Friday, August 15, 2008

POG

STRONG $23 run the past 4 hours.

I'm loving all the positivity and bottom calling on CNBC. Haven't we seen this before????? ; )

6 comments:

Latviski said...

Well it's a start! Let's get POG above 800 for the weekend for all us 'round number guys'. ;)

So you're swimming 8 second times in your pool, huh Joe?!
I'm guessing meters and feet are interchangeable in RI!!!! :) :)

JoeGoog23 said...

You see the 15 year old Elizabeth Beisel?? She won her Semi heat in the 200M Backstroke. We got her and Demetrius Andrade the boxer from RI also. He SHOULD win his weight class.

Front page of my paper today"Jobless rate in RI hits7.7%" Highest since 1993!!!!!

Things are awesome!!

coinlieutenant said...

Guys, I dont want to be a naysayer here...but we need to look at the distinct possibility that the Denningers of the world are right...and not the Puplava's and Sinclair's.

We are seeing massive deflation and the relativity of the currency trading is killing us.

Just some food for thought...

coinlieutenant said...

And to back it up, I am short over 30% of my positions...even in this environment.

JoeGoog23 said...

You're absolutely right John, but i'm in this for better or worse (guess i'm married to gold?)

Latviski said...

I've always respected Denninger, and I'm starting to buy his thesis more and more as my account goes lower and lower...

I think if there's no 'turn' in gold w/in next month, I will bail on a portion of my miner holdings to lessen exposure. Would be at a significant loss, but I'm getting close to max pain here on these ones and can't fight the tape forever.