content que ça plaise

les graphs ne sont pas de moi mais je fais ma popotte avec


avouez que c'est tentant ...

open bar !
tout le monde se rue au bar !
vous vouliez des liquidités ? Bernanke superman ouvre les vannes

INFLATE OR DIE

don t fight the FED

+1
les apprentis sorciers, manipulateurs sont aux commandes
et plus leurs mensonges seront gros, plus il auront de chances d'être crus

http://bullmarketthinking.com/we-must-l ... an-speaks/

Listen When A 100 Year Old Man Speaks

November 15, 2012 | By Tekoa Da Silva | 2 Comments

A sneaky thing happened over the last five trading days. The major gold mining companies leapt back into oversold territories (when measured against gold), the likes of which are only seen a few times a century. This summer as many mining analysts pointed out, miners hit their most oversold levels in the last 30 years, and only seen five times in the last 100. Following this extreme, the GDX rallied from $41 to $55 per share, a 34% move in two months, and the GDXJ made a 38% move in the same period.

Here is a chart of the GDX to GLD ratio. As you can see it has exploded upwards in the last few trading days.



When looking at this chart, the question must be asked—are we setting up for a sharp decline in the ratio, which would indicate another explosive rally in the miners?

There is never any certainty in the financial markets, but in recent conversations with friends of mine I’ve been saying the same thing over and over. When they ask me if now is a good time to buy mining shares I say:

“If you met a man who was 100 years old, and asked him if he’s ever seen the mining sector this cheap, he might do two of two things.

He might first creak back in his wooden rocking chair (you not being sure if the creak is his back or the rocking chair itself), and second he might say, ‘Ahh yes. I’ve seen mining shares this sold off when compared to gold 5 times in my life. Once when I was 20, once when I was 40, once when I was 60, once when I was 80, and…now.’”

The risks are simply too great to buy retail investments during any of the other 95 years of this “old man’s” life. If you are not a mining executive, accredited investor, or resource developer, these are the only times in which your investment dollars can buy extreme leverage, and they must be looked upon as extreme and short-lived opportunities.

If you’ve ever used public transportation in a major city before, you know the train or bus conductor could care less whether or not you make it on before the doors close. The same could be said about the markets. They could really care less whether or not you get on at the right time. But heck…if a bus route only comes around once every 20-30 years…why not hop on and see where it takes you?

In more clear terms, I think this a good time to assemble a list of your favorite mining stocks, and see where they take you over the next 12-24 months.

Best,

Tekoa Da Silva

c est parti les mecs

http://smartmoneytracker.blogspot.fr/20 ... is-in.html

http://bullmarketthinking.com/the-soros ... ing-about/



The Soros Position Nobody is Talking About

November 21, 2012 | By Tekoa Da Silva | 3 Comments

Just about everyone in the gold and money management communities, is aware that billionaire George Soros’ hedge fund, Soros Fund Management LLC, is heavily invested in gold and gold mining equities. Additionally, in the past few days, a flurry of new articles have been written, detailing the Soros Fund’s most recent 13-f filing. In case anyone is unfamiliar, a 13-f filing is a document which contains a fund’s investments held during a financial quarter, and when we compare a recent 13-f with a previous 13-f, we can see the buying and selling activities of a fund during a given time frame.

In the most recent 13-f filing on November 14th, the Soros fund increased its position in gold via the GLD fund from 884,400 shares, to 1.3+ million shares. That represents a sum of about $200 million. The fund increased its position in the GDX gold miners ETF from 1 million shares, to over 2.3 million, it added a 1.7 million share position in Kinross Gold, and finally, maintained a nearly 2.4 million share position in the GDXJ junior gold miners ETF.

But it seems I left something out. Along with all the other financial news editors.

The Soros Fund added what appears to be a $9 million call option position on the GDX.



What might that mean?

Well, it could mean a few things. It could mean that George Soros and his fund management team listen closely when a 100 year old man speaks. It might also mean the team felt that gold mining equities were extremely undervalued on a short term basis…and it might also mean the team sees money to be made over the next 6-12 months, via a sharp move higher in the GDX.

One thing we do not know, is the expiration date and strike price of the options. However, given the size of the fund, and size of the option position, it’s very unlikely that the options are short-term(less than 6 months), and due to necessary volume to fill such a position, they are likely “close to the money”—to use a piece of option jargon.

It’s encouraging to see one of the world’s most successful billionaire investors moving cash into the gold mining equity space, especially during a time in which many a smart market commentator has pounded the table to anyone who will listen, of the value to be had in the sector. There is no doubt great numbers of retail investors have abandoned the mining equity space this year.

We should also note many of the retail and institutional investors who abandoned their ships (positions) over the last six months, may have inadvertently been selling their holdings directly to the Soros Fund Management LLC team.

In betting who will ultimately be right or wrong from a financial perspective, I’ll be placing my bets on the Soros Fund.

Best of luck in the months ahead,

Tekoa Da Silva