Thread: Sold another 5 Oz today

Quote: Originally Posted by shortstack Hey, how come toothpick has not thanked war pigs post yet? Piglet might have forgotten the toothpicker account password??? :D

Quote: Originally Posted by Stealinator Just bought Krug and GAE at $1112 and a Maple at $1104. Was painless. Im of the belief that gold will be over $1200 this year. I just saw Santelli in the pits and they're betting on 1200 before Thanksgiving so you seem to have made a GREAT buy! congrats!

Conventional "Wisdom" (This ain't rocket science...pretty simple stuff) From today's Bloomberg article. [snip] “It’s too risky for the Federal Reserve to play around raising interest rates before the economic recovery takes hold and becomes independent of stimulus measures,” said Tim Brunne, a credit strategist with UniCredit SpA in Munich. “We don’t expect the Fed to start raising rates until the fourth quarter of...

Quote: Originally Posted by ccjoe Why Not? Is this a trick question on GIM? If it's serious then because paper will someday be WORTHLESS! No one knows when but why get caught being the last one standing up in this musical chair, Ponzi scheme economy? Yeah, it helps to read the threads before you comment... Just a suggestion

Quote: Originally Posted by GoldBuyer123 I cancelled that order. I am asking this because I do not know, so here goes: You said you ordered a that special 20 Ounce - 2009 20th Anniversary (Gold) Philharmonic from APMEX. What happens when you cancel an existing (but not paid for yet) order from APMEX. Do they just charge you the difference between the price at time of order and the price at the time of cancelation? Do they also hit you with...

Quote: Originally Posted by GoldBuyer123 I suggest everybody to consider lightening their exposure to PMs. The worst is behind. There is no inflation on the horizon, and when it does appear the Feds can easily fight that with sharp raises in the interest rates. PMs have not caught on, and will not now that the pressure is being released from the credit crisis. You better get your new bike a run to the post office and try to get it back!!!

Whatever the case, whoever he sold it to (probably a "dreamer") just made a profit. Gold 1075.93 +12.55

Quote: Originally Posted by GoldBuyer123 I believe the economy is getting better, much better. Jobs are coming. Why don't you enlight us all with your wisdom and tell us what markets you see these jobs being created in.

I think you have it backwards GB123. If you think the economy is getting "stronger", why do you think the dollar will benefit from this perceived strength? If anything, if things do in fact turn around, people are going to take their money out of treasuries and the USD and will put them into riskier asset classes. This will strengthen commodities, not the USD.

looks like GB will get his $1100 if he hurries