frankq
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Post by frankq on Apr 5, 2013 22:25:24 GMT -5
Happy birthday Steady
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mmhmm
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Post by mmhmm on Apr 5, 2013 22:35:48 GMT -5
Good for you, sunrnr. I know it's hard for those who really love their coffee to cut back. I watched mother do so. That's why I don't mind buying the more expensive coffee. She deserves the reward!
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frankq
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Post by frankq on Apr 6, 2013 10:36:29 GMT -5
Call remains the same and this new week should bring a fresh look added to,
GOLD & SILVER Going Higher! WAY Higher!
More of the same just to bump the thread.....
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frankq
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Post by frankq on Apr 6, 2013 10:52:15 GMT -5
Ok boys. This could be the week to pull the trigger on some GLD.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 7, 2013 11:23:52 GMT -5
The signs will become very clear, I couldn't agree more..
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 8, 2013 11:28:00 GMT -5
Exactly Mr.Z, and if earning are anything but terrible it's not going to get any better for the gold bugs at this point. Even the latest EU crisis didn't send people running into metals.
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Post by Steady As She Goes on Apr 8, 2013 12:14:12 GMT -5
Thanks for the birthday wishes frankq and BiMetalAuPt. Time for coffee
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mmhmm
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Post by mmhmm on Apr 8, 2013 12:15:42 GMT -5
Happy birdy, two ewes, Steady!
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 8, 2013 12:18:11 GMT -5
Happy birdy, two ewes, Steady! Have a great day Steady!!
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Post by Steady As She Goes on Apr 8, 2013 14:04:24 GMT -5
Thanks for the Birthday wishes mmhmm and Aham.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 8, 2013 15:21:05 GMT -5
NP my friend... and many more!!
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sunrnr
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Post by sunrnr on Apr 8, 2013 16:27:34 GMT -5
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frankq
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Post by frankq on Apr 8, 2013 16:52:22 GMT -5
Absolutely......sans the kisses.....
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mmhmm
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Post by mmhmm on Apr 8, 2013 16:53:44 GMT -5
We're a little ahead of the curve on Aham's birthday, but I've never been one to hesitate when extending party time!
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frankq
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Post by frankq on Apr 8, 2013 17:43:41 GMT -5
Why Gold as a opportunity? Silly notion as it has been around since days of Rome and before.
If it's that silly, why do you pump it so.......
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frankq
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Post by frankq on Apr 9, 2013 16:19:53 GMT -5
Looks like we are passing by that 1600 gld mark this week as the debted paper ink is drowning behind the exposed curtain.
Gold & Silver Going Higher! WAY Higher! Yeah.......ok.......If I had a dollar every time that happened.....and another when it falls back......oh, well...another $350 and those who bought a couple of years ago will almost break even...... Gold and Silver still WAY BEHIND....
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frankq
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Post by frankq on Apr 10, 2013 12:16:58 GMT -5
Goldman is calling to short gold......
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bimetalaupt
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Post by bimetalaupt on Apr 10, 2013 13:01:05 GMT -5
Goldman is calling to short gold...... frankq The street used to say watch gold mining stocks for a hint on gold prices..GFI and GG was in the tank!!! BiMetalAuPt Gold Fields Ltd. (GFI) -NYSE 7.41 - 0.22(2.88%) 1:59PM EDT - Nasdaq Real Time Price
31.61 - 0.80(2.47%) 2:00PM EDT - Nasdaq Real Time Price
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frankq
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Post by frankq on Apr 10, 2013 13:35:08 GMT -5
Yeah, I think the concensus is to drive it much lower now that the Fed had put a tentative end date on QE.
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frankq
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Post by frankq on Apr 10, 2013 15:44:00 GMT -5
After the gold reports today, I'm feeling pretty good about not making any trades......Looks like gold may fall further than I thought. Goldman is talking $1200 within a year as a possibility....
