Fortress Commodities Fund "We're Long Gold, Short Base Metals, And A Seller Of Crude"

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Thu, 12/08/2011 - 14:04 | 1959512 trav7777
trav7777's picture

Gold, bitchez

but seriously, why is there some fuckin pic of an african drinking and some kind of "waterAid" charity bullshit ad?  Why the fuck can't they develop their OWN water systems like, u know, Rome did 2000 fkin years ago, and have existed for well over a century in whiteyland?

Fuck pouring money down this rathole

Thu, 12/08/2011 - 14:16 | 1959623 fuu
fuu's picture

I would guess since about 40% of your posts have something to do with blacks or africa you will see lots of contextual ads for your interests.

Thu, 12/08/2011 - 14:21 | 1959665 flattrader
flattrader's picture


I hope Freddie is getting lots of the ads.

Thu, 12/08/2011 - 14:55 | 1959876 economics1996
economics1996's picture

What do the ZH's think of silver?  I wanted to buy some.

Should I switch to gold?

Thu, 12/08/2011 - 14:58 | 1959888 Troll Magnet
Troll Magnet's picture

play the ratio game, dude.  right now the GS ratio is about 1 to 55.  If the ratio was something like 1 to 40, I'd buy gold but at 1 to 55, silver is a much better buy.

Thu, 12/08/2011 - 15:12 | 1959944 economics1996
economics1996's picture

I agree.  Since 71 (Bretton woods) the DJIA is up 1,262%, GDP up 1,233%, Silver 2158%, TCMDO up 2,902%, Monetary Base up 3,658%, and Gold up 4,177%.

Gold is up historically and silver almost a bargin.

Fri, 12/09/2011 - 07:47 | 1962135 Ratscam
Ratscam's picture

long platinum - short gold platinum has never been so cheap compared to gold since 20 years

Fri, 12/09/2011 - 18:00 | 1964513 akak
akak's picture

You cannot say in English "since 20 years" --- it makes no sense.

Why do so many non-native speakers/writers do this exact same thing?
I hope you were not taught this, because it is flatly incorrect, and sounds like gibberish.

What you should be saying is "for the last 20 years", or "over the last 20 years", or "since at least 20 years ago."

Thu, 12/08/2011 - 16:37 | 1960347 Stax Edwards
Stax Edwards's picture

Just my opinion, but absolutely buy gold over silver.  Silver is an industrial metal.  Gold is a store of value.  

Having said that I have no opinion on how to value Gold in Fiat, i.e. I cannot tell whether it is expensive or cheap.  When fear is high it goes up, when fear dissipates it goes down.  But if I wanted to buy a hedge against inflation, particularly if they start printing again, I would buy gold long before silver. I have not bought any gold since around 1200 oz and part of me was leary of it then.  Look at the price chart from the 1980's. On the downside of that slope physical gold is not liquid. No one will buy it, the coin shops will be on vacation. Gold ETF's are not futures contracts like Celente was trading with MF, and should not be considered the same risk.  My 2 cents.  

FWIW, I think it is too late to buy gold unless major printing begins again in earnest, but who the hell knows. 

Thu, 12/08/2011 - 16:30 | 1960274 ilion
ilion's picture

Gold and Silver will crash early next year. At our company we've started to position for that. How? Well, shorting Dec 2012 far out of the money gold and silver futures call options. For example today I shorted Dec 2012 Silver 100 call options for 130 points or $650 per contract. I also shorted Dec 2012 gold 3500 call options for 8.0 pts or $800 dollars per contract. When the gold wagon turns, we will see days with 5-10% declines. Don't believe me? Well check out gold/silver charts, and look for yourself how much air there is to fall. Enjoy the ride!

Thu, 12/08/2011 - 16:46 | 1960415 DartThrowingMonkey
DartThrowingMonkey's picture

Selling teeny options ALWAYS makes money.




Until you blow up.

Thu, 12/08/2011 - 14:18 | 1959635 bob_dabolina
bob_dabolina's picture

That's funny because the ads are based on your search history

Thu, 12/08/2011 - 14:55 | 1959879 Troll Magnet
Troll Magnet's picture

I think Trav7777 is one of those fake bigots.  You know, like Strom Thurmond who was an outspoken segregationist in public but was fucking his black maids in private.  

Hey Trav, are you googling "hot black mamas" or "hot African chicks" or something similar?


Stupid bigots, man...

