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Gold/Silver Dealers

Started by Joetul, June 11, 2016, 12:55:11 PM

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davideinstein

Check out the ticker NUGT

heironymouspasparagus

#16
Quote from: davideinstein on June 28, 2016, 05:54:03 PM
Check out the ticker NUGT


Mines are a whole different story - NOT the same thing as buying gold at all !!  I made some good money back in the 70's and 80's on a company called Benguet Corporation.  Gold mining operation in the Philippines that did very well for quite a few years - no longer listed here...probably due to "irregularities", and foreign ownership is not allowed according to the Philippine Stock Exchange.

And look at what NUGT has done historically - what a mess that thing has been!!  Except for the last 6 months.   Las Vegas style investing...

How many got in at $20,000 a share and rode it into the $25 range.  If you go there - and it should have been in January, if you were gonna, when do you get out??

"So he brandished a gun, never shot anyone or anything right?"  --TeeDub, 17 Feb 2018.

I don't share my thoughts because I think it will change the minds of people who think differently.  I share my thoughts to show the people who already think like me that they are not alone.

davideinstein

I don't touch inverse stocks, but it's crazy to watch them.

heironymouspasparagus

Quote from: davideinstein on June 29, 2016, 04:22:59 PM
I don't touch inverse stocks, but it's crazy to watch them.


I had a couple thousand dollars laying around one time - long ago in a galaxy far, far away - that wasn't real busy, so decided to "trade" in options.  Another massive sucker bet.  Well, I spent about 14 months with that little episode and it was AMAZING the high you can get from that stuff !!!   It is the same kind of intense rush that some get from casinos, but drawn out over days, weeks, months, instead of one roll of the dice, or one pull of the handle.  And I made a LOT of money - IF I had stopped at the top (the old problem of calling tops and bottoms again), I would probably have been retired before now!  And then got back to the original $2,000 I started with.  Actually ended up a couple hundred short....  But what a ride!!!

"So he brandished a gun, never shot anyone or anything right?"  --TeeDub, 17 Feb 2018.

I don't share my thoughts because I think it will change the minds of people who think differently.  I share my thoughts to show the people who already think like me that they are not alone.

heironymouspasparagus

"So he brandished a gun, never shot anyone or anything right?"  --TeeDub, 17 Feb 2018.

I don't share my thoughts because I think it will change the minds of people who think differently.  I share my thoughts to show the people who already think like me that they are not alone.