chux08's Comments chux08's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/233148/comments UUP Runs Out of Shares: Unlikely Anything Illegal Took Place http://seekingalpha.com/article/172156-uup-runs-out-of-shares-unlikely-anything-illegal-took-place?source=feed#comment-756627 756627
“Paper money eventually returns to its intrinsic value ---- zero.” - Voltaire 1694 - 1778

Got gold??]]>
Thu, 12 Nov 2009 03:47:32 -0500
“Paper money eventually returns to its intrinsic value ---- zero.” - Voltaire 1694 - 1778

Got gold??]]>
Well-Timed Launch for New Junior Gold ETF http://seekingalpha.com/article/172810-well-timed-launch-for-new-junior-gold-etf?source=feed#comment-756621 756621

Hmmmm.....flying?? They aren't even close nor have you seen anything yet. This is just the warm up....]]>
Thu, 12 Nov 2009 03:33:35 -0500

Hmmmm.....flying?? They aren't even close nor have you seen anything yet. This is just the warm up....]]>
Sizing Up the New Junior Gold Miners Fund http://seekingalpha.com/article/172751-sizing-up-the-new-junior-gold-miners-fund?source=feed#comment-756612 756612 Thu, 12 Nov 2009 03:18:31 -0500 Silver 'Misbehaves' in Recent Rally: Time to Buy http://seekingalpha.com/article/172164-silver-misbehaves-in-recent-rally-time-to-buy?source=feed#comment-753437 753437 europac.net I've had a retirement account there for a couple of years now and I couldn't be more happy with how they've managed it. I would call them and inquire about what they recommend for your exact situation and comfort level as everyone's different and I'm sure they'd have several viable options for you to get out of the dollar and do more to protect your wealth. Unlike your son in-law, they'll do EXACTLY what you tell them should you be a knowledgeable investor or they can actively manage your account too if that's what you desire. They have done an outstanding job in managing that retirement account of mine and I would recommend them to anyone, with a BIG thumbs up!!
Good luck!

europac.net/videom...

On Nov 09 11:59 AM GoldLovingTurtle wrote:

> I have had to fight my son-inlaw (who works for a big financial company
> whom I won't name) to get my saving into gold and silver. He has
> reluctanly put me in gld & sld (i think). I beleive after reading
> your articles most of the people in these organzations are out for
> themsevles and their own pocket books. I beleive my son-in-law now
> falls into that category and am looking to run from him and his compnay
> as fast as I can. Who can I trust to manage my savings and retirement
> and get me in the the physical ownership instead of the paper farce
> he currently has me in?
>
> Thanks
>
> GoldLovingTurtle]]>
Tue, 10 Nov 2009 02:56:27 -0500 europac.net I've had a retirement account there for a couple of years now and I couldn't be more happy with how they've managed it. I would call them and inquire about what they recommend for your exact situation and comfort level as everyone's different and I'm sure they'd have several viable options for you to get out of the dollar and do more to protect your wealth. Unlike your son in-law, they'll do EXACTLY what you tell them should you be a knowledgeable investor or they can actively manage your account too if that's what you desire. They have done an outstanding job in managing that retirement account of mine and I would recommend them to anyone, with a BIG thumbs up!!
Good luck!

europac.net/videom...

On Nov 09 11:59 AM GoldLovingTurtle wrote:

