ES Trading


Legendary member
6,476 1,397
Posted Jun 23, 2012, 10:01am

I have been buying and adding on the dips and I haven’t sold a single ounce and have plenty of money waiting on the sidelines to buy more, it’s a bull market!

If ANY of the Tade2Win DUNCES dares to question my gold investment you better be prepared to put your money where your mouth is. I charge a fully refundable £50,000 to have my accounts audited + I will give you a 50% bonus if I have lied about my gold holdings. The deal is, you first put £50,000 into escrow and then nominate your independent auditor. Once my gold holdings have been verified, I keep your £50,000 and you publicly apologise and then permanently resign from Trade2win. If I don't hold any gold, you get £75,000 from me.

Such bitterness and envy from the clueless bears...or should I say DEERS in headlights!:LOL:

Here is just a small portion of my total gold holdings. These stunningly beautiful 10 x 1 ounce (and 1 x 1/4 ounce) Gold Britannia bullion coins alone would be enough to win my challenge against any Trade2win numskull that is stupid enough to question my integrity.

I still have the receipt for each one which shows the exact date of purchase and the amount I paid. I don't mind being insulted but I draw a line at puerile slander.

I've also changed my mind on the fee. I don't want any of that disgusting paper fiat rubbish. The fee is 44 x 1 ounce Gold Britannia's.



Legendary member
6,476 1,397

The writing has been on the wall for years and that is why I sold my property in the U.K and invested elsewhere and mostly outside the U.K. You know something is very wrong when every 3rd moron is telling you to buy property because you can't lose.
U.K. August House Prices Fall for a Second Month, Hometrack Says

U.K. August House Prices Fall for a Second Month, Hometrack Says - Bloomberg

Britain’s property market remains under pressure as the economy struggles to recover from a recession and the euro-area debt crisis drags on, undermining confidence and pushing up lending costs. Bank of England officials are assessing the impact of their new plan to boost credit as they mull whether to expand stimulus for the economy through quantitative easing.

House prices are down, but Gold prices are up! :smart:

The Central Planners can't understand why, neither can the Gold bears...DEERS! :LOL:



Legendary member
6,476 1,397
Another (biased?) mainstream article on the Gold standard. Most (if not all) critics of the Gold standard don’t even understand it.

Republicans Embrace Gold to Hedge Non-Existent Inflation

Republicans Embrace Gold to Hedge Non-Existent Inflation - Bloomberg

Public Unconcerned
Most Americans aren’t worried either. The public expects inflation to remain subdued -- an annual average of 1.26 percent over the next decade, according to an estimate by the Federal Reserve Bank of Cleveland.
The Government propaganda is having the desired effect. This also tells me that there isn’t a Gold bubble, far, far from it.



Legendary member
6,476 1,397
Argentina inflation: shoot the messenger

Argentina inflation: shoot the messenger | beyondbrics

Consumidores Libres’s fortnightly grocery price index was published last Friday in Clarín, the nation’s largest newspaper. The index showed that consumer prices had risen 17.5 per cent in 2012, three times the rate reported by the country’s national statistics agency, INDEC.

Do you honestly think that it's only the Argentine government that manipulates and understates inflation figures?



Legendary member
6,476 1,397
Deflation Deepens as Japan Contraction Risk Intensifies: Economy

Deflation Deepens as Japan Contraction Risk Intensifies: Economy - Bloomberg

Japan’s consumer prices slid at a faster pace in July and industrial production unexpectedly slumped, raising the danger that the world’s third-largest economy has slipped back into a contraction.
OMG! Things are getting cheaper for the consumers, what a disaster!...

Only in an Orwellian world is Deflation seen as a bad thing...:rolleyes:

"The Financial repression must continue", say the Central Planners...


Legendary member
6,476 1,397
Should the U.S. Return to the Gold Standard?

Should the U.S. Return to the Gold Standard?: Video - Bloomberg

Another clueless Gold Standard critic...People who use the ‘Gold is finite’ argument are utterly clueless. Ever heard of the Periodic Table numskull? ALL NON-ORGANIC NATURAL RESCOURCES ARE FINITE you morons! Many are used in manufacturing, there is finite copper, finite iron, finite aluminium etc, the only thing that is infinite is a Governments ability to debase fiat money...FFS people are DUMB!!!

It doesn’t surprise me that The Gold Standard critic is barely out of nappies, he was probably educated in a GOVERNMENT school too...

But at least the mainstream media is putting the idea of Gold in the mind of the public.



Legendary member
6,476 1,397
This is investors (quite rightly) saying to Governments that because of all this inflation you are creating we want higher interest rates for our loans to you. The Governments are saying f*ck you, we’ll just get our Central Banks to print up the money and buy our debt so we can continue to borrow and spend cheaply and recklessly, suck on that gold standard!

