iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Half A World Away

[youtube:http://www.youtube.com/watch?v=MLMnpB51vVM&feature=related 450 300]

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I may be half a world away, but  I’m still checking in on you chickies.  I know that the precious metal trade remains robusto, despite the dollar’s flirting with Euro-shagging here in the late late Sunday evening.   (Believe me it’s even later here).

Just so you know, I loaded up on AGQ, RGLD, NUGT, SLW, AG this past Friday for better or for worse.  Here’s what I’ve been looking at from an AGQ basis:

 

Note the long consolidation phase and the promise of a couple of weeks?   Heck, that week may even be here.

And the there’s another.  “Besotten Dick” we call him and up aways at the motor hotel we hear about the same preachers who try to smolder the ladies on Sunday morning only to poke out at the end.

His ticket of choice is IAG, a much disparaged gold stock that need to reside safely in American hands…. so as never to be dispatched by foreign antipaths again.  You may call this analysis but I call it mental telepathy.

Amazing how many of these things come out when the games are hot  no? Coincidental?  I think it might help put the nearest Jakesib in the looney bin should he act up..

Best to you all.

_______________

 

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28 comments

  1. Blind Read Ant

    Thx Jake.

    I won’t ask where, I’m sure you’re doing much more for US good will than our elected officials.

    With certitude.

    p.s., great showing by the Giants tonight.

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    • JakeGint

      Unbelievable finish. Very gratifying to beat the Pats again like that.

      Serves as a reminder to the traitorous Belly that he remains unforgiven.

      ________

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  2. Hawaiifive0

    Thanks Jake I’m already at about 80% of port, but I might add IAG to the mix. Are you saying a close above 23 would make you a buyer?

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  3. Hawaiifive0

    And I would still appreciate a clearer definition of an expeditor, should you be so inclined. But than mystery is always fun.

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  4. The Fly

    Jake

    How long are you staying? I may be out there next week.

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  5. xochi

    Jake, what about skiffles play?

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  6. Superpositron

    Blighty?

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  7. TraderCaddy

    I would guess half a world away could only mean that he is in Akron, Ohio.

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  8. Anton

    Have fun over there, Jake, and thanks for the long-distance bloggery.

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  9. Mr. Cain Thaler

    U.K.?

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  10. Tom

    Konnichiwa Jake, What is your target for AG ? Thank you for your thought.

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  11. figesmalls

    Is it too late to get into EXK and what is your price target and time frame on this stock.
    Thanks.

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  12. South of the Mason Dixon
    South of the Mason Dixon

    “…one by one, the “risk free” instruments in which the global investment herd can park its money are being eliminated.

    When this does, you can plan on a triple-digit silver price and five-digit gold price.”

    The above is typical of gold bug commentary. I believe this more than the typical stock purchase plan from the establishment. How anyone can believe that world economies and governments can survive this chaos seems beyond delusional.

    ===================

    On another note, I’d just like to publicly thank the U.S. Democrats for passing the Patient Protection and Affordable Care Act or “Obamacare”.

    We had our healthcare enrollment meeting today and my monthly costs have necessarily gone up…again…20% from last year. Not including the additional costs for co-pay and deductibles.

    I will have about $50 less to spend each month, not counting health issues that come up having to meet 100% more deductible and 50% more co-pay.

    Thank you for helping make healthcare so “affordable”. You guys really, really, did a great job with this bill.

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    • xochi

      My deductible went from $100. to $2000. in 2 years here in Massachusetts, template state for the “movement”. Now I never go to the doctors. Win/win for the insurance companies. Let’s focus on THEM!

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  13. TeahouseOnTheTracks
    TeahouseOnTheTracks

    Update re prior discussion:

    http://ibankcoin.com/jakegint/2011/10/20/come-to-the-colony/#comment-30918

    WASHINGTON (MarketWatch) — United Continental Holdings and Alaska Air will begin
    using biofuel this week for the first time. Continental Airlines will launch its
    first flight on Monday from Chicago, and Alaska will initiate two flights on
    Wednesday from Seattle. The Alaska flight will use a fuel that’s 20% biofuel
    produced by Dynamic Fuels LLC, a joint venture of Tyson Foods and Syntroleum
    Corp. . Continental will use 100% algae-derived fuel made by Solazyme, in
    cooperation with a unit of Honeywell International . Airlines and militaries have
    been pursuing alternatives to fossil fuel in the wake of higher oil prices and
    political upheaval in the Middle East.

    SYNM up 30%

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  14. momo14318

    Jake, with all your purchases on Friday, does that mean you’re nearly “all in” now or are you still anticipating that drop to the $HUI $560 area? I’m pretty much all in by now, but I could always find some dry powder if something good comes up:) Thanks for blogging and helping us all here even while you’re so far away!

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