sell! sell! sell!

[Dawoofdaddy]

do you know what happens to stocks when there is a depression?

You take pride at mocking others, as an exemple their 'buy and hold' strategy---surely you're not a hypocrite and advocating that anyone who followed that above rubbish to 'hold' are you?

<!-- / message -->

Not that its any indication of what will happen in future similar examples, but why dont you research what happened with gold stocks during 1930s depression.

I believe in buying and holding stocks that are in leading sectors. I still own all precious metals stocks ive posted in this thread.

Instead of quoting a post as you see fit from a month ago, how about looking at the posts since they were initially recommended? That post was made in reply to another poster that asked if I still held those stocks which I bought some time ago, not a month ago.

Whats comical is that you have decided to ghost. Most likely someone thats been reading about precious metals/commodity stocks here for a couple years or more, finally decided to buy, and is now sour since hes lost money.

Precious metals/commodity stocks Ive posted about here are net +, regardless whats happened to any of them the past month.

Shove your Halloween costume up your ass, ghost.

 

[tiznow]

asia tanked pretty good tonight along with a yen rally red tomorrow looking like the chalk

 

[Italianole]

If you're going to call someone out have the integrity to use your normal handle. That was absurd.

 

[tiznow]

Not that its any indication of what will happen in future similar examples, but why dont you research what happened with gold stocks during 1930s depression.

I believe in buying and holding stocks that are in leading sectors. I still own all precious metals stocks ive posted in this thread.

Instead of quoting a post as you see fit from a month ago, how about looking at the posts since they were initially recommended? That post was made in reply to another poster that asked if I still held those stocks which I bought some time ago, not a month ago.

Whats comical is that you have decided to ghost. Most likely someone thats been reading about precious metals/commodity stocks here for a couple years or more, finally decided to buy, and is now sour since hes lost money.

Precious metals/commodity stocks Ive posted about here are net +, regardless whats happened to any of them the past month.

Shove your Halloween costume up your ass, ghost.

we were on a pseduo gold standard during the depression whole different ballgame now....plus i think silver did pretty shitty during the depression cause not tied to a currency

when market crashed in 1987 gold/silver got creamed and they had a huge run up prior to it

 

[tiznow]

If you're going to call someone out have the integrity to use your normal handle. That was absurd.

:think2: i'm confused what is this in reference to

 

[Italianole]

Haha, not you or anything. I was referencing "valleyofthesun" on the previous page. If you're going to blow your lid on someone you shouldn't hide behind the safety of an unrecognizable name. Therx has had an extremely bad ghost problem since I've been here.

 

[Dawoofdaddy]

Tiznow, what I dont understand about your gold posts is that you continuously talk about gold getting hammered, and a few posts later you post about having a sizable portion of your portfolio in physical gold.

All the while, Im still seeing gold above or near $800.

Same situation regarding oil.

If you are so confident the market and economy are going to fall and it will take precious metals down also for the ride, I dont understand why you own pm.

If you are trading in and out of pm it would make more sense, but you havent posted you are doing that, so Im not sure whether you are just talking out of both sides of your mouth or actually a gold and silver bull.

I keep reading from you about various commodities falling, and recently the wheat market has done nothing less than explode to upside.

Commodities have been the place to be for several years now.

Could gold/silver get hammered if there was some type of economic collapse? Yes, of course, its possible for anything to fall. However, if the primary reason for the collapse was a complete wipeout of major us financial institutions, pm could also skyrocket, since there isnt enough supply of pm to go around compared to the amount of paper money.

However, with the current status of the us banking system, I feel pretty comfortable having a large portion of my assets in precious metals and other various commodities.

 

[Dawoofdaddy]

Haha, not you or anything. I was referencing "valleyofthesun" on the previous page. If you're going to blow your lid on someone you shouldn't hide behind the safety of an unrecognizable name. Therx has had an extremely bad ghost problem since I've been here.

Italianole, the ghost is probably a regular poster that for whatever reasons, instead of getting into something when it was posted about a long time ago, entered at an intermediate top, and instead of blaming himself, has decided to blame me.

The former gold thread has been bumped numerous times instead of starting numerous threads with similar or the same recommendations.

Other posters have voiced being irritated about that thread being bumped, so its probably safe to conclude this ghost is one of those posters.

Answering another part of the ghosts post, Im not planning to FOREVER buy and hold my commodity investments. The part of buy and hold I ridicule is thinking that they can buy and hold anything forever and it will guarantee profits.

 

[Railbird]

 

[Railbird]

I think were down 1 engine

 

[Dawoofdaddy]

"EXACTLY 4 WEEKS FROM TOMORROW, REGARDLESS OF PRICE MOVES UP OR DOWN BUY THE LISTED BELOW STOCKS:"

with the pending depression, DO THEY AVERAGE DOWN?

The answer is yes.

 

[Dawoofdaddy]

If I had to buy one stock and one stock only it would be SSRI (silver standard resources.

Divide your 75k into 15 (5k) pieces and this how I think you should invest it.

1. Tomorrow at market opening buy 5k worth of SSRI
2. Tomorrow at market opening buy 5k worth of PNPFF (pinetree)
3. Tomorrow at market opening buy 5k worth of AUY (yamana gold)
4. Tomorrow at market opening buy 5k worth of GG (gold corp)
5. Tomorrow at market opening buy 5k worth of AAUK (anglo platinum)


6-7. Tomorrow take 10k to a coin dealer in your city and buy or order (lock in price when ordering) 10k worth of gold kruggerands. Use any residual amount of funds from that 10k to buy any scrap pre 1964 silver quarters.

