Originally Posted by TheInvisibleHand 2.90 expect to see that 3 break, cock roach shorts running for the hills. This was a interesting point brought up at the MUX share holder call. The caller had the following to say> "Apparently Goldman Sachs is offering a derivative product to the hedge funds that allows to go long gold and short the exploration sector. Now, the notion is that the exploration sector as such is worthless and will probably go down to its intrinsic value of zero. But there is about 5 or 10 percent of exploration {stocks} that are good companies, I mean they have good management, they have good project, they have cash and because of that they also have decent trading liquidity in the stocks, and I'm afraid that these companies are actually now serving as the proxy for the exploration sector to execute this trading strategy..." The caller went on say that he didn't know if this derivative product did exist, but asked if McEwen's management ...
The full conversation and others can be found in the Market Central Forum, please weigh in with your thoughts. Click here to read other comments> Market Central Forum Originally Posted by baronvonstocks i'm so sick of this shithole market and eurozone fears. I don't know whats safe to invest in after they took down gold and silver. Originally Posted by TheInvisibleHand Yea man sure is manipulated, but the gold and silver is still the place to be. Buy the Dips and hold is what I'm doing. They might of shook silver and propped the dollar up temporarily, but it won't last. The underlying fundamentals will soon again push Silver and Gold up! Some think The CME tried to induce a dip with raising margin requirements to take some of the heat off JPM. There is even some speculation that JPM is in trouble ...
Originally Posted by TheInvisibleHand Nice Barron its HOD was 9.23 hod now great for all who played it here. $$$$$$$$$$ . Great move from my 7.29 entry!!
Originally Posted by TheInvisibleHand Picked this one up here on intraday dip 7.29.
Things that make you go hmmm? Let us not forget this is the same agency who removed the uptick rule and hasn't enforced and has even facilitated naked shorting. The same agency who was surfing porn while Madeoff well was making off. So I doubt most people with common sense think the SEC is out to protect investors the evidence is to the contrary. Who's policing the corrupt police?? Source: CNBC On Wednesday August 17, 2011, 5:17 pm The Securities and Exchange Commission may have destroyed documents related to investigations into major banks and hedge funds, according to Sen. Chuck Grassley (R-Iowa). "From what I've seen, it looks as if the SEC might have sanctioned some level of case-related document destruction," Grassley said in a statement. "It doesn't make sense that an agency responsible for investigations would want to get rid of potential evidence. If these charges are true, the agency needs to explain why ...
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