If the Gold Price Breaches $1,730 on Monday it Has Bottomed and I will Buy with Both Hands

Gold Price Close Today : 1,710.90 Gold Price Close 2-Mar : 1,708.80 Change :
2.10 or 0.1% Silver Price Close Today : 3417.5 Silver Price Close 2-Mar : 3448.1
Change : -30.60 or -0.9% Gold Silver Ratio Today : 50.063 Gold Silver Ratio
2-Mar : 49.558 Change : 0.51 or 1.0% Silver Gold Ratio : 0.01997 Silver Gold
Ratio 2-Mar : 0.02018 Change : -0.00020 or -1.0% Dow in Gold Dollars : $ 156.13
Dow in Gold Dollars 2-Mar : $ 156.99 Change : $ (0.86) or -0.6% Dow in Gold
Ounces : 7.553 Dow in Gold Ounces 2-Mar : 7.595 Change : -0.04 or -0.6% Dow in
Silver Ounces : 378.11 Dow in Silver Ounces 2-Mar : 376.37 Change : 1.74 or 0.5%
Dow Industrial : 12,922.02 Dow Industrial 2-Mar : 12,977.57 Change : -55.55 or
-0.4% S&P 500 : 1,370.87 S&P 500 2-Mar : 1,369.63 Change : 1.24 or 0.1% US
Dollar Index : 80.003 US Dollar Index 2-Mar : 79.432 Change : 0.571 or 0.7%
Platinum Price Close Today : 1,689.25 Platinum Price Close 2-Mar : 1,696.30
Change : -7.05 or -0.4% Palladium Price Close Today : 711.25 Palladium Price
Close 2-Mar : 716.20 Change : -4.95 or -0.7% The GOLD PRICE has climbed to the
$1,705 - $1,715 region where it fell through support and went to visit $1,665.
Time to fish or cut bait. Gold stopped just short of its critical 150 DMA
($1,716.23). If it fails here, gold must do further penance wallowing below
$1,700. On the other hand, if it breaches $1,725 - $1,730 on Monday, where
'twill meet the downtrend line from the September high, I would confess it hath
bottomed and buy with both hands. On Comex today the GOLD PRICE gained $12.80,
closing at $1,710.90. In any event, I can't see it falling much below $1,625,
but next week will speedily instruct us. SILVER PRICE lodged beneath 3450c
resistance and spun wheels and spit mud today, but couldn't rise above 3438.
Comex spot month silver ended at 3417.5c, up 38.6c. GOLD/SILVER RATIO dropped
from 50.256 yesterday to 50.063. Silver's crucial 300 DMA awaits, but higher
still, at 3490c. Silver touched but could not penetrate its 20 DMA today. Trend
in force remains in force until violated. Right now silver's trend is down, and
it needs to close above 3460c to gainsay that. There we are, stuck in the limbo
between picking a bottom and waiting for a breakout. Next week will clear the
crystal ball. For all this week's excitement and the metals' stumbling, the
scoreboard didn't change much, except for the US dollar index. Even that doesn't
look to be a great advance, but considering what it recovered from, it looked
good. Y'all try to twist your minds around this. Greece announced that for this
present bond recall deal, 86% of creditors subject to Greek law and 69% of
international bondholders agreed to accept a 74% haircut. Yet today the
International Swaps and Derivatives Association (ISDA), the derivatives industry
group who decides whether a default has occurred and thus triggered payoff for
holders of Credit Default Swaps, said that a Greek default had occurred,
triggering $3 billion of default insurance. Why? The Greek government used a
collective action clause to force the rest of the investors to take the same
deal. Three billion sounds like a lot, but 'taint nothing like paying off the
CDS on all the debt that was re-scheduled. Markets never blinked over the ISDA's
decision. It only further illustrates that the whole "bail out" benefits only
the banks, and not Greece. None of that bail out money will perch in Greece, but
will all fly clean through to the banks. Now Spain, having witnessed the savage
pain dealt out to Greece, is saying it won't take those austerity measures. I
know the Europeans keep kicking these cans down the road, but one of these days,
maybe this year, that can will turn out to be a land mine with 40 or 50 lb. of
C4. The financial and government system has now become nothing more than one
vast criminal enterprise bent on harvesting all the rest of the world that
belongs not to the Elite. They have made themselves the enemies of all honest
men of good will. For now they have their way, sucking the world's blood, but it
will not end well for them. As the Greeks used to say, the wheels of justice
grind slow, but they grind exceeding fine. Keep grinding. After Tuesday's
killing nose dive from 12,970 to 12,740, the Dow laboriously climbed back to a
high today at 12,968 and closed up 14.08 big points (0.11%) at 12,922.02.
Tuesday's break fell out of a lethal rising wedge. Balance of the week's
recovery only form a double top, making the gravitational outcome -- toward
earth's core -- more sure and certain. S&P500 will accompany the Dow. It gained
4.96 today (0.36%) to end at 1,370.87. Stocks -- headed for new discoveries
beneath the earth's crust. US DOLLAR resolved a harrowing two day correction by
shooting straight skyward today and closing above the morale-boosting 80 level
at 80.003, up 86.4 or 1.11%, gigantical for a currency move. IF the buck can
clear 80.12, 'twill shoot for 82. The ever lively Japanese Yen today proved that
you cannot possibly expect too little from any fiat currency. Even though the
Yen has been waterfalling like Iguazu since 1 February, from 131.52c to 121.29c
today (down 7.8%), today demonstrated it hath not stopped yet. Lost 1.07% more
today. NGM in Europe and US are gonna get real mad at the Japanese NGM if they
don't alter the yen's trajectory. On 9 March 1861 the Confederate Congress
authorized bills in denominations of $50, $100, $500, and $1,000. That wasn't a
good omen for their unwillingness to inflate. In fact both North and South
fought the war on inflation, but the South began with less specie so inflated
more. It wasn't until the closing acts of the War that Confederate currency
began its worst losses. Y'all enjoy your weekend! Argentum et aurum comparenda
sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger
The-MoneyChanger.com © 2012, The Moneychanger. May not be republished in any
form, including electronically, without our express permission. To avoid
confusion, please remember that the comments above have a very short time
horizon. Always invest with the primary trend. Gold's primary trend is up,
targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver
ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and
worth only one ounce of gold; US$ or US$-denominated assets, primary trend down;
real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be
advised and warned: Do NOT use these commentaries to trade futures contracts. I
don't intend them for that or write them with that short term trading outlook. I
write them for long-term investors in physical metals. Take them as
entertainment, but not as a timing service for futures. NOR do I recommend
investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical
metal and I fear one day one or another may go up in smoke. Unless you can
breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of
traps. NOR do I recommend trading futures options or other leveraged paper gold
and silver products. These are not for the inexperienced. NOR do I recommend
buying gold and silver on margin or with debt. What DO I recommend? Physical
gold and silver coins and bars in your own hands. One final warning: NEVER
insert a 747 Jumbo Jet up your nose.

