cwd Posted February 27, 2008 Report Share Posted February 27, 2008 Homies up almost a percent. I guess they liked the sales number. -2.8% vs -0.7%. 647406[/snapback] XHB, up 2%. I guess the bottom must be in Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2008 Report Share Posted February 27, 2008 The buy-sell spreads on Goldmoney are pretty wide. I don't see what the advantage would be over GLD. Link to comment Share on other sites More sharing options...
stoolbob-brownpants Posted February 27, 2008 Report Share Posted February 27, 2008 I have no idea. 647408[/snapback] It depends on what kind of thief you are more concerned about stealing your savings at the current moment. Some will point a pistol at you and some will offer you a pen. Some will come with decrees and some with degrees. Some will come with an army and some will sneak around when you're not around. Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2008 Report Share Posted February 27, 2008 Test Link to comment Share on other sites More sharing options...
Lemur Posted February 27, 2008 Report Share Posted February 27, 2008 The buy-sell spreads on Goldmoney are pretty wide. I don't see what the advantage would be over GLD. 647411[/snapback] I am holding the gold there in a safe venue as a store of value so the buy sell spreads are not an issue in the overall scheme of things. Obviously if you want to trade it then thats a different matter. Given the way the dollar has been behaving lately, I prefer to take my chances with bullion rather than t-bills. Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2008 Report Share Posted February 27, 2008 I would think that GLD is safer than Goldmoney. Anyway, FNM is now up more than 10% on news of its massive losses. http://www.marketwatch.com/news/story/fann...8297B442C324%7D Link to comment Share on other sites More sharing options...
potatohead Posted February 27, 2008 Report Share Posted February 27, 2008 I don't know. It's just a concern I have about what to hold in a worst case scenario. I am beginning to become concerned that the time is coming when T-bills will not be as safe an investment as we think they are. At that point, I don't know what the alternatives would be. It would probably be the end of life in the US as we know it. It's just that the rate at which US Gov finances are collapsing and the rate at which cash is flowing into T-bills, is beginning to concern me greatly. This is not rational behavior. It is bubble like panic behavior. 647409[/snapback] Are you saying interest rates are going much higher and that will effect your bond price or is the ability of the US Gov to pay its obligation without creating mega inflation the issue? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted February 27, 2008 Report Share Posted February 27, 2008 Dow crosses the 50 dma and s&p hit it's head on it. A strong close would not be good for the bears here. Link to comment Share on other sites More sharing options...
potatohead Posted February 27, 2008 Report Share Posted February 27, 2008 I would think that GLD is safer than Goldmoney. Anyway, FNM is now up more than 10% on news of its massive losses. http://www.marketwatch.com/news/story/fann...8297B442C324%7D 647415[/snapback] actually I think it was this news..... *DJ Ofheo To Remove Portfolio Caps On Fannie, Freddie March 1 Link to comment Share on other sites More sharing options...
cwd Posted February 27, 2008 Report Share Posted February 27, 2008 Fannie and Freddy flying, I guess they didn't lose enough last year. Link to comment Share on other sites More sharing options...
Slappy Posted February 27, 2008 Report Share Posted February 27, 2008 I would think that GLD is safer than Goldmoney. Anyway, FNM is now up more than 10% on news of its massive losses. http://www.marketwatch.com/news/story/fann...8297B442C324%7D 647415[/snapback] OFHEO raised "Portfolio" caps. Meaning either: They can take larger mortgages than $417,000 or have room to take in more bad debt. But Crapvision isn't able to tell the difference. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted February 27, 2008 Report Share Posted February 27, 2008 I don't think this area is going to hold for the bears. Link to comment Share on other sites More sharing options...
cwd Posted February 27, 2008 Report Share Posted February 27, 2008 The buy-sell spreads on Goldmoney are pretty wide. I don't see what the advantage would be over GLD. 647411[/snapback] Just buy some Krugs and put them in a safety deposit box unless she is planning on trading them. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted February 27, 2008 Report Share Posted February 27, 2008 The market's reaction to bad news have changed over the past few weeks. Bad news are brushed aside and folks are buying. Link to comment Share on other sites More sharing options...
cwd Posted February 27, 2008 Report Share Posted February 27, 2008 Just buy some Krugs and put them in a safety deposit box unless she is planning on trading them. 647422[/snapback] Some DEM congress person-If Fannie and Freddie have no limits, the mortgage problem will be fixed. Just bought some FNM puts. Link to comment Share on other sites More sharing options...
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