RE:RE:RE:RE:RE:MamaBuccaneer42ndSt wrote: Goldziggy wrote: Buccaneer42ndSt wrote: Goldziggy wrote: Buccaneer42ndSt wrote: Mommy, its not fair...they all lied to me.
Ma ma?
jimbowie Most of us invested in Gold Juniors because we believed that the easy money, excess spending, and low interest rates would eventually collapse the economy, lead to distrust in the fiat currency and cause gold and silver to soar. We're at that point now where our belief will be proved or disproved. GLTA Bucco
How is your TOU doing? Looks like it just fell off a cliff. Lots more downside on that one to come. Once the fed stops raising rates gold with go back up along with all gold stocks but oil and nat gas cant go up in a recession. USD cant go up forever either. Massively overvalued. Gold stocks are trading as if gold is at 1000$.
How will you heat your home then Ziggly. You will freeze your wiggly off.
I went to cash yesterday remember? Prbly not. Learned to count yet Ziggly?
I will buy it back though. Great company, but I dont fight the macro, I dont marry a stock, and I listen to....er...no one except myself.
Genus onto your own.
Bucco
How much is your cash making you now? You dont make money by listening to the media and banks and analysts. They are all doing the opposite of what they say. Remember what they were saying about oil and look what ended up happening. Gold is next and most will miss it cause they will be sitting in cash making zero like you. Too many lemmings and sheep in this market who have no idea what they are doing. Easy pickings.
Energy is in short supply Ziggly. People need energy. People dont need gold. 20% is used in industry which is useful, the rest is for stackers including central banks, and jewellry, neither of the those is necessary, especially not when people flock to the usd and not gold as you are witnessing in times of stress.
Youre a gold bug. Gold bugs are stupid.
Bucco
Yes energy is in short supply but if we hit a recesssion which we will energy will come down hard as you saw today. I was buying energy stocks when oil was at -40$. Was buying pou at 1.75$. Im far from a gold bug. Dont own any physical gold. Im a contrarian investor but cant always time the bottoms. I make the most money with junior stocks. Gold is manipulated with paper just as bad as energy is. All commodities are manipulated. I only invest in commodities and switch to the most undervalued when one gets overvalued. Gold has 100$ max to fall from here if it even gets there. If you cant see the value in Nfg you must be blind