Todays DJIA Dow Jones Industrial Average Index, Nasdaq, S&P 500 Stock Market Investing News Market Trends Today Approaching Close

All three primary indices in the U.S. closed green across the board Thursday as
investors felt optimistic that the debt restructuring deal in Greece would be
secured. The optimism was warranted as news spread shortly thereafter of the
Greece debt deal agreement. Greece has finally surpassed the last hurdle it
needed to clear to qualify for the billions that come with the bailout program
via the European Union and the International Monetary Fund. Debt default will be
avoided at this point because of the deal and the financial future for Greece
just became a little brighter. Interestingly enough, futures for the DJIA,
Nasdaq and S&P 500 were posting red prior to opening bell this morning. Trends
did rebound for the primary U.S. stock indices during the trading session and as
close approached, all three were posting green. Index trends were helped
somewhat by the jobs report. It was slightly better than anticipated and helped
stocks in the U.S. gain positive attention for a third consecutive day.
According to the report, the national unemployment average stayed at 8.3 percent
and approximately 227,000 jobs were added to the U.S. economy in February. DJIA,
Nasdaq and S&P 500 Index Trends Approaching Close: Index values were positive
across the board as close approached. The DJIA was higher by .08 percent at
12,918.20. The Nasdaq was higher by .51 at 2,985.68 and the S&P 500 was green by
.28 percent at 1,369.48. Frank Matto

