Buffett Gets 'Comeuppance' After Gold Outperforms [View article]
Gold and silver will by FAR outperform the stock matket in 2009-2012-you watch, not even a question with the US collapse of the dollar thanks to Oscumba printing so much loot!
Stocks Will Fall 37% or Gold Will Rally 60% [View article]
Gold would fly if the media started being truthful and calling Obama to the mat! They will not becuase they would then be labeled racist-lol. Our country is SOOOOOO SCREWED!
Natural gas used in cars and trucks is 20 years old! This article is absolutely irresponsible at best and ignorant. These were in Pittsburgh, PA back in the mid 1970's in fact-I saw them myself and driven by Columbia Gas employees and last I saw were still being used. They were also used by the local governments near Bethel Park, PA in the 80's and 90's. Idiotic article....
As the Dollar Continues to Collapse, Where Will You Put Your Money? [View article]
For disclosure I hold SLW (Silver stock), AGQ (double silver ETF), PTR (Chinese Oil Co.). I had a position in TBT, but sold it within the massive Fed buying which is a manipulated circle jerk. Why ETF's instead of actual silver was asked is this-as silver goes up (and gold for this equation) and the dollar of a value goes down, when you do cash it out you will get equal value so X silver for Y dollar now will get you X silver for 10Y dollar when you cash. For a person like me with $250K in silver, and ETF is a lot easier. If you think society will just completely collapse, forget gold and silver and store lots of ammo, food, water, et cetera and trust me I do NOT think that is a bad idea! I think silver has a lot more upside than gold and if you chart it out, you will quickly see why plus silver has a lot more practical uses over gold in industry. Let's hope we are all wrong and just paranoid, but sadly as a Wharton School Alumni, I fear very bad things ahead that are nearly unspeakable.
I concur, silver is going to skyrocket and for good reason. The industrial play is weak, but even in a bull it will be used, but as a bear and the loss of value for the US Dollar imminent (Thanks Obama you idiot), it will play a HUGE hedge as will gold.
Cramer's Mad Money - What Does Big Money Know? (3/27/09) [View article]
I saw him say buy BAC 2 weeks ago @ $6 a share, then 3-4 days later he said it was a dog and to sell it. I was in about $300K and was like WTF when I heard him change direction, but held and sold at $7.14 after buying around $5.5-$6 a share :-) Nobody is perfect and I enjoy watching him, he is quite bright, but each and everyone of us makes a ton of bad calls. The thing is to try and br right over 50% of the time-ha.
Big Banks: Pulling Off the Ultimate Bait and Switch [View article]
I am very long of BOA, the limited put activity is to protect against a pull back, but this company will shoot ahead and I think the rally will be here with a 50+% gain in 30- days on BOA, Citi maybe 25%, but Citi is not my gig and weaker IMHOP than BOA. AIG brand equity is ZERO, so I would not even trade that. BOA I am long and into very very deep but no regrets as they are working the government and the system in a manner that is conducive to shareholder value!
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Latest | Highest ratedWhy I Would Sell Platinum and Buy Palladium [View article]
Silver Backwardation Ends [View article]
Bank of America's Atrocious Choice for Chief Risk Officer [View article]
Buffett Gets 'Comeuppance' After Gold Outperforms [View article]
Stocks Will Fall 37% or Gold Will Rally 60% [View article]
owns: SLW, AGQ, PTR, AA and C
'Problem Banks' Soar as FDIC Tries to Ignore Problem [View article]
Gas/Oil Ratio: Flashing an Extreme [View article]
As the Dollar Continues to Collapse, Where Will You Put Your Money? [View article]
Bespoke's Commodity Snapshot (5/21/09) [View article]
Why It Might Be Time to Go Long Nvidia Corp. [View article]
Overbought and a Little Less Bearish [View article]
Cramer's Mad Money - What Does Big Money Know? (3/27/09) [View article]
Cramer's Mad Money - What Does Big Money Know? (3/27/09) [View article]
Big Banks: Pulling Off the Ultimate Bait and Switch [View article]
12 Attractive Companies That Also Pay a Dividend [View article]