That guy just started asking how to invest questions in the trading thread, I have a funny feeling he doesn't have an intelligent opinion on Einhorn and Klarman's gold holdings.

Just saying.

i have no idea what dcfirs could be...maybe a furrier who lives in washington?

but i did mean the name itself. i think many still don't 'get it' but that's not a function of them not trying and failing. instead i think it's "bunch of letters" syndrome and nobody really tries. i am guilty of this too of course.

uh, who the hell said anybody was in competition w/ successful hf/PE firm managers/directors in generating above mkt returns?

i can probably generate a better passive portfolio but from a value generation standpoint, who cares?

agreed. the time and dedication he puts into his blog, and by proxy, the trades he posts here is not matched.

internet understanding fail. what's this in reference to?


uh...yea...gold at 660 is pretty unlikely given the distribution of the paths of the dollar.

i think the market has shown in no uncertain terms that there needs to be a very attractive and very liquid alternative to US treasuries before rates really rise.

rate rises and rollover fails won't happen until that point. where are surplus countries going to park their reserves? renminbi? real? gold? franc?

none of those are a realistic option for numerous (and various) reasons.

I actually thought you might be making a reasonable argument regarding the amount of additional fiscal and monetary stimulus to GDP growth. Instead youre just throwing random figures against the wall to see what will stick - ie debt is not the same word as deficit so we have not seen a 40% increase in the federal debt in 3 years.

Also yes I have only studied years of CBO and OMB budget / tax projections cover to cover so I haven't done nearly as much research as you have.

lol.

Fallacy: Appeal to the auth... wait, what proof has ever been posted that these guys are the best traders? Would be interested in seeing proof of any of them making more than some who invested heavy in gold/silver. even if they were though, it wouldn't be surprising that a trader is bearish on gold when a lot of golds fundamentals are macroeconomic based and not evaluating a company's financial statement.

how many of these top 2+2 traders (lol) were expecting gold to rise as much as it has. my guess is the majority have just sat on the sidelines since $600'ish while screaming bubble as the price has basically tripled.

I am admittedly curious now.

The new kid said just listen to these "people" and gave a hit and miss list. I wouldn't be offended, I think you are on the hit side, that is all.


Word.


That was his (the new guy) opinion on gold for 8/15/2011.


Certainly and most of these options don't seem realistic but the flight into these safety assets (holy sh** gold) or currencies (holy sh** CHF) remains a reliable pattern of private wealth as well as sovereign reserves.

I thought you were going to stop constantly trying your best to attack me because I nail you to the wall every time. Put your hand on the stove...


Well big boy it looks as if you need to reassess the years of study you put into the OMB and CBO data, because you don't even have a grasp of the simplest of figures.

US general gross debt in 2008 was barely over $10 trillion, so take this or total federal debt, any preferred measure, we have gained over 40% in new debt since then. The fact that you just bragged about reading the CBO and OMB budget reports (which is merely a starting point btw) and posted what you did is sad.

What you have done, young man is again called BS on my posts and been wrong again. At some point, say the 100th time you call BS and I am right do I get a prize or do you get banned for creepiness and constant trolling.

Yowserrrs gave a dude a blowJ yesterday, 20 people I know saw it. They are all willing testify in court.

You see the above may be ridiculous but at some point, aside from the entertainment value of this site, the information ITT provided by myself has been of high quality. You have no intention but to f*** with me. You know I am right or you really are as dumb as a ******ed monkey (i don't really know at this point.)

no i thought you were speaking post crises since you explicitly said 'with the intention of spurring growth'

also youre trying to include what the govt owes itself. thats an absurd way to look at it.

also lol about knowing you are right. you watch silver all day long and I'd bet money that in a trading contest based only on trading silver, that I'd make more money. let's prop bet this.

facepalm.jpg

Why would anyone that can pull serious money out of the markets worry about some prop bet? It would be nothing but a hinderance and a waste of time. Besides the fact that even great traders, legends for that matter, have bad years.

similar to why would someone turn down a free $2k to post a trading confirm until you did it. theres really only 1 answer to that and it isn't "my familys safety"

lololololololol. hows your fictional gold position doing? well it seems!

Indeed.

Soros > Klarman >>>> Einhorn tho.

I'll give you a free $1k if you can provide verifiable proof of how much money you've made trading in the markets as well as the % return you've averaged over the past 5 years if it's higher than gold. Would be willing to escrow as well.

Boom.

Response from Yowserrrrs plz.

lol i offer $2k for a single trade confirm but in return I get offered $1k to assemble 5 years of statements for 6 diff accounts with numerous deposits and withdrawls.

for $2k, I'll show you a July 06 statement and a July 11 statement for the same account where the 6 figure balance has more than tripled.

does that work?

No it doesn't work. Not enough of a sample size.

Lets look at facts...you won't do this and you wont even state your average ROI every year.

All this shows that you're just noise.

do you know what a fact is? bc i very much intend to make money off you clowns. i welcome you to join the bet with 'boobies4me' and then ill welcome your input on terms. other than that, not sure why anyone would listen to the peanut gallery.

the reason i suggested what i did is that i like very cut and dry bets meaning no ambiguity, meaning i spend 2 minutes uploading some statements and then i get your money. if i agree to an ambiguous bet, then it plays out for a month and then i maybe dont see the money.

But you were just offered a fair bet.

You have made claims like 'silver is going to $20'. You come on here like some sort of big shot. The fact is you just sound like an immature person who throws around insults while believing that you're a great trader, then when called out you want to switch it into showing results for one or two months (lol says it all).

You never state your roi and now when called out (which would be free money for you and proof that you earn above average returns) you bitch out.

Put up or shut up.

Yes I said eventually going to $20.

Not 1-2 months but 1 month in July 06 and then the same account 5 years later. You think I'm going to going to spend an entire day uploading 5 years of statements across 6 accounts for $1000? Do you even think before you post something?

I know you wouldn't understand this but over a multiple year period with tens of thousands of different investments and desposits / withdrawls - it becomes exceedingly difficult to "calculate my roi" - I know my raw P&L number though.

Should we bet on that?

Meanwhile in other news, Venzuela nationalized their gold industry.

You are a trader and you don't know your roi? Seriously? Just state it here, roughly how much money have you made profit on roughly how much invested? Oh let me guess...you don't know.

By the way, any goon can post an account with money in and then post it later with more money in....fool.

lol i'll take an IQ test, SAT test, any standard aptitude test heads up vs you. do we have a bet?

Yup, as usual, avoid the original subject.

You were offered a bet. You said no. You were asked what your profit is, you said no. You are immature and CLEARLY do not have the mindset to be a great trader.

You are full of ****. Keep posting your insults and how you're a billionaire. I am happy making over 100% roi in 1.5 years, a profit in 6 figures sterling. Have a nice life kid. End of discussion.

why would you care what your returns are in rapidly inflating, doomed fiat currencies? it sounds like you're not even making a profit measured in something useful, like silver. you're bragging about breaking even; why?