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ltsgt1

ltsgt1
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  • Freegold: Why Gold Is Not Money [View article]
    We don't have leaders who are confident and competent enough to rid of the exorbitant privilege which is dragging us down. That is why our federal reserve gold is still priced at $35/oz.

    Ferguson is what is happening around the world in a micro version. The dollar is the EBT/welfare card. US military/black ops is the protesting mob and the world is the taxpayer.

    Free gold is not happening until we have a pragmatic and responsible president in the White House or the BRICS Police will have sufficient reenforcement from Germany and France to break up the roving mobs.
    Aug 20 09:12 AM | Likes Like |Link to Comment
  • GLD: Bulls Are Playing A Dangerous Game [View article]
    Fish,

    Ones do need more luck than smart in life. I bought most of my real estates in NYC from 1987 to 2000. I'd no idea they would go up 4x to 8x in 20 years. I bought them because of the positive cash flow which allows 3-5% return on the initial down payment but I never expected the price would skyrocket. If I lived in Detroit, the same strategy would likely put me in a cardboard box rather than a comfortable retirement.

    I concur we should put fear aside, try to enjoy life and continue to be as lucky as we have been.
    Aug 19 10:27 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: eBay Payments Unit Mulls Accepting Bitcoin [View article]
    I guess you didn't see my video link. Something had been done to address the problem of sexism/racism that existed. Deny it as much as you would like to but forcing a square peg in a round hole has consequences.

    http://bit.ly/1oAYgeW

    First, I was mad at the laughing jackass. Then, I was mad at the two cops??? At the end, I was mad at the ones who feel that something had to be done to address the problem of REAL sexism/racism that existed in that institution.
    Aug 15 05:04 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: eBay Payments Unit Mulls Accepting Bitcoin [View article]
    "Please explain how you, the white male -- were so victimized over the course of your life"

    Even though I'm a believer of the liberal mantra "Diversity makes us stronger", I think the twisted liberal interpretation of diversity makes us much weaker. To the liberals, diversity is mixing people of various intelligences and capabilities together by force and hope for the best. Conservatives see diversity as people of various intelligences and backgrounds come together out of necessity and merit which would likely increase the odd of success.

    Liberals demand equal outcome regardless of merits. That ideology hurts not only motivated caucasians but motivated minorities who want to move up the ladder through hard work. Here in NYC, asians students consist of over 40% of student population in the 3 top specialized high schools. Mayor DiBlasio, a typical liberal democrat, is a slicker when he complained about the unjust of the absent of black and Hispanic students (rather saying minority which would invalidate his argument) in these top schools.

    I think the liberals are the real racists in the closet. They make assumption that minorities are inferior than caucasians. When the facts disagree with their would view, they just change the narrative. The truth is that not only white male are victimized by this insanity. Directly or indirectly, we are all victimized by this moronic credo including the ones whom were supposedly benefited.

    http://bit.ly/1oAYgeW
    Aug 15 01:21 PM | 6 Likes Like |Link to Comment
  • Flagship Gold ETF's Holdings Set To Surge As Stock Traders Return [View article]
    If you read between the lines, mining stocks/gold price has to be suppressed in order for GLD to replenish its physical gold, reload for future smack down, which has gone eastward.

    It'd be icing on the cake if miners initiate hedges at $1300 capping price at barely above extraction cost for future supply.
    Aug 10 11:51 AM | 1 Like Like |Link to Comment
  • Allied Nevada Is A Sell Following Q2 Financial Results [View article]
    With 13M in liquidity, ANV can't spend on capex even if they wanted to.
    Aug 10 10:05 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Record Bond And ETF Outflows Continue [View article]
    gggl,

    If Iraq were to sell whatever oil they still have in ruble or yuan, the dam will get blown sky high.
    Aug 9 07:23 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Record Bond And ETF Outflows Continue [View article]
    2harddrive,

    We really don't have much to be proud of since Reagan. However, this Obama really surpasses all the losers we had previously.
    Aug 9 07:19 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Record Bond And ETF Outflows Continue [View article]
    A serious president fight or avert war with strong military and decisive actions, a food stamp president drops free bacons, take a vacation and hope for the best.
    Aug 9 07:08 PM | Likes Like |Link to Comment
  • Update: Allied Nevada Gold Reports A 51% Increase In Production [View article]
    ANV's balance sheet on cash is at $15.16M with over 400 employees. I don't think this company can make it pass 2015 if gold price doesn't break above $1400 soon. The fact that the top two executives are still drawing huge salaries is pissing me off. Potential for ANV is dwindling.

    Any encouraging news?
    Aug 9 08:46 AM | Likes Like |Link to Comment
  • 8 Indicators That Tell Us Where Gold Might Go Next [View article]
    I started at $800 too and went all in 25% at $1050. Right now, I'm at around 21%, sold some at $1800 and a little wealthier than 5 years ago. Like you! I am waiting for the smack down to make up the difference.

    Are you going to start cost averaging in at around $1200 or are you waiting to buy at $1100? It's really hard to not get over anxious with all the bad news popping up all over the world.
    Aug 3 11:41 AM | Likes Like |Link to Comment
  • Gold's Advance Is Being Capped By The Dead Cat Dollar's Recovery [View article]
    One of the major benefits of owning physical is the difficulty to flip-flop on physical metals. I always sell my winning stocks, SWC, UPL, ARLP, SDRL, CNX early and get stuck with the losers, ACI, BTU, ANV and NEM.

    Physical is neither a winner nor a loser, it's an insurance.
    Aug 3 11:12 AM | Likes Like |Link to Comment
  • Gold's Advance Is Being Capped By The Dead Cat Dollar's Recovery [View article]
    All goldbugs are waiting for the dam to break but most are keeping their fingers cross that it won't.

    If the dam break, my real estates, stocks and cash will take a beaten. I'd probably only break even if the gold price were triple with the inconvenience of disruptions in foods, incomes and unimaginable miseries.
    Aug 3 10:51 AM | Likes Like |Link to Comment
  • The Day I Sold Everything: Questions Answered [View article]
    What market? The legalized Ponzi market.
    Jul 28 11:51 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Saudi Stock Market, Apple Orders, Chipmaker News [View article]
    Wyostocks,

    I know how Michael Moore defines rich. The top 1% are rich but not the top 0.1%. That is how he rationalizes that he could go after the greedy 1% on behalf of the 99% even thought he is the 0.1% - 50 millions or 25 millions now after the divorce.

    There are many hypocrites like Moore in the Democratic Party; Al Gore, Nancy Pelosi, Harry Reid, Bernie Sanders, Barack Obama, Bill and Hillary Clinton just off the top of my head.

    To me, the upper middle class is the 1%. These uber rich leftists put mud on their faces, blending into the 99%, to reap benefit from the chaos and then disappear in their sail boats when the 99.9% burn.
    Jul 23 08:53 PM | 1 Like Like |Link to Comment
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