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1. Re: Popular theory is "Dont go into debt......."

   

   Comment by MoneyLA · November 28, 2009 2:26PM · Home› Precious Metals

   in my example of buying at 1000 and selling at 1050 there is no speculation because there is already a buyer at 1050. you are simply borrowing the money to buy the gold at 1000 so you can sell it (turn it) at 1050. I guess I wasnt clear in my example. this is simply financing a "made trade."

2. Re: Popular theory is "Dont go into debt......."

   

   Comment by Justacommeman · November 28, 2009 3:13PM · Home› Precious Metals

   << <i>in my example of buying at 1000 and selling at 1050 there is no speculation because there is already a buyer at 1050. you are simply borrowing the money to buy the gold at 1000 so you can sell it (turn it) at 1050. I guess I wasnt clear in my example. this is simply financing a "made trade." >> Apples and oranges to…

3. Re: Popular theory is &quot;Dont go into debt.......&quot;

   

   Comment by MoneyLA · November 30, 2009 1:31AM · Home› Precious Metals

   A "made trade" does not mean a trade that I actually made. A "made trade" means a contracted trade, and in this case it was a fictitious example. WHAT THE HECK ARE YOU MAKING A BIG DEAL OVER THIS FOR????? All I wanted to show was that if you have a deal to buy something and then immediately sell it, it's okay to borrow…