Add to Cart - Gold Stocks !

People are fearful over a falling dollar, but I am primarily concerned with the broad fear sentiment, which moves markets much more than reality, there's no better place to be than gold I keep hearing from the gold bugs.
I can see it with my eyes wide shut . The US dollar is in crash mode.
The Canadian loonie hit $1.10 already . The euro is at an all-time high. Oil passed $98 a barrel.
Good golly, even the Russian ruble is starting to attract some attention for investors. China is screaming to sell all its trillion dollars of foreign reserves.
Heck ! every currency is soaring in value against the U.S. dollar.

Well, lets think about this for minute - Is the US dollar going to be worthless? Not a chance. US Exports are rising and there are signs of long-term life in the world's largest economy.

Although a recession appears to be coming just a few quarters away, the long-term outlook for the U.S. isn't too bad. But, I don’t have 5 to 10 years to worry about that.

We've got to make strategic moves now to protect ourselves.
I wanted to buy gold but then if I buy that yellow metal at $840.00 and it hits $1,000.00 ,

I would have made a cool 19%
Or I can buy the stocks of gold producing majors that, quite frankly, offer very little upside. Buying shares of Goldcorp (GG:NYSE), Newmont Mining (NEM:NYSE), and Barrick Gold (ABX:NYSE) who already have their place in the sun would only squeeze a safe 10% or 20% as gold shines on. .

I looking for a lot more than just 20% and for that we turn to promising juniors and near term producers. Let me know when you find one.

Bought JRJC and BAY.V

CHINA FINANCE ONLINE CO LIMITED SPONSORED ADR (JRJC: U.S.)
BAYSWATER URANIUM CORP NEW (BAY: Canadian)

Profit Taking vs. Buying Opportunity UUU, SIL, ABX, PAA,

While traders were profit taking , I was buying. Currently, my focus has been Gold, Silver, Uranium and some momentum stocks for my swing trades.

Canadian Stock Market (TSX) is running red hot on rising loonie, and raging commodity prices.

Consider Large & mid cap Gold , Silver, Uranium, and energy stocks to make-up 75% of your portfolio.

We are now looking for US$1 - CDN$1.07.

Fed Cuts Key Interest Rate by 1/4 point

LETS SLAP THE BULLZ

The Federal Reserve cut the benchmark federal funds rate by a quarter-percentage point to 4.5 percent on Wednesday to buffer the economy against a housing downturn and tighter credit conditions.
The decision by the central bank's Federal Open Market Committee was widely expected by financial markets. The U.S. central bank lowered rates by a more aggressive half-percentage point at a meeting last month in response to market turmoil and abruptly higher risks to economic growth.

My Sell Order Today - CRDC (CARDICA) & CDS (China Direct)

US Markets on steroid ahead of FED rate decision anouncement while Canadian TSX raging after fiscal policy (tax cuts) anouncement yesterday. Time to sell some dogs - I am selling some losers today to preserve capital.

US Real Estate Crash leaves Feds Sandwiched between the Rock and Hard Place.

American dollar is in consistent down channel while other currencies namely Canadian loonie is aggressively on the rise. This pattern is going to continue as the crashing dollar all of a sudden is going to make things expensive north of the border. Soon the treasury would have to raise the interest rate in US to delay the crashing dollar. Canadians are flocking to US on shopping free for daily consumable to investments. Say Hello! to 24 hr Wal-Mart.
If the Feds cuts the interest rate it would make holding the US dollar less attractive speeding the dollars crash.
If the Fed raises the interest rate to protect the dollar then increase in mortgage payments will send shock to the US real estate market.
The above is no proprietary knowledge; macro gurus have been making this a headline lately.

November 2007 - It's time to Slap The Bulls!!

The market is at crossroads and it appears that sector is rotating. Stocks that have multinational footprint are peaking our interest. Please see my current portfolio of holdings.
I believe the stock market is a bit oversold - it's time to slap the bulls in November and let the year end rally begin.

Uranium - Mega Uptrend Investment Strategy

I have been asked by many who visit my site www.ragingbullz.com to comment on investment strategy in the comming months and year. Also I have been asked to comment on current market volatility and current market headlines.

As an investor either personal or institutional we are constantly faced with dreaded market/segment consolidations, seasonalities , news casting, international economy jitters, politicking and market manipulation by the powers to be.

Rational investors decipher the mega trend , draw out a plan and stay the course.

Mega Trend That I like:
Uranium (U3O8) : This yellow cake has been in mega uptrend since 2001. I thank Jim Dines of for drawing my attention to this raging bull. From $14.50 per lb to $122 per lb without a dip in the last 5 years - unheard off.

One thing for sure we all agree that stocks market has been on a decend for last couple months.
I believe the current spot price does not reflect in the value to some good grade uranium stocks producers and near term producers.

By now I had imagined that Uranium spot price would be north of $145 .
We can put all uranium U3O8 buyers in one Starbucks Coffee Shop.
My gut is that Uranium producers are sitting out and watching the uranium futures at play. The enriched Uranium is a small component of a nuclear plants cost structure. Current spot prices may not have significant financial impact as much coupled will low price supplies locked in for a year or two.
But not for long. Rude awaking of supply shortage is in the making , (hopefully by the end of the year.)

However, in light of mega uptrend most of us should perhaps rebalance our portfolio to hold high quality current producers, near term producers and few explorers who are rich and prime for merger and acquisition.

Currently, I am in the process of rebalancing my Uranium portfolio to include not only quality uranium U3O8 producers or near term producers but quality heavy water producers and nuclear power infrastructure, equipment supplier stocks.

One should exercise caution on their uranium and related stock picks, because we can already see that the mining and exploration sector facing difficulty on the field attracting skilled tradesmen, mining services and meeting timely deliverables. You can already notice that some exploreres have gone quite with no drill updates and geological results.

For those who cannot stomach the volatility and are risk averse, you may chose Uranium Focused Energy Fund.

For latest relevant articles and a view of my portfolio please visit www.ragingbullz.com.

As always please share your thoughts and comments.

Welcome to my Trading Journal

I hope to share my thoughts and opinion on market and certain equities. I welcome your thoughts and comments but please consult your financial advisor on trades.