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Started By
Message
Gold Blows Past $1350, Silver Past $23 In Overnite Trade
Posted on 10/6/10 at 7:07 am
Posted on 10/6/10 at 7:07 am
The US is still the leader in ONE THING...The Fed has the fastest and most printing machines so can outproduce the world in fiat currencies...therefore, WE ARE NUMBER ONE!!!
Let those clowns in Europe and SE Asia try to print faster that our FED...We will show those azz hats a thing or twenty trillion!
Meanwhile, the Chinese laugh their azzes off, keep a loose peg in place, and needle the Japanese whenever they get bored.
Get popcorn, enjoy the show...
Let those clowns in Europe and SE Asia try to print faster that our FED...We will show those azz hats a thing or twenty trillion!
Meanwhile, the Chinese laugh their azzes off, keep a loose peg in place, and needle the Japanese whenever they get bored.
Get popcorn, enjoy the show...
4
Posted on 10/6/10 at 7:57 am to Rivers
So you couldn't post this comment in one of the 13 other threads on the front page you started about this exact same subject?
Is this another "system" limitation?
Is this another "system" limitation?
Posted on 10/6/10 at 8:34 am to Rivers
quote:Interesting stuff. Prediction by two solid Wall Street types yesterday is for $2000/oz. May have gotten out early if that's the case.
Gold Blows Past $1350,
Posted on 10/6/10 at 9:42 am to Martavius
I don't post HEADLINE NEWS in the obits or the sports section.
Posted on 10/6/10 at 9:48 am to NC_Tigah
quote:
Interesting stuff. Prediction by two solid Wall Street types yesterday is for $2000/oz. May have gotten out early if that's the case.
There are people on both sides. John Paulson has 80% of his investments based in gold currency (basically holding heavy leavered gold futures against his cash investments), but Gartman is pretty anti gold right now.
For the time being, all this gold run up is self fulfilling prophecy.
Posted on 10/6/10 at 10:42 am to TheHiddenFlask
"There are people on both sides. John Paulson has 80% of his investments based in gold currency (basically holding heavy leavered gold futures against his cash investments), but Gartman is pretty anti gold right now."
Gartman is a fool and has been forever. He knows diddly about what is driving the PMs markets. Gartman is like that fool 'analyst' at KITCO (one of the biggest gold dealers in this hemi sphere) that continually predicts gold is going to retrace. Well, yeah gold is going to retrace but not until the world economy is stabalized to a much greater degree than it is today. Hell, when countries are having currency debasement competitions gold is not going to retrace.
Paulson made his money on derivative bets against the real estate bubble. Now he has started and is running some sort of gold ETF, which I would never put a nickle into. At least Paulson knows what is driving the PMs markets...and, he is no fool.
Gartman is a fool and has been forever. He knows diddly about what is driving the PMs markets. Gartman is like that fool 'analyst' at KITCO (one of the biggest gold dealers in this hemi sphere) that continually predicts gold is going to retrace. Well, yeah gold is going to retrace but not until the world economy is stabalized to a much greater degree than it is today. Hell, when countries are having currency debasement competitions gold is not going to retrace.
Paulson made his money on derivative bets against the real estate bubble. Now he has started and is running some sort of gold ETF, which I would never put a nickle into. At least Paulson knows what is driving the PMs markets...and, he is no fool.
Posted on 10/6/10 at 11:00 am to Rivers
quote::noracist:
Gartman is a fool and has been forever. He knows diddly about what is driving the PMs markets.
Posted on 10/6/10 at 11:17 am to Rivers
Do you WANT the USA to collapse? Gold > USA?
Posted on 10/6/10 at 11:17 am to bananarama
Thanks for your in depth analysis. You are a certainly a fountain of information for the readers/posters here. Feel free to make a contribution at any time...any time yo mama lets you play with her computer.
Posted on 10/6/10 at 11:42 am to Rivers
quote:
Thanks for your in depth analysis. You are a certainly a fountain of information for the readers/posters here. Feel free to make a contribution at any time...any time yo mama lets you play with her computer.
Don't even know where to start with someone as moronic as yourself.Posted on 10/6/10 at 11:50 am to bananarama
"Don't even know where to start with someone as moronic as yourself."
Try telling us something useful...or, try telling us something unuseful. We are dying to hear your words of wisdom...since you recently registered here and have over 200 posts you must have an enormous amount of sage advice for us mere mortals.
Try telling us something useful...or, try telling us something unuseful. We are dying to hear your words of wisdom...since you recently registered here and have over 200 posts you must have an enormous amount of sage advice for us mere mortals.
Posted on 10/6/10 at 12:06 pm to Rivers
I know a good deal about finance and the capital markets but I preferred to listen and learn since there are others with a greater depth of knowledge than myself.
Posted on 10/6/10 at 12:07 pm to bananarama
No doubt.
Posted on 10/6/10 at 12:09 pm to Rivers
I wasn't talking about you in my prior post so don't let it go to your head.
Posted on 10/6/10 at 12:14 pm to bananarama
Now you're posting on the wrong thread. You were reported to admin on the other thread. Duh...
If you care to look in the upper right hand corner of your post will show who your comment is directed to. So...yes, you did reply to my comment.
If you care to look in the upper right hand corner of your post will show who your comment is directed to. So...yes, you did reply to my comment.
Posted on 10/6/10 at 12:20 pm to Rivers
Posted on 10/6/10 at 12:48 pm to Rivers
You said..."Gold Blows" hehehe
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