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Survival and Preparations Long and short term survival and 'prepping'.

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  #921  
Old 09-12-2014, 8:13 PM
cantcme cantcme is offline
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Laws will continue to get stricter on ammo. Licenses, fees, limits, banning. Ammo that you can sell between private parties will go up in value regardless of the condition or direction of the economy.
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  #922  
Old 09-13-2014, 8:24 AM
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Stackers would love this prediction to come true.

Worth a peek to keep you from selling.

Me thinks this controlled crank down in price is nothing more than to free up some physical. I never mark to market, learned that from el banksters. Let it fall, can buy more on sale !

Buy buy buy...Cramer time

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  #923  
Old 09-13-2014, 3:05 PM
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I could be wrong but profits on physical gold are taxed at 30-35%. I'm going to guess most people taking profits are not paying their taxes.
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  #924  
Old 09-14-2014, 5:36 AM
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Quote:
Originally Posted by greensoup View Post
I could be wrong but profits on physical gold are taxed at 30-35%. I'm going to guess most people taking profits are not paying their taxes.
Is that because you can't write off any losses? Bastards got you coming and going don't they.
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  #925  
Old 09-15-2014, 4:57 PM
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I am just a small time player in the silver/gold arena, but it does ouch a little to see maples I bought a couple weeks ago to drop in price so fast.

Just let it ride and see what "tomorrow" brings
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  #926  
Old 09-15-2014, 8:07 PM
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^^
That's the ticket.
This isn't a short haul thing.
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  #927  
Old 09-18-2014, 4:03 PM
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Diversity is the answer. Cover your *** ets. ..

Where is the true value. Stocks Bonds? Brass Lead? Silver Gold?

When it all falls down what do you think.
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  #928  
Old 09-18-2014, 6:02 PM
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Gold prices are dropping stocks are up nicely over the year.
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  #929  
Old 09-18-2014, 6:13 PM
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Quote:
Originally Posted by Twinkies View Post
Apples and oranges? no, that's more like daffodils and sledgehammers. Its like trying to convince a teenager they should put down the Sprite and Mountain Dew and maybe eat some vegetables before them, their friends, and whole US contracts type 2 diabetes. But teenagers really like sugar, and they know better than you anyway. alllllrighty then.
You may be getting the point.

How many bitcoins were stolen recently? And want happened to the company that got hacked?

Gone and gone right?
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  #930  
Old 09-19-2014, 10:55 AM
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Gold and silver have been looking extremely weak and are overdue for a relief rally... But there remains no compelling reason to buy. As before I see lower lows on the selloffs and lower highs on the rallies.
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  #931  
Old 09-19-2014, 11:19 AM
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Quote:
Originally Posted by therealnickb View Post
You may be getting the point.

How many bitcoins were stolen recently? And want happened to the company that got hacked?

Gone and gone right?
yep, Mt Gox was a large exchange.. and it disappeared. 650,000 bitcoins have gone missing. Prices went from $1000 range to $150 range when this happened. It recovered sharply, and has tapered down to $400 currently.

Do banks go out of business? Where's Lehman Bros? How much of people's money has been used to bail out some of these banks? Do banks steal people's money? How many TRILLIONS has the Fed stolen in fiat dollars just the last couple of years?

Bitcoin theft looks extremely tame compared to fiat dollars if you ask me. Do you remember how much the internet sucked in 1994? I do, look how awesome it is now and what a game changer it has become. Bitcoin is a technology.. it will improve greatly in the coming years, especially security. Maybe there will be more thefts, maybe another crypto will take over as king, who knows.

Gold is at $1217, silver at $18, bitcoin at $400.. all are down likely due to the Fed's announcement it will continue inflating the dollar bubble another year. Although you can't really call it a bubble any more.. its more like the Hindenburg, and theres a thunderstorm in the distance.
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  #932  
Old 09-19-2014, 12:17 PM
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Whatever helps you sleep.....
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  #933  
Old 09-19-2014, 7:04 PM
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Originally Posted by Twinkies View Post
...Gold is at $1217, silver at $18, bitcoin at $400.. all are down likely due to the Fed's announcement it will continue inflating the dollar bubble another year.
Are you suggesting that gold and silver are dropping in price because the Fed is continuing to print more dollars? Isn't that the exact opposite of what you've been saying so far?
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  #934  
Old 09-19-2014, 9:17 PM
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Are you suggesting that gold and silver are dropping in price because the Fed is continuing to print more dollars? Isn't that the exact opposite of what you've been saying so far?
QE is ending.. however, the Fed is keeping interest at near zero until July? 2015.

