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  • August Buying Time for Gold [View article]
    Nope, they take gold on lease from Central Banks. As a matter of fact if you ask to exercise your right for the gold they give you a litttle piece of paper that says you are the proud owner of one ounce(or what ever amount) of gold, not the physical stuff. :). No gold in this mine.


    On Aug 11 09:43 AM Mayascribe wrote:

    > Isn't GLD still buying gold?
    Aug 11 14:28 pm |Rating: +2 0 |Link to Comment
  • Gold Miners Poised to Reap Profits  [View article]
    Who cares about NWO, this planet is about to be wiped clean jejeje


    On May 12 02:25 PM dangerbird9 wrote:

    > Apparently GMiki1 is unaware of the power, control and history of
    > the Rothschild central banks.
    > The NWO is very real. There is more to the news than FAUX and the
    > rest of the controlled mass media.
    May 12 20:34 pm |Rating: 0 0 |Link to Comment
  • Are We More Like 1932 - or 1923? [View article]
    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.
    Apr 12 19:50 pm |Rating: 0 0 |Link to Comment
  • Are We More Like 1932 - or 1923? [View article]
    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.
    Apr 12 19:47 pm |Rating: 0 0 |Link to Comment
  • Did the ECB Save Comex from Gold Default? (Part 2) [View article]
    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.
    Apr 12 19:39 pm |Rating: 0 0 |Link to Comment
  • Did the ECB Save Comex from Gold Default? (Part 2) [View article]
    To the author----> That's what were waiting for, the first failed delivery. :)
    Apr 06 22:35 pm |Rating: +2 0 |Link to Comment
  • High Number of Gold and Silver Mergers Forecasted [View article]
    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.
    Jan 29 11:18 am |Rating: 0 0 |Link to Comment
  • John Doody: A Winning Situation for Gold Stocks [View article]
    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.
    Jan 21 20:16 pm |Rating: 0 0 |Link to Comment
  • Using the Gold to Oil Ratio to Monitor Gold Equity Investments [View article]
    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.
    May 06 13:16 pm |Rating: 0 0 |Link to Comment
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