Here are some SITES for Gold Investors:
Kitco, chart source : http://www.kitco.com
Gold & Mining News:
-BullionDesk: http://www.thebulliondesk.com
-Minesite...: http://www.minesite.com
-MiningWeb..: http://www.mips1.net/MGGold.nsf/Current?OpenView
-NorthernMin: http://www.northernminer.com/
Charts/threads: http://www.goldstock.co.uk

Certainly the SOFIX has done well over the past year.
But will it continue?

Property might be a better bet

Off Topic: War Drums?

I hope this isn't considered politics. It is meant as
intelligence. I'm new here, but have been lurking for
2 weeks (great threa, Zeev!) I am an American who is
a long term resident in London. I went to the House of
Parliament yesterday to hear a Q&A session yesterday with
Alan Duncan, a Tory MP who specialises in Middle East
affairs. He seem convinced that the US is paving the way
for a near-term invasion of Iraq. (I'm sure you are all
reading the same news as me, and it does seem possible.)

Zeev, how do you take that into consideration in your
trading, if at all?

Wisdom from the Blind Chartist #1:

Blind Chartist (BC):
What is the best time to trade?

My stomach tells me more than my eyes.
When I get hunger enough (around lunchtime) the market
will stagnate or show a mild reversal. After my coffee,
I'm ready to trade again, and it's like a new day.
Usually the direction is the opposite of whatever it was
before the coffee.

"washington post just announced it will follow the lead of
KO in expensing options"

Both are companies where Warren Buffet/Berkshire Hathaway have a big stake, aren't they? Looks like Warren is getting his way, and thsi trend may spread.

Comment on Gold's COT Report...

I write a regular report on the weekly COT report on gold futures trading. Here's today's if anyone is interested:


HEDGE FUNDS PARE THEIR GOLD LONGS, but Gold falls only 5%

As expected, the Hedge funds holding "stale longs" have decided to cutback their Gold futures contracts. Over the past few weeks,we have seen a dramatic decline in Gold longs held by the "LargeSpeculative" accounts (mainly Hedge Funds) as reported in the Commitment Of Traders (COT) Reports.

The value of their net Long position has dropped more than 50% from nearly $1.5 billion in mid-June to just over $700 million this week. Some 23,000 contracts have been sold, doing little damage to the Gold price, which has fallen just $15 (about 5%) from its high.

Who has been so accommodating to buy all those contracts?
Part of the answer is the "Commercials" (mining houses, and banks acting for them and on their own accounts). They have snapped up
some 20,000 contracts, reducing their net Short position in the Futures market to some 6.2 million ounces, worth about $1.9 billion. Of course, their positions in the OTC market are bigger. Mining houses alone are short over 90 million ounces of gold, as a price hedge against their future production.

On the surface, this is bullish for the POG, because if the Hedge Funds decide to "reload" their longs, perhaps because of a renewed run on the dollar, then the gold price should move higher. I believe we could see this reload start in August or September, after the normal summer lull. One negative factor for the bulls, is the still large positions of the Small Speculators, who often get the price moves wrong. They are holding about 39,098 contracts Net Long, and some of these may get dumped, if gold remains weak. This seems especially likely if the weak stock market bottoms and turns higher. Thus, a summer rally in stocks could trigger a summer selloff in Gold.

EnergyI- 12 July 2002
LINK:
http://www.advfn.com/cmn/fbb/thread.php3?id=948390

Needs a password, here's a temporary one:
ID: "natking" / PW: "coal" or visit: http://www.goldstock.co.uk

Comment on Gold's COT Report...

I write a regular report on the weekly COT report on gold futures trading. Here's today's if anyone is interested:


HEDGE FUNDS PARE THEIR GOLD LONGS, but Gold falls only 5%

As expected, the Hedge funds holding "stale longs" have decided
to cutback their Gold futures contracts. Over the past few weeks,we have seen a dramatic decline in Gold longs held by the "LargeSpeculative" accounts (mainly Hedge Funds) as reported in the Commitment Of Traders (COT) Reports.

The value of their net Long position has dropped more than 50%
from nearly $1.5 billion in mid-June to just over $700 million this week. Some 23,000 contracts have been sold, doing little damage to the Gold price, which has fallen just $15 (about 5%) from its high.

Who has been so accommodating to buy all those contracts?
Part of the answer is the "Commercials" (mining houses, and banks
acting for them and on their own accounts). They have snapped up
some 20,000 contracts, reducing their net Short position in the
Futures market to some 6.2 million ounces, worth about $1.9 billion. Of course, their positions in the OTC market are bigger. Mining houses alone are short over 90 million ounces of gold, as a price hedge against their future production.

On the surface, this is bullish for the POG, because if the Hedge
Funds decide to "reload" their longs, perhaps because of a renewed run on the dollar, then the gold price should move higher. I believe we could see this reload start in August or September, after the normal summer lull. One negative factor for the bulls, is the still large positions of the Small Speculators, who often get the price moves wrong. They are holding about 39,098 contracts Net Long, and some of these may get dumped, if gold remains weak. This seems especially likely if the weak stock market bottoms and turns higher. Thus, a summer rally in stocks could trigger a summer selloff in Gold.

EnergyI- 12 July 2002
LINK:
http://www.advfn.com/cmn/fbb/thread.php3?id=948390

Needs a password, here's a temporary one:
ID: "natking" / PW: "coal" or visit: http://www.goldstock.co.uk

New Member, been lurking for many days...
Zeev and all, this is an impressive board. One of the best i've seen on the web. Many of Zeev's market calls (today's HOD is an example) are spot on. And the core portfolio (at least the positions mentioned here that I track) is up 12.3% in 7 trading days versus 3.8% for NDX and a decline for the Dow. Impressive!

I'm not going to ask how Zeev does it. Since I think I can only learn bits of his technique slowly, by studying his comments. My question is: Zeev, why do you bother? You must get some satisfaction from teaching, but I suspect it goes deeper than that.