2012 ~ my financial disaster is over

my performance 2012 + outlook 2013++

the real year end numbers will be coming soon, right after the u.s. + canadian markets close or tomorrow if i should be already too drunken in order to forget 2012 asap ... but i can tell you right now, this year was a disaster not only for my buy-and-hold mining stocks portfolio like in 2011 but also my micro trading account suffered a lot. why all of that? unfortunately, mainly because the real world out there did not fit to my believes about the world, economy, markets :-(

• my micro trading account ~ re-opened after 7 months break in may 2012 ~ strategy: long only commodities like oil, silver, orange juice, coffee, cocoa, wheat, corn, sugar + natural gas ~ mainly with stop loss orders and profit taking orders ~ approximately minus 2,000 €uros i.e. minus 67,30% => omg :-(
• my investment account ~ strategy: buy-and-hold mostly mining or explorer stocks from the sectors gold, silver, base metals (especially copper + iron) plus some green energy and technology ~ approximately minus 74,000 €uros, the percentage is difficult to compute as i did often add new money into new or existing positions, but i guess the loss in 2012 was about 20% => omg, omg, omg ... all of my 2010 fictive profits are gone and 11% of initially invested capital is gone with it ... omg :-( ... btw, the most relevant underlyings for my stock positions gold and silver were up 7% and 8% in 2012 respectively. not too bad, wouldn't you say? well, the markets do not have to be rational all the time :-(((

anyway, let's hope the upcoming year of the snake (= 2013) will be much, much, much better for commodity investments than the year of the dragon was ... or at least that i will be able to adjust my strategy to the real world in the financial markets :-)

my outlook for 2013? not much different from previous years ... even if the current markets play the deflation card with falling commodity prices all over the board, i believe that the reckless money printing by our western governments and their small dirty central banks ECB, FED, BoE, SNB, BoJ, etc. will finally cause inflation, inflation, inflation with rising commodity + cost of living prices; the protectionism will cause a collapse of trade and the economy; the financial-military complex  will start a NATO war against iran even if iran did not threat any other country in the last few hundred years (unless the west would succeed to corrupt or assassinate iranian leaders or to 'buy' an al-qaeda / muslim brotherhood driven 'revolution' in iran ... do you remember the war template used in iraq, libya, syria?).

any other forecast? yes, the fraudulent debt + phony economy system will not survive 2013 as its lifeblood, the paper money system, will finally crash. why a monetary reform right in 2013? well, mainly because the system didn't crash in 2012, my dears and because there is a rising awakening and awareness all over the world, so there will be less people who will accept the power elites' solution which in the last few decades always was money printing + reduction of democracy + rising surveillance of own citizens + the like. just consider, 4 years after the stock market crash of 1929 came the great depression. now, 4 years after the crash of 2008 and after our current corrupt leaders made already similar mistakes as the past leaders did 80 years before (e.g. protectionism or the huge misallocation of capital through government's stimulus), the economy should reach the same disastrous state like it have had in 1933 i fear ....

anyway, go gold bugs go and let's finally crash the fraudulent fiat money system in 2013. yeah, let's make a better 2013 or at least a change for a better world :-)

source: here

eof

do central banks know where will the gold price go?

folks, there is a lot of discussion about the selling of 200 metric tonnes of IMF's gold to india's central bank this week and what does it mean for the gold market ...

well, i personally would NOT OVERVALUE the fact that a central bank sells/buys gold. why? they are soooo often WRONG on timing!

a) just think about the selling by the swiss central bank (and other european central banks) in the last 2 years ... ALL OF THEM WERE WRONG, as we know the gold price continued to climb up

b) let's laugh together about the BoE and its gold selling orgy in 2001 (?) triggered by gordon brown (that time secretary of finance in UK) => he or more precisely the UK citizens got the LOWEST POSSIBLE price for centuries ... it WAS the market bottom ... lol ... gordon brown's gold dip ...lol... ok folks, do not laugh too loud about gordon, maybe was his 'smart move' somehow motivated ... we do not know to whom he was obliged at that time and who's favor was that historical purchase at the soooo obvious bottom price ...

c) central banks do not sell their gold on me or my neighbor , so in the most cases when one central bank sells gold, so is an another central bank buying gold (e.g. IMF 2 india), just the corrupt mainstream media emphasize the selling side of the coin, of course, crazy gold bugs like me see just the other side ~ central banks are buying gold (india, russia, kazakchstan, petro-arabia, venezuela, sri lanka, china, ...)

d) the selling/buying of central banks is IMO triggered much more politicaly than triggered by some market fundamentals ...

=> do not waste too much time on central banks and their gold selling/buying motivation ... watch physical demand/supply instead ... the mine production is decreasing since few years (peak gold!), the demand is rising esp. the investing folks' demand through ETFs, coins, small bars ... and on top the central banks all over the world print sooooooo much new paper money that we will finally loose the last grain of confidence in it soon...

...

good-bye, you damned fraudulent fiat money system! welcome, next monetary reform on planet earth :-)

just my 2 golden cents :-)

btw, wherever the gold will go, GATA's newsletter will tell us first ...

(source: http://gata.org)