Silicon Investor (SI) -- The First Internet Community

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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (79838)	12/9/2001 12:11:36 PM
From: Zardoz	Read Replies (5) \| Respond to of 116756

You let me down Hutch as I expected much babble from you to defend your derivative job profession, I don't need to defend anything.... You just don't understand what a Derivative is: Margin account Shorting Account Mortgages Treasuries Stock Options Swap-options Futures Currency Gold {any commodity} Equity {Stocks} Loans & interest, and thousand of other forms Just about ANYTHING that can be used as a proxy for something else is a derivative. You suggested a zero summed game that is rigged is criminal, your wrong. YOU'VE entered into a market place that you know nothing about. You must be one scared little investor {speculator}. Life is not an exchange of Values as you say, Life is Value... you've missed the point from DAY 1. Open your eyes you stupid little boy. The world doesn't care about little cry boys who loose money on a daily basis. You're a looser. I want MONEY, that's why I play the markets. You've heard of ethical funds I'm sure... THEY are a con, to mislead you of the moral responsibility to make your maximum return in the markets. Grow up. Yes Hutch, a day will arrive when derivatives become knowed as that evil activity that destroyed the financial worth of innocents, and yes they will go after their wealth stolden from them using lawsuits against these derivative houses, and their employees. There is no polite way to say this: Get a fucking life. You are full of shit. Bill Murphy was told explicitly a long time ago that what he seeks is public information, was always available.. But he is attempting to skew it to his own self purpose. You and he can cry all the way to court, and I can promise you this: You won't get a dime back. You want to bust the derivative houses... oh really. I'm sure the bank that holds the mortgage on your house {OK your neighbors cause you can't afford one} would tell you that they are forclosing you'd scream bloody murder. Yet it's the playing off of the long bonds that gets you that sweet 5% fixed rate. The moronic discipline of those that tout Derivatives are bad is just gusto for the knowing people. Good thing the world doesn't revolve around you, and does around me. Now here is a thought Hutch, team up with o49r/gold_tutor and rewrite your post to me and include some where is the beef stuff to go along with your just a cowboy hat w/ no beef I think this phrase serves you well: "You can't handle the truth". I asked you WHO profited from the failure of Enron, LTCM etc; I get crap sent my way spewed with GATA... You don't know because you don't want to know. It is possible to make a derivative so complicated that you can guarantee yourself not to make money. You fixation on one commodity has blinded you to make money. Why do you torture yourself so often? You a masochist? Gold has been artificially held above the REAL value of the commodity. Some of US out here have correctly predicted the great demise of gold years ago. You think the chicken entrails lead us to those conclusions? Hell NO… we analyze the snot out of the economy and where the currency, monetary excess will go. Then we take positions that will maximize our returns. We don't marry stocks, we trade them. Its pawns like you that over pay and cry. Truth is, you don't want to make money. Try admitting that to yourself tonight. I can't waste my time writing to you unless you make a correct observation on your own. I'd rather sit here and eat my Nestle Smarties then write to you… You can't legitimize owning gold except as a hedge against currency failure. You're the worse type of derivative player out there, blinded by opportunities: Oxymoron Consider the effect of takeovers by Nem, that my little friend is another derivative, and can be hedged against. I've been away from Gold stock, options, futures, commodity for such a long time that I don't care anymore. There are no real returns left in the sector. If it rose above $290 I'd be happy to short the stuff again. From: ZardOZ Hutch Field Marshall Lizzard Kryptonite NWO {New World Order} Dark Night Freedom666 A derivative is anything that gains its value from another !!! Gold is a prime example. It is the relative price of the currency and wolrd economics that dictates the price of gold. This is true, else Gold and silver would ALWAYS move in a fixed ratio {with an ever decreasing slope based on production and use} Yet we know the correlation between Gold and silver is not linear..