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May 27th, 2005
Gold prices have moved lower since my last Gold report last week. And I am happy to report that I had a nice WINNING trade in my Bear Contract on GOLD via Betonmarkets that I posted in last weeks Newsletter. The prediction I had on Gold last week was somewhat close but I didn't hit it out of the park. I thought Gold would get down to $412-$414 sometime this week its low was in the $416's. I also thought we would have a $4 down day in Gold. Last Friday came the closest as it was down about $4 at one point during the day but only finished down about $2.80.
I DO NOT HAVE A CURRENT POSITION IN GOLD AND DON'T PLAN TO BASED ON THIS INFORMATION.
Gold is still in a down channel currently. A close above $420 an ounce would break that down channel though it still may have a hard time with a rally. If the down channel holds I think you can see $412 an ounce maybe even $410 an ounce within the next week +. If I was a futures trader in Gold I would probably short Gold if it closed below $416 an ounce looking for $410-$412. I wouldn't take a long position in gold at this point.
THIS IS NOT A RECOMMENDATION!! I DON'T MAKE RECOMMENDATIONS. I AM MENTIONING THIS ONLY FOR FULL DISCLOSURE.
ALWAYS LOG INTO EGOLD VIA https://www.e-gold.com ,bookmark it, and use your bookmark to go to the site rather than via any e-mail or link online.
PLEASE USE YOUR HEAD WHEN IT COMES TO E-MAIL. Egold/Paypal will NEVER e-mail you asking you to log in, so when you get an e-mail like that DELETE IT.
You can always find the current issue of Alley Cat News on the website under Newsletter.
I will be leaving this section to the http://www.christian-finances.net site which is now open.
It deals with a lot of $$$ issues like Mortgage, Taxes, Gas Prices, Everyday Expenses, Home Businesses, Making $$$ this week, Wasting $$$, and much much more. So check out the website if you want more information on $$$ ideas.
There is a lot more information on the New site so even if you went to the finances.alleycatnews.net site previously, the New site has MUCH more content so Check it out.
Is it possible to Turn $300 into $4,000 a month income?
Yes, it is possible. The question is do you have the discipline to be able to do it?
The FOLLOWING IS JUST AN EXAMPLE. RESULTS WILL VARY. THIS IS JUST FOR ILLUSTRATION- PURPOSES ONLY!! TRADING INVOLVES RISK ETC.....
Do you have a long term vision or are you just out for the "quick buck" in the next week or month? If you have some long term vision it is possible to Turn that $300 into $4,000 a month income. And NO, not with MLM or HYIP's etc but where you control your money.
My goal for my forex system is to return 100-200 pips a month. For this example, each pip is worth $10 on a full Forex Contract and $1 on a mini forex contract. (Some currencies like the yen are closer to $9 per pip on a full contract rather than $10. However, as a good average, I am using $10 in the below example.)
In general I would suggest trading 1 mini contract per $500 you have in your account. And 10 mini's equal 1 full contract so $5000 per full contract.
But lets say you don't have the $500 to come up with to start but you can start with $300. Well, good enough. If you were able to just get 100 pips profit each month for 2 years, you would have over $20,000 in your trading account and could produce $4,000 a month in income winning just 100 pips a month.
Here is the breakdown.
As you can see, after the 25 month, you could be pulling in over $4000 a month from trading. Of course this is just an EXAMPLE but the possibilities are there for the person with patience and a long term vision. If you don't have a lot to invest, I know it can be hard to imagine having a $20,000 account. And you want to get there so much faster so you can make full time money. Well, just have patience and find a good trading system you are comfortable with. Hopefully that is our trading system. But there are lots of them out there. Just be careful of the ones with fishy Guarantees or ones that just have hypothetical results and that suggest trading multiple currencies at the same time.
Forex System Update
The New Forex Website is now available at
The price of the Simple Forex system is currently $99. This includes 3 months of Chat Room support and a 90 day Money back guarantee. I want you to be satisfied with the trading system or if not, get your money back.
