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  1. peilthetraveler

    Does gold need a breather?

    Consider the other side of the coin and holding dollars. Best case scenario, you only lose 3-4% per year to inflation like you have been for the last 40 years, or worst case...you lose EVERYTHING. At least gold will still be worth something even if it does go down hard. The dollar could...
  2. peilthetraveler

    Documentary: The dollar bubble

    <object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/eZA0qNsf4m0&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/eZA0qNsf4m0&hl=en_US&fs=1&"...
  3. peilthetraveler

    Long stock long more gold

    People said that when gold was trading at 600.
  4. peilthetraveler

    CHARTnese.. do you understand it?

    If im looking for short time frames I use 1 min and 5 min. I rarely look at 15 min unless I want to see which way the trend is going and I plan to hold the position for an hour or more.
  5. peilthetraveler

    Does gold need a breather?

    It occurs to me now that gold may not take a breather after all. This COULD be the collapse that we have been waiting for to happen. If Gold continues this trend at this rate we will see $2,000 gold by mid May. Thats as long as gold doesnt start to speed up faster than it is now.
  6. peilthetraveler

    Does gold need a breather?

    My gut desperately wants to short gold. I finally took the short side at 1173.05 but chickened out when it went downto 1171. It so hard to buy gold at its record high. I dont mind buying the pullbacks but something psychological gets inthe way when it makes new highs and i guess i just dont...
  7. peilthetraveler

    Does gold need a breather?

    I just got out at 1163 and am now long....why fight it.
  8. peilthetraveler

    Unemployment Map

    Well...they are the ones getting the multi million dollar bonuses.
  9. peilthetraveler

    Every time I hear people claim you do nothing but lose in trading......

    Ecclesiastes 10:19 A feast is made for laughter, and wine makes life merry, but money is the answer for everything. Cant argue with God. :cool:
  10. peilthetraveler

    Does gold need a breather?

    Watching it go up and up and up day after day....Even I think Gold needs a little bit of a pullback and I'm a gold bug! I wonder when the profit taking is going to take place or is everyone buying to hold until the collapse of the US dollar. Even though I want gold to $1200 then $1500 then...
  11. peilthetraveler

    Palin-Beck 2012? Sarah says maybe

    I really hope that the nation gets "Palin" fever next election just so you obama voters can feel what we felt when Obama got elected into office. I hope that people start voting for Palin just because she is a woman. I hope they vote for her just because they think she is pretty. I hope...
  12. peilthetraveler

    I voted for Obama.

    This is what is going to happen....the people making the big bucks are just not going to buy health insurance. Why? Well if its going to cost them $1,500 per month and the fine is only $750 to $2000....why would they pay $1500 per month? After all...this new health care is going to make it...
  13. peilthetraveler

    Every time I hear people claim you do nothing but lose in trading......

    The top 100 traders make a minimum of 40 million per year. But those are people managing other peoples money. The top 2 or 3 guys make over a billion. Private traders trading their own accounts...well although there are a few that make 75-100 million per year, most of the top dogs have...
  14. peilthetraveler

    SNL skit on U.S. debt to China

    That was great :)
  15. peilthetraveler

    The Emini Mastro taking a $1,500 side account to $1M in 14 months

    At this rate, you will hit a million in just about 6 months! You can already see some of these other traders going ape sh*t wanting to know your system. haha.
  16. peilthetraveler

    What kind of percentage return do you get per day?

    So starting with a $1,000 account after 26 weeks, you have 67.1 billion making you the richest man in the world.
  17. peilthetraveler

    Unemployment Map

    Oh look at that...another obvious obama supporter crying racist. If you say anything about a person that isnt white that happens to be true and its negative, you are labeled a racist by ignorant people like you. What i said was not racist you asshole. Now if i said "the reason that...
  18. peilthetraveler

    Unemployment Map

    Whats most interesting was there was only 1 county in all the united states that kept unemployment at 1.9% or less. That was Slope County, North Dakota. Its a small county but doing more research, i found that out of the population of 767 people that live there, 765 of them are white...
  19. peilthetraveler

    SocGen & Doomsday predictions

    Well...if you have hyperinflation (dollar getting weaker) that should mean that the stock market will keep going up. Of course, if the dollar becomes like zimababwe dollars, alot of companies that are traded on the stock exchange will go out of business if they are not bringing in the money...
  20. peilthetraveler

    Treasure hunting at the bank.

    Assuming you can examine 1 penny every 3 seconds and assuming 25% of the pennies are pre-1982s, your average hourly profit is $7.35 per hour, or about min wage. Not very good, but pretty good if you are from a 3rd world country i suppose. Buts its not really about the money. Its about...
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