Thu, 12/08/2011 - 15:35 | 1960031 trav7777
trav7777's picture

a bigot?  Gawd, you people are so fucking stupid.

No, I do it to put you idiots onto your mental 3rd rails.   You act like you're redpill swallowers but you defend portions of the matrix to the death.

The ad was for a charity; that would suggest that I am charitable.

If I say africa should build its own water supply infrastructure, I'm a it.

Thu, 12/08/2011 - 16:25 | 1960250 tmosley
tmosley's picture

Yeah, sure Trav, you're "charitable".

Get over yourself, you fucking buffoon.

Thu, 12/08/2011 - 17:22 | 1960662 Ahmeexnal
Ahmeexnal's picture

Trav the ZH idiot.
You are Clayton Bigsby.

Thu, 12/08/2011 - 20:21 | 1961272 tooktheredpill
tooktheredpill's picture

I got a BUY GOLD and SILVER ad. Wish I had the african one.

Thu, 12/08/2011 - 14:20 | 1959653 Ahmeexnal
Ahmeexnal's picture

It isn't hard to understand why women are not even remotely attracted to a piece of shit like you.

Thu, 12/08/2011 - 14:25 | 1959690 flattrader
flattrader's picture

I like to think that Trav7777 just has access to the computer in the dayroom of his facility.

Assuming he's not a "resident"...somewhere, I think he is a disgrace to trailer park trash...everywhere.

Re: women--I think Trav just has a lot of "first" dates.

Thu, 12/08/2011 - 15:00 | 1959895 Troll Magnet
Troll Magnet's picture

What are you talking about?  Trav7777 is a STUD!  He's had two girlfriends his whole life: Left Palmela and Right Palmela.  

Thu, 12/08/2011 - 15:40 | 1960054 trav7777
trav7777's picture

what makes you say that?

Your thesis is that I am trailer park trash because I don't toe the MSM line on race.

This means:

a) you are the equivalent of a fucking TRAINED DOG salivating at a bell

b) you are an idiot

c) the MSM lies about everything and spews propaganda EXCEPT about race.  There they tell the truth.  Because you want to believe it.

d) all of the above

Thu, 12/08/2011 - 15:38 | 1960046 trav7777
trav7777's picture

dude, I just slept with a chick from ethiopa last night.  She was working the desk at a 3-day technical training session I'm attending.  You haven't a fuckin clue what you're talking about.  Guys drop "call me" business cards on her daily.  U want a fuckin pic?

I love provoking apoplexy in idiots like you.  And all you can do is hate on me...but it's hatred borne out of envy because I shamelessly use my superior intellect to make fools of you.

I say africa should develop its own water infrastructure like everywhere else did and I am a...bigot?

You cannot even put to words how fucked up such a pavlovian reflex is by you cretins.  You literally have no control over your own emotions or thoughts.

Thu, 12/08/2011 - 15:43 | 1960064 fuu
fuu's picture

Don't you have to be at the gym in 26 minutes?

Thu, 12/08/2011 - 16:12 | 1960177 trav7777
trav7777's picture

nah, wtf for...

Thu, 12/08/2011 - 16:05 | 1960151 Bicycle Repairman
Bicycle Repairman's picture

"U want a fuckin pic?" Yeah.

Thu, 12/08/2011 - 16:11 | 1960174 trav7777
trav7777's picture

gimme ur email and i'll send one over

Thu, 12/08/2011 - 17:02 | 1960557 flattrader
flattrader's picture

Is this our boy?

Well, like I said, lots of first dates...if any.

Thu, 12/08/2011 - 17:06 | 1960576 trav7777
trav7777's picture

uh...yeah, um, you need to return that "internet sleuth" degree from DeVry, bud.  I have never said anything that suggested I was from australia

Thu, 12/08/2011 - 17:15 | 1960620 flattrader
Thu, 12/08/2011 - 14:23 | 1959675 vast-dom
vast-dom's picture

I think they have it wrong on oil. Patient buyer as we climb past $120 on all sorts of global fuckery. And let's not forget the S in GSR. And I'd stay the hell away from copper.

Thu, 12/08/2011 - 14:43 | 1959808 CrazyCooter
CrazyCooter's picture

Turd has a post up talking bout negative gold lease rates being a possible indicator of a huge gold beat down in the works. So that should be short gold in the near term. I am going to watch carefully and may pick up an OZ or so if given an nice opportunity.

