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 Gold/Mining/Energy | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: gold$10k3/1/2012 8:13:13 AM
2 Recommendations   of 43890
 
"You have to have cash. In cataclysmic economic times, the possibility or even probability of a psychotic break like we had in 2008 are high. Having cash gives you the ability and the courage to take advantage of fire sale pricing and my suspicion is sometime in the next 18 months we're going to see fire sale pricing.”

kingworldnews.com 

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To: gold$10k who wrote (33813)3/1/2012 8:19:45 AM
From: TheSlowLane   of 43890
 
Cash yes, but his definition of liquidity also includes metals:

How to prepare? To begin with you are going to need to maintain liquidity, even though maintaining liquidity, in current terms, is going to cost you some money. Does that mean you maintain all of your liquidity in US dollars? Personally I am not doing that. Personally I am trying to maintain about 1/3 of my liquidity in physical metals or proxies for physical metals.

kingworldnews.com 

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From: gold$10k3/1/2012 8:32:17 AM
   of 43890
 
How to Clear Your Google Browsing and Video History Before the New Google "Privacy" Policy Is Implemented

zerohedge.com 

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To: gold$10k who wrote (33815)3/1/2012 8:40:18 AM
From: Zincman   of 43890
 
Too late I think.... 12:01AM PST was it...

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To: gold$10k who wrote (33805)3/1/2012 8:42:27 AM
From: TH1 Recommendation   of 43890
 
G10K,

Scary. You're potential downside target is 15 bucks from mine. And trust me, I don't want that, cause I'm real long gold.

But, I also have a possible spike down to 1490 that lasts all of five minutes. That would clear a lot of stops and put a hard test in.

Equally possible is a spike above 1900.

Which brings me to my real point. Gold is not trading on fundamentals, but rather central banker games. And those will run their course.

GT
TH

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To: rubbersoul who wrote (33796)3/1/2012 8:47:59 AM
From: Mike M2   of 43890
 
I have no experience in the futures market but I would guess that the worst was over yesterday. When you have a rout like yesterday those who wish to depress the price of gold will keep the pressure on to maximize the damage. The volatility alone is enough to discourage some gold players. As I write this gold is up $10 in the spot mkt which is encouraging but the day is just beginning. I did buy AG & ANV at the close if we do rebound this morning but it's just speculation.

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To: TheSlowLane who wrote (33800)3/1/2012 8:51:17 AM
From: Mike M2   of 43890
 
Yes,I felt under invested monday & Tue as it seemed like the market was ready for take off but I try to be patient and buy the dips.

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To: TH who wrote (33817)3/1/2012 8:51:43 AM
From: gold$10k   of 43890
 
I don't have a target at the moment... just possibilities.

Yes, the reality vs. the game... always. <g>

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To: TheSlowLane who wrote (33812)3/1/2012 8:53:37 AM
From: Wade   of 43890
 
LOL...just keep on nibbling....load up the truck one step at a time is better.

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To: Zincman who wrote (33816)3/1/2012 8:58:28 AM
From: loantech   of 43890
 
Check this whatcha think?

searchengineland.com 

try duckduckgo

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