seasonal weakness. slumping demand. over-supply. global recession. el-nino = warm winter in US. iran sanctions to be removed.
pick your poison. any one of them will kill you.
so, while buzz keeps yapping about......well, nothing.....
oil is dropping just as i told you it would.
whats funny, as buzz hopes i lose money (which i dont), he is actually rooting against his own gold position. afterall, if printing saves the world and everyone is constantly bailed out, gold will continue to drop.
so, thanks buzz, for proving once again how stupid you really are.
"your such a charming soul."
i have very little tolerance for stupidity and/or laziness.
"also I rarely follow threads so there you have it"
if you had bothered to read the thread, you would have understood i was selling USLV. dont expect others to make the assumption that you just randomly pick posts to read, and then repsond without having all the information. again, id expect that out of buzz or dez.
were you unable to follow the thread? it looks pretty spelled out to me.
i expect this kind of stupidity from dez or buzz or larry. not you.
sold it for a 25% loss. only 100 shares, so no big deal. gold and silver about to make some big moves down, imo.
oil weakness before jul4. does not portend well for energy bulls as we move into the seasonally weak period for oil prices and demand....
as iran oil about to come on line in a few weeks. whats another 1.5 million barrels/day? rumor is, iran already has over 30 VLCC tankers loaded and ready to dump onto the "market". over 60 million barrels. oil traders will soon be filling up their olympic sized pools with fresh sweet crude.
dropped as low as 1.43, and now all the way back to 1.65
now waiting for dez to claim victory because he had an order to buy under $1.50. he just forgot to post it.
once he's done vomiting as he watches CNX, RIG, BTU crumble, im sure he'll post that brilliant purchase.
really? ive now booked gains over $27k on uvxy in the last year and my current paper loss is just over 20k. net 7k in uvxy gains during the last 12 months.
how's your gold performing in comparison???
rofl. luckily for dez, he is a great seer of the future whereas i only see the rearview. his buying of BTU at $11 was a strategic purchase to lose 85% before the great rally begins......
too bad i only see the rearview. otherwise, i would still be holding my $4.58 BTU for a 2.70 loss instead of selling for a 10 cent loss. my bad!!!
im bailing on my uslv today. there may be some minor bounces coming for pm's, but the charts look like a big down move is coming. im not interested in avg down on a position that looks like a loser.
i'll look at going long silver when its near 12 and gold near 850-900. until then, not interested.
In the trailer park, we put bars across the windows to keep the racoons out. Sorry you weren't smart enough to open it. Even my 5 year old daughter figured it out.
big swings today with quarter end window dressing. vix barely moving as stocks rally. i was hoping to get uvxy i sold yesterday back at $37-38. no such luck so far.
in a few hours, the greek debt covenants will kick in. who and how much will they suddenly owe? and, since they wont be able to pay, who will start the dominoes of cds being triggered?
thanks larry. this post is now bookmarked. just like the others. i dont spin anything.....i have your actual posts with your purchase prices. you do the spinning because you dont even know what you paid.
this bookmark should be good for a ton of laughs in a few weeks/months.