Euro-Area Unemployment at Record, Inflation Quickens: Economy

Euro-Area Unemployment at Record, Inflation Quickens: Economy - Bloomberg

Euro-area unemployment rose to a record and inflation quickened more than economists forecast as rising energy costs threaten to deepen the economic slump.
That’s the highest since the data series started in 1995. Inflation accelerated to 2.6 percent in August from 2.4 percent in the prior month, an initial estimate showed in a separate report. That’s faster than the 2.5 percent median forecast of 31 economists in a Bloomberg survey.

And what have Central Planners achieved with all their bailouts and debt monetization? Nothing but higher unemployment and higher prices impoverishing the poor and the middle classes even further. And there are dunces who STILL think Central planners controlling the money supply is a massive advantage!



Legendary member
6,476 1,397
Re: Trading Update

Using the principles and techniques I have written about in my journal I was confident enough in my market reading skills to expand my trading into other areas like commodities. I started with small positions (much more than 10p/point though!!) and took a longer term view to prove that my methodology is 100% robust regardless of time horizon. Although I didn’t record the trades here I thought I would give a brief summary.

-Palladium +44% -I regret selling
-Wheat +34% in approx 4 months
-Livestock (break even)
-Silver +67% Approx to date and still holding. Positions were opened with derivates and then rolled over into a physical ETF.
-Gold – Long term although most positions are in profit it is a long term accumulate.

This is all in addition to my longer term investment portfolio which in the last 12 months has outperformed the main indices. These successes have allowed me to have a much more relaxed approach to my trading and the necessary patience and discipline to trade only the most highly profitable and probable indications. I am only interested in being right, at the right time, and making as much money as I can when I am right. I am currently long US$140/point in a trade and hope to build a larger stake before it makes its move. My time horizon on this trade is 6-12 months which makes it more like an investment than a trade.

I continue to trade the ES contract short term as well :)
new_trader has been bullish on gold since 2010 while all the trade2win dunces were bearish (I’d just like to say a personal ‘hello’ to Atilla who I know reads my journal even though he says I haven’t got a clue).

If gold breaks below $1530 then I can see it going to $1100-1200. The deadline for this scenario is end of August 2012. Gold is consolidating between $1530 -$1640 and I reckon it will break out from this range rather than break down. If it breaks down I will buy more, if not, I keep what I have. It's a bull market!

Now that gold is in the news again all the trade2win dunces come out of the woodwork with bullish calls on gold and their trading ‘advice’ as if they understand wot is really is hilarious to read.:LOL::LOL:

Gold Tops $1,700 as ECB’s Bond-Buying Plan Bolsters the Euro

Gold Tops $1,700 as ECB

No mention of WAR :LOL:



Legendary member
6,476 1,397
Gold stocks are rallying, which isn't a bad thing because I added a few more to my portfolio when they were cheap. However I've seen this price action before with gold stocks and gold just before a Central Bank meeting. The ECB and the BOE are meeting and will make their announcements tomorrow, Thursday 5th July 2012.

The market appears to be anticipating further easing but I am sceptical. I think they are going to carry on the pretence that everything is O.K for the moment but that they stand ready to act just in case...or whatever.:sleep:

Draghi Says Officials Agree on ECB Unlimited Bond-Buying

Draghi Says Officials Agree on ECB Unlimited Bond-Buying - Bloomberg

Governments must stand ready to activate the EFSF/ESM in the bond market when exceptional financial-market circumstances and risks to financial stability exist -- with strict and effective conditionality,” Draghi said
Central Planners...:LOL:


Legendary member
6,476 1,397
the only thing that is infinite is a Governments ability to debase fiat money...!!!
"the price of gold and equities have been rising and falling almost in harmony with one another. That tells me that this is a case of inflationary expectations rather than one of real economic recovery. The smart money is putting their wealth into REAL ASSETS that Governments cannot debase."

Pimco's Gross: I'm Leaning Toward Gold Over Bonds

Pimco's Gross: I'm Leaning Toward Gold Over Bonds: Video - Bloomberg

Gold certainly isn't acting like it was a bubble despite the concerted attempts to talk down gold by all the "gold is a bubble" freaks in trade2win and in the mainstream media. Although it is premature to say for sure right now, gold will have to fall below US$1000 in the next two to three weeks for it to have been classed as a bubble otherwise it would be one of the most unique bubbles in the history of human civilization. If that doesn’t happen then all the deflationists and “gold is a bubble" freaks have lost the last remnants of credibility they currently have, even though IMO they have been clueless since the start of the Global financial crisis...and before.

As each day passes so too does the chance of a deflationary scenario. George Soros is telling the Germans to get busy inflating, now that he has all the gold he wants I suppose! It makes no difference what Ben Bernanke says on Thursday September 13 because Gold is saying to me, "going up". There will be the usual gyrations but the fundamentals are still intact.

Central Planners can delay the inevitable and make themselves sound intelligent with their twists and sterilizations, but they really amount to nothing more than a Rube Goldberg method of debt monetization and currency debasement.

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