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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (61922)	10/25/2008 4:04:43 PM
From: marcos	Respond to of 78409

htd.to - that's a long bond short, no way, wouldn't touch it, years ago i knew an analyst of financials quite well socially, he had scarey stories of people shorting bonds, of course that was on margin, you could play bonds with five per cent down, ninety-five per cent margin, he said at least one fellow wiped himself out completely getting it right in the long run, but way offside short term ... of course that's about margin not bonds ... i just don't feel a grip on this stuff, that's what it is hdd.to - yeah, looked at all these ETFs, low transaction costs for sure, plus you can trade online and not phone in like with forex ... but, they take buy power and any of that i get in these conditions goes to bid on resource plays ... beauty of doing the E/F account forex switches is that it uses zero buy power, they count credit in one against debit in the other, marked to market daily so you don't want to cut it too close, costs one per cent each way plus higher interest on debit side, but it's essentially one hundred per cent margin ... likely they have some upper limit to which they'll let you do this, percentage of accounts balance or something, don't know, never came up against it yet ... the one thing that worries me, is that while i've good gains in forex over the last year and a half, most of them were by accident, just happened as an incidental result of US trades and then quite a bit of neglect in switching currencies, the intentional planned trades didn't do near as well ... now though i think the loonie due for a good bounce, can't imagine it getting much weaker for long, be great for exporters like forestry if it did, but it's not likely to imho

To: onepath who wrote (61922)	10/28/2008 1:39:11 AM
From: marcos	Read Replies (2) \| Respond to of 78409

Chickened out on that currency switch, loonie was still selling off, usd not finished with run maybe ... then on the radio came news of some Royal Bank analyst who was telling people to get out of loonies into usd, convinced that this will be deep and long, well i dunno about that, think there is no good fundamental reason for the usd ramp and when what is basically a short squeeze is over it'll resume the downtrend ... might be good to be careful in the meantime though, hard to say where it ends, they do tend to overshoot ... .75/1.33 is only a couple cents away, at .70/1.43 i'll definitely jump for at least some goz.v - bought a little Gold-Ore, healthy discount from where i added a few days ago, oh joy ... has to be a bottom in here somewhere, likely this week imho ... Hang Seng up six per cent right now, Nikkei over three, some of that bailout cash should now be getting divvied up among the uptown jerkoffs, rate cut on the way [though that may be baked in already] lgo.v - are you following Largo at all ... i've got back the share number i had this spring, started too early and paid too much but still it was a lot cheaper than my entry this spring, never mind exit, lol ... hard not to be somewhat attached when they treat you that well, but also they should be able to scrape up the five millions, big dilution in some form going to another Bharti entity of course, still there's a lot of economics in Maracas, they'll be able and motivated to run it again Interesting discussion of yen between gregor.us and Wyatt here, goes back many posts, talk about overshooting, they're thinking jpy/usd of 25, radical but imagine how cheap to the japanese that would make PMs - Message 25113725