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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (41175)	10/12/2008 1:38:06 AM
From: TobagoJack	3 Recommendations Respond to of 217820

hello haim, <<what is your point in this post?>> no particular point other than that gold is one trade one can do in some size without losing too much sleep even if it should be a down day, knowing full well that the collective energy of the entire planet is working to increase its value. <<there are other much more profitable trades than just hoarding gold ... >> ... i will not debate on the meaning of "much more" that can be done in size, especially given that just about all such "much more" trades require an offsettiung hedge that more often than not prove to be too expensive. <<Those with a better insight of market fundamentals made much more "money" than just plain hoarding gold ... Some examples shorting the EUR v the USD at 1.58 - 1.60 range>> ... another example would be gold at 750. the euro trade goes better with a hedge of some sort, whereas the gold trade can be simply and nakedly long, under the circumstances, as in buy buy buy. <<others bought SKF>> ... you mean like astutely so Message 24868315 testing agility against the force ? well, truth be told, given that i did that and did very well, and had been there up close and personal, there definitely were a few disturbed nights, unlike gold position. <<not to mention those that borrowed various trenches of subprime MBS and sold them short>> ... whereas i know folks who did this, and have a bit of moolah with their brilliance, i confess to not knowing anything about how to put on such a trade, nor do i have the slightest desire to try. <<How about those folks on SI that for years where shorting FNM - if they stayed short to date?>> ... I know one such guy, and a tip of the hat to him, but i do not have the tenacity to short short short fannie, but am quite ok with long, longer, longest in gold. <<Therefore please get of the high horse and please do not related to “buying gold” as the ultimate saver of any financial debacle, as there are so many venues to generate substantial gains on your investment if you are savvy of market trends and enough knowledgeable>> ... you are sounding upset. why? i am merely recommending that the everyday person should leave the pros to screw up the way they mostly do, and keeping it simple - just buy gold, in alignment with the ancient script of fiat money inflation. i cannot in all good faith pound the table of playing with skf even though i do it, because unlike gold, some trades are definitely not for everybody. cheers, tj