iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Breaking Away

[youtube:http://www.youtube.com/watch?v=J1jzs6dk4bs 450 300]

________________________________

Breaking away for a second to remind you to pay attention here.  We are headed into Santa Claus territory, and I don’t think it will be coincidental when we see the gold and silver elves coming out for their annual drunken bacchanal.

I am hoping that on Friday I will have moved a large amount of money from “here” unto “there,” and then will have some time to sport about with you, old time style, half-inebriated and full of fun.  Until then, GDX, GDXJ, and yes, even NUGT will be attractive in the Christmas season.  On the silver side, those of you who have cursed and gnashed your teeth about EXK can consider this the time to “make your bones,” or whatever other ethnic cliche you’d like to use.   AG is still my favorite silver dog, and SLW and SIL my core recommendations for the noobs.  That said, PAAS and MVG can be berry berry good to those of a speculative bent.

More speculative than any of those, however, is AAU and TC.  If you have 2% of your portfolio that you reserve for dice throwing at 3 AM in a dirty alley laden with crack whores and vein poppers, then those are your available plays.  Do not cry to me if you are blackjacked, but please remit 15% to the Salvation Army if you do bank coin.

Best to all of you, and hoping to spend many days of merry and bright with you in the latter part of this month…

____________________________

If you enjoy the content at iBankCoin, please follow us on Twitter

18 comments

  1. kohai

    Jake!

    Hope all is well with you and yours sir..

    Eyeing my copy of Winter’s Tale and looking forward to seeing some snow soon. Thank you again for sharing that book, I would have missed it otherwise.

    Will look forward to your posts later this month, good luck with all until then.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Jakegint

      Be sure to read his other stuff too… A Soldier of the Great War is awesome, as is Memoir from an Antproof Case.

      He’s got a ton of ’em out there.

      I heard they are making a movie out of A Winter’s Tale, btw… should be interesting.

      _____

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. Formerly DMG

    Thoughts on the red headed stepchild, aka AVL?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. razorsedge

    movin into moving into metals from all cash position, still holdin core in gld ,slv. i think we have 10yrs left in the gold run. imo.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Sir Robert Hooke

    What are your thoughts on Silver here? I just took some off the table today thinking its going to get dicey post FOMC. Still long gold and miners.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Honolulu Trader

    January 2013 Diet

    Breakfast: NUGT
    Lunch: EXK
    Dinner: FAZ

    Burp!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Hawaiifive0

    Still holding GDX, GDXJ and SIL.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Sir Robert Hooke

    Taking it on the chin

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Jakegint

      Such is the life. These are not trading stocks, that’s for sure.

      They sure are shaking the trees, however.

      If you’ve been here some time, then you know this is not the first time…

      ____

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  8. Hawaiifive0

    What do you make of this Jake? Any sage advice. For now, I’m in big and holding.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Cheesefries

    Jake,
    I’m curious if you have any prefered agriculture plays.
    I have been looking at DBA and the the Jim Rogers fund RGRA. Investing in specific commodities seems like the safest route considering our current house of cards economy.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. #6

    After today, i strangely come here seeking family. Now that i have the little miss, i can’t imagine what those poor parents must be going through. Makes me appreciate your 4, DMG’s 3, #4’s 1, E’s 2, all of Jack Straw and his sisters babes, plus everyone else that are too may to list here. I’m so incredibly saddened by this. I guess I now know what you’ve always known about having a child. Can you imagine being one of those parents that had to go to that school and hear the news? How do you recover from that? Knowing your child was terrified at the end? It’s too much.

    God damn it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"