> I have had to fight my son-inlaw (who works for a big financial company
> whom I won't name) to get my saving into gold and silver. He has
> reluctanly put me in gld & sld (i think). I beleive after reading
> your articles most of the people in these organzations are out for
> themsevles and their own pocket books. I beleive my son-in-law now
> falls into that category and am looking to run from him and his compnay
> as fast as I can. Who can I trust to manage my savings and retirement
> and get me in the the physical ownership instead of the paper farce
> he currently has me in?
>
> Thanks
>
> GoldLovingTurtle]]>
What's Shaping Gold Price http://seekingalpha.com/article/172092-what-s-shaping-gold-price?source=feed#comment-751988 751988
Would that be the gold they say they have or would that be the gold that they're supposed to have?? It's long past time to be using (GTU) instead of (GLD) and doing the same thing with (CEF) and dump your (SLV). Retail buyers (or anyone else, really) can't buy in
"large quantities" but the price of gold rises and GLD supposedly has no problem securing a couple of million ounces or so to....balance it's books?? Hmmm.....O.K. sure. If they say so. Do I know for sure? No more than the next guy. But with....doubts like that, do I really need to??
GLD & SLV = paper gold & paper silver. That I do know....]]>
Mon, 09 Nov 2009 04:14:26 -0500
Would that be the gold they say they have or would that be the gold that they're supposed to have?? It's long past time to be using (GTU) instead of (GLD) and doing the same thing with (CEF) and dump your (SLV). Retail buyers (or anyone else, really) can't buy in
"large quantities" but the price of gold rises and GLD supposedly has no problem securing a couple of million ounces or so to....balance it's books?? Hmmm.....O.K. sure. If they say so. Do I know for sure? No more than the next guy. But with....doubts like that, do I really need to??
GLD & SLV = paper gold & paper silver. That I do know....]]>
Elliot Wave: The Dollar Is Set for a Major Rally http://seekingalpha.com/article/171973-elliot-wave-the-dollar-is-set-for-a-major-rally?source=feed#comment-751985 751985 Mon, 09 Nov 2009 03:57:33 -0500 Gold Transforming into a Completely Demonetized Wealth Asset http://seekingalpha.com/article/171741-gold-transforming-into-a-completely-demonetized-wealth-asset?source=feed#comment-749455 749455
"Gold is the world's lowest risk investment. Gold has the lowest risk and perhaps the most reward".

And who says that??

Stewart Thomson from gracelandupdates.com]]>
Sat, 07 Nov 2009 03:27:44 -0500
"Gold is the world's lowest risk investment. Gold has the lowest risk and perhaps the most reward".

And who says that??

Stewart Thomson from gracelandupdates.com]]>
Richard Gray on the Two Real Drivers Behind Gold Price http://seekingalpha.com/article/170413-richard-gray-on-the-two-real-drivers-behind-gold-price?source=feed#comment-739934 739934
That's funny because before today I don't think I ever heard the word. But I was just reading about a historical resource estimate of that very substance at Ucore Uranium's website, where they say they have a 96 million pound resource of niobium (among other heavy REE's) at their Bokan Mountain REE Project in Alaska.
www.ucoreuranium.com/ - just scroll down to see it]]>
Mon, 02 Nov 2009 05:05:04 -0500
That's funny because before today I don't think I ever heard the word. But I was just reading about a historical resource estimate of that very substance at Ucore Uranium's website, where they say they have a 96 million pound resource of niobium (among other heavy REE's) at their Bokan Mountain REE Project in Alaska.
www.ucoreuranium.com/ - just scroll down to see it]]>
Not a Drop to Drink: Three ETFs for Future Global Water Shortages http://seekingalpha.com/article/168444-not-a-drop-to-drink-three-etfs-for-future-global-water-shortages?source=feed#comment-730879 730879 Great article, Joseph!!!]]> Mon, 26 Oct 2009 13:12:27 -0400 Great article, Joseph!!!]]> Chinese Citizens Significantly Increasing Gold and Silver Ownership http://seekingalpha.com/article/168496-chinese-citizens-significantly-increasing-gold-and-silver-ownership?source=feed#comment-730863 730863 Mon, 26 Oct 2009 13:01:30 -0400 David Einhorn on That Barbarous Relic, Gold http://seekingalpha.com/article/168117-david-einhorn-on-that-barbarous-relic-gold?source=feed#comment-726493 726493 Buy some physical gold and/or some shares of mid tier or major gold producers, but do it quick. Don't wait for the herd. Get yourself and your money....ready NOW!! Before the dollar crisis is upon us.]]> Fri, 23 Oct 2009 00:45:09 -0400 Buy some physical gold and/or some shares of mid tier or major gold producers, but do it quick. Don't wait for the herd. Get yourself and your money....ready NOW!! Before the dollar crisis is upon us.]]> Is the Gold Rally Overheated? http://seekingalpha.com/article/168256-is-the-gold-rally-overheated?source=feed#comment-726474 726474 C) recently put its stamp of approval on gold, announcing an increased six- to 12-month estimate for gold prices from $975/ounce to $1,025/ounce. The decision was based on a weakening U.S. dollar, increase in investor demand and diversification of the dollar reserves and portfolios."


