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doubleguns » Comments » ABX

  • Silver Prices Are About to Fall [View article]
    Rumors of a collapse of the dollar carry trade are starting and that will cause exactly what this article says. I love silver but if this starts to happen I suggest stops in your paper silver and wait patiently with an eagerness to back the truck up.

    Sometimes wishes do come true.

    Short term possibility, but long haul silver on a tear.
    Nov 05 12:27 pm |Rating: +13 -4 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Mutual funds - including those run by T. Rowe Price (TROW) and BlackRock (BLK) - are using Fed financing to reap 15%-plus returns"

    "in essence shifting most of the potential losses to the government. In the words of one fund manager: "This is one of those opportunities that, as an investor, we have to take advantage of."

    Am I the only one that sees a bunch of crooks here?
    Oct 29 08:48 am |Rating: +12 0 |Link to Comment
  • Silver Wheaton: Growth Coming from Every Direction [View article]
    I like the way you think. At an average price of $4 an oz with a 1% inflation adjuster they should make money if silver gets gutted. I don't think that is going to happen but all the same it means they shold make money and lots of it.
    Oct 19 16:48 pm |Rating: +9 0 |Link to Comment
  • The Case for Precious Metals Is Only Getting Stronger [View article]
    Anyone with physical will have considered this and have taken responsible actions. Lead is often the part of the equation many people leave out.

    1 or 2 boxes of lead will only attract attention as you deplete it rather quickly. You must think bigger.


    On Sep 21 11:58 AM SAS70 wrote:

    > Double-
    > If we enter into a protracted caveman status then you probably have
    > been (lucky) enough to survive a nuclear war. I believe lead would
    > be the commodity of choice at that point. I'm not arguing golds rise
    > just not sure how well it shoots.
    Sep 21 15:15 pm |Rating: +5 0 |Link to Comment
  • The Case for Precious Metals Is Only Getting Stronger [View article]
    See comment to merrigolden. Answer is the same.


    On Sep 21 02:25 PM tuj wrote:

    > "You must be assuming we go back to caveman status and remain there."
    >
    >
    > So why take physical delivery? If its an "investment" then why not
    > remain financial? Unless you believe the financial system will collapse,
    > which would probably be akin to "caveman status".
    Sep 21 15:12 pm |Rating: +5 0 |Link to Comment
  • The Case for Precious Metals Is Only Getting Stronger [View article]
    My physical bullion is an insurance policy for an event that could occur like a collapse in the fiat currency. It is not likely but it is getting more likely by the minute as Ben and Timmy keep the presses rolling. Many other events could cause this also and I do not have a crystal ball to tell you what they are. If you have car, home, life ect... insurance than you understand what physical metal is for. You should not sell your physical. You may need to "spend" it.

    Play with the miners, ETF's or any paper metal to make money.

    Do not play with physical to make money. That you keep and pass on to your children as an inheritace. Somewhere along the way it WILL be needed. Consider it LIFE insurance that YOU may actually get to spend yourself some day. Hopefully you dont!!!






    On Sep 21 12:57 PM Merigolden wrote:

    > Doubleguns, in your opinion, what is the most advantageous way to
    > sell physical bullion? Thanks for your comment.
    Sep 21 15:09 pm |Rating: +5 0 |Link to Comment
  • The Case for Precious Metals Is Only Getting Stronger [View article]
    You must be assuming we go back to caveman status and remain there. Piling dollars in the bunker assumes we still have a fiat currency during cavemen days, food/water good, dollar not good. Unless you need toilet paper and even then its not very practical. Better to stock the real stuff, wipes much better.

    Selling at a retailer, for those that dumb, implies you are not educated in investing in gold for the purpose of making money. I would advise you get educated since this is one of the very few investments that has made money in the last 10 years.

    On Sep 21 10:16 AM tuj wrote:

    > What the heck are you going to do with physical gold? Ultimately
    > you'll have to take it to a retailer and lose premium on it. Now
    > if you think all the banks are going to collapse and so is the USD,
    > you should put your money in a bunker and stockpile food and water
    > rather than gold. If the apocalypse happens, I don't think anyone
    > will care about your gold coins when they are hungry, thirsty, and
    > need petrol. Or at least have some smelting equipment so you can
    > make new denominations.
    Sep 21 11:24 am |Rating: +11 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I for one will never buy a GM or Chrysler EVER if they fail to pay me back and if they don't pay us back I hope they fail again and no one bails them out next time.
    Sep 09 08:24 am |Rating: +11 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "defer [payment of] the money owed to a later time when, hopefully, home values have improved."

    This sounds like if values don't rise you dont make payments. I am sure that would prevent forclosures but at what cost. I dont mind to defer the payments but it has to be some reasonable period of time not "when the home values have improved."
    Jul 30 08:03 am |Rating: +3 -3 |Link to Comment
  • Unlocking the Money Matrix: Gold Price Suppression [View article]
    If the lease rates of 12,000 to 15,000 are accurate then the central banks only have 14,000 to 17,000 metric tons left. Thats a 50% drop in 20 years.

    At this rate in 20 yrs they will have NO gold left and the manipulation will be over. I would assume that they have halved thier power to manipulate gold over this period of time also since they have much less gold to lease.One can only assume they will not go to zero so the truth is they have significantly reduced their power to suppress gold prices even more than 50%. With countries like China and Russia trying to buy gold the power to manipulate seems even more limited.

    The end game appears fairly close if these numbers are correct.
    Jul 14 10:03 am |Rating: +5 -1 |Link to Comment
  • Will Gold Continue to Shine? A Bullish Option Strategy [View article]
    I have no problems being corrected. My thoughts were if gold prices go down the option is worthless.

    Physical asset is still worth something.

    If I am not getting it PLEASE let me know because ignorance can only be fixed through education. I got tired of being ignorant a long time ago but still find that I am still ignorant at times and it has cost me money.

    I am really, really trying to avoid any more of that right now.
    May 13 15:58 pm |Rating: 0 0 |Link to Comment
  • Will Gold Continue to Shine? A Bullish Option Strategy [View article]
    Whippet, my concern is if things don't go well and we depress for some time. That play will lose everything for someone in it. PM's will just go down/up/sideways who knows but will not become worthless. For an educated investor its fine to play but some poor wit is going to follow this lead and get killed.

    Thats why I wanted to point out the down side so they had ALL the information.

    We never know what our comments might do to some NEW inexperienced/incompetent investor out there that has been crushed and is looking for a quick fix to get whole again and just looks at potential return without understanding risk.

    For you, me and a lot of others out there this is a game we can afford to play since we have PHYSICAL assets too.

    I like your LEAPS12 idea better. That additional time I believe will be needed.
    May 13 10:26 am |Rating: +3 0 |Link to Comment
  • Will Gold Continue to Shine? A Bullish Option Strategy [View article]
    This is like banks buying derivatives. Too complicated for most to get it right and it risks becoming worthless. If option #1 never gets to $113.70 you loose everything.

    Physical asset might go down but will almost never become worthless.
    May 13 09:29 am |Rating: +7 -1 |Link to Comment
  • Massive Options Trade Signals Gold Miners (GDX) Is Set to Glitter [View article]
    Once we have failue at the treasury bond offerings PM will surge too.
    May 05 16:22 pm |Rating: +2 0 |Link to Comment
  • Why Gold Is Losing Its Shine [View article]
    Danny are you from CNBC.
    May 04 15:16 pm |Rating: +4 -2 |Link to Comment
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