Oldtent Archives 2007 - 2008

On a lighter note - A good purpose for all of us when we are all wealthy would be for us gold bugs to get together, buy out the Fed Reserve, establish the Gold Standard and put Ron Paul into the White House.  Wanka and Fullgoldcrown would be up there somewhere to supervise and the Aussie Gold Bugs with  me to keep them in line could be your  overseas representatives.

What could be better!!!

mr irish thanks for the thoughts .. and keep those home fires burning ..

You have a better grasp on this stuff than that. Come on now, just because I talked to you ,and gave you tips about the option’s don’t….wait a minute..I think we identified your problem.haaaaaa I was reading from the Masters and Johnson book the night I told you about options….wrong options sorry.

I Smell a ………

Just back from the Maudy Thursday stint at church. Geez it goes on and on!
Don’t know exactly the reason yet but I prayed for the roadmap…I worry not ,for I know it is a good move. The kids ,Farmgal ,man everybody got a few prayers tonight. And all of you especially were in my thoughts..no matter what happens ,when or where, we are all richer for having found one another. Wherever a tenter goes,he or she will bring joy and happiness to that area. There is not one iota of doubt,that we were put together for a much deeper purpose than what we have envisioned so far. Gold,we have it,silver ,we have it,Yen options ,we have them,even a Ment,we got one of those too…what the heck else could we want.Haaaaa

Scroll down to Silver And In big Letters… “SOLD OUT”

http://tulving.com/goldbull.html#silver

And At this site Apmex.com;

Dear Valued Customer,

Due to the OVERWHELMING demand for precious metals, our online ordering system has been unable to keep up with our customers’ needs.  We have had to disable the APMEX ordering system to allow us ample time to upgrade our site to accommodate the increased demand.  We apologize for this temporary problem.  In the mean time, we will be accepting telephone orders for the following items only as we have them available:

               • 1 ounce Gold American Eagles
               • 1 ounce Gold Canadian Maple Leafs
               • 1 Ounce Gold Krugerrands
               • 100 oz Silver Bars
               • Misc Generic .999 Fine Silver
               • 90% Coin Silver

During this time, we will have a minimum order of $5,000.  We regret we have had to make this drastic change to our ordering process and rest assured, we are working expeditiously to correct the problem.  As soon as we have our new site up and running, we will notify you via e-mail when you can again place orders online.

You may contact us during normal business hours Monday – Friday 7:30 am – 4:00 pm cst. (800) 375-9006

If you have existing orders with us, we have in-stock all items needed to fulfill your orders and are shipping them as scheduled.  Once our new site is functional, we will be able to activate our complete inventory line again.
Respectfully,

Scott Thomas
President & CEO

P.S.        We are actively looking for new bullion inventory to purchase.  If you have items that total $2,500 or more and are interested in selling, please call our trading offices at the number listed above.  We are paying strong numbers for ALL Precious Metals!

……….

Funny, I read your post as an attempt at satire or a spoof, since every statement was bass ackward

Buying Puts and Calls you can only lose what the cost of the Put or Call cost - nothing more.  That is what you said in the first sentence below.  

Where you meaning to talk about futures in the second sentence?   Off to bed I go, have a good weekend.

“In options trading you can only lose what you pay up front. It is my understanding that in puts and calls you can lose more than your initial investment.”

Since when is a long option not a call or a short option not a put? Ah yes selling puts and calls is much more dangerous. Leap puts and calls are safer - I only lost ——- more than I can bear to say on them when they first came on the market. Good luck. If  you are successful in two years, I want an “option” to hire you as my consultant! Deadeye

The first two are the closest to the ones I could not post.  The garden is gorgeous and thank you for sharing!  You are hereby designated the official Tent Adventurer.

and ran across this little article from Minyanville.

http://www.minyanville.com/articles/gold-GSS-xau-BAA-MRB/index/a/16351/from/yahoo

 I still think at some point we need the shares to lead. When is anyone’s guess.

Just checking in since I haven’t heard how life in the north east has been lately… Are the coin shops still dealing?  Is spring break going beautifully?

too much lower, as Norcini’s chart on jsmineset  says major support is at $860, and JS says $887.50 should be support.  So there is a bit more room, but not much, for getting some more bargain prices for purchase of physical that could be even better than today’s bargain prices.

I’ve been experimenting with play money (the kind you pay for an education) in options in currencies — in the yen.  And tonight the yen is the only green in the currencies so I am a happy owner of a call option.  It is so strange to increase the bank account without having to pick up a shovel, just the willingness to take risk with capitol.  I am beginning to study silver options.  But so far in about a month or so I am up 400%.

In options trading you can only lose what you pay up front. It is my understanding that in puts and calls you can lose more than your initial investment.  Since I have withdrawn my initial investment I can claim that I am not playing with “house money”.  But profit of a few lots of 31 grams Au will be required once in a while or I will have to quit this side business.

Before today’s drop in silver spot price, for a 10-ounce silver bar yesterday I had to pay $20/ounce (in Canadian dollars, which at that moment was already in an unusual tailspin against the US dollar).  Would have been cheaper to buy silver  today, but who will care about yesterday’s price when it is $30, then $50 per ounce.  Cheers.  Equiz.