That's probably a bad sign, eh?
But it's sure fun to make a few thousand dollars between breakfast and lunch...
May 11, 2006
I'm checking that BullionVault live gold price link as often as I used to check my Cisco, Dell and Pets.com
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27 comments:
You are so right....I actually look forward to getting up in the morning just so I can check on GLD!
your graphics choices are priceless! keep it up
Maybe we should all quit our jobs and become gold traders. hehe.
So when does everyone plan to sell?
I'll admit, It's been crossing my mind.
Striker.
I got to admit "the thinkers" comments are starting to take hold of my decision. some of the stuff he says makes sense.
Striker.
I still remember a comment made by an analyst on one of the cable channels in '99. The redhead babe asked him if everyone should own shares in emerging internet companies. His reply was "Sure, if they want to lose 90% of their investment". This remark didn't sit well with some others on the show and they pretty much dismissed his pesimism with laughs and giggles.
Smart people will always make money in the markets. 50% of us are below average intelligence. When "everybody" is in to some investment (metals, housing, tech stocks), a good portion will loose their shirts.
Short gold
Look at historical gold/oil ratio's and and gold/platinum ratio's. We are no where near the euphoric peak of Gold. Look at the charts to see the previous euphoric peaks. When we hit those peaks again, then sell.
CEF has been a good silver/gold play for me. Got in at 7.90. And it is a Canadian company which may have some dollar deflation value also.
could you please post the site to watch gold? Can it be purchased directly and what is the future outlook?
Is it too late in the game to buy gold. I am holdin off buying a home (rented anoyher 12 months) - but would like to know where to keep my downpayment - dollar is scary!
... Look at the charts to see the previous euphoric peaks....please show link to chart
kitco.com to watch gold
keith:
just don't get burnt when one day gold crashes by 100 points
click on the link postioned at hte top of this page, or click on this tread's headline for live gold prices
Two years ago, I started looking into Canadian Royalty Trusts ("canroys") for oil.
Oil had shot up and the trusts (prevoiusly very sleepy vehicles) had trended pretty much straight up.
I thought, "oh crap it's too late."
Oil was $40 then, and the trusts are significantly higher still.
there's one bigger and even quieter bull market in play: uranium
724.28 in Zurich!
"could you please post the site to watch gold? Can it be purchased directly and what is the future outlook? "
You can buy gold buy purchasing GLD (Ticker), its an EFT that trades like a stock and is approx. 1/10 of an ounce per share.
Thanks for info! I am seriously thinking of getting my $$ out of my bank.
Get your money out of the bank and have it ready...I would jump in on a dip...keep in mind the dips will probably only last a day with the current momentum.
BEARX, SLV, FXE, GLD, today is a good day, the stock market is toast.
Anonymous wanted to know a good place to keep his down payment money while he waits out the housing bubble. I am using Emigrant Direct. I think they are up to 4.5% by now. It won't make you rich, but if you will be buying a house in a year you don’t want to risk it in stocks or commodities. If you were looking for a long-term investment I would say S&P 500 is the way to go!
Or you could put your money down on gold and mutter "BIG BUCKS, BIG BUCKS, NO WHAMMIES, NO WHAMMIES" as you check how the price is doing three times a day.
Nope, they're not! When the common peasant nobody starts buying gold, you'll know were almost at the top.
Most money market accounts are paying over 4% now....a bank named Cardinal Bank in Northern Virginia is now paying 5.01% APY for savings accounts.
SCREW GOVT CORP WELFARE!
SCREW THE BANKS!
Buy physical gold and NEVER SELL.
If they manipulat the price down $100, GREAT NEWS...
You can buy more for less.
NEVER FORGET! GOLD IS POWER.
THE GOLDEN RULE:
HE WHO HAS THE GOLD MAKES THE RULES!
Fiat savings is for debt-slaves so that BIG Govt can steal saved wealth via monitary inflation of FIAT. FIGHT BACK. BUY AND HOLD PHYSICAL GOLD.
To those who ask, "What is gold worth"?
Your Financial Safety and Security for today and tommorow.
Hmm I love the idea behind this website, very unique.
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Hey what a great site keep up the work its excellent.
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Very best site. Keep working. Will return in the near future.
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