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Thread: Investing in Gold & Silver

  1. #25

    Default Re: Investing in Gold & Silver

    Quote Originally Posted by Birchtree View Post
    I own Jaguar mining (JAG) in silver - other than that I'm trying to turn my coal positions into diamonds. If Bernanke floats a QE3 commodities will rip.
    But isn't QE1-2 and possible QE3 a handout from the federal government and tax payers to wall street and the banks? Aren't we suppose to be against entitlements including the newest one that is designed to 'float' the market but did nothing for the economy?

    Oh yea, Jon Stewart said it best... "See, this is the problem with entitlements. They're really only "entitlements" when they're something other people want. When it's something you want, they're a hallmark of a civilized society, the foundation of a great people.
    http://garthright.blogspot.com/2011/...itlements.html

    If we want to get rid of entitlements, lets start with the ones that benefit wall street at the expense of the economy. Then work on the entitlements for those who do not need them like the Bush tax cuts entitlements...

    My two cents
    100% I August 14 (cob 8/14). Trying it again until Oct.

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  3. #26

    Default Re: Investing in Gold & Silver

    The gold and silver discussion went off track from here. I moved the posts in The Economy Forum:

    http://www.tsptalk.com/mb/showthread...nd-the-Economy
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  5. #27

    Default Re: Investing in Gold & Silver

    I'm guessing that this has been mentioned in other threads today, but I thought I would post it here as well...

    Gold is down over $100 an ounce today! That's it.

    I can only images the fortunes that are being lost and gained in the gold futures market on a day like this. Trading just one lot would see massive moves in your account balances.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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  7. #28

    Default Re: Investing in Gold & Silver

    Quote Originally Posted by tsptalk View Post
    I'm guessing that this has been mentioned in other threads today, but I thought I would post it here as well...

    Gold is down over $100 an ounce today! That's it.

    I can only images the fortunes that are being lost and gained in the gold futures market on a day like this. Trading just one lot would see massive moves in your account balances.
    That's why I am not in those markets. Feels like 1999 when NASDAQ went through the roof.
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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