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


Previous 10 | Next 10 
To: NOW who wrote (35617)5/23/2012 3:38:50 PM
From: Zincman   of 43950
 
Think might be closer than we think...

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Zincman who wrote (35618)5/23/2012 3:39:16 PM
From: NOW   of 43950
 
how say?

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: John McCarthy who wrote (35613)5/23/2012 3:39:30 PM
From: Wade   of 43950
 
John,

You are very welcome. Not many people understand how big hole we are in. These banks always can write another derivative to push back the losses into the future. What we saw here is only the tip of an iceberg.

From the OCC report we can see that any one of these banks can crash the worldwide financial system with other banks because all of them are gambling the same stuffs with each other.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: NOW who wrote (35619)5/23/2012 3:44:06 PM
From: Zincman   of 43950
 
Price action after these massive paper attacks seems very positive. Without these big paper dumps, prices seem to be closer to equilibrium than they were weeks ago.

Light volume suggests supply drying up...


FA wise, QE looks like it is coming despite positive housing news in the US today....

Share Recommend | Keep | Reply | Mark as Last Read

To: Zincman who wrote (35618)5/23/2012 3:47:00 PM
From: NOW   of 43950
 
some juniors moves the best since last fall

Share Recommend | Keep | Reply | Mark as Last Read

To: Wade who wrote (35606)5/23/2012 3:59:25 PM
From: rubbersoul   of 43950
 

"Most little guys are just too scared to buy any thing. Oh..well... that is why they are called the little guys. LOL"

That's just the type of sentiment we need for a major turn.

I raised 15% cash near the top yesterday and my stink bids filled today including NUGT @9.05 and FR @13.50. First trade in a while. Added some CKG and CGR. No cash.
Nice volume today.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: rubbersoul who wrote (35623)5/23/2012 4:04:50 PM
From: Wade   of 43950
 
Very nice trades, John.

AG (FR) made a 10% swing today. <G>

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Wade who wrote (35624)5/23/2012 4:14:47 PM
From: rubbersoul1 Recommendation   of 43950
 
Yes and NUGT made a +20% swing. I'm learning to ride that beast, lol.
Nice performance all around. But the last week or so has been like scoring 3 runs when your team has been down 10-0. Slowly I think a new uptrend is trying to assert itself. These intermediate bottoms can be trying.


Btw, that was great news yesterday from First Majestic.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: rubbersoul who wrote (35625)5/23/2012 4:25:53 PM
From: Wade   of 43950
 
Wah! What a 20% "swing". LOL

We have a very good set up for tomorrow's Comex June gold option expiry. Good luck to us all. <G>

Share Recommend | Keep | Reply | Mark as Last Read

From: Wade5/23/2012 4:42:28 PM
1 Recommendation   of 43950
 
Recovery or Collapse? Bet on Collapse

Paul Craig Roberts Institute for Political Economy
paulcraigroberts.org 

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (4)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.