streetTRACKS Gold Shares (GLD)

All Comments on GLD

  • commenter
    Mar 14 08:20 AM
    Gold/Dollar Ratio Goes Parabolic [view article]
    I LOVE that analogy! Bus Tickets! Of course most of you morons who still have 401K's that are bleeding red-hell, you can't even trust putting your money into a Money Market account! Whoever wrote this piece of propaganda, obviously hasn't lived through a Depression. Don't worry, you'll get your chance-soon. Reply
  • commenter
    Mar 14 08:16 AM
    Gold/Dollar Ratio Goes Parabolic [view article]
    Peter Hambro, chairman of Peter Hambro Mining, said gold is regaining its historic role as the ultimate store of value as mainstream investors lose confidence in the entire range of paper currencies.

    "When the Federal Reserve starts taking 'bus tickets' as collateral as they did this week, people are bound to see this as inflationary.
    Reply
  • commenter
    Mar 14 08:08 AM
    Gold/Dollar Ratio Goes Parabolic [view article]
    Compare 1980 with 2007. 27 years and NO adjustment for inflation-oh yeah, I forgot, we don't have inflation-it's under control. 1980. We still had a MANUFACTURING BASE that could support any actions to boost the dollar-2007-we have NOTHING! What you are seeing is a controlled crash of the USA as we know it. So what and where are YOU going to put your money, Einstein?- Treasuries? CD's. Who wrote this story, Maria Bartilomonio? Reply
  • commenter
    Mar 14 07:55 AM
    streetTRACKS Gold Fund to Cross-List in Asia [view article]
    The dollar is falling like a lead baloon. T-bills refuse to pay a decent rate of return as do the banks. Thanks to the sub prime lenders there is no longer a trusted rating system. Helicopter Ben is throwing gasoline on the fire by printing worthless money. All of the idiots with charts with lines on them and triangles and price supports are too stupid to realize that this situation has never happened before so there are no charts to propperly reflect it. Gold has always been and will continue to be safe haven money for when everything else is tumbling. Reply
  • commenter
    Mar 14 01:27 AM
    My Website
    Gold/Dollar Ratio Goes Parabolic [view article]
    Good points, however everyone is forgetting the most important point.
    Gold trades with oil movments. Now most important statment here.
    PEAK OIL. It's here and if you're unaware of it or think it's years away you need to do your research again. Greenspan recently (feb 08) said this and I quote "Oil Boom Will Likely 'Go on Forever'" Since oil price will keep rising indefinitly now gold will as well. Paper currency is shit as you can see. Euros won't help for long. Gold silently will be pricing for oil. Good luck.
    Reply
  • commenter
    Mar 13 11:09 PM
    Gold/Dollar Ratio Goes Parabolic [view article]
    One thing is compare gold to dow(an index reflecting nominal values) and another one is to compare gold to the dollar index(60% euros pondering to make things worse), trying to mix apple and peaches. Maybe that ratio looks the same as the pound did once it was considered as the N°1 currency reserve before collapsing. Reply
  • commenter
    Mar 13 07:37 PM
    streetTRACKS Gold Fund to Cross-List in Asia [view article]
    Inflation has been vastly understated for decades. This is a fact that is easy to verify and is calculated monthly at Shadowstats. Therefore the inflation adjusted price of gold, were it to return to former highs is closer to $4200 that the $2100 quoted in the media. Gold at $1000 is extremely cheap. This is not pessimistic, but rather, what I like to call, realistic. In this decade gold will exceed $4000 and silver will exceed $200 and oz. These are conservative predictions, and where I placed a huge bet. Reply
  • commenter
    Mar 13 05:54 PM
    Gold/Dollar Ratio Goes Parabolic [view article]
    seekingalpha.com/artic...


    Uh-Huh,and they were cautious when Gold was at $850-take note.
    Reply
  • commenter
    Mar 13 05:50 PM
    Requiem for a Departing Economic System [view article]
    Are there no disclosures for this author, does he own any equity or short positions? Many thanks. Reply
  • commenter
    Mar 13 05:43 PM
    My Website
    streetTRACKS Gold Fund to Cross-List in Asia [view article]
    Gold goes to $2,000, GLD goes to $200. Seems simple.

    Some suggest $3,500 an ounce for GOLD. This seems quite pessimistic on the outlook for the global economic system.
    Reply
  • commenter
    Mar 13 05:06 PM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    I've wanted to open an Everbank account for a while now - but I checked them out on the web for complaints and there are some which don't inspire confidence in their Customer Service, promptness or record keeping.

    Any one a customer of Everbank?

    What do you think - can they be dealt with long-distance without pulling out your hair?

    Thanks in advance.
    Reply
  • Gold/Dollar Ratio Goes Parabolic [view article]
    For the last $300 up in Gold all I have heard ablut is how this is going to collapse, how its going to back off, etc...

    I guess if you write one of the articles, such as the one above every $100 up in gold, you are bound to be right sooner or later.

    I have been buying the pullbacks for months now and am sitting on a massive winner - which will get bigger.

    S&P estimated today we are half way through the write offs. Even if we are 3/4 of the way through the feds rate cuts we have over a point of more cuts coming. And do not forget the banks are all still writing off - maybe more moves at the window, policy changes, etc...

    This move is in response to a little inflation and ANTICIPATED inflation. The paper money fiat market is getting soooooo inflated, just wait till it works its way through to the CPI and PPI. Thats when gold really goes parabolic. Dont forget that China just posted well over 8% inflation, Russia is printing roubles like puppet presidents. The world is awash in paper.

    Nice chart buddy. Now take some time to figure out how to interpret it properly.
    Reply
  • commenter
    Mar 13 04:06 PM
    Gold/Dollar Ratio Goes Parabolic [view article]
    What could the author possibly be thinking? Adjusted for inflation, gold is nowhere NEAR the ration of 1979, and won't be unless it reaches somewhere around $4000 per ounce. Think of it in terms of genuine buying power. A house in 1979 vs today. A gallon of gas in 79 vs today. Medical care in 79 vs today, etc etc etc , Gold has a LONG way to go up before it approximates the same genuine ration as 1979. Reply
  • commenter
    Mar 13 02:38 PM
    The Long Case for Minefinders Corp. [view article]
    In your previous article you wrote that the volatility of the sector would give us a chance to get a good deal and I bought at $10.50.
    Do you think we will have another good chance to buy more at such a price? What do you think is a good low target price now?
    Reply
  • commenter
    Mar 13 01:32 PM
    Central Banks Launch Full Assault on the World's Trees [view article]
    What is most overlooked is how the disparity in wealth is the real cause of the housing mortgage mess. It's the cause of many of our economic problems. When most Americans can't afford to own a home, while a few percent at the top get wealthy at unprecedented rates, there is an obvious problem. But it isn't politically correct to mention this, especially on FOX. When Huckabee had the temerity to mention this inequity at a Republican debate, he was practically laughed off the stage. Working class people are not making it and are being left out the prosperity that is making others rich. Reply

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