He was just on CNBC, and when he was asked what he had for investments, he said he didn't buy stocks but dabbled in Real Estate. The f'n liar has (had) a larger portfolio of Gold Stocks, than 90% of people.
One of the stocks he owns is IAMGold.
He just couldn't admit he was getting crushed in his Gold Stocks.FROM NOW ON I WILL NOT BELIEVE A THING HE SAYS. "ONCE A LIAR, ALWAYS A LIAR".
Go to Yahoo main Page. Type in:Ron Paul and Gold Stocks.
Just my opinion.
I believe the price of Gold has to decisively break down below $1180 in order for there to be a completion of a bottom. Most bottoms are made when all hope is lost, and I don't see that yet.
As far as the Gold Stocks are concerned, one can buy now, or at least start scaling in.
Stocks are discounting mechanisms, and rise long before fundamentals assert themselves.
Yesterday was a good start. Heavy volume is found at bottoms, and so far IAM yesterday fulfilled that requirement.
It may take a few more heavy downside volume days to complete the bottom.
To make it simple.
At the present price, TWTR has to grow 30% a year for the next 10 years in order to meet expectations.
If you don't believe this, but believe that Psychology will keep pushing it up, then buy.
AS FAR AS I'M CONCERNED,A HUGE CORRECTION IS COMING SOON. REALITY WILL SOON SET IN.
Too many people are ignorant of the facts about the S@P 500.
Just because a company joins the S@P 500 doesn't guarantee the stock will go up. Initially it will go up, because group think prevails, and people think that automatically the stock will continue to climb so they buy.
One must remember, the stock has replaced one already in the S@P 500 that has gone down, and is no longer favorable to the index. Was the inclusion of the replaced company helped by being in the S@P 500?
Of course not.
"Which has zero to do with ABX"
When people post BS so what?.Everything posted is BS.
The only thing that matters is the price of the stock, Since no one knows what that price will be a minute from now, an hour from now, a day from now, a year from now, everything posted is BS.
So relax, unless you can predict the stock price (which you can't) , and let people post what they want to.
What are you talking about? Next quarter earnings don't come out until January.30.
You are an idiot that knows nothing about Gold Stocks.
And, after all of these years neither do I.
Over the years:
I have seen them go up while Gold was going down.
I have seen them go down while Gold was going up.
I have seen them go down during bad news on the economy.
I have seen them go up during good news on the economy.
I have seen them go up, or down, for no reason at all.
So if you're right tomorrow, you'll think you have the answer.
If you're wrong no one will hear from you.
I shouldn't be so harsh, as maybe you are too young to have experienced what I have following the Gold Market.
Or, the first trading day of 2014.
This has happened enough times in history of Gold Stocks to take notice.
I have been observing this for quite a long time.
Since there is no way to measure the worth of a stock with no earnings, the price is only based on dreams
and pure conjecture. It becomes the best kind of momentum stock. The greater fool theory can drive the price much higher than anyone can imagine.
I was shocked to read that in the Obamacare Law, Seniors over 75 (when needing Major Surgery, Dialysis,
all forms of Cancer etc.) will be reviewed by a Panel as to whether they will receive the necessary treatments to address those circumstances. Again, Obama lied when he said there was no such thing as "Death Panels..
Unless the law is over-turned soon, I suggest for people to invest in stocks that address Funerals, and Funeral arrangements.
Since Nancy Pelosi is over 75, let's see (if she contracts some illness where she'll need one of the Medical Procedures) if she is treated the same.
Every few months a piece is carved out of FB's ability to grow.
Pinterest is only one of them that is gaining quickly on FB, but it is not reported much.
Look it up, and make up your own mind.
The stock has gone up over 500% from .95 to 6.15.
If a stock went from 9.50 to 61.50 there would be a huge amount of talk about it.
Psychology is a funny thing. People's prospective is thrown off by how numbers appear to them'
When a stock goes from 50 to 100, it is the same as a stock going from 1/2 to 1.
Believe it or not SIRI got down to .05. It has had the biggest move % wise of any stock.
He has a 50/50 chance of being right, no different than a Hindu Guru who reads cow entrails to predict crop production.
The Gold Market is the easiest to manipulate of all.
There is no other commodity (yes, the Government wouldn't dare call it money which it is ) in which Central Banks are directly involved.