Home › Forums › Financial Markets/Economics › if the dollar drops dramatically
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December 17, 2008 at 10:09 AM #317315December 17, 2008 at 12:34 PM #317026stockstradrParticipant
Wow: gold hitting $870/ounce!
And I dumped my gold at $810. Whoops. Who knew the shiny stuff was headed to $900/ounce?
I want my gold stash back, but at that $750/ounce price I paid some weeks ago!
December 17, 2008 at 12:34 PM #317377stockstradrParticipantWow: gold hitting $870/ounce!
And I dumped my gold at $810. Whoops. Who knew the shiny stuff was headed to $900/ounce?
I want my gold stash back, but at that $750/ounce price I paid some weeks ago!
December 17, 2008 at 12:34 PM #317419stockstradrParticipantWow: gold hitting $870/ounce!
And I dumped my gold at $810. Whoops. Who knew the shiny stuff was headed to $900/ounce?
I want my gold stash back, but at that $750/ounce price I paid some weeks ago!
December 17, 2008 at 12:34 PM #317441stockstradrParticipantWow: gold hitting $870/ounce!
And I dumped my gold at $810. Whoops. Who knew the shiny stuff was headed to $900/ounce?
I want my gold stash back, but at that $750/ounce price I paid some weeks ago!
December 17, 2008 at 12:34 PM #317515stockstradrParticipantWow: gold hitting $870/ounce!
And I dumped my gold at $810. Whoops. Who knew the shiny stuff was headed to $900/ounce?
I want my gold stash back, but at that $750/ounce price I paid some weeks ago!
December 17, 2008 at 12:42 PM #317041peterbParticipantWe should be nearing a top in gold. Wait. Dont know about $750 though. Glad I kept 20%. But I have a hefty stake in KGC,SLW and HMY. So I guess I’m almost a gold buy. Except I dont really like the stuff. Love the tax deals, though.
December 17, 2008 at 12:42 PM #317392peterbParticipantWe should be nearing a top in gold. Wait. Dont know about $750 though. Glad I kept 20%. But I have a hefty stake in KGC,SLW and HMY. So I guess I’m almost a gold buy. Except I dont really like the stuff. Love the tax deals, though.
December 17, 2008 at 12:42 PM #317434peterbParticipantWe should be nearing a top in gold. Wait. Dont know about $750 though. Glad I kept 20%. But I have a hefty stake in KGC,SLW and HMY. So I guess I’m almost a gold buy. Except I dont really like the stuff. Love the tax deals, though.
December 17, 2008 at 12:42 PM #317456peterbParticipantWe should be nearing a top in gold. Wait. Dont know about $750 though. Glad I kept 20%. But I have a hefty stake in KGC,SLW and HMY. So I guess I’m almost a gold buy. Except I dont really like the stuff. Love the tax deals, though.
December 17, 2008 at 12:42 PM #317530peterbParticipantWe should be nearing a top in gold. Wait. Dont know about $750 though. Glad I kept 20%. But I have a hefty stake in KGC,SLW and HMY. So I guess I’m almost a gold buy. Except I dont really like the stuff. Love the tax deals, though.
December 17, 2008 at 12:54 PM #317046stockstradrParticipantMy pick today?
Oil is back under $41/bbl, yet the oil stocks are still too high. I’m going with good ole black gold, crude oil.I’m buying the ProShares Ultra (2x leverage) crude oil ETF.
Mind you, I’m only buying 3% of portfolio, keeping cash in back pocket for some additional dollar-cost-averaging.You see part of me wonders if the oil pundits are right; maybe oil could go to $30/bbl. If it does I’ll buy LOTS more.
The last time I bought “UCO” was $15/share on Dec 5th; then it ran up to $17.50 in about five days, at which point I dumped it. Now she’s back to $15/share.
December 17, 2008 at 12:54 PM #317397stockstradrParticipantMy pick today?
Oil is back under $41/bbl, yet the oil stocks are still too high. I’m going with good ole black gold, crude oil.I’m buying the ProShares Ultra (2x leverage) crude oil ETF.
Mind you, I’m only buying 3% of portfolio, keeping cash in back pocket for some additional dollar-cost-averaging.You see part of me wonders if the oil pundits are right; maybe oil could go to $30/bbl. If it does I’ll buy LOTS more.
The last time I bought “UCO” was $15/share on Dec 5th; then it ran up to $17.50 in about five days, at which point I dumped it. Now she’s back to $15/share.
December 17, 2008 at 12:54 PM #317439stockstradrParticipantMy pick today?
Oil is back under $41/bbl, yet the oil stocks are still too high. I’m going with good ole black gold, crude oil.I’m buying the ProShares Ultra (2x leverage) crude oil ETF.
Mind you, I’m only buying 3% of portfolio, keeping cash in back pocket for some additional dollar-cost-averaging.You see part of me wonders if the oil pundits are right; maybe oil could go to $30/bbl. If it does I’ll buy LOTS more.
The last time I bought “UCO” was $15/share on Dec 5th; then it ran up to $17.50 in about five days, at which point I dumped it. Now she’s back to $15/share.
December 17, 2008 at 12:54 PM #317461stockstradrParticipantMy pick today?
Oil is back under $41/bbl, yet the oil stocks are still too high. I’m going with good ole black gold, crude oil.I’m buying the ProShares Ultra (2x leverage) crude oil ETF.
Mind you, I’m only buying 3% of portfolio, keeping cash in back pocket for some additional dollar-cost-averaging.You see part of me wonders if the oil pundits are right; maybe oil could go to $30/bbl. If it does I’ll buy LOTS more.
The last time I bought “UCO” was $15/share on Dec 5th; then it ran up to $17.50 in about five days, at which point I dumped it. Now she’s back to $15/share.
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