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fb101
Administrator
USA
2856 Posts |
 Posted - 06/08/2010 : 08:47:14
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Gold trades at $1,244.80, tops May 12 record
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These "tricks" always work... until they don't.
My comments; Watching the way the PMs are jerking around in here is a bit nerve wracking. But there's a story to be told and it goes like this. When you see volatility like this it usually precedes a significant move, most of the time on the downside. I personally am not convinced that [the downside] will be the case this time, but I am convinced there will be a significant move in price soon, and I mean either 800 or 1500. I think most of us are right in the middle... not positioned well enough for either.
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 06/08/2010 : 22:15:49
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quote:
Originally posted by beauanderos
Unfortunately I sold all my DGP back when gold was about 1215. Held onto my miners but they still haven't got back to the point of being profitable yet after their initial purchase in Spring 08. The miners aren't doing as well as bullion 
Your old a$$ should not be speculating like that?
You need to pay off your mortgage, buy life insurance and annuities.
Think tax-exempt municipal bonds. The end is near. The way your posts suggest, your thinking 10 years out.
You need to think t-bills, social security, maybe some long term care insurance.
Edit: Green bananas might also be risky. Please be careful! |
Come to the new and improved realcent: http://realcent.org
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Edited by - thogey on 06/08/2010 22:18:05 |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 06/09/2010 : 09:58:41
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quote:
Originally posted by thogey
quote:
Originally posted by beauanderos
Unfortunately I sold all my DGP back when gold was about 1215. Held onto my miners but they still haven't got back to the point of being profitable yet after their initial purchase in Spring 08. The miners aren't doing as well as bullion
Your old a$$ should not be speculating like that?
You need to pay off your mortgage, buy life insurance and annuities.
Think tax-exempt municipal bonds. The end is near. The way your posts suggest, your thinking 10 years out.
You need to think t-bills, social security, maybe some long term care insurance.
Edit: Green bananas might also be risky. Please be careful!
Just for that, Eric, I'm taking you out of my will. All you're gonna get now is a huge case of envy when you read "Fresno man leaves multimillion dollar fortune to state in wake of no heirs"  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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fb101
Administrator
USA
2856 Posts |
Posted - 06/09/2010 : 17:55:36
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| Thanks Thogey, now CA. is saved. |
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rosco
Penny Collector Member
USA
254 Posts |
Posted - 06/10/2010 : 00:03:44
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quote:
Originally posted by beauanderos
Just for that, Eric, I'm taking you out of my will. All you're gonna get now is a huge case of envy when you read "Fresno man leaves multimillion dollar fortune to state in wake of no heirs"
 Come on Beau you must have some Kissen Kin |
Old Geezer a HAND Sorter |
Edited by - rosco on 06/10/2010 00:05:00 |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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Sell in May and Go Away revisited;
Forum Locked
