aucu

Gold was not in favor in the tech/internet bubble years, there was a lot of talk about gold being a "barbaric relic" the bear market in gold was long and short selling looked like a sure thing and was for a while even for the mining companies that hedged a lot. On top of that central banks were selling (Canada and the UK sold all their gold) With gold at $300, 66% of all mines were operating at a loss, I think this makes a good a sign as any for a bottom. The gold pendulum has swung, I have no doubt it will swing again but how far and has the center shifted is the question.

Gold dropped because the US$ rose and it looked like the US economy was on the rebound. If that trend holds and eventually interest rates go up gold could stay down or drop more.A week later gold is still mid 1600s I don't expect gold to go full bull anytime soon unless pushed by another big currency crisis or QE, on the down side it could go down near 1400 but it's hard to see it dropping more than that.Saludos,aucu

Gold has been on a slide, down about $140 over the last two weeks, now in the mid 1600s

in

TID

Congrats

RIP Robert HegyesSigned,Epstein's Mother

This would be a good thing, more action.

Stars is going to a contribution pegged FPP system, will this change the play?http://www.pokerstars.com/sites/vpp-changes/On January 1, 2012, we will be changing the way VIP Player Points (VPPs) are awarded at our ring game tables.Historically, the VPPs earned in a ring game hand have been split equally between all players that were dealt into the hand. The new method will award VPPs proportionally based on each player's contribution to the pot.The change is illustrated in the example below:Five players participate in a hand of $1/$2 No Limit Hold'em.Pre-flop: Player 1 raises to $6 Playe

Good for you, I've been taking a haircut lately and can see things continuing -ve through to the end of the year.

This could get interesting, will his 20 something son be able to grab and hold the ring?

POG dropped about $200 in the last week or so and about 20% off the high but still up for the year. Lots of people jumping off the wagon, gold in the $1400s felt great on the way up not so much on the way down, is this a correction or a pop? Either way I'm fine with it as long as it's above $1200

Been listening to Corb lately and could really relate to this song, think I've seen him at the tables once or twice.http://www.youtube.com/watch?v=79RfjoSpWVkalsohttp://www.youtube.com/watch?v=ITyn99Oa3u4&feature=fvst

Gold and silver going down with the predictable failure of the super committee, may be a buying opportunity soon in the 1600's.On another note, get a load of this coin

Are you sound proofing the walls as well? if it was me would do this so it could double as a music room to let loose in.

Both are solid additions.

Registered

Great call with the 2s

Gold up $50 today breaking into the $1700sMainly because Europe is waffling again.

I like the Sager NP7282http://www.sagernotebook.com/index.php?pag...del_name=NP7282But got a Sony, well made and worth the premium you payDon't get the bottom end i3, an i5 is worth it and make sure not to get stuck with the first generation, if you want it to last 5 years get one with Blu-Ray like thishttp://www.bestbuy.com/site/Sony+-+VAIO+E+...p;skuId=3504885Going south of the boarder can be worth it.

Gold and Silver seem to be going nowhere, some volatility but no break in either direction.Like most of the market Waiting on what happens to the Euro?What about the US super committee, what happens if they can't hash out a deal?Is China slowing down?

In

Hedging is a dirty word in gold mining, most companies promote themselves as having no hedge, During the last big down market ABX made a killing with it's hedge book but it was so large that it helped perpetuate the decline and they had to eventually re-finance and dilute to pay it off when the prices turned around, then there were other companies that imploded and went bankrupt like Cambior when their hedge books blew up.Investors want to know that when they buy a gold miner that they have exposure to the price of gold and not something that is diluted by hedges. Hedges are often complex fina

I only make a few trades a month but also have large positions in mining companies that I'm personally involved with so I follow the market closely but my area of expertise is more on the engineering side.I haven't bought physical metal since the 90s but wouldn't mind adding to my collection but would have a hard time paying even today's prices. Will keep waiting.

Watching in awe a $100 swing in the POG and $4 swing in Ag and oil at $78 this morning.Not in the mood to try to catch the knife today, will keep my powder dry and if I miss the lows on the metals so be it, and will try to pick up a position in oil or potash after things bottom out.