The divergence of PMs in relation to the dollar will not last... thats my point.. PMs are severely undervalued.. something will happen. The dollar's days are numbered. Nobody has tried to deny that here so far, if you have a case to lay out for the endless upward surge of the stock market when the fake money ends, let's hear it.. something besides a one liner.
The evidence is overwhelming that we are in a worse bubble than 2008, how can this continue? Where would you put your investments if you think PMs have no value?
Also, please explain why other countries are now either hoarding PMs, or trying to take them back.
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  #935  
Old 09-20-2014, 8:48 AM
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QE ends. Interest rates rise. Metal falls further.

The whole world runs on "fake money". Considering our competitors, the US will be last to fall and it won't be in our lifetime.

I'll say it again, there is nothing wrong with owning some metal. But most of your investments should be growing, producing income or both. Metal does neither.
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  #936  
Old 09-20-2014, 10:45 AM
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Quote:
Originally Posted by Twinkies View Post
The divergence of PMs in relation to the dollar will not last...
What specific divergence are you talking about.

Quote:
Originally Posted by Twinkies View Post
PMs are severely undervalued..
This is an unproven assertion...

Quote:
Originally Posted by Twinkies View Post
if you have a case to lay out for the endless upward surge of the stock market when the fake money ends, let's hear it.. something besides a one liner.
I'll give a one liner anyways.. Record profits equals record stock market highs.. pretty simple stuff.
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  #937  
Old 09-20-2014, 2:40 PM
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Something those graphs tell us that's pretty important is that there is something way out of balance on the mining side of things.

The claim all in cost of gold is $12XX. Yet less than 10 years ago it was <$400.

I'm going to guess it's not industrial demand because you don't see a spike between 1998 and 2001 when you had a huge technology jump.

So clearly they can easily still produce much cheaper gold from good mines, they're just pumping up expenses with operations that don't produce.
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  #938  
Old 09-20-2014, 2:54 PM
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You NEVER pay too much for gold or silver -

You simply sell it too soon...
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  #939  
Old 09-20-2014, 5:50 PM
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Quote:
Originally Posted by DannyInSoCal View Post
You NEVER pay too much for gold or silver -

You simply sell it too soon...
Said every sales guy.......
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  #940  
Old 09-20-2014, 8:45 PM
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Yes price will continue to fall due to availability of natural resources in the USA and less demand in the practical use of the material
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  #941  
Old 09-20-2014, 9:38 PM
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be nice if the us mint would reduce prices (2 be more in line with current silver) They are happy to jump on the raising cost of silver bandwagon, but rarely go backwards.

I used to collect annually couple silver proof - for the kids. Now the prices seem too high.
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  #942  
Old 09-20-2014, 9:49 PM
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Well, to make those proofs they had to buy their silver a while back, when it was significantly higher. and being the treasury, they are not very likely to want to eat that loss AND being the sole source of proof sets, they don't have to.
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  #943  
Old 09-21-2014, 9:21 AM
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With current spot below $18, is it a good time to buy or wait?

What say ye stackers?
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  #944  
Old 09-21-2014, 9:46 AM
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Quote:
Originally Posted by Dutch3 View Post
With current spot below $18, is it a good time to buy or wait?

What say ye stackers?
Wait...I wouldn't touch Silver over $15. I think it trades in the $10-$12 range in the next 6 months.

PM's are NOT a good investment right now.

Depending on how quickly and how high interest rates rise, Silver should fall in tandem.

I don't see Silver over $20 again for some time...possibly years.

It all depends on the Fed.

The next rotation will be out of equities and into fixed income investments as interest rates rise over the next 2-3 years.

I can see 5% 1 yr. CD rates toward the mid to end of 2016...maybe sooner. At that point most people in retirement, (the 70+Million Baby Boomers), will rotate out of equities for safer, income producing investments.

Also, it has been 707 weeks since there was a 10% correction or more of the DOW & S&P 500. I expect a 10% drop in the next 6-8 months.
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  #945  
Old 09-21-2014, 1:07 PM
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Quote:
Originally Posted by Dutch3 View Post
With current spot below $18, is it a good time to buy or wait?

What say ye stackers?
The price will probably slide for a little while. I try to buy a few coins every month but will probably hold off another couple months before I make a larger purchase.
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  #946  
Old 09-21-2014, 7:37 PM
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Keep your powder dry boys.....
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  #947  
Old 09-21-2014, 7:54 PM
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Originally Posted by glockman19 View Post
The next rotation will be out of equities and into fixed income investments as interest rates rise over the next 2-3 years.

