Why Aren't Gold and Silver Even Higher? [View article]
My premise was risk per trade... As a rule... never invest more than 5% of your assets in any idea... no matter how strong you feel... the funny thing is the ideas you do not feel so strongly...end up working much better than the easy trades.... More so... have a plan...can not say it enough... 99.x percent of investors do not have a plan...and this is paramount especially now for economic survival....
On Mar 20 12:51 PM Allan Frain wrote:
> Comparing (risk of) exposure to Gold vs. Madoff is difficult to fathom. >
Why Aren't Gold and Silver Even Higher? [View article]
All I can say is.. Have a plan... know exactly where you are buying...what is the signal... know exactly where the trade does not work... and exit with a loss...or contrarily ...know where to exit with a profit...
Anything can happen... Gold can go to $5000 or even $500.00 As well be diversified... no more than 5% of your net worth in any idea or asset... too many people made that mistake with Madoff..
Living the American Dream - in Reverse [View article]
Sorry if I was confusing.. I feel in no one Obama caused these issues... more so ...cause is not the issue at hand... what is paramount is to fix the issues... With that said though.. I find it hard to have confidence that this administration can fix the problems... so easily or quickly... These are deep ingrained problems that think years of healing will be needed... Yes..everyone deserves a chance... but at what expense... to mortgage the future of our grandchildren? All the money the administration is throwing around will cause us tremendous debt..( unless there is a devaluation of the dollar) and quite possibly rampant inflation... Either of these options are not good for us... However..this too will end...and we will come out of this the strong nation that we are...
On Mar 20 08:33 AM Ferdinand E. Banks wrote:
> I like the way that Mr Abraham writes. He has the ability to use > his sense of humor. Of course, I don't understand what he says. The > US is a democracy, and although there was some question about the > first Bush victory, the second was apparently above board. The American > people (as a group) voted for President Bush, and they have the opportunity > now to live with the outcome of their decision, and hopefully learn > if they find it unpleasant. Of course, the point is to pretend that > the present economic disaster is the result of voting for President > Obama, but I find that absolutely and completely incomprehensible. > My conclusion here is that like it or not, the new president deserves > a chance, even if I think that his energy policy is nutty
Living the American Dream - in Reverse [View article]
I am just stating the unpleasant facts... I believe anything can happen... things that are logical and we take for granted can change... I am an eternal optimist... but the fact is people are scared...uncertain of the future... The fact is that sadly people are really living in tents...that is why I sent the link in the article.. as well as sadly people are purchasing weapons... this is not sensationalism... sadly the state of the facts...
On Mar 20 09:39 AM Tradememe wrote:
> "Fear… Despair… Disbelief.. Hopelessness" > ”Civil Unrest in the US” > "Unemployment is raging" > > This is exactly the kind of sensationalist post that is contributing > to the negative psychology.
It is called the Peters Principle... People rise to their highest level of incompetence...
On Mar 20 07:23 AM Allan Frain wrote:
> People do not rise to the highest positions of power through incompetence--even > in a compromized system. Their agenda is simply not what it is purported > to be.
You are so correct...food stuffs do not go to zero...citi can go to zero...
On Mar 19 05:32 PM Shonkypom wrote:
> Increased money supply will devalue the USD, inflation will ensue. > US institutions have been the largest borrowers in the world, their > share of debt is proportionately higher, so more monetary easing > will be required proportionately in the US than elsewhere, so yes, > the USD will devalue relative to the rest, although they have similar > problems. Did the US really think a bunch of deadbeat Homer Simpsons > could carry on living the most extravagant lifestyle in the world > with such low domestic productivity growth, without an eventual reckoning? > > The only safe place for wealth in an inflationary environment is > to be globally diversified in real non consumable assets.
AIG Rewards Failure: How Could the Brightest Be So Blind? [View article]
Well said... who says it will be a Black Swan... enough is enough... what really happened to our country? I had an email sent to me ...asking me to send a tea bag to Washington...my response was that would even be a waste of a tea bag....We need true leaders...
On Mar 16 04:34 PM O-B-WON wrote:
> I think we're about to have a Black Swan event in this country..... > > > The tax paying citizens of this country have just about had their > fill...
The Great U.S. Ponzi Scheme: Sell U.S. Treasury Bonds [View article]
IF you had sold yesterday... depending on leverage you would have lost alot of money.... Trade with a plan...not an opinion...Opinions can lose you money...It all depends on your time frame...more so.. know where the trade works... and when it does not...
How about they are devaluing the debt that they owe....it is not all that complicated.. this was done during the Great Depression..
On Mar 19 09:31 AM User 379154 wrote:
> I'm not so bright so the only way the administration's actions make > sense to me is either they are deliberately ending the dollar to > make room for a new (hemispheric-world) currenty, or they are breathtakingly > incompentent. But like I said, I'm not so bright.
You are so correct Richard... it is truly how blind the FED has been...more so...how much debt they have placed on our grandchildren...seems the only thing they can do is to devalue the dollar... that is my opinion...but will only follow my trading signals...
On Mar 19 12:14 PM Richard K wrote:
> China explicitly warned against this kind of action last week. Now > they have our answer: We don't need your dollars, we can make our > own. > > As many have pointed out, China can't start dumping the dollar investments > they already have without danger of starting a global run that would > accelerate their losses. But it will be interesting to see how much > interest they show in future Treasury auctions.
