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

To: Maurice Winn who wrote (74121)	5/11/2011 5:48:39 PM
From: carranza2	Read Replies (1) \| Respond to of 217664

No clue, Mq, as to what you mean by 'hunting' unless you mean going after game with guns, which I doubt you do. Jeez, Mq., I once thought you were a valiant investor, could ride the volatility waves with the best of us. In truth, your sooth is still soothing. Gold got giddy when silver sloped up. Silver got hit, and so did gold. Whether your sooth is any good won't be determined for 7 months. In the meantime, gold must fight the 1500 battle before it can make lasting gains. It is in reality a bit of theatre inasmuch as we all know how the so-called battle will end - 1500 will yield to a higher number, then that number will yield to yet another higher number, etc., ad infinitum, etc. But in the broad big picture scheme of of things, it is doing extremely well and will continue to do very well until fools lose their foolishness and the reincarnation of the gold standard turns 1 oz of it into USD $10,000 sometime during my lifetime for, believe it or not, a currency not backed by metal is not only a historical anomaly but a cruise-controlled high-speed drive on the road to perdition. Why do you think your VVVs were so wildly successful? Because - and I am sure you did not know this though you might claim that you did - a pound sterling back in the day meant exactly that, an lb. of Ag. And you surely know how much progress was made when a pound sterling was indeed a pound of sterling. No reason to get too nervous. Heck, I'd be nervous if I didn't have any gold. For your delight and edification, a chart showing Q vs. GLD for the past 5 years. I cannot get it to give me 4 years, which is the time frame during which I have owned gold. But clearly sufficient to show how much better I have done with gold over the last few years. finance.yahoo.com Now, of course, I made a stinkpot of money on Q back in the day, but before then I made a stinkpot of money with the Holy Trinity of CSCO, INTC and MSFT. Before then, I had no smelly pot. Lesson: be ninja-nimble, be cat-quick, watch the fundamentals. Look around corners like blazezim claimed he could.