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.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (12504)	10/6/2008 4:20:11 PM
From: Real Man	Read Replies (1) \| Respond to of 71475

Geez, I trade stuff. Puts, of course. If they go to zero, so what? -g-

To: ggersh who wrote (12504)	10/6/2008 5:22:15 PM
From: LTK007	1 Recommendation Read Replies (2) \| Respond to of 71475

The world honchos have to keep to talking points because if they stopped they realize they will go down in the flood. They are desperately trying to forget what Greenspan whispered in their ear as he left being Big Cult God Fed Chief. i have it on good authority:)that Greenspan went around whispered in all their ears "Apres moi le deluge"

To: ggersh who wrote (12504)	10/7/2008 10:35:00 AM
From: Real Man	1 Recommendation Read Replies (1) \| Respond to of 71475

I do trade around a bit, and took profits on my VIX puts today (hit it and quit it strategy), but the vast majority of my stuff is in physical PMs and paper PM shares, at a ratio of 70/30. All physical, and much of my PM shares are taken OFF the brokerage account. While I hope there will be no freezes, caution is good, and some accounts did get frozen, I hear. I don't want to have to deal with the failure of the brokerage/bank either. I did get roughed up quite a bit lately, not so much on physical than on shares, but... I just rotated into shares into the dump to lift the ratio from 90/10 to 70/30, swapping physical for paper gold and silver, since shares got way too cheap relative to physical. The dump in precious metals might happen some more, I don't know, but I think they will recover eventually and go to new highs. The horizon is long term, about 5 years. Call me a gold bug. I AM a gold bug for now, and I don't like the treasuries. Precious metals are in a secular bull market, and I am riding it all the way -g-