Posted on 12/27/2005 6:20:46 AM PST by hubbubhubbub
I sourced it. Investors Business Daily. Now that you have proven to be better at me than conversational math, let's see if you can read as well as I can. As for proving my Gold profits to your Altria profits you do not have to rely on my math, my brokergae firm provides me with statements [math already done].
Yep. Having gold based money drove the Europeans into excessive imperialism to try to steal everyone's gold. There just ain't enough gold to back the world's supply of money.
Ignore him at your financial peril.
You saying Investors Business Daily doesn't really count as a source. No link? How about you show the low price and the high price and show it works out to 267%?
Somehow, I believe that I made money trading Gold, as a percentage of dollars invested than you did owning Altria.
Do you want to add a word to your original claim?
As for proving my Gold profits to your Altria profits you do not have to rely on my math, my brokergae firm provides me with statements [math already done].
Your firm shows your unrealized profits as a % of your original investment? Then how could you have made the math mistakes you made?
Putting money into gold, is to secure some stability should the market fluctuate. It is not a tool to prepare for anarchy.
In anarchy, two things will determine who the warlords are...Guns and Grain.
In desperate times a person will trade a year's wages for a bushel of food.
No, Sister Mary English! You know what I meant.
Your firm shows your unrealized profits as a % of your original investment? Then how could you have made the math mistakes you made?
Because, Sister Mary Math, I do not carry my trading statements around to argue investment points with a guy who talks about the performance he had on one single stock. Show me your worst one, or your average, not your best one. I did not own a single share of stock last year. I was up 44.3% with my biggest daily draw down being 1.5% trading US, TY, EU, GC, CL, ND, and SP. I do not need dividends, because I have profits.
PEACE OUT!
Is that real percentages or imaginary IBD percentages? Just so you can understand how wrong your 267% claim was:
Now, taking the low of about $252 in 1999, a 267% gain would take gold up to about $924. I haven't checked today, is gold that high yet?
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