Embrace the BEAR! Silver & Gold hit hard today. Market update 2/4/10

[Ubreako]

i think with silver.....there is limited downside risk.....how low can it go ? if it goes to 5 even better....even if under 15 ...just keep buying

[ccharlie100]

That scared me shitless!

I had to rush out and buy 10,000 RBS.L to get my blood pressure back down to 'real world' levels....

Thank God I don't listen to you 'conspiracy theorists'.....

Whasssatt?..... Who is that bailif banging at my door?

Remember Gene Kelly?

"I'm siiiiiinging in the rainnnn, just siiiiiiinging in the raaaaiiiiin.... It's a gloooooriusss feeeling, I'm haaaaapy agaaiiiin....

Buddy, can you spare a dime?

[yogiudo]

lol

[cosmicguerilla1]

cool man !

watch out , fake job numbers out today !

going up ? dollar at resistance .

[ytgv3fc7]

2 questions Carl, #1 are you looking at the trending of any ratios, given so much market synchronization of metals and sectors and assets, and of course currencies? #2 are you looking at trends only in support/resistance dollar/linear terms or are you also looking at the log/exponent versions of the charts? I was finding that dollar-nominal exponent-scale charts of markets were somewhat linear and showing that 'wedge' of losing volatility.

[ytgv3fc7]

My own opinion was a break-down when that volatility was around the level of intra-day or intra-week volatility that's "normal". My reasoning: curves less than exponential do poorly against inflation, volatility is profit for day-traders and increasing long-term growth is good for buy-and-hold. And none of the good signs were there.

[REOGURU]

Thank you for the insightful update!

[gr8wg]

from dow 10K do u expect 9k first or 11k ?

if gold brks 1,000 will it drop to 800 ?

if silver brks 16 will it drop to 14 ?

poll your subscibers and post results.

[bullorbearreport]

That is a useless task as no one can predict the future. We just use our technical analysis to analyze the markets day to day and let them tell us what to do.

Right now my odds are for a bear market resumption from the beginning of 2009 with a possibility of testing old lows "IF" the Fed's stops the liquidity program. It's all up to them. Inflate or Die.

[ytgv3fc7]

@bullorbearreport : Ya, I use the trending to compare to behaviour to find a way to describe the time-frame I should see it, and so when it would break. I had no doubt the trend-break would be a nasty down-turn. Then up? Hm. Well, those people that still have money they can invest will only want now to put it where it will be safer later (perception). Those invested again in the major losing stocks may be unable to sell except to cut losses and so unable to move capital to do much.

[ytgv3fc7]

@bullorbearreport I guess the real question of "where is the bottom" becomes "who isn't broke and is still willing to play the game".

[ytgv3fc7]

@gr8wg I personally expect to see swings of 700 to 1000 points DOW & TSX 3 or 4 times in the next 12 weeks in both directions. I don't think gold will go below 900 but manipulators will push ETF/paper gold in that direction over the next 3 - 12 months. Then, as before, watch it skyrocket.

[donniebrasco24]

dont sell your silver, just keep buying more. In 6 months or less, it should be over 20/oz.... These are opportunities to increase your holdings, dont you rather increase your holdind of silver at 15/oz instead at 20/oz? BUy, BUy BUy... their paper ponzi game (ETFS) will bust soon...

[Instrumentally]

Yea by looking at Ebay you would think were already at 20 dollars an oz. It just shows how different the value is for physical silver and paper silver. Definitely keep adding physical you'll be glad you did later.

[donniebrasco24]

yup, people are still paying nearly 20/oz for physical silver on ebay. They know it's do to manipulation... we're in the final stages before the total bankrupcy of our economy and having the US dollar fall from being the world reserve currency. The euro will fall first, the dollar shortly thereafter...

[rentonsentinel]

Feel sorry for all the schlubs who bought into the whole "green shoots" theories. I'm sure they are frantically trying to adjust their 401ks tonight from the 100% stock allocation. LOL. Actually, its hard to feel sorry after you've spent the last year telling hundreds of people you know that the market is rigged, the economy is rigged, and the government is rigged. Light this ****er up, boys.

[kevink040]

hey!! I saw the little Bear crawling behind you!!!

[suprmnjl]

lol, your kids funny. Great vids man keep em up

[ytgv3fc7]

@suprmnjl ; Ya, Carl, your son totally looks like he's going to try to sneak up and surprise you. I'm betting your own screen is showing your recording in a window though... ;)

[smasila]

Awesome vid!

[sphindog]

Too funny...thanks for your insights, my friend. I got in pretty strong on DRV, 3x bear real estate, about three weeks ago. That's where I would put my USD's right now.

[justaoldslave]

Thanks, The fundamentals of the U.S. government. Ship all jobs and production out of the country. Then import workers to compete with your citizens that have no rights to farther depress the job market. Increasing transfer the tax burden to the people least able to pay. Just keep printing the Fiat Currency. Then expect your military to be able to enforce the U.S. dollar as the global currency to be able to continue this. Good luck waiting for the bull to return. Insanity!

[JP5466]

Great opportunity to buy physical silver. I bought 100 more ounces today... this time it's Canadian Maple Leafs :o)

[gurusgrafx]

@JP5466  yes it is. I'm about to put in for another 50 myself.

[SilverBug1946]

Outstanding...and entertaining too. Thanks!!

[PaulRevere77381]

Hahaha, great intro to your video.

[streetmoney21]

Great video!

[143DREWID]

Great report. The underlying euphoria of truth is well worth the glimmer in eyes. I was laughing when you said essentially, tankage approaches. Bring it on!

[chineechik]

Love these vid's!  I look forward to each new one.

[TheSilverHolder]

Great post, Carl.

[koreanpeoples]

Stop buying ETFs

[HiredGunz98]

bears rule!!

[dgmoocher]

Love it. Always look forward to your reports.

[jimbobubbadj]

It seems that your son wants to go on Youtube with you Karl.

[bullorbearreport]

@jimbobubbadj He's an attention hog... lol

[ShillBasher]

That sound... eek! my nerves are frazzled already.

[GuildF40]

Cheers mate

I like the new moving back ground :o)

[horsehorsehorse400]

HIP HIP RAY!

[junkyarddog47]

Very good report. Looking forward to hear what you have to say.

[ggadguy]

We haven't seen silver this cheap since September 1, 2009. I'd say start buying a little right now. But it could get in the $14 range. If that's the case then I am buying even more. Buy when things get cheap.  Sell when things are expensive.

[GypsyHustled]

What is the software you mention?  Thanks

[bullorbearreport]

I will do a video on it shortly incase anyone is interested.