Remember
Forgot password ?
Connect
Register for a free account
Sign in with Facebook
Close X
Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
English
French
Subscribe
Log in
Word, article or author
Company name, symbol
A mine, a project
Gold bullion
Silver bullion
Gold & Silver Prices in
Choose
Chinese
Hindi
English
Spain
Arabic
Thai
French
Deutch
FORUM
Gold and silver
Political, Dollar, USA
It's nice to talk about...
Physical Gold and Silver
Ebay, Amazon, Shop
Gold and Silver Mining
Technical Analysis
Gold and Silver currency
Numismatic
Economy - Stock - Property
Brainstorm
Gold and Silver ware
Announcement
Gold price handling
The best
The best places
24hGold
WORLD PM NEWSFLOW
All
Gold
Silver
Copper
Zinc
PGM & Diamonds
Other Metals
Oil and Gas
Uranium
Mining News
PHYSICAL GOLD & SILVER
Gold and Silver Data
Gold Bullion Prices
Ebay Gold Search Tool
Gold Coins Premiums
Silver Bullion Prices
Ebay Silver Search Tool
Silver Coins Premiums
RESOURCE STOCKS
Company profiles
Reserves and Resources
Projets, properties and mines
Production
Technical Analysys Tools
Latest Discoveries
Mining Stocks newsflow
Mining Stocks TrendPower
STATISTICS
Statistics by Country
Statistics by Metal
Precious Metal Price in 159 Currencies
Metal Prices
Market Indices
GOLD UNIVERSITY
Gold Essays
Analysts and Contributors
Commentators
Latest comments posted
TOOLS
Gold & Silver Converter
Graph Generator
Nissab and Zakat
Rss
USEFUL
Subscribe
Contact-us
About
Articles
NewsFlow
Gold & Silver Prices
Market Briefing
Recevez notre Marketbriefing
In the same category
Gold Stocks: The Frenzy Begins
Stewart Thomson
Julius Stock Market Caesar Gold
Stewart Thomson
Yen USD: Wet Noodles Versus Gold
Stewart Thomson
Gold: A Surge Into Summer?
Stewart Thomson
John O
Member since May 2012
12 commentaries
-
0 followers
has posted a comment on the article :
First Fear, then Anger
- Theodore Butler -
Butler Research
Last week was not fun. I switched out of silver and equities and into oil mostly as well as a little gold at the end of April and got drubbed by the commodity implosion. I sold silver at $48.20, as it was clear to me that silver was technically set for a reversal, but got walloped in oil.
I don't like the way the rules are constantly changed without any clear mechanism or predictability, the CME's temporary suspension of crude price breakers last week being a case in point, but also the arbitrary changes in margin requirements.
Having said that, silver's time was up, at least in the short term, and what is more, although I would rather not have experienced last week's fear and dismay at all, the fall in oil now sets up for a much higher price target than seemed possible in the short term. $145 in the next three months seemed possible if difficult before the commodity collapse, but now $145 looks like the bare minimum.
It's possible I am wrong, but I am looking forward to taking out my revenge on the oil market. The devaluation of the dollar via manipulation of interest rates far outweighs any manipulation in the rest of the market. There is nothing they can do to stop the trend of higher commodity prices.
Commented
4705 days ago
Tweet
-
Send
Beginning of the headline :
The historic decline this week in silver creates strong emotion. Watching great amounts of wealth disappear, quite literally in minutes amid disorderly trading conditions is a genuine fear for any investor. Worse is seeing no obvious legitimate reason to explain the carnage...
Read More
Reply to this comment
You must be logged in to comment an article
8000
characters max.
Log in or Sign up
Dernier commentaire publié pour cet article
chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
Lire la suite
ferzi
- 20/04/2013 à 20:03 GMT
Note :
1
3
Top articles
MOST READ
Called for The End of Time
-
Jesse
-
Le Cafe Américain
Ship of Fools
-
Jesse
-
Le Cafe Américain
In Blob We Trust
-
James Howard Kunstler
Gold: A Surge Into Summer?
-
Stewart Thomson
-
Graceland Update
Most commented articles
More...
Services
RSS feed
24hGold Mobile
Gold Data Center
Gold & Silver Converter
Gold coins on eBay
Silver coins on eBay
Technical Analysis
Fundamental Analysis