gold, page-18197

First 18197 Last

Share
Profile

Follow
Nanood

7,791 Posts.

105

06/12/16

20:53

Post #: 21150698
Share

Originally posted by wombat53 ↑

I think most (or certainly very many) on HC are active traders...just look at the enormous popularity of the DT and STT Forums.
Even eshmun says he trades (but only when bored), Ophir now shorts gold stocks (to my surprise, while at the same time as buying gold stocks - even more amazing), martis is in cash - must have unloaded the truck, to stop the bleeding....he's not young, and doesn't have infinite time..(like me).... we get new surprises every day here at the Circus Maximus.
Proprietary (aka Principal) Trading, along with that for Institutional Clients is perhaps the biggest business in the world, certainly one of the most profitable in Financial Institutions .
Just look at this photo (quite old, and only partial image - the room is just too big), of the UBS Trading Floor in Stamford, CT. Size of 3 football fields. It was over a decade ago...surely bigger now.
I don't see them with green eyeshades and lead pencils doing complex DCF analysis, for companies to hold for the "long term". This is called "the real world". This is how employees of such firms get re-imbursed, incentivized, paid... how much $$$ they can make for their firm. Be it in Equities, Fixed Income or Currencies, and their various derivatives.
I don't know who you are replying to @AverageJoe, (many are ignored by me), but whoever it is, they must be utterly clueless about the real world...like quite a few here, I suggest.

Expand

You would think so but the UBS trading floor in 2016 now looks like this

Last edited by Nanood: 06/12/16
3 Upvote

0 Great analysis

Reply

Top Stories

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

IPH

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

RDN

Raiden gears up for exploration in final quarter of 2024

NRX

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

Reporting wrap: Inghams, Accent, Mayne Pharma

The business of sport: Warren Tredrea's take on this week's news

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

The Rising Tide: How institutional adoption is shaping the future of crypto

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

There are more pages in this discussion • 110,577 more messages in this thread...

First 18197 Last

Add GOLD (COMEX) to my watchlist

gold, page-18197

Top Stories

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

Raiden gears up for exploration in final quarter of 2024

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

Reporting wrap: Inghams, Accent, Mayne Pharma

The business of sport: Warren Tredrea's take on this week's news

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

The Rising Tide: How institutional adoption is shaping the future of crypto

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Featured News