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


To: Pacing The Cage who wrote (94592)4/18/2003 3:44:42 PM
From: T-Lo Greens  Read Replies (2) | Respond to of 116834
 
Ken, in a market capitulation ALL stocks get destroyed. A stock is just a piece of paper, whether it's in MSFT or HMY...doesn't mean it's backed by the inherent value of gold, nor will it be converted to gold by HMY.

Now I have nothing against physical gold, I just don't think it will go much higher, maybe $335, and definitely should go much lower $270 +/- 10



To: Pacing The Cage who wrote (94592)4/20/2003 11:37:44 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 116834
 
Ken, Tony H is nothing more than a ratio trader for a "big house"...a recycled dot.bomb leftover...one of 60% recycled tech sector traders that hasn't gotten the message yet.

All he can do is recite the internal memos and go with the flow of big money. If he didn't have the "morning call on his desk" from the trading department, he couldn't tie his velcro laced shoes.

He's shorting at the bottom, and is too stupid to know the game has changed...and I'm willing to bet the ink on his MBA from wherever still smudges on the certificate.

He didn't make a good call...he's a herd follower, a sheeple of the most ignorant kind, and only trading what moves.

He doesn't know squat about the US $, and he certainly can't interp the short covering activity that is ongoing in his own game. Why? Because he's "PRICE" fixiated.

Those that are price fixiated are momo players, not analysts.

Those who are true analysts of pro money instead of sheeple, are into following volume and pattern trading, and know how to interp the options market which is where the truly in the know money plays, executes their strategies and accumulates stealthily--ahead of the Tony smucks and all the other great unwashed churn and burn momo players out there.

And they hang out on threads like this to reap adulation for their ability to read internal memos and do what they are told. GO FIGURE!

So, pick his brain if you must...because all he can do is
recite internal directives...he can't think for himself,
or else he wouldn't be so blatantly wrong.

REMEMBER ONE THING when you run up against the TONY's, Ken:
HE MISSED THE LONG MOVE in Gold...he only showed up when it was time to short, and shorting is the easy money. And shorting when you are told to, is painless money.

Be a stick, Ken. Watch Tony miss the next bullmove in Gold
and Gold shares...he'll pretend he's long, but still be shorting, and scalping for 'steenies, when the rest of the smart money is scale up buying, which takes REAL BALLS!

Just remember, it takes both longs and shorts to make a market, and both longs and shorts make money. And both longs and shorts like to brag about their "calls."

THE DIFFERENCE? Is time frame and perspective...Tony's H's is based on 3, 6 and 9 minute tick charts--a game I've played and enjoyed. However, I don't have to live on the
edge...I like living, and my investments and speculations taking their proper place in life.

And who am I? One of those few who bought late into Bre-X, got out 2.35 US from the TOP in the stock and made a killing, and don't mind "bragging" about it now, since I have the yellow-slips to back up my boast. I also bot LIM.T
at C$1.50 and it's now trading between C$5.40 and 6 with a helluva run yet to come.

Tony has the ulcers and the empty Pepcid bottles...I have 7 gold mines, and a thriving gold and platinum recycling business, and don't check in on this clap trap much anymore...Tony wears bi-focals and has a 3,6,9 minute attention span. And I sleep better and get to hug my grandkids more than he does.

It's a quality of life and investment time frame horizon game, Ken. Figure your rhythm out and stick to it. And forget the Pepcid!

Goes for you, too, VI and your gloom and doom GATA gory analysis...While the $ is definitely headed lower, if you think Bretton Woods Failed as you put it...you don't know squat...

The IMF and World Bank and Islamic Dinar are all outgrowths of the Bretton Woods CUrrency Accord Blueprint still very much in vogue and the law of the US financial universe. Here's a news flash for you, VI:

The US $ was not fore-ordained AT BRETTON WOODS 1942 Currency Accord Conference to stay THE ONLY reserve currency foreve. This agreement--signed off by 56 nations in than 9 month period...MANDATATED THE US$ WAS NOT TO REMAIN THE RESERVE CURRENCY forever, but to share it with both the EMU now EURO and the AMU when is on the come. So sit down, quit wringing your hands, and shutup and learn something about WHY the $ is being allowed to fall, POST 1942 Pre-Ordained March 31, 2002's deadline
for EURO implementatin.

Geeze, I hate hand-wringers who don't study history, Ken about as much as I hate MoMo players who need ego strokes from a piddly bulletin board out in the middle of nowhere
in cyber space!

Later.
gold_tutor