yellowhoard

yellowhoard
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  • Still Searching for Rock Bottom in Markets  [View article]
    We were told by Mr. Obama that we were on the edge of econmic catastrophy. We need to shut up and vote for the stimulus bill without even reading it. Now that we rushed a vote, he is waiting until tomorrow to sign it.

    Unbelievable!
    Feb 16, 2009. 01:56 PM | 1 Like Like |Link to Comment
  • Will Silver Now Outperform Gold?  [View article]
    Although I agree with the general tone of the article, technically, I'm looking for a pullback to $11.60 over the next few weeks.
    Feb 16, 2009. 12:22 PM | 3 Likes Like |Link to Comment
  • Moody's, S&P Dole Out Global Downgrades - Time to Go Gold?  [View article]
    I like RY. Although I'm not sure that now is the time to invest. If the S&P sells below 740, I believe it will continue to 600. At 600 I will probably buy half of my position and then wait and see. I believe it is likely that the S&P will bottom at around 400. At that point I will fiill my position.


    On Feb 15 07:19 PM 2banana wrote:

    > Which Canadian Banks do you like???
    Feb 16, 2009. 12:13 PM | 2 Likes Like |Link to Comment
  • Gold: Now Demonstrating Trust in Obama  [View article]
    Google coin dealers and the name of your town. Some will post daily prices online. Contact the oldest dealers first. If they have been passing bogus coins, they would not get away with it for long. Government issued coins are your safest bet. Good luck!


    On Feb 16 10:58 AM tdillian wrote:

    > great article...
    >
    > I have a question to more of experts on this board...... how can
    > one buy gold? I mean physical gold?
    >
    > b/c I have heard its better to buy physical gold than just on paper
    > thru GLD... any opinions on this?
    >
    > and if I wanted to buy physical gold, where I can do so, and how
    > can I get a gurantee that its real??
    >
    > any advise would be greatly appreciated. thanks.
    Feb 16, 2009. 11:48 AM | 2 Likes Like |Link to Comment
  • Gold: Now Demonstrating Trust in Obama  [View article]
    I hear this comment all the time. "you can't buy your groceries with gold".

    You're right. You'd probably have to drive one of your silver or gold coins to the coinshop and convert it to cash. Then you would have a small amount of cash from that particular point in time to go about your life.

    Nobody is saying that physical metal will replace some type of paper currency. It will just hold it's value until you need paper currency.


    On Feb 16 09:13 AM taojones wrote:

    > As a manufacturing jeweler i have seen these gold prices in the 70's
    > an i saw what happens when everybody decides to dump. the fact is
    > that you can't pay your grocery bill with a dwt of your gold stash.
    > it is a fools paradise to hold a handful of shiny metal and think
    > your any richer than the fools who thought their 200 thousand dollar
    > house was worth a million.
    > The high prices of gold are ruining my industry and i caution you
    > with the one axiom that has based my trade for 5000 years "gold (
    > or diamonds) are only worth what the next guy will pay for it !"
    >
    > guys like this author are basically saying "we can play musical chairs
    > forever the music will never stop" and the banks said "the price
    > of real estate will never go down because they are not making any
    > more land" Get serious! the reason i think the gold price went up
    > in the first place was the arabs who were raping us on the oil price
    > ( (a bid of 10 cents on a contract ups the delivery price 500% )needed
    > a place to park the cash because they knew they would crash the economy
    > . but that damage is done.the new deal starts now . they will be
    > selling gold soon because there are real estate bargains to be had.
    > watch out when the liquidation begins, does the name Bunker Hunt
    > ring a bell?
    Feb 16, 2009. 09:48 AM | 10 Likes Like |Link to Comment
  • Canada vs. U.S. - Whose Banks Are Safer?  [View article]
    Long Royal Bank Canada/Short JP Morgan
    Feb 15, 2009. 04:50 PM | 3 Likes Like |Link to Comment
  • Top 10 Energy Stocks and an Overlooked Power Fund  [View article]
    The government in Canada really betrayed their constituency when they pulled the October surprise years back. I suspect that the US government will do the same as they look for fresh cash to feed the beast. Watch out MLP's.
    Feb 15, 2009. 04:42 PM | 5 Likes Like |Link to Comment
  • Yield for Yield's Sake: Picks and Pans  [View article]
    Oh yeah! Gomez was also a big owner of Consolidated Sludge.
    Feb 15, 2009. 04:28 PM | 1 Like Like |Link to Comment
  • Yield for Yield's Sake: Picks and Pans  [View article]
    The Fed seems to be committed to monetizing debt and holding down rates. Only god knows what the "real" rate on a 30 year bond is.
    Feb 15, 2009. 04:27 PM | 1 Like Like |Link to Comment
  • Does Wind Power Produce More Carbon Emissions than Coal?  [View article]
    Between bovine flatulance and Al Gores hot air, I think we're all doomed to longer growing seasons.
    Feb 15, 2009. 04:19 PM | 3 Likes Like |Link to Comment
  • The Amazing Dollar-Gold Relationship  [View article]
    Do you know the definition of a line?

