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Thread: Coal! Buy it now. 2012 Coal = 2003 silver!

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    Iridium mamboni's Avatar
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    Cool Coal! Buy it now. 2012 Coal = 2003 silver!

    Romney loves coal. Coal loves Romney. Romney just bitch-slapped Obama, which he richly needed and deserved. Romney will be the next POTUS. That is great news for coal. The coal companies have been beaten down to ridiculous valuiations and single digit P/E. They can only go one way from here - up! America is the Saudi Arabia of coal. For a chance for recovery, America must burn coal. If the dollar collapses, imported oil will cease and America will burn alot of coal - it will have no choice. Coal is America's black gold. Today's coal is priced as 2003 silver: undervalued!

    I just bought 2000 shares in ACI and 2000 shared in ANR. If these coal companies continue to rise as I expect they will, I will buy more.
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

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    Unobtanium EE_'s Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    Quote Originally Posted by mamboni View Post
    Romney loves coal. Coal loves Romney. Romney just bitch-slapped Obama, which he richly needed and deserved. Romney will be the next POTUS. That is great news for coal. The coal companies have been beaten down to ridiculous valuiations and single digit P/E. They can only go one way from here - up! America is the Saudi Arabia of coal. For a chance for recovery, America must burn coal. If the dollar collapses, imported oil will cease and America will burn alot of coal - it will have no choice. Coal is America's black gold. Today's coal is priced as 2003 silver: undervalued!

    I just bought 2000 shares in ACI and 2000 shared in ANR. If these coal companies continue to rise as I expect they will, I will buy more.
    Yes coal! Go ORomney!

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    Iridium mamboni's Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    Quote Originally Posted by EE_ View Post
    Buying coal is buying American and creating jobs here. That's a hell of a lot better than buying APPLE which creates jobs in China and puts more cash into APPLE's pockets.
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

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    LuckyStrike (10th October 2012)

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    Dangerous Donald Neuro's Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    Coal is a bit chunky... I guess one could dump it down an old mine, and cover it with heavy rocks, so no-one comes and steals it! It's a bitch to carry with you in a SHTF situation though!

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    Errosion Of Accord (4th October 2012)

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    Iridium mamboni's Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    Quote Originally Posted by Neuro View Post
    Coal is a bit chunky... I guess one could dump it down an old mine, and cover it with heavy rocks, so no-one comes and steals it! It's a bitch to carry with you in a SHTF situation though!
    True Duck! And, it sucks getting it for Christmas.
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

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    .999 Unobtanium Horn's Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    I'm wary of investing in this market for the long haul.

    Seems like the only black you would get was around your eye.

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    Dangerous Donald Neuro's Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    Quote Originally Posted by mamboni View Post
    True Duck! And, it sucks getting it for Christmas.
    Yeah! Especially when you get it every damn Christmas! Go to hell Santa!

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    Iridium mamboni's Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    Quote Originally Posted by Horn View Post
    I'm wary of investing in this market for the long haul.

    Seems like the only black you would get was around your eye.
    Me too. But nothing ventured, nothing gained. Staying in cash is not an option. 95% of my portfolio is in silver, gold and the miners. Now, 2% is in coal miners. So it's a small diversification, a dipping of the proverbial toes.
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

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    .999 Unobtanium Horn's Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    hmmm, proverbial toes... only from mamboni...

    I don't play the lottery either, I tried it once & felt like a loser right after purchase.

    Only to be vindicated in loserdom later.

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    Unobtanium EE_'s Avatar
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    Re: Coal! Buy it now. 2012 Coal = 2003 silver!

    Quote Originally Posted by mamboni View Post
    Buying coal is buying American and creating jobs here. That's a hell of a lot better than buying APPLE which creates jobs in China and puts more cash into APPLE's pockets.
    It's a good play...at least today.
    Mamboni be nimble, mamboni be quick, mamboni jump...you got the picture.

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