So you are saying the average salary is $60,000/year ($5,000/month)? Have you considered benefits (health care, 401k matching, PTO, etc...)? Oh, what about other insurance costs due to staff? Now let's talk about facility cost saving (rent, electric, heating, insurance, etc...). IT'S SO SIMPLE, TO A SIMPLETON LIKE YOURSELF. Yet, I still wish you the best in your trades. My advise is to "invest", and keep "trading" to a minimum.
Please identify which of these are the dogs, and which are the tails, because I'm not what is wagging what:
gold prices; GLD; NUGT; gold mining stocks; DUST; GDX; oil prices; Nasdaq Index; DOW index; S&P index
I'm totally confused at this point. Nothing makes sense in this sector.
NUGT "should" end red today, but so far it has held the green.
They're just tools for the big boys to influence the Gold market, and grab your money. NUGT drops quickly, then 30-40 minutes later the spot gold drops fast. Talk about the tail wagging the dog, but that's what you get when these EFT are setup to influence markets.
Still down $12 for the day, but starting to show an uptrend. The only reason for the drop was "talk" of QE ending early than expected. That's BS at it's best. QE will continue and increase in the coming months. Mark my words.
Yes IAG is down, so is NUGT (3x Gold Miners bull ETF) which most miners follow in the same direction. Plus, the day is young, let's see how things play out at the close.
My understanding is ALU lost $481 million this quarter. That translates to about $0.22 / share loss. Is this right? The only article so far is on Seeking Alpha, which is not really legit.
Who is buying/selling this stock, 200 shares at a time? Either selling or buying doesn't make sense at this volume. There's no profit on either side when you're paying $10 x 2 (Buy and Sell) commission. Stop this silliness and put in orders of at least 2000 shares.
the SEC has been asleep for about 12 years. As long as no one steels from the big boys, and they continue to get their paychecks, it's business as usual.
Man, you have calm down. You're like the Duke brothers at the end the Trading Places. "TURN THOSE MACHINES BACK ON! WE OWN THIS EXCHANGE! IT'S OURS!"
I really hope you didn't buy options. At least I own the stock, and can wait out this whackiness.
All the best,
The excessive price drop doesn't have to do with gold. It's mostly about Molycorp (Sym: MCP), and the rare-earth mining. The uncertainty of that is what's bring down IAG, ABX, and other in that sector.