Gold Not Getting Killed!!!

[nero3]

Re: Gold Not Getting Killed!!!

I always thought the most impressive thing about Buffet was his PR skills. Amazing how he is treated in the press. Good ole folksy Warren.

Obama's political skills while impressive, pale in comparison to the Oracle of Omaha.

I think Buffet is a genius. I think that's what explains his success.

[LargoWinch]

Re: Gold Not Getting Killed!!!

I think Buffet is a genius. I think that's what explains his success.

Are you still considered a genius if you lose about 50% of your portfolio in a single year? All this while the largest credit bubble in history is about to implode? All this when the markets give you clear indication of such calamity is about to occur as early as August of 2007?

http://www.youtube.com/watch?v=0cholKcRtAM

[metalman]

Re: Gold Not Getting Killed!!!

I think Buffet is a genius. I think that's what explains his success.

takes a genius to recognize genius. :rolleyes:

[nero3]

Re: Gold Not Getting Killed!!!

Are you still considered a genius if you lose about 50% of your portfolio in a single year? All this while the largest credit bubble in history is about to implode? All this when the markets give you clear indication of such calamity is about to occur as early as August of 2007?

http://www.youtube.com/watch?v=0cholKcRtAM

Now that guy in the youtube video is having an IQ of max 90, and look like a complete retard. The arguments he is using is the same arguments that basically all retards are using. Buffet have told again and again that he is not a market timer, he does what he is good at, he is better at seeing the long term and that have taken him pretty far.

[hayekvindicated]

Re: Gold Not Getting Killed!!!

Are you still considered a genius if you lose about 50% of your portfolio in a single year? All this while the largest credit bubble in history is about to implode? All this when the markets give you clear indication of such calamity is about to occur as early as August of 2007?

http://www.youtube.com/watch?v=0cholKcRtAM

The next decade will be unique and could see many time tested strategies for making money get blown to smithereens.

I have a feeling Buffett's long term buy and hold strategy won't do all that well. I'd like to see his investment returns between 1999 (top of the stock market for the DOW and the S&P) and 2009. I don't think his investment returns have been all that good recently - certainly not good enough to merit the kind of praise he gets from the MSM.

As a counter-point, $2 million invested in Jim Simons' Medallion fund in 1990 would today be worth about $1 Billion.

[nero3]

Re: Gold Not Getting Killed!!!

The next decade will be unique and could see many time tested strategies for making money get blown to smithereens.

I have a feeling Buffett's long term buy and hold strategy won't do all that well. I'd like to see his investment returns between 1999 (top of the stock market for the DOW and the S&P) and 2009. I don't think his investment returns have been all that good recently - certainly not good enough to merit the kind of praise he gets from the MSM.

As a counter-point, $2 million invested in Jim Simons' Medallion fund in 1990 would today be worth about $1 Billion.

I think he have done some killer deals, among them BYD. However. He is not like Soros. He don't time, and rearrange his whole portfolio just like that, he rather add some new stocks that will benefit from the new trends. He is very good at avoiding mistakes, and even if his portfolio is not great for a decade or even 16 years counting from 2000, his companies are likely doing well, and will benefit greatly in the next structural bull.

[Slimprofits]

Re: Gold Not Getting Killed!!!

The amount of brassy sounding, trumpeting racket you make over a one week trend in the gold price is a wonder to behold Metalmensch.

The amount of brassy sounding, trumpeting racket you make over one well known analyst agreeing with your position about the stock indexes is equally if not more wondrous to behold.

[plinko]

Re: Gold Not Getting Killed!!!

Just to steer things back in the "gold not getting killed" direction, gold touched 960 just a few minutes ago.

[BadJuju]

Re: Gold Not Getting Killed!!!

My silver has performed better than my gold thus far, I think. =3

[cobben]

Re: Gold Not Getting Killed!!!

gold is just treading water in EUR, this seems to be a $USD selling orgie, not 'specially bling-related.

