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OldWarrior

OldWarrior
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  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    "All the gold ever mined in history is worth some $6 trillion"
    At ~$1220/Troy ounce, my math puts the total at around 5 Billion ounces, or around 70k Tonnes. If national reserves are all under 1k Tonnes except a very elite handful, where is all the rest of that gold? Does anyone know of a site that lists gold reserves/country and what the total is? This is more just out of curiosity rather than an actual interest in investing in PMs. (I talk about why I do not invest in them elsewhere.)
    May 17, 2015. 11:53 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    McAfee can be set to block PUPS. In my settings, any time I install a new program, or update a current program, I have to give that program permission to make changes to my computer in any way. I can block it, allow it one-time permission, or continuous. I also use CCCleaner to monitor all programs and clean up my startup list, as well as clearing up space. CCCleaner will even do 7 (or more) pass erases to wipe free space to DoD convention.
    Lastly, I use SuperantiSpyware to also show me what is running on my computer. It catches things that Norton missed, and even was the program I used when I caught a virus that was designed to attack Norton. The Virus corrupted almost every Norton file, and the Symantec Site could not clean up my system. That was when I switched to McAfee.
    Still, unless you have your own IT department like I do (a son who owns an IT company), almost every computer has vulnerabilities that no generic program can patch.

    Security must be designed around your system, OS, and usage.
    May 17, 2015. 11:40 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 120 [View instapost]
    OK Here is what I have been thinking about for the last month or so, and beginning some research on. EA and I have been talking more amongst ourselves about some kind of "Investment Club".

    While we are still very early in the research phase, one thing to research is how much serious interest there would be. There are other things to consider such as how much capital we want to start with initially; as well as how it would be contributed and how it would be used.

    In other words, we need to open some discussion before we can even know what to research. For that reason, I am willing to start a mailstring of interested people. If you are serious about being part of some investment project, please message me an email address that you will monitor, and I will start an initial mailstring. Once I establish that your email address is valid, I will add you to our string. After that, we can start throwing ideas around.

    (I will have to validate email addresses in case some Lurker tries to get our String. I suggest creating an email address just for this purpose to start with. No personal info beyond the minimum should be sent me at this phase)
    No email address should be posted "in-the-clear" here on SA as Bot programs will snatch it and it will be spammed to death within a week. If you message me an email addy, I will reply from a temp addy before we start using the string Live.

    In the meantime, there is a lot we can discuss here in general terms if IT will allow it. If we get enough discussion going, we will move to a dedicated Blog. Nothing is going to happen like "Overnight" at this point, we just want to assess interest and get some discussion going. Eventually, if we reach a level of real interest, I can even foresee some Ventrillo or even Skype meetings. (Ventrillo is (or was) a Voice only chat program. I'll check to make sure their site is still open.)
    I do not expect that the initial investment will be much to start with, at least until we get the bugs worked out; but that too is open for discussion.
    May 17, 2015. 11:23 PM | 3 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    Thomas Jefferson would have had his slaves drive him to the Polls.

    He is far from my Idol.
    May 17, 2015. 11:00 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    IT
    I use http://bit.ly/1dtRWlj, but use a blocker program to reduce the "Pushed" ads. They report PMs in real-time worldwide, as well as indexes.
    The site itself is safe, but my security programs warn me against following links to many advertisers there.
    May 17, 2015. 10:58 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    EA The time to go the the Deere plant is during the John Deere Classic Golf Tournament. I would KILL for one of those Tee Markers that they use. The other best time is, of course, when the leaves are turning along the Mississippi.
    May 17, 2015. 10:52 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    I might just make that trip Crade. I can use the excuse of visiting my son and grandson, while really going there to inhale peaches!!!
    May 17, 2015. 10:49 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    Crade, I'll be sending my son over to pick up some <g>.

    I wish I could as I enjoy them almost as much as strawberries but alas, He is also too busy even though he lives not far from you (Chandler). His 4 year old is almost a full time job in itself.

    I had a pear tree in Iowa, but it was a variety that had a shelf life expressed in bounces, not even hours. Little brown suckers that you had to catch on the first bounce as they were never quite ripe on the tree, and bad by the time they bounced about 3 times. Incredibly sweet though, and the birds got SOOO drunk eating them that it was hilarious.

