Bill, I took a position in slv a little late in this rally; up about 2%. If I was to committ more money to metals do you have a suggestion about entry, target, and which other etf, if not slv? It all seems so extended but I've thought that about commodities for a long time now. thx,bill

Bill,

I greatly enjoy your posts every day. Please know I appreciate you. And also know I appreciate you because I can rely on your knowledge and the TRUTH in your posts. Thank you and keep up the good work.

US Q4 GDP Growth Likely to be Revised Down to 2.0-2.2% from Initial 3.5% Estimate
Nouriel Roubini | Feb 13, 2007

http://tinyurl.com/2meojn

Just for some balance, Bill, I am TOTALLY AT A LOSS to understand people who attack you/your motives. I understand not all agreeing with you all the time; but I don't know how any adult thinks it's OK to to cast aspersions upon the character of another adult.(without solid evidence) I guess my age is showing.

I also don't know how you keep doing all you do for those of us who respect you, but I wish you strength and happiness.

Stay on top of your health - the first wealth.

Hey Bill,
I just recently came across your site and am impressed with it, and your market commentary. I bought SLW (Can) a while back at $11.50, so I'm up (with a stop around $12 - just under the last short-term low). I liked the poor man's gold play and noticed that SLW was in the midst of an impressive looking ascending triangle (I think that if it breaks above $14 it could rocket higher (maybe 18-20???). So far it's been acting pretty much according to plan, except for the action the last few days. It had been bumping off $13 on lower silver prices, but now silver prices are acting quite well and this stock is becoming lacklustre. Any ideas about this. Again, great website. Keep up the great work.

Bill,

You said:

"“gold bug” and that I didn’t want to be called that.

Events have proven me right. Gold has zoomed – for the reasons I have been giving – and now I am being referred to a hard money blogger. Unfortunately.

What I am is intellectually honest. "

You are not alone. I feel EXACTLY the same way. My portfolio consists of (now and always will):

mmkt
bonds
stocks
gold/silver

I just simply get excited about different areas at different times. Friends think I am a gold bug, but I am simply a trader who puts his more of my money where I feel the risk/return is best.

I have actually grown to dislike the term "gold bug".

Great post, thanks.

Bill,

You do a great service to us all. Specifically your reviews of mining industry and juniors in particular has been priceless. I've made some real (not paper) money in gold and uranium miners based on the information here.

As for macroeconomic views I do not believe this blog is biased. If anything it is too bullish perhaps ;-), I'd like to see more short side discussion.

Above anything take care of your health.

I didn't think it was necessary to state the obvious, but I thoroughly enjoy your blog.

Bill leads me to some of the best water to drink from the thousands of wells to choose from. Take for instance KRI.TO/KHRIF; back in September of ‘O6’ he pointed all of us here to make a decision on an abandoned Russian mine full of water out in Mongolia, result:

Last week I sold ½ of the investment I made in this venture, after making 124% profit, and now watch the other half (which I feel is gratis) continue to grow.

Thanks Bill for the wisdom you share and the truth you provide.

Bill
Reuters just released (about 45min ago) an interesting article about the Bill Gates Foundation unloading his HB positions and also his energy positions. (smart thinking there!) Then they list a few new positions his foundation has invested in.
It looks like he sees value in the Cara 100 CAT and also Daimler Chrysler (DCX). Don't know if DCX is in your Cara 100...Anyway, it's fun to watch the big name funds and see where they see the best value for their investing dollars. Chances are both companies will see an increase of buying in the next few weeks with some investors trying to piggyback his investments.
I can only assume Buffet has some input in Gates' decision since they have become joined at the hip so-to-speak.
Yes, I've owned some DCX for the long term, but I could sell if the price becomes much riper.

http://www.reuters.com/article/ousiv/idUSN1549007220070215

Funny thing is I created a portfolio of 20 of the 500 biggest global companies that I expected to outperform the market back in September. Up close to 20% in that period.
MT, BG, SNP, DCX, SI,TM,FTE, HMC,AZ,AXA, ABN,NTT, TOT,E,STO,AHO,ING,HBC,BP .
My portfolio has an international / non-US bias since I already have exposure to the US markets in my other portfolios.I guess it pays to go international .

ALOHA !!

I totally agree Bill ... In the late 1970's I got in on the last gold and silver rush. I got out and got into tech. I made a lot of cash on dot.coms and fibre optics and puts on Enron. Then in 2000 I sat there at my computer in my Walnut Creek,CA apartment in 2001 and I recall saying to myself, "Tech looks dead ... what sector is at its lowest right now?" I recall I pulled up a gold and silver chart and said, "WOW a 20 year low!!!" The next day I started buying gold and silver 10 ounce and 100 ounce bars. My next move was to buy stocks. My first buy was a HD Group stock Northern Dynasty(NAK)for $0.65USD, average annual gain over 300%. My latest two buys are Continuum Resources(CNU.V CUUEF.PK) at $0.32USD and Liberty Star Gold(LBTS)at $0.55USD, near a 100% gain on both in less than a month. My gold/silver/uranium/copper portfolio has risen on average 120% per year with a 91% rise in 2006. Okay, some one tell me where I can get returns like than without being in the Mafia?

Tunnelvision is watching CNBC and SQUAK BOX ... Only blogs like Bill Cara dare to think outside the box!

Tunnelsision is how you stay poor ...

Well Bill, keep up with the good work, ignore the bashers and hope you're back to better health now.

Bill got me into this precious metal rally back in October, he pointed me to a number of quality PM stocks which have done tremendously well.

Cheers
Didier

The untold story in AMD is how buggy its eco-environment is. What I mean is that AMD has lots of problems in the systems integration phase. Read the hardware forums for people who like to build computers. AMD consistently winds up as the common element for a number of very bad bugs. Since INTEL controls the chips set environment, they tend to have far fewer bugs. The premium that you pay for with INTEL is justified.

It’s kind of depressing, but it is very hard to go after the leader in its own space. Will Google take down Microsoft? As bad as MSFT can be sometimes, how do you feel about not being able to access your spreadsheets because the network is slow, or the Google servers are acting up? Sure Windows is a lame system, but it’s the devil we know.

Likewise Juniper insiders have made a fortune out of pretending to be Cisco's slayer. JNPR's CEO was a huge seller of JNPR in the fall of 2000.

I am not sure of Bill's rational for panning AMD, but his recommendations helped confirm my intuition about the company. AMD is the house that Jerry Sanders built. Compare him to Andy Grove, and you'll see the difference in character.