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  #1  
Old 06-17-2010, 01:34 PM
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Grumpy Grumpy is offline
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Gold at $1248

Damn, wish I had some fillings to sell or something...
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  #2  
Old 06-17-2010, 01:41 PM
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finnbow finnbow is offline
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In keeping with my "buy high, sell low" philosophy, it's time to go all in.
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  #3  
Old 06-17-2010, 03:41 PM
Charles Charles is offline
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Originally Posted by finnbow View Post
In keeping with my "buy high, sell low" philosophy, it's time to go all in.
Want me to line you up with some asset managers?

The best one I've heard was in a newsletter from State Farm, right after they had just lost 50% of my investment with them.

They stated, "Even professional investors are having a difficult time now."

I was so filled with confidence.

Chas
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  #4  
Old 06-17-2010, 06:09 PM
noonereal noonereal is offline
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I bought gold at $600 back in 1980. It was not until 2007 that I could sell it and break even. All gold is "fools gold."
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  #5  
Old 06-18-2010, 07:50 AM
Charles Charles is offline
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Gold isn't money, it's a commodity.

Chas
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  #6  
Old 06-18-2010, 07:54 AM
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merrylander merrylander is offline
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Quote:
Originally Posted by Charles View Post
Want me to line you up with some asset managers?

The best one I've heard was in a newsletter from State Farm, right after they had just lost 50% of my investment with them.

They stated, "Even professional investors are having a difficult time now."

I was so filled with confidence.

Chas
Got news for you, Smith Barney is no better. All these high salaried investment managers, to quote from a letter to the editor in today's WashPost - "It is said that cream always rises to the top - well so does scum."
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Old 06-18-2010, 08:19 AM
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finnbow finnbow is offline
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Originally Posted by merrylander View Post
Got news for you, Smith Barney is no better. All these high salaried investment managers, to quote from a letter to the editor in today's WashPost - "It is said that cream always rises to the top - well so does scum."
Hmmm. Smith Barney is "managing" my shekels (after they bought out Legg Mason, a local firm).

BTW Rob, your "scum" reference brings to mind a classic P.J. O'Rourke quote:

"When you looked at the Republicans, you saw the scum off the top of business. When you looked at the Democrats, you saw the scum off the top of politics. Personally, I prefer business. A businessman will steal from you directly instead of getting the IRS to do it for him. And when Republicans ruin the environment, destroy the supply of affordable housing, and wreck the industrial infrastructure, at least they make a buck off it. The Democrats just do these things for fun."
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Old 06-18-2010, 09:20 AM
Sandy G Sandy G is offline
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I liked PJ's dissertation on how God is a Republican & Santa Claus is a Democrat... Santa is infinitely preferable to God on most accounts, but there's just one small, teeny-tiny problem-There ain't no such thing as Santy Claus...
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  #9  
Old 06-18-2010, 10:27 AM
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Boreas Boreas is offline
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... Santa is infinitely preferable to God on most accounts, but there's just one small, teeny-tiny problem-There ain't no such thing as Santy Claus...
And, if one's good, two is even better!

John
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  #10  
Old 06-18-2010, 11:46 AM
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merrylander merrylander is offline
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If Freidman is for it I am agin it.
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