Management really shafted shareholders. Silver may have more to drop. Goldbugs ahve been wrong for years about when gold would move. Now that gold starting to move you can't realy predict the timing. When you can't deliver what people want to buy, you sell them what you have.
today? Buffett says..." “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” Most people are like sheep and do exactly the opposite.
That's right, everybody has an opinion so you listen to the poor guy and I'll listen to the top dog. If that's the way you want to play your portfolio, be my guest.
What this means is that he wants to buy at $2.75
There is no added value in the EU bureacracy. It is wasteful and constrictive. I am judging the situation by the comments of people I respect highly that have first hand knowledge of the situation. They are Boris Johnson and Nigel Farage. I also heard the wealthiest guy in UK on talk radio saying the UK would be better off out of the EU (sorry I didn't catch the name, but it might benefit you to do your own research). UK is the world's fifth largest economy and has a tradition of economic and political freedom which will sustain it well. EU priorities now seem to be antagonizing and sanctioning Russia, which should be a trading ally and partner, and running NATO war games on their border, and printing $$trillions of money with no backing while their (EU) economy collapses. Time to dump those losers. The people have spoken and David Cameron, who was just trying to guarantee his future in the EU elitist bureacracy shoould be kicked in the #$%$ and shoved out the window.
Well, I just got back from lunch and it looks like it's going higher. EU is a wasteful elitist boondoggle which is all about the political class expanding their powers and getting paid for doing nothing (or the self serving thing) so you'll see a lot more countries leaving.
The wealthiest guy in UK said on the radio that UK is better out of the union so I guess I'll take his word for it. This was only an advisory poll and will take years to play out. EU economies will still trade with UK because UK is world's 5th largest economy and the EU is going to need all the business it can get, especially with goofballs like Merkel having so much influence. The EU unelected commissions and regulations are about as helpful as an extra teat on a cow.