Loading ...your not the only one that still has some paper from higher up, I have some at 450HUI came in for some at 355 and then some more last Friday at 333HUI, but I’m watching the weekly DTL and once we break to the upside I’ll grab what I have left. Now I’m wondering if the 65 ema is resitance now? will sell some if we get around there and hold the rest. thanks for the comments.
stockcharts.com/h-sc/ui?s=&p=W&yr=1&mn=0&dy=0&id=p84247703385
But God told me not to discuss with anyone who didn’t get an e-mail!
…..I actualy got the e mail..
……and it said…
……You Goldbugs are having no fun….you may as well join the Fiat Misbehaving Party…cause I’m gonna soon blow you all away….and start over anyhow !
….I think I’ll e him back and ask if we can at least have a rally in the POG in the meantime….
…..saved the story at Humour Paradise
The U.S. regulator’s order banned so-called naked short- selling of Fannie Mae, Freddie Mac and 17 investment banks, whose collapse might expose the U.S. government to losses.
The CHART OF THE DAY shows the market value of the 19 SEC- protected companies soaring 26 percent, or $270 billion, since the July 15 announcement. Still, that gain only returned the banks to their valuation on Monday, March 17, the day of JPMorgan Chase & Co.’s buyout of Bear Stearns, which was facing bankruptcy after billions of subprime-mortgage linked losses.
http://www.bloomberg.com/apps/news?pid=20601109&sid=ajtpSnlu9×0M&refer=home
You wanted to know a bit about me. Yes, I hail from Ohio, the state named after an attractive but otherwise useless nut. As for my PM experience, I guess you could say it started in my days as a paperboy/coin collector, when I accumulated a small stash of silver coins back when they were in common use. I remember the first clad quarter I saw, how cheap it looked, and decided to take as much silver out of circulation as my small budget allowed. Then came university, a wife and four kids, establishing my practice, etc. With no money to speak of, I had to sit out the big move of the seventies, occasionally buying a few coins and saving the gold scrap from dental castings. (yes, i even cast my own gold crowns in those days)
Fast forward twenty years and I am checking out the y2k thing on Gary North’s site; it’s 1998 or thereabouts. One of the links on his site led me to gold-eagle and there I read the Frank Veneroso study of how gold was being secretly sold from central bank sources, keeping the price under control. It was for me an eye opener, and I resolved to educate myself in the matter, reading everything I could on the ge site and others. I shifted what money I had from mutual funds to individual stocks, including, but not limited to pm stocks, studied what I could about investing in general, TA, FA, you name it. I know a lot more now, but of course, I’m far from an expert. I was very fortunate, I realize, to get in early.
Right now, my biggest exposures in PM shares is in companie with big deposits, coming into production or in advanced feasibility studies. I have a few shares in established majors and a bunch of small bets on lottery ticket explorers. Some favorites are ssri, ecuxf,aunff,mneaf,mfn,sa,ng,nak- you get the idea. I also have my physical, which, thanks to the recent washout, is approaching the value of my shares. As for how I am weathering this debacle, I ask two questions, One -Do I have at least as many mineable, in-the-ground ounces in good locations under good management represented by my shares, as I did before? Two–Do I see an investment area that I believe will outperform the PM shares over the near-term future? For me, the answers are “yes” and “no”, in that order, so, for my core position, about 80 percent of my holdings, for me, I am sitting tight for now, and this morning I have even rotated some of my non resource stocks into bargain basement miners. Yes, I do a bit of trading using technical analysis, but my confidence level here only lets me do it with about a fifth of my holdings. One more thing, since I don’t know what is coming down the pike, I am probably more diversified in my assets than most gold bugs, if you aren’t sure of what you are doing, diversification is probably a good thing, it has saved me from much of the pain of the last few weeks.
…How in hell does a guy who looks like you…write such riviting and entertaining prose like that ?
One day God was looking down at earth and saw all of the misbehaving that was going on. So he called one of his angels to go to Earth for a time.
When he returned, the angel told God, ‘Yes, it is bad on Earth; 95% are misbehaving and only 5% are not.’
God thought for a moment and said, ‘Maybe I had better send down another angel to get a second opinion’
So God called another angel and sent him to Earth for a time too.
When the angel returned he went to God and said, ‘Yes, it’s true. The Earth is in decline; 95% are misbehaving, but 5% are being good.’
God was not pleased. So he decided to
e-mail the 5% who were good, because he wanted to encourage them, give them a little something to help them keep going.
Do you know what the e-mail said?
No?
Okay, just checking with you. I didn’t get one either….
Happy to have all the new people and opinions….please feel free to ignore anything I post 
Congrats on your progress!!! All the best.
was one of the stocks that I recommended on IMDB. I posted the chart and recommended buying at 49. I sold and so posted at 82 saying to sell. The charts and history etc. are on IMDB. It is a stock that I intend to buy again.
aurum
from IMDB: bought BHP at 49 - sold at 82
Many thanks for posting that link. Listening to that is an education all on its own.
Farmboy; great to see you posting. Congratulations on the 30 day. Seems like you have a good group there, and a wonderful sponsor. Wonderful news that you have made such an important new beginning. Cheers, TQ
goldenbuckeye & old yeller; welcome. Looking forward to seeing your posts.
aurum; great posts the past few days. I visited your beautiful state, but only briefly, back in 1970. I was staying in Malden Missouri for a few weeks, and made a few side trips. I bought some Red Wing boots in Cape Girardo, and did see the Mississippi.
butters @ 11:01 am on August 12, 2008; that is a good site imo. I like to read there. Today’s was particularly interesting due to the summary by George Ure of the financial friend’s thoughts about what is going on in the markets. A very different view, and imo and important one. It explains the relentless selling and breakdowns of the past months in the various indexes and sectors.
Maya, AuGirl; good to see the viewpoints there in the posts and linked articles.
Farmboy, again; thanks for posting the snips from Another.
That is a stock that ment recommended - or at least said he bought. He recommended really just a bit above where it is now - so not at or near the top as too often happens with some other posters. In fact, although I don’t buy individual stocks, I have been watching this and thinking about buying. There are things that ment and I don’t agree on - look back through our posts - but I have confidence in a stock he picks. However, don’t buy it on that idea - especially those folks that are already loaded with juniors. I have none so this would be my only position. And I would commit a very small amount to it.
aurum
Encouraging 10 year monthly chart of the giant miner, despite the almost 33% drubbing its stock has endured.
JBI
There are literally a 100 charts like this but it is as good an example as any(especially here)
