Hugh

Extreme Opportunity in Gold

Poor thinking.

This could also mean: OIL MUST GO DOWN IN PRICE.

There is no natural law that says ratios must return to some norm.

Headwinds for Gold?

Saying, "Gold is not a commodity, it's a currency," is like saying "tuna is not food, it's a fish."

The fact is that gold is a commodity money. The term, "commodity money" has been around for at least a century.

Gold is a commodity, and it is a money. Gold is used in electronics, medicine, jewelry. There is gold in your computer.

From Wikipedia, the free encyclopedia:

"Commodity money is money whose value comes from a commodity out of which it is made. Examples of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, large stones, decorated belts, shells, alcohol, cigarettes, cannabis, and candy."

Moreover, the word "currency" is incorrect in this case. Even in a fully convertible gold standard, paper receipts that are title for gold are the "currency," and the gold is the actual money.

If you want to be incorrect, you ought to do it correctly and say, "gold is money, not a commodity." In this way, you only have ONE thing wrong.

52-to-1 Just Right for Gold/Silver Ratio?

I believe that a gold/silver ratio is a false issue. It really tells us nothing, simply because we can't see the future in terms of new uses FOR and new discoveries OF the metals.

All the ratio gives us is the chance to resort to the concept of, "blah, blah, blah..."

James Turk on Gold: The Ultimate Inflation and Catastrophe Hedge

Turk, speaking of gold says:

"... it is money that doesn’t have counter-party risk. In other words, you’re not reliant upon someone else’s promises for the value of that wealth..."

The problem I see here is that one is in fact reliant on the promise that his company, "Gold Money" does in fact have the gold in a vault somewhere, that the gold is pure and not debased with another metal, that the banks who own the vaults are honest, that the government will keep their word and not seize the gold on a political whim, that those doing the counting are telling the truth...

There is risk, there are promises.

Gold Prices Can Fall, Regardless of Fundamentals

And easily go up. You forgot that part.

Time to Buy Gold

#17. The U.S. government confiscates all gold and declares gold ownership to be a felony.

Gold’s 'Grand' Illusion

if gold id a 'Grand' Illusion," it has been a grand illusion for 5000 years. I doubt a poorly thought-out and poorly written hit piece will change that fact.

A $1Million Wager for Gold Bears

No one knows what the price of gold will be. Jim Sinclair is a Kook. Go to his site. Looks like a something dreamed up from a mental institution.

Buy Gold on Emotion, Not Fundamentals!

Emotions are fundamental. Fear is a big driver of all markets, maybe the biggest driver of all.