Hmmmm.....from one of their own too. No wonder they're going to go bankrupt. The Forces of the Dark-Side over at the FED can't be too happy about this!!! What's next?? Citi selling gold and silver bullion like some two bit bank in Canada??]]>
Fri, 23 Oct 2009 00:23:35 -0400 C) recently put its stamp of approval on gold, announcing an increased six- to 12-month estimate for gold prices from $975/ounce to $1,025/ounce. The decision was based on a weakening U.S. dollar, increase in investor demand and diversification of the dollar reserves and portfolios."


Hmmmm.....from one of their own too. No wonder they're going to go bankrupt. The Forces of the Dark-Side over at the FED can't be too happy about this!!! What's next?? Citi selling gold and silver bullion like some two bit bank in Canada??]]>
Why Are Large Hedge Funds Investing in Gold? http://seekingalpha.com/article/168295-why-are-large-hedge-funds-investing-in-gold?source=feed#comment-726464 726464
After the dollar falls off the cliff....what's left besides gold (PM's) and other commodities?? That's why you want a position in some of these mid tier to major gold producers NOW. Soon as these hedge funds and even the public are frightened out of the dollar (which is looking just kind of scary right now), they'll be looking at getting into gold for the same reason everyone else does. Once the physical market is empty (don't laugh as some of these hedge funds have more dollars/money than the complete gold market is worth) and they start to pile into anything golden, the price of these stocks will SKYROCKET. Don't trade them...just accumulate, hold and enjoy the ride! Right now they, like the Chinese, have to be careful not to buy so much gold that they actually move the price. It wasn't long ago some Chinese Minister of Finance I think said something to the effect that yes, they like gold but they have to buy carefully as every time they do buy, the price goes up. On the other hand with an extensive and ever growing inventory of paper FRN's, they have to be careful there too so they don't get left holding the proverbial (dollar) bag. Oh yes....choices, choices....and everyone has some to make!!]]>
Fri, 23 Oct 2009 00:09:58 -0400
After the dollar falls off the cliff....what's left besides gold (PM's) and other commodities?? That's why you want a position in some of these mid tier to major gold producers NOW. Soon as these hedge funds and even the public are frightened out of the dollar (which is looking just kind of scary right now), they'll be looking at getting into gold for the same reason everyone else does. Once the physical market is empty (don't laugh as some of these hedge funds have more dollars/money than the complete gold market is worth) and they start to pile into anything golden, the price of these stocks will SKYROCKET. Don't trade them...just accumulate, hold and enjoy the ride! Right now they, like the Chinese, have to be careful not to buy so much gold that they actually move the price. It wasn't long ago some Chinese Minister of Finance I think said something to the effect that yes, they like gold but they have to buy carefully as every time they do buy, the price goes up. On the other hand with an extensive and ever growing inventory of paper FRN's, they have to be careful there too so they don't get left holding the proverbial (dollar) bag. Oh yes....choices, choices....and everyone has some to make!!]]>
3 Mining Stocks to Hedge China's Rare Earth Policies http://seekingalpha.com/article/167794-3-mining-stocks-to-hedge-china-s-rare-earth-policies?source=feed#comment-725534 725534
www.ucoreuranium.com/]]>
Thu, 22 Oct 2009 13:47:20 -0400
www.ucoreuranium.com/]]>
Silver Wheaton: Growth Coming from Every Direction http://seekingalpha.com/article/167377-silver-wheaton-growth-coming-from-every-direction?source=feed#comment-723012 723012 AXU) I know Silver Wheaton paid $50 million for 25% of the silver stream from AXU's future silver production at their Bellekeno Project in the northern Yukon, to get that mine into production. This decision is near though not made formally yet but they're fooling nobody by pretending they're still thinking about this. You have enough money now with SLW's....contribution of $50 million dollars to bring one of the richest silver ore deposits (over 60 ounces of silver per ton of rock) anywhere in the world fully into production and these guys are still thinking about this?? Ya right....
It's probably not as large as some of their other royalty earnings but to Alexco, SLW played a key role in helping this company in becoming a highly profitable silver producer.]]>
Wed, 21 Oct 2009 02:20:54 -0400 AXU) I know Silver Wheaton paid $50 million for 25% of the silver stream from AXU's future silver production at their Bellekeno Project in the northern Yukon, to get that mine into production. This decision is near though not made formally yet but they're fooling nobody by pretending they're still thinking about this. You have enough money now with SLW's....contribution of $50 million dollars to bring one of the richest silver ore deposits (over 60 ounces of silver per ton of rock) anywhere in the world fully into production and these guys are still thinking about this?? Ya right....
It's probably not as large as some of their other royalty earnings but to Alexco, SLW played a key role in helping this company in becoming a highly profitable silver producer.]]>
Check Out the Kitco Gold Index http://seekingalpha.com/article/167480-check-out-the-kitco-gold-index?source=feed#comment-722998 722998 Wed, 21 Oct 2009 02:00:00 -0400 GDX: A Catalyst for Junior, Emerging Miners http://seekingalpha.com/article/167485-gdx-a-catalyst-for-junior-emerging-miners?source=feed#comment-722994 722994 Wed, 21 Oct 2009 01:45:15 -0400 Gold's Real Inflation Adjusted High Is $7,150/oz http://seekingalpha.com/article/167512-gold-s-real-inflation-adjusted-high-is-7-150-oz?source=feed#comment-722986 722986 GLD) = paper gold
(SLV) = paper silver

