The gold time series is like unemployment, it's either going up or going down, and those trends last for years. The commonality in the equation is the Fed and the dollar. Even if the Fed prints money out its gigee, when everybody else does the same thing in lockstep, it doesn't matter. So, unless there's a major external shock, episode, or crisis, gold has no place to go but DOWN for years. In fact, seven years is a relatively short cycle for gold, and we're only in the first two years of this downturn.
Get smart Dudes, unless there's a war, gold is headed back under $500. Given that Obama's Commander/Chief, don't expect a broke America to rush in as the world's police person any time soon. The real money is with the shorts. You got the balls to make money or are you a wussie?
marco the great
The rain never stops and never gets better. Just when you thought GLD bottomed, the rain stopped , and things would get better......it gets worser!
marco the great :
Up over $3,000 from my first short @ $164.33. Shorted another 200 @ $162.44. Reset stop @ $163.02 on all 1,200 shares. money, money, money, money. Hey, anybody see my barrel?
marco :
Am I great or what? Just made an easy $775 today. No commission, I have 3 free trades.
Yea Baby. money, money, money, money.
marco the great - Hey, who's your daddy?
I know, I know, 20 straight up days for SPY on Tuesday. So, why did I do it? Here's a hint. I'm forced to wear a barrel when I go out, because my balls are way too big to fit in my pants. Let SPY close @ $163.33 and I'm up $1,000. Besides, this ain't my money, it's my girlfriend's brokerage account which I have trading privileges. I made her a bunch of money when I bought INTC @ $21.25 a couple of months ago. Just dumped it today @ $25.00. I made her $3,750. Like taking money from a baby. Oh, I'm so freaking great.
marco the great, taking money from fools and spending it on big cars and big cigars.
The Hindenberg Omen spells disaster for everything. At 8:15 I'm going short SPY with everything in my margin account. Wish me luck. By Friday I'm gonna be a millionaire.
marco the great - it's time to go short BIG or go home
Your body sweats...
your mind goes on double time, a one track mind
yea, you like to think you're immune to the stuff
oh yea,
closer to the truth is, you can't get enough
you know you're gonna have to face it you're addicted to GOLD.
Ya might as well face it you're addicted to GOLD
yea, ya might as well face it you're addicted to GOLD.
I'm just wondering who the greatest fool is and will be the last to dump this sinking Titanic.
marco the great
The 5-year chart is probably the best predictor.
Looks like SLV will settle in a trading range betwen $15 and $20. If the big silver buyers and institutions combine to teach silver speculators a lesson they won't forget, SLV will bottom around $10.
They haven't even begun to naked short the silver ETFs yet. When they do, look for 10% - 15% drops a day. That will make the bottom.
Golly gee, I'm sure glad I didn't buy this sinking Titanic last year. Next time, instead of trashing the US and its currency, buy something made in the USA. Sell your silver, or what you have left and buy a US made car or something.
marco the great, a silver free guru
This just in: Mary's sister, a day care nurse, takes care of the mother of a rich stock broker who made a lotta money last year. He said that INTC will be forced to take a HUGE charge stemming from a lawsuit claiming monopoly and price fixing in Europe.
When the news breaks, INTC won't even be worth $14. Better dump and short as much as you can before this news breaks.
marco the great
I can't believe how easy it is to make money shorting this POS ETF. This is better than shorting those Chinese IPOs a few years ago.
money, money, money, money
marco the great
Insider Purchases - Last 6 Months
Shares Trans
Purchases ZERO, Nada , nope not a single one
Sales 213,573 11
Net Shares (Sold) (213,573) 11
Total Insider Shares Held 3.13M N/A
% Net Shares Purchased (Sold) (6.3%) N/A
Net Institutional Purchases - Prior Qtr to Latest Qtr
Net Shares (Sold) (83,096,400)
% Change in Institutional Shares Held (2.71%
Ah, check out the insider dump list and anybody with a little common sense knows there's big trouble. Hey, they're the directors and VPs, if they're dumping they're telling you something.
Looks like Vangard placed a huge sell order. It could take weeks of constant selling before their inventory gets distributed among greater fools.. All the institutions are bailing.
Get smart for once. Sell what you have left and short this POS.
marco the great
On monday two of INTC's biggest institutional holders threw in the towel and want out. They got their last dividend and put a sell order in for the mother lode.
Lisa estimates almost 800,000,000 shares of INTC are being dumped. If INTC doesn't buy them, this stock will be under pressure for weeks, if not months.
Seriously folks, INTC could go back under $15 again as everybody panics to get out.
Short your position just in case.
marco the great
Don't tell anybody, but, the cleaning lady's uncle says INTC going under $18 and won't break $20 for 10 years. INTC will take a huge charge and be forced to suspend the dividend.
marco the great
Get wiped out Monday. Just got an e-mail from a "large unidentified money manager" that there's going to be cluster ph-ck on AAPL Monday morning and for the usual suspects to be ready to do the right thing for Herb.
you've been warned!
marco the great
An old INTC baggie who paid more than $23 for INTC, or, ....a new INTC baggie who didn't learn anything and did so recently?
Within 7 years the only PCs will be at flea markets. Nobody under 30 uses them anymore.
marco the great
Well, well, I guess we all know who you work for vinnie. Did INTC IR just renew your 2 month contract? INTC is skimming the bottom of the barrel now with idiots like you.
marco the great telling like it is
Just got word is that INTC may be forced to cut the dividend from .90 to .60. Help me out here, I'm new to stocks. Is that good or bad?
marco the great
Sorry, you should have dumped while you had the chance.
Maybe you can dump pre market before big dump at 9:30.
marco the great
How do you think AAPL got to 1,000,000,000 shares? That's right, they keep giving away the store year after year as freeby management options. What does it matter if they buy back 10%, or 100,000,000, shares in 3 years, then give away 125,000,000 shares as management options? AAPL woundn't have to buy back any shares if they quit giving it away.
That 3% divy is the lowest of any major techie, like INTC or MSFT, so look for AAPL stock to fall to the $350 range, where it will be forced to pay 3.5%. AAPL needs to buy back stock because they're giving away too much and are flooding the market with insider shares. Insiders know they need to dump immediately, if not sooner.
marco the great - the only one who tell ya like it is.