Charmin Posted September 17, 2010 Author Report Share Posted September 17, 2010 Soros warns of gold bubble. http://www.thestreet...?cm_ven=GOOGLEN I wonder if he is selling his gold? Doubt it. Maybe he's trying to short it like Fly trying to short gold stocks "Fly Short: AEM Thursday, September 16, 2010 at 1:51 pm I sold short 2,000 AEM @ $67.61. I intend to sell short this overpriced pig a great deal, up to $71." http://ibankcoin.com/flyblog/2010/09/16/fly-short-aem/ I hope the grind kills all shorts in precious metals Link to comment Share on other sites More sharing options...
Ageka Posted September 17, 2010 Report Share Posted September 17, 2010 " I am cleaning house this year : AU, HMY, Drooy completely gone after ten years duh" Ageka, Id stay with Drooy as they are now a cleanup company for the mine tailings in SA. They have dumped most deep mines so in essence they have 25 years of tailings to process for the big boys, already dug up and containing minor amounts of gold. Kind of like the people who buy old computers and cell phones to mine the few milligrams of gold in each. They are completing a pipeline to double the take from the old dumps, wash out the gold, and send the residue to where it came from. Drooy is so low on the totem pole no one wants the job but in essence they are a garbage cleanup company for gold flecks.Even then I expect the dumps to produce several hundred thousand ounces per year and last over 20 years. With the ever present electricity shortages and strikes for wage increases I am going to stay out I put that money in Lake Shore Gold Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted September 17, 2010 Report Share Posted September 17, 2010 Readying to break $1300 and $21.......kool. Link to comment Share on other sites More sharing options...
AgentSmith Posted September 17, 2010 Report Share Posted September 17, 2010 AMC.TO from .14 to .18 since volume alert. I sold a few my trading shares for quick gains and already redeployed capital (roll roll roll!). .142 purchased, .169 sold (20 min. ago). holding majority of shares (80%) for big upside coming. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted September 17, 2010 Report Share Posted September 17, 2010 You guys were talking uranium so I was checking out URRE and tried for a few shares yesterday. Did a limit at .85 and only got a partial fill in one account and went market the another account and filled at two prices .88 and .87. Link to comment Share on other sites More sharing options...
Private Skidmark Posted September 17, 2010 Report Share Posted September 17, 2010 AMC.TO from .14 to .18 since volume alert. I sold a few my trading shares for quick gains and already redeployed capital (roll roll roll!). .142 purchased, .169 sold (20 min. ago). holding majority of shares (80%) for big upside coming. And then to 0.21. Awesome call on this, Agent. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted September 17, 2010 Report Share Posted September 17, 2010 I guess you would call today profit taking offset by continued buying. I prefer a steady climb while spot might be considered to be spiking the miners are still lethargic, no panic has set in yet. Sold all the URRE, roll the winnings into something else. Link to comment Share on other sites More sharing options...
AgentSmith Posted September 17, 2010 Report Share Posted September 17, 2010 And then to 0.21. Awesome call on this, Agent. I was out all afternoon...just reviewing now. Wow, it hit .225 on 20m shares!! It looks like w/ 20 minutes left in the day, it from .205 to .18 (some big trades went through at that point). I feel I will easily get free shares on this one. Link to comment Share on other sites More sharing options...
Ageka Posted September 18, 2010 Report Share Posted September 18, 2010 In euro gold spot went down this week though most of my gold miners ended higher for the week in euro . All oscillators are showing a blow off is a coming soon . But the difference can easily be another 20% missed or gained . Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted September 19, 2010 Report Share Posted September 19, 2010 Since it is Sunday.... Say Goodbye to Sunspots? Actually, sun spots are caused by evil capitalist sun dwellers who make up 5% of the sun’s population but use 20% of its energy. Link to comment Share on other sites More sharing options...
AgentSmith Posted September 20, 2010 Report Share Posted September 20, 2010 Volume alert on MTO.V - not as severe as the other examples but it's there. Their 43-101 on Barry was released Thursday but the news will be out tomorrow. Link to comment Share on other sites More sharing options...
dharma Posted September 20, 2010 Report Share Posted September 20, 2010 still think before this leg is through , we have a mini blowoff. i am peeling away some explorers here. they are thinly traded, so while the volume is there , i am using the opportunity . i am still on margin. 1325 will be seen before this leg is spent. viability of fiat will come into question before the bull breathes its last. gold =money fiat=debt. not a subtle difference. dharma the aden sisters, interesting to me that they mention, gold hasnt had a steep correction in 2years, i think one is right around the corner http://www.321gold.com/editorials/aden/aden092010.html clive maud http://www.clivemaund.com/article.php?art_id=68 exit harry shultz http://www.marketwatch.com/story/exit-harry-schultz-pursued-by-a-bear-2010-09-16 Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted September 20, 2010 Report Share Posted September 20, 2010 Typical price movements this time of year tops out around the end of November or beginning of December. There will be some more pullbacks in the next couple of months but so far they have been very shallow. Rainy River cracks me up. Cost as much as NG already. Can only surmise the price is based on management. If they can't make a buck, no one can. Exited BAA bought back into URRE. Looked into USSIF.pk has a foreign $70 trading fee attached in my brokerage, passed on it. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted September 21, 2010 Report Share Posted September 21, 2010 I convinced a flight attendant friend to let me handle her 401k and put all monies in bond funds. Avoided the crashes and missed retraces but preserved principal. Then her company recently changed plans with access to self directed trading, a full brokerage account through Hewitt Financial. I said, if I'm not a complete idiot, you will do better in some miners. Started with 12k now up to almost 15k in less than 2 months. Bull or not remind me to sell for profits. Even spot one year still looks tame. 60 day spot a thing of beauty. Link to comment Share on other sites More sharing options...
Ageka Posted September 21, 2010 Report Share Posted September 21, 2010 Intresting behaviour Bearvest not posting and dharma and whadda looking for more I am 97.5% invested and looking for signs I have to take some of the table , but not seeing any signs yet I think this bull leg is going to surprise anybody again Link to comment Share on other sites More sharing options...
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