TripRockYeti

Is Gold A Sucker's Bet?

Alan is a handsome young man..but I bet hes shorting Gold BIGTIME! You'll probably see S&P index at 750 before you'll see gold at $400..You better short that one instead..LOL..I doubt you'll see $575 again in our short lifetimes...too much uncertainty! Masses will continue to stock up on Gold as a store of VALUE as the dolla' buys less and less..I am curious where did Alan get his economics degree? Thx guy but I think Gold will be very strong for years to come..

Stocks Plunge, Again

Curbs-in that is really funny about the soccer moms ripping off the Quickie Marts for baby food..LOL I think I made a mistake buying another 25 shares of Morgan Stanley b4 the close on Thursday..at $12.67..oops..wife keeps bitching about a half a new roof we need on the house while I keep messing up..hehe..maybe she should join the soccer moms in those Quickie(HAHA) Marts..that reminds me 'We do have a kid that plays soccer' HaHa

Eight ETFs to Preserve Your Wealth

Deflation is on the way or we are in it..
Too many things worth less then cash and cash in supply amounts under the number of nearly invaluable things..
Cash, Gold and maybe muni-bonds..the end

Gold Speculators Rushing In?

Ok CLH if your calling the 2 times the price touched $300 after 1980 so then the price was 2.5 times its value..as in the $300 being support levels. When you speak of shorting commodities and gold sure..but..how far down the road are we talking a few weeks, months or years.? I see this disinflation as a temporary thing..even if we ignore crude oil for a second(which 'seems' to be pulling most all commodities with it for the time being) what I ask is going to be done to consumer prices when the gov't attempts to do something about the $8.7 TRILLION National debt..as you know..? In case anyone forgot, I thought we at a 27 year high in inflation rate..? As oil falls does anyone think consumer prices will fall as well, I say let the crap on the shelves rot til they do drop in price..

Gold Speculators Rushing In?

That nice spike here in 1980 has little to do with today for those dollars back in those days are very different than those today...
Many experts claim adjusted for inflation/time value Gold should be around $2200 per ounce, I am not holding my breath for that either..
There seems to be alot of funny business going on with the Gold market.. maybe manipulation is a better word..Either way a stable Dollar and Gold will run...(see inflation)

..if it's big n hairy and trips over a rock it could be a Yeti..it falls down too..TripRockYeti (i.e.this is a work in progress)