I bought 30,000 GORO and added to my burgeoning GSVC position.
Disclaimer: If you buy the above stocks because of this post, gold will be considered money and drop by 50%. And, you may lose “money.”
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12:00pm. $GORO. Buy. Nice.
yes
Anyone who doesn’t own XG… this is a great opp, on a new financing.
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Good point, Fly. If gold really was money, no one would buy it. Because it would be dropping in value, because that’s what money does.
Not if it’s gold.
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He’s being sarcastic surely.
Thinking $HAL. Monday earnings. Crude down, but think of all those profits this past quarter.
They should post a very good report along with $BHI.
HAL is your PAL, since the low $30’s. Much to a certain arteest’s chagrin.
Gold is not money. It’s tradition.
What are you the Fiddler on the Roof?
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That was Tutti Lemkow, I worked with his nephew who was brilliant but couldn’t play a lick of fiddle.
Looks like coked up traders are come back from the bathroom to save the day
Bernanke elaborates on his comment about gold:
http://www.youtube.com/watch?v=gRdfX7ut8gw
“WASHINGTON–President Obama returns to Chicago on Aug. 3 to mark his 50th birthday with fund-raisers at the Aragon Ballroom, with tickets ranging from $50 a person to $35,800 per couple, which includes VIP seating at a “Birthday Concert” where celebs will be performing and a dinner with the president”
That’s the day after the US is supposed to go into default.
Worst fucking president ever.
Well one of two things will have happened by then. One, they work some shit out and we don’t default. Two, we already defaulted so who gives a shit, damage done already.
Maybe he should have told his parents to conceive at a different time? I’m sure a debt crisis 50 years in the future was at the forefront of their thinking as they broke out the champagne, whipped cream and Barry White records.
I think if he ran for president any other time he would not have made it past the primaries. Like a woman was going to beat him out
GORO not a good play long. Clearly downtrending and if not careful heading to the crapper. GSVC is a better play temporarily and you are on right side – just dont get too ecstatic about it b/c its not heading up much farther.