RE:RE:RE:RE:RE:RE:RE:As He Usually Does, Grandich Says It Best SGCGRIMREAPER wrote: Among your many problems old jalopy Mercedes, besides your fantasy posts of claims you did this and that when any reading of your history shows the opposite, you also change what people actually said for your advantage and most important your jealousy of someone like grandich. He didn't own gold for years, he only first went in last fall when he told this clients to sell all their non-metals equities and load up on gold mining stocks, and you I believe posted how crazy he was to put so much in one area and now after making a big profit in a much shorter time than you, he takes some off the table and you make it sound like he's blowing out his shares. I think anyone with a half a brain like the ones who speak privately here, see you for what you are a big loser bye-bye old jalopy. You can be in your little world here and I'll take grandich every day of the week over you. By the way he's responsible for over a billion dollars in assets of some of the biggest sports celebrities, I bet that's just a little bit more then your paper mind trades.
First off...I thought you had me on ignore. Couldn't resist gettgin some valuable advise? lol
I'm not here to criticize PG. He's a smart guy. When he does some questionalbe things however, I'm not afraid to call him out. Wheras you seem to revere the man, and just blindly follow and do not think for yourself (even though he tells you to do that). Fact is that he got into TRG too early. His average cost is probably much higher than the current price. Secondly, I question his lack of diversification into multiple gold miners. Many have done much better than TRG in the last 6 months (SMF, GCM, KL, etc.). With diversification one controls for certain risks that are impossible to avoid (e.g Mgt risk, execution risk, Government/politcal risk, mine issues, etc.). Finally after the PoG surpasses the magic thresold ($ 1400), he takes profits? He made the right call last fall, but could miss much of the upside (except for his TRG postion). Many $ 1B plus portfolio managers have made some very bad calls. Amount under mgt does not determine success. Sports celebrities are not known for their brightness and can be easily led astray. Perhaps you are one? Although I doubt you are that co-ordinated. Synchonized swimming team perhaps? Anyway...I am claerly on the TRG team (as well as many others to hedge my bets - just in case Young truly is a screw-up - which I am still skeptical about). Are you? You seem very confused from day to day. Your posts change like the wind. Pro TRG one minute and anti the next. I guess that is the life of a day-trader. MM