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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (10260)6/19/2008 9:20:59 AM
From: jimss  Read Replies (2) | Respond to of 50196
 
I concede the larger point to you.



To: SliderOnTheBlack who wrote (10260)6/19/2008 10:31:37 AM
From: ecrire  Read Replies (1) | Respond to of 50196
 
Gold stocks in general and juniors in particular, have lost their cache as a hedge against inflation. Resources like steel, oil, coal are preferred.



To: SliderOnTheBlack who wrote (10260)6/19/2008 1:06:11 PM
From: bullbud  Read Replies (1) | Respond to of 50196
 
I know this is not a popular stance, but I have to agree. 5 out of 5 of the last "I'm all in" "Gold just hit bottom" "The miners will catch up" calls have resulted in POG tanking and the miners trading sideways. Yes, gold is way up since 2000, but you can get killed trying to trade on Jimbo's comments.

What seals it for me is he chastises traders for not selling AFTER THE FACT. If he was really interested in helping his followers, he would issue a "sell" alert based on what he touts as his superior trading skills. He NEVER does that and NEVER recommends a short position.

He clearly wants you to hold until he's taken profits. Things that make you go hmmmmm.............