Silver Backwardation: Prices About to Soar [View article]
I also like Canada's Great Panther Resources (GPR.TO).
On Mar 06 01:26 PM GMiki wrote:
> I also believe silver's future is bright for a number of reasons, > including that it's the poor man's gold. I hold Impact Silver, SSRI, > Sabina Silver, Canadian Zinc, and SLW--all of which respond when > silver is up. The shorts will sooner or later have their backs to > the wall.
Silver Backwardation: Prices About to Soar [View article]
We dont have deflation. We have disinflation right now. Which I think will lead to inflation and, very possibly, some form of mild (hopefully, if there is such a thing) hyperinflation in the future.
U.S. Mint Actions Discourage Gold Ownership [View article]
I do not know where this gold went but there has been speculation that most of its gold was lent out at interest. Remember, gov't can lend gold and collect interest on what would have otherwise sat there doing nothing. Also remember that the IMF talked about using gold for the purpose of "helping troubled nations get out of debt." Now you have to ask yourself: Why would they do such a thing in the first place? That's their excuse anyway..go figure...
On Jan 25 11:15 AM athena wrote:
> I was in South Africa in 2000 and read in their leading paper a little > article about our Fort Knox. They said that there was very little > gold there if any. > At the time I thought that it was sold to help finance our deficit > spending. > Now I wonder. Does anyone know about where it went?
"But I think Inflation or Hyper-Inflation will not happen so soon because while money supply is up, velocity is almost zero. So in the meantime, there will be Deflation and that means the Dollar will reign temporarily and Gold will fall or at least won't rise."
Just because inflation or hyperinflation hasnt set in yet...(it will eventually), doesnt mean we have deflation in the meantime. We may have disinflation in the meantime which is very different than deflation. The money supply has not contracted at all..yet it is growing exponentially which, by its very definition, means that we do NOT have deflation. What we have here is too much supply and not enough demand causing prices to go down for the time being. When this money creation makes its way into the economy, we will have inflation (possibly hyper-inflation) and thus the prices of all things, especially gold and silver, will rise again.
On Jan 25 12:12 AM ron_paulite wrote:
> This is reply to GMiki > > "I can see gold decoupling from the dollar. In fact, I saw it yesterday." > > > Yes, I saw it too. Gold has decoupled from the dollar since last > week. > > But I think Inflation or Hyper-Inflation will not happen so soon > because while money supply is up, velocity is almost zero. So > in the meantime, there will be Deflation and that means the Dollar > will reign temporarily and Gold will fall or at least won't rise. > >
Gold Miner Profits Will Be Fueled by Lower Energy Prices [View article]
Gold and Silver will decouple from the general stock market eventually, being the only true money that exists today. With big inflation sure to come, based on fiat currency, gold and silver miners will be driven higher than anyone can possibly imagine right now.
Gold Miner Profits Will Be Fueled by Lower Energy Prices [View article]
Gold and Silver will decouple from the stock market eventually as it is the only "real" and true money that exists today. The big inflation which is sure to come will drive gold miners higher than anyone can possibly imagine right now.
Something's Brewing at Oilsands Quest Inc. [View article]
The tar sands oil production cost per barrel is estimated at $70/bbl., which is the most expensive barrel of oil that can be produced that meets global demand. Crude oil is around $50/bbl. With oil prices around $140 (and rising?), can you see the acceleration in bringing this to market?
Patient Thornburg Buyers Will Be Handsomely Rewarded [View article]
This company is not bankrupt and I do agree that its all just a matter of how much more bad news, most of which is already priced into the stock. This is probably the worse of times for this company and if they can hold firm through this as they appear to be doing, then patient investors will reap rewards going foreward.
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Latest | Highest ratedSilver Backwardation: Prices About to Soar [View article]
On Mar 06 01:26 PM GMiki wrote:
> I also believe silver's future is bright for a number of reasons,
> including that it's the poor man's gold. I hold Impact Silver, SSRI,
> Sabina Silver, Canadian Zinc, and SLW--all of which respond when
> silver is up. The shorts will sooner or later have their backs to
> the wall.
Silver Backwardation: Prices About to Soar [View article]
U.S. Mint Actions Discourage Gold Ownership [View article]
On Jan 25 11:15 AM athena wrote:
> I was in South Africa in 2000 and read in their leading paper a little
> article about our Fort Knox. They said that there was very little
> gold there if any.
> At the time I thought that it was sold to help finance our deficit
> spending.
> Now I wonder. Does anyone know about where it went?
Gold Will Shine in 2009 (Part II) [View article]
because while money supply is up, velocity is almost zero. So
in the meantime, there will be Deflation and that means the Dollar
will reign temporarily and Gold will fall or at least won't rise."
Just because inflation or hyperinflation hasnt set in yet...(it will eventually), doesnt mean we have deflation in the meantime. We may have disinflation in the meantime which is very different than deflation. The money supply has not contracted at all..yet it is growing exponentially which, by its very definition, means that we do NOT have deflation. What we have here is too much supply and not enough demand causing prices to go down for the time being. When this money creation makes its way into the economy, we will have inflation (possibly hyper-inflation) and thus the prices of all things, especially gold and silver, will rise again.
On Jan 25 12:12 AM ron_paulite wrote:
> This is reply to GMiki
>
> "I can see gold decoupling from the dollar. In fact, I saw it yesterday."
>
>
> Yes, I saw it too. Gold has decoupled from the dollar since last
> week.
>
> But I think Inflation or Hyper-Inflation will not happen so soon
> because while money supply is up, velocity is almost zero. So
> in the meantime, there will be Deflation and that means the Dollar
> will reign temporarily and Gold will fall or at least won't rise.
>
>
Gold Miner Profits Will Be Fueled by Lower Energy Prices [View article]
Gold Miner Profits Will Be Fueled by Lower Energy Prices [View article]
Something's Brewing at Oilsands Quest Inc. [View article]
Patient Thornburg Buyers Will Be Handsomely Rewarded [View article]