Now look at what is happening to the price of gold and oil. Think it's a coincidence? Keep watching...
You can bet your bottom dollar they are all in pumping Gold right now..they are wise to China's plan.
You can bet this was about buying gold ahead of China...
They know what China is up too...and the paper will be worthless soon enough. Boy is this going to blind side us or what???
Answered my question on GSS stock and said it's ripe for a gain because China has been moving in for a buy in the district where this mine is located in Ghana. He's an economic geologist and puts these deals together for a large Chicago mining conglomerate. So, I am buying, not shorting...change of course.
Going to crash even harder like it did last two weeks after a day pump. It's like it's last heave before the next stair down.
BETTER BUY THAT FAT MATTRESS...it's coming. 90% of your check...VAMOOS!
Bingo, that's why I capped out o FNMA from .25 cents and sold at $5.00 and made a mint. and now I see the same story repeat with gold as the sheeet hits the fan.
lets talk turkey next week when we re making money and boneheads getting shilled on bluechips and OTC's
The World Financial debacle keep on cartwheeling down the mountain (spintering over rocks along the way).
You think the Spanish are stupid? They are licking their chops at the next banking debacle to buy them up cheap, starting with the Corrupt English Preeecs. Now you know why Germany recalled its gold reserves, Germans aint dumb. They want to enjoy the rummage sale too.
-Merkel is being voted out.
-German banks are stressed out of the PIG loans and failing oil
-JP Morgan and Chase and AIG and the rest of the MAfia Shillers went from sell to Neutral on Metals commodities.
-Yellen is talking about NEGATIVE INTEREST RATES.
-China's lies about inventory are transparent as US and EU ISO Corporate Quality Auditors expose them.
- The Shiites don't plan on turning off the tap, so they can rest assured the Sunni's have less money to buy guns and planes and bombs.
-You have the only sane intelligent man left in a Corrupt federal System now dead (last of the Reagan appointments).
-A Socialist v. a Immoral Scam Artist running for the Democratic seat.
-A fat spoiled #$%$ with a penchant for Swedish Blondes and Maine Lobsters trying to extort more funds from the World Bank.
-Greece still sucs and has 6 months before the bank folds completely, say bye bye to EU.
-Putin basically creating a new America in Russia and America acting like the old Russia in the Middleast.
and on and on and on...
And now you know why Germans brought back their gold. They remember those days of burning cash to keep warm. Think its a joke? Then ask Trump why he want to take America off the paper standard. And he can...if elected.
You need tangible equity to slow down the printing press and control inflation and printing presses and borrowing. You can only spend what you have to back it up. Paper destroyed that and he knows it. He wants to set precedent and get the edge of the Yuan and he knows the US has the leg up on China in this regard. Watch what happens next. Google Trump on Gold. He makes rand Paul look like a Tee Totaler.
No, low and high risk 401k portfolio, took 6 yrs to get back to within 5% of where it was pre-2008. We lost all those years in profits