(GTU) = physical gold bullion backed Canadian based shares
(CEF) = physical silver (and gold) bullion backed Canadian based shares

I KNOW which I prefer and it ain't paper posing as real issued by Wall Street....]]>
Wed, 21 Oct 2009 01:21:53 -0400 GLD) = paper gold
(SLV) = paper silver

(GTU) = physical gold bullion backed Canadian based shares
(CEF) = physical silver (and gold) bullion backed Canadian based shares

I KNOW which I prefer and it ain't paper posing as real issued by Wall Street....]]>
The World’s Biggest Gold Reserves http://seekingalpha.com/article/167555-the-worlds-biggest-gold-reserves?source=feed#comment-722975 722975
As for the US gold hoard. Is that the one located in New York or is the hoard located in Ft. Knox the one they're referring to here?? Maybe....this gold has appeared in BOTH places or maybe it's at neither. Only the tooth fairy, Sasquatch, Jimmie Hoffa and Ben Bernanke know for sure and right now none of them seem to be talking.
It's almost pathetic that the Chinese government is recommending that their citizens buy, invest and hold gold and silver bullion, while the crooks at the FED and on Wall Street would have you believe that more of their T.P. (treasury paper but your first impression, toilet paper is more correct) is what Americans need to make them financially....safe. Which leaves me to wonder here who the tyrants in government really are.]]>
Wed, 21 Oct 2009 01:02:15 -0400
As for the US gold hoard. Is that the one located in New York or is the hoard located in Ft. Knox the one they're referring to here?? Maybe....this gold has appeared in BOTH places or maybe it's at neither. Only the tooth fairy, Sasquatch, Jimmie Hoffa and Ben Bernanke know for sure and right now none of them seem to be talking.
It's almost pathetic that the Chinese government is recommending that their citizens buy, invest and hold gold and silver bullion, while the crooks at the FED and on Wall Street would have you believe that more of their T.P. (treasury paper but your first impression, toilet paper is more correct) is what Americans need to make them financially....safe. Which leaves me to wonder here who the tyrants in government really are.]]>
Dow Breaks 10,000 for 26th Time While Gold Shines http://seekingalpha.com/article/167157-dow-breaks-10-000-for-26th-time-while-gold-shines?source=feed#comment-720008 720008
Gold has ALWAYS done exactly what it's supposed to do and that's to preserve your wealth & buying power and it's been doing it for what? 4000+ years now or so??.

