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  1. peilthetraveler

    Happy Holidays..... Thanksgiving

    Happy "we stole your land and killed your people day" Oh i mean Happy thanksgiving...same thing, right?
  2. peilthetraveler

    Nearly 40% of people that got loan mods are defaulting.

    http://www.cnbc.com/id/34134585 Citi just revealed this yesterday. As many as 8% are defaulting after the first 3 months of loan mod. 38% after 12 months.
  3. peilthetraveler

    Gold Trading the $1200 Mark

    I think 1200 is going to be tough to break though. It should be good for some great trades between 1180 and 1200 though for a while. Im really hoping to trade that range for a good couple of weeks before we start our ride to 1500.
  4. peilthetraveler

    Motivational Stories for Traders

    Cant say i agree with that. At least not in trading where the top dogs make over a billion dollars in 1 year. Heck...I would be happy making 52 times less than the best trader. Thats 20 million per year!
  5. peilthetraveler

    Motivational Stories for Traders

    <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/_Z5OookwOoY&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/_Z5OookwOoY&hl=en_US&fs=1&"...
  6. peilthetraveler

    1/4% Tax on all stock trades pushed in NY Times today

    FX is covered under NFA i believe. Anyway...even if they try to tax FX, we will just open our accounts in one of the many other countries that will not have that tax.
  7. peilthetraveler

    Global warming proven a Scam today.

    Kind of like swine flu. Even though less people have died from it since its EXISTANCE vs. regular flu which kills more people in 1 month that swine flu ever has.
  8. peilthetraveler

    If you thought Palin was dumb,look at her supporters(video)

    If you think they are bad, you should've seen the dolts last year voting for some guy running for president, just because he was black! Whats really idiotic though is letting a VICE presidential candidate that LOST an ENTIRE YEAR ago STILL get you all jacked up with anger when the biggest...
  9. peilthetraveler

    Democrats now officially pushing transaction tax according to Erin Burnet

    Actually there will be a way around this tax. Obviously this will be a pay before you play tax and not something you will have to pay at the end of the year. When NFA said they were changing margin requirements at the end of this month for forex, my broker offered all clients the opportunity...
  10. peilthetraveler

    Global warming proven a Scam today.

    Sorry this probably should have been in the politics section...although now that we know global warming is a scam, why go green? No need to have all these expensive restrictions and taxes on cars anymore because its "good for the environment" We can start building inexpensive cars and get our...
  11. peilthetraveler

    Global warming proven a Scam today.

    http://www.guardian.co.uk/environment/2009/nov/20/climate-sceptics-hackers-leaked-emails http://www.examiner.com/x-28973-Essex-County-Conservative-Examiner~y2009m11d19-Hadley-CRU-hacked-with-release-of-hundreds-of-docs-and-emails
  12. peilthetraveler

    Gold quotes are not matching.

    Good..it came down and i got a decent price. I hope i didnt exit too early at 1167. But as we all know...you dont want to short gold for too long just like you dont want to stand on hot coals for very long.
  13. peilthetraveler

    The end is near.

    For those of you that didnt do the math...this means that an average trader who now trades about 400k shares per month of a 50 dollar stock will have to pay $50,000 per month in taxes. You can bet this will stop all day traders.
  14. peilthetraveler

    Gold quotes are not matching.

    I still feel cheated somehow....
  15. peilthetraveler

    Gold quotes are not matching.

    Look at that BS...Gold just opened up again and put me in the red at 1169.80 Unbelievable. I wanted to cover at the 1165 price.
  16. peilthetraveler

    Gold quotes are not matching.

    Im getting different quotes from different sources right now even though the market is closed for gold. Some are as low as 1165.50 and others as high as 1168.30 I am short gold right now at 1169.13 but that 3 dollar difference is a huge amount I could be up. and of course my platform is the...
  17. peilthetraveler

    Will the USA sell some of its gold to meet its deficit and debts?

    Inflation is a better idea for the government. That way they can at least reset the dollar by pegging it gold after the collapse. In the meantime the government will pay its chinese debts with cash for clunkers programs since the chinese would rather have the metal from those cars than the...
  18. peilthetraveler

    Does gold need a breather?

    If you bought the 1969 Ford mustang and never drove it and just let it sit in the garage for 40 years, I bet you could sell it for at least what a new ford mustang would sell for today.
  19. peilthetraveler

    Does gold need a breather?

    Ok...lets use 20 years ago and see where we are at because in 1990 there was no gold bubble and there was no stock market bubble. From 40 years ago to 20 years ago. Dow was at 2600 then. So Dow went from 900 to 2600 which is about a 190% return over those 20 years. Gold from $35 to 400...
  20. peilthetraveler

    Does gold need a breather?

    40 years ago a new Ford Mustang cost about $2,200 dollars or priced in gold...about 62 oz at the time. A Ford Mustang today costs about $40k brand new today. So if i put $2,200 in a bank account 40 years ago and let it sit, I would have $7,176 in my bank account that would barely put a down...
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