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YoungMillionaire

07/16/11 3:58 PM

#5826 RE: StockSniper00 #5825

Where will the money go this time?

Into the US dollar? Into the Euro? Into the Swiss Franc? (too small)


I doubt people percieve those as safe havens like they used to a couple years ago...


The tide is turning my friend, turn with it or get run over by it
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HotStockAce

07/16/11 4:31 PM

#5830 RE: StockSniper00 #5825

Funny.... Because the Dow Jones dropped from 12,660 from Monday to 12,479.... And SLV Went up from 34 to 38.... Silver spot went up $4.00 an ounce.... Hrmmmm.... ;)

$$$$
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12thman

07/16/11 5:56 PM

#5836 RE: StockSniper00 #5825

There will be plenty of us who will create a market for gold and silver FOREVER!!!!!!!!!! It's the WORTHLESS paper fiat currency that NOONE will want. Sorry banksters and government printing presses. OUT OF LUCK! Check out the history as it repeats itself over and over from the Roman empire to Germany during WWII, to Argentina, ect., ect., ect. I bet Jim Cramer gets on Mad Money soon and says BUY, BUY, BUY all the gold and silver you can get! Lightning round OVER!!!!!!!!!! ;-)
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Toofuzzy

07/16/11 8:23 PM

#5843 RE: StockSniper00 #5825

Hi SuperSniper


>>>If the markets crash so will silver, gold, oil, stocks, bonds, and everything else you can trade. Look back into history ;) <<<<

I guess the first question is .... Which crashes first, the dollar against everything else (hyper inflation) or everything else (depression)

The second question is "Do you Feel lucky now do you " with apologies to Clint Eastwood

I had sold both PUTS and CALLS against SLW I just bought back the CALLS, if it goes a little higher I will buy back the PUTS and sell CALLS against my holdings again. I love option decay!

Toofuzzy