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  1. peilthetraveler

    Would you buy an ounce of gold for $50? They wouldnt!

    Well that trade didnt last long. :D
  2. peilthetraveler

    Third World Country Brazil's 2 largest cities hit by blackouts

    Where is South America now to tell us how great Brazil is?
  3. peilthetraveler

    NEED HELP - New Trader!

    First off...I would say start smaller. £5k is just over $8k I would start off with maybe £500 to 1,000. You can trade the $10,000 lots with that and get into 1 or 2 trades at a time. I would not start off big. If you lose the the first 1k, you have 4k more to keep trying. If you cant...
  4. peilthetraveler

    Would you buy an ounce of gold for $50? They wouldnt!

    Actually gold will be the only thing of value if every single country fails. And you cant really say "this has never happened" as if you are counting back 1000s of years of history of us being in the same type of economy the world is in now. Economics changed when the US went off the gold...
  5. peilthetraveler

    Would you buy an ounce of gold for $50? They wouldnt!

    If someone offered me a fake Rolex watch for $5....or even for the price of a cup of coffee, i would take it. Even if its fake, you can resell it for 20-30 bucks to someone else. I know what gold looks like, so yeah...i would've bought it for $50 bucks.
  6. peilthetraveler

    Would you buy an ounce of gold for $50? They wouldnt!

    See...its that kind of dollar based thinking that you cant get past. When the world goes to shit and people want a meal, they are going to have to pay for it in gold and silver and how are they going to get it? Who is going to trade gold & silver for worthless peices of paper called dollars...
  7. peilthetraveler

    Would you buy an ounce of gold for $50? They wouldnt!

    He tried to sell a 1 oz canadian maple leaf with $1,100 for $50...then lowers the price to $20...then $5...then for just a cup of starbucks! All these people have no idea what gold is worth...can you imagine what will happen the price of gold when these people get a clue...
  8. peilthetraveler

    Gold Buffalos vs. Gold American Eagles

    Assuming $1,100 spot price for gold, when you buy an AE gold coin you are getting $1,008.37 worth of gold for $1,145 dollars. With the Buffalos you are getting $1,100 worth of gold for $1,152 So basically you are getting an extra $100 worth of gold in the buffalos, or almost 1/10 oz of...
  9. peilthetraveler

    Aren't we sitting on a gold mine?

    I gotta say...who would trade 288 billion worth of gold for someone elses worthless paper? You hold that gold so that you have at least something of value always.
  10. peilthetraveler

    Aren't we sitting on a gold mine?

    Wow...288 billion worth of gold! Well...that would pay for all our recent spending for like...a month!
  11. peilthetraveler

    The kinder, gentler side of Islam

    Also a question for you people that think this is intolerable. How many of you would kill the man that slept with YOUR wife (or your wife) if it was legal in the US? I mean that is the definition of Adultery, to sleep with someone elses spouse. Im sure if it was legal here to kill the man...
  12. peilthetraveler

    The kinder, gentler side of Islam

    on the lighter side...HIV rates are down 90% in somalia....I wonder if their is any connection?
  13. peilthetraveler

    What are you pro gov't healthcare people going to do when...

    The kid will die before the procedure even gets done. There will be so much paperwork bogging the medical community down that it will take a year for the paperwork to process for that procedure to be approved.
  14. peilthetraveler

    Windows or Mac what's best for trading?

    I recently bought a new computer PC and after I bought it, I had a bunch of people tell me I should've got a Mac because it was "better" When i asked them why, I couldnt really get an answer, but i found out from others "why" they liked mac. One guy liked it just because it was the "cool"...
  15. peilthetraveler

    Wall Street vs. Main Street: Who is the true Laggard?

    I messed up...I meant to click wall st
  16. peilthetraveler

    Why Forex is so difficult?

    I think it depends what you trade. For instance...i have found that silver is near impossible to trade on FX. The spread is just way too far and movement is not enough during the day. Even if you plan to hold for a week or so, you get killed with the rollover rates which equates to about 1.4...
  17. peilthetraveler

    salary/draw/comission

    If you are going to trade FX...why not just trade your own account and keep 100% of the profits? Surely after 15 years trading you must be confident & profitable enough to trade your own account.
  18. peilthetraveler

    How you guys do with NFP?

    +161 for me! :) Yesterday I only got +82, so today was really nice for me. :) Im seriously thinking about taking the rest of the day off. LOL
  19. peilthetraveler

    How you guys do with NFP?

    That first spike put me in the negative a little bit, but I traded my way to profitability. Made twice what i made yesterday so its a good day today. Left alot of money on the table with gold as i sold at 1096.45 and bought back at 1093 then watched it drop to 1086ish :( But got back in at...
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