By late 2015 and now into 2016, registered “owners” against Comex gold spiked to a nosebleed level of 542-to-1. Thus if even one claimant shows up for an ounce of yellow metal, the cupboard will be bare — and there are 541 other claimants as well!
By comparison, your child has about 30 times better odds of applying and getting admitted to Harvard, Yale AND Stanford than does a Comex contract holder have of walking away with one ounce of gold. Good luck with that!
lick Xi's boots.
Would you buy loans from a company known to lie about the quality of loans on its books? Thought not. Short away.
The problem is... never short a dull market and markets climb a wall of worry. Feeling very neutral on the market. I was reading Zero Hedge too much. Back to taking what the market gives. A much better plan.
A nailed NUGT. Have traded it for profit several times. Should have just held. Up 15% on current batch.
Growth? Ain't nobody got time for that!!! Just be buying your stock back at 1.5% interest. Choo Choo all aboard the Finical Express!