Starting June 22nd the price of the Simple Forex System will go up to $199. It is well worth that price with the Chat room support and the system itself. So if you want to get in at the discounted rate do so before June 22nd.
Below you will find a recent trade we made late last week using the Simple Forex System. It was a Nice 110 pips winner on 1 forex contract that is worth $1100! (even at a mini forex account, that would be $110 profit which would have paid for the Simple Forex system on that 1 trade.)
Click the chart for a larger image. **** The Simple Forex System price
will be $199 starting June 22nd so if you want the discounted price,
you have less than 30 days at the reduced price. We offer 90 day chat room support and now a 90
day money back guarantee so we are very different than most Forex Systems.
Click the chart for a larger image.
**** The Simple Forex System price will be $199 starting June 22nd so if you want the discounted price, you have less than 30 days at the reduced price.
We offer 90 day chat room support and now a 90 day money back guarantee so we are very different than most Forex Systems.
OTHER NEWS YOU CAN USE!!!
* The Betonmarkets Guru Service has a record of 19 Wins 7 Losses and 1 tie on the Star 1 trades and 1 Win and 0 Losses on the Star 2 trades. A Person taking all the bets at just $10.40 risk on the 1 Star bets and $20.80 on the 2 Star bets would be up almost $170 this month.
If you want to try the Betonmarkets Guru Service that I offer, now is the time. It is just $1 for the month. However starting June 20th the price for a 30 day subscription will be $19. (Which is still less than $5 a week and is well worth it.) So try us out while the discounted price is still available.
I DON'T MAKE RECOMMENDATIONS!!!
How the Betonmarkets Guru Service works is....
1. You need a Betonmarkets (BOM) account (one that starts with MLT)
You can sign up for a free Betonmarkets account with the following link.
2. So now that you have a Betonmarkets that starts with MLT (For example your account # would be MLT12345, IT MUST start with MLT which = MALTA jurisdiction), you can sign up for the BOM Guru Service that I offer if you so desire by clicking on the following link.
3. The cost for the first 30 days of service is just $1 which will come out of your BOM account.
4. Now if you are signed up, each time I make a trade with my Betonmarkets account, you will get an email from BOM stating what trade I just placed. So you could, if you so desire, go into your own BOM account and place the trade like I did. I DON'T MAKE RECOMMENDATIONS!! The Guru service is for entertainment purposes. I also DO NOT TRADE PEOPLES' ACCOUNTS FOR THEM.
Some other notes.
Most of my trades are placed between 7am-10am est. Not all of them, but I would say 80% of the trades are placed during that time frame. (Which is 11am-2pm GMT)
Trades will be in the Forex and Indices mostly with an occasional Stock trade.
Most trades are Intraday UP/DOWN bets that can last as little as 30 minutes to as much as 6-7 hours. I will have a few Super double trades (which are currently 2-1) and some bull/bear contracts as well.
So if you have an MLT BOM account and want to check us out go to our BOM GURU SERVICE
* http://www.christian-finances.net is a new website. It's all about finances, so if you are looking for good information on your $$$ that is the place to go. Also if you have ever gotten a forwarded email in your life, check out the Forwarded Email Section.
* YMMSS still has a long cycling time. I don't see a lot of cycling programs anymore as I did a few months ago. Seems they have died out a bit. Hopefully YMMSS can recover to there smaller cycling times for all its investors. PIPS still has withdrawal issues, although I continue to see people promote the program which baffles me. I don't personally know of an HYIP program that had these types of problems, came back to get them fixed, and paid off everyone. People are waiting 5 months now for some withdrawals. I do hope they are able to recover for all those involved.
* I have received MANY emails in the last couple of weeks with the subject line of "VERIFY YOUR E-GOLD ACCOUNT" Of course this is a SCAM and don't even open the email. I have posted on this for years now that is why I keep the information in the newsletter each week. ALWAYS, ALWAYS DELETE. Paypal, Egold, etc... won't ask you to verify your account via email.
* Sign up for our Free Trading Newsletter at
* My contact information is always at the bottom of each Newsletter.
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