Spotlight on a Startup

Many accredited investors are looking for alternatives to stocks, bonds, gold,
real estate, and bank accounts. With excess funds available for speculation,
investors are willing to take some risk with significant potential for the
upside. The buzz around the upcoming Facebook IPO has caused investors with
substantial amounts of capital to ask themselves 'where can I get in on the next
ground floor opportunity'? Investors who are willing and able to take a chance
on these opportunities are taking closer looks at early-stage venture capital
opportunities. What goes on in a startup? What are the opportunities and
challenges with startups? In order to give readers an inside look at a startup,
we decided to interview Lief Storer, CEO and founder of a San Francisco based
company called BoomBotix Inc. Let's start by having you describe your current
product line. What is it that you are selling? Boombotix makes portable speakers
designed for life in motion. Our current product offering is the Boombot line
which is a skull shaped speaker inspired from Japanese Urban vinyl toy design.
We've fused together modern audio technologies with a fun aesthetic that we
thought would really resonate with our target demographic. How did you happen to
come up with the idea for the product? I was an engineer by day and artist by
night. I painted skate decks, canvas, and sneakers typically going for an
urban-surrealist style. My company flew me out to Taiwan to work on programming
LED illuminators. I was at this place called the Dream Mall when I discovered
all these blank Do-it-yourself toys and that's when I started working on this
toy as a new medium. I blew out my knee skiing and I started to ride my bike to
work to rehab. During my healing, I was painting a lot and I discovered this toy
called the Skully that was basically a tennis ball sized skull with asymmetrical
eyes. In looking for an alternative to my DJ headphones for riding, I thought
I'd hack together my own hand-made speaker using an iHome audio portable
speaker and a Motorola walkie-talkie belt clip. I made my first prototype as a
weekend project and my life went on another adventure from there. Who is your
target consumer? I think our product line will do great in mass market, BUT our
core market is 12-28 years of age with an active lifestyle, a passion for music
and technology. Smartphone users are getting younger and few companies are
really addressing accessories that hit home with this market. We are not just
addressing the way a product looks, but adapting our products to the lifestyle
of this market. To really understand it, you have to really get in their shoes
and understand what their day-to-day life consists of. Any direct competitors?
It really depends on how you look at it. On one side of the spectrum, there are
a number of brands that are offering mobile audio solutions whether it is
headphones or speakers. Most notably, we would say Skullcandy and Jawbone are
major competitors to us in the space. We're trying to distinguish ourselves
with software AND hardware solutions that have substantial barriers to entry
supplemented by a close tie to our core community. How do you go about marketing
your product? With very few resources, we have relied on social media and
grassroots marketing. Major tradeshows like CES, Interbike, and Surf Expo have
been good for us as well, but they are also tough on cash flow when there is no
marketing budget. Our key to success has been to really pursue relationships
where people are just happy to use our product and promote it knowing that we
can't offer them much more than that. The bike market has been great for
finding customers that truly love the experience that Boombotix offers. When did
you first start your company and was it hard to get started? I came up with the
idea in 2009 and I spent about a year designing and sourcing a good vendor in
China. It was REALLY hard to get started. It's really intimidating to raise cash
when you've never done it before. I funded the company to get to the point of
having our first production quality prototype. Once I had a piece that looked
and sounded as amazing as I envisioned, raising investment got easier, but it is
still hard as hell in today's economic climate! Tell us a little about your
background, such as where you went to college, previous jobs, etc. I went to UC
Davis for Optical Engineering. It was a unique program that let you bounce
around a lot of different departments. Out of college, I was the lead engineer
in a new LED Lighting division at DiCon Fiberoptics. That job taught me so much
about product design and marketing. It was essentially a startup division that
had the backing of the parent company. A lot of the skillsets I learned there, I
transferred right over to Boombotix and was able to spec and design my own
product. I pride myself in my eye for design and I think my artistic side has
really allowed me to share my vision with everyone around me much better. It's
really important as an entrepreneur because if nobody GETS your vision, there is
no way you can expect them to help execute it. How did you happen to locate it
in San Francisco? I was running the business out of my parent's garage until
March 2010. My CFO had me go into the office of another tech-toy startup where I
met Mike North. He was a super cool guy with a lot of amazing projects under his
belt and he offered me some studio space. As soon as I got in there, I brought
more hands on deck and it made sales skyrocket. We quickly outgrew the spot and
I found a sweet studio on 23rd and Mission that I thought would be the ultimate
headquarters for a startup like ours. What is your current staffing level like?
We have six people in the office every day and we're always churning in
interns to help us with social media and PR. We like to keep a small team of
really talented individuals that understand the scrappy startup life and just
love getting their hands dirty. After all, even the CEO takes out the garbage.
Can you give us an idea of what your growth has been in terms of products sold
and revenues? Just to give you a ROUGH idea, at our 18-month mark, we hit the
half-million in trailing revenue milestone. In one year, we had 127% growth in
sales and we are currently on pace to shatter last year. Our goal isn't to
spike it and burn out but rather sustain year after year of triple figure growth
and continue fostering relationships that we have. How did you get your original
funding for the company? By clawing and scratching at friends and family and
taking out loans. I'm so thankful to have the support of everyone around me.
What do you consider your biggest challenges relating to running a start-up?
Being a boss. Before this job, I had absolutely no management experience and
human capital is by far the biggest variable. I've always been strong with
interpersonal relationships, but managing people was completely new. Every time
that I'm not happy with someone's performance, I try to always ask myself,
"Is it their fault, or can I do something better as a manager to help make
them better at it?" Every day, your mood dictates your organization. If
you're down about something, your entire team will be too. Be stoked, be
inspiring, and sell the future. Can you let us in on any new products on the
horizon? I'm very excited for the waterproof watch we're making for the iPod
nano. I get tons of compliments on the prototype, but it's got some work to
get the bugs out. We're also just starting to get into advancing our software
to allow audio networks to be created on the fly and that is the technology that
I think is going to set our sound systems apart from the rest. Are you still
looking for more funding? We're looking to raise $1.5 million to float us
through 2013. Most of the funding will be used to finance inventory production
and keeping our team fed. We're fortunate enough to have a good amount of
investors hovering around so now we get to be a little more selective about whom
we bring on to our team. We really are looking for investors that have more to
offer than just cash. What is your long-term goal for the company? First and
foremost, we want to make key innovations in mobile audio technology. We think
there are a lot of shortcomings of current hardware/software products and we
would like to fill the voids and really define our niche in the space. Beyond
that, we also want to create a lifestyle around our products and ultimately have
a big impact on culture. We are not really thinking of exit strategies, but
selling to a conglomerate or going public are viable ways to cash out for our
investors. Anything else you would like to add? Yes. If you are trying to
pronounce our name, its Boom-bah-tics. The name is derived from creating a field
of science around the mobile audio. If someone wanted to get in touch with you,
is your contact information on your website? Not my direct contact, but you can
certainly reach out to investors@boombotix.com and it will likely find me. You
can reach out directly to me on my LinkedIn. Thank you for your time and
enlightening us. No investment recommendation nor any investment promotion is
expressed or implied by either Stockerblog.com, the interviewer, BoomBotix Inc.,
or the interviewee.