MENA seems set to go sky high any minute. There is just a steady stream of bat shit crazy news that seems to be accellerating. I think your patient buyer comment is spot on.



Thu, 12/08/2011 - 15:05 | 1959860 vast-dom
vast-dom's picture

Thx Cooter. I'm weary of PM's short term despite my not insubstantial silver positions which I can't be bothered day-trading on dips etc. There is massive covering on the horizon and sacrificial positions will certainly shake-up weak hands shortly. Stay patient and stick to your global narrative is essential.



And BTW there's another gunman loose on university campus here in the good ol' US of Apocalypse shooting shit up.

Thu, 12/08/2011 - 14:51 | 1959858 CORNGUY
CORNGUY's picture



You are a douche.




Thu, 12/08/2011 - 15:41 | 1960057 trav7777
trav7777's picture

state the evidence to support your thesis...

Thu, 12/08/2011 - 14:53 | 1959868 economics1996
economics1996's picture

There is a world of difference with one standard deviation in intelligence.

Thu, 12/08/2011 - 15:42 | 1960063 trav7777
trav7777's picture

your lips to god's ears...

there is an INCOMPREHENSIBLE and unbridgeable gap between the average person and someone like me who is capable of ceiling scores on an IQ test.

Thu, 12/08/2011 - 17:39 | 1960739 Ahmeexnal
Ahmeexnal's picture

Yeah, right. You should just STFU, before someone bashes your feeble head in with a 24 gauge steel pipe and RAISES your IQ to 68.

Thu, 12/08/2011 - 20:03 | 1961211 tooktheredpill
tooktheredpill's picture

so hell breaking out in Europe = buy gold? did that work during the credit crunch hell? 

Manners pls trav.

Thu, 12/08/2011 - 14:05 | 1959528 yabyum
yabyum's picture

Sounds I need to find a miner that gets some gold, silver, and copper RVM??

Thu, 12/08/2011 - 14:07 | 1959541 Forgiven
Forgiven's picture

"Long gold" translated means buying paper which means they're losers.  Now if they had announced they actually take delivery, well that's something else entirely.

Thu, 12/08/2011 - 14:09 | 1959560 SheepDog-One
SheepDog-One's picture

Their prospectus on crude doesnt even mention the possibility WW3 in the mid east could kick off any day now?


Thu, 12/08/2011 - 14:14 | 1959609 LongBalls
LongBalls's picture

EXACTLY. Being short crude with all the crap going on in the middle east is STUPID! When gold goes through the floor because of rising oil (deflationary) and the continued EU disaster, the central banks will get the green light to print and bail themselves out.

Thu, 12/08/2011 - 14:45 | 1959821 CrazyCooter
CrazyCooter's picture

I agree. The gold/silver beat down has to happen before the massive printing of new monies; you can bet your ass on it.



Thu, 12/08/2011 - 15:19 | 1959974 Bam_Man
Bam_Man's picture


It becomes obvious once you begin to think like a criminal.

Thu, 12/08/2011 - 14:34 | 1959747 Caviar Emptor
Caviar Emptor's picture

Yup. Sheep, on it as always..

Thu, 12/08/2011 - 15:00 | 1959894 WhiteNight123129
WhiteNight123129's picture

Well remember that China owns a huge quantity of treasury and what the China decided to force delivery on the huge amount of paper Gold deposit which sit on the Hong Kong banks that is an instant game over for the USD, which is a more potent weapon than nukes people. Anyway you could still buy some out of the money time spread on Oil starting post 2012 elections. BTW short Vale people.

Thu, 12/08/2011 - 15:08 | 1959931 WhiteNight123129
WhiteNight123129's picture

You have a binary outcome on oil and the 110 140 USD price range for Oil is actually empty .....could do a straddle....

Thu, 12/08/2011 - 14:09 | 1959565 GeneMarchbanks
GeneMarchbanks's picture

'Our view on gold is essentially based on what form and function the fundamental resolution of the US and European sovereign imbalances will take'

China, might want to include China again.

Thu, 12/08/2011 - 14:10 | 1959572 RobotTrader
RobotTrader's picture

After today, I bet they sell all their gold and pile into Treasuries.

Thu, 12/08/2011 - 14:12 | 1959589 SheepDog-One
SheepDog-One's picture

Robo, either seek immediate psychiatric assistance, or stop your insane obsessing over your TERRIBLE call to sell your gold at the $900 'top'!

OK! We get it! Youre all full of sour grapes! Shut up already!

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