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S&P 500: 1,319.94 Change: +0.56%
LilNev2000
P&P Score: 87.48   Points: 5.52   Accuracy: 51.72%   Average Pick Score: 35.02   Annual Return: 12.51% (50.64% since 5/7/08)  

LilNev2000's Blog : Gold hits a new high....yawn

Date October 13, 2009    Comments Comments (22)    Recommended (453)   
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Gold hit a new high today as the US dollar continues its slide. As some folks finally become aware of the sector and are starting to buy gold and gold stocks, I am staying on the sidelines watching. I'm not a buyer of gold or silver stocks at the moment as I established my positions months ago when gold and silver were at much lower prices. I'm just enjoying the price appreciation.

My current precious metals holdings include Aurcana, Great Basin Gold, and Goldrea. Great Basin Gold is one stock that seems undervalued especially since they have financing set for their South African Burnstone project. If you are looking for a stock that hasn't made a major run with record gold prices, Great Basin is it.
Tags : GOLD   SILVER   GBG   AUNFF   GORAF  

22 Comment(s):

Author TickerBandit     Date October 13, 2009 21:58 Abuse this post Report Abuse
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All I saw was green in your portfolio. Awesome.
Author MightyMo     Date October 13, 2009 23:12 Abuse this post Report Abuse
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Couldn't stand it any longer and sold my positions in Gold and Silver for a very good profit. When, not if, Gold tests it's new support line at 1000, I might be a buyer again.
Author JoeJustJoe     Date October 14, 2009 08:20 Abuse this post Report Abuse
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Purrdixshun: Key reversal daze (new highs on the open but a close belowst yestermadaze low) today in both GLD n SLV *-) 3J
Author JoeCole     Date October 15, 2009 03:14 Abuse this post Report Abuse
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3J,
Sorry about your luck, double or nothing?
Author JoeJustJoe     Date October 15, 2009 07:59 Abuse this post Report Abuse
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Gots nuphin to do with luck actually. I'd prefer to see all tops git confirmed cuz ifn they don't it means we'ze coming back. My call is that we won't be coming back until the HUI/physical gold ratio hits belowst 30%. I'll even give you "the numbas" for botha the HUI and physical gold that will determine the ratio. We "know" for a fackt that the HUI goldpig index will be taking out the 52 week low of 150.27.....so we can simply werk with that thur. Let's ass-oom a low of 140 cuz as always...we never know until we git thur. *-) Soooo a 140 reading for the HUI divided by what numba for the price of gold equals 30% or less? Thaaaas right...gold will fall to at least $475 dollahs over time. Now sssthink about what that's gonna do to the price of the house you live in. Getting back to current market conditions, yestermaday, with the "across the bored rampola" I figgerd GLD would take out the high (which it did) and silber would too....which it didn't. SLV only matched the high...it didn't take it out. Basically we have a classic case of "2 outta 3 ainna bad" right cheeeya. I'm in no hurry to make a GIGUNDO on my trade in ZSL cuz I "know" I'm gonna make a gigundo. The key reversal day didn happen tho...no biggie. *-) 3J
Author LilNev2000     Date October 18, 2009 06:42 Abuse this post Report Abuse
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So the translation of 3J's comment is that he was wrong.
Author JoeJustJoe     Date October 18, 2009 15:47 Abuse this post Report Abuse
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Well, my call for a key reversal day in GLD n SLV didn materialize. My call that you once again set at least an intermediate top is still in play....not that it matters to you of course. Fer instunce, you will be riding UXG aaaall the way down to .30 centavos like ya did last time...right? :-) 3J
Author JoeJustJoe     Date October 26, 2009 12:19  Edited: October 26, 2009 by JoeJustJoe Abuse this post Report Abuse
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The high in the HUI goldpig index was set on Tues...Oct 13th...the EXACT date of Lilnev's post .....yaaaawn. Since then many PM plays are now 20%+ off thur highs. Noooow, fokes often say that even a broken clock is right twice a day. But do you know how hard it is to be WRONG to the eggZackt day the top is set in any purrticular secktor? Well, again....fokes tend to sssthink I "pick on" certain someone's at this fine estblishment whenst in reality all I do is present the evidunce. I always warn the sheeple to research what Mighty Mouth said in the past....I always warn the sheeple the same dang thang about Lilnev and the gold n PM pigs. All ya gotsta do is ssscheck the wreckerd. *-) Fo the wreckerd, and to reiterate what I already sed....methinks physical gold and the HUI goldpig index have topped out...but physical silber and somma the silber stocks have not. *-) 3J
Author LilNev2000     Date November 3, 2009 20:04 Abuse this post Report Abuse
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Guess 3J is wrong again. Gold made a new high again today. lol
Author JoeJustJoe     Date November 3, 2009 20:19 Abuse this post Report Abuse
