Oldtent Archives 2007 - 2008

did not look at the chart .gold has a tendency to go up today up 5 dollars ,10% then it has a tendency to go down the next week or so, . wanted to invest in gold .so sold the stock Gold . the profit was 125% .at 15% tax . if it goes up well leave some on the table for the others .. just sold at market ..

many times .. in my style i will follow a stock for a while glance at a chart make sure it is in my buying range then buy at market ..do my diligence i do not set any points to buy,, my style i could care less about a few lousy points.. when i sell i want to sell when i buy i want to buy.. and once again could care less if i miss by a penny or two,,

i do not short stock ieither i consider it immoral to sell something that is not mine.. if so let me sell a car or how about a house i could have sold the house short a year or two ago,, with out any ones knowledge ,, lol get full price use at my convience then replace it with one that is a few years old .. neat ,,,

You have a word with ways……..when you want to.

Your post of early today.  I read it wrong.

If you don’t mind stating —I would like to know what you saw in the chart of “Gold” to take a profit at this time.

That’s a relief.  I was beginning to think you were part of the cabal.

nope not selling real… where have you read that i am getting out of bullion just the opposite .. i have said load the manure wagon, sold the stock named gold ,,, will buy sat morning ..some gold and silver

went back over the posting a whole page is missing .. clarifying the sell gold issue a message from samb my reply

Selling your bullion?  This is a surprise. You have waited this long, why now?  What have you heard that the rest of us haven’t?

www.safehaven.com/article-10880.htm

with pretty charts ..

thanks .. still have plenty of gold/silver stocks .. will sell down between now and hui 1250 ..

then out of stocks .. and all realtionships, and contracts will be severed between the dumpster and the financial world .. except for some accounts in washington federal savings and loan the no ! rated bank in america for safety

that’s the plan and sticking with it..

may come in with play money for the final run to 4000 or so on the hui .. after the long consoldation is over,,

you can buy another stock with those proceeds as long as you do not sell that lot before the settlement date of the original sale which would be tuesday. but you already knew that. howdy from the garden state.

news.goldseek.com/RichardDaughty/1217570520.php

So if inflation is actually running at 12.6%, the interest paid on savings should be 15.6%? Even more sweet!

This prompted me to do a little research, and I found that in the whole universe there are only three species of organism where the majority of the population do not comprehend the horrific implications of inflation that is more than 3%, which is recognized everywhere in the cosmos as the cutoff between, “Mommy, I am scared!” and “Mommy, something big and ugly ate daddy, and it is looking at us and licking its lips!”

But since I don’t want to get into a big argument about the relative stupidity of Earth creatures versus, for instance, the Glarth species on Remulac V, which are actually a kind of slug, but which has a gold standard for their money and thus they keep their money supplies strictly controlled.

Instead, I want to look at how, with an “official rate of inflation” of 5%, the bank money market rate is 0.72%, a one-year certificate of deposit pays 2.25%, while a five year certificate of deposit pays 3.39%! Hell, the 30-year T-bond barely yields 4.6%! Hahaha! 8% on bank savings? In our dreams!

Mr. Hutchinson continues ominously, “The overall lesson is as usual bearish. Almost all the world has abandoned proper anti-inflationary discipline and is destined to suffer a period of high inflation and recession in the coming years.”

in the photo posted at 22:13, note the sloping fracture plane of the rock slabs that hang above the highway and railway- the fracture plane slopes down to the infrastructure below.  From ground level, north-south views of the remaining rock face (not posted at 22:13) , one can see significant overhang of the rock slabs that did not come down with this particular slide, so rehabilitation of the highway and railway is not just a matter of removing rock rubble that has now fallen, but also a matter of blasting off and then removing several other overhanging slabs that are going to come down someday if they are not partially removed now in the present clean-up of this massive rockfall.    Equiz.

(07-31) 18:12 PDT Washington — For weeks, pressure has been mounting in Congress to approve more domestic oil drilling, but House Speaker Nancy Pelosi has held the line, using her power to block a vote on offshore drilling.

President Bush has made almost daily calls for Democratic leaders to take action. House GOP leaders, citing a new poll showing that a slim majority of Californians now favor offshore drilling, issued a release today saying “even (Pelosi’s) own California neighbors oppose her efforts to block new drilling far off American coasts.” GOP lawmakers are so disgruntled they’re urging Bush to deny Congress its August break by calling a special session on energy.

Even some Democrats are getting antsy, fearing the party’s stance could hurt in the fall elections. But Pelosi, who has opposed offshore drilling throughout her two decades in Congress, insists opening new areas to drilling won’t lower gas prices in the short-term. She believes a vote would only help the GOP blame Democrats for high gas prices.

http://tinyurl.com/5wbmtn

 below is a link that has a photo of  ”A place NOT to hatch your dreams”.  This slide, along a highway linking Vancouver to Whistler, site of the 2010 Winter Olympics, is one of many slides that occur from time to time along this rugged terrain.

Ironically, Augirl and I had some Goldtent discussion not too long ago about the prospect of a field trip to a historical  mining site of interest that is near the rockslide pictured below if there was ever a meeting of Goldtenters in Vancouver.  (Note to any Goldtenters who had dreams of a field trip out of a Vancouver meeting - come with hard hats, and make sure you have your personal affairs in order ahead of time and say good bye to loved ones too before you set out north from Vancouver towards Whistler).

Cheers, on not an entirely cheery geological stability subject.  Equiz.

http://tinyurl.com/6qxyst

just under $900 U.S. dollars per ounce, as it did momentarily a couple of days ago, even if the price of oil is still showing reluctance to drop down to $100 U.S. dollars per barrel, do you think it’s time yet for me to pounce now on purchase of some more physical silver?  Alternatively, do you think I should wait for POG to more forcefully show a price below  $900 and oil to show a price just under $100 per barrel before I load up on some more silver?

While I wait for the market to let the above scenario unfold for me so that we can pick up some silver at a good price, I decided for this interim waiting period to today  pick up some shares of SGR.X, on a tip I got from a friend on Goldtent.  Cheers.  equiz.