WHAT'S THE FED UP TO WITH THE MONEY SUPPLY?(Chart didn't copy over)

Financial Sense Online ^ | 26 December 2005 | Robert McHugh

[Toddsterpatriot]

Keep wallowing in that ignorance, Tommie.

[Petronski]

What was gold's dividend again?

Owning it helps to tamp down the GOLD FEVER!

[Toddsterpatriot]

I'm afraid to ask where they stick it to cure that fever :^)

[LS]

That I don't know about. I do recall that Clinton was exasperated to know that his whole budget depended on what he called "those f*cking bond traders."

[Thomas Jefferson II]

Toadster, allow me to wallow in my ignorance some more. The low in gold this year was 391.20, and it is currently at 518.00. It is up 24.5% on the year not 20%. You must have meant to say Altria is up about 24% because with a 52 week low of 60.40, and a current price of 75.32 it is only up 20% on the year. Add to that a dividend of 4.2% [3.20/75.32=.042%] your barnburner year is up 24.2% [if this is your only stock]. Back to Gold, I own TRE [Tan Range] which is up 88.5% [sorry Tommy, no divdend]. But more importantly the bigger picture is the prize. Gold is up 267% in the last five years, and Altria is up 57% [I'll throw in your 5% dividend for five years and give you 82%]. Now, MAYBE if you use your little divisor/decoder ring you can figure that out to be more ... Again, whatever makes you feel good.

I would go wallow in my ignorance if I could find it under this pile of GOLD!

[Thomas Jefferson II]

Pet, the stuff is up 267% in five years and they ask ... where is the dividend? Hey, Todd has a stock that is up 57% in the last five years if you are interested. With a 5% dividend per year it is up 82%. He did not mention his other stock holdings. Oh, I have one that was 88.5% THIS year. Sorry there will be not dividend paid on it.

[Petronski]

Gold is about 55% of its all-time high. Whither the vaunted storehouse of value?

[Petronski]

The low in gold this year was 391.20, and it is currently at 518.00. It is up 24.5% on the year not 20%.

You've calculated the trading range.

To find out how gold has performed this year, divide the current price of gold by its price on January 1, 2005.

It appears gold opened the year at about 428 and is currently 515; about 20%.

[Toddsterpatriot]

You must have meant to say Altria is up about 24% because with a 52 week low of 60.40, and a current price of 75.32 it is only up 20% on the year.

With your poor math skills, you must be a protectionist. Taking your own numbers, $75.32/$60.40=1.247. For a public school grad (I'm assuming you graduated) that's about a 25% increase. And if you want to be exact, you'd take the closing price on 12/31/2004 ($61.10) as your starting point.

Add to that a dividend of 4.2% [3.20/75.32=.042%] your barnburner year is up 24.2% [if this is your only stock]

Again, if you want to be accurate, you'd take the $61.10 starting price and use the $3.06 actually paid this year to get the 5% dividend I quoted.

Gold is up 267% in the last five years

You're killing me!!! Please show the math you used to get 267%. Snicker.

[Havoc]

Is there a question in there somewhere, or are you just talking to hear yourself talk?

[RunningWolf]

Injecting $50, $100 Billion? That's nothing in our economy.

Wolf

[RunningWolf]

IMO.., One of the best things that ever happened for the US, was to disconnect its currency pegged to Gold.

Why? There ain't enough gold in the whole world to cover the US.

Wolf

[RunningWolf]

hubbubhubbub,

I might not agree with your ideas, but that is what a market makes.., Not?

For this end.., We might get a Freeper ping list going on these topics. I ask you, (from this part-time amateur CBOT TBond futures trader).

What say you?

Regards

Wolf

[Thomas Jefferson II]

Your right Todd. My fifth year of high school was all math, and I still do not get the numerator/devisor thing right. As for my gold quote of being up 267% that comes right out of Investors Business Daily [IBD]. Have a HAPPY NEW YEAR! I have to get back to trading the sh*t.

[Toddsterpatriot]

My fifth year of high school was all math, and I still do not get the numerator/devisor thing right.

Yeah, math is hard. LOL!

As for my gold quote of being up 267% that comes right out of Investors Business Daily [IBD].

Somehow I doubt that IBD would make a mistake as large as that.

I have to get back to trading the sh*t.

Yeah, sorry that my Altria did better than your gold. Maybe next year?

[Thomas Jefferson II]

running wolf, do you trade CBOT? I actively trade US, TY, GC at the CBOT.

[Thomas Jefferson II]

Yeah, sorry that my Altria did better than your gold. Maybe next year?

Somehow, I believe that I made money trading Gold, as a percentage of dollars invested than you did owning Altria. The vol in Gold paid me extremely well.

[Toddsterpatriot]

Somehow, I believe that I made money trading Gold, as a percentage of dollars invested than you did owning Altria.

Maybe, but seeing your obvious difficulty with math, how could you ever prove it? LOL!

So no luck in sourcing your 267% claim?

[RunningWolf]

I did CBOT and the MidAm on the 30yr.

I have an account currently inactive, but am fueling it back up to get my toe back in the water.

Wolf

[RunningWolf]

I was never a floor trader. I went then and now thru Lind Waldock.

I was caught by surprise with the Ref-co scandal but my account seems to have survived