    Too cryptic for me bro.


    On Feb 15 12:57 PM paultaut wrote:

    > Yellow: By your reasoning, if Gold drops so does the USD.
    >
    > Also, All of the Gold "ever" mined is valued around $4 Trillion.
    > This is New money chasing gold and it is not confined to USD Debt
    > purchases.
    >
    > As a hedge against the USD's drop with all of the Billions auctioned
    > off last week, Gold should have spiked above $1,000. It should do
    > so next week at the latest when the Stimulus Package is passed into
    > Law just at the prospect of the Trillion to be spent.
    >
    > Do you know the Definition of a line? How would you go about Monetizing
    > a line?
    Feb 15, 2009. 03:59 PM | 1 Like Like |Link to Comment
  • Moody's, S&P Dole Out Global Downgrades - Time to Go Gold?  [View article]
    I've been looking into Canadian Banks as a safe haven. They are, for the most part, among the strongest in the world. With 7 to 8% dividend yields, they may be safer than US treasuries.
    Feb 15, 2009. 03:28 PM | 3 Likes Like |Link to Comment
  • The WSJ Is Right - U.S. Should Return to a Gold Standard  [View article]
    Throughout the novel, people mutter "who is John Galt" as the world melts down around them.

    I'm just raising awareness.


    On Feb 15 01:11 PM paultaut wrote:

    > Yellow: For a person who considers himself to be well read, you seem
    > to have had a very narrow exposure to Well Known Authors.
    >
    > Ayn Rand, Atlas Shrugged, John Galt principle character.
    >
    Feb 15, 2009. 01:56 PM | 2 Likes Like |Link to Comment
  • The Amazing Dollar-Gold Relationship  [View article]
    Possibly yes. If the Europeans suddenly decided tomorrow that everything was peachy, they might sell dollars and gold and reinvest in European markets. This would lower the dollar and gold.


    On Feb 15 12:57 PM paultaut wrote:

    > Yellow: By your reasoning, if Gold drops so does the USD.
    >
    > Also, All of the Gold "ever" mined is valued around $4 Trillion.
    > This is New money chasing gold and it is not confined to USD Debt
    > purchases.
    >
    > As a hedge against the USD's drop with all of the Billions auctioned
    > off last week, Gold should have spiked above $1,000. It should do
    > so next week at the latest when the Stimulus Package is passed into
    > Law just at the prospect of the Trillion to be spent.
    >
    > Do you know the Definition of a line? How would you go about Monetizing
    > a line?
    Feb 15, 2009. 01:16 PM | Likes Like |Link to Comment
  • The WSJ Is Right - U.S. Should Return to a Gold Standard  [View article]
    Who is John Galt?
    Feb 15, 2009. 12:51 PM | 2 Likes Like |Link to Comment
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