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


To: Maurice Winn who wrote (156904)4/21/2020 10:54:46 PM
From: Follies3 Recommendations

Recommended By
Dr. Voodoo
ggersh
Secret_Agent_Man

  Read Replies (2) | Respond to of 217573
 
I have been caught holding USO. It’s paper oil with a double downside. It does remind me of that scene about CDOs, CDO squared and synthetic CDO. I bought synthetic oil which can turn in to a bonfire and burn up capital.

I forgot my golden rule. The market can stay irrational longer than you can stay solvent.



To: Maurice Winn who wrote (156904)4/22/2020 8:38:55 PM
From: sense1 Recommendation

Recommended By
Secret_Agent_Man

  Read Replies (1) | Respond to of 217573
 
Gold price will fall to about $1000 when WuFlu fizzles and US$ dilution is only about 10%.



Dilution is only about 10%... of what number ?



To: Maurice Winn who wrote (156904)4/23/2020 12:30:41 PM
From: TobagoJack  Read Replies (1) | Respond to of 217573
 
Re <<gold ... $1000>>

I noticed that you, like my Jack, do not mention units of measure.

$1000 per gram?

Or 10:1 reverse-split $?