let me clatify.Not that your prediction was dump.In a year paas could be trading at 3 or 4 or 13 or 14.
Its u can pretty much assure a double.Thats the dumb part imo
Oh please azdude.
U CAN ALMOST ASSURE IN A YEAR ITS A DOUBLE FROM HERE
THE N SELL ALL YOUR ASSETS AND YOUR BLOOD AND BUY PAAS TOMM 1ST THING.u cant lose.Even if your dumb prediction is wrong by half u still make 50per cent.LIQUIDATE EVERYTHING U OWN AND BUY TOMM AZ..DONT JUST POST AIR
You still lost alot of money ted. I will hold paas and I can pretty much assure you ted a year from now it will be worth double what it is right now.
hggyt5 Precious metals not rising in spite of market meltdown. PAAS down. Deciding to get of this market weeks ago and unload my portfolio was one of the smartest decisions I ever made.
I would of thought silver would be way way up today with the dollar and the market tanking. Looks like I was way off on that one. Gotta start to wonder if we will ever have a silver rally if we cannot even get one today.
So did Suzie Orman preach that on her show? Would tend to disagree. In a volatile market with alot of nervous nellies around you want to own silver and gold.
Tom McClellen did it better. Picked the EXACT DATE OF THE MARKET CRASH THIS WEEK and PUBLISHED IT THIS PAST WEEKEND. He DID develope something your broker uses every day.. called the McClellen Oscilator
I see you have calmed down a bit since silver came to its senses abit.
I was in arizona last dec 17 th at 2pm picking oranges lemons and grapefruits off of trees.
And i was sitting in a bathroom on friday july 31 from 3 pm to 4 pm on the atlantic ocean.
When are these management teams going to do something for shareholders. All the #$%$ tech companies are buying back stock when the stock is way overvalued. These miners won't buy back when it is ridiculously low.
It's interesting that in my July 21, 2015 message, in the middle of all the gloom and doom, I wrote: I'd give it about a month
It's August 21 today, just happened to be exactly a month since I wrote that.
Well, yesterday and today I sold all of my precious metal miners including all of my PAAS. For the first time in a long time I'm not holding any PM stock. This is not a trading call on a short term sector top but rather a call on a longer term belief that gold will underperform oil and gas and may in the coming months drop significantly from the current $1,160 level.
Finally I should mention that I do follow and use seasonal trends in my investing and I am aware that the seasonal strength period for gold miners runs from July to early October. If gold strengthens more in the coming weeks I'm thinking about selling some of my gold certificates. I may do that anyway by October even if it doesn't rise, and would be putting some of the proceeds in vehicles that would benefit from a long term recovery in the commodity price of oil and gas.
Silver is an industrial metal. And since the world economy is slowing silver along with copper, platinum, iron ore, etc. is dropping.
Gold is more of a monetary metal. People and countries flee to gold in times of distress.