-performance-difference-between-join-and-where/

When the subselect runs faster
http://www.mysqlperformanceblog.com/2010/03/18/when-the-subselect-runs-faster/comment-page-1/

2010-04-16

Dow : Gold ratio

Dow: 11,015 (still over 11k)
Gold: 1,132
Ratio: 9.73

Last time I checked - 9.5 (2009-10-15),
lowest seen - 6.9 (2009-03-06)

Gold charts after GS.

After SEC accuses Goldman Sachs of civil fraud , shares thumble. Gold followed. We will see if this will be the so called second dip of the crysis, or is just a buying opportunity.

Here are latest gold analysis:

1 week:

Upper channel is clearly seen, from this chart we can not be sure if trend is up or down, but if is down, target will be ~1100.

1 day:

Another upper channel, and the price already declined from upper boundary. Now we will see drop to lower boundary (support). Note lower boundary is same as the lower boundary (support) from 1 week chart.

4h:

nothing interesting here, just some trendlines. Blue line is estimated support from daily and weekly charts.