little_guy's Comments

The Rebirth of Gold and Silver?

Wed, 10 Sep 2008 10:40:23 -0400

Why not wait until end September for Central Banks to unload their gold quota ? , then November elections getting over and done with. 'Till then, Bush & Co. wants to save face: Americans to "feel good" and for this, a strong Dollar, cheap oil, holding equities (well, kind of) implying weak commodities, especially precious metals kept in check ?

Will the Stock Market Continue Its Upward Trend?

Tue, 09 Sep 2008 05:38:55 -0400

The patient is dying, now on life support... big Morphine injection last week-end. Going to kiss him good bye... and run !

Gold and Silver Will Not Save You From a Sell-Off

Wed, 22 Aug 2007 13:15:22 -0400

Don'... expect China to go on the gold standard in your lifetime, they are moving to the crude oil standardWell, so why did China's gold purchase increased by +32% in the last 12 month ?!
True about an Oil Standard, but still I wouldn't dismiss gold though.
2.5billions people - China & India - share a cultural tradition: they worship&... gold. And these are the new powers to be.
That's why i keep 20% of my savings in gold, ok, with a few gallons of oil and bars of soap !

Gold and Silver Will Not Save You From a Sell-Off

Wed, 22 Aug 2007 07:00:38 -0400
Is it not the sell-off of ETFs, liquidating hedge-funds, combined with record central-banks gold sales that is keeping the price of metals in check ?

Nice situation for anybody loading on bullion ! anybody that understands that when FIAT paper hits fan, the heavy metals will be all that remains in your hands.