trader58

Do We Goldbugs Finally Have Your Attention?

What you said hanumanhojo is the whole answer in a nut shell, the price was being suppressed in the phony futures market with the banksters behind the curtain and the only silver bullet that could put these criminals away would be when enough traders or a couple of countrys took delivery of their gold and that's really the only revelant arguement worth talking about. Let all the uninformed waste their time money trying to understand the fundamentals. The only thing that can and will stop this run now will be government intervention but until then those who are in and know to exit when they should stand to do well.


On Nov 13 11:51 AM hanumanhojo wrote:

> Gold definitively broke above $1K after Hong Kong took delivery of
> their gold from England.
>
> Then the move above $1.1K after India took delivery of gold from
> the IMF.
>
> These two milestones do seem to indicate to me that the wood got
> snatched out from under the gold shorting cauldron. May be a good
> time to accumulate silver and more gold shares as the time lag catches
> up to them.

Expecting Hyper-Inflation: Fed Chooses to Monetize America's Debt

What's value, how do you measure it, mark to market or do we get a small cabal ( Fed ) to assign it ?


On Mar 20 09:04 AM SW Richmond wrote:

> We've just witnessed the most significant day in American history
> in the last sixty-five years, and few Americans recognize it. It
> is nothing less than the day the US government admitted to the world
> it was insolvent. Pundits can yammer, but if any American family
> had gone to BK court and told the judge "we're going to print money
> to make our mortgage payments and maintain our lifestyle" there's
> no doubt what the judge would have replied.
>
> Our "president" is still campaigning and glamming it up, because
> that's all he knows how to do. Someone else, obviously the same entrenched
> power structure, is making decisions, and bad ones at that. We were
> promised change but have "stayed the course", not "changed horses
> in the middle of the stream", and gotten at least "4 more years."
>
>
> This is not going to end well; it can't. You can't print value, and
> everyone knows it. America, be ready. The welfare-warfare Leviathan
> is killing itself, and if we're not careful it will soon be replaced
> by its warfare-only cousin (since we won't any longer be able to
> afford welfare).
>
> It's a dark day.

Expecting Hyper-Inflation: Fed Chooses to Monetize America's Debt

Why is it people still have a hard time seeing what really drives the economy. We have just witnessed the best example we could ever have hoped not to see and the majority are still deceived. It's the INVESTORS not buisness. Without investment there is no buisness. When the investors pull their money out there goes everything. What the government is ultimitly trying to do is coax investors back in to the economy, if they can do that then a turn around becomes likely, if they cannot then everything else they do is just an exercise in futility. The main thing to watch for is will the investors like it.