To: SeekAndFind
2 posted on
08/08/2011 8:08:09 AM PDT by
PMAS
To: SeekAndFind; Admin Moderator
Is this article shilling for SmartKnowledgeU?
If so... Zot it. If no, then Oh Well.
5 posted on
08/08/2011 8:29:51 AM PDT by
Responsibility2nd
(The views and opinions expressed in this post are true and correct. Deal with it)
To: SeekAndFind
So, GLD ISN’T up more than four bucks a share at this writing?
Huh?
6 posted on
08/08/2011 8:35:16 AM PDT by
RexBeach
(Mr. Obama can't count.)
To: SeekAndFind
Investment should first be made in steel and lead...so you can protect your physical investments. Secondly how defensible is your home? How much food and water do you have stored? Do you have a plan for at least 2 weeks of a disrupted supply chain as it pertains to food and fuel?
If you haven't taken care of the basics everything else is mental masturbation. When your family is starving and you are surrounded by hordes of starving people, an impressive bottom line on your portfolio isn't going to do you any good...neither is gold if you can't protect it.
8 posted on
08/08/2011 8:45:45 AM PDT by
Durus
(You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
To: SeekAndFind
I agree that gold and silver mining stocks look cheap right now. These stocks tend to fall with the market even as metal prices are rapidly rising. Just the herd instinct I guess. To me it seems irrational and, if so, mining stocks will recover much faster than the market in general.
Just consider what your bottom line prospects are as a gold mining company in an environment where the stock market and commodity prices are falling but the price of gold is rising. Trust me, those prospects are quite good.
To: SeekAndFind
Gold prices surpassed platinum today, a rare event, and a terrific opportunity to trade Au for Pt at parity, and then buy the gold back, and end up with maybe 50% more.

As the chart shows, the ratio rarely touches 1, and only briefly.
10 posted on
08/08/2011 11:54:54 AM PDT by
Atlas Sneezed
(Government borrowing is Taxation without Representation)
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