The Orange Mane -  a Denver Broncos Fan Community  

Go Back   The Orange Mane - a Denver Broncos Fan Community > Jibba Jabba > War, Religion and Politics Thread
Register FAQ Members List Calendar Chat Room Mark Forums Read



Reply
 
Thread Tools Display Modes
Old 02-13-2012, 07:46 AM   #426
Meck77
.
 

Join Date: Sep 2002
Posts: 16,831
Default

I see the gold thread is getting tainted with paper.
Meck77 is offline   Reply With Quote
Old 02-13-2012, 12:11 PM   #427
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by Arkie View Post
Keep track of the VIX (fear index) Fear had been low all year, but it shot up Friday. Stocks sell off when the fear goes up.

VIX is a pretty smart indicator to track.

AAPL shot up 1.50% so far. VIX is down 6.45% so far today. Gold is up and Silver is up.

I know...it's only Monday!
Odysseus is offline   Reply With Quote
Old 02-13-2012, 12:12 PM   #428
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by Meck77 View Post
I see the gold thread is getting tainted with paper.
Hamilton would be so proud!

The best way, in my opinion, to invest in gold is as paper (ETF, ETN, etc.)
Odysseus is offline   Reply With Quote
Old 02-13-2012, 12:36 PM   #429
Garcia Bronco
Hokie since 1993
 

Join Date: Apr 2001
Location: Denver, CO
Posts: 47,068

Adopt-a-Bronco:
Tom Jackson
Default

Quote:
Originally Posted by Odysseus View Post
Hamilton would be so proud!

The best way, in my opinion, to invest in gold is as paper (ETF, ETN, etc.)
That's all shiat IMO. Those ETF's like GLD don't actually have the gold to cover the paper...and what good is that going to do you if you actually need the gold?
Garcia Bronco is offline   Reply With Quote
Old 02-13-2012, 01:24 PM   #430
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by Garcia Bronco View Post
That's all shiat IMO. Those ETF's like GLD don't actually have the gold to cover the paper...and what good is that going to do you if you actually need the gold?
Understood! It depends on what you want to do.

What would you do with a bar of gold if you had one? What situation would happen where gold would benefit you?
Odysseus is offline   Reply With Quote
Old 02-13-2012, 01:32 PM   #431
Garcia Bronco
Hokie since 1993
 

Join Date: Apr 2001
Location: Denver, CO
Posts: 47,068

Adopt-a-Bronco:
Tom Jackson
Default

Quote:
Originally Posted by Odysseus View Post
Understood! It depends on what you want to do.

What would you do with a bar of gold if you had one? What situation would happen where gold would benefit you?
A rare situation to be sure.
Garcia Bronco is offline   Reply With Quote
Old 02-13-2012, 02:06 PM   #432
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by Garcia Bronco View Post
A rare situation to be sure.
True. I like to get people's perspectives on this.

I don't mind investing in other people. I think there is an art to it. A friend of mine is getting a consistent 17% annual. I posted this before and was flogged.

http://www.prosper.com/
Odysseus is offline   Reply With Quote
Old 02-22-2012, 10:32 AM   #433
Meck77
.
 

Join Date: Sep 2002
Posts: 16,831
Default

Quote:
Originally Posted by Odysseus View Post
Hamilton would be so proud!

The best way, in my opinion, to invest in gold is as paper (ETF, ETN, etc.)
Really. Well Obama is about to sink his teeth into the paper trader pockets.

http://online.wsj.com/article/SB1000...Tabs%3Darticle
Meck77 is offline   Reply With Quote
Old 02-22-2012, 12:12 PM   #434
Arkie
Ring of Famer
 
Arkie's Avatar
 
The f--- y'all motherf-ckas want?

Join Date: Oct 2003
Posts: 10,784
Default

Gold has soared to $1772 in a span of minutes.

Arkie is offline   Reply With Quote
Old 02-22-2012, 03:11 PM   #435
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by Meck77 View Post
Really. Well Obama is about to sink his teeth into the paper trader pockets.

http://online.wsj.com/article/SB1000...Tabs%3Darticle
After getting donkey punched like that it is hard not to get pissed at this stupid move.
Odysseus is offline   Reply With Quote
Old 02-22-2012, 03:12 PM   #436
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by Arkie View Post
Gold has soared to $1772 in a span of minutes.

I'm RIIIIICH BIOACTH!
Odysseus is offline   Reply With Quote
Old 02-22-2012, 03:29 PM   #437
alkemical
Guerrilla Ontologist
 
alkemical's Avatar
 
rorrim|mirror

Join Date: Apr 2001
Location: Future
Posts: 43,093

Adopt-a-Bronco:
Prima Materia
Default

Congrats Ody!
alkemical is offline   Reply With Quote
Old 02-22-2012, 04:12 PM   #438
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by alkemical View Post
Congrats Ody!
I am kidding!
Odysseus is offline   Reply With Quote
Old 02-23-2012, 12:11 PM   #439
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default All hail the cult of AAPL!

Quote:
Originally Posted by alkemical View Post
The Cult of Apple!
I kind of figured out what Baja's secret friend is doing. I like his strategy. If it works I need to fly down to Mexico and thank Baja's secret friend personally.
Odysseus is offline   Reply With Quote
Old 02-23-2012, 12:20 PM   #440
alkemical
Guerrilla Ontologist
 
alkemical's Avatar
 
rorrim|mirror

Join Date: Apr 2001
Location: Future
Posts: 43,093

Adopt-a-Bronco:
Prima Materia
Default

werd
alkemical is offline   Reply With Quote
Old 02-23-2012, 12:34 PM   #441
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default WURD

Quote:
Originally Posted by alkemical View Post
werd
Maybe I should thank him secretly?
Odysseus is offline   Reply With Quote
Old 02-23-2012, 12:42 PM   #442
alkemical
Guerrilla Ontologist
 
alkemical's Avatar
 
rorrim|mirror

Join Date: Apr 2001
Location: Future
Posts: 43,093

Adopt-a-Bronco:
Prima Materia
Default

Quote:
Originally Posted by Odysseus View Post
Maybe I should thank him secretly?
Tithing works.

