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Gold has it's worst quarter EVER.
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Machiavelli Offline
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Post: #21
RE: Gold has it's worst quarter EVER.
Tell that to the board in 2011 like I did. That paragraph is easy in 2013. Not so much in 2010-2011.
06-28-2013 07:30 PM
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Ninerfan1 Offline
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Post: #22
RE: Gold has it's worst quarter EVER.
Just to update my previous post gold was around 1200 an ounce back in May of 2010. I was posting from my phone and didn't realize the chart I looked up was from the London exchange.
06-28-2013 07:38 PM
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Machiavelli Offline
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Post: #23
RE: Gold has it's worst quarter EVER.
about where it is today. Just a great investment strategy there Goldman............
06-28-2013 07:54 PM
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Machiavelli Offline
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Post: #24
RE: Gold has it's worst quarter EVER.
06-28-2013 07:59 PM
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Ninerfan1 Offline
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Post: #25
RE: Gold has it's worst quarter EVER.
(06-28-2013 07:54 PM)Machiavelli Wrote:  about where it is today. Just a great investment strategy there Goldman............

I'm not in gold anymore princess. I took my extreme profits from when I invested, and you told me to get out, and put into stocks. It was a fantastic investment for me when I made it and you said sell it. Had I taken your advice it would have cost me close to 15k. Mach I made a substantial amount of money by doing the opposite of what you said do. Your snide little comments are proven even more pathetic by that fact. What I did worked, and worked very well.

See mach because you're stupid you don't understand that investing in gold two years ago doesn't become a bad idea because gold is down now. And I've not said invest in gold now have I?

It's ok, I know you're smarting because of the humiliation that came with you posting a thread to puff yourself up only to have it revealed you cherry picked your comments. You're desperate to try and rebound. I don't begrudge your trying.

But hey, here's some free advice. Now that gold is dropping consider putting your money in jewelry companies. They should see a bounce back.
(This post was last modified: 06-28-2013 08:01 PM by Ninerfan1.)
06-28-2013 07:59 PM
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Machiavelli Offline
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Post: #26
RE: Gold has it's worst quarter EVER.
Who said that? Mach. Date he said it? May 18th, 2010. Price of gold then? $1196 an ounce.

Link this post please. I would like to see the whole post.
06-28-2013 08:00 PM
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Machiavelli Offline
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Post: #27
RE: Gold has it's worst quarter EVER.
You would have made 300,000 in FUN if you made 15 K on gold but heh you take what you can get. I'll smack 320 yd drives while you address your 180 yd ones. It's a nice straight drive.
06-28-2013 08:03 PM
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Ninerfan1 Offline
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Post: #28
RE: Gold has it's worst quarter EVER.
(06-28-2013 08:00 PM)Machiavelli Wrote:  Who said that? Mach. Date he said it? May 18th, 2010. Price of gold then? $1196 an ounce.

Link this post please. I would like to see the whole post.

Geez could you be anymore worthless? I gave you the freaking date and everything.

Here you go princess.

Quote:Even after the constant onslaught from the right on the value of the dollar. How the sky is falling and oil will be 120 a barrel and hyperinflation will cause gold to go to 3000 an ounce. Look where we sit today. I look for interest rates to fall even further these next 6 months. I think shorting gold may be a good play here. I'm still long on bank stocks and shorting makes me too nervous, but I see clear sailing ahead. I know all of you are happy the stimulus worked. After all, we're all happy our country isn't staring into the abyss we were two years ago................ right. You guys can stop stockpiling the guns. It's morning in America, we dodged last night's storms.
06-28-2013 08:06 PM
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Ninerfan1 Offline
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Post: #29
RE: Gold has it's worst quarter EVER.
(06-28-2013 08:03 PM)Machiavelli Wrote:  You would have made 300,000 in FUN if you made 15 K on gold but heh you take what you can get. I'll smack 320 yd drives while you address your 180 yd ones. It's a nice straight drive.

Great call on shorting gold Mach. Well done.