EXACTLY 4 WEEKS FROM TOMORROW, REGARDLESS OF PRICE MOVES UP OR DOWN BUY THE LISTED BELOW STOCKS:

8. Buy 5k worth of SSRI
9. Buy 5k worth of PNPFF
10. Buy 5k worth of AUY
11. Buy 5k worth of PAAS (pan am silver)
12. Buy 5k worth of GOLD (randgold)
13. Buy 5k worth of SLW (silver wheaton)

14-15-15a. Go to same coin dealer and buy 10k worth of gold k-rands. If any residual is left out of that 10k, if you dont already own a pistol or shotgun for your home, buy one of each and dont forget to buy extra ammo.

That should complete your 75k.

Actually this is what was posted.





hola

 

[Dawoofdaddy]

Seems that the ghost valleyofthesun is from toronto area.

A ghost, but not someone that posts in political forum, or someone that even posts often at all, so no reason to mention it again.

How much sun do you have in that valley named toronto these days fucktard?

Next time you would like to bash me, just go ahead and use your regular posting name.

:nohead:

 

[tiznow]

Tiznow, what I dont understand about your gold posts is that you continuously talk about gold getting hammered, and a few posts later you post about having a sizable portion of your portfolio in physical gold.

All the while, Im still seeing gold above or near $800.

Same situation regarding oil.

If you are so confident the market and economy are going to fall and it will take precious metals down also for the ride, I dont understand why you own pm.

If you are trading in and out of pm it would make more sense, but you havent posted you are doing that, so Im not sure whether you are just talking out of both sides of your mouth or actually a gold and silver bull.

I keep reading from you about various commodities falling, and recently the wheat market has done nothing less than explode to upside.

Commodities have been the place to be for several years now.

Could gold/silver get hammered if there was some type of economic collapse? Yes, of course, its possible for anything to fall. However, if the primary reason for the collapse was a complete wipeout of major us financial institutions, pm could also skyrocket, since there isnt enough supply of pm to go around compared to the amount of paper money.

However, with the current status of the us banking system, I feel pretty comfortable having a large portion of my assets in precious metals and other various commodities.

15-20% or so of overall net wealth in physical gold

i don't know what the end game is just saying if markets do get crushed if we have a depression type scenerio which you talk about (which will obviously involved a initial crash in that case most likely) i'm expecting gold to get hit in the face pretty good especially the PMs themselves

---------------------------------------------

oopsie wholesale inflation up most in 34 years more cuts!!! please!!!

 

[Dawoofdaddy]

Yeah, its shaping up as another ugly day for financial stocks.

What I see happening is price decreases with things such as housing and price increases with things such as food, energy, and precious metals.

 

[tiznow]

Yeah, its shaping up as another ugly day for financial stocks.

What I see happening is price decreases with things such as housing and price increases with things such as food, energy, and precious metals.

just marching down the volitile staircase of a nasty bear

should reach a lower low than the last one on this leg down

2000-2002 had alot of sharp V shaped rallies like the most recent one

 

[tiznow]

more muslim money pumped in, buying up our country left and right, bank of america and now DOW of late

-----------------------------------------------------------

Kuwaiti Co. $9.5B on Dow Chem Venture
Thursday December 13, 7:18 am ET
Dow Chemical Sells 50 Percent of 5 Global Businesses to Kuwaiti Company for $9.5 Billion

MIDLAND, Mich. (AP) -- Dow Chemical Co. will sell a 50 percent interest in five of its global businesses to a Kuwaiti company for about $9.5 billion to form a new joint petrochemicals venture, the company said Thursday.

Dow said the transaction with Petrochemical Industries Co., a subsidiary of state-owned Kuwait Petroleum Corp., is subject to the completion of definitive agreements and regulatory approvals.

Dow expects the deal to close in late 2008.

The joint venture will be based in the U.S. and will employ more than 5,000 people worldwide, mostly current Dow employees, the company said. The new company will be 50 percent owned by Midland-based Dow and PIC.

 

[Dawoofdaddy]

Of course you already know this, but alot of people dont yet realize much of this current bear market is being concealed via inflation.

Much like the 1970s bear market.

However, now we have much worse demographics, trade deficit, overall debt, and unfunded liabilities than we had during the 1970s.

We have to make 15% a year just to keep up with inflation and the implied risk premium for owning stocks vs. tbills or bank cds.

 

[tiznow]

well i've said it before if you take things in nominal terms the secular bear started in 2000 IMO

we've had a cyclical bull in between (obvioulsy in nominal terms we are up from 2002 lows), time to get back to more bear fun

based on averages the secular bear will be over in 2017

plus the print bitches take on lots of debt that was behind alot of the last 5 years can't fly anymore, when those that were supplying the debt are in some trouble and taking much more strict credit practices

 

[Dawoofdaddy]

well i've said it before if you take things in nominal terms the secular bear started in 2000 IMO

And there are alot of stocks that werent part of the internet/nasdaq rally that topped in 1998 or prior.

Thats 10 years of 0% nominal returns.

After including inflation, the risk free rate that could have been earned owning t bills/cd, and its completely wiped out.