I am wondering if anyone is a subscriber to this site

http://enterprisecorruption.wordpress.com/

if so, can you please p.m. me? Thanks in advance

a lot of their stock chart data is wrong too, because of the way they adjust for dividends and distributions.

data adjustment activity on our Data Adjustments page at:
http://stockcharts.com/charts/adjusthist.html

So you will see on their stock charts alltime high and low prices that are nowhere else. And they claim this is more accurate. If we all send in complaints they will listen. But I must say from correspondence I've had with him, this guy "Chip" is well-named - he has a real Chip on his shoulder

Gann talked in terms of cycles, one of his faves was the 60-period. In 1948 there was a huge spike and collapse in commodities - so too in 2008. There was also a repeat in 1951..... I don't think its over for pm's, but it is too popular for my liking now (having been a bull since Aug 2000). So a nice shakeout would be welcome here, but I am not shifting my core position. Just sayin'...

Nice call. The way they are fading FCX today is a bad sign for metals, ditto Brazil

+ 1

GOOG weakness, GS, AAPL of course,  - in general a lot of market favourites are either weak or in rising wedge patterns, including commodities. Is anyone else concerned the market is setting up for a good sized break here?

Nothing personal, I like your posts. But  investors need to understand that rising energy costs hurt a lot of businesses, i.e. tramps, cars, the miners.

As for miners, Bullion in the hand will always be worth more than in the ground, so separate out the miners from consideration. As for silver it is not parabolic, not yet. It is an orderly rise so far (suggestion- look at it in log terms).

What all these markets are saying is that the dollar is losing reserve status. That's why it is Russian Roulette to short gold or silver. One day we will wake up and  won't be able to buy gold or silver bullion AT ANY PRICE. I would not want to be short then. It could happen any day, who knows when?

Along the way, ordinary stocks may rise further than we think possible just because it is better to hold shares than to hold paper dollars. But eventually this tower of paper is going to collapse

If you look at the ratio on a multi-decade basis, it appears the ratio is breaking out, implying $43 and then $64 silver. But ultimately gold will out-perform it, when the dollar loses reserve status

The question is, what is the best place to store money that will insulate it against rising inflation, uncertainty?   

I look at all the choices and conclude that if I add a mere 3% fuel and food inflation to shadowstats 9% real inflation number I am losing 12%+ per year in purchasing power if I stay in cash. I don't dare buy bonds or real estate because the global debt bubble is still deflating. China could go bust any day and money is flowing out of the BRIC emerging markets so I'm not going to buy commodities. I can't buy grain using an ETF like DBA that keeps buying/rolling into higher futures prices. Stocks offer no value so that won't work.....which leaves gold.

what's more important is that gold and oil are going up together. It is very bullish for p.m.'s. Imagine gold more than 10x current price.....in $USD

why trade gold and silver stocks when you can buy the bullion and sit on it? This is a Crack Up Boom

TSX is closely tied to precious metals

Right, I believe that part of the Obama plan has not been instituted yet. I know at least one dealer who does not require personal info from clients. Get  'em while that lasts, I doubt it lasts forever.

Just in terms of wanting info re the ultimate protection of assets and avoiding Exec Order 6102:

 Since Maple Leafs are minted by a Crown (govt) Corp. , the Cdn Govt has the right to seize them from Cdn's, but they do not have the legal right to seize privately issued gold or silver coins, etc. Cdn's can buy US gold buffalos from a US dealer and pay no tax, but they will pay  tax on Eagles. In Canada bullion purchases are not tracked, which is why a lot of foreigners go there to buy and store them. As far as I know US purchases are not tracked either. Does anyone know for certain?

I have a US-based firm name I can recommend for sales/purchases of both if anyone is interested

yeah, I meant that Gold/silver probably have more room to correct. Sorry for the confusion

Nice, I had a 40 Ford deluxe coupe also. Flathead.  Great car except in the winter (no heater).

Here's my former Stang

Gold should have been way up given the dollar plunge the past two days. It has further to correct. I have April puts for protection

I had a collection of muscle cars  (until I sold them in 2006), including a two-owner 66 GT Mustang Convertible, Ice Blue with Pony interior. Great car. Can't tell you how many people came up to talk about their experinces with these first gen mustangs. Seems everyone had a great story. I sold it to a family in Denmark. They send me pics with their new trophies every once in a while. It was (is) a great car

[for some reason I cant upload a pic]

Future of AAPL, GOOG, MSFT, content

if anyone has any ideas on how this will affect the music industry from the perspective of musicians -  IOW, the labels are dying and so is radio, so how do musician's monetize this? - please p.m. me

no worries.