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Gold!!!!!!!!
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splash_$$$_dash View Drop Down
Carpet Cleaning Specialist
Carpet Cleaning Specialist
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Joined: 07/April/2004
Location: Toronto
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Points: 742 		Post Options Post Options   Thanks (0) Thanks(0)   Quote splash_$$$_dash Quote  Post ReplyReply Direct Link To This Post Posted: 13/November/2004 at 2:52pm
Best thing to buy in 2004 was money and or gold!
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Superglide Ken View Drop Down
Grand Potentate
Grand Potentate

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Joined: 17/March/2004
Location: Canada
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Points: 4868 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Superglide Ken Quote  Post ReplyReply Direct Link To This Post Posted: 13/November/2004 at 2:30pm
I don't dabble in it. I was a full time investor in it before I started in the carpet cleaning business 26 years ago. I never left it. Those that do not listen to the financial market info I give will lose. My timing has been wrong a few times, but I have never been wrong in the direction a commodity is going, and I am not wrong on this one either. I have called oil, gold, silver, and the Euro right for the last 3 years now. My timing on the stock market the last  year or so has been off, but it is still going down. It just is going to take a little longer than I first thought. I expect the big drop to start next year sometime in 2005 after gold passes $1000 per once. I am glad that this post will still be there for readers here to see just how right I am on this.
Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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doug View Drop Down
King of the One Liners
King of the One Liners

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Joined: 31/January/2004
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Points: 32711 		Post Options Post Options   Thanks (0) Thanks(0)   Quote doug Quote  Post ReplyReply Direct Link To This Post Posted: 13/November/2004 at 12:11pm
ADWA:  I believe there was a commerical regading investiments."When Wood Gundy speaks people listenGuitar"  When Kenny speaks people shake their heads and plug their ears.
Just My opinion
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Adwa View Drop Down
Queen of the Board
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Joined: 05/March/2004
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Points: 4568 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Adwa Quote  Post ReplyReply Direct Link To This Post Posted: 13/November/2004 at 11:51am
So Ken you dabble in the stock market now.  Do you think with your credibility anyone will take your advice?
The Following Statements do not Necessarily Reflect the Views of this Forum Network

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Redneck surfer View Drop Down
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Joined: 27/October/2004
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Points: 10 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Redneck surfer Quote  Post ReplyReply Direct Link To This Post Posted: 13/November/2004 at 8:49am

DAT
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Dennis Conner View Drop Down
SGK Basher
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Joined: 11/October/2004
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Points: 640 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Dennis Conner Quote  Post ReplyReply Direct Link To This Post Posted: 13/November/2004 at 2:08am

and oil is going to move to $90 in two weeks if I recall your post a while back!

 

 

 

WHATEVER!

 

 

 

 

 

OH...you are loosing glide market share too!

 

 

 

 

DC

 

 
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Superglide Ken View Drop Down
Grand Potentate
Grand Potentate

SGK

Joined: 17/March/2004
Location: Canada
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Points: 4868 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Superglide Ken Quote  Post ReplyReply Direct Link To This Post Posted: 13/November/2004 at 12:17am

Have you noticed?

Two years ago on the ICS board, I made a prediction that Gold had bottomed at the then current price of $260/oz, and was now ready to resume it's climb up to $1000+/oz. Gold set a new 16 year high of $438/oz today and is only a week or two away or less than passing $450/oz. Once that happens, it will be ready to run up to$850 per oz in only a couple of months. But it wont stop there. The US dollar is depreciating rapidly these days and is set to depreciated a whole lot more. As this happens people are putting more and more of their money into Gold. But it is a very limited resource, so demand will rapidly outstrip supply. I expect that you will see the price soar to well over $1000/oz by next Spring.

If you want in on this play, buy some gold options. The $500 ones will still be cheap to acquire for a week or so and will give you a $50000 profit on each one when the $1000 price is reached. Buying gold shares will also deliver great returns as they also appreciate faster in percentage terms than buying bullion outright.

 

 



Edited by Superglide Ken
Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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