Gold, Silver Up on Greece News, U.S. Jobs

Over 95% of Greek government bondholders have signed on to the country's
debt-swap accord.

Gold Futures Eke Out Weekly Gain, Silver Dips 0.1%

Precious metals bounced back from earlier losses alongside the broader
financial markets on Friday. COMEX gold futures, which had fallen to as low as
$1,677.00 per ounce this morning, settled higher by $12.80, or 0.8%, at
$1,711.50 per ounce.

Electronic Arts Inc. Resurrecting Sim City

Electronic Arts Inc. (NASDAQ:ERTS) has plans to bring back the iconic community
construction game, SimCity. Electronic Arts Inc. Resurrecting Sim City
Electronic Arts Inc. (NASDAQ:ERTS) announced that it will publish the popular
city building game SimCity series in a 3D version next year. The company will
release the new game "SimCity", developed by Maxis, for

Gold Bulls Strengthen as Wagers Reach $131 Billion: Commodities

Gold Bulls Strengthen as Wagers Reach $131 Billion: Commodities BusinessWeek -
42 minutes ago By Maria Kolesnikova and Nicholas Larkin on March 09, 2012 Gold
traders are the most bullish in four months after investors accumulated more
metal than ever and hedge funds raised bets on gains to a five-month high. Gold
bulls strengthen as wagers reach $131-billion - Financial Post Gold Bulls
Strengthening as Bullion Wagers Reach $131 Billion: Commodities -
resourceINTELLIGENCE TV