Re: Forgot to mention
posted on
Dec 05, 2012 09:25PM
(Edit this Message from the "Fast Facts" Section)
Gooo Pic! From one old fart to another I never say 'forget' anymore...'they'll' jump all over you. After 5 years, yes I do remember those heady days...I now understand the meaning of the word 'patience'. I think you will do well at 3 cents...we don't have much longer to wait for the real start in retrospect...I'll give it 7 months, with the stock reacting to the positive early in the year.
Risk? Did somebody mention ‘risk’ here? Buy Apple…it lost 7% today, $37/share or $35 billion in market cap in a few hours. Why? Nobody knows. It is owned by 240 hedge funds who have big losses today…and now it is trading like a penny stock. One must consider how the tapped out investors are going to save the day. Did someone say ‘redemptions’? How about bonds?...in their biggest bubble in over 200 years? There ya go…no risk, except you might lose the farm.
SFMI and PQ may have their problems but they have a universal load of competition out there. So, who knows? The odds are as good for SFMI as at least 500 other juniors. Now that's not pumping, it's just a fact.
As posted on our 'sister' BB:
Jim Sinclair’s Commentary
I promised you that the manipulators would shift to the long side of gold before the final parabolic move.
I imagine that Goldman has a huge buy order for special clients, that is themselves.
When was the last time Goldman Sachs did the world of investment and investors a good turn?
From Jesse: “More nonsense, most of it not substantial.
Goldman came out with some babytalk about gold today. They tend to fade their advice to their customers for their own book so I think it is bullish.
FOMC meets next week. I think they will make a significant change to their quantitative easing program now that the election is past. It will probably involve more balance sheet expansion.
Dan Norcini: Goldman Sach's Right Hand does not Know what its Left Hand is Doing
http://www.traderdannorcini.blogspot.ca/
Goldman's 'gold is dead' call is perfect contrarian indicator, Ron Rosen says: http://www.gata.org/taxonomy/term/2