Loading ...Interesting point of view (nia)
|
|
|
and on second thought, ment—-
maybe I’ll just use the toilet tissue sheets and paper bag method! 
ment 20:05
will a kaplin award do? 
wj
……………….. 
ment17 @ 20:05 pm
Russell is $250 a year that I have never minded paying - got me in gold/silver and learned alot about other things. A bargin! Sinclair - FREE, even a better bargin! 
Hong Kong cuts interest rates by half-point to 4.5%
HONG KONG (MarketWatch) — The Hong Kong Monetary Authority Thursday announced a half-point cut in its key interest rate to 4.5%, matching a similar reduction overnight by the U.S. Federal Reserve. Hong Kong, which pegs its currency to the U.S. dollar, follows U.S. interest rate changes in lockstep.
~ ~ ~ ~
Worldwide fears of recession, deflation and even depression continue. More interest rate cuts to come soon, imo.
JBI
Irish, 18:50, no.
You might look at a retread operation though, take an old tire and bond new rubber round the outside. Much cheaper moulds, no carcasses to make. Still need the black, mind you.
brezze
what RR ahead of the crowd he is 86 .. an old man.. lol and sinclair never mind he wrote that stupid book in 1990 about the coming strength of china,, called gold within 25 bucks or so many years before.
and this is it,, what a farcical statement … i still can trade , can do what i did then only now is now and nothing happened.. guffy stuff…
the gold shares are soft today.. must be something besides the heAVY HAND OF THE hedges .. some eyewash by the powers that be.. it must must be // gold is going to 650 as per mahandra. yes thats it..
silver to much supply many say.. a pundent type.. gold nah
maybe some of the very real clever types can help old ment out with advice..should i get out… i palsy
rr and sinclair are going out of style.. …
where is the plunger and toilet so long cruel world ///
auggg
margaret, 18:47, I hope it is.
And I wish they would return my ‘phone calls. Qtrly due today.
WANKA
I meant, too late, I already put my computer in my oven expecting to get a nice cooked fish out!
Max Smart, Geeezzze
Thought my naked mole rat was bad!
Auric
Great quotes
You may want to turn on your speakers, but it is not necessary.
Enjoy these words of wisdom.
JBI
FlGold–thank you for the RR snippets
I figure that in 50+ years, he has to be ahead of the crowd in market smarts.
Fed Superhero coming
Goldbugs take cover!
Thanks for sharing your thoughts
Myself, I’m going to try to get the ment to manage my pf for me! <G> My karma in the financial arena has to be reallyyyyy bad!
-> Posted by ment17 @ 15:38 pm on January 30, 2008
welll … i hear what you keep saying…but i keep looking down at the stocks going up
and must come to thee conclusion … its a karmic thing lol
a little snip from RRussell’s letter this evening
Meanwhile, the “stealth bull market” in gold continues. The stealth bull isn’t snorting yet. That would attract the public. No, you see this stealth bull just continues to tip-toe higher. Yep, he’s one sneaky SOB. The Wall Street Journal hates him. The paper would like to turn this bull into a thousand pounds of rancid hamburger.
But it’s not going to happen. When it comes to gold, the WSJ is as “out of it” as is poor Britney Spears or Amy Winehouse. I’m afraid the paparazzi are driving these young ladies crazy — just as rising gold is driving the WSJ crazy.
So the question on every sold-out gold bull’s mind is — “When is this blasted metal going to correct so I can get back in?” And the Russell answer is — “I haven’t the faintest idea. My 60 years of experience with big bull markets tell me that when you try to out-trade the bull, you usually end up standing on the sidelines fuming and mumbling — and this just as the big move arrives.”
Many of the newspapers and magazines are wasting their time talking down gold, but is anyone even watching silver? Below we see a P&F chart of silver, lookie here, silver is breaking out from a large and powerful base. Well, actually, silver broke out at the 15.5 box and now the silver metal is just pennies away from 17. The P&F “count” is to 25, but I suspect that silver is going considerably higher. Remember, silver hit a high of 50 back in 1980. Gold has already passed its 1980 high, but silver is still not close to its own 1980 high.
Is it possible that silver could go back to 50 bucks an ounce? Sure, anything’s possible — remember, we haven’t even reached the phase where the great unwashed American public stampedes into the precious metals. Who knows — some day Americans may read their Constitution and come to the conclusion that gold and silver are better than fiat paper that is ground out by a private banking monopoly that calls itself “the Federal Reserve.” Of course, we sophisticates know that it’s neither Federal nor is it a “reserve.”