sdavid0419

Silver Goes Institutional

Everyone won't be getting in on this one as the little guy is going to take it on the chin. For GOLD that is. Unlike stocks gold won't split when it gets too expensive for the little guy. I highly doubt if gold soars you'll be hearing any cab drivers telling you they're buying it. As to SILVER it is still cheap enough and there will be plenty of flea market trinkets to find so the little guy will have a chance with this one.

Gold: Despite New Highs, Most Investors Remain Uninformed and on the Sidelines

If GOLD were a stock and those on the sidelines jumped in I would pronounce alas its been a good run but now is the time to get out. Should those on the sidelines decide to jump in I am in no hurry to get out. We are NOT dealing with a stock, we are dealing with INFLATION caused by the out of control printing of money. As long as the printing continues the REAL money (gold) as well as other assets will keep its value.

As an example I offer up the tractor I purchased 26 years ago for $7000. I've kept it in good working order making several expensive repairs but it works better than good and is currently worth about what I paid for it even 26 years later. I haven't priced a new one in a while but I believe the same tractor was around $23,000 the last time I priced it.

I have been making repairs and upgrades to my real estate and have purchased some new expensive play toys. However, I still choose to keep most of my nest egg in GOLD rather than accept any of the sub standard rates being paid by the same banks that are charging 30% on credit cards. To me its just plain common sense not to stay on the sidelines at this turning point in US history.

Has the Dollar Been Debauched? (Hint: Check Out the DJIA Priced in Gold)

GOLD is a STANDARD not a BUBBLE! In the workings of world trade money is only a way of keeping score. If your money vs. our money gets out of whack one or the other revalues. Not so easily done if one has watched China over the years. I don't think China will be as kind to us as we were to Mexico or Brazil. I don't foresee any forgiveness of debt. I hate to sound like a broken record on true inflation but I have not received a single bill in recent years that went down. I pay cash for groceries and I use the average cost per bag to figure out what its costing me to eat. This has never gone down even with "double coupons" and member cards!! So once again I shout that true unemployment (U2) is higher than it has ever been and inflation is out of control no matter what the Bernanke and company liars publish each month for those figures. I'm sticking with the GOLD STANDARD.

Fed Policy Becomes a Bourgeoisie Windfall

What hyper inflation? The just released cpi rose a mere .3% in Oct. Every bill I have received has gone up anywhere from 9 to 32%. In addition to the examples in my prior posts you can add a 26% increase in my automobile insurance. How do these b@stards get away with continually lying about inflation and using the lies to cheat the elderly out of their fair cost of living increases?

Gartman on the 'Mind Boggling' Gold Bubble

At this point Bernanke is nothing more than a talking head. Congress has handed him two unfunded wars, a broke FDIC, a Social Security lock box full of IOU's that are due, broke pension guarantee funds. Like it or not Bernanke will be printing more and more money as far into the future as one can see. If the gold bubble is waiting for the money presses to stop before it stops it sure as heck won't be in my lifetime!!!!!

The Intrinsic Value of Nothing, Part 2

It seems to be that the government is always trying to take from the rich and give to the poor and that big business is not only trying to take from everyone and keep getting richer but buy off the government too!!!! The sad thing is MONEY is winning.

Gold Is Not in a Bull Market

He did hit several true themes. GOLD is MONEY. The US and some but not ALL other countries are printing money like it is going out of style. AND the IF things get that bad get a cabin and a gun was also correct. Gun show sales are way up...not statistics to cabins in the woods. Also, not mentioned is the tremendous inflation figure that is magically being hidden. Add to the list of my previous evidence my new health insurance bill 25% higher than last year and if congress gets its scheme passed I'm guessing at least another 10% in rising costs or added taxes. Also my cable TV bill just jumped from $121/mnth to $162/mnth. No matter how many times our government changes the way inflation is calculated it is what it is and that is climbing out of control. Oh thats right gas locally went from $2.37/gal to $2.63/gal in one week.

Recycling U.S. Coins into Silver

Wow...lots of comments on this one. Let me add my 2c worth. I've been buying the 90% silver coins for a while now and have found that they do not screen them for dates and that I have each time gotten full value in dates for what I paid for silver. Also, I'm not buying into the oil dollar as I am in the process of going green and have found solar and wind to be worth the investment. When the rest of the world catches on to this gasoline might well be under $1 a gallon again!!!!!

