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OK, so basically you can't give me an example. Your argument is simply that "this time it's different" because America is different. Well, I agree that the U.S. is a new wrinkle in history, but NOT FROM A FISCAL POINT OF VIEW. Again, you're confusing SOCIAL SYSTEMS WITH ECONOMIC SYSTEMS. The...

Wow. Comparing the gold standard to women's suffrage and slavery??? Congrats, you just made the biggest jump in logic of all. Comparing a fiscal system with aspects of a social system is apples and oranges. You still haven't disputed any of the facts laid out here. The fact still remains...

Optional, you're making way too broad jumps in logic here, especially in terms of how history repeats itself. First, all the amenities you mentioned are not going away, because they are simply implements of humanity and nothing more. There's really no practical difference between, say...

Well, I for one wouldn't consider myself a gold bug, I don't own any gold, I don't own any gold stocks. I do consider myself a pragmatist and a student of history. And history has shown that no currency but gold (and to a lesser extent other precious metals) has ever survived. That's not...

I beg to differ. Alan Greenspan himself admitted in a recent speech that historically there was no inflation UNTIL we went off the gold standard. Why? Quite simply, the true definition of inflation IS an increase in the money supply. Everything else is a consequence of that, including...

I don't believe so. With not only the global uncertainty to deal with, but the currency wars taking place, gold will continue to rise. Don't forget that gold is the only currency in the history of the world that has survived and retained value. If the dollar's weakness continues, and China...

That ties into one of my best trades during this period. I used to scan in the morning for stocks that had made big moves to find out what news was moving the stocks. I found one called NERX that had already moved several dollars on news that they had cured 3 kinds of cancer in mice. Costello...

As long as your account is set up to trade options, you should have access to it.

Why not just buy the XAU calls on the PHLX?

Holding on to 13 losing trades going all the way back to last year, including one that is down over 84%??? NOT exactly what I would call huge, big guy. That sounds to me like mrmarket was a trader when he got into those trades, then became an "investor" when they went sour.

I see a head and shoulders only when you go out to about a 5 year timeframe for the monthly SPX chart. That means that it could take quite some time before the SPX actually breaks down. I'd also be careful when a lot of people see/think the same thing, as the market has a funny way of doing...

OK gang, this thread is getting moved to the chit chat forum. Please consider in the future what the topic of the thread may be and choose your forum accordingly, as this thread is for pure recreation and has absolutely nothing to do with trading information or discourse and doesn't belong in...

As moderator of the trading forum, I have to say that a large part of my time is spent having to clean up all the mud slinging, off topic rants and other garbage that many people have become so adept at, and it's hard to keep up. I think I'll scream if I see any more posts talking about who...

Super Ego, May I suggest starting a new thread beginning tomorrow for your further tutorials, as this one has become quite long already and filled with a lot of non-essential filler from other members. Not a requirement, but a suggestion for the sake of those readers who don't want to have...

Hey Super Ego, Perhaps you've misunderstood--I was attempting to delete the personal attacks against YOU, not vice versa. I was actually attempting to clean up your thread so that it contained only the positive discourse and information you and other members were attempting to provide, and...

First, my apologies to Super Ego and anyone else whose posts that should have stayed were accidentally deleted. Here's the deal--I was contacted by several Elite members asking me to clean up this thread, i.e. remove all the sniping, insulting posts, and off topic discussion. Unfortunately...

"There is no bull side or bear side for a trader. There is only the right side." Successful traders can make money in any kind of market, whether bull, bear or sideways. Even in the current sideways market, there are mini trends that can be played on both the up and downside. There are...

Actually, Elitetrader was alive and thriving long before Hitman came here last year (I've been around since August of 1999), and long before there were commercial sponsors. It will still be here as long as there are traders who wish to ask questions, exchange information and share experiences...

To assume that one single member's contribution makes up so large a portion of this site's interest value is selling the site short (no pun intended). If there are certain members who only came here to read Hitman's posts, obviously they will not have a need to come back. However, I suspect...

Sorry to hear that. We'll be sorry to see you go. As I stated before, Hitman was welcome to post his trading journals and experiences, as long as it did not contain sales pitches for his firm. He chose not to abide by those parameters set here, and his blatent disregard showed bad faith...