I can see 5% 1 yr. CD rates toward the mid to end of 2016...maybe sooner. At that point most people in retirement, (the 70+Million Baby Boomers), will rotate out of equities for safer, income producing investments.
IMHO, you have it backwards, main street is underexposed to equities and overexposed to bonds and safe investments. I think they will rotate out of bonds/cash/gold (depending on the investor, their choice of what they perceive as "safe") and into equities just as they always do near the end of bull markets. Joe sixpack runs out of stocks at the worst time and jumps back in at the worst time. They will see stocks gaining 300% since the lows and their bond funds dropping as interest rate rise and switch from bonds to equities. The one thing you can count is for main street to get things exactly wrong.

Last edited by smashycrashy; 09-21-2014 at 8:36 PM..
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  #948  
Old 09-21-2014, 8:11 PM
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9:10 PM
$17.50 per ounce
Wow!
I never thought I would see silver drop this far or fast.
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  #949  
Old 09-22-2014, 9:08 AM
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so, how bout that palladium.......
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I have to wait until all the info is in before I make a statement. Obviously the family dogs had it coming.... other than that, waiting on more info.
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  #950  
Old 09-24-2014, 3:51 PM
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Did anyone notice the article about the worlds billionaires and what they are hoarding......it's not silver, nor gold....



http://money.msn.com/top-stocks/post...ocid=ansmony11

JUST US dollars !
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  #951  
Old 09-24-2014, 6:18 PM
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Originally Posted by Ripon83 View Post
Did anyone notice the article about the worlds billionaires and what they are hoarding......it's not silver, nor gold....



http://money.msn.com/top-stocks/post...ocid=ansmony11

JUST US dollars !
Not actually what the article says. It says they hold 19% of their wealth in cash, oh so no interest, there goes your gold doesn't return interest argument.

Also says they only hold 20% in Real Estate.

They go on to say they much prefer a return of their asset today instead of a return ON their asset. One can draw they may actually be buying PM's as they have always been a excellent store of wealth.

I don't find this odd in the least. I hold equal parts PM's and Cash, while no more than 20% in RE.

I may have lost some value in PM's of late but I can go abroad now and get much more bang for my buck then a few months ago. It's a wash, it's what the rich are trying to do today because the system is in great despair.
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  #952  
Old 09-24-2014, 6:44 PM
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I can assure you, RE is not all it's cracked up to be. I've been in the commercial end for almost 4 decades. It is not an easy play. I was flipping homes 30 years ago. I bought my first home at age 21 with 100% financing and the 2nd shortly afterwards same way with a twist. I borrowed on my credit cards for the down which I had put in the bank. They required me to pay off a those cards to qualify. I said all I have to do is show you the receipt I paid the CC balances off with and I'm in? Yep they said. I had told my load agent I keep cash under the mattress, ha ha. I went to other CC companies borrowed equal to the down again and paid them off. Showed the receipts and closed escrow in less than 3 days. Flipped a $170k house in 2 months for $250k in a hot market.

If your not going to hold RE for decades, just like Gold/Silver you can't be assured a winner.

Wealth was really made by speculators who bought DIRT or SAND and let urban sprawl make them rich beyond their dreams. Guess what? Dirt doesn't pay interest.

I've seen a lot of building owners go bust or struggle struggle struggle to make ends meet.
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  #953  
Old 09-24-2014, 7:25 PM
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Originally Posted by sixoclockhold View Post
Not actually what the article says. It says they hold 19% of their wealth in cash, oh so no interest, there goes your gold doesn't return interest argument.

Also says they only hold 20% in Real Estate.

They go on to say they much prefer a return of their asset today instead of a return ON their asset. One can draw they may actually be buying PM's as they have always been a excellent store of wealth.

I don't find this odd in the least. I hold equal parts PM's and Cash, while no more than 20% in RE.

I may have lost some value in PM's of late but I can go abroad now and get much more bang for my buck then a few months ago. It's a wash, it's what the rich are trying to do today because the system is in great despair.
Actually it says that RE is 20% of their cash assets, so they only hold ~5% of their assets in RE.

The way I read that article is that billionaires are fully invested in the stock market and aren't finding any other great place for their money. They already have RE, don't need more, PM's are poop, and everyone is convinced that interest rates will rise so why buy bonds? So stay liquid and wait for opportunities.
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Old 09-24-2014, 7:38 PM
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Interest rates cannot rise. There is 3/4 of a Quadrillion in derivatives tied to interest rates that will trigger. Can't bailout those kind of losses.

