Forum Replies Created
-
AuthorPosts
-
blahblahblah
ParticipantThe gold and silver markets are very subject to manipulation but in this case I think that it was the result of profit-taking. After the bailout of Bear Stearns the big institutional investors that had gotten into gold defensively last year took their profit and put it back into stocks, cash, etc… The thinking is probably that the fed will bail out anything that’s big so that limits their investment risk. Just guessing.
Who knows what gold will do? I do know that when we see things in the news, the Maja Playaz know that we’re reading them and that we will get scared/confident/etc… and they use this to fleece unsophisticated investors (like yours truly!) You can watch “Wall Street Warriors” to see this in action. One of the guys on that show is a 25-year-old who runs a hedge fund out of his apartment. His whole strategy is this:
* Look for bad news about a company in papers/on the web
* Assume that lots of people will short the stock
* Buy big quantities of the stock to drive up the price
* Squeeze those little shorters until they screamHe makes tons of money doing this and he can get away with it because he has an enormous amount of money to invest. There are probably thousands of guys like him, all of them making millions a year by moving the market in ways that are not expected. Gold and silver are manipulated in the same way, and with the addition of the ETFs for these the manipulation will probably get more extreme.
One thing to remember is that manipulation like this is generally short-term. If you truly believe that the price of something will go up in the long term and you have the stomach to handle the volatility, then the investment might be a good idea. Shorting and trading on margin are of course very dangerous here because time comes into play, but a conventional long position might still work out in your favor.
It’s all so confusing. I miss the Beanie Baby market where all I had to do was buy 10 Larry the Lobsters, wait a couple of months and sell them for a big profit 🙁
ParticipantThe gold and silver markets are very subject to manipulation but in this case I think that it was the result of profit-taking. After the bailout of Bear Stearns the big institutional investors that had gotten into gold defensively last year took their profit and put it back into stocks, cash, etc… The thinking is probably that the fed will bail out anything that’s big so that limits their investment risk. Just guessing.
Who knows what gold will do? I do know that when we see things in the news, the Maja Playaz know that we’re reading them and that we will get scared/confident/etc… and they use this to fleece unsophisticated investors (like yours truly!) You can watch “Wall Street Warriors” to see this in action. One of the guys on that show is a 25-year-old who runs a hedge fund out of his apartment. His whole strategy is this:
* Look for bad news about a company in papers/on the web
* Assume that lots of people will short the stock
* Buy big quantities of the stock to drive up the price
* Squeeze those little shorters until they screamHe makes tons of money doing this and he can get away with it because he has an enormous amount of money to invest. There are probably thousands of guys like him, all of them making millions a year by moving the market in ways that are not expected. Gold and silver are manipulated in the same way, and with the addition of the ETFs for these the manipulation will probably get more extreme.
One thing to remember is that manipulation like this is generally short-term. If you truly believe that the price of something will go up in the long term and you have the stomach to handle the volatility, then the investment might be a good idea. Shorting and trading on margin are of course very dangerous here because time comes into play, but a conventional long position might still work out in your favor.
It’s all so confusing. I miss the Beanie Baby market where all I had to do was buy 10 Larry the Lobsters, wait a couple of months and sell them for a big profit 🙁
ParticipantThe gold and silver markets are very subject to manipulation but in this case I think that it was the result of profit-taking. After the bailout of Bear Stearns the big institutional investors that had gotten into gold defensively last year took their profit and put it back into stocks, cash, etc… The thinking is probably that the fed will bail out anything that’s big so that limits their investment risk. Just guessing.
Who knows what gold will do? I do know that when we see things in the news, the Maja Playaz know that we’re reading them and that we will get scared/confident/etc… and they use this to fleece unsophisticated investors (like yours truly!) You can watch “Wall Street Warriors” to see this in action. One of the guys on that show is a 25-year-old who runs a hedge fund out of his apartment. His whole strategy is this:
* Look for bad news about a company in papers/on the web
* Assume that lots of people will short the stock
* Buy big quantities of the stock to drive up the price
* Squeeze those little shorters until they screamHe makes tons of money doing this and he can get away with it because he has an enormous amount of money to invest. There are probably thousands of guys like him, all of them making millions a year by moving the market in ways that are not expected. Gold and silver are manipulated in the same way, and with the addition of the ETFs for these the manipulation will probably get more extreme.
One thing to remember is that manipulation like this is generally short-term. If you truly believe that the price of something will go up in the long term and you have the stomach to handle the volatility, then the investment might be a good idea. Shorting and trading on margin are of course very dangerous here because time comes into play, but a conventional long position might still work out in your favor.
It’s all so confusing. I miss the Beanie Baby market where all I had to do was buy 10 Larry the Lobsters, wait a couple of months and sell them for a big profit 🙁
ParticipantWhy is Ocean Beach RE still overpriced?
People are willing to pay a premium to be close to methheads and smelly hippies. It is also really nice to be able to walk to your drum circle instead of having to drive your car there.
ParticipantWhy is Ocean Beach RE still overpriced?
People are willing to pay a premium to be close to methheads and smelly hippies. It is also really nice to be able to walk to your drum circle instead of having to drive your car there.
ParticipantWhy is Ocean Beach RE still overpriced?
People are willing to pay a premium to be close to methheads and smelly hippies. It is also really nice to be able to walk to your drum circle instead of having to drive your car there.
ParticipantWhy is Ocean Beach RE still overpriced?
People are willing to pay a premium to be close to methheads and smelly hippies. It is also really nice to be able to walk to your drum circle instead of having to drive your car there.
ParticipantWhy is Ocean Beach RE still overpriced?
People are willing to pay a premium to be close to methheads and smelly hippies. It is also really nice to be able to walk to your drum circle instead of having to drive your car there.
ParticipantIs Temecula a good LT investment?
That will all depend on how well they secure their gasoline supplies…
ParticipantIs Temecula a good LT investment?
That will all depend on how well they secure their gasoline supplies…
ParticipantIs Temecula a good LT investment?
That will all depend on how well they secure their gasoline supplies…
ParticipantIs Temecula a good LT investment?
That will all depend on how well they secure their gasoline supplies…
ParticipantIs Temecula a good LT investment?
That will all depend on how well they secure their gasoline supplies…
March 21, 2008 at 1:19 PM in reply to: What am I missing? Is that a train coming at me or am I Chicken Little? #174352ParticipantThe deflation/inflation scenario question is interesting and I see the arguments for both cases. However, the one thing I see in favor of the inflationary scenario is that it will benefit the Maja Playaz at the very tippy-top of the pyramid. They have already sheltered their wealth in other currencies, commodities, etc… If the dollar continues to slide against their investments, they will be able to snap up everything super-cheap once the collapse is complete. They will also use their power as market makers to manipulate currencies and commodities to fleece the little fish along the way.
If the deflation scenario takes hold, it will be harder for the Maja Playaz to sweep up the carnage for pennies on the dollar at the end, since their investments will be devalued as well. Since the Maja Playaz are the ones writing all the laws, getting all the government bailouts, etc… it is likely that they will get their way. Personally I think this has been their MO all along…
The tricky part for us little fish is to find some place to keep our wealth so that we don’t get fleeced as well. Gold and silver are very easy for the Maja Playaz to manipulate, so if you’re in those be prepared for a bumpy ride. Beyond that I have no idea. Jim Rogers says agriculture, but commodity investing seems risky and complicated. Perhaps we’re getting ready for another big move in the Beanie Baby market — it’s been depressed for years! NOT INVESTMENT ADVICE.
-
AuthorPosts
