Oldtent Archives 2007 - 2008

You know some guru, very good in stocks, watched him for yrs. woulda shoulda coulda followed him thing with picks, thing. While emailing him once about the future of Pms and the stock market..about the 2013 you mentioned, which also seems reasonable to me, he said he will be out in 2010, because he will have made more than enough money by then.

He told me in his opinion, to be all out..stocks by or in? 2012, and( be in a safe place.) That comment was surprising coming from him a normal person while golfs as well as financial consultant. Do you have any speculation on this. What Im guessing he is saying is the whole market is gonna crash and things are gonna get real bad. When I emailed him back to seek clarity in what he said he never replied. Can you tell me what you think of this, if any thought on it.

this is exactly what I was looking for as a starter …… thanks again. 

The Mahers rank among the earliest victims of “auction rate” securities, a once-obscure type of bond now sending shock waves through broad swaths of the U.S. economy. Auction-rate securities — an unusual type of long-term bond that behaves like a short-term bond — have become a keystone of modern finance. They are routinely used to fund everything from college student-loan programs to municipal road-and-bridge projects.

These bonds became popular with investors looking for cashlike investments, because they offered better returns than traditional money-market investments but were just as easy to buy and sell.

Recently, however, that advantage has disappeared. The market for auction-rate securities has dried up amid fears about fallout from the subprime-mortgage crisis. This week, New York’s Port Authority saw the interest rate on some of its debt jump to 20% from 4.2% amid disruptions in this market.

http://online.wsj.com/article/SB120295439920567161.html?mod=todays_us_page_one

Took my last swim tonight. Wrote the Law firm and brought over a copy of the Tottsville meeting. Circled the 16,000,000 hits. Just kind of wanted to pound home what this wonderful group of people can and will mean to this little safehaven down here. Goldrunner I remember what you said over a year ago . We have a lot to offer. Silver to the Roaring 20’s yes!

Hi Goldballoon,  Trigold here,   jumping up with hand held high yelling “I got it   I got it”.     That beautiful picture is an excellent shot of the Great Sands Dunes National Monument located in the San Luis valley of southern Colorado.   And I’m a Texan.  Who’d a thunk it.

The mountain crossing just east of the dunes is Mosca pass.  Spent some time there.  Yes isolated and lightly populated.  I have hunted that area and nearby for 20 plus years.  My home away from home. 

The white object must be Pikes peak area.

You have seen it from an angle I have only dreamed of as I watched eagles circle above me on a lazy October morning.    

  Thanks for sharing.

JAPAN STOCKS SLIDE ON RENEWED ECONOMY, CREDIT FEARS.

TOKYO, Feb 15 (Reuters) - Japanese stocks slid nearly 2 percent on Friday as worries flared anew about the U.S. economy and fallout from the credit crisis, with Millea Holdings and other insurers sliding.

Advantest Corp and other chip-related shares fell after their U.S. peers tumbled.

The drop came a day after the benchmark Nikkei .N225 notched its biggest one-day percentage gain in six years.

Federal Reserve Chairman Ben Bernanke painted a sombre picture of a U.S. economy facing risks of both slow growth and inflation in testimony to Congress, setting off a Wall Street slide.

The fall picked up steam after Moody’s downgraded bond insurer FGIC, raising the possibility of more asset writedowns by banks and funds holding securities and adding to credit worries already stoked after Swiss bank UBS revealed tens of billions of dollars in risky debt exposure.

“Although both the U.S. and Japan had surprisingly good indicators out this week, if you look at the actual contents they weren’t really that good,” said Yutaka Miura, a senior technical analyst at Shinko Securities.

“Add in Bernanke, the ratings cut and UBS, and it’s clear that the subprime worries are still there.”

Others said investors were now zeroing in on the economy as their main trading factor.

“It’s the economy, basically, that everyone’s watching, with Bernanke’s comments strengthening concerns that the outlook is bad overall,” said Tomomi Yamashita, a fund manager at Shinkin Asset Management.

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Asia/Pacific Region……..getting ripped, but not totally zapped and unable to penetrate recent lows.

finance.yahoo.com/intlindices?e=asia

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Aussie GOLD stocks……..mixed

tinyurl.com/rb8sc

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The Precious Metals…..holding steady, but making the weirdest looking chart patterns on Kitco the last 2 days…..

www.gold-eagle.com/intra-daykit.html

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And the US $$$$………….

tinyurl.com/2voq5s

And there you have it!

Around the world……..backwards!

JBI

16,082,522………………….

Somewhere in the San Juans?

You got that right. I learned my lesson, hesitating. I remember thinking to myseld silver was expensive when I could buy it at 11 oz, bought about 10 regular eagles, a 10oz bar, a  with some other orders at different sites for best prices. Thinking it might drop to 9, I had a few more dollars to spend but waited,well it went to 13, then bought a few, then it  kept going. Yikes. It’s hard to say what it will do, besides price me out. So yes grab it when you can. If it goes inverse, not likely for near future, next rise grandkids will have college money. I remember when I went to Reno a few yrs back and played the tables, craps, they would alway try to gip me out of the 50 cent kennedys you get (plus 50) cents, on bets, and then encourage me to cash them in. I kept them instead, got quite a handful.Probably not worth more than their face value, but kept them anyways.

Ok, coming up……LOL!

JBI

About electric cars. Do you you see the correlation of what it will do to the electricity bill. Might be a problem. But maybe not for tenters if it starts happening to postition yourself in Electric power stocks when over sold and wind, solar, to keep prices comfortable, for the yrs to come…and to keep an eye out for those emerging ones..all advice is welcome..if it happens, and probably will. Maybe will equal a long investment with slow but regular gains..who knows.

Did I miss it?    OR are you a little tardy with the Asian report tonight?  

when to buy the sage of wexford

BOTH GOLD AND SILVER ARE GOING TO PRICE LEVELS OVER THE NEXT 5 YEARS THAT MOST OF US COULD NOT EVEN IMAGINE TODAY. I still think $3,200 Gold and $120 Silver is possible (no legal types are allowed to read these pages!), but I have no crystal ball or the one I do have needs Windex. But in 2013, I want to be in much more Bullion than Dollars whether they take the form of Stocks, Real Estate, Bonds, or Money Markets.

And do not attempt to time the Gold and Silver markets as to a price to pick up x number of ounces of either.

“WHEN YOU GOT THE DOUGH, GO!”

DJ * Greenspan: ‘Nuclear’ Makes ‘Most Sense’ To Generate Power

Advantage Greenie - spanning the globe, with free subs to the moose….personal home delivery,even…..lol.

JBI

DJ * Greenspan: ‘Find A Way To Move Cars To Electric’