I don't really have a good answer on that one, and have never personally tried buying distant month contracts.
I stick with (near-month) futures, ETF's or leveraged ETF's (like DGP), despite the drawbacks.
Your point is completely valid. Anticipating the dollar's demise is one thing, but actually cheering & rooting for it to happen is the dominion of short-sighted fools.
Nobody would truly benefit from that.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2622271>...
Awesome! Going forward, I expect to see a slow grinding uptrend in gold, eventually peaking in an orgasm-spike top.
Instead of just buying and holding, I'll be constantly adjusting my position size; Buying more on dips, and lightening up whenever we get near the top of the channel.
Sometimes I have to wonder why the fuck I still live here.
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<b>Mayor wants federal probe after SWAT raids house, kills dogs</b>
(CNN) -- A Maryland mayor is asking the federal government to investigate why SWAT team members burst into his home without knocking and...
Faber's statement is hardly outrageous.
<b>ALL</b> types of unbacked fiat 'money' are inherently more illusion than currency, and they <b>ALWAYS</b> end up getting devalued down to zero eventually.
<img src=http://z.hubpages.com/u/38177_f260.jpg>
P.S. Buy this dip in gold and thank me...
Actually, I too wouldn't be surprised if I was an IDF veteran, sergeant, honorably discharged, either.
Especially considering the few dozen times I've already mentioned that fact on these boards.
'Muslim scientists'! :D :D :D
In other breaking news, Obama also announced multi-million dollar funding plans for Jewish basketball players, German comedians and Japanese gangsta rappers.
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<b>Obama offers millions in Muslim technology...
Rolex, Prada, Gucci, Cristal, etc... almost as big a <b>red flag of dishonest, shady character</b> as when the guy calls you "buddy" or "my friend".
I've yet to meet a 'trendy' honest man.
Yet another blow against fiat paper 'money'. (See: http://www.kitco.com/ind/Nathan/oct022009.html )
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CME to allow gold as collateral for all exchange products
LONDON (MarketWatch) -- U.S.-based clearing house CME Group Inc. will allow physical gold to be used as collateral for...
Tons of great replies here, and I'll have to try some of your suggestions.
There's an entire list of 'other things' that have a tendency to overlap with sensory defensiveness (but not always).
*Aspergers/autism spectrum/PDD. I knew someone would bring that up, especially since the key word...
Thanks, and I totally understand. If this were a thread about some semi-obscure psychological disorder that had absolutely no effect on me or anyone else I knew, I certainly wouldn't give a damn either.
However.... just wait and see the responses. I'm positive that quite a few ET members...
Sensory defensiveness is a condition defined as having "a tendency to react negatively or with alarm to sensory input which is generally considered harmless or non-irritating" to neurotypical persons.
Common symptoms of sensory defensiveness include intolerance of high-pitched noises...
Well, I can tell you all about that from first hand experience... at least in regard to opiates. (Opiates were my sole habit. Never had a coke problem because I merely <i>like</i> coke, never <i>loved</i> it.)
So, what do you get? Depression relief, back before I was able to figure out a...
How stupid do you have to be to just assume that <b>everyone</b> strongly prefers to keep on living until they die of old age? Ever see (smell) the inside of a nursing home?
Burn bright, Burn out fast! If I ever have the misfortune to find myself in the office of a geriatric specialist, the...
Like this?
<img src=http://cache-foo.gawker.com/gawker/assets/video/stills/t/timemachin_io9.flv.jpg>
http://en.wikipedia.org/wiki/The_Time_Machine_(2002_film)
To introduce an entirely foreign concept to you, it's called an <b>obvious</b> self-depreciating humorous remark. People without a stick up their ass are known to do this occasionally.
Look it up if you don't believe me.