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The Original O'l Farts Club.

cola

Well-known member
I was asking cola that question but good to see you pop in Ben , always a pleasure

but yeah , a few years back I was day trading using Fidelity , Ameritrade , and E-Trade , watching the charts and all that stuff , mostly all in the Precious Metals companies , Goldfield , Newmont , and host of other miners

heady days when gold was trying to break through the $300 dollar barrier and silver trying to bust loose from $5 dollars an ounce…

I hope you make a million trading Ben!..
Here's a fact: 98% of people who "day trade" stocks lose all their money. 99% of opetion traders. R U Feeling Lucky?

 

Countryboy

Well-known member
Veteran
Some of what you state is true. I still, however, use cash, and paper bank statements. Electricity can turn off. We have been using fiat for how long now? And the whole world is using it. Simple question: Why do the richest & presumably smartest folks on the planet prefer to keep & store the vast amount of their wealth in US Dollars?? Good question!! :D
Since Nixon took us off the gold standard in 1971. It started in 1933 but Nixon stuck a fork in it.
 

Old Uncle Ben

Well-known member
I was asking cola that question but good to see you pop in Ben , always a pleasure

but yeah , a few years back I was day trading using Fidelity , Ameritrade , and E-Trade , watching the charts and all that stuff , mostly all in the Precious Metals companies , Goldfield , Newmont , and host of other miners

heady days when gold was trying to break through the $300 dollar barrier and silver trying to bust loose from $5 dollars an ounce…

I hope you make a million trading Ben!..

Thanks. Mainly do it for the challenge, for fun. I transferred/closed out a couple of accounts, use Etrade. 90% of being a successful stock trader/investor is not getting emotional....learning how to handle one's impulses. Learned the hard way!

Make money!
 

Old Uncle Ben

Well-known member
The average wind turbine,windmill, uses over 250 tons of steel that required 300 tons of iron produced from170 tons of coking coal. This is all mined,shipped, and produced by using oil. Each and every windmill could run until it self destructs and still never generate the energy it took to build it.
Whole green energy thing is a feel good scam. What to do with EV batteries, etc. Child labor in the Congo, etc.
 

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