Japan should be your guide, housing will go poop as Japan's did and interest rates will stay low foreva....

Until it all goes poop.

Average car loan in the states a whopping $27,000. The system is on it's last debt leg with 50% of Americans making $27k a year. No growth in wages seen on the horizon.

The system is primed for a reset, China and Russia aren't holding hands for nothing. We will get SDR's probably backed in part by Gold when it goes boom. And it is going to go Boom.

Shorted the QQQ's today, risk on !!!
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  #955  
Old 09-24-2014, 8:28 PM
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Default IN THE END, NOTHING ELSE MATTERS

"Can you show me your gold?"

http://www.bloomberg.com/news/2014-0...oser-look.html
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  #956  
Old 09-24-2014, 8:58 PM
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Quote:
Originally Posted by Ripon83 View Post
Did anyone notice the article about the worlds billionaires and what they are hoarding......it's not silver, nor gold....



http://money.msn.com/top-stocks/post...ocid=ansmony11

JUST US dollars !
They must be confident the Fed won't pull a "Bank of Cyprus." Good for them.


Here's another article from msn. Apparently the world didn't get the memo that they should ditch PMs and invest in the US stock market. Suckers!
http://money.msn.com/exchange-traded...-piles-of-gold


Quote:
Originally Posted by sixoclockhold View Post
Interest rates cannot rise. There is 3/4 of a Quadrillion in derivatives tied to interest rates that will trigger. Can't bailout those kind of losses.
yep, the whole system nearly unraveled with something like $520 trill in derivatives in 2008. There will be no "bail out" this time, the US has no other game plan besides starting wars over the petrodollar.


Silver is now at $17.65/oz
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  #957  
Old 09-24-2014, 9:44 PM
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6 & twink.

I wish no ill will. But reading the above is troublesome. The sky isn't falling and if it did gold will not save your dome.

Confirmation Bias is not your friend.
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  #958  
Old 09-25-2014, 6:30 AM
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6 & twink.

I wish no ill will. But reading the above is troublesome. The sky isn't falling and if it did gold will not save your dome.

Confirmation Bias is not your friend.
.
All good, just covered my short, not a bad 4% gain in an hour

Oh and the sky fell already for 1/2 of the Americans who can't keep up. Let's hope they stay off the warpath.
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  #959  
Old 09-25-2014, 7:15 AM
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All good, just covered my short, not a bad 4% gain in an hour

Oh and the sky fell already for 1/2 of the Americans who can't keep up. Let's hope they stay off the warpath.
Quote:
Originally Posted by sixoclockhold View Post
Interest rates cannot rise. There is 3/4 of a Quadrillion in derivatives tied to interest rates that will trigger. Can't bailout those kind of losses.

Japan should be your guide, housing will go poop as Japan's did and interest rates will stay low foreva....

Until it all goes poop.

Average car loan in the states a whopping $27,000. The system is on it's last debt leg with 50% of Americans making $27k a year. No growth in wages seen on the horizon.

The system is primed for a reset, China and Russia aren't holding hands for nothing. We will get SDR's probably backed in part by Gold when it goes boom. And it is going to go Boom.

Shorted the QQQ's today, risk on !!!
Personal observation: I live/work in an area where the real estate purchasing by foreign investors (mainly China and Middle East) is very high (high rent district). They are getting as much money out of their countries and into something tangible as quickly as they can. That and they do the Business owner residence/green card game so they can stay here and move the family over - Prep. for the world economy flop.

Quote:
Originally Posted by Twinkies View Post
They must be confident the Fed won't pull a "Bank of Cyprus." Good for them.


Here's another article from msn. Apparently the world didn't get the memo that they should ditch PMs and invest in the US stock market. Suckers!
http://money.msn.com/exchange-traded...-piles-of-gold




yep, the whole system nearly unraveled with something like $520 trill in derivatives in 2008. There will be no "bail out" this time, the US has no other game plan besides starting wars over the petrodollar.
^ ^ ^ Agreed. It's called unsustainability.
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  #960  
Old 09-25-2014, 7:24 AM
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Quote:
Originally Posted by sixoclockhold View Post
All good, just covered my short, not a bad 4% gain in an hour
Ok, I call BS, if you take QQQ at its highest point yesterday and to its lowest point so far today, you get nowhere near 4% gain/loss.

Oh and for such a weak market day for gold/silver to be acting like they are is a bad sign for the metals, people selling off their stocks.. they aren't finding refuge in the metals.

Last edited by smashycrashy; 09-25-2014 at 7:27 AM..
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