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Old 04-15-2013, 06:54 PM   Topic Starter
KC native KC native is offline
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Calling all gold bugs...

Bet you wish you had diversified a little recently huh?

Oh and Stewie, weren't you saying gold was going to something like $2k?
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Old 04-15-2013, 07:23 PM   #2
petegz28 petegz28 is offline
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Bet you wish you had diversified a little recently huh?

Oh and Stewie, weren't you saying gold was going to something like $2k?
I'm really surprised it took this long. I've stayed away from gold for the last couple years simply based on all the ****ing radio and tv commercials I have seen for it. Yeah, probably missed out on some coinage, pun intended
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Old 04-15-2013, 10:28 PM   #3
KC native KC native is offline
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I'm really surprised it took this long. I've stayed away from gold for the last couple years simply based on all the ****ing radio and tv commercials I have seen for it. Yeah, probably missed out on some coinage, pun intended
It should always have a place in your overall portfolio. It should never be the main asset in your portfolio.
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Old 04-15-2013, 10:38 PM   #4
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It should always have a place in your overall portfolio. It should never be the main asset in your portfolio.
Meh, don't like metals. Commodities, yes. Metals, not so much. I traded the GLD ETF here and there some, but if I was going to own metals directly I'd be more inclined to own copper but again, I am not a metals person.
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Old 04-15-2013, 10:47 PM   #5
KC native KC native is offline
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Meh, don't like metals. Commodities, yes. Metals, not so much. I traded the GLD ETF here and there some, but if I was going to own metals directly I'd be more inclined to own copper but again, I am not a metals person.
Metals and commodities fall into the same category for me. They are highly correlated.
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Old 04-15-2013, 10:49 PM   #6
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Metals and commodities fall into the same category for me. They are highly correlated.
I meant I would buy commodities in general and not just metals. Sorry for not being more clear on that.
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Old 04-15-2013, 08:02 PM   #7
tredadda tredadda is offline
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"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" - Warren Buffet.

All those gold advertisements should have been a sign. Gold will always be worth something, but there is a limit and it usually only goes up when the economy sucks. The With the economy improving it is reasonable to think gold prices would drop which they are doing.
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Old 04-15-2013, 08:05 PM   #8
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I will start to worry when it falls below $800.00 an ounce.
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Old 04-15-2013, 08:47 PM   #9
LiveSteam LiveSteam is offline
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I will start to worry when it falls below $800.00 an ounce.
BITCH!
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Old 04-15-2013, 08:08 PM   #10
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So it's only up 400% over the past decade now?
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Colon is 0.7 WAR or 5M in value. He makes 500k. Getting pretty close, and since he's producing war each of the next 4 years of club control, he's fair value for Upton straight up. More than fair actually.
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Old 04-15-2013, 08:08 PM   #11
LiveSteam LiveSteam is offline
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So it's only up 300% over the past decade now?
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Old 04-15-2013, 08:09 PM   #12
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More like 400%, I guess...
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Colon is 0.7 WAR or 5M in value. He makes 500k. Getting pretty close, and since he's producing war each of the next 4 years of club control, he's fair value for Upton straight up. More than fair actually.
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Old 04-15-2013, 10:26 PM   #13
KC native KC native is offline
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So it's only up 400% over the past decade now?
And your point is? It did nothing for 2 decades before that.
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Old 04-15-2013, 08:39 PM   #14
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Old 04-15-2013, 08:48 PM   #15
LiveSteam LiveSteam is offline
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Wish I'd been paying attention 15 years ago.
silver.
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