Recent content by danislaw

Stopped out today. Still in the green overall, but I guess I should have fully bailed out in the summer at $1400. I'll be back. Gold is not done, not by a long shot.

Until it breaks the late June low of 1180, it is simply consolidating. It could keep chopping around 1250-1375 for a while.

Nice bounce off the .618 tonight. Typical bottoming behavior. Still not giving in. I'll hold until 1200 before I get washed out.

A correction/smack down was definitely due after a huge run-up like that. No surprise really. I'm still holding on to the rest of my position. See you at 1500 or 1000.

I'd say loading up on American equities, REITs and junk bonds right now is far more dangerous/akin to "gambling" than allocating a small portion of your risk capital to a sector that has been hammered 70%+.

Glad I ignored goodguy's advice and bought some miners during the June washout. I'm up very nicely and have taken some profits. We could see gold breakout to $1550 or higher this fall after some consolidation.

I admit that we're still in a strong downtrend despite Friday's high volume rally. Gold needs to hold at 1200 or traders are going to take it to 1000 and below. Futures traders most likely will set up fake outs on the way down. The fundamentals for gold still look bullish long term, Fed noise...

I'm starting to average in small amounts into the miners. But there hasn't been enough blood in the streets yet IMO. I expect the HUI to re-test the 2008 lows, and if it does I will be investing more. So much hate out there for this sector. You don't have to be a gold bug to see that a great...

Sigh. Canada is not Cyprus. The media knows that fear sells, and that the muppets in the general public will buy into it. Pretty laughable and ridiculous, really. The top rated comments on these news websites are typical populist garbage. Logically, you could reduce your exposure to real...

Lol, he's a paternalistic and condescending baby boomer. Figures. He probably berates sex workers and their clients in public settings.

This shit works the other way as well. I'm in my twenties and get stares, snickers and comments from hipster douchebags and baseball cap-wearing wannabes for simply wearing a suit to work. As if I'm expected to be a broke, unkempt fuckup because I'm young.

If you have kids, you should have enough money to afford a car and a house in a suburban area. Why the fuck would you want to subject your kid to riding the crowded, shit-smelling TTC buses/streetcars and living downtown with the assorted creeps/homeless fucks.

Just ran in to one of my regulars today in a relatively crowded area. I gave her a quick glance and she just looked down at her phone and avoided eye contact....lol. That's the appropriate action I suppose.

I remember seeing an SP, from a well known agency, who talked about seeing guys from the Jays and Leafs.

I don't see marriage or kids in my future, and live pretty frugally (aside from seeing SPs of course, which I am doing less and less). By stuffing my savings in relatively stable preferred shares at 4-6% annually, I'm convinced I can do it. It won't be a gold-plated retirement, but I have enough...