Pure Gold, Especially “the O-Bom”
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What’s that? You bought something today that couldn’t be coin-stamped into quick-liquid drachmas were you dropped off in the middle of pre-Roman Phoenicia (sic) by a passing time-warping Spaceman?
You mean you didn’t buy silver? Or even gold or platinum or palladium today? You were instead PSUNned with ten thousand volts from the PSUN-gun?
Well then… join the crowd!
Actually, besides taking that ill-advised detour into California Retail Rag Trade, I also backed up the truck today and bot a Chicago-load of SIL for the first time today. I won’t even mention how much, as it was entirely for my own account and none of your affair. I will tell you it was at 40 cents shy of $24 per share, however, and then some.
Why do I bother purchasing anyting else besides PM’s, and at my great peril, you ask? For thrills I guess, as there’s nothing less thrilling than 2-5% every day on these damnable Jack in the Beanstalk PM picks.
Am I boring you? My apologies, as I’m even boring myself.
Well no one ever said this stock picking thing was an easy gig. Try to stifle the yawns, and let’s just do our daily bit of mining. I’ve been purchasing some options in IAG and ANV to make life a little less mundane. I expect they should about double by mid December. Boring, no?
Hmmmm… what else? Oh yes, there’s this — AXU. I just found it today, oddly enough. Speculative as all get out, so don’t get too crazy, but who knows. Might be the funnest ride we’ll have this side of GSS for the near future, now that everyone else is getting so damned respectable.
Cain’t stand all that respectability.
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As for our theme: remember to do your part. Civil disobedience, Ghandi-style, til these TSA boners get that this is not Soviet Russia. Try not to enjoy the rubdown/off too much.
Bonus Clip! Pres’dent O’Bama tries to board Air Force One!
[youtube:http://www.youtube.com/watch?v=EdQzNMLECi8 450 300]_________________________
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I know nothing, but I’m thinking that the pm shortsellers and call writers may get overrun by a fleet of monster trucks this cycle.
I got some gss calls the other day. Hoping for a jr buyout frenzy.
Thanks for the ideas.
I’m starting to think we should just outsource The TSA to The Israelis. I don’t understand why these clowns don’t get it. I know the first mistake was taking a bunch of bureaucracies, and creating The Department of Homeland Security. I can’t think of an example where rolling up ever made anything more agile and responsive.
Indeud. The thing the TSA has not yet grasped is that they will continually be reacting to new innovations in the terrorists’ methodologies. They are constantly three steps behind and will remain that way by implementing random catch-all techniques rather than specific, intensive and most important, proven methodologies.
Those are best exemplified by the professional agents employed by El Al Airlines.
And yes, the profile.
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That would make too much sense.
the jake gint.great post. tsa=TYRANT SERVICES of AMERICA
Love the bonus clip.
Very funny.
Jake, what do you make of Savages morning call to go from his 130% to maybe 50% PM exposure? I think he’s been getting whipsawed a bit.
I think he trades too much, despite his claiming that he does not trade too much.
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agreud … then again, if you’re gonna go 130% in one sector, you better trade around potential nasty drawdowns
Treu.
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Jake, so would you be adding to PM exposure here? I’m just trading around some AGQ trading shares and not touching the core, not brave enough to add any longer-term exposure without the go-ahead from the Jake:)
BTW. love those clips…hilarious!
Currently, I am eating a sammich. Encouraged by the fact that gold is up $21, even as silver is off 13 cents.
RGLD is green, btw, and I just added some yesterday.
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Almost at 80 on DXY. 23.11 would roughly coincide with that. If we get there, I will add to PM’s
23.11 on UUP
Both gold and silver up considerably, despite the high dorrar.
What woud you do if you were a Mandarin considering the sword rattlin’ of the Korean Baby King?
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http://www.youtube.com/watch?v=ZOpyggmTmeE&feature=player_embedded
Hmmmmm? I don’t see silver up… I see gold up because it’s also a protective asset.. I guess people just don’t see silver as the same, despite it’s similar characsteristics.
My miners are definitely not up, though.. Screen of red.
How high do you see the dollar going with the EU storyline mixed in?
Dollar index over $80 would be surprinsing.
Could easily go to $80 here. Silver’s been all over the map this morning. Was up 15 cents before I went to lunch, now it’s down nine cents.
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God damn, the dxy is up almost 1.5% today!
Jake,
What does is mean when as in SLW news today where it says something like SLW sells imbalances. Even though I’m getting to be a little better trader, I still don’t understand many things.
On the plane to NY and need to shut down. Will check on it tonight
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Tell my favorite TSA agent, Reach-Around Richie, i say hello.
How was the TSA fondling? On way to NJ today. Can’t wait for the friendly Newark agents on Sunday coming back…
Lol…the dollar touched 80 on the dot in the overnight…….would be nice to see some down dollar action!!
About to go in and see Mary Poppins w the kids. Having a little nosh at Famiglia’s Pizza first and then a nice nap at the show. Full report tonight.
Trying to lure Fly out to see the kids… Developing!
Did you hum the national anthem during the pat down?
AAU is a rocket!
I didn’t buy any but I put my son into it @ $2.69 and she’s printing $3.80 with a hod of $3.89 …. My son thanks you Jake … Enjoy the turkey and your family this holiday.