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Just sold two ounces of gold, any future hot stocks worth buying?

fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
Just took some profits. Wanted to play with Scottrade.

Comments

  • Did you buy silver with the money?
    Some call it an accumulation not a collection
  • storm888storm888 Posts: 11,701 ✭✭✭


    Might be dead money.

    Might double+, if bought out.

    Might go down.

    Lots of thrills and drama.

    Good entry points might be below $3.40 and above $5.20.

    Sensitive to downward pressure from the broad market.

    Less sensitive to upward pressure from the broad market.

    It can be a cursed death-trap OR a broad smile-maker.

    Start with tiny bites.



    speculative fun



    ......................

    I am not currently LONG or SHORT of the stock.

    I trade it some, and have a fairly long history with the stock.

    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • derrybderryb Posts: 36,795 ✭✭✭✭✭
    VXX is a great play if you think the Dow is headed down (I do).

    Small Mining stocks I like:
    FRG
    MGN
    MVG
    NGD

    Here's a long shot that has potential to be a great success story:
    MGH

    ETF EUO if you want to short the euro.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    For that small amount ... buy a $2,000 series I Savings Bond. Pays about 3% + p/a...The rest I'd use as slot money. Or take a chance, if you're a gambler, buy 2,000 shares of Sirius..(SIRI) for about $1.05 per share, could double within the next 2 years or go belly up.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Eleven straight $200 bets on 23 red or 1000 or so shares of ZIXI..................may the force be with you. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • dbcoindbcoin Posts: 2,200 ✭✭
    My reply to a similar question a few days ago was to buy the parent company stock CLCT. The stock was $13.25 then, now $14.60. Pays a 8.5% dividend, low PE of about 16, and is growing

    Also with gold/silver way up, you might want the ETFs GDX (large miners), and GDXJ (junior miners)

    Just sayin
  • CoulportCoulport Posts: 1,087 ✭✭✭
    Family Dollar
    Wallmart
    McDonalds

    Cause that's where the former middle class will be shopping and eating.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭


    << <i>My reply to a similar question a few days ago was to buy the parent company stock CLCT. The stock was $13.25 then, now $14.60. Pays a 8.5% dividend, low PE of about 16, and is growing

    Also with gold/silver way up, you might want the ETFs GDX (large miners), and GDXJ (junior miners)

    Just sayin >>



    I did the same a couple weeks ago to some folks. All have been happy.
  • SSL.V

    Sandstorm Resources

    Similar royalty model to Silver Wheaton. Sandstorm CEO is ex-CFO of SLW.

    Caveat emptor-- high risk, high reward.
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    Buy something that's been beaten up in price a lot. Maybe some Euros. I think the current strength in the dollar is an illusion.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • jmski52jmski52 Posts: 22,826 ✭✭✭✭✭
    I'd buy a couple ounces of gold.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • KUCHKUCH Posts: 1,186


    << <i>Eleven straight $200 bets on 23 red or 1000 or so shares of ZIXI..................may the force be with you. MJ >>



    I bet 22 BLACK on roulette.image
  • KUCHKUCH Posts: 1,186
    Fivecents, I did just the opposite. Sold some stocks and buying more gold..... best of luck
  • meluaufeetmeluaufeet Posts: 764 ✭✭✭
    GDXJ Worth a look at some point... maybe a small chunk now, for a couple of weeks, then out, and back again late summer.

    Maybe we live in different times... but one should remind themselves what occured during Q2-Q3 '08... this sector wasn't exactly a 'safe haven', to say the least.

    In fact, there is a valid point of view that UUP might be a better holding for the time being... although I'd keep an eye on the RSI... as some traders feel it is overbought, and a move to the euro for a relief rally would be in order.

    500k temp census are supposedly on the way... they will be buying something... shoes, fast food, coffee...

    NAH... maybe keep the profits in cash for now...
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>For that small amount ... buy a $2,000 series I Savings Bond. Pays about 3% + p/a...The rest I'd use as slot money. Or take a chance, if you're a gambler, buy 2,000 shares of Sirius..(SIRI) for about $1.05 per share, could double within the next 2 years or go belly up. >>




    I can't imagine being without satelite radio now. Jeeesh, drive without channel 5 for the 50's ? Never!
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Thanks for all the stock tips. Bought some CLCT and some AMEL.
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