And I do just fine in my investments. Better than you will ever do.
(This post was last modified: 06-28-2013 08:08 PM by Ninerfan1.)
06-28-2013 08:07 PM
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Machiavelli Offline
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Post: #30
RE: Gold has it's worst quarter EVER.
I don't know if you are doing this on purpose but I need to see the post.


See mach because you're stupid you don't understand that investing in gold two years ago doesn't become a bad idea because gold is down now. And I've not said invest in gold now have I?


2 years ago in 2011 gold was at 1495.

Are you just stupid or a liar. We need to see the post to find out. Please link the post where I said I wouldn't invest in gold. 2011 or 2010?
06-28-2013 08:08 PM
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Ninerfan1 Offline
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Post: #31
RE: Gold has it's worst quarter EVER.
(06-28-2013 08:08 PM)Machiavelli Wrote:  I don't know if you are doing this on purpose but I need to see the post.


See mach because you're stupid you don't understand that investing in gold two years ago doesn't become a bad idea because gold is down now. And I've not said invest in gold now have I?


2 years ago in 2011 gold was at 1495.

Are you just stupid or a liar. We need to see the post to find out. Please link the post where I said I wouldn't invest in gold. 2011 or 2010?

Look three posts up sh1t stick. Then apologize for being an ass.

Oh, and 2 years ago you were still wrong.
(This post was last modified: 06-28-2013 08:10 PM by Ninerfan1.)
06-28-2013 08:09 PM
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Machiavelli Offline
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Post: #32
RE: Gold has it's worst quarter EVER.
The fact you can type this:

It's so cute how Mach likes to ignore the things that hurt his narrative, like facts.


Then in the next sentence type this: I think shorting gold may be a good play here


without putting in the next part

I think shorting gold may be a good play here. I'm still long on bank stocks and shorting makes me too nervous, but I see clear sailing ahead.


You are an ABSOLUTE and TOTAL FRAUD.......... BTW I WAS ABSOLUTELY FKCIN POSITIVELY RIGHT!!!!!!


You need to ask my permission to converse with me going forward. You are a complete and utter sham and you should be embarrassed for yourself.
06-28-2013 08:14 PM
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Ninerfan1 Offline
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Post: #33
RE: Gold has it's worst quarter EVER.
(06-28-2013 08:14 PM)Machiavelli Wrote:  The fact you can type this:

It's so cute how Mach likes to ignore the things that hurt his narrative, like facts.


Then in the next sentence type this: I think shorting gold may be a good play here


without putting in the next part

I think shorting gold may be a good play here. I'm still long on bank stocks and shorting makes me too nervous, but I see clear sailing ahead.


You are an ABSOLUTE and TOTAL FRAUD.......... BTW I WAS ABSOLUTELY FKCIN POSITIVELY RIGHT!!!!!!


You need to ask my permission to converse with me going forward. You are a complete and utter sham and you should be embarrassed for yourself.

Good lord you are pathetic. I mean I'm embarrassed at how pathetic you are.

Here's a tip princess. Saying "shorting makes me too nervous" just means you're too much of a puss to back up your prediction. It doesn't change you put out there to consider shorting gold. Saying it makes you nervous to do X doesn't negate that you said X. The fact that you would try and argue it does shows how utterly pathetic you are.

And that wasn't your only comment on gold. Here's another one.

Quote:People are scared. Mainly from the trumpeting of Beck and Rush. Every damn commercial on their programs deals with investing in gold. The right is very scared. The informed will take advantage of that. Gold is 1200 dollars an ounce. Let's revisit this in 6 months.

Guess where gold prices were 6 months from then princess?

You also told me to get out of gold and that my "Merril Schmerril" guy was steering me wrong. Guess how that worked out.

Starting with gold at 1200 an ounce you said it was a bubble. To steer clear and potentially short it. What did it top out at Mach? How many hundreds of dollars an ounce did it go up before finally dropping substantially? How long after you made said prediction did it take?

