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drbob66 » Comments » AUY

  • Silver Prices Are About to Fall [View article]
    "based on charts I've examined, the way I see things, silver prices could temporarily fall to $11 per troy, again, or even lower, before March 2010. "

    Well, according to MY chart analysis, silver may pull back to around $14.50 (NOT $11)...and then continue upward to $20. Sure, I could trade around that and attempt to avoid a maybe 10-15% decline in paper gains...but instead I think I'll take the opportunity to ADD to my silver position on weakness.

    "Prognostications as to exact prices, of course, are seldom accurate."

    At least you got that part right. Still, I say silver will hit $20 before it sees $11.
    Nov 06 22:41 pm |Rating: +3 0 |Link to Comment
  • Where the Big Money Is Betting Big [View article]
    Ha, I bought a little XOMA at 41 and 64 cents, and it's quite a volatile little stock. Seems to be a good trading vehicle, but the fundamental story is still unclear at this point. Could be improving, but then again, maybe not. Still, it's trading at $0.83 currently, so I'm up about 60% on this little speculative bet. Who knows, maybe someday they'll achieve the goal of consistent profitability. After all, they've been a public company for more than twenty years...how much longer could an investor have to wait, right?


    On May 15 11:20 PM Northstar10000 wrote:

    > Try
    > XOMA it has been trading hugh volume. average volume about 1 million
    > per day. today 41 million !
    May 17 08:29 am |Rating: 0 -4 |Link to Comment
  • Are We More Like 1932 - or 1923? [View article]
    "Only gold will play its traditional role as a protector of savings against inflationary onslaught...gold prices are likely to shoot much higher, perhaps beyond their 1980 peak of $2,300 in today’s dollars."

    Funny, I've been holding a few percent of my portfolio in GLD for over 6 mos. now, and it's done essentially nothing. Has it protected the value of my money? Yeah, I guess...but it hasn't GROWN it. Oddly enough, those shares of BAC and WFC that I bought in early March have performed MUCH better.

    I keep reading posts here suggesting that gold is worth >$2000 ("in today's dollars")...yet it's trading right now for about $860. Go figure.
    Apr 10 13:22 pm |Rating: +2 0 |Link to Comment
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