I wish i knew more about investing, but i don't. At this point, the crappy part is - between trying to run a marketing campaign, the business is expanding, and handling sales also, i'm just too busy & poor to play - not to mention i'd be better off going to the casino and winning my $.
alkemical is offline   Reply With Quote
Old 02-23-2012, 12:43 PM   #443
baja
Headmaster
 
baja's Avatar
 
The Fixer

Join Date: Apr 2001
Location: in the present moment
Posts: 61,302

Adopt-a-Bronco:
C J Anderson
Default

I except gold and seeds
baja is offline   Reply With Quote
Old 02-23-2012, 12:43 PM   #444
alkemical
Guerrilla Ontologist
 
alkemical's Avatar
 
rorrim|mirror

Join Date: Apr 2001
Location: Future
Posts: 43,093

Adopt-a-Bronco:
Prima Materia
Default

Maybe one day some of ya'll can share some secrets with me.
alkemical is offline   Reply With Quote
Old 02-23-2012, 12:46 PM   #445
baja
Headmaster
 
baja's Avatar
 
The Fixer

Join Date: Apr 2001
Location: in the present moment
Posts: 61,302

Adopt-a-Bronco:
C J Anderson
Default

Quote:
Originally Posted by alkemical View Post
Tithing works.

I wish i knew more about investing, but i don't. At this point, the crappy part is - between trying to run a marketing campaign, the business is expanding, and handling sales also, i'm just too busy & poor to play - not to mention i'd be better off going to the casino and winning my $.
My (secret) friend has the mediphysical figured out. He waked into a casino a few years back and was playing one of the big pay slots was about to leave and his gut told him to play one more pull. He won 1.5 million that next pull.
baja is offline   Reply With Quote
Old 02-23-2012, 12:50 PM   #446
alkemical
Guerrilla Ontologist
 
alkemical's Avatar
 
rorrim|mirror

Join Date: Apr 2001
Location: Future
Posts: 43,093

Adopt-a-Bronco:
Prima Materia
Default

Quote:
Originally Posted by baja View Post
My (secret) friend has the mediphysical figured out. He waked into a casino a few years back and was playing one of the big pay slots was about to leave and his gut told him to play one more pull. He won 1.5 million that next pull.
So what you're saying is i need to come to baja for some dinner & convo.

alkemical is offline   Reply With Quote
Old 02-23-2012, 01:01 PM   #447
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by alkemical View Post
Tithing works.

I wish i knew more about investing, but i don't. At this point, the crappy part is - between trying to run a marketing campaign, the business is expanding, and handling sales also, i'm just too busy & poor to play - not to mention i'd be better off going to the casino and winning my $.
Investment strategy:
Get a paper route. Save $1000 a month from the paper route. At the end of the year you have $12,000 to invest. Put the money with a trading account. Do this for three years. At the end of three years you have studied the market three years, saving $36,000, talked to numerous people about crap you know nothing about and then, by some miracle you will have defeated inertia and have a stake at the big table. Viola!

I am not a savvy stock trader. I am not a brilliant investment strategist. I am not anybody. I'm just a dude learning this crap same as anybody here. Most people don't want to admit they don't know crap about the market. Many of my mentors have come back to me with humbling stories and asked ME for investing advice. The trick is destroying inertia.

I have had several opportunities to be a millionaire just like you have. Who knows where I could be if I had at least THOUGHT about investing in Microsoft, Apple, or Google early in their inception.

It takes humility to learn this crap. You have to be willing to ask the biggest and dumbest questions you can imagine.

I have a secret friend who is creating his own bank. He is a very private person who is being mentored by some very influential people. He is going to take special care of the investors, like myself, who have invested early. It's like having imaginary friends only better.
Odysseus is offline   Reply With Quote
Old 02-23-2012, 01:03 PM   #448
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by alkemical View Post
So what you're saying is i need to come to baja for some dinner & convo.

ROAD TRIP!
Odysseus is offline   Reply With Quote
Old 02-23-2012, 01:05 PM   #449
baja
Headmaster
 
baja's Avatar
 
The Fixer

Join Date: Apr 2001
Location: in the present moment
Posts: 61,302

Adopt-a-Bronco:
C J Anderson
Default

Quote:
Originally Posted by alkemical View Post
So what you're saying is i need to come to baja for some dinner & convo.

You are always welcome Josh, you know that.

BTW the slot machine story is true and it wasn't me darn.
baja is offline   Reply With Quote
Old 02-23-2012, 01:07 PM   #450
baja
Headmaster
 
baja's Avatar
 
The Fixer

Join Date: Apr 2001
Location: in the present moment
Posts: 61,302

Adopt-a-Bronco:
C J Anderson
Default

Quote:
Originally Posted by alkemical View Post
Tithing works.

I wish i knew more about investing, but i don't. At this point, the crappy part is - between trying to run a marketing campaign, the business is expanding, and handling sales also, i'm just too busy & poor to play - not to mention i'd be better off going to the casino and winning my $.
Actually Tithing is a huge part of my friends success. I never meant a more generous man, ever!
baja is offline   Reply With Quote
Reply

Thread Tools
Display Modes



Forum Jump


All times are GMT -7. The time now is 01:01 PM.


Denver Broncos