I would not say worry... but have a plan... you do not need to be a victim of this mess... diversify your assets... corn...gold...and all other commodities can not go to zero...people still will need to eat... Learn about what happened in the Great Depression...learn from history... one of the facts was the US dollar fell 40%. Go for real assets... be flexible... don't fall in love with whatever investment... such as gold... Learn to trend follow with a strong focus on risk...
With yesterdays action with mortgage rates at extreme lows... why would banks lend to borrowers ..even good borrowers when judges can cram down ( reduce mortgage notes) mortgages.. this is total insanity.... Inflation is knocking on our door... and the FED let the door open VERY wide..
GLD Soars on Fed Announcement; Headed for All-Time Highs [View article]
What about silver... as I am watching the market it is up today 13.49%... this is truly mind boggling ...more so yesterdays move in gold...or should I say volatility was immense... all of this confirms...have a plan... know where to buy...know where to exit with either a profit or loss... the volatility in the markets is awesome...
That Wasn't a Bear Market, This Is a Bear Market! [View article]
How about all the money that has been lost trying to catch a bottom....seems like the last 6 months have been brutal...look at Abu Dhabi Investment authority purchase of Citi... or Singapore's investment ...or even China's in Black rock...Follow the trend... it will save you money.. don't predict
Why Aren't Gold and Silver Even Higher? [View article]
On Mar 20 12:51 PM Allan Frain wrote:
> Comparing (risk of) exposure to Gold vs. Madoff is difficult to fathom.
>
Why Aren't Gold and Silver Even Higher? [View article]
Anything can happen... Gold can go to $5000 or even $500.00
As well be diversified... no more than 5% of your net worth in any idea or asset... too many people made that mistake with Madoff..
Living the American Dream - in Reverse [View article]
On Mar 20 08:33 AM Ferdinand E. Banks wrote:
> I like the way that Mr Abraham writes. He has the ability to use
> his sense of humor. Of course, I don't understand what he says. The
> US is a democracy, and although there was some question about the
> first Bush victory, the second was apparently above board. The American
> people (as a group) voted for President Bush, and they have the opportunity
> now to live with the outcome of their decision, and hopefully learn
> if they find it unpleasant. Of course, the point is to pretend that
> the present economic disaster is the result of voting for President
> Obama, but I find that absolutely and completely incomprehensible.
> My conclusion here is that like it or not, the new president deserves
> a chance, even if I think that his energy policy is nutty
Living the American Dream - in Reverse [View article]
On Mar 20 09:39 AM Tradememe wrote:
> "Fear… Despair… Disbelief.. Hopelessness"
> ”Civil Unrest in the US”
> "Unemployment is raging"
>
> This is exactly the kind of sensationalist post that is contributing
> to the negative psychology.
And There Goes the Dollar [View article]
On Mar 20 07:23 AM Allan Frain wrote:
> People do not rise to the highest positions of power through incompetence--even
> in a compromized system. Their agenda is simply not what it is purported
> to be.
And There Goes the Dollar [View article]
On Mar 19 05:32 PM Shonkypom wrote:
> Increased money supply will devalue the USD, inflation will ensue.
> US institutions have been the largest borrowers in the world, their
> share of debt is proportionately higher, so more monetary easing
> will be required proportionately in the US than elsewhere, so yes,
> the USD will devalue relative to the rest, although they have similar
> problems. Did the US really think a bunch of deadbeat Homer Simpsons
> could carry on living the most extravagant lifestyle in the world
> with such low domestic productivity growth, without an eventual reckoning?
>
> The only safe place for wealth in an inflationary environment is
> to be globally diversified in real non consumable assets.
AIG Rewards Failure: How Could the Brightest Be So Blind? [View article]
I had an email sent to me ...asking me to send a tea bag to Washington...my response was that would even be a waste of a tea bag....We need true leaders...
On Mar 16 04:34 PM O-B-WON wrote:
> I think we're about to have a Black Swan event in this country.....
>
>
> The tax paying citizens of this country have just about had their
> fill...
The Mighty Greenback, In Transition [View article]
The Great U.S. Ponzi Scheme: Sell U.S. Treasury Bonds [View article]
And There Goes the Dollar [View article]
On Mar 19 09:31 AM User 379154 wrote:
> I'm not so bright so the only way the administration's actions make
> sense to me is either they are deliberately ending the dollar to
> make room for a new (hemispheric-world) currenty, or they are breathtakingly
> incompentent. But like I said, I'm not so bright.
And There Goes the Dollar [View article]
On Mar 19 12:14 PM Richard K wrote:
> China explicitly warned against this kind of action last week. Now
> they have our answer: We don't need your dollars, we can make our
> own.
>
> As many have pointed out, China can't start dumping the dollar investments
> they already have without danger of starting a global run that would
> accelerate their losses. But it will be interesting to see how much
> interest they show in future Treasury auctions.
Fed's Bond Buy Signals Crisis [View article]
Learn about what happened in the Great Depression...learn from history... one of the facts was the US dollar fell 40%. Go for real assets... be flexible... don't fall in love with whatever investment... such as gold... Learn to trend follow with a strong focus on risk...
The Fed Must Be Crazy [View article]
GLD Soars on Fed Announcement; Headed for All-Time Highs [View article]
That Wasn't a Bear Market, This Is a Bear Market! [View article]