[stockstradr]

But it is also possible that it would happen very suddenly, without all involved parties holding hands.

I agree. Good point. The dollar could become unseated very suddenly, losing its stance as the world’s currency.

Here is a question I have been pondering for years:

A typical nation can generally manage the value of its currency because the vast majority of its currency is within its own borders, or at least under its control. However, with the Dollar, the situation is more complex.

In other words, if the trillions of dollars floating around the world are suddenly dumped by foreigners and traded into Euros/Gold/RMB/Swiss Francs….then WHAT CAN the Fed do to prevent the collapse of the dollar?

It seems to be that in that scenario, the value of the dollar would collapse. What am I missing?

[stockstradr]

But it is also possible that it would happen very suddenly, without all involved parties holding hands.

I agree. Good point. The dollar could become unseated very suddenly, losing its stance as the world’s currency.

Here is a question I have been pondering for years:

A typical nation can generally manage the value of its currency because the vast majority of its currency is within its own borders, or at least under its control. However, with the Dollar, the situation is more complex.

In other words, if the trillions of dollars floating around the world are suddenly dumped by foreigners and traded into Euros/Gold/RMB/Swiss Francs….then WHAT CAN the Fed do to prevent the collapse of the dollar?

It seems to be that in that scenario, the value of the dollar would collapse. What am I missing?

[stockstradr]

But it is also possible that it would happen very suddenly, without all involved parties holding hands.

I agree. Good point. The dollar could become unseated very suddenly, losing its stance as the world’s currency.

Here is a question I have been pondering for years:

A typical nation can generally manage the value of its currency because the vast majority of its currency is within its own borders, or at least under its control. However, with the Dollar, the situation is more complex.

In other words, if the trillions of dollars floating around the world are suddenly dumped by foreigners and traded into Euros/Gold/RMB/Swiss Francs….then WHAT CAN the Fed do to prevent the collapse of the dollar?

It seems to be that in that scenario, the value of the dollar would collapse. What am I missing?

[stockstradr]

Gold seems to have all the characteristics of accelerating asset appreciation, or a bubble.

Suggest you read Rich’s investment articles on the subject of gold. Rich is a very sharp guy about financial investing. I don’t have a link for you, but I believe Rich has written about the question is there a bubble in gold.

Other experts, economists, financial analysts have also written on the topic of is gold in a bubble and arrived a similar opinion as Rich’s. Brilliant people looking separately at the same data arrived a similar conclusions.

My concerns about gold are more along these lines:
1) The (relatively) recent arrival of the GoldTracks ETF “GLD” has apparently increased the volatility in gold spot prices. That ETF is now said to have more than 600 tonnes of gold, more gold than is found in all but a few countries gold reserves (separately, not combined). Case in point: the recent quick fall from about $1,000/ounce down to $750/ounce.
2) Many have written on the claim there is a secret consortium of countries whose foreign reserve officers act in concert (massive selling or buying) to keep the price of gold within a trading range they prefer. You can search on the net and read about it. However, one could argue that if such a secret consortium does exist, it sure didn’t do a great job of preventing the recent price run-up to $1,000/ounce, did it?
3) I think the US stock markets hit a short-term bottom today (mid-day) and will now have a fool’s rally that will pull money out of gold, so gold could fall in the short term.

Having said all that, I’ll finish by sharing the simple fact that I made twenty-five grand on gold in the last 48 hours. So, at least this week, you’re going to have a hard time convincing me to hate gold!

[stockstradr]

Gold seems to have all the characteristics of accelerating asset appreciation, or a bubble.

Suggest you read Rich’s investment articles on the subject of gold. Rich is a very sharp guy about financial investing. I don’t have a link for you, but I believe Rich has written about the question is there a bubble in gold.

Other experts, economists, financial analysts have also written on the topic of is gold in a bubble and arrived a similar opinion as Rich’s. Brilliant people looking separately at the same data arrived a similar conclusions.

