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Gold!!!!!!!! |
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Superglide Ken
Grand Potentate
SGK Joined: 17/March/2004 Location: Canada Status: Offline Points: 4868 |
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Topic: Gold!!!!!!!!Posted: 13/November/2004 at 12:17am |
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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 |
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Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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Dennis Conner
SGK Basher
Joined: 11/October/2004 Status: Offline Points: 640 |
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Posted: 13/November/2004 at 2:08am |
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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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Redneck surfer
Newbie
Joined: 27/October/2004 Location: United States Status: Offline Points: 10 |
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Posted: 13/November/2004 at 8:49am |
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Adwa
Queen of the Board
Joined: 05/March/2004 Location: Canada Status: Offline Points: 4568 |
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Posted: 13/November/2004 at 11:51am |
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So Ken you dabble in the stock market now. Do you think with your credibility anyone will take your advice?
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The Following Statements do not Necessarily Reflect the Views of this Forum Network
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doug
King of the One Liners
Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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Posted: 13/November/2004 at 12:11pm |
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ADWA: I believe there was a commerical regading investiments."When Wood Gundy speaks people listen
" When Kenny speaks people shake their heads and plug their ears.
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Just My opinion
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Superglide Ken
Grand Potentate
SGK Joined: 17/March/2004 Location: Canada Status: Offline Points: 4868 |
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Posted: 13/November/2004 at 2:30pm |
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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.
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Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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splash_$$$_dash
Carpet Cleaning Specialist
Joined: 07/April/2004 Location: Toronto Status: Offline Points: 742 |
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Posted: 13/November/2004 at 2:52pm |
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Best thing to buy in 2004 was money and or gold!
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MR. STEAMER
True Patriot
Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14549 |
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Posted: 13/November/2004 at 3:33pm |
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Y'all crazy... the best place to put your money is under the bed...lol |
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www.mr-steamer.com
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doug
King of the One Liners
Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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Posted: 13/November/2004 at 5:04pm |
Why: Is your sock full??? |
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Just My opinion
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Dennis Conner
SGK Basher
Joined: 11/October/2004 Status: Offline Points: 640 |
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Posted: 13/November/2004 at 7:18pm |
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The trouble is that futures/options contracts have an limited time frame, so not only do you have to call the move, but you have to be right in the timing... Ken failed to tell you that! I can say a market is going to go up (or down for that matter) and sooner or later it will...could be years! If Ken was so good in the markets, he'd be running a hedge fund and not farting around with glides and feeding chickens. |
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splash_$$$_dash
Carpet Cleaning Specialist
Joined: 07/April/2004 Location: Toronto Status: Offline Points: 742 |
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Posted: 13/November/2004 at 7:32pm |
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Notice how Chuck knows more than Ken on every subject? Chuck I think it's time to admit you are in love with Ken. Time for a coming out party, we can even have it on your boat |
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doug
King of the One Liners
Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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Posted: 13/November/2004 at 7:42pm |
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Splash: Chuck is Ken's conscience.
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Just My opinion
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Dennis Conner
SGK Basher
Joined: 11/October/2004 Status: Offline Points: 640 |
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Posted: 13/November/2004 at 8:38pm |
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Ken knows more about chicken farming than I! I don't love Ken, but I do enjoy talking with him. No party!
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splash_$$$_dash
Carpet Cleaning Specialist
Joined: 07/April/2004 Location: Toronto Status: Offline Points: 742 |
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Posted: 13/November/2004 at 8:46pm |
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Chuck, have you registered yet for 2006 |
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