In the 30 years he mentions, what has the dollar done? Here it is on the brink of failure just like EVERY OTHER paper currency known to and tried by man. I believe Voltaire (1694-1778) had it right when he said: “Paper money eventually returns to its intrinsic value ---- zero.” And that's the one undeniable truth we can ALL take to the....proverbial bank, Great White included. ]]>
Sun, 18 Oct 2009 21:47:27 -0400
Gold has ALWAYS done exactly what it's supposed to do and that's to preserve your wealth & buying power and it's been doing it for what? 4000+ years now or so??.

In the 30 years he mentions, what has the dollar done? Here it is on the brink of failure just like EVERY OTHER paper currency known to and tried by man. I believe Voltaire (1694-1778) had it right when he said: “Paper money eventually returns to its intrinsic value ---- zero.” And that's the one undeniable truth we can ALL take to the....proverbial bank, Great White included. ]]>
An Interesting Alternative to Gold http://seekingalpha.com/article/165978-an-interesting-alternative-to-gold?source=feed#comment-713551 713551 (GLD) is paper gold and as such is a fraud and a scam. And while it does an adequate job of tracking real gold, that's about all it does.
The alternative of choice is (GTU). Stay away from GLD and (SLV) (which is paper silver) and instead look at GTU and (CEF). Real is real and GLD and SLV are nothing but fictitious financial instruments created to defraud their holders while wrecking their respective PM markets. What junk!!]]>
Tue, 13 Oct 2009 02:53:36 -0400 (GLD) is paper gold and as such is a fraud and a scam. And while it does an adequate job of tracking real gold, that's about all it does.
The alternative of choice is (GTU). Stay away from GLD and (SLV) (which is paper silver) and instead look at GTU and (CEF). Real is real and GLD and SLV are nothing but fictitious financial instruments created to defraud their holders while wrecking their respective PM markets. What junk!!]]>
Rare Earth Metals: Why All the Fuss? http://seekingalpha.com/article/164623-rare-earth-metals-why-all-the-fuss?source=feed#comment-703119 703119
www.ucoreuranium.com/b...]]>
Sun, 04 Oct 2009 22:34:01 -0400
www.ucoreuranium.com/b...]]>
Why Value Investors Should Avoid Gold http://seekingalpha.com/article/164198-why-value-investors-should-avoid-gold?source=feed#comment-698859 698859
It's been pointed out already (and I agree too) that the undeniable truth is: Gold is money...and you forget that at your own peril.]]>
Thu, 01 Oct 2009 15:25:39 -0400
It's been pointed out already (and I agree too) that the undeniable truth is: Gold is money...and you forget that at your own peril.]]>
Gold vs. Currencies: Surprising Outperformance Figures http://seekingalpha.com/article/161154-gold-vs-currencies-surprising-outperformance-figures?source=feed#comment-674075 674075 The Bulgarian lev? The Angolan kwanza? You may as well be talking about dead dinosaurs....which in a way, I guess you are. You can keep your paper mementos. In these times and with the dollar heading for toilet paper status, excuse me while I go and buy either more gold bullion or more producing gold miners and their stocks, so I can at least preserve what these thieving governments haven't yet stolen through their pal and co-conspirator, Mr.Inflation.
Gold, the world's lowest risk investment*. Can you say that about your paper examples?? Hardly....