My concerns about gold are more along these lines:
1) The (relatively) recent arrival of the GoldTracks ETF “GLD” has apparently increased the volatility in gold spot prices. That ETF is now said to have more than 600 tonnes of gold, more gold than is found in all but a few countries gold reserves (separately, not combined). Case in point: the recent quick fall from about $1,000/ounce down to $750/ounce.
2) Many have written on the claim there is a secret consortium of countries whose foreign reserve officers act in concert (massive selling or buying) to keep the price of gold within a trading range they prefer. You can search on the net and read about it. However, one could argue that if such a secret consortium does exist, it sure didn’t do a great job of preventing the recent price run-up to $1,000/ounce, did it?
3) I think the US stock markets hit a short-term bottom today (mid-day) and will now have a fool’s rally that will pull money out of gold, so gold could fall in the short term.

Having said all that, I’ll finish by sharing the simple fact that I made twenty-five grand on gold in the last 48 hours. So, at least this week, you’re going to have a hard time convincing me to hate gold!

[stockstradr]

Gold seems to have all the characteristics of accelerating asset appreciation, or a bubble.

Suggest you read Rich’s investment articles on the subject of gold. Rich is a very sharp guy about financial investing. I don’t have a link for you, but I believe Rich has written about the question is there a bubble in gold.

Other experts, economists, financial analysts have also written on the topic of is gold in a bubble and arrived a similar opinion as Rich’s. Brilliant people looking separately at the same data arrived a similar conclusions.

My concerns about gold are more along these lines:
1) The (relatively) recent arrival of the GoldTracks ETF “GLD” has apparently increased the volatility in gold spot prices. That ETF is now said to have more than 600 tonnes of gold, more gold than is found in all but a few countries gold reserves (separately, not combined). Case in point: the recent quick fall from about $1,000/ounce down to $750/ounce.
2) Many have written on the claim there is a secret consortium of countries whose foreign reserve officers act in concert (massive selling or buying) to keep the price of gold within a trading range they prefer. You can search on the net and read about it. However, one could argue that if such a secret consortium does exist, it sure didn’t do a great job of preventing the recent price run-up to $1,000/ounce, did it?
3) I think the US stock markets hit a short-term bottom today (mid-day) and will now have a fool’s rally that will pull money out of gold, so gold could fall in the short term.

Having said all that, I’ll finish by sharing the simple fact that I made twenty-five grand on gold in the last 48 hours. So, at least this week, you’re going to have a hard time convincing me to hate gold!

[stockstradr]

Gold seems to have all the characteristics of accelerating asset appreciation, or a bubble.

Suggest you read Rich’s investment articles on the subject of gold. Rich is a very sharp guy about financial investing. I don’t have a link for you, but I believe Rich has written about the question is there a bubble in gold.

Other experts, economists, financial analysts have also written on the topic of is gold in a bubble and arrived a similar opinion as Rich’s. Brilliant people looking separately at the same data arrived a similar conclusions.

My concerns about gold are more along these lines:
1) The (relatively) recent arrival of the GoldTracks ETF “GLD” has apparently increased the volatility in gold spot prices. That ETF is now said to have more than 600 tonnes of gold, more gold than is found in all but a few countries gold reserves (separately, not combined). Case in point: the recent quick fall from about $1,000/ounce down to $750/ounce.
2) Many have written on the claim there is a secret consortium of countries whose foreign reserve officers act in concert (massive selling or buying) to keep the price of gold within a trading range they prefer. You can search on the net and read about it. However, one could argue that if such a secret consortium does exist, it sure didn’t do a great job of preventing the recent price run-up to $1,000/ounce, did it?
3) I think the US stock markets hit a short-term bottom today (mid-day) and will now have a fool’s rally that will pull money out of gold, so gold could fall in the short term.

Having said all that, I’ll finish by sharing the simple fact that I made twenty-five grand on gold in the last 48 hours. So, at least this week, you’re going to have a hard time convincing me to hate gold!

[stockstradr]

Gold seems to have all the characteristics of accelerating asset appreciation, or a bubble.

