Get ready for the blow-off rally.

sorry melly , but the spoon feeding sessions stopped long ago.

find your own spot moron.


you are a clueless  clueless mug.When the rally occurs no doubt you will say " errr ahhh it was for the wrong reasons"

imbecile.

lololol,

melly- if iM a clown- why  are you so obsessed with me?

you have'nt started a thread that does'nt bear my name for months.You are obsessed with me.

Did I miss something yesterday? Did you say something controversial Mrben?

You are way to behaved for this company...

I guess I had to expect that from Mr Clueless.

You would be better off explaining what your doing with your gold melly- down to 1544

for the record-sadly the quick drop off in the futures did gobble up 70/80% of my profits.

but as a professional I judiciously use stops and never surrender all of the gains.

something a clown like you would not understand melly.

now- get back to your pile of gold and recommence sobbing into it

blow off rally cancelled.

aussie market off 100, which is huge for us/Resources in free fall.

its a rush for the exits instead this week.

Oh, and one more thing about your laughable rear-view mirror daily joke-calls on here.

If you waited to spot a "rush to this exits this week", then you're way too late to the party.....as usual.

The AUD was NEVER poised to go to 1.10 and the EUR NEVER had a relentless drive to 1.40. Only a massively ignorant clown saw it that way.

You get ahead of massive moves in......FEBRUARY, not "this week"


Menelaus 17 Feb 12 08:01
............

Since you make us laugh so hard every day on here, I'll let you in on a secret my little empty cranium friend, the AUD is the short of the year. As for the euro, tick......tick.......tick.......



Not quite 10 years wages yet, but I'm working on it

Are you seriously claiming that gold has actually gone up in value since the start of the year?

I think you will find that if you compare the gold price to all every day items (e.g petrol, food, booze, electricity etc) it will buy you far less than it would have 6 months ago. This is pretty much an undeniable fact - all of the above have increased drastically in price with inflation, whereas the gold price has gone down recently.

Here it goes for the last time perhaps you numbskulls will finally get it.

If you're paying attention to the paper price of PMs, other than figure out when you should be buying more, you shouldn't be in PMs.

Buy the physical WITHOUT leverage, get it in YOUR POSSESSION and put it away until it finally sinks in to everyone who can fog a mirror that the monetary system is broken, and there is no such thing as "muddle through" this fecking mess. The problems are structural, not cyclical. There is a massive debt overhang and not enough organic growth to be able to pay the coupon. And yes, that minor annoyance, cheap oil is gone, FOREVER. Is that so fecking hard to understand?

When will the day of reckoning be? When it becomes obvious to every lemming trading these markets that inflation is significantly higher than the yield on the UST 10 year, not this manipulated 2pc bullsh1t. That is the bubble of all bubbles. That day is not that far away.

The banking cartel has complete and unencumbered control of the precious metals markets with total impunity. If you don't understand and accept that, again you shouldn't be in PMs. Anyone who can dump enough paper selling 3/4's of the world's annual silver production on the markets in 5 minutes with the regulators not even batting an eye, HAS COMPLETE CONTROL of the metals markets.

If you let that bother you, if you're not able to see past that, and use PMs for what they really are…..A WEALTH PRESERVING MECHANISM when the system fails, you shouldn't own any. Or if you do, you are owning PMs for all the wrong reasons.

Let me guess.

We'll muddle through. No fecking idea why, we'll just muddle through.

For a deaf, dumb and blind poster, this mug sure lurks a lot.

Mute button still firmly pressed, I don't feel like hearing "I don't have any fecking idea why but somehow we'll muddle through" over and over and over again anymore.

Boring.

Btw does anybody else find it somewhat interesting that Menelaus is apparently advising dumping a substantial portion of one's net worth into non-interest bearing phsical gold, while at the same time he has no idea of the time frame when this investment will prove its worth.
Pretty hard to fund one's living expenses in that scenario, without in fact drawing down on capital, which would seem to be slightly counterproductive, particularly if one's living expenses are hyper inflating as much as Menelaus is claiming they are, apparently to most, if not all, of our collective knowledge or awareness.

Also could someone please ask him if I should be selling my GE puts ( taken out quite a long time ago on his recommendation of imminent GE bankruptcy- which unfortunately have been underwater from day one ) to fund some physical gold purchases ?
Never too late to get on the bandwagon ?
Now I'm not saying that every call that Menelaus makes should be 100% right ( though he seems to say that), but I would like a fighting chance every now and again.

melly's real net worth:

11/2  50,000+
3/1  0-50,000
5/8  less than 50,000

Another failed attempt at "smart". Someone ought to tell this clown that to post "smart" you *actually* have to be smart.

Yeah, missed it by *that* much...........

once again melly_ i called it in real time.

you are  mmm lets see--- oh yeh- smart  AFTER the event.

thats known as - aftertiming.

What a clown !!!!

You've reduced this forum to a circus, a complete joke.

You should be proud.





Remind me again, what time is it where you live? Take your meds and go to bed you retard. Stop polluting the forum.

You've reduced this forum to a BAD joke, sort of like your finances and your life.

Well done.


P.S. Yeah, I guess you're right about the "obsessed" thing, why else would anyone stay up in the middle of the night to post on here.

More white space from the Prince of "Can't-Tell-You-Why-But-We'll-Muddle-Through", the expat retiree living on his pension in the warm and sunny climate of bankrupt Spain, trying to make ends meet on a fixed income, but who apparently uses "financial advisers" to tell him how to spend his hard earned government monthly cheque, while at the same time watching the cubbyhole he "invested" at the top of the market in 2007 lose more value with each and every passing day, and is totally befuddled with unfolding financial events around him which he finds too complex to understand. (Wow, I've outdone myself, that's some sentence :) )

Yes Sir, I yield to your superior knowledge, your financial savvy, your panache in money management, and I shall try to pay more attention in the future of what lessons there is to be learned from putting up white space up on this forum time and again.

On the other hand, may be you're just posting precisely what you have in your head......white space.