streetTRACKS Gold Shares (GLD)

All Comments on GLD

  • commenter
    robert99
    Sep 04 01:02 AM
    Four Reasons Why Gold's a Slam Dunk Investment [view article]
    Oops, the last sentence should have read:

    "Both gold bears and bulls have a tendency to forget that gold is only a store of wealth, and that it's not the value of the gold that changes over time, but the value of the fiat currency."

     Reply
  • commenter
    robert99
    Sep 04 01:01 AM
    Four Reasons Why Gold's a Slam Dunk Investment [view article]
    Bearfund, that was one of the best analyses of the contributing factors of the price of gold and it's role in one's portfolio that I have ever read. Both gold bears and bulls have a tendency to believe that gold is anything but a store of wealth, and that it's no the value of the gold that changes over time, but the value of the fiat currency. Good job. Reply
  • commenter
    999
    Sep 04 12:44 AM
    Precious Metals Manipulation: Lawyers Prepare for Battle [view article]
    In response to mish
    Endless amounts of points to consider thou,
    1. With out a conspiracy how would you get people to take paper for real goods?
    2. I read 2 articles and they both referred to gold eagles as a novelty?
    3. If Gold/Eagles are a novelty why are there bullion Banks?
    4. 1933 the US made gold illegal to own why? involves a lot of people= conspiracy
    5. As I read you debunking Ted Butler saying there is no conspiracy if I would apply your same analogy you proving Ted wrong doesn’t prove you right on the no conspiracy theory either.
    6. As for 15 Years is a short time in banking terms they loan paper for 30 years. And this paper game is about 700 years old. So you only need a chart with 2 things 1 Gold’s buying power 1oz = x amount of bread loafs, 2 How many times paper money has failed. If your money/paper is only backed by words I would bet there lies. involves a lot of people= conspiracy
    7. Selling or Storing something you don’t have on a large scale taking cash for it and not winding up in jail would involve a lot of people= conspiracy.
    8. Media LOL Next
    9. Education LOL Next
    10. Exchange Rates involves a lot of people= conspiracy
    11. PPT involves a lot of people= conspiracy
    I could go on and on as I am sure you know, my point is Ted Butler may not be totalty correct thou he is at least 50% right there is a conspiracy.
    Remember its what you don’t know or understand that’s gets you “Warren Buffet”
    “me” People all ask me how I am going to get my money out of my gold, I ask them how there going to get there gold out of paper?
    Reply
  • commenter
    999
    Sep 04 12:30 AM
    Precious Metals Manipulation: Lawyers Prepare for Battle [view article]
    all games end! paper is a game gold in money Reply
  • commenter
    Moral
    Hazards Amok
    Sep 03 11:41 PM
    Decoupling Of Physical Gold And Paper Gold Prices [view article]
    Two points:

    1) I remember going through all this before in the 80s. Fiat paper was dead, only hard metals had real value and would be our future currency, yadda, yadda, yadda…

    Back then it was all just hysteria from retail investors. Nothing is different this time.

