Fizoo thanks for passing your Turing test.
Welcome to the off-topic forum.
Watch out for your pants and wallet.
Turing test?Bought 340 shares of NUGT this morning @ $5.91. Looks like the start of a major drop in gold. I should have gotten in earlier, but i doubt the move is complete...i figure the only way i got in at the high is if europe suddenly started posting 8% annual growth in GDP lol.
Don't ask, and I won't tell.Originally Posted by Fizoo
OHPLZOHPLZOHPLZOHPLZ... a drop in gold will hopefully get sympathy from silver, which means I could buy some more junk coins. I only had a chance to buy about $3000 worth previously, and I think I was close to doubled value within a year. Spot went from ~$17 up to something like $41 - it's at $28 today.
Yep, yep. Loving the silver price drop. Hope it sticks around till next month so I can pick up some more.
what do you think I should do with my high yield bonds (it's actually an ETF, I don't own any individually)? word on the street is they're in a big bubble, but I don't want to go to treasuries/corporates, whose rates can't go lower, is there another counter market asset to chase besides gold/silver? I don't like the idea of your tripled bet against the market, then i'm betting against the rest of my portfolio.
BTW, gold is dropping because the change in tone from the fed.
What do you think of something cheap and to big to fail.
Like AIG
AIG Reports Fourth Quarter Operating Income of $290 Million, Including After-Tax Storm Sandy Losses of $1.3 Billion; Fourth Quarter Net Loss of $4.0 Billion - 02.21.13 - 4:00 p.m.
Or Any Big Bank
Taxpayers Give Big Banks $83 Billion a Year
Last edited by BobCox2; 22-02-2013 at 03:11.
Bob, there's no way they bail out AIG again. are you kidding?
http://www.youtube.com/watch?v=eKgPY1adc0A
They have not said no yet...
Possible reverse head and shoulders forming on HUI. I think 350 may be major support on the HUI.
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