Long Position on Silver and Gold?

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Originally Posted by roberth

Yup, we haven't recovered, media is just lyin' to make barry look good.

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+1
I tell dumbocrat economics turds that "This right now IS the recovery that you guys were anxiously hoping for." :(

Sadly it is just an band-aid.

I like goats (not that way, you jerks). Figured I'd mix it up a bit. The wife calls me an old goat anyway, might as well have my likeness on some metal.

http://i841.photobucket.com/albums/z...7B02C8DFF2.jpg

http://i841.photobucket.com/albums/z...932D628F65.jpg

WTI has dipped under $45, Brent is under $50. I'm wondering when pump price will drop.

Why am I not buying silver right now???

[panic]

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Originally Posted by roberth

WTI has dipped under $45, Brent is under $50. I'm wondering when pump price will drop.

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[ROFL3][LOL][ROFL2] Ok Goldilocks

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Originally Posted by roberth

WTI has dipped under $45, Brent is under $50. I'm wondering when pump price will drop.

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From howstuffworks.com

"So what's the difference between summer-grade fuel and winter-grade fuel? Summer-grade fuel is more expensive for two reasons -- because of the ingredients it contains and because refineries have to briefly shut down before they begin processing it. Summer-grade fuel also burns cleaner than winter-grade fuel. This just means that it produces less smog and releases less toxic air pollutants. The actual difference in cost of production varies. One estimate claims an increase of only 1 cent to 2 cents per gallon [Source: Slate], while another states 3 cents to 15 cents per gallon [Source: Reason]. No matter the difference in production costs, the increase at the pump is even greater, owing to the summer driving season, dips in supply, maintenance costs and companies' converting to production of summer blends."

With this in mind, you should start seeing the price decline when:

Attachment 60181

I just wish they would cease putting corn-based ethanol in my gasoline.

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Originally Posted by BladesNBarrels

From howstuffworks.com

"So what's the difference between summer-grade fuel and winter-grade fuel? Summer-grade fuel is more expensive for two reasons -- because of the ingredients it contains and because refineries have to briefly shut down before they begin processing it. Summer-grade fuel also burns cleaner than winter-grade fuel. This just means that it produces less smog and releases less toxic air pollutants. The actual difference in cost of production varies. One estimate claims an increase of only 1 cent to 2 cents per gallon [Source: Slate], while another states 3 cents to 15 cents per gallon [Source: Reason]. No matter the difference in production costs, the increase at the pump is even greater, owing to the summer driving season, dips in supply, maintenance costs and companies' converting to production of summer blends."

With this in mind, you should start seeing the price decline when:

Attachment 60181

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Thank you! :)

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Originally Posted by brutal

I just wish they would cease putting corn-based ethanol in my gasoline.

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Yes, ethanol is another scam.

If you're a believer in learning from history, take a look at this article: "The Dow Has Already Fallen Nearly 900 Points From The Peak Of The Market"

http://theeconomiccollapseblog.com/a...-of-the-market

Hmmm, HSBC and Goldman Sachs are going long on gold, gee, go figure... They're buying 7.1 tons of physical gold, for themselves!

http://seekingalpha.com/article/3421...-physical-gold