tag:blogger.com,1999:blog-7982981413278241287.post660218265368600916..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: The Move In The Metals Isn't About Japan's Rate Cut and QE AnnouncementDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-7982981413278241287.post-8119388936776060492010-10-06T20:15:50.640-06:002010-10-06T20:15:50.640-06:00LOL. I was tied up with the fund for most of toda...LOL. I was tied up with the fund for most of today. I have material for several posts this week, just a matter of carving out the time to get something written.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-34231713573685362382010-10-06T13:06:25.821-06:002010-10-06T13:06:25.821-06:00It's now way past tomorrow morning. You must b...It's now way past tomorrow morning. You must be having a good time!U-6noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-58791512660732236702010-10-05T19:21:06.896-06:002010-10-05T19:21:06.896-06:00Guys, sorry if I don't get anymore comments po...Guys, sorry if I don't get anymore comments posted until tomorrow morning. The woman of my dreams is coming over and I'll be off-line til manana...Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-39959301522691165962010-10-05T17:36:29.798-06:002010-10-05T17:36:29.798-06:00This link will work:
http://tinyurl.com/2aex7d3This link will work:<br />http://tinyurl.com/2aex7d3EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-47306859037821176162010-10-05T17:33:28.031-06:002010-10-05T17:33:28.031-06:00Todd Harrison of Minyanville had this cool chart s...Todd Harrison of Minyanville had this cool chart showing where gold is related to other "bubbles":<br />http://image.minyanville.com/assets/FCK_May2009/File/October10/sg2010100532992.gif<br /><br />Still some room, yes?EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-69440756585519991592010-10-05T17:19:39.097-06:002010-10-05T17:19:39.097-06:00Hey anonymous. Never too late to save your IRA we...Hey anonymous. Never too late to save your IRA wealth by cashing out now and paying the vig.<br /><br />In terms of whether we get a pullback or not now, I have stopped trying to forecast chart patterns. I'll leave that to the "experts" like Prechter and Gartman (note the extreme sarcasm). <br /><br />What I do know is that gold is going a LOT higher between now and when the bull is finally over. What the path in between looks like is anyone's guess.<br /><br />My best advice would be too unload your IRA and start "legging" in to your metal purchases. As James Turk recommends, by a portion every month. That way, if we get a day when the cartel smashes this stuff, you have cash ready to buy more.<br /><br />Back in July when the cartel hammered this stuff down to $1150, we bought almost every day for our fund. I paid $1200 for some and managed to get some at $1160. Plus a few days in between. Same deal with silver. BAck in early Feb I managed to grab some silver eagles just over $15. Now I could care less if silver corrects 20%. <br /><br />That's the best way I know how to do it. Anyone who tells you any differently is selling snake oil.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-58727762212372932812010-10-05T17:12:50.497-06:002010-10-05T17:12:50.497-06:00Hey JD. Thanks for your feedback!
Essentially, a...Hey JD. Thanks for your feedback!<br /><br />Essentially, a lot of pink sheet/otc bulletin board stocks are actually listed on the TSX or Vancouver exchanges. In those cases it's irrelevant as to whether you have to buy into the pink sheet security. In fact, thankfully that's an option.<br /><br />In terms of pure OTC pink sheet stocks, it's really a case by case basis. There is a lot of fraud on the pink sheets but there's also a lot hidden gems. You really have to due your due dili. Silver Dragon, SDRG, for instance is a hidden gem. They are actually working on a TSX listing. <br /><br />If you have any questions, just post the companies/symbols and I'll let you know if I know anything about them.<br /><br />I like SDRG a lot. I would also recommend Eurasian Minerals ESMNF/EMX.TO. They are in the process of doing a financing with warrants at $2.50 and as soon as that deal closes and prints, I think the stock will pop over $3. It is one of the best junior risk/return plays I have come across in 9 years.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-50920636101238050172010-10-05T17:10:06.401-06:002010-10-05T17:10:06.401-06:00See JS MinesetSee JS MinesetAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-24914021295430993962010-10-05T17:07:35.162-06:002010-10-05T17:07:35.162-06:00Thanks gyc - mi casa su casa! Pats looked tough l...Thanks gyc - mi casa su casa! Pats looked tough last night.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-84744858994498503842010-10-05T16:55:22.069-06:002010-10-05T16:55:22.069-06:00Great post, I am borrowing it tonight!Great post, I am borrowing it tonight!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-57280305974414761512010-10-05T14:36:10.320-06:002010-10-05T14:36:10.320-06:00Dave,
I have a question regarding junior miners. ...Dave,<br /><br />I have a question regarding junior miners. I have a scottrade account & a think or swim account. I tried to open an account with Euro Pacific so that I could buy foreign stocks on the actuall exchange they trade on instead of adr's. They just passed new regulations which means you need $25,000 to open an account with them. Previously there was no minimum. Thank you Obama. Regardless I want to buy some of these miners but don't know if I should buy the pink sheet or over the counter versions they are selling. Am I being paranoid or am I correct to want to own the real shares?? Do you know of a way to buy the real shares without having a large sum of money. I have $10k i'm looking to invest in them. Any advice would be much appreciated. Thanks for your time and love the blog! Cheers!JDhttps://www.blogger.com/profile/03706124434369024650noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-90445752870803628262010-10-05T14:27:10.913-06:002010-10-05T14:27:10.913-06:00Dave,
I should have taken your advice a year ago ...Dave,<br /><br />I should have taken your advice a year ago and liquidated my IRA, taken the tax hit and bought PMs. Well, being a slow learner, I suppose better late than never. <br /><br />Do you see any pull backs in the near future where there would be a good time to purchase physical? I know we are heading into the high buying season for global demand, but waiting for early next year could spell disaster if the price keeps going up at this rate.<br /><br />Any ideas are welcome.<br /><br />Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-75295914393497740372010-10-05T10:28:56.619-06:002010-10-05T10:28:56.619-06:00I'll give B.O. some credit for the move:
&quo...I'll give B.O. some credit for the move:<br /><br />"I realize that we are facing an untenable fiscal situation" - Barrack Obama, yesterdaysatchnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-70909949924063877972010-10-05T09:44:50.005-06:002010-10-05T09:44:50.005-06:00it could also be about "who owns the house co...it could also be about "who owns the house collateral" or the physical vs paper tug of war, or inflation is real, or several other issues you, Midas, Jim S and Jim T, Dan N et al have been kicking around for a bunch of years. <br /><br />And all the reasons seem to be converging now.Halnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-11316580993584139382010-10-05T09:18:07.359-06:002010-10-05T09:18:07.359-06:00There is also the possibility for another false fl...There is also the possibility for another false flag operation to divert the attention of the masses away from their own economic demise.<br /><br />Joe M.Joehttps://www.blogger.com/profile/16005483996588605077noreply@blogger.com