Imperial Metals (IPM.T) Message Board

STOCKTALK

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.

Gold/Mining/Energy : Imperial Metals (IPM.T)

IPM 1.940

+1.0%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: refugee investor who wrote (1078)	5/11/2012 2:39:01 PM
From: Italian Investor	Read Replies (1) of 1366

Yea Charlie is the best, civilized people dont buy gold is my favorite quote. Yea there are a lot of names that look cheap but might not actually be cheap if we get another leg down. Yea oil looks like it is going lower until QE3 is launched then off to the races. Oil is basically the only commodity that was a rock now it is correcting like every other commodity maybe Prem had the right idea deflation before inflation. Europe is a mess and there is a very good chance it is going to get a lot worse before it gets better. Yea I saw the video on that English guy he was with 2 other guys and a not so bad looking girl. He is a bright guy but I think he believes he is smarter than everyone else and a lot of smart guys like him don’t do well in the market for some reason. I vagliy also remember him saying that he is waiting for a much deeper correction in the USA market not too long ago, so he changed his mind, I also remember him talking why his agriculture fund has not done well. The best macro guys to listen to are Prem and Bob R. they have been dead right about everything. I personally have no idea how this plays out and they don’t either so I am not making any predictions and that is why I am 50% cash. Even with that 50% cash I have been going down pretty hard people are selling what is perceived risky for quality. The Loews CEO was just on CNBC and said something like what we experienced most recently about 6 months ago will be 'On Steroids not to long from now, so it is right around the corner, fun times ahead. I have no idea how this is going to play out my goal right now is to preserve wealth. If stocks go higher I am happy and if we get a big correction I will be happy unless I spend my money too quickly. My approach right now is to try to be like you and not pay attention to the market much, and when news events like yesterday (JPM 2 billion loss) spokes the market I will try to put some money to work. I added to a few of my financials BAC and JEF as they were down 3% or so. It is shocking to see JEF and BAC this low again. It feels like yesterday I was selling JEF @ 19.30 and BAC warrants around 5 and now they corrected already like 30%.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next