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Cesarnc's market talk, gossips, rumours & fun

  • #6,701
  • Edited 8:04am Mar 19, 2008 8:00am | Edited 8:04am
Quoting DutchTrader
profit taking. Wouldn't you take some money off the table if you were holding gold from $500?

Been holding since 340ish back in Sept. 01 when a good bag of grass cost more than gold.

Well, thats what my friend told me anyways. I wouldn't really know how much grass cost, but I think he said it was $400 an ounce for grad A grass. Don't know what that means
Just Trade It
  • #6,702
  • Mar 19, 2008 8:00am Mar 19, 2008 8:00am
Quoting DutchTrader
profit taking. Wouldn't you take some money off the table if you were holding gold from $500?
No, not me. Seriously, I wouldn't.

http://66.38.218.33/LFgif/au968-999D.gif
Humble Lifetime Member
  • #6,703
  • Mar 19, 2008 8:02am Mar 19, 2008 8:02am
Quoting Big Wave Rider
Been holding since 340ish back in Sept. 01 when a good bag of grass cost more than gold.
Good man. Hope you bought A LOT!!

Anyone familiar with Goldmoney.com
Patience + Humility + Study = Success
  • #6,704
  • Mar 19, 2008 8:04am Mar 19, 2008 8:04am
Ash,

Not being presumptuous but I don't think you're Calpers. The big funds are taking money off. Friend of mine's a hedgie, they're selling a bit and buying back into rallies. Lots of folks are gunning for $1,500 - 2,000
Patience + Humility + Study = Success
  • #6,705
  • Mar 19, 2008 8:10am Mar 19, 2008 8:10am
I read an interesting article a while ago, that said if they had to re-couple and back every usd with gold again, for all the money they've printed lately, it would be worth about $39K an ounce .
Carpe Divitiae
  • #6,706
  • Mar 19, 2008 8:10am Mar 19, 2008 8:10am
Quoting DutchTrader
Good man. Hope you bought A LOT!!

No Bought more grass than gold.

The grass is gone















Just kidding, put my entire savings in gold. This was shortly after 9-11
Just Trade It
  • #6,707
  • Mar 19, 2008 8:14am Mar 19, 2008 8:14am
@BWR I bought some at $351 in 2005
Patience + Humility + Study = Success
  • #6,708
  • Mar 19, 2008 8:21am Mar 19, 2008 8:21am
Quote
Bloomberg -- As Bear Stearns Implodes, Spector Keeps $382 Million
Nice for some, eh...
Carpe Divitiae
  • #6,709
  • Mar 19, 2008 8:28am Mar 19, 2008 8:28am
Quoting Big Wave Rider
Been holding since 340ish back in Sept. 01 when a good bag of grass cost more than gold.

Well, thats what my friend told me anyways. I wouldn't really know how much grass cost, but I think he said it was $400 an ounce for grad A grass. Don't know what that means
Yeah, ok. If you say so.
Humble Lifetime Member
  • #6,710
  • Mar 19, 2008 8:30am Mar 19, 2008 8:30am
DING DING DING here comes the coke heads buying visa
Just Trade It
  • #6,711
  • Mar 19, 2008 8:33am Mar 19, 2008 8:33am
Quoting DutchTrader
Ash,

Not being presumptuous but I don't think you're Calpers. The big funds are taking money off. Friend of mine's a hedgie, they're selling a bit and buying back into rallies. Lots of folks are gunning for $1,500 - 2,000
Can't be bothered selling and then buying it back. I know of people who are still holding gold from 1970.
Humble Lifetime Member
  • #6,712
  • Mar 19, 2008 8:49am Mar 19, 2008 8:49am
'Cmon... what next.
http://www.bloomberg.com/apps/news?p...vi0&refer=home

Quote
U.S. regulators are investigating whether traders illegally sought to force Bear Stearns Cos. shares into a tailspin last week by spreading false information about the firm's finances, two people familiar with the inquiry said yesterday
Carpe Divitiae
  • #6,713
  • Mar 19, 2008 8:51am Mar 19, 2008 8:51am
Quoting Ash
Can't be bothered selling and then buying it back. I know of people who are still holding gold from 1970.
You don't have to show returns to investors. We're all relatively small guys, compared to big billion dollar funds. So we can do whatever we please even the very wealthy among us don't have to show returns. So we can do as we please, of course that's a good thing.
Patience + Humility + Study = Success
  • #6,714
  • Mar 19, 2008 8:51am Mar 19, 2008 8:51am
Quoting fsiltd
'Cmon... what next.
http://www.bloomberg.com/apps/news?p...vi0&refer=home
Humble Lifetime Member
  • #6,715
  • Mar 19, 2008 8:52am Mar 19, 2008 8:52am
Quoting DutchTrader
You don't have to show returns to investors. We're all relatively small guys, compared to big billion dollar funds. So we can do whatever we please even the very wealthy among us don't have to show returns. So we can do as we please, of course that's a good thing.
I hear ya!
Humble Lifetime Member
  • #6,716
  • Mar 19, 2008 8:57am Mar 19, 2008 8:57am
Quoting Ash
Sneaky
Carpe Divitiae
  • #6,717
  • Mar 19, 2008 9:37am Mar 19, 2008 9:37am
Quoting fsiltd
Sneaky

WTF. we got some insider trading going on here, using smileys to convey your messages.

Buy and then sell and after we can on the 5500 for an hour.

but keep it on the DL
Just Trade It
  • #6,718
  • Mar 19, 2008 9:48am Mar 19, 2008 9:48am
Quoting Big Wave Rider
WTF. we got some insider trading going on here, using smileys to convey your messages.
Humble Lifetime Member
  • #6,719
  • Mar 19, 2008 9:55am Mar 19, 2008 9:55am
Quoting Ash

Just Trade It
  • #6,720
  • Mar 19, 2008 10:09am Mar 19, 2008 10:09am
Quoting Big Wave Rider
WTF. we got some insider trading going on here, using smileys to convey your messages.

Buy and then sell and after we can on the 5500 for an hour.

but keep it on the DL

I hear that.........


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