It occurs to me that ultimately, financial markets are the monetary equivalent of political systems. Perhaps some are correct to suggest it not necessary to hoard gold, despite the fact that world governments take the lead in that selfsame pursuit of the "blaise blaise" medium. That factor may have something to do with the likelihood that no sane person would hope for any catastrophy but unfortunately, we all know that practically anything beyond our power to influence can prove a reasonable expectaction.
The purpose of this forum is to advise oneanother, to- wit many do their best. Although I am no expert I do recognize this, he who owns the goods may attempt to manipulate the price as he wishes. And further, re- gardless to how outlandish that price may seem if the populace is willing to support that price-it will hold until! Now, whatever you want to call us-those of us who manage to get the better grip on that factor most likely fare well depending on our situations.
OK, the price of the yellow stuff is descending. No News! Keep going as usual. Good news! If you want to unload a few bars, thats up to you. BUT, why do so on the down tick. As has been pointed out, like most everything else in life-business/politics... ments proceed in cycles.
My question:
"You in this to make money or some other less functional medium?"
And frankly, I don't want to see gold trading at 5,000 per ounce-although I suspect it could. Reason being, A VERY BAD SIGN FOR THE PLANET! While I probably should not say it, so long as it were left in the hands of a rational populace-I advise against allowing gold to advance beyond 3,000.
Gold and Silver: Prepare for a Short-Term Decline [View article]
This guy has got the big picture. Squeeze the mid-little guy out of the equation before anyone gets wise. The mega powers may be mega but they can only control by way of what they know they can afford to sacrifice to maintain that control. IF every single voting age party on this planet could afford to purchase ONLY ONE bar of gold, what do you think would happen? Particularly since the facts stand as they do. Just like the man says, wise buyers know how to smile on the down tick and pick up whatever they can.
Now this may sound a hint of subversion but the funny thing about that is. The power players do the same thing day in and day out but it's not called that when they do. Micheal Douglas said it well enough for me, .........................
Why Gold is Likely to Keep Moving Higher [View article]
All said, then I guess the wherewithal of producers is not quite relevant to these equations. XYZ Mining could just happen upon the unimaginable but are also confined to the same terms as central banks, despite the possibility that a global populace should still find it desirable? I fully understand the need to control the price, where reasonable. But, what happens if the public decides that power should belong to them?
These factors being true, then investors in South American Gold Producers must be generally suckers! It sounds like we may pump our money into their economy until something shakes then suddenly everything gets conveniently nationalized. And I suppose the objects of our attention knew of the likelihood of such a manuever in advance, as should we. Comments?
Gold as an Investment? Think Again [View article]
some are correct to suggest it not necessary to hoard
gold, despite the fact that world governments take the lead in that selfsame pursuit of the "blaise blaise"
medium. That factor may have something to do with
the likelihood that no sane person would hope for any
catastrophy but unfortunately, we all know that practically anything beyond our power to influence can
prove a reasonable expectaction.
The purpose of this forum is to advise oneanother, to-
wit many do their best. Although I am no expert I do
recognize this, he who owns the goods may attempt to manipulate the price as he wishes. And further, re-
gardless to how outlandish that price may seem if the
populace is willing to support that price-it will hold until! Now, whatever you want to call us-those of us
who manage to get the better grip on that factor most
likely fare well depending on our situations.
OK, the price of the yellow stuff is descending. No News! Keep going as usual. Good news! If you want to unload a few bars, thats up to you. BUT, why do so on the down tick. As has been pointed out, like most everything else in life-business/politics...
ments proceed in cycles.
My question:
"You in this to make money or some other less functional medium?"
And frankly, I don't want to see gold trading at 5,000
per ounce-although I suspect it could. Reason being,
A VERY BAD SIGN FOR THE PLANET! While I probably
should not say it, so long as it were left in the hands
of a rational populace-I advise against allowing gold
to advance beyond 3,000.
Gold and Silver: Prepare for a Short-Term Decline [View article]
Now this may sound a hint of subversion but the funny thing about that is. The power players do the same thing day in and day out but it's not called that when they do. Micheal Douglas said it well enough for me, .........................
Why Gold is Likely to Keep Moving Higher [View article]
could just happen upon the unimaginable but are also
confined to the same terms as central banks, despite the possibility that a global populace should still find
it desirable? I fully understand the need to control the
price, where reasonable. But, what happens if the public decides that power should belong to them?
Peak Oil, Gold and the U.S. Dollar [View article]
Is Gold Unstoppable? [View article]