*Those words belong to Stewart Thomson of Graceland Updates]]>
Sun, 13 Sep 2009 02:34:34 -0400 The Bulgarian lev? The Angolan kwanza? You may as well be talking about dead dinosaurs....which in a way, I guess you are. You can keep your paper mementos. In these times and with the dollar heading for toilet paper status, excuse me while I go and buy either more gold bullion or more producing gold miners and their stocks, so I can at least preserve what these thieving governments haven't yet stolen through their pal and co-conspirator, Mr.Inflation.
Gold, the world's lowest risk investment*. Can you say that about your paper examples?? Hardly....


*Those words belong to Stewart Thomson of Graceland Updates]]>
Hong Kong Recalls Gold Reserves: Why No News Coverage? http://seekingalpha.com/article/159998-hong-kong-recalls-gold-reserves-why-no-news-coverage?source=feed#comment-664697 664697 So anyway, did Germany ever get their gold back??]]> Sun, 06 Sep 2009 21:52:39 -0400 So anyway, did Germany ever get their gold back??]]> New North American Rare Earth Production Could Help Toyota Save GM http://seekingalpha.com/article/139600-new-north-american-rare-earth-production-could-help-toyota-save-gm?source=feed#comment-663557 663557 UURAF) on the Pink Sheets & (UCU) on the Venture Exchange is another REE company worth watching. With their flagship property at Bokan Mountain on Prince of Wales Island in Alaska holding not only 11+ million pounds of uranium but there's also one of the largest combined heavy & light rare earth deposits in North America located there. It closed up about 20% Friday and is well worth a REE investors look & DD. ]]> Sat, 05 Sep 2009 21:57:20 -0400 UURAF) on the Pink Sheets & (UCU) on the Venture Exchange is another REE company worth watching. With their flagship property at Bokan Mountain on Prince of Wales Island in Alaska holding not only 11+ million pounds of uranium but there's also one of the largest combined heavy & light rare earth deposits in North America located there. It closed up about 20% Friday and is well worth a REE investors look & DD. ]]> What's CNBC's Problem with Gold? http://seekingalpha.com/article/153548-what-s-cnbc-s-problem-with-gold?source=feed#comment-619181 619181
FOX Business mentions only the gold price....

And does anyone remember Sue Herera last winter when the DOW was...down saying, "Is THIS the bottom of the market"? Or Larry Kudlow mentioning, "drill, drill, drill" or something about "green shoots" and "mustard seeds". Jeeez
I
It's enough to make a man WANT Prozac....]]>
Fri, 07 Aug 2009 02:30:22 -0400
FOX Business mentions only the gold price....

And does anyone remember Sue Herera last winter when the DOW was...down saying, "Is THIS the bottom of the market"? Or Larry Kudlow mentioning, "drill, drill, drill" or something about "green shoots" and "mustard seeds". Jeeez
I
It's enough to make a man WANT Prozac....]]>
SLV: Is It Solvent? http://seekingalpha.com/article/153971-slv-is-it-solvent?source=feed#comment-619171 619171 CEF) is another alternative. (SIVR) is backed by the real thing too. Once this news hits main street, the inflows into SIVR and CEF from the outflows of SLV could be quite a sight....

Worried about (GLD) too? Then go with (GTU)]]>
Fri, 07 Aug 2009 02:07:36 -0400 CEF) is another alternative. (SIVR) is backed by the real thing too. Once this news hits main street, the inflows into SIVR and CEF from the outflows of SLV could be quite a sight....