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 10, 2013 17:37:40 GMT -5
Won't be long before they are calling for $900-$1100.. TooT TooT! If I were more of a betting man maybe some DZZ? It really doesn't look like gold is going much higher...
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bimetalaupt
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Post by bimetalaupt on Apr 10, 2013 22:02:18 GMT -5
Ok boys. This could be the week to pull the trigger on some GLD. FrankQ, I know the floor manager for Smith Barney, he was know for being a great trader..He told me he had the habit of selling too soon!!!No one went broke taking money off the stock market.. Now shorting the T-Bond is something else.. There is a reason they call it the "Widows Trade"...50/50 stocks and bonds has paid for a lot of retirements. Just a thought, BiMetalAuPt
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 11, 2013 4:16:18 GMT -5
I know that a mix of stocks, bonds, and taking money off the table every once and a while will pay for my retirement... Shorting anything could be the Widows trade, JMO...
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sunrnr
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Post by sunrnr on Apr 11, 2013 9:09:04 GMT -5
Hummmm ... price of gold hit a two year low. Seems the goldbugs are starting to awaken to the realization inflation isn't in the cards yet in-spite of all the clickity-click. In fact, we're still in the throes of deflation. Seems all that money is going into bank vaults around the world instead of on the streets to be used. The velocity of money has been tanking since 2007-2008. Who'd a thunk it? HOOT!HOOT!
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sunrnr
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Post by sunrnr on Apr 11, 2013 10:11:10 GMT -5
not any time soon ..... hoot!hoot!
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frankq
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Post by frankq on Apr 11, 2013 16:40:42 GMT -5
The so called legit plunging that NEVER transpired.
Really? You've got to read up a little more....it's happening now... Oh, pensions are looking pretty good since the market recovery and hitting of new highs. and since pension funds dollar cost average, they have actually made a ton of money invested post 2008 on average. Of course, that assumes that the pension trustees were funding those funds as they should. Hopefully, those who rely on 401K's have kept the faith. They most certainly are being rewarded now. Thank you stock markets......
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frankq
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Post by frankq on Apr 11, 2013 19:01:36 GMT -5
The turn in the gold price cycle is accelerating after a 12-year rally as the recovery in the U.S. economy gains momentum, according to Goldman Sachs Group Inc., which reduced forecasts for the metal through 2014. Gold dropped 5.8 percent this year on speculation that the Federal Reserve may pare its stimulus amid an economic recovery. The gold price is in bubble territory, Societe Generale SA said in an April 2 report. Assets in the SPDR Gold Trust, the biggest exchange-traded fund backed by bullion, declined to about 1,200 metric tons yesterday, the least since June 2011. Deutsche Bank AG cut its 2013 gold outlook yesterday by 12 percent, citing a strengthening dollar and a lack of haven buying.
“Despite resurgence in euro-area risk aversion and disappointing U.S. economic data, gold prices are unchanged over the past month, highlighting how conviction in holding gold is quickly waning,” the Goldman analysts wrote in the report. “While higher inflation may be the catalyst for the next gold cycle, this is likely several years away.”
www.bloomberg.com/news/2013-04-10/goldman-lowers-gold-price-forecast-through-2014-as-cycle-turns.html
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frankq
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Post by frankq on Apr 12, 2013 14:11:41 GMT -5
The so called legit plunging that NEVER transpired.
Jeez........gold is getting beaten even worse than I thought it would at this point...........holy cow.......
The moral of the story here for you kids at home...... you never, never, never , never, never, never fall in love with an investment............
Sooner of later, more likely than not, that Hotty is going to turn into a Notty...................
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 12, 2013 16:54:23 GMT -5
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frankq
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Post by frankq on Apr 12, 2013 18:44:10 GMT -5
LOL!! Nice. Hey, I closed out most of my positions today. Couldn't pass up the gains. Just wanted to disclose in case it comes up later with our BFF's in some future discussion. Correction has to be on the way. Good time to buy back in then.....
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