My Trading Adventure

Fred Tam's talk on Gold

CP TEH
Publish date: Thu, 08 Sep 2011, 11:25 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
11.20 pm : I just came back from Mid-valley, attended Fred Tam's talk and also got his signature and photo together with him I am so glad ... yes, I have met one of my technical 'sifu' and I am very glad.

Yes, I will write about his talk(I am a free-reporter, ya. Haha) and share with many here. If you are free, you may want to listen to his talk this Saturday noon at One-Utama. Go to his website for details and contacts.

Peter Schiff : On gold

Robert Kiyosaki : On silver

The Three Ms

1. Mindset
2. Method
3. Money Management

GLD breaking 180 now. DOW still in green ...

6.50 am : DOW down 120 points. GLD and SLV up.

Here is briefly what I gathered last night from his talk.

Due to the debt in US and the anticipated QE3/4, USD will be going lower. Hence, GOLD prices could only go higher from here. Gold is testing 1920 level and once this resistance broken, sky is the limit. Then, he shown some Peter Schiff's youtube clips which I have posted over the time here about GOLD might reach USD5k level. Also, a clip by Robert Kiyosaki regarding Silver is the best investment in year 2011.

He also shown a clip by Peter Schiff telling us when he will sell his gold - that is whan US government doing the total opposite of what they are doing right now, such as interest-rates to be increased and free-market is allowed.

He is selling his 'alligator trading' system which could be used by anyone by attending his 2.5 days-course. Well, he shown the 'live-trading' of GOLD using FXCM's platform. That is interesting tho I do have the FXCM's demo-account.

In short, Gold will continue its bull run and we should be riding on its trend.

TEH

p/s : I have given my blog site to two of them who were sitting beside and in-front of me. I am my own promoter. Haha.
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