iShares COMEX Gold Trust (IAU)

All Comments on IAU

  • commenter
    Feb 28 03:56 PM
    My Website
    IAU: Can Spot Gold Continue Its Tear? [view article]
    There's a real good advisory out there; It took me a lot of hard work to discover, but if you've watched Bloomberg or so you probably saw it. Should I give it up? Hmm, dunno, it was VERY VERY hard to get, after all... here's a name....GOOD LUCK

    CASEY
    Reply
  • commenter
    Feb 28 03:54 PM
    My Website
    IAU: Can Spot Gold Continue Its Tear? [view article]
    Hey Gunther-
    ETF's aren't BONDS , you know? it's a service for you to get in on the HARD METALS, commodities. This might be an equity, but it's linked to a commodity . so, no, it's not going to just go away.! Sure they might get a tiny fee of some sort, but until you trade futures it's your only avenue to get straight in. Straight up!
    Reply
  • commenter
    Feb 28 03:38 PM
    IAU: Can Spot Gold Continue Its Tear? [view article]
    Hugh, I can put photos of stacks of gold on my website. Doesn't mean I actually have the it.
    Second: if there is such a huge hoard of gold under the City of London, it makes for a really nice treasure in case the English government feels the need to "nationalize"... it. Buh bye paper certificates GLD, IAU, SLV...
    Reply
  • commenter
    Feb 28 01:14 PM
    Silver Now Outperforming Gold [view article]
    After Bernankes acceptance today that inflation is a problem and could in certain circumstances reach 1970s proportions, Gold will surely reach a $1000 in quick time. When that happens it will be splashed all over TV and the press and Joe Public will rush in following the herd instinct. Gold and Silver will spike and that will be the time to rush for the exits, not before. I believe that Silver will have reached $30.00 or more by then. After that there is sure to be a massive pull back which will give long term Bulls another buying opportunity. All I.M.H.O. of course. Reply
  • commenter
    Feb 28 12:18 PM
    My Website
    Silver Now Outperforming Gold [view article]
    EE, I have read Butler extensively. No need to check out the top shorts. The net commercial short position which Butler USES as proof of a manipulation clearly declined months before the last spike in 2006. The top shorts may have tried to maintain their big short positions (proof?) but they were fighting against a tide of short covering.
    Reply
  • commenter
    Feb 28 11:47 AM
    IAU: Can Spot Gold Continue Its Tear? [view article]
    As for GLD, go to their web site for an explanation as to how the gold is kept in a trust, in a vault in London I believe. They even have photos of pallets stacked with gold.

    Another good question is, "How do we know the BANKS have our money on hand rather than just paper contracts where they invested in risky schemes?"

    The answer is that they don't have our money, and they did invest it in a lot of risky worthless paper. (such as mortgages)


    Reply
  • commenter
    Feb 28 11:45 AM
    Silver Now Outperforming Gold [view article]
    I repeat the suggestion to read,,,, Theodore Butler, Jason Hommel and his listed sites. This time fundamentals will mean more than chart techs and you better read words more than lines. And to Silver Analyst, your study and chart of the commercial shorts was mis-leading as Butlers work is on the concentrated 8 & 4 huge shorts that have manipulated gold & silver for years to unreal low prices. Thanks to them my cost in hand is $14/oz silver bars , maples, & eagles. Start reading Butler from May '07. Reply
  • commenter
    Feb 28 11:13 AM
    My Website
    Silver Now Outperforming Gold [view article]
    I am not saying a blow off at $20, I said "$20 and beyond". You can forget about $200, that is years away and requires an inflation crisis similar to 1980 (which will come don't worry!).
    Reply
  • commenter
    Feb 28 11:03 AM
    Silver Now Outperforming Gold [view article]
    short term technicals for silver look really good but the problem is the swings are so big that the chance and cost of getting stopped out are both quite high. Reply
  • commenter
    Feb 28 11:01 AM
    My Website
    Silver Now Outperforming Gold [view article]
    Mervelous... Story

    hahahhah ...until the final blow off which in our estimation cannot be too far away now

    PURE JUNK final blow off at 20 $ ?? you mean 200$ ??

    Why?

    Because Silver is going up because EUROPEAN are buying net PHYSICAL SILVER for just the last SIX month..

    And will not sell until the price rise TEN FOLD

    Do you understand what it mean for those who buy paper silver...
    Reply
  • commenter
    Feb 28 10:54 AM
    My Website
    Silver Now Outperforming Gold [view article]
    Also remember the 16:1 ratio wa a government decree for centuries. Since WWII, 16:1 has only been touched twice. Reply
  • commenter
    Feb 28 10:50 AM
    My Website
    Silver Now Outperforming Gold [view article]
    Look at the charts for 2004 and 2006, run ups in silver cannot be sustained for anything but months! Don't hang onto the talismans of 1980, it is not written in the skies that silver MUST beat $50!

    Reply
  • commenter
    Feb 28 10:05 AM
    Commodity ETFs Overbought; Gold Least So [view article]
    Those charts, moving averages, overbought/oversold mean nothing.
    I have been trading for over 15 years and the only thing you need to know
    is where the interest is going.
    I have been hearing and reading since oil was at 60 and gold was at 800 that they are way overbought.
    As both went to all time highs.
    Both will correct on a short term basis but they will both go higher every year forever.
    Reply
  • commenter
    Feb 28 09:19 AM
    My Website
    IAU: Can Spot Gold Continue Its Tear? [view article]
    How do we know for sure that IAU, SLV, GLD, CEF and other precious metal ETFs are in possession of actual metal rather than someone elses promissory paper? There is a great opportunity to just hold paper and use our invesrted money in some other risky scheme. Reply
  • commenter
    Feb 28 09:15 AM
    Silver Now Outperforming Gold [view article]
    You start well, but then you say something like this:

    "As silver attacks $20 and beyond, we hope to see this leverage over gold increase until the final blow off which in our estimation cannot be too far away now"

    Why? If historical ratios between gold and silver are closer to 1:16, and there have been times when it has been 1:1, why are we ANYwhere close. Technicals mean nothing at this point b/c the prices of gold and silver have been suppressed HUGELY for the past decade at least, for gold, and longer than that for silver. Beachballs finally let go under water don't "consolidate"... 20' below the surface...they keep on going to freedom. I don't doubt there will be some profit-taking, as the first poster above, but silver is NOwhere close to its inflation-adjusted peak in 1980, even using the completely fraudulent CPI in use since the Clinton administration. jt
    Reply