Wednesday, August 10, 2011

Alasdair Macleod: Beyond the tipping point

 

 

Be Right And Sit Tight

Eric De Groot at Eric De Groot - 2 minutes ago

John, purchasing weakness at $1200, $1500, etc., feels exactly the same as it at $500. Nobody listened to you, because they lacked the courage to stand alone. Jesse Livermore’s famous lesson, "Be Right and Sit Tight", Reminiscences of a Stock Operator demands the courage and discipline to stand outside the psychological safety of the often irrational group. The ability to do so is major... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]





The shorts must be screaming, about now: Gold shoots past record $1,800 an ounce. When I last checked, the silver-to-gold ratio was at 45.4-to-1. Again, if you have the vault space, this is a great time to ratio trade out of your 1 ounce gold coins, and into silver bullion coins. (Such as pre-1965 American "junk" silver.)




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Ron Paul: "Gold Is Not A Bubble"




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