nmelendez

Gold: The Moriarty Warning

Problem with GLD and SLV is theye are taxed as real gold. So when, say, you sell 50% of your GLD it gets taxed at 28% while the miners are considered stocks and taxed at the capitol gains rate. Sorry, i am not about to increase my taxes by 8%. Also i believe it's considered a short term gain on an annual basisi so you get taxed annually independant of time held. I think i'll stick with the real thing and the miners.

Is the U.S. Dollar Headed for a Mighty Crash? Part I

BTW since the world has evolved to the same level as the US, where's other countries stealth technology? i mean China's stealth bomber/fighter.

Is the U.S. Dollar Headed for a Mighty Crash? Part I

So now the US dollar is at .3. Do you think we will be buying from China? Or do you think we will be selling to China? And here i thought China wanted their people to have jobs. What am i missing?

Will Gold Stock Earnings Surprise Anyone?

I sure hope gold goes down so i can buy more on the cheap!!!

Are We More Like 1932 - or 1923?

I'm elegible for retirement....and plenty of gold and silver and USD :)
Plus only owe 160,000 on my house. What can i say ,,,,i'm a miser :)


On Apr 11 03:01 AM johngonole wrote:

> Allan,
>
> I'm afraid that stagflation might be the best thing we can hope for.
> If the Fed times everything just right we might get it. Otherwise
> I can completely see the Fed pressing down on the gas too long only
> to realize they are about to run the car off the road when its too
> late to stop. I see the Fed printing and printing until the velocity
> of money begins to normalize. The problem is with all the fear mongering
> the press loves to do (this bad economy story will never die.....Obama
> should have been careful what he wished for.....and he clearly wished
> it) people are going to increase their savings rate and the unemployed
> will greatly reduce their spending. The Fed will continue to print
> money far to long. When good times begin to emerge their will be
> far too many dollars in circulation. Foreign held dollars may also
> start to find their way back into this country. The Fed can try
> to buy back all those dollars but with what???? Will all those toxic
> securities be worth anything? And we know the federal government
> isn't going to be paying down the national debt anytime soon. So
> once things take off I think they will really take off. Then the
> medicare and social security crisis will happen and tax rates will
> go way up slamming the breaks on the economy. The point is that
> I think the Fed has lost its ability to control the money supply
> and the economy via money supply control because they really won't
> have the options. Medicare and social security will require more
> money be printed.
>
> My advice is to save up about a year or two worth of money so you
> can survive unemployment with reasonable security. After that spend
> you money on assets of any kind that will hold their value. Over
> the next ten years buy real estate, precious metals, and anything
> else you think you will really need (lawn mower, new fridge, new
> stove....whatever) Spend it because prices must go up.

Are We More Like 1932 - or 1923?

JEJEJEJEJE....that's why Volcker is in the backburner! He's Obama's trump card. Personally i am not a gold bull, more a commodities bull since ALL commodities are going...up, up and awaaaaaaaaaaaaaaaaaaaa...


On Apr 09 11:22 PM Conan the Barbarian wrote:

> High Inflation, probably. Volcker will be brought back into the limelight
> to soothe the savage inflationary heart. Probably by the end of the
> year.

Did the ECB Save Comex from Gold Default? (Part 2)

I have this funny sensation that Gold is being bought with the USD via the banks and then passed to treasury as a gaurantee on the TARP funds. I do not really believe the US would leave itself in a vulnerable position. All Banks are buying gold but via third parties and in a way that is opaque to the general populace. Just this funny sensation that conspirationists might have it backwards and the US is BUYING gold with USD, not selling.


On Apr 07 10:34 AM Avery Goodman wrote:

> Generally speaking, I agree with you. I think further that the derivatives
> dealers would have a terribly difficult experience in continuing
> with the alleged gold & silver pricing fraud, if people, especially
> any of the larger hedge funds. If two of them could bought 50,000
> contracts each, and then stood for delivery, that would end any possibility
> of continuing the alleged conspiracy.
>
> Since most of the shorts are probably naked, gold would not be available
> to satisfy the deliveries. The ECB and/or the Federal Reserve would
> be forced to make a huge and dangerous policy decision, to bail them
> out.
>
> If the same thing were done in the silver market, since the sovereigns
> have no silver, and the shorts are even more certainly naked, the
> result would be complete implosion.

Did the ECB Save Comex from Gold Default? (Part 2)

To the author----> That's what were waiting for, the first failed delivery. :)

High Number of Gold and Silver Mergers Forecasted

I also own NXG. Also have Coluf and Jinn. Jinn is my favorite play though. One of chinese largest juniors with over 6 million ounces and only 163 million shares. Already started production. Kicker is China Gold bought 42% of the stock and is subsidizing them.

Dennis Gartman on Gold, Oil, Government and the Economy

I love his take on the regionals. There is just one itsy bitsy, teeny weenie problem with his view, CRE or also known as Commercial Real Estate. Need i say more?

John Doody: A Winning Situation for Gold Stocks

Gold stocks are down due to the deleveraging. However it went down only 20% compared to all other commodities. I am bullish on gold only because of the human mentality. The world has determined gold is a currency. Therefore it will trade like any Forex currency. In the long run it will overcome the dollar. Not now, maybe not in 3 years but eventually it will. The last 10% of the curve is where the money is made.

Gold Prices Finally Catch Fire

Let's see, 1 bushel of corn for 1 barrel of oil. I have oil in the US, do you have corn in kuwait? jejeje


On Sep 22 05:49 PM rcraig wrote:

> Face it folks, the idiots are running the markets right now. They
> sit back in their easy chair and let the software program make all
> the decisions for them.
> A computer program doesn't have the ability to predict what is going
> to happen in the future no more than any person trading stocks does.

>
> By all reason of human nature people should be loading up on comodities
> to shore up their position and ensure the confidence in the base
> medium used for trade (the dollar). Unfortunately computer programers
> never considered haveing to tread on this sort of ground. all the
> programers though of is a market that would continue to go up endlessly.

>
> News flash, there is a maximum level of confidence a certificate
> of trade can provide without demaning someone showing off the goods
> they represent in the trade.
> I perdict a new standard for all currencies around the world in the
> next five years. Some counties will start using consumable goods,
> some will use gold, and some will use other prescious metals. Get
> the picture, we will all soon revert to the old caveman standard
> of barter if the confidence in the US Dollar completly collaspses.

First Fuel, Now Metals - Forecasts Lowered

Reminds me of Lehman's: "Were perfectly funded with no liquidity or subprime exposure" jejejeje. Wonder what percentage of their stocks is in precious metals.
Hey Bush, it's "...fool me once shame on you, fool me twice shame on ME!!!!"

Using the Gold to Oil Ratio to Monitor Gold Equity Investments

The relationship still holds if you take into account that the dollar value is at .75. Multiply the 120 X .75 and gold comes out to approx. 900, it,s present value. I believe oil is now more valued than gold . So if oil goes to 200 and the dollar value stays fixed we will see gold at about 1500. However if the dollars value goes down to .5, you will see gold at 1000 with 200 dollar/barrel oil. Very funny relationship.

$200 Oil, $2000 Gold?

I'm only putting in 150, what's left after debt. I'm also into verasun (VSE) as an alternative temporary play and into (ncen), new micro cap windpower generation. The only question i have now is when nanosolar stock will come into play. They make Solar cells at 1 dolar per watt! It's cutting edge technology will wipe out the competition.