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Guess 3J banked about a handful of double diggie gainers by chorting the goldpigs since the last time you spewed. LOL Just check the charts and see the GAHUGE tumbles LOL Now you will see about 7 or 8 "reloads" back on my open list now that you just spewed again LOL Time for anudder spalunkin thanks to Lilnev LOL How do you do it so consistantly? LOL You suck LOL 3J
Author MightyMo     Date November 3, 2009 22:34 Abuse this post Report Abuse
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Please note to all. So what else is new. joe just JOKER has been wrong all year ..on just about everything including Gold. yaaaawn.
Author LilNev2000     Date November 4, 2009 05:12 Abuse this post Report Abuse
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3J, look at my People and Picks score this year and then look at yours. Look at my annual return and then look at yours. Look at my return since August and then look at yours. Finally look at the stocks that I talked about this year that you can't even score on P&P and look at the percentage gain on them. I'll let the public decide between the two of us which one knows what they are talking about.
Author JoeJustJoe     Date November 4, 2009 06:57 Abuse this post Report Abuse
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Mighty Mouth>>>>Goooooooo STEC! GOOG job, pal. GOOG move deleting yer blog about it too....just like I sed ya wood. Yes Lilnev...we'll let "the public" decide. Just put up a chart and see what happened to the goldies the last time you spewed and we know what'll happen this time. Sux being a "lifer" ....you end up having to take down blog posts cuz the markets eventually prove what a idiot you were. Just axe Mighty Mouth about STEC. :-) 3J
Author LilNev2000     Date November 4, 2009 11:26 Abuse this post Report Abuse
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Let's see I recommended Great Panther, Aurcana, and Timmins Gold this year..all stocks I own/owned personally in my portfolio . Looking at all three of those stocks TODAY they have doubled since I wrote about them, so no one is hurting off of my picks this year. lol
Author JoeJustJoe     Date November 4, 2009 11:41 Abuse this post Report Abuse
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You also rode UXG down to the 52 week low. You said nuphin at the low. Silence...whilst I did a series o'blogs on what great buyz the goldies were in the Aug thru Nov period of 2008. Sssscheck the wreckerd...I don't delete my blogs like "soe fokes we know" *-) You yaaaawned at the high and many individual tickers lost 30%+ of thur value within a few daze to a couple weeks afterwards. Now you are back again. You will ride your picks aaall the way down again in silence cuz like I said...you are a "lifer" who only comes out to spew at the EXACT time whenst fokes are about to get thur axes kicked. Sooooo, "ifn" somebody had the guts to ride UXG down from where it twas the last time you said buy well GOOG for them. "Regretfully" fokes aren't as numb as you. That's why I'm here...I can trade em...I can hold em. Right now most PM pigs are closer to a long term chort n hold but I still gots 3 open longs on me list >>> PAL, DNN, JAG...and I "might" just add yer UXG long again ifn I can kick yerass down to 2.58. Of course that means the new chorts I put up yestermaday generate nice gains on behalf of yer spewage...again. So what else is new...right? :o 3J
Author JoeJustJoe     Date November 4, 2009 14:08 Abuse this post Report Abuse
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C'mon baybeeee...gimme 107.50+ on GLD and you are toast! Now at 107.43. Scuuuuuse me for my giddiness kiddies. I always get this way just befo I'm gettin ready to kick some aaaaaazz. :-) 3J
Author JoeJustJoe     Date November 4, 2009 14:11 Abuse this post Report Abuse
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107.65...bye bye Lilnev! >>> :-( Relax...ya still have silber available to set a long term top in. Get crackin, Bucko! *-) 3J
Author JoeJustJoe     Date November 5, 2009 08:14 Abuse this post Report Abuse
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GLD down this moanin...but SLV up...as "expected" ...neat! ...ainna? :-) 3J
Author LilNev2000     Date November 6, 2009 04:44 Abuse this post Report Abuse
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What's your point? I never owned GLD or SLV.
Author JoeJustJoe     Date November 6, 2009 07:07 Abuse this post Report Abuse
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Just spewin about the fact that GLD topped out but SLV didn't. GLD 'should" retest 107.50 tho...SLV needs 17.64+ Falling gold prices will affect the stocks...cept many o'the gold stocks have already started heading lower. I wuz just posting info for fokes who "might" be intrusted in the way thangs "really" are and not those who are prone to WOOHOOin...or even yawning at extreme tops...thaaas all. :-) 3J
Author LilNev2000     Date November 7, 2009 07:47 Abuse this post Report Abuse
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Well I'm not interested in hearing about your opinions on the way things really are. Save that stuff for your own blog.
Author JoeJustJoe     Date November 7, 2009 12:51 Abuse this post Report Abuse
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Yo Lilnev! >>> Yaaaaaaawn. :o 3J
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