Rainbows and Cup Cakes.

Discussion in 'Stocks & Derivatives' started by Silvercross, Oct 2, 2013.

  1. Silvercross

    Silvercross Member

    Joined:
    May 29, 2011
    Messages:
    107
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia
    Is the word for alot of these stocks.
    Really guy's portfolio with all these company's in them would send you broke.

    Here's a few I personally trade in and hold as of now.

    Westfarmers.
    Orocobre.
    David Jones.
    Cash converters.

    I've got my specs as well as my shorts but the above company's I mentioned I'm happy to earn a percentage than sell .

    Goodluck and happy trading.
     
  2. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    I can understand one, two, and four. But why David Jones?
     
  3. Silvercross

    Silvercross Member

    Joined:
    May 29, 2011
    Messages:
    107
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia
    These types of stocks have been received well by the market and they do have a strong business plan and there price has shown to be quiet bullish .

    Kathmandu is another company that I must throw in the mix.
     
  4. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,826
    Likes Received:
    84
    Trophy Points:
    63
    zzzzzzzzzzzzz...........boring stocks.
    If they don't keep you awake at night they are not worth having.....
    That is why we are all in Silver Stackers....we are not the feint hearted.
     
  5. Silvercross

    Silvercross Member

    Joined:
    May 29, 2011
    Messages:
    107
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia
    Yes boring for example.
    I found it boring today when those stocks were in the green and I saw a profit, and on the right hand side of the screen and the not so boring stocks glowing red again.


    We can all dream and wait for the end of the world or the end of fiat but I've got a large safe and physical but my butcher only takes cash not silver rounds.

    It's about being balanced.
     
  6. Guest

    Guest Guest

    Orocobre is that lithium miner isn't it?

    Was meaning to buy this stock a while ago but forgot about it
     
  7. SilverSanchez

    SilverSanchez Active Member

    Joined:
    Jan 17, 2011
    Messages:
    2,653
    Likes Received:
    13
    Trophy Points:
    38
    Location:
    Melbourne
    The world doesnt have to end for gold to go up.

    There just needs to be economic growth to bring up real interest rates.
    If QE works - gold will go up
    If QE doesnt work - gold will go up

    The only way gold will stop going up in value is if it cant go up in value because its the new currency. That doesnt mean you can get fair value for your gold, it just means the value has been obscured.

    just a matter of time, and degree. If gold goes below 1000 US - no more gold metal gets produced
    Cause and effect.
    Thats why staring at a chart is retarded without knowing fundamentals. The socialist world want everyday people to live work and accept as payment - something that doesnt have any value. And they think they can get it. Make the world run on fear of collapse, rather than the wealth incentive. Their trying to cause the world to be one big collective.

    Abolish capitalism = abolish value and establish a global wage strata paid in no value paper

    The value is in your skill set - be a possitive contributer, you get to live. Dont contripute - die in poverty

    Look up the Cloward and Pivon strategy
     
  8. SilverSanchez

    SilverSanchez Active Member

    Joined:
    Jan 17, 2011
    Messages:
    2,653
    Likes Received:
    13
    Trophy Points:
    38
    Location:
    Melbourne
    Oh one more thing

    In the past when currency has devalued - it seems as though the stocks have apreciated in value.
    But when you adjust for inflation - you find your purchasing power has deminished. In these boring stocks there is an illusion of safety, but no - you are losing money - just at a slower rate - therefore it looks like you are increasing wealth - but in the long term - your not

    I think Kyle Bass and a few others have discussed this and you can find it if you look for it.
     
  9. AngloSaxon

    AngloSaxon Active Member

    Joined:
    Oct 26, 2012
    Messages:
    1,779
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Sydney
    I once worked for David Jones and found it to be a terribly run company, especially since about the time they became more interested in selling their own branded AMEX card instead of actual merchandise.
     

Share This Page