Suggest you read Rich’s investment articles on the subject of gold. Rich is a very sharp guy about financial investing. I don’t have a link for you, but I believe Rich has written about the question is there a bubble in gold.

Other experts, economists, financial analysts have also written on the topic of is gold in a bubble and arrived a similar opinion as Rich’s. Brilliant people looking separately at the same data arrived a similar conclusions.

My concerns about gold are more along these lines:
1) The (relatively) recent arrival of the GoldTracks ETF “GLD” has apparently increased the volatility in gold spot prices. That ETF is now said to have more than 600 tonnes of gold, more gold than is found in all but a few countries gold reserves (separately, not combined). Case in point: the recent quick fall from about $1,000/ounce down to $750/ounce.
2) Many have written on the claim there is a secret consortium of countries whose foreign reserve officers act in concert (massive selling or buying) to keep the price of gold within a trading range they prefer. You can search on the net and read about it. However, one could argue that if such a secret consortium does exist, it sure didn’t do a great job of preventing the recent price run-up to $1,000/ounce, did it?
3) I think the US stock markets hit a short-term bottom today (mid-day) and will now have a fool’s rally that will pull money out of gold, so gold could fall in the short term.

Having said all that, I’ll finish by sharing the simple fact that I made twenty-five grand on gold in the last 48 hours. So, at least this week, you’re going to have a hard time convincing me to hate gold!

[stockstradr]

My experience with trading options has been FAR more profitable (nice multi-X gains on small at-risk $ amounts)

So, here is a question for YOU: why do you think my typical net profit is 50% to say 90%, while you’re claimed profit is multiple X initial investment?

ANSWER: either you have inside information (making certain profit on illegal trades) OR you are playing SUCKER BETS, which is the sign of someone quite new to strategic investing with options and who is choosing poorly in terms of RISK/REWARD ratios.

Seasoned pro’s use options analysis spreadsheets to run RISK/REWARDS simulations to predict options response to a inputed (hypothetical) anticipated market move, so they can identify optimal choices to reduce risk while maintaining a reasonable reward.

You see, back in Oct ’07 at the peak of the market, I could have easily purchased puts at strike prices that would have now returned me 5X or 10X…so WHY didn’t I?

If you really don’t know the answer to that question, then may I suggest you read this book and other similar books:

Options as a Strategic Investment by Lawrence G. McMillan

As for your original question, just look at the typical daily VOLUME of the options you are buying. Don’t buy options that are too thinly traded, and don’t worry about such questions when you do buy options that have sufficient daily trading volume (to ensure an efficient market for unloading them when needed)

[stockstradr]

My experience with trading options has been FAR more profitable (nice multi-X gains on small at-risk $ amounts)

So, here is a question for YOU: why do you think my typical net profit is 50% to say 90%, while you’re claimed profit is multiple X initial investment?

ANSWER: either you have inside information (making certain profit on illegal trades) OR you are playing SUCKER BETS, which is the sign of someone quite new to strategic investing with options and who is choosing poorly in terms of RISK/REWARD ratios.

Seasoned pro’s use options analysis spreadsheets to run RISK/REWARDS simulations to predict options response to a inputed (hypothetical) anticipated market move, so they can identify optimal choices to reduce risk while maintaining a reasonable reward.

You see, back in Oct ’07 at the peak of the market, I could have easily purchased puts at strike prices that would have now returned me 5X or 10X…so WHY didn’t I?

If you really don’t know the answer to that question, then may I suggest you read this book and other similar books:

Options as a Strategic Investment by Lawrence G. McMillan

As for your original question, just look at the typical daily VOLUME of the options you are buying. Don’t buy options that are too thinly traded, and don’t worry about such questions when you do buy options that have sufficient daily trading volume (to ensure an efficient market for unloading them when needed)

[stockstradr]

My experience with trading options has been FAR more profitable (nice multi-X gains on small at-risk $ amounts)

So, here is a question for YOU: why do you think my typical net profit is 50% to say 90%, while you’re claimed profit is multiple X initial investment?

