doubleguns

Wall Street Breakfast: Must-Know News

"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?

The Case for Precious Metals Is Only Getting Stronger

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.

The Case for Precious Metals Is Only Getting Stronger

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".

The Case for Precious Metals Is Only Getting Stronger

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.

The Case for Precious Metals Is Only Getting Stronger

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.

Wall Street Breakfast: Must-Know News

"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."

Massive Options Trade Signals Gold Miners (GDX) Is Set to Glitter

Once we have failue at the treasury bond offerings PM will surge too.

Wall Street Breakfast: Must-Know News

Are the anal cysts in collusion to fool us into thinking this is a great market and we should all buy, buy, buy?

Does seem to have problems passing the smell test.

Roger Wiegand: After Bitter Winter, Brace for Spring Meltdown

P/E ratio of 7 seems like that would be THE event to make dow/gold equal.

I cant afford a cane wooping like that seems this (hopeful) ralley will be an opportunity to get out at a better price and load up on more gold.

God help us if it goes there. Jobs will be shead like leaves in the fall.

Check your job security!!

Why Gold Miners Aren't Glittering

The miners lag the metal. The metal is just getting started in herky jerky moves once established as a new bull you can count on the miners.