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Peak Gold: The New Paradigm

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I am only concerned with what will happen in my lifetime, at most 30 more years. Gold has value because PEOPLE decided it did. There are many things more rare than gold. They can change their minds. You can say that the dollar might lose its value but you cannot say that it will lose its value. This is unknowable. As you say opinions like mine are why gold and silver are cheap. Exactly my point! The value of gold is what people decide it is. If the stock market bull returns GLD will be forced to sell large quantities as investors go back to stocks. Most of my stocks pay good dividends. My gold holdings depend strictly on the greater fool theory that there will always be someone wanting to pay more.

Peak Gold: The New Paradigm

A major difference between oil and gold is this: A gallon of gas created a hundred years ago no longer exists. It is gone, vanished. An oz of gold created a hundred years ago most likely still exists. It may be diluted in 12 K jewelry but it is still recoverable. Oil is important because it is necessary to the functioning of civilization. Gold has no function. It may be desirable but it is not needed. Folks cannot decide that they don't need oil. They can decide that they don't need gold because, in fact, they do not need it.

AT&T Ponders iPhone Data Fee Cut: They Must Think Customers Are Stupid

A great number of people have bought the IPod Touch and also need a cell phone. AT&T should have a plan for voice only, no data which would appeal to these people. They could even raise the price of the phone by $100. The advantage is that they would gain subscribers and have no additional load on their over capacity 3G network. At some point the subscriber might decide that they want data and income would go up. I would leave Verizon in a NY minute if they offered such a plan. As it is, by the end of the summer I will probably get a Touch and stay with Verizon. Alas I think this is too far outside the box for Mr. de la Vega

Dell's Perplexing Strategy

Dell should jest sell its computer business and return the money to the stockholders.

It's What Apple's Not Doing That Has Analysts Worried

Are these not the same analysts who early on proved that Apple could not be a success in the retail store business.

Is AT&T to Blame for 3G's Performance in the iPhone?

It is certainly possible that it is a chip/software problem. When the phone has problems securing a 3G connection it switches to 2 G. This can happen under severe load at the cell tower. If the phone parameters are set conservatively it can switch quicker than necessary. Very hard to test this type of load condition

$200 Oil, $2000 Gold?

A headline that states $200 oil and $2000 gold does not make it so. You give nothing to substantiate this headline. It does not even rise to the level of a prediction. In fact using the real estate example why would you not think gold could collapse? Unlike oil, gold is not a necessary item.

Steel Dynamics, U.S. Steel Should Jump on Morgan Stanley Note

Amazing! Morgan Stanley makes big bucks from their analysis yet where were they back 3Q 07 when STLD was a real steal. STLD has a long way to run but it is better when the run begins at $21 rather than $34.