[evilgenius]

$this->bbcode_second_pass_quote('cube', '')$this->bbcode_second_pass_quote('evilgenius', 'Y')ou guys don't listen to anything. I have been trying to tell you that this was going to happen for a while and giving you the reasons why and still you won't, can't seem to listen. Go ahead, buy as much gold as you can since you seem to want to lose everything anyway.

[eastbay]

$this->bbcode_second_pass_quote('cube', 'c')ube's how to get rich plan

You "only" need to know 4 things:
1) what to buy
2) when to buy it
3) what to sell
4) when to sell it

[joeltrout]

$this->bbcode_second_pass_quote('alokin', 'j')oeltrout why do you think that?

[smallpoxgirl]

$this->bbcode_second_pass_quote('Heineken', 'S')PG, invest the same modest amount in gold and/or silver each month. Just like a savings program, or a dividend-reinvestment plan with stocks. That way you "dollar-cost average."

[Heineken]

Good luck in your land quest, SPG. I never knew a more deserving landowner than you would be.

You can do it.

The key to amassing wealth is consistent, monthly saving (even a small amount) coupled with reducing one's living expenses to a minimum. I was determined to master that art if I did nothing else.

Get-rich-quick, buying-and-selling schemes are mostly for losers. Yah, there are exceptions.

Anyway, if you're self-employed you've already won half the battle to freedom.

Hell is taking orders from someone else.

[joeltrout]

$this->bbcode_second_pass_quote('Heineken', '
')
Anyway, if you're self-employed you've already won half the battle to freedom.

Hell is taking orders from someone else.

[Heineken]

I never FULLY knew how much I hated taking orders until I retired, Joel.

Throughout my career I focused on getting farther and farther away from the order givers. On marginalizing their control over me.

Anyway, everyone is different, and every job is different.

I agree about the virtues of a steady salary and benefits. They dovetail beautifully with wealth building along the lines I discussed earlier.

[Gandalf_the_White]

Sell! Sell! Sell!

[look down at watch]

Oh lunchtime!

[return to the trading floor exactly 30 minutes later]

Buy! Buy! Buy!

[joeltrout]

$this->bbcode_second_pass_quote('Gandalf_the_White', 'S')ell! Sell! Sell!

[look down at watch]

Oh lunchtime!

[return to the trading floor exactly 30 minutes later]

Buy! Buy! Buy!

[smallpoxgirl]

$this->bbcode_second_pass_quote('Heineken', 'G')ood luck in your land quest, SPG. I never knew a more deserving landowner than you would be.

[cube]

$this->bbcode_second_pass_quote('evilgenius', '.')..
Hurt your feelings have I? That was not my intention. My point is that I have been trying to tell the gold bulls for quite a while what could happen and nobody listened. I made this string of posts because I want people to pay attention to more than those that agree with them. Believe it or not, I care if I see people heading for a cliff and think I can do anything about it. If I tell you what I plan on doing what is that to you? Maybe you will listen and maybe you won't.

Maybe I am a little emphatic because I am a little tired of all of the gold bull sentiment against what I have said. Maybe I am tired of having to re-explain why I say what I say every single time because nobody wants to either check out any of my old posts when they encounter something that ought to alarm them or cruise the net in order to see if anybody else thinks like I do. Anybody can win a one sided argument. I have paid plenty of attention to the likes of you. Do you like one sided arguments or are you ready to pay attention (listening doesn't have to mean you agree) to the likes of me?
...

[mattduke]

A brief respite on the road to poverty. Take advantage of it.

[Cashmere]

Agreed. A very brief respite.

Did we get 3 days before the <b>seemingly inexorable</b> climb continued.

If you are looking to preserve value over the next 10 years, and you assume the Govt won't seize your bullion, then I'd say metals are a great place to park it.

Would never park it there looking for a profit.

[3aidlillahi]

Why did I buy at $17.50?!? Sigh... When's my next paycheck?

[Heineken]

$this->bbcode_second_pass_quote('smallpoxgirl', '')$this->bbcode_second_pass_quote('Heineken', 'G')ood luck in your land quest, SPG. I never knew a more deserving landowner than you would be.

[3aidlillahi]

$this->bbcode_second_pass_quote('', 'W')hat's next?

At my age...

[Heineken]

OK, PM me and I'll have my lawyer draw up the papers immediately.

[evilgenius]

$this->bbcode_second_pass_quote('cube', '')$this->bbcode_second_pass_quote('evilgenius', '.')..
Hurt your feelings have I? That was not my intention. My point is that I have been trying to tell the gold bulls for quite a while what could happen and nobody listened. I made this string of posts because I want people to pay attention to more than those that agree with them. Believe it or not, I care if I see people heading for a cliff and think I can do anything about it. If I tell you what I plan on doing what is that to you? Maybe you will listen and maybe you won't.

Maybe I am a little emphatic because I am a little tired of all of the gold bull sentiment against what I have said. Maybe I am tired of having to re-explain why I say what I say every single time because nobody wants to either check out any of my old posts when they encounter something that ought to alarm them or cruise the net in order to see if anybody else thinks like I do. Anybody can win a one sided argument. I have paid plenty of attention to the likes of you. Do you like one sided arguments or are you ready to pay attention (listening doesn't have to mean you agree) to the likes of me?
...

[cube]

$this->bbcode_second_pass_quote('evilgenius', '
')Cube,

I want to be mad at you but that just defeats the purpose. I wouldn't be true to myself if I let everybody that disagreed with me wrankle me so. I am more concerned with how it is that someone can make a post on a site like this stating to watch out for gold's fall and then come back and not so much say, 'I told you so', but let's talk about what comes next and not get any real discussion, rather a bunch of, 'if I am going to fall I am going to do it in style and maybe take you with me rhetoric'. People like you don't seem to want to hear anything but what you can understand as common knowledge or knowledge that is arrived at by mutual understanding. I am sorry that a rogue like me upsets your applecart. No, I don't arrive at what I say by means of listening to what others say. Yes, I do want to hold it to the scrutiny which a site like this brings. You are way out of line with your childish assertions. Sure I might be a little guilty of gloating, but I did that with respect. How about a little respect from you? Are you capable of it or do you judge yourself?

[pedalling_faster]

Damit ! i can't find it. oh well.

there's an article with a brief interview with Warren Buffett out this weekend.

he says he thinks the worst of the credit crisis is over, for Wall Street.

he also describes the Bear Stearns scenario, where he got a call from someone and they needed someone with $75 billion cash, to take on Bear Stearns. he only had $35-40 billion (in cash), so he had to pass.

i don't entirely buy it, but if the worse of the August 2007-April 2008 credit crisis _IS_ over for Wall Street, then ... it's wierd. it's like they're singing "happy days are here again" and dancing in the streets.

i don't know how much of what Buffett says is real, and how much is "trying to reassure the markets."