[Spartacus]

This has me mystified

http://www.kitco.com/gold_currency/charts.htm?CAD

Check out the 60 day comparison in pounds, AUD and CAD

Gold's DOWN in pounds? Aren't the Brits doing as much damage to Britain as the US FED/gov is to the US ?

[metalman]

Re: This has me mystified

http://www.kitco.com/gold_currency/charts.htm?CAD

Check out the 60 day comparison in pounds, AUD and CAD

Gold's DOWN in pounds? Aren't the Brits doing as much damage to Britain as the US FED/gov is to the US ?

long term charts at the bottom of this page...

http://fourthcurrency.com

from the fall from the 2008 peak, gold's recovered the most in dollars.

notice how the 'gold's going to $400' guys have gone all quiet?

[Guest]

Re: Gold Not Getting Killed!!!

Dude - notice how you are making week by week prognostications about the markets again? I just pointed out this morning to you in another thread how useless that is, but you have cognitive distress. Are you able to extricate yourself far enough from this scrambled egg method of examining market trend, to understand that you can't derive any trending conclusion from week by week data extracted from the market? I've watched you do this for months - years, is seems like. Gold looks toppy, and Metalman writes a blaring "taraaa!" piece in the select pages of all places, about how he's got this "terrible foreboding feeling" that you are gonna need a pair of "brass balls" (like his, he is suggesting) to weather the terrible gold market up ahead.

That was what? Six weeks ago? Then gold goes up sharply for a few weeks and Metalman is posting "notice how all the "gold to $400 guys have gone quiet?".

What's the matter with you? Are you slow witted? You are looking at a market that goes UP a lot, then veers and goes DOWN a lot. Week by week, or month by month - your observations on the gold market are among the most meaningless I read here. You are stuck on the coke bottle glasses, peering six inches away from the page, method of understanding this stuff. Suggestion: have no opinion about gold ( :eek: :eek: ) for six months at a stretch. Then print out a six month chart - draw a line from A to B, and conclude whether it's going up or down. Then can it with your opinioniating for another six months.

It would be a blessing ... My goodness but you are an earache all the time. Because the punchline, or the "message" in **all** of your posts is "see?? iTulip figured all of this out first!!?". Over and over and over again. Yecch.

notice how the 'gold's going to $400' guys have gone all quiet?

[metalman]

Re: Gold Not Getting Killed!!!

Dude - notice how you are making week by week prognostications about the markets again? I just pointed out this morning to you in another thread how useless that is, but you have cognitive distress. Are you able to extricate yourself far enough from this scrambled egg method of examining market trend, to understand that you can't derive any trending conclusion from week by week data extracted from the market? I've watched you do this for months - years, is seems like. Gold looks toppy, and Metalman writes a blaring "taraaa!" piece in the select pages of all places, about how he's got this "terrible foreboding feeling" that you are gonna need a pair of "brass balls" (like his, he is suggesting) to weather the terrible gold market up ahead.

That was what? Six weeks ago? Then gold goes up sharply for a few weeks and Metalman is posting "notice how all the "gold to $400 guys have gone quiet?".

What's the matter with you? Are you slow witted? You are looking at a market that goes UP a lot, then veers and goes DOWN a lot. Week by week, or month by month - your observations on the gold market are among the most meaningless I read here. You are stuck on the coke bottle glasses, peering six inches away from the page, method of understanding this stuff. Suggestion: have no opinion about gold ( :eek: :eek: ) for six months at a stretch. Then print out a six month chart - draw a line from A to B, and conclude whether it's going up or down. Then can it with your opinioniating for another six months.

It would be a blessing ... My goodness but you are an earache all the time. Because the punchline, or the "message" in **all** of your posts is "see?? iTulip figured all of this out first!!?". Over and over and over again. Yecch.

luke. get help. suggest...

[cjppjc]

Re: Gold Not Getting Killed!!!

I've read that book. It has helped a lot.