Recent content by platinumtrade

I would advise buying physical gold and silver and not watching charts from month to month as in the long run they are worthless.The true U.S. debt including Social Security, Medicare, Medicaid, etc now stands at over $63 TRILLION! No one has the courage to address this massive problem in a...

Is now the time to take a shot at a long position on Valeant Pharma VRX ? Looks rally oversold!

I am not in the market at this time. I would like to see at the minimum a 20% correction in general. I do have an interest in the gold & silver market at this time. I think silver in particular may be a good bet.

I would like opinions on the performance of the U.S. stock market as we get into the earnings season. I'm concerned about the banking sector for sure. Does anyone see a large correction on the horizon? Lot's of uncertainty with regards to Presidential election also.

Anyone bullish on Joy Global (JOY) at this time?

Does anyone have an opinion as to weather Silver Wheaton (SLW) is a buy. Gold is 80 times more valuable than gold and should be more in the range of 20 to 1. Many traders think silver is due to break out. Silver Wheaton holds huge silver reserves at a fixed rate of under $5/ounce I am told. They...

Oh believe me, we don't waste time or money digging just for the sake of digging. Before we touch the ground we have done years of historical research and sampling. Before any ground is disturbed we have gone through years of permitting and environmental impact studies including water quality...

Nope. We dig big holes with excavators.

All silly in my opinion. Selling gold is betting the future is rosy for central banks. LOL. There are better things to trade. Hold physical gold and don't watch the fluctuations. Instead, take a long term view. Let us see where gold is priced ten years from now.

I think gold ETF's are less safe in the event of a global disaster or some type of event. They are highly levered with only a very small amount of gold backing them. Physical gold is scarce regardless of what some may say. Many world banks are loading up on physical because they know that there...

Here are my thoughts on gold. I am the president of a small mining / exploration company in the Sierra Nevada Mts. The easy gold to get is mostly gone. Mining requires expensive permitting and exploration at large risk to capitol. There are many environmental hurdles to get through that can take...

With the recent run up in the market and today being quad witching does anyone think it might be time to buy the VIX ?:?:

I don't know what the numbers mean but please don't trade based on this guy. He is a complete whack job. He had a failed hedge fund and his wife had to bail him out. He talks jiberish and flip-flops all over the place. Why is he on tv? CNBC's twisted idea of entertainment.

Sound advice indeed. I love it when a stock has been through a huge correction and then an analyst comes on tv with a downgrade and price target near where the stock has corrected and a sell rating. Where were they earlier in the cycle? This often signals the time to buy the stock. Completely...

Massive debt combined with investigations are never a good thing. Many red flags here. If you have money to gamble with and don't care if you lose it, this might be for you.