Should I buy Silver and Gold?

[peanuts]

Good to see you Ski.

Peanuts...only stock I own is SSRI...I'm dn 3 bux a share

...Doug

Solid Silver play, and a great way to leverage silver... good luck!

[peanuts]

i have a bunch of silver quarters available for sale. they range in date from 1932 to 1964 and are in good condition but nothing in mint or near mint. they are good for the intrisinc value of silver coin to anyone that is interested. if you are you can pm me here or post your interest here.
I like silver here at this level and am of the opinion that it goes back to $20 or so by years end.

Wow, thanks Ski. I hope you get a lot of offers for the coins. I personally think that this is a great way to protect some accumulated wealth AND offers a unique opportunity to be involved in the history of the good ole USA.

The FED will never make silver coins for circulation again- it's just too easy to run the printing presses and keep us all in check with inflation. Nixon screwed us all when the value of the dollar was disconnected and no longer backed from the value of gold reserves. It amazes me that some people still think that the US dollar is back by something other than the credit rating of the US government. Which may be in doubt after the fallout from this current crisis. Why else would T-bills yield basically nothing?

I heard that we may begin to circulate pennies made with 0% copper... amazing!

[IIC]

i am alive and well doug. this economic disaster in the mortage and banking industry is going to cost me and my principals big time bucks. but the only thing important to me is one's health, mental capacities, and the desire and drive to put together the next deal. i hope everything is well with you doug. i am sure your business is being affected by all of this.

Actually it seems to be affected somewhat...But not so much with me...Somebody has to run these buildings as long as they are open....I manage 110 of them and most are owner occupied. Cost cutting yes...But still OK...Anyway, my forte is cost control...Best, Doug

[IIC]

Solid Silver play, and a great way to leverage silver... good luck!

Well...I'm not doing well so far...It is a light play...But any loss hurts...Doug

[Peter Hansen]

Look Like A Winner Gold Mine To Me !

A Mr Cohen of Doubling Stocks i.e. MARL the Robot stock picker after months has finally come up with a stock GOLD Mine tip.....which will be disclosed shortly ......boy I can't wait looks exciting to me .
I believe it was Mark Twain who said ," A gold mine is a hole in the ground with a liar standing over it"......Anyway here is a picture of the mine in Cambodia could be the Hee Haw mine for all I know, well anyway here is a pic of the mine for all its worth !
WTF is MR Cohen Thinking ....he says the stock , to be announced , will rise in value.......Well good luck to all the investors LOL

http://getresponse.com/l/s56aPKFNML75YUJZJI3RYP7VNKNQRTGFXEPYYCXMY6DW74QQDT5BFC4A

[skiracer]

A Mr Cohen of Doubling Stocks i.e. MARL the Robot stock picker after months has finally come up with a stock GOLD Mine tip.....which will be disclosed shortly ......boy I can't wait looks exciting to me .
I believe it was Mark Twain who said ," A gold mine is a hole in the ground with a liar standing over it"......Anyway here is a picture of the mine in Cambodia could be the Hee Haw mine for all I know, well anyway here is a pic of the mine for all its worth !
WTF is MR Cohen Thinking ....he says the stock , to be announced , will rise in value.......Well good luck to all the investors LOL

http://getresponse.com/l/s56aPKFNML7...DW74QQDT5BFC4A

l
i think i cut some north vietnamese guys throat in that tunnel.

[Peter Hansen]

Ski Still not convinced?

Michael Cohen finally announced the name of the Cambodian Gold Mine ,,,,,,the stock is .......Trumpets Please ..........ELRA.OB. Ski here is another picture of the Gold Mine ........kind of looks like spider hole Sadam Hussein was dragged from . I am sure Cohen has his finger on the sell buton waiting for the suckers to pile in . Here is the mine Picture LOL

http://doublingstocks.com/cambodia/DSC00001.jpg

[New-born baby]

Michael Cohen finally announced the name of the Cambodian Gold Mine ,,,,,,the stock is .......Trumpets Please ..........ELRA.OB. Ski here is another picture of the Gold Mine ........kind of looks like spider hole Sadam Hussein was dragged from . I am sure Cohen has his finger on the sell buton waiting for the suckers to pile in . Here is the mine Picture LOL
http://doublingstocks.com/cambodia/DSC00001.jpg

Pete,
Thanks one high tech mine. Do they dig with sticks? I know they don't own a shovel. How does that affect production?

Frankly I think Ski is right: he did slit a NVA's throat in that hole. All Cohen has done is exhume the body.

Really, I think they are planning on putting gold into that hole--from investors--and not planning on digging any out of it.

[Peter Hansen]

New Born Nice Response!

Pete,
Thanks one high tech mine. Do they dig with sticks? I know they don't own a shovel. How does that affect production?

Frankly I think Ski is right: he did slit a NVA's throat in that hole. All Cohen has done is exhume the body.

Really, I think they are planning on putting gold into that hole--from investors--and not planning on digging any out of it.

NB in case you are wondering ......ELRA closed dwon 5% and change at close of 10/2/08 . Even Mr Cohen could not prop up this turkey
here is the Chart !

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=elra&sid=0&o_symb=elra

[New-born baby]

Gold hammered yesterday. Thanks for the post, Pete! I love your posts!

[peanuts]

Gold going to $740, Silver to $8.50

If they break lower than that, then beware of overall price deflation.

[peanuts]

Gold going to $740, Silver to $8.50

If they break lower than that, then beware of overall price deflation.

anyone shorting the ETF's? Nice drop today

[peanuts]

Gold going to $740, Silver to $8.50

If they break lower than that, then beware of overall price deflation.

$740 busted! Gold heading for the $600's now, barring a major reversal of golden fortune, people would rather hold dollars...

Who knows where silver is going?

Deflation, here we come!

[Peter Hansen]

A Must Read For Gold BUGS

Dr Steve Sjuggerud and 2 Gold experts comment on GOLD in the 10/20/08 issue of the Free "Daily Wealth"....I do not subscribe to any newsletters mentioned ......nor will I comment on any . I have dabbled in gold but wound up losing with Gold Stocks .....my Gold coins took 20 years to make any money .....and now I am ahead on physical gold bullion coins .....but think about it ,I could have placed the money into a stock like LUK and came out well ahead of what I made . So do your homework first but read the following report .....VERRRRRRRY Interesting!

http://www.dailywealth.com/archive/2008/oct/2008_oct_20.asp?printdoc=print

[peanuts]

$740 busted! Gold heading for the $600's now, barring a major reversal of golden fortune, people would rather hold dollars...

Who knows where silver is going?

Deflation, here we come!

Dr Steve Sjuggerud and 2 Gold experts comment on GOLD in the 10/20/08 issue of the Free "Daily Wealth LINK TO ARTICLE...

I do prescribe to the idea of buying commodities for a long term holding period.

However, due to the unwinding of positions taken on credit, and the flight to the safety in a US dollar, I foresee a short term deflationary period which will stagnate the price of commodities for an equal amount of time. Commodities do not have the same volume as currency trading, so I would suspect that a trend reversal in commodities will follow the trend reversal in the USD. This will give everyone plenty of time to dump dollars and buy commodities. I give deflation a period of 1 to 2 years max.

Once the dollar dumping occurs, the US is in for a period of hyper-inflation. This is the reason that I prescribe to the idea of buying commodities for the long term. Once the next round of inflation starts, there won't be much to stop it.

I would strongly suggest to anyone who understands the above to take the time now to get your financial house in order and become a net saver if you are not one already. During the next decade, peace of mind will not come easily for the majority of US baby boomers. The old saying goes, "You reap what you sow"