I am thinking of reducing my GBN and ECU positions. Down over 20% on my current holdings. Worse is coming in my opinion too. My bet is no fed cut next week. Even if they dont, oil is going to correct...and when it does, we are going to see the mid to low 800's.
Hi all, back from the crazy farm. Where parents send their kids who haven't been parented.
No offense taken from anyone here. I'm pretty thick skinned anyway.
Cube...if you don't mind, how do you get 'in to' the business anyway? I've always wondered how one goes about it. You got to start with a boatload of cash to get inventory? Or start out swapping a few coins? Work for a shop and break away?
Not to beat a dead horse...but this is what I really like about Sinclair:
"The OTC derivative problem is not over - it is only starting. Wait until default derivatives fall under FASB 133 and 157 and require more reasonable valuation than the present mark to model cartoon number."
Where in the media can anyone (sheeple) learn about this without being a broker, or a CFO, or be one who studies the investment side of brokerage houses? I've never ever heard anything from the sheeple media horn blowers. If anything, it's "Happy Days Are Here Again, The Sky Is Blue and Clear Again." La la la lala la la la la...
Which I dunno, seems to be just a wee bit misleading....?
I got into precious metals in the late 70's. I bought scrap and coins after school while in college. Turned my money daily. That led to refining in order that I could increase my profit margins. Now I just deal in coins and bullion so I can avoid the chemical stains on my hands. ;)
7 comments:
Well. We are thinking similarly then. :)
I am thinking of reducing my GBN and ECU positions. Down over 20% on my current holdings. Worse is coming in my opinion too. My bet is no fed cut next week. Even if they dont, oil is going to correct...and when it does, we are going to see the mid to low 800's.
Cheer up Guys!! Fall will be here before ya know it!! ;)
Think of the poor Chi-Coms holding all of those inflating Dollars!!
Sinclair promised improvement in May. Anyone else thinking of hanging on till at least then?
Joe: Maybe that would make a good poll. How much pain can you take till you bail?
Hi all, back from the crazy farm. Where parents send their kids who haven't been parented.
No offense taken from anyone here. I'm pretty thick skinned anyway.
Cube...if you don't mind, how do you get 'in to' the business anyway? I've always wondered how one goes about it. You got to start with a boatload of cash to get inventory? Or start out swapping a few coins? Work for a shop and break away?
Not to beat a dead horse...but this is what I really like about Sinclair:
"The OTC derivative problem is not over - it is only starting. Wait until default derivatives fall under FASB 133 and 157 and require more reasonable valuation than the present mark to model cartoon number."
Where in the media can anyone (sheeple) learn about this without being a broker, or a CFO, or be one who studies the investment side of brokerage houses? I've never ever heard anything from the sheeple media horn blowers. If anything, it's "Happy Days Are Here Again, The Sky Is Blue and Clear Again." La la la lala la la la la...
Which I dunno, seems to be just a wee bit misleading....?
Ron, you can read the same news sources that Sinclair does. I do, so I know he isn't peering into a crystal ball.
I got into precious metals in the late 70's. I bought scrap and coins after school while in college. Turned my money daily. That led to refining in order that I could increase my profit margins. Now I just deal in coins and bullion so I can avoid the chemical stains on my hands. ;)
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