Worried about (GLD) too? Then go with (GTU)]]>
Gold and Silver Facing Resistance Levels http://seekingalpha.com/article/154341-gold-and-silver-facing-resistance-levels?source=feed#comment-619165 619165 After all, isn't that what YOU'RE really afraid of?? That YOUR gold is going to go the way of the paper dollar.....ALL THE WAY TO ZERO??
Why go through all of that? Why not let PRICE dictate what YOU are going to do in the way of gold, or silver or any other share of stock or commodity you can think of? That is, when the price of gold is down or falling, consider that a sale. And like your wife's shopping habit of taking advantage of that and buying groceries ON SALE, that's when YOU should be buying gold. Or if you can't wrap your mind around that, why not let your wife start buying the gold too?? And when it starts getting "more valuable" as in it's going up, if you want to make some money, ISN'T THIS WHERE YOU'D WANT TO START SELLING SOME?? As the price is rising??
The problem with a LOT of folks who buy gold is that they throw common sense out the proverbial window and listen to LIFETIME LOSERS in the gold market, CHASE THE PRICE OF GOLD as it rises and then not only lose their nerve at the slightest downturn but then they BAIL on their complete position, assuring more gold market loses for themselves. And more money for those bankers and everyone else (like me) who buys when it's down and sells into strength when it's going up. It's so simple yet so hard (for some, ESPECIALLY when it comes to gold) to pull off. Buy low and sell high....what a concept!!]]>
Fri, 07 Aug 2009 01:49:50 -0400 After all, isn't that what YOU'RE really afraid of?? That YOUR gold is going to go the way of the paper dollar.....ALL THE WAY TO ZERO??
Why go through all of that? Why not let PRICE dictate what YOU are going to do in the way of gold, or silver or any other share of stock or commodity you can think of? That is, when the price of gold is down or falling, consider that a sale. And like your wife's shopping habit of taking advantage of that and buying groceries ON SALE, that's when YOU should be buying gold. Or if you can't wrap your mind around that, why not let your wife start buying the gold too?? And when it starts getting "more valuable" as in it's going up, if you want to make some money, ISN'T THIS WHERE YOU'D WANT TO START SELLING SOME?? As the price is rising??
The problem with a LOT of folks who buy gold is that they throw common sense out the proverbial window and listen to LIFETIME LOSERS in the gold market, CHASE THE PRICE OF GOLD as it rises and then not only lose their nerve at the slightest downturn but then they BAIL on their complete position, assuring more gold market loses for themselves. And more money for those bankers and everyone else (like me) who buys when it's down and sells into strength when it's going up. It's so simple yet so hard (for some, ESPECIALLY when it comes to gold) to pull off. Buy low and sell high....what a concept!!]]>
Will Gold's Mini Rally Hold? http://seekingalpha.com/article/152903-will-gold-s-mini-rally-hold?source=feed#comment-611219 611219
One thing FOR SURE and that's IF gold does go to $680, I'll be there buying all the way down, every $20, and I'll be prepared to buy even more ALL THE WAY TO ZERO. (When has an ounce of gold ever been worth....zero?? Hint: NEVER. According to Stewart Thomson of gracelandupdates.com, gold is the least riskiest investment IN THE WORLD).
But if it goes to $970 (every $40 up) or higher, guess what? I'm a seller into strength and I'm booking profits. PRICE dictates what I'll be doing. Not gold market crystal ball gazers who more often than not lose their nerve (if they ever had any) and bail on their positions at the slightest downturn, as well as their subscribers. If the gold community would just trade gold like the bankers and that's BUYING WEAKNESS and SELLING INTO STRENGTH, they'd beat them at their own game. Till they learn that, it'll soon be crying time again....]]>
Sun, 02 Aug 2009 03:16:06 -0400
One thing FOR SURE and that's IF gold does go to $680, I'll be there buying all the way down, every $20, and I'll be prepared to buy even more ALL THE WAY TO ZERO. (When has an ounce of gold ever been worth....zero?? Hint: NEVER. According to Stewart Thomson of gracelandupdates.com, gold is the least riskiest investment IN THE WORLD).
But if it goes to $970 (every $40 up) or higher, guess what? I'm a seller into strength and I'm booking profits. PRICE dictates what I'll be doing. Not gold market crystal ball gazers who more often than not lose their nerve (if they ever had any) and bail on their positions at the slightest downturn, as well as their subscribers. If the gold community would just trade gold like the bankers and that's BUYING WEAKNESS and SELLING INTO STRENGTH, they'd beat them at their own game. Till they learn that, it'll soon be crying time again....]]>