Elite Trader seems quieter than usual today

SteveNYC · Aug 18, 2011

Gold at $1825. What does this exactly mean? A new bubble?

Dow 11,000 is another buying opp. Get ready.

Tsing Tao · Aug 18, 2011

Quote from SteveNYC:

Gold at $1825. What does this exactly mean? A new bubble?

Dow 11,000 is another buying opp. Get ready.

Cool. Please post your positions since the Dow is now right at 11,000.

I'll follow the progress of your endeavors.

S2007S · Aug 18, 2011

SOLD ERY!

SHORT VXX!!!!!!!

denner · Aug 18, 2011

Quote from SteveNYC:

Gold at $1825. What does this exactly mean? A new bubble?

Dow 11,000 is another buying opp. Get ready.

I've followed a few of your posts in recent weeks. Can't help but notice you seem like another groupthink victim. The usual "Buffet is God", "gold is a bubble", "every dip is a buying opportunity" load of bullshit.

Chausey · Aug 18, 2011

What does VIX at 40 mean? What does gold at 1825 mean? Nothing! What the two are saying is they won't go down until a big event happens again. European Banks, BAC, $USD, ?? We shall see, until then both are canaries in the mine!

BSAM · Aug 18, 2011

Hmmm...I'm wondering if we are headed into a depression.

TGregg · Aug 18, 2011

Quote from SteveNYC:

Gold at $1825. What does this exactly mean? A new bubble?

To quote a friend, it means
"We don't trust your #@*^ing paper currency!"

joneog · Aug 18, 2011

Quote from denner:

I've followed a few of your posts in recent weeks. Can't help but notice you seem like another groupthink victim. The usual "Buffet is God", "gold is a bubble", "every dip is a buying opportunity" load of bullshit.

I've been hearing gold is a bubble since 500/oz

It's funny how the same people who couldn't spot a bubble to save their lives(tech, RE etc) are now the most vociferous about the commodity, emerging market, and treasury "bubbles".

TGregg · Aug 18, 2011

Quote from denner:

I've followed a few of your posts in recent weeks. Can't help but notice you seem like another groupthink victim. The usual "Buffet is God", "gold is a bubble", "every dip is a buying opportunity" load of bullshit.

Steak. It's what's for dinner.â¢

Vulcan Trader · Aug 18, 2011

GOLD IS NOWHERE NEAR A BUBBLE. PEOPLE WHO SAY THAT ARE NOT VERY GOOD TRADERS. THEY WOULD NOT KNOW A BUBBLE IF IT SMACKED THEM IN THE FACE. SO LET ME GET THIS STRAIGHT.......THE STOCK MARKET WAS NOT A BUBBLE IN 2007?? OR 1999? OR 2000? BUT GOLD IS IN A BUBBLE NOW?? PLLLLLLLLLLEASE!!!