Ruger Stock "RGR" may be predicting a.....
NumbersUsacom
Posts: 1,457 ✭
Romney Win. RGR's action maybe a real good predictive barometor of presidential elections. The recent reversal from 60 to 45 may be an indication that BayRock's days are numbered and weighed in the balance and found wanting. RGR'S stock was fueled by his election and the "in the knows" may be fleeing the stock while the time is ripe.
Thus prepare for a slightly more conservative take on the financial situation of America, which in the long run will be beneficial to PM's
Thus prepare for a slightly more conservative take on the financial situation of America, which in the long run will be beneficial to PM's
NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
0
Comments
to add: I'd actually say the drop this week is a lot of profit taking.
Why?
Knowledge is the enemy of fear
Knowledge is the enemy of fear
I read on here that fiscal irresponsibility is positive for PM prices. Fiscal responsibility is also good for PM prices.
Inflation is good for PM prices, and deflation is good for PM prices. Decreased gold production is good for PM prices, and increased gold production is good for PM prices. Increased gold demand is good for PM prices, and decreased gold demand is good for PM prices. Increased regulation is good for PM prices, and decreased regulation is good for PM prices. Increased market manipulation is good for PM prices, and decreased market manipulation is good for PM prices. Higher gun sales are good for PM prices, and lower gun sales are good for PM prices. Lower unemployment is good for PM prices, and higher unemployment is good for PM prices. Social unrest is good for PM prices, and social contentment is good for PM prices. Political conflict is good for PM prices, and more world peace is alsogood for PM prices.
Get it now?
Liberty: Parent of Science & Industry
And I agree with jdimmick that rising equity prices will hurt PM prices. And that is exactly what we've seen since August.
Knowledge is the enemy of fear
<< <i>I think the Mormon death wish of the Repubs will keep Obama in fine fettle for the rest of his disassembly of this place. >>
Please elaborate...
<< <i>I think I get it now. How about an asteroid the size of Mt Everest hitting Earth? >>
Hummm . . . Before I answer . . . Can it be mined for PMs ? ! ? !
HH
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
I can tell you this, we are building extensive tooling fixtures for both Ruger and Leopold ( gun scopes and optics ). Ruger cannot keep up with orders and has recent;y purchased a new manufacturing line of CNC machinery. My shop is helping them tool up for some major production increases.
I don't know how this applies to stock or finances, but their commitment to customers orders and new products seem pretty solid. There new SR-1911 has a want list a mile long ( I will purchase at least 2 of these ) and their new AR-15 platform gun has had brisk sales ( I just bought one :-).........
<< <i>There new SR-1911 has a want list a mile long ( I will purchase at least 2 of these ) >>
Just got mine, they didn't even get a chance to put it in the display case.
<< <i>I am in the camp that a romney win, would excite the financial markets, and cause money to flow into the stock market, real estate, and so forth, and leave PM's in a he11 of a hurry. >>
BINGO