Friday, September 30, 2011

Quiz time - Win a Silver Eagle!!


  You degenerates out there will have a distinct advantage this month. First Person who posts correct answers to all ten questions will get a Silver Eagle Fed-exed to your door. One entry per day - Good luck.



1. Which has the most alcohol?
  a. 12 oz Heineken
  b. 16 oz Michelob Ultra
  c.  Jigger of Jack Daniels
  d. 5 Oz.  Dom Perignon  

2.  Which of the following bets pays the most?
   a.  $100 4 team baseball parlay with all 4 teams +150 dogs
   b. $100 on a Green Zero at the roulette table
   c. $100 Across on this years derby winner
   d. $100 Hard ten on the hop

3. Which has the highest percentage probability of occurring at the crap table?
  a. Rolling a nine before rolling a seven.
  b. Rolling two sevens before rolling one nine.
  c. Rolling a seven before either a six or an eight. 
  d. Rolling a five, seven, or nine ON the next roll. 

4. Since we are on the topic of dice, imagine three special dice - a Red one with three 2's and three 5's, a White one with five 3's and a 6, and a Blue one with five 4's and a 1.  You and I agree to roll dice a hundred times for $100 each roll (high roll takes the cash). Which is your optimum strategy?
  a. Not playing
  b. Choosing the Red die
  c. Choosing the White die
  d. Choosing the Blue die

5. At the track in a nine horse race which of these bets cost the most?
  a. $1 trifecta on every possible combination with the number 4 horse finishing 2nd
  b. $2 trifecta ticket with every possible combination of the even numbered horses.
  c. $1 trifecta ticket on every combination of the odd numbered horses.
  d. $2 Quinella on all combinations with at least 1 even numbered horse (no duplicates).

6. Playing an 8 spot keno ticket, which of the following is not true?
   a. The % of time you should expect to get 0/8 is less than the % you should expect 4/8
   b. You should expect to win (get 5 or more) less than 2% of the time.
   c.  You should expect 2/8 or 3/8 more than half the time.
   d. You should expect 1/8 more often than 3/8. 
   e. Payouts in LV are about  20,000-1 on 8/8, the actual odds are over 200,000-1. 

7. 136,000 sex crazed adults were asked what is their favorite style to have a Woman to manicure her pubic hair. Which of the following garnered the smallest percentage of votes?
  a. Shaved clean
  b. Trimmed
  c.  Landing strip
  d. Natural
  e. Brazilian
  f.  Patch

8.  You have a flight leaving for Las Vegas, and you have to bring enough marijuana to roll two good size joints for grandma in case her glaucoma kicks up.  Having theoretically tried all of the following, since 9/11 - which is best by test?

  a. Bribe a LV cabbie and/or Valet.
  b. Purchase a $5 gold plated locket, insert contents, place locket into multiple zip-locks, go       
      fedex, use overnight envelope to the hotel where you are staying, send under an alias. 
  c. Use any Leather (will defeat the type X-rays they use at airports) bound book, insert into 
      spine page 237, put book into zip-lock then into Checked bag, you board clean.
  d. Put contents into your Leather wallet, Put your wallet into your carry-on. Let it get x-rayed.
  e. Billy Hayes style (Midnight express) - cleaned & screened in a mini-airtight - fastened 
      without any metal to inside waistband of Boxers & walk it thru the detector & on to plane. 

9. Which of the following is not true of your higher end LV Strip clubs?
   a. Any cabbie in town will drive you there free. 
   b. Over half the chicks grinding will tell you they are working their way thru school
   c. 3 Lap dances for a $100 is as cheap as you can find on a Saturday night.
   d. There will be over a hundred girls working a Saturday night
   e. Girls with multiple tattoos outnumber those with one or none. 

10. In terms of payouts on parlays & teasers which LV Casino offers the best odds?
   a. Ceasars Palace
   b. Bally's
   c. The Rio
   d. MGM Grand
   e. The Hilton

Sunday, September 25, 2011

GOLD...Its Bigger than US Steel





  Friday's Gold price intraday drop of over a hundred dollars per ounce seems scary to most. However,  In the immortal words of Hyman Roth " its small potatoes". Gold is now trading at a 15% discount to its all time high. Since the bull began in 2001, Gold has not offered many discounts. For those looking at Gold for the first time, 15% off is an excellent entry point. If you want to make money in Bull markets, you buy weakness & sell strength. 15% off is weakness


  Could it get cheaper, absolutely it could. In 10 years, Gold has only offered 3 discounts over 20% (summer 2004, summer 2006, fall 2008).  The sharpest discount was 29% off in 2008. If this 15% off sale were to get as bad as 2008, Gold would fall to $1375. While that is possible, its not likely as Gold should find plenty of support at its 200 day moving average (currently just under $1500). Bagholder is of the opinion, the powers that be, can't get it that low as there are simply too many buyers at these levels. Even if they do get the price down there, it won't be for very long


 This can be said with certainty, as ALL the fundamentals for Gold are as Bullish as they have ever been. Consider:

- Real interest rates are Negative, That is a dream scenario for Gold, as it  ALWAYS rises in that environment

- Even better, Benny has been kind enough to pledge keeping those rates negative indefinitely - woohoo - lets party!!

 - The worldwide supply of Dollars  continues to grow unabated

 - Economically, the future is bleak - as the only things certain are more wars, more taxes, more inflation, more unemployment, and more regulation

 - The days of dollar hegemony are nearing an end (this is what the wars in both Iraq & Libya are all about)

 - Bankers are buying at these levels, while the public is selling - That can only mean higher prices ahead

 - The commodity pendulum is swinging in Golds favor


  The MSM, would have us believe Gold was in a bubble & that bubble has now popped. They play this same story over & over again, not because there is a bubble - but rather as a scare tactic. You see, the MSM does the bidding of the people who run this country. Those people are piggish. They want the metals trade for themselves. So, their lap dogs in the media trot out the Gold is a bubble story to scare new money away. Remember, they are trying to get 99% of the masses on the wrong side of the trade. There is a growing number of folks looking at Gold for the first time in their lives. They see 11 straight years of rising prices and think, hey - maybe this is a good investmentUntil the MSM trots out the bubble talk, which exists only to assuage the egos & reinforce the incorrect thinking of those who feel they may have missed the move


  Make no mistake, Gold is headed higher - much higherOf course it could (and probably will) trade lower first. 15% off is a nice size pullback, and like all pullbacks in a bull market - needs to be bought. Looking big picture, the outlook for Gold is as bright today as it has ever been. There is no fundamental reason for Gold to have changed its trend. The trend is up. The pullbacks are sharp - because thats how they come in Bull markets. Long term, gold will continue to power higher until some of the fundamental issues listed above are properly addressed

We here at Mytwocent$ are grateful for this 15% off saleWe prefer to take the Kevin Bacon approach from Animal house…….THANK YOU SIR!!  MAY I HAVE ANOTHER!!