    Seriously though, do you have a "Farmers Market" that you attend or know of in your area? I'll hit it the next time I go visit.
    May 17, 2015. 10:46 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    First off, IT I want to thank you for even opening a lot of this stuff for discussion and tends their Blog. If you think this blog is a bit inactive, I have several that often go a month without 1 comment. As the Hitchhiker's Guide to the Galaxy says "Don't Panic".

    As with most, I read a lot more here than I comment on. Part of the reason is RL stuff, and part is because there is a lot of discussion around PMs, and I am really pretty ignorant of PM trading. PM falls into the category of Commodities, something which I avoid. Now I know that there are a number of ETFs built around PMs, PM Miners, etc; but they all depend on the prices of the PMs for their direction and volatility.

    I am not being critical of discussing PMs, I just do not have much to offer when it comes to trading in them.

    When I do DD on a company or even an ETF, I like to read the SEC filings, see how many shares are out and whether that is growing or declining, all those things that are unavailable when one looks at the PMs themselves. Now the ETFs have that, but no one is going to come out with a silver bar with a wider screen or longer battery life. No one attaches a better camera, a better drug to extend it's life, or has developed a better security program to install on it.

    Perhaps to stimulate more discussion, I should be posting about the things of which I have some expertise, and invite comment on them. I will do so as time permits. One thing that is of interest to me is discussions of Market Direction.
    If you read what Peter Way is detecting near term Market direction as he analyzes the Market Maker's opinions of Leveraged Long ETFs, (http://seekingalpha.co... )
    as of 5/1 and 5/11, his analysis is showing that there is not much optimism of general SP growth over the next 3 months (as shown by the Upside/Downside Ratios of 4 major index ETFs). I do believe that there, as always, is the opportunity to make money, It will not be as easy this summer as it has been over the prior 6 summers or so. I can't help but think that if the stock indexes stagnate, it will be due to a retreat to bonds rather than PMs, as PMs have the reputation of being more heavily manipulated than Bonds. I have no proof that they are, just that most of the people that I talk to, when asked which are most manipulated, will tell you PMs.
    For that reason, I expect Bond funds to outperform both Equities and Metals over the next quarter.
    Now I must do the research to prove my hypothesis. I will start by getting lists of Bond ETFs, and doing some DD on them. If anyone has a favotite such ETF or is curious of such, please post the Ticker of ones you are interested in, and I will include as many as I can. No Mutual Funds please. They are far harder for me to research, and I will save them for later.
    May 17, 2015. 10:37 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    Don't kill the Blog just yet IT. I'm working on something that may generate some posts. I should have some better idea by Sunday.
    May 16, 2015. 04:52 AM | 2 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    My portfolio consists of $STZ $CMG $JAZZ $ECOL, and $ACT.
    No real dividend payers there, but some solid performers. I am down to only 5 positions as I have had so little time to monitor and trade in the Challenge. Among other stocks, I have ACT, ECOL, and STZ in my RLP. I dumped my FTNT at $38.38.
    May 16, 2015. 04:46 AM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    As Goalie, I'm here to block shots at penny stocks. I don't even look at SEC filings of any stock below ~$10.
    May 16, 2015. 04:33 AM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    Sorry to have been AWOL so much. Even my Challenge Account is showing my neglect. I fell about 2 weeks ago, and was bedridden for about a week. Today is the first day that I have been able to walk from my bedroom to my computer room without significant pain. I hope to be able to be more active by next week if I can get my other commitments met.
    Until then, trading in my Challenge Account is the very LAST thing on my agenda.
    May 13, 2015. 05:18 PM | 2 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 119 [View instapost]
    The biggest risk in investing in China IMO is that it is very hard to trust what they say-good or bad. My most recent investment in China in the Challenge cost me like 6K. It was an internet company that had 60% fewer subscribers than they claimed.
    May 13, 2015. 05:04 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    I subscribe to 2 security sites. One is TheRegister.UK and the other is part of DSLReports.com and both rate McAfee much higher for the average computer user than Norton.
    Of course, Corporate users need more than generic security programs.
    May 13, 2015. 03:58 PM | 1 Like Like |Link to Comment
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