Loading ...Auandag - the other interesting thing about the Edelson article is that he’s another in a growing chorus of people who are talking about dollar de-valuation.
Aurum - bought some DBA today as well. Don’t know if that puts you with good or bad company. 
………Richard 640………about freaking time Russell got it !……..sheesh !
How’s everything going on the east coast? What are your thoughts on xlf at this time? I knew you had started averaging into a position a while back. Are you still holding and have you finished accumulating… Thanks & take care … Sfoxx
I got tell you I stared at that picture for a 5 mins with that “oh shite” expression on my face. guy in the middle needed a new pair of shorts if he’s still alive while the guy above in cufflinks is glad where he’s sitting. The odd one on the far left is looking like he’s seen this play 4 of 5 times and the one on the right is having as serious religious experience. Also the other pictures from that site were a riot. Thanks…and cheers to you…
If you don’t want to buy or have the sheckles for a mint box of eagles, you can get them at Gainesville Coins for $14.41. Not quite as good of a price as Coloradogolds price but not bad for smaller orders.
Best
Dusty
PS: I have ordered from them before, very prompt service.
read that article by Edelson. Only in all our dreams, if it were true then this latest smackdown of gold will have been the greatest theft of wealth known to man.
BTW - Watched a little of “Fast Money” on CNBC tonight. Guy Adami (who hates gold) said something interesting and sorta under his breath. He said there were some strange things going on with the December contracts and that the commodities might have bottomed.
Since I consider all those guys to have priviledged info, I wonder what he’s hearing?
Sorry about the rude welcome at the crack of dawn. Been around these boards for awhile it drives me nuts to see bashers come out of the woodwork on important turn dates. Enjoy, looks like you’ve been lurker for some time so I’m sure you know everybody.
————————————–
The daily chart of the buck is pretty interesting from a technical perspective. RSI definite neg divergence. Potential double top with a bearish engulfing candle today. MACD doing a nice kiss from the underside. Looks good for a trade with a stop at new high and profits at the 50 dma. Really a weird day on several levels. S&P was IN THE ABYSS today you can bet the ivy league under 30 financial advisors were peeing in their pants as they watched it go over the edge. You can bet that many sold those new lows or added shorts.
The top to bottom hammer in the PM shares was wild. Nearly impossible fuly take advantage of, but if you had sold the opening bell, bought the lows and sold the close you could have made over 30% on several good stocks. That’s in a day - on the common equity. A return that usually takes the street 3 years in a bull market - presto. Total FULL MOON crazy action! And did you see that nice, nice lower-low on the gold indexes?
Low risk area with a stop at below today’s lows. Technically speaking, I hated the S&P lower low today, but in retrospect with the closing action it seems pretty damn good. Reality could also set in in a couple of days and we could see a SM ‘W’ bottom turn into a small right shoulder and then thru the neckline to much lower lows with the buck heading up for a final 5th wave arse kicking. Make no mistake only the tape knows for sure.
……….Saved that one…………….Priceless………….thanks for the laugh !
I relish the thought of that meeting someday! It’s gettin’ about time. I sometimes feel I know these here better than many I see on a daily basis.
All the best.——-aggie.
I have some ideas about his model - and I think you may be right he is as good as looking ahead can get.
aurum
It’s a cryin’ shame ya had ta remind us…..Good to see ya Highneb!
All the best.——-aggie.
Thursday November 13, 5:24 pm ET
COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Coeur d’Alene Mines Corporation (NYSE:CDE - News)(TSX:CDM - News)(ASX:CXC - News) today announced that it has received notice from the New York Stock Exchange (“NYSE”) that the Company has fallen below the NYSE’s continued listing standard relating to minimum share price. This standard requires that a company’s common stock trade at a minimum average closing share price of $1.00 during any consecutive 30-day trading period. The Company has notified the NYSE that it intends to comply with the price condition.
“We continue to believe that Coeur is well positioned to capitalize on the significant growth projects that are now in the process of coming on-line,” said Dennis E. Wheeler, Chairman, President and Chief Executive Officer. “With production at our San Bartolomé silver mine in Bolivia now reaching full capacity and our Palmarejo silver-gold project in Mexico on-budget and on-schedule for a March 2009 start up, we expect to produce significantly more silver and gold over the coming months at lower cost than we have in the past. The expected additional revenue combined with other corporate initiatives aimed at streamlining costs will put the Company on a strong footing and help it satisfy the NYSE price condition.”
