SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (41150)10/12/2008 1:05:15 AM
From: Haim R. Branisteanu  Read Replies (1) of 217822
 
TJ, what is your point in this post? Just wonder, …. we all know that you think gold is the savior of the world, I personally not sure at all... there are other much more profitable trades than just hoarding gold.

Those with a better insight of market fundamentals made much more "money" than just plain hoarding gold.

Some examples shorting the EUR v the USD at 1.58 - 1.60 range

others bought SKF, or QID how they fared in relation to the price appreciation of gold? …… not to mention those that borrowed various trenches of subprime MBS and sold them short.

How about those folks on SI that for years where shorting FNM - if they stayed short to date?

Therefore please get of the high horse and please do not related to “buying gold” as the ultimate saver of any financial debacle, as there are so many venues to generate substantial gains on your investment if you are savvy of market trends and enough knowledgeable
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext