streetTRACKS Gold Shares (GLD)

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  • commenter
    messy
    Jul 24 06:17 AM
    Wall Street Breakfast: Must-Know News [view article]
    INVESTORS....This is a lousy premium as most buyouts have a 25-33% premium, and Yahoo turned down a bid with a 45% premium over their current price. Ballmer is sitting on 50 billion cash and watching it sink like a rock. What a stupid man he really is.
    Roche will be successful only because they already own over 50% of Genentech stock, thus controlling interest.     Reply
  • commenter
    balois
    Jul 24 05:13 AM
    Thursday Outlook: Commodities, Emerging Markets [view article]
    Thanks for straight and clear words.

    David Fry writes

    “…and, presto, money is created from rubbish! Do you then wonder why gold prices would fall and the dollar rally? I do and it gives me a headache...”

    Stop wondering! In order to “keep the Dollar strong” (until further notice, just a hilarious oxymoron), it is possible that the Central Banks not only sell but short the heck out of gold.
    By wasting their gold, they sacrifice also their own “strong” currencies, on the altar of the not-so-mighty dollar. Because they have still too many of them on their balance sheets. And they are mightily embarrassed. And the timing is just fine to do that in the general financial mess we are in. And some more inflation – who cares. If it gets out of hand, we ll just fix the “core” calculation formula and on we go, cheating ourselves.

    Socialists playing capitalists on the back of us, the poor schleps, sometimes still with the illusion that we are living in a “free market”.

    Have a good day
    Reply
  • commenter
    David White
    Jul 24 05:09 AM
    Thursday Outlook: Commodities, Emerging Markets [view article]
    I enjoyed your article. You made a lot of good points. However, you are failing to acknowledge that half or even one quarter of something that should recover is better than nothing (i.e. better than FNM and FRE going under). This by itself is a huge relief to the general investing public. FNM and FRE own over half of the mortgages. We cannot afford for them to go under. Certainly some of the banks reported bad earnings. But even those seemed to forcast improvement in the near future (for example Wachovia). A number of banks reported decent earnings, which were much better than had been expected (JPM, WFC, and BAC notably). this was overall very good news for the markets. The markets do seem to have been going straight up, but that has been fueled in addition by a large decline in the price of oil. Add to that a spate of good earnings (MCD, SLB, BHI, etc.). I am expecting more today as many Ag stocks report. Your techinical resistance lines look worthy of note. Still it is hard to say exactly what will happen in the market. The geopolitical situation with respect to Iran seems critical to market health. The price of oil seems critical. Other commodities going down may actually be helping many stocks. Certainly the banking news is helping the housing stocks, the financial stocks, and the stronger tech stocks. I don't pretend to know when this rally will end. We are still down a long way from not to long ago. The real estate market news has been minorly better recently. If that turns from a negative into a positive (even if only slightly), it could drag all the equities markets upward. Nonsense? I don't think so. Volatility? It seems a certainty. Do I know the future for sure? I am not sure anyone does. There are a lot of variables.
    Over bought is a relative term. The market can go on for weeks in an overbought state. Often that is the mark of a strong market. I will look forward to your next directional article. Perhaps by then the picture will have become clearer.     Reply
  • commenter
    GMiki
    Jul 23 11:49 PM
    Junior Gold Stocks Benefit from Stabilizing Equity Markets [view article]
    Oh, yes, the Dow also goes up eventually due to inflation. Reply
  • commenter
    GMiki
    Jul 23 11:49 PM
    Junior Gold Stocks Benefit from Stabilizing Equity Markets [view article]
    Energy is the core element behind every other thing we use in our society, so how it--or food--could be irrelevant is beyond me. If inflation doesn't measure those necessities that are volatile, what does it measure? Things we don't use?

    In regard to the article: Chris, you and I are holding the same hand and praying to the same god. It's a white knucle ride.

    Reply
  • commenter
    whatadifaday
    makes
    Jul 23 09:43 PM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    I just posted an article specifically on this topic...WB........Find it, read it if you wish.............The WB rally is nothing more than another Goldman Sachs Croney fools rush in theory..........Regard... Reply
  • commenter
    marxbites
    Jul 23 09:34 PM
    My Website
    If This Comes True, You'll Be Glad You Own Gold & Silver [view article]
    Dixie,

    We need to chop Leviathan off at the thighs. Dems & Reps alike have proven they collude more often against us for themselves, than for we producers they feed off while themselves only consuming; producing nothing we would buy from it voluntarily.     Reply
  • commenter
    marxbites
    Jul 23 09:30 PM
    My Website
    If This Comes True, You'll Be Glad You Own Gold & Silver [view article]
    I was just such a naysayer until I heard Cheney admit he'd kept his CFR directorship a secret as a legislator. Well indoctrinated me voted for W 2x. Well, that and W's lavishing Ted w/a 40% "education" Dept increase, instead of move towards free market education, propelled me into getting my own non-establishment biased education. As a liberal small govt fiscal conservative, I'd long ago decided the Dems were the socialist warmongers history confirms, but was deluded enough to think the Rep rhetoric was genuine. It wasn't. Indeed Lincoln was a commie socialist as hard as THAT is to believe. So the roots of the Republican party are pinker than the Dem progressive slide into it's own pinkdom. I've learned the two parties are controlled from the banking cabal that conspired to take away the people's real commodity market valued money in stages; the Morgan Dems & Rockefeller Reps.

    But just wrap your mind around this from:
    albensonjr.com/noconse...

