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Post by jrtheoriginal on Aug 24, 2011 13:17:11 GMT -5
Gold is down about 100 dollars an oz. as I type. DId somebody get a warning that there is gonna be no QE3? IF they come outa Jackson hole with no clear path to qe whatever does that mean we trde sideways in the base commodities and can hope to move higher in Meat, milk and eggs?
I see tho that corn is holding it's own even in the face of a strong dollar and a weakening gold mkt. SO is Corn now trading funnymentals?
This is gettin confusing!
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Post by looter on Aug 25, 2011 6:36:58 GMT -5
as this bull gets further along 100 dollar swings will (and have been) more normal... i wouldnt worry about it and WOULDNT SELL ANYTHING. however i also wouldnt go all in at this price. buy a little till you get more comfortable. however leave some powder if there is a healthy correction. something i have a feeling could very well happen in the next 4-6 months. the way silver has been acting is fueling that thought. Good answer. We are all gonna be a lot smarter this weekend once the Fed bullshit is printed. |
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Post by thirsty on Aug 25, 2011 7:21:28 GMT -5
Gold got ran up on the Chavez news, right into Options Expiry coincidentally (haha). The anti-gold cabal really lost their shirts there. I imagine with Ghadaffi on the ropes they can just take his gold, pay off Chavez and still have enough around to parcel out to the next statist looking for real collateral.
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Post by thirsty on Aug 25, 2011 7:25:13 GMT -5
Jim Sinclair called this a decade ago. He said just under ten years ago that gold would be $1650 by the first quarter of 2011 (he was off a quarter), and also warned that the volatility would be epic in both directions. Said there would moves of a couple hundred dollars in either direction over hours. He's saying now gold is set to move a lot higher once this correction over. The only currency gold has not broken out in is Yen, when it does it should shoot 60% higher at that point (cup and handle formation has worked consistently in all currencies in this gold bull).
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Post by 48 on Aug 25, 2011 12:07:01 GMT -5
JR: Gold took a dive cuz they increased Margin requirements. They did the same exact thing to silver a while back. Nothing has changed on the fundamentals of the fiat currencies spiraling down into oblivion. BTW, it is pretty impressive that a dumb titty puller and even dumber Hereford meat wagon guy knows about Jackson Hole. lol. JHF.
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Post by 48 on Aug 25, 2011 12:09:31 GMT -5
You guys can get Ed Steer's daily e-mail Gold&Silver Report from Casey Research for free. Always has lots of URL's to interesting articles pertaining to gold and silver. If you read this daily you will learn how the Big International Banks which own the Central Banks manipulate gold and silver...down.
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Post by 48 on Aug 25, 2011 12:12:03 GMT -5
JR: BTW, I exalted you...not that you give a shit. lol. Tired of these AAF guys smacking us down. lol.
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Post by jrtheoriginal on Aug 25, 2011 12:58:33 GMT -5
Well I will return the favor! ANd this titty tugger pays attention to the money cause I got so little of it and I am tired of those jackson aholers screwin with it! DO I need to just search for ed steer to get the report or is it hidden somewhere under the WWW.rock? |
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Post by 48 on Aug 25, 2011 13:06:15 GMT -5
JR: I will post a URL for you. I think you will enjoy seeing how JPMorgan Chase et al manipulate gold and silver. Mix lots of Aureomycin50 in the rock salt for those pinkeye meat wagons of yours. lol. JHF.
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Post by 48 on Aug 25, 2011 13:14:22 GMT -5
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Post by 48 on Aug 25, 2011 13:17:37 GMT -5
JR: There you go. They will naturally try to get you to subscribe to their various newsletters. But, I would pay for Ed Steer's GSD, and it's free. lol.
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Post by 48 on Aug 25, 2011 17:09:19 GMT -5
JR: I exalted you again. I gotcha down to zero which is about what I think of anybody who raises those fricking Steins. lol.
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Post by jrtheoriginal on Aug 25, 2011 20:04:55 GMT -5
Thanks I think! LOL you should eat one sometime they are gooooooood! way better than your wheat fed blacks! LOL
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Post by 48 on Aug 26, 2011 9:32:30 GMT -5
JR: I exalted you again. You are +1. lol. If they are so good, how come your meat wagons are Hereford and dman's are Simmy and Red Angus? Huuuummmm....?
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Post by jrtheoriginal on Aug 26, 2011 12:11:25 GMT -5
Becauyse I am open minded and tolerant of all cattle and besides they are just so dang cute! LOL
Yo! I exalted you to must be some other SOB draggin us down!
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