ANSWER: either you have inside information (making certain profit on illegal trades) OR you are playing SUCKER BETS, which is the sign of someone quite new to strategic investing with options and who is choosing poorly in terms of RISK/REWARD ratios.

Seasoned pro’s use options analysis spreadsheets to run RISK/REWARDS simulations to predict options response to a inputed (hypothetical) anticipated market move, so they can identify optimal choices to reduce risk while maintaining a reasonable reward.

You see, back in Oct ’07 at the peak of the market, I could have easily purchased puts at strike prices that would have now returned me 5X or 10X…so WHY didn’t I?

If you really don’t know the answer to that question, then may I suggest you read this book and other similar books:

Options as a Strategic Investment by Lawrence G. McMillan

As for your original question, just look at the typical daily VOLUME of the options you are buying. Don’t buy options that are too thinly traded, and don’t worry about such questions when you do buy options that have sufficient daily trading volume (to ensure an efficient market for unloading them when needed)

[stockstradr]

My experience with trading options has been FAR more profitable (nice multi-X gains on small at-risk $ amounts)

So, here is a question for YOU: why do you think my typical net profit is 50% to say 90%, while you’re claimed profit is multiple X initial investment?

ANSWER: either you have inside information (making certain profit on illegal trades) OR you are playing SUCKER BETS, which is the sign of someone quite new to strategic investing with options and who is choosing poorly in terms of RISK/REWARD ratios.

Seasoned pro’s use options analysis spreadsheets to run RISK/REWARDS simulations to predict options response to a inputed (hypothetical) anticipated market move, so they can identify optimal choices to reduce risk while maintaining a reasonable reward.

You see, back in Oct ’07 at the peak of the market, I could have easily purchased puts at strike prices that would have now returned me 5X or 10X…so WHY didn’t I?

If you really don’t know the answer to that question, then may I suggest you read this book and other similar books:

Options as a Strategic Investment by Lawrence G. McMillan

As for your original question, just look at the typical daily VOLUME of the options you are buying. Don’t buy options that are too thinly traded, and don’t worry about such questions when you do buy options that have sufficient daily trading volume (to ensure an efficient market for unloading them when needed)

[stockstradr]

My experience with trading options has been FAR more profitable (nice multi-X gains on small at-risk $ amounts)

So, here is a question for YOU: why do you think my typical net profit is 50% to say 90%, while you’re claimed profit is multiple X initial investment?

ANSWER: either you have inside information (making certain profit on illegal trades) OR you are playing SUCKER BETS, which is the sign of someone quite new to strategic investing with options and who is choosing poorly in terms of RISK/REWARD ratios.

Seasoned pro’s use options analysis spreadsheets to run RISK/REWARDS simulations to predict options response to a inputed (hypothetical) anticipated market move, so they can identify optimal choices to reduce risk while maintaining a reasonable reward.

You see, back in Oct ’07 at the peak of the market, I could have easily purchased puts at strike prices that would have now returned me 5X or 10X…so WHY didn’t I?

If you really don’t know the answer to that question, then may I suggest you read this book and other similar books:

Options as a Strategic Investment by Lawrence G. McMillan

As for your original question, just look at the typical daily VOLUME of the options you are buying. Don’t buy options that are too thinly traded, and don’t worry about such questions when you do buy options that have sufficient daily trading volume (to ensure an efficient market for unloading them when needed)

[stockstradr]

As stated in other threads, I WILL start buying China stocks any day now.

The Shanghai index has now fallen from over six grand down to about 1,800.

It is almost time to buy. Did you see what China Mobile did the other day? UP!

These are fire sale prices.

[stockstradr]

As stated in other threads, I WILL start buying China stocks any day now.

The Shanghai index has now fallen from over six grand down to about 1,800.

It is almost time to buy. Did you see what China Mobile did the other day? UP!

These are fire sale prices.

[Author]

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