    2) As the great credit supercycle winds down and society is forced to de-lever , almost everything is going to contract in value; real estate, consumer goods, etc. Why would gold and silver be any different, especially now that central bankers have taken a stand and have started raising rates?     Reply
  • commenter
    Burticus
    Sep 03 10:32 PM
    The Nuttiness of This Market [view article]
    Thank you to the manipulators for pushing the paper prices of precious metals low again, while M3 and related inflation of fiat currencies soar. This has enabled me to continue filling my gun cabinet with real money - physical silver and gold. Reply
  • commenter
    User 255382
    Sep 03 10:12 PM
    Painful Surprises and Big Lessons with Precious Metals & Energy [view article]
    I am bearish on commodities especially natural gas and oil. The last bubble to burst is the commodity bubble which until recently was the favorite on Wall Street. Now the tables have turned and the big crash is underway with the potential for 60 to 80 percent declines. I predict $35 oil and gold prices under $400. Trust me, oil and gold will crash and burn like the real estate bubble and the NASDAQ bubble in 2000. The crash in oil and precious metals is a short sellers dream! Reply
  • commenter
    bocacassidy
    Sep 03 09:29 PM
    Precious Metals Manipulation: Lawyers Prepare for Battle [view article]
    The cited circumstances do strongly suggest heavy- and clandestine central bank intervention in a quest to underpin the 6 trillion US dollar trove which they hold....a weak and vulnerable asset .
    While none of this activity will ever be proven , the dollar fundamentals have not at all improved .....and the support campaign will not be sustainable ...Gold and silver will rebound to new record highs ...not because they are especially dood ,,,,,but rather because the dollar is inherently so bad ....Only the painful reality of a sharp dollar devaluation can possibly restore order to trade balance
    The USA enjoys an enormous credit line ,,,,but not unlimited !     Reply
  • commenter
    Jimmy
    Lathrop
    Sep 03 08:59 PM
    My Website
    The Nuttiness of This Market [view article]
    As long as you stay chained to your terminal scanning Bloomberg every second waiting to jump in on a trading wave of stock no matter how preposterous the impetuous is, everything will be FINE. Just remember to set in your stop order for an incremental gain if things violently whipsaw into the other direction. Remember, one false move and you are sleeping in your kids basement like Arthur in the King of Queens. Oh, and that sizzling sound? It is your stomach acid eating its way through your body cavity and into the floorboards. Forget about doing your work during the day and your fantasy football trades. Reply
  • commenter
    User 143380
    Sep 03 08:28 PM
    Precious Metals Manipulation: Lawyers Prepare for Battle [view article]
    Those who contest this article are either willfully dismissive or complicit. Morgan Stanley is a perfect example of how so many claiming oh, just another conspiracy, were proved so wrong. Just like the London Gold Pool. Yes price manipulation in markets does exist. The World is not a wonderland Alice. Reply
  • commenter
    dlaw
    Sep 03 07:42 PM
    My Website
    Decoupling Of Physical Gold And Paper Gold Prices [view article]
    Coins have always sold at a premium to bullion, the bullion premium is little compared to paper.

    Gold is headed to $700 because there is a bubble in all commodities.

    Gold is no better a holder of value than zinc, copper or silver and is inferior to oil, except that all commodities are busting, so gold is crap as well.

    And if gold is money, go to an Apple store and try to buy a PowerBook with it.

    Reply
  • commenter
    gigem77
    Sep 03 07:12 PM
    Dichotomy in W. European Gold and Silver Prices [view article]
    The gold and silver markets are made by large dealers in 100 ounce bars (gold) and 1000 ounce bars (silver). The bars have to meet standards for weight and purity. A comex contract for gold is 100 ounces. For silver it's 5000 ounces. There is no shortage in these markets. Anyone can buy a contract and take delivery.

    The retail market for things like eagles or krugerrand depends on fabricators taking delivery of bullion and then turning it into the k-rands or eagles or bars. A shortage at the local coin store or on ebay is not the same thing as a shortage at the comex. It just means that the retail demand has temporarily outstripped the ability of the fabricators and they have a business opportunity to ramp up their operations.

    EBAY by itself is not evidence of anything. EBAY USA has plenty of gold and silver at high prices.

    The comex has over 8 million ounces of gold and 138 million ounces of silver on the books as of yesterday.

    When you can verify that the comex refuses to deliver gold or silver against a contract, then you have a shortage.     Reply
  • commenter
    CLH
    Sep 03 06:33 PM
    Dichotomy in W. European Gold and Silver Prices [view article]
    Manipulation? Losers always think the world is against them Reply
  • commenter
    CLH
    Sep 03 06:29 PM
    The Nuttiness of This Market [view article]
    What is a normal market? If you think the market is abnormal maybe you should leave. Jason has the right idea. Capitalism is a tough game but its rewarding for the smart. I say hang in there and you will be glad you did. Reply
  • commenter
    User 255267
    Sep 03 06:09 PM
    My Website
    Precious Metals Manipulation: Lawyers Prepare for Battle [view article]
    It's good to know that someone is seeking to get some real answers and I suppose the courts are the way to do it though I wonder if it can happen fast enough. I do think buying gold and silver is a wise decision so long as one possesses the actual metal.

    In light of this info with the current debt situation with all the loans that have been paid out and how it effects the economy, I find it all a bit unnerving.

    Thanks for bringing this to our attention.     Reply
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