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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

One Last Thing, Before You Buy That Gold

Dr. Fly Wed May 14, 2014 3:32pm EST 16 Comments

PPT-gold

One of the things I’ve mandated with The PPT 2.0 is for it to be very visual, aesthetically pleasing. I love the current version and consider it my 4th child, but this new version blows it out of the water.

Before you sell all of your stocks and chase that gold and silver stock that is already up 25% for the year, look at the above chart. Understand what it means. Do not base your macro-trade analysis off of it; but consider it useful insight into the seasonality of gold and silver and how it trades down nearly 70% of the time, over the past decade plus, in the month of June.

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16 comments

  1. juice
    juice
    May 14, 2014 at 3:40 pm

    this time will be different, Jake the Gint was overheard saying from toilet stall #4 at Heathrow Logan as he boarded a Boeing to head back victorious after concluding another deal under the Obama administration. His 29th during his tenure.

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    • the pirate
      the pirate
      May 14, 2014 at 3:43 pm

      Toilet stall #4? I was in toilet #3! They be after me dubloons. Arrrgh…

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  2. the pirate
    the pirate
    May 14, 2014 at 3:54 pm

    http://www.judicialwatch.org/press-room/press-releases/judicial-watch-new-documents-show-irs-hq-control-tea-party-targeting/

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  3. sloop
    sloop
    May 14, 2014 at 4:23 pm

    WHAT A RIDE TODAY!!

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  4. it is showtime
    it is showtime
    May 14, 2014 at 4:41 pm

    Added

    To

    AUY

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  5. matt_bear
    matt_bear
    May 14, 2014 at 4:54 pm

    Gold and silver stocks are for losers.

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  6. ironbird
    ironbird
    May 14, 2014 at 5:10 pm

    Everything is great. The bond formerly known as a growth company(CSCO) is up in post market. Now take a nap or go see a doctor for no apparent reason.

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  7. Mr. Partridge
    Mr. Partridge
    May 14, 2014 at 5:18 pm

    Good Dr.
    Thanks.

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  8. bruce keller
    bruce keller
    May 14, 2014 at 6:02 pm

    Whatever Fly!!!

    *snuggles with NUGT calls*

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  9. sloop
    sloop
    May 14, 2014 at 8:35 pm

    Where’s Pops tonight?

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  10. bruce keller
    bruce keller
    May 15, 2014 at 9:10 am

    *kicks NUGT calls to curb* Good thing that was a small % of portfolio YOLO buy.

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