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tootalljones

08/28/11 1:12 PM

#6637 RE: slyestjester #6633

I got my own money out, thank heavens, but the million dollar in profits did indeed, go kaputt....yamana gold, which had been around 19 bucks, I sold at around 11, only to see it sink down into oblivion around 4 bucks, and so many others.....but the key is to live to see and fight another day. There are so many very smart and successful people on the cgs board who have lost their life's savings, guys who were highly successful in their professional lives. HUBRIS. All of them, like those here made a macro bet on a single idea, which the market is proving to be totally false: the china miracle, as expressed and supported by middle class americans investing on small american exchanges......fwiw, my idea now is to buy the miners with both fists, and I will probably be wrong again, but so far, so good. My little tip to the really terrific people on this board. good luck guys, I will be reading and watching. I will be buying SIAF, should the company be able to make good on its business model, at much lower prices in the spring of 2012, fwiw