Nope,like perky.lol
Keep it clean.
[quote=“mlarson, post:20, topic:83460”]
Maybe be bob is a finger man.
[/QUOTE]Had no idea you starred in a commercial Mike.
Just joking Bob.
It’s one of the Dorito’s final five Superbowl contenders
I’m a tat man, it happens when you’re in the military and drink too much.
I have more tats than tits.:p:p
I wrote:
It hit $1300 this morning.
Bottom In Gold Likely To Be Below $770
Total cash (production) costs fell to $769 an ounce in the second quarter from $796 in the first three months of the year.
That is why I would put the maximum bottom price of gold around $770, but I wouldn’t be surprised to see it fall below that.The other problem for gold is that a large number of people have been buying physical gold to stash in their basements. Many of my friends own physical gold along with guns and bullets. Sooner or later their wives are going to pressure them to clean out the basements, especially once they find out how much they have lost on those gold holdings. At least you can take the guns and bullets out and have some fun with them, all the gold does is sit there, take up space and really annoy the wife. Sooner of later the wife will win and the gold will be dumped on the market. So even if mining operations do shut down, that doesn’t mean the supply of gold on the market will decrease. Basement gold represents a large overhead supply that could drive gold below production costs.
Love gold! China was weak earlier with slight help from emerging countries. Also commodities were soft for the same reason. Get on the moving train…now.
The cost to mine gold ranges from $650 to $1000 currently depending on the geographical region.
Go for it.
I got rid of our gold holdings and concentrated on good securities like this.
We made a killing last year. Got out of emerging markets and bonds early last year.
This year we added some industrials, technology and pharmaceuticals.
Most made money last year, even the shoe shine man. My cost basis for pfizer is $7.63. I am not a day, week or month trader.
Most of my holdings is in oil, including oil leases which I understand a little better.
Gold is glittering again. Next stop $1400.00. Who’s in?
I am.
BTW it’s $1374.00. Load em up. 2nd call.
Wait and load up at $800.
I’d love to see a dip to $800, but I don’t think such an opportunity will ever occur again. I wish we had more volatility.
Keep buying the dips.
My sentiments exactly!