I used to find your need for affirmation on the internet sad. Even pitied you over it. Now I just find it pathetic but in a really funny way. Keep lying, keep twisting, keep doing all you can to try and repair the damage you've done to yourself in this thread. The fact is your stupidity is there in print for all to see. And what's great is you know it. And it's killing you.
06-28-2013 08:24 PM
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Fo Shizzle Offline
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Post: #34
RE: Gold has it's worst quarter EVER.
F Gold as an investment strategy for the average person. Monthly (dollar cost average) investment in index funds... over decades is the ticket to retirement security without any risk. I am so glad I discovered John Bogle and his method several decades ago. As he says...."Look at your first statement...tear it up and never look at another one until retirement...then make sure you have your cardiologist at your side when you do. You may have heart attack when you see how much you are worth."

I look at mine...but...He is correct. It is amazing what dollar cost averaging over decades can do...without any effort or particular investment know how.

If you teach you kid anything about investing?....make it this FIRST. Gambling can be something they can try later when they have money they can afford to lose.
06-28-2013 08:30 PM
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Machiavelli Offline
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Post: #35
RE: Gold has it's worst quarter EVER.
Well, Since the title is "King Dollar" and not "King Gold" I don't know how you can say the initial supposition isn't right, but that's another story. I would like to address my hypothesis on why gold is going in the inverse of the other commodities. Two main factors. The biggest is there is increasing evidence that China is dumping Euro's and buying gold. That is a difference maker. A huge difference maker. China can literally move mountains in the financial area. Two, gold is a very expensive insurance policy. People are nervous and willing to pony up for that insurance. I think it's a stupid move, but the world is filled with stupid people. There's a 100 plays you could make that would be smarter than buying gold.



Ohhh btw.... another reason why Gold is cratering. India has suspended purchasing it. Gold could go anywhere from here. It could as easily go to 800 as it can go to 1600. It doesn't change the fact that you were incredibly wrong and I was right. It does takes a man to admit when he is wrong which is precisely why you won't. You are a sad and pathetic being.
06-28-2013 08:41 PM
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Ninerfan1 Offline
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Post: #36
RE: Gold has it's worst quarter EVER.
(06-28-2013 08:41 PM)Machiavelli Wrote:  It does takes a man to admit when he is wrong which is precisely why you won't. You are a sad and pathetic being.

I've got 15k in profit that says otherwise. But you go on trying to convince people you weren't wrong. Your words prove otherwise. And no amount of your lies to the contrary will change what you said.
06-28-2013 08:43 PM
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Post: #37
Re: Gold has it's worst quarter EVER.
Now that computers are trading as well as any Joe Schmoe with an internet connection, literally nothing cost its value. The entire financial system has been compromised and is a giant bubble.

Sent from my SCH-I535 using Tapatalk 2
06-28-2013 08:48 PM
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Machiavelli Offline
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Post: #38
RE: Gold has it's worst quarter EVER.
Look at the stocks I gave in that thread. FUN, the regional banks. FUN closed at 41.40 today. It's crazy what I bring to this room vs. what I get back. SOAF posted an article the DOW was going to go to 4200. Only about 10,700 off?????

Then you. Let's say you called the absolute low and high on gold from that date (Kind of like I did with BAC at 3 dollars but we all know you're not that smart but let's give you the benefit of the doubt) What did you make 30%? Here I can show a seven fold increase with actual data. You are a fraud and a joke and any conversation with you is below me.
(This post was last modified: 06-28-2013 08:58 PM by Machiavelli.)
06-28-2013 08:55 PM
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Machiavelli Offline
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Post: #39
RE: Gold has it's worst quarter EVER.
So you invested 50,000 in gold and made the exact call on the low and high. OK. yeah I believe you. 01-wingedeagle
06-28-2013 08:57 PM
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Machiavelli Offline
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Post: #40
RE: Gold has it's worst quarter EVER.
Now that computers are trading as well as any Joe Schmoe with an internet connection, literally nothing cost its value. The entire financial system has been compromised and is a giant bubble.


That's why you go with companies that yield over 5%. The list I left in the King Dollar thread. Use those.
06-28-2013 09:00 PM
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