Recent content by IChooseLiberty

  1. IChooseLiberty

    ___ Week Ahead 30 March 2009

    This friday is going to be insane. :eek: http://www.dailyfx.com/calendar
  2. IChooseLiberty

    Dow Dec 2012 Prediction

    Due to the rate of advance in the markets recently, it is apparent (to me at least) that Dow 6500 was just the start of another bear market rally. I expect that this bear market rally will be larger and last longer than all bear market rallies so far in this decline. Due to this, many will...
  3. IChooseLiberty

    Perfect time to go from renter to owner?

    Oh damn. Well that changes everything. Looks like I'm buying before the end of the year :D Thanks for the info.
  4. IChooseLiberty

    Perfect time to go from renter to owner?

    No way. It's a tax credit which means you can use it as an additional deduction in addition to a standard deduction or itemized deductions that you take on your tax return. This works to lower your taxable income thus lowering the amount of tax you have to pay. Essentially it will reduce your...
  5. IChooseLiberty

    Perfect time to go from renter to owner?

    FYI, You wont be getting an $8,000 boost to your tax return. It'll be more like $2,500.
  6. IChooseLiberty

    Should we ban naked short selling?

    naked short selling != short selling naked short selling = an illegal practice of failing to deliver shares in an effort to drive down prices on a security which can't even be done by common investors short selling = the legal act of profiting off a security's decline by borrowing the shares...
  7. IChooseLiberty

    FAZ Blues

    Expect this to continue for a few more weeks to months. This rally is the correction for the entire down move since this whole ordeal started around 14,200 DJIA. We should make it back up to 9,000-10,500 on the DJIA before this correction is complete... that's a lot of green days.
  8. IChooseLiberty

    Shorting leveraged ETFs always a profitable investment?

    First off, I'm skeptical that you'd even be able to find shares at your broker to short. I tried looking for shares of various leverage short etfs just before this rally got started and I came up with nothing. So, I'd imagine finding shares for a pair of etfs to be even more difficult. On top...
  9. IChooseLiberty

    Why is gold price following the DJIA now?

    Gold tracks many things and it seems to switch between them from time to time. It is affected by inflation [the markets, the inverse of dollar index, the euro, oil], and fear.
  10. IChooseLiberty

    PLEASE HELP ME INVEST with your sound economic advice

    Too late for that..... sorry :o You should be short gold and long the market for the short-term (2weeks-2months) Plz don't hurt me. :eek:
  11. IChooseLiberty

    Cpac

    Something made me click and vote 'Ron Paul'.... couldn't help it.... sorry.
  12. IChooseLiberty

    No silver

    emphasis added :D
  13. IChooseLiberty

    No silver

    $14.49/ea for Generic Rounds http://www.bulliondirect.com/catalog/lp/Silver_Bullion_999pure_Bars_Rounds_(1.00_oz).html I'd recommend Bullion Direct. Shipping/Processing may take a bit longer but it's worth it if you're buying large quantities.
  14. IChooseLiberty

    No silver

    Seriously, that's what I'd do.... but I'm just trying to cater my advice to those that would prefer physical silver as opposed to paper.
  15. IChooseLiberty

    No silver

    Well, SLV is an ETF that is backed by physical silver. You can't exchange it directly like you could a futures contract. The thing is that it tracks spot minus fees compared to physical bought at a dealer that tracks spot + variable commission based on demand. Buy SLV when silver spot is...
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