Silver Unmasked

I think you hit the nail on the head. While gold is considered real money, silver actually is very useful even if photography went digital. With gold the imaginary thing (arbitrage) can work as there is a lot of real gold out there to cover shorts. With silver, it might take a decade but imaginary silver will not be available to cover shorts!

Gold's Big Secret - No One's Actually Buying

Your head line is mostly accurate. Every time I go to my bullion dealer I wait in line with the sellers until I get my chance to buy. Some people think I am a nobody so your headline would be correct with "NOONE". Actually, I like it this way as I have been a contrarian most of my life. My forefathers told me to buy when everyone else is selling and sell when everyone else is buying. This advise has worked well for me. By the time the true inflation numbers get published and the hoards flock in to buy I will have plenty of inventory of which to sell. One sad note though is that most of the sellers in line with me are people that have to sell to meet their daily obligations. As to the institutions and their leveraged trades I hope they are on the correct side because if they need my gold to cover their shorts they will pay dearly for it!!!!!!

Why a Gold Bug Isn't Buying Gold Now

Big fast build ups usually do get followed by some profit taking. Nothing goes straight up. As to the market correcting in the short term that is another thing. I vividly remember tech stocks continuously climbing for several years with no logical reason before the bubble burst. The same for housing prices. Unemployment numbers (U2) absolutely do NOT support any further growth in the markets yet my anticipation is these guys will continue piling on until that bubble bursts also!!!!! As to the metals I'm a BUG too and I'm not currently buying or selling as I believe the coming inflation will determine where the top is and since we can't even get the government to acknowledge the inflation we will have to continue monitoring this ourselves.

Silver Futures Show Markets Are Acting Strangely

This Kohalakid guy makes the Hunt brothers look like saints. He keeps falling back to the rules which we all know these wall street geniuses have bought and paid for from our duly elected representatives. Even using his rules the unmentioned banks have more than his rule even allows for. I know I've emailed all of my friends advising them to buy real silver even if only one ounce at $17.48. Like the guy wondering above what happens when the settlement date comes and those guys are short? My worst fear is that this Obama schmo will bail them out with taxpayer money!!!!

Niall Ferguson: Dollar Is Doomed, U.S. Empire Is Finished

Once again I'm reading the words "doom and gloom" and once again I'm stating I'm not a doom and gloom'er. I'm just defending my position against the obvious inflation that I believe is already under way. The mezmerizing machine in DC thinks because they altered the way inflation is calculated so they could rip off old folks on fixed incomes means that it doesn't exist. I even heard one of their operatives on the FOX business block suggest the old folks should not get a flat $250 but should give back because of "deflation". This talking head moron forgot to tell you that even though social security didn't increase the medical insurance benefits did. In fact so did college tuition. So have groceries. Yes gas is $1.00/gal cheaper than a year ago but has been steadily rising over the past 7 months. Someone slipped up and released the August wholesale prices and they were up an annualized rate of 20.4% so I've been waiting for the September wholesale prices which for some reason haven't been reported yet. I wonder why. We are getting so many lies out of washington and absolutely absurd behavior from our elected officials I for one believe in the golden rule. He who owns the gold makes the rules and if these overpaid wall street greedy pigs try to take over MY country I want to hold the gold.

Silver Futures Show Markets Are Acting Strangely

I say beat the b@stards at their own game. Buy and hoard as much real silver as you possibly can get your hands on and force these danged manipulators to come up with the goods at settlement time!!!!!!

Does the Good News Point to a Market Top?

I agree with you on gold and silver with one caveat that being a large inflation figure. Our government as well as most of the rest of the world is printing money so fast it is very hard to factor in the sure to come inflation figure. I'm expecting it to be higher than any other inflation than I have seen in my lifetime and I bought my house with a 15% mortgage!!!!!!

The price rise in oil is not immediately showing up at the pump as it has in the past. I still paid $2.35 this week. When it hits $3.50 inflation is upon us. In my area of the world the oversized vehicle is still abundantly prevalent on the roads though the newer ones are more fuel efficient they are still much less efficient than a compact car.

I do expect a correction but the sell reinvest window might be the smallest one yet.