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I tried to edit out the blank space but failed. I am technically handicaped!
This Sinclair is too important to miss:
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Dear Jim, “I will tell you when, but you and 97% of the CIGAs will not at that time believe me.” Why not? I went from not having a clue about anything financial to having a current six figure portfolio in “real” assets. Forever grateful for you and your JS Mineset crew. CIGA David Dear David, Let me tell you a short story. On my trading desk at the Sinclair Group of 15 traders, 7 came from less than nothing to millionaires as a result of following my lead for their own account. I allowed them to trade for themselves, but not in front of any client, nor in the same marketplace. The day gold hit $887.50 I called a time out and told the kids the game was over. We spent that night selling physical everywhere it was traded, in each different form it was traded. We sold short 400 ounce bars to a Hong Kong teals against our futures positions. All my traders heard what I said and stayed that night, assisting us to bail out and in the process sold gold down over $100. I took all these kids from school into trading, holding evening classes to train them. Not one of them listened. They thought Daddy didn’t want them to keep raking in the money. Every single one of them went belly up. I received death threats from the gold community when I said the gold bull was over, and over for many years to come. Old man Forbes quoted me as saying “If you missed gold, you missed it.” That was a comment on gold going South for at least 15 years. You may believe me, but if you do David, you will be in the minority. These kids looked at me every day. They were the near and dear. They did not listen. Regards, |
Deadeye says: this speaks worlds on honesty, greed, human nature, inexperience and youth. The wise will take heed instead of criticize.
cannuckgold, Farmboy, Aggie. There are some interesting points in the link below.
Notice that Potash Corp of Saskatchewan now has a market capitalization 20 % greater than Barrick Gold. The world needs production of food for humans, and mining potash for fertilizer is, in my opinion, a growth industry. Best wishes, all.
Dusty, you watch……
At $1,200 they’ll have all of the Gold coins you can carry………..
aggie
light rain falling here now and freezing. warm front overiding a cold front. the rain is warm but its freezing on anything it can stick to. might have lots of trees and power lines down by morning. wheat is getting a good drink.
rno
night tent
I’ll be on coffee detail in the morning.
Pop no bop @ 21:30
Interesting, did you see my post (Dec 8, @23:24) ? Long story short, same type of experience. I know the big distributors have plenty of gold, but the little guys seem to be having a problem keeping it in stock. The public doesn’t seem to be selling. Anyone else have this experience lately?
Cheers
Dusty
winedoc…thanks for the recommendation
i’ll be taking a look at that.
floridagold @ 21:12 ….
he says … ” I don’t give a hoot what Goldmansucks says …. buy … buy … buy gold” …. a little bird told me so.
gold/silver quotes
ipso_facto, floridagold, Just_Buy_It
thankyou, that’s exactly what I was looking for.
Word must be getting out
Went into to my coin dealer of some 5yrs standing and asked for a miserly 2oz of Au.
“Nope, no bullion coins, no bullion just numeristics”, ring me in a few days, was all I got.
Noticed older woman plus 20 something young man buying 3 tiny little Sovereigns…$1,400, please….yikes.
The young guy had a look on his dial that said he didn’t seem to know why he was there!
hhmmm?
strikerrod @ 20:47 pm
What does he say about Gold and Silver??? Any hope for the pm stocks!!
(I assume he is a wise old owl)
Newbug 21:13
With cellaring, just get started. Its not unlike investing in your first gold coin. I would recommend the Eurocave or similar storage units for anyone serious about wine storage in a house or apartment.
Winedoc
winedoc…with a cellar like that
and the fact that you’re a mac user, you’ve officially become my hero for the night.
well done.
i’d love to build a cellar of some size over time. of course a good start would probably be getting into a house instead of an apartment. but then with real estate looking like it does, the cellar might just have to wait.