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A Question
#7852560
05/27/20 02:28 PM
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Joined: Mar 2013
Posts: 3,536
BayouGuy
OP
Extreme Tracker
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OP
Extreme Tracker
Joined: Mar 2013
Posts: 3,536 |
If gold and silver are going to be worth substantially more next year, why are the companies that have gold and silver today spending so much money on TV ads to convince you to take it off their hands?
If you can't laugh at yourself, give me a call. I'll gladly laugh at you. "I keep trying to see Nancy Pelosi's and Chuck Schumer's point of view, but I can't seem to get my head that far up my [censored]." Senator John Kennedy, Louisiana
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Re: A Question
[Re: BayouGuy]
#7852584
05/27/20 02:42 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Good question. They are both down today.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: A Question
[Re: BayouGuy]
#7852596
05/27/20 02:57 PM
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Joined: Jul 2019
Posts: 14,149
Hudbone
THF Celebrity
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THF Celebrity
Joined: Jul 2019
Posts: 14,149 |
Here's someone who understands how things work. and from Louisiana no less. Whu'd a thunk?
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Re: A Question
[Re: BayouGuy]
#7852608
05/27/20 03:14 PM
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Joined: Jan 2009
Posts: 19,229
Judd
#1 Creedmoor Fan
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#1 Creedmoor Fan
Joined: Jan 2009
Posts: 19,229 |
They generally are brokers....moving volume is their game, both buying and selling.
So you expect them to sit on their cache until next year then sell? How would they continue to stay open, pay bills, afford additional investment?
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel
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Re: A Question
[Re: bill oxner]
#7852637
05/27/20 03:32 PM
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Joined: Sep 2007
Posts: 574
Pigsicles
Tracker
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Tracker
Joined: Sep 2007
Posts: 574 |
Good question. They are both down today. As of last week, Gold was the number 1 asset class for gains this year at 16% +/-. Look it up!
Pulsar Trail XQ50 Pulsar HD 19A
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Re: A Question
[Re: BayouGuy]
#7852725
05/27/20 05:06 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: A Question
[Re: Judd]
#7852746
05/27/20 05:22 PM
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Joined: May 2009
Posts: 24,344
dkershen
Rev Dave
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Rev Dave
Joined: May 2009
Posts: 24,344 |
They generally are brokers....moving volume is their game, both buying and selling.
So you expect them to sit on their cache until next year then sell? How would they continue to stay open, pay bills, afford additional investment? Yeppers. All about the churn. Has nothing to do with the actual investment futures. They either want you buying or selling, not sitting.
To be sure of hitting the target, shoot first and call whatever you hit the target.www.NewHopeEquine.com - Health and Healing through Horses.
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Re: A Question
[Re: BayouGuy]
#7852897
05/27/20 07:41 PM
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Joined: Sep 2015
Posts: 237
20bore
Woodsman
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Woodsman
Joined: Sep 2015
Posts: 237 |
I’m about to go try to dump a bunch.
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Re: A Question
[Re: BayouGuy]
#7852921
05/27/20 08:06 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Glad you asked. I'll stick with equities.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: A Question
[Re: BayouGuy]
#7853004
05/27/20 09:11 PM
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Joined: Jan 2007
Posts: 1,805
MO
Pro Tracker
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Pro Tracker
Joined: Jan 2007
Posts: 1,805 |
Let's say you have inventory of 100,000$ ( just to use a round number )
you could sit on it , and make 10 % by selling it next year. that is one turn with a $10,000 profit.
Or you could continually sell and replace the inventory, and make only 5% profit per transaction. If you sell thru 5 times, ( 5 turns ) , you have now made $ 25,000 ,
Business 101
MO
MY BACKYARD , 20,000 ACRES , NO MOWING
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Re: A Question
[Re: BayouGuy]
#7853028
05/27/20 09:34 PM
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Joined: Jun 2015
Posts: 11,530
rickym
THF Celebrity
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THF Celebrity
Joined: Jun 2015
Posts: 11,530 |
They sell now because there’s more to buy, Quite simple actually.
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Re: A Question
[Re: BayouGuy]
#7853122
05/27/20 11:22 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Wonder why Beve didn't chime in on this one?
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: A Question
[Re: bill oxner]
#7853123
05/27/20 11:24 PM
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Joined: Sep 2007
Posts: 574
Pigsicles
Tracker
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Tracker
Joined: Sep 2007
Posts: 574 |
Glad you asked. I'll stick with equities. Hopefully the DOW will get back to even for the year at some point.......only 4,000 pts to go.
Pulsar Trail XQ50 Pulsar HD 19A
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Re: A Question
[Re: bill oxner]
#7853212
05/28/20 01:22 AM
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Joined: Jul 2006
Posts: 110,795
dogcatcher
THF Celebrity
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THF Celebrity
Joined: Jul 2006
Posts: 110,795 |
Wonder why Beve didn't chime in on this one? He is busy counting his money.
Combat Infantryman, the ultimate hunter where the prey shoots back. _____________"Illegitimus non carborundum est"_______________
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