    //So lets take a brief look at the "conservative&quo... roots of the Republican Party. When the Republican Party ran its first presidential candidate, John C. Fremont, back in 1856, Fremont had the backing of several men who were socialist refugees from the failed socialist/communist revolts in Europe in 1848. One of the most well-known of these was Friedrich Hassaurek, an Austrian socialist, who stumped the Midwest in Fremont's behalf. However it did little good at that point, as Fremont was beaten. However, it is worth noting that when the War of Northern Aggression broke out in 1861, General Fremont ended up with a goodly number of these forty-eighter socialists and communists on his military staff while the war was in progress. The Forty-eighter socialists seem to have flocked to Fremont. What did they know about the august general that our "history" books have not bothered to tell us?

    Although Fremont was beaten in 1856, the socialists and communists were nothing if not patient. In 1860 they found another candidate worthy of their leftist support--Abraham Lincoln. So in the presidential campaign of 1860 the Forty-eighters all came out for Lincoln. Carl Wittke, author of Refugees of Revolution noted that: "Lincoln was fully aware of the political influence of the Forty-eighters in the campaign of 1860, in persuading many of their countrymen to desert the Democratic allegiance for the Republicans..." It appears that the Forty-eighters had quite a bit of influence in the Republican convention in 1860--even to helping write parts of the party's platform. So much for "conservatism&quo... at the Republican roots!

    Establishment historian James McPherson told us in his book Abraham Lincoln and the Second American Revolution that Mr. Lincoln had championed the cause of the socialists and communists in Europe in 1848, so why would he not embrace their unstinting support during his presidential aspirations in 1860? You can accurately label this scenario "the Red roots of the Republican Party."

    If socialists and communists supported Fremont in 1856 and Lincoln in 1860 and 1864, we can hardly label the beginnings of the Republican Party as "conservative&quo... now, can we? The roots of the Republican Party were anything but conservative--at best they could be considered deep pink. Our decent, patriotic folks in this country need to become aware of this so they will not be guilty of trying to take us all back to Republican "conservative&quo... roots that do not and never did exist! It is true that the Republican Party did take a more conservative tack in the late 1940s and 50s, and even through the early 60s, but that was out of political necessity and it hardly reflects the real foundation and origins of the GOP.

    It is interesting to note that, in 1860, the Democrats were the real conservatives, while the Republicans were the left-leaning radicals. People today should know the difference. The fact that most don't reveals the lack of depth in what most of us received in government schools that passed for education. Sadly, what most of us received was leftist propaganda that was paraded by us under the guise of "history." Sadly, in our day, nothing has changed and our people "still perish from lack of knowledge." //

    Some mind blast eh?

    Want more reality of the scam our govt is; the elites that bleed us dry who run it from the shadows, pulling the strings of the manipulatable fronts they put in office for the purpose? And the perpetual debt of perpetual wars for supposed peace?

    This essay names the names, and connects the dots of the pure evil who have worked so hard in concert to take away the freedoms that some patriots once upon a time gave everything to give us.

    Wall Street, Banks, and American Foreign Policy, by Murray N. Rothbard
    mises.org/resources/12...

    There is NO way the people's capital these criminals have squandered on themselves will ever be repaid to those who earned it. Our ONLY choice is to protect what little is left. Turn most of your paper assets into metals.

    There is ZERO difference between the Warburg/Rothschild designed 2nd Reich's fiat monetary system, the very blueprint of our own FED, and the inevitable hyperinflation that results when tyrannts rob their people by coin clipping, debasement; or by printing press fiat, once they've fooled the masses into reliquishing their REAL money in exchange for unbacked money debt receipts printed from thin air. Called money because the govt says so. Boy are we stupid.

    Ron Paul is dead right. He is also the only Pol I've seen in the 40 years I've paid attention, that truly upholds his solemn oath defending the constitution that no others even come close to.






    Reply
  • commenter
    jessiejeff
    Jul 23 09:22 PM
    A Look at the Gold and Silver ETFs (Part I) [view article]
    I have sold 100 oz silver bars on Craigs List for several years and never had any problems. You can always get the "ask" spot price so you come out 3-5% better than what a coin dealer will pay you. I keep the bars in my bank's safety deposit boxes and make the transfer in the bank's parking lot. Reply
  • commenter
    bold4gold
    Jul 23 09:06 PM
    My Website
    A Look at the Gold and Silver ETFs (Part I) [view article]
    Bullion, coins, and the ETFs are all good because the us dollar will fall another fifty percent. The gov't just can't keep bailing out freddie, fannie and those still to come. We need to protect ourselves! Reply
  • commenter
    the wizard
    Jul 23 04:38 PM
    Historic Financial Collapse Underway? [view article]
    I am going out to pan for GOLD. Reply
  • commenter
    whenmusicsto
    ps
    Jul 23 04:23 PM
    Wall Street Breakfast: Must-Know News [view article]
    Vegas baby!!! (so true) Reply
  • commenter
    notsosmart
    Jul 23 03:20 PM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    its not investing anymore-its vegas only slower &nobody brings you a drink. Reply
  • commenter
    deuxsous
    Jul 23 02:23 PM
    My Website
    A Look at the Gold and Silver ETFs (Part I) [view article]
    enviro111:

    Good point about selling options on GLD. As you clearly know, this is how long term gold owners cover their expenses and generate some income on their gold. I made a good bit of money during the long bear market selling call options to the ever hopeful. The GLD listing makes it much easier to do that these days, as you are doing.     Reply
  • commenter
    Hamilton
    Jul 23 01:41 PM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    Interestingly enough... As soon as bad news turns into worse news... A.K.A. bankruptcy, the shorts mentality will change. Reply

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