jetsby10

Gold: The Only Remaining Bubble?

Well Alan, you've come a long way since December since you said "I am not here today to gloat despite the fact that gold has plunged since I wrote that article on October 11th". You aren't gloating anymore. Btw, in October you said "Silver, palladium and platinum are all plunging. Why shouldn't gold?". Well, Silver, Platinum, and Palladium are all rising now. Do you still want to apply your same logic going forward? Or lemme guess, Silver and Platinum are starting to bubble as well too?

Analysts Are Bullish on Gold: Should You Be Worried?

"2150% over 10 years in the until 1980. What happened after that to gold prices?"

they came down to finish at a 1000% gain. Oh the horror.

Deflation, Monetary Velocity, and Why Gold's a Buy

you've never had a period in history where every central bank in the world has resorted to printing money at a record pace. This has always ended one way. Inflation. People always talk about deflationary forces. I agree, every friggin force in the global economy is deflationary right now. The only thing that is inflationary is the central banks. As long as they have a monopoly on their currencies and continue to act in coordination with each other, you will have inflation.

How the Treasury Bubble Will Burst and Why

The bond market is just another ponzi scheme. They have never paid off a single bond without selling another bond to pay off the person collecting. All ponzi schemes collapse once there is no one new to enter the market. With the media screaming for everyone to "flock to the safety of bonds" there will be no more new participants to enter, at which point, they must default on those bonds or "gasp" actually pay them. If they pay them, they can't do it through raising taxes. They'll print the money, make good on their so called promise, and we'll end up with a bunch of worthless money.

Gold Loses Its Shine

"What the gold bugs fail to answer is why does gold represent true wealth? "

Or maybe they've just answered it and you've never listened. It's rare, it's shiny, it's divisible, it served as money for thousands of years, it can't be counterfeited.

"If you need to invest in a commodity, why not skip this middle step and buy oil and corn as opposed to gold?"

Not bad advice. On the flip side, those are paper promises as well. If you want the real stuff, you would be hard pressed to store enough of it in your house. Maybe you should research what the function and purposes of money are.

Gold/Silver Ratio Is High, But It's Been Higher

Why not just go long silver and sell gold. I wouldn't be shorting gold right now.

Gold's Not the Best Investment in Inflationary Times

""The true reality is that inflation CANNOT exist without increased economic activity."

So tell me, why what the hell was with those recessions in the 70s while we had "runaway inflation"?

Is It Time to Buy Gold?

Dr. Jackpot, if you are 78 years old, then you spent the first half of your life buying things with gold. You were just too ignorant to realize it. That's why they were able to drop the US dollars peg to gold while you were probably more concerned with buying a Camaro to satisfy your midlife crisis.

Dow Will Equal Gold in 2009

Byron, I see plenty of "sell your gold commercials". The only buy gold commercials I see are gimmicks where they charge you double the price of the metal.

Five Questions on Gold for the House Banking Committee

".if you had a cellar full of food, would you trade it for all that gold?"

if I had a farm full of food, I would certainly trade it for some gold. An acre of land can produce thousands of pounds of berries. That's more than anyone can eat. What's a farmer to do? Sell it! Right now you barter for dollars. If the dollar gets creamed, you barter for gold/silver or you just barter by trading. It's obvious you would prefer to just barter with no money. I suggest you talk to someone who's lived through hyperinflation. I know 2 people who have. 1 from Bulgaria and another from Argentina. While it's great that you stocked up on food, it wouldn't hurt you to have some real precious metals in your pocket. The world does not end when your currency collapses. In fact, a black market forms for foreign currencies and the currency that has survived for 5000 years, gold.

Surprising Call for Return to the Gold Standard

the hand,

we weren't on a gold standard in 1929. The government printed way more bills than gold they had to back it. That's called abandonment of the gold standard and it was the primary cause of the Roaring 20s stock market bubble. When people realized this, they tried turning in their cash for gold and the government said no. They then reset the price of gold to $35. That's not a gold standard. Had they not printed any additional bills that they had no gold to back with, there would have been no stock market bubble in the 20s.

Gold and Silver Are Not Proven Inflation Hedges

So let me get this straight, you post a graph of gold and silver over 100 years hovering around the rate of inflation and it's not a hedge how? Seems to me that gold/silver have performed well over the past 100 years protecting you from inflation.

Attention Gold Bugs: Hyperinflation or Deflation?

Mr. Cafee might want to take a look at the price of GE during the 70s when we had massive inflation.

Attention Gold Bugs: Hyperinflation or Deflation?

Who's going to have the cash to buy gold? I dunno, someone will. Hank Paulson has about 700 billion dollars in his closet right now.

Gold: Protect Yourself from Future Inflation

raytayzmd, Does Jim Rogers manage any funds? He's got a few indexes named after him. He avoided the tech bubble. He avoided the housing bubble/CDO explosion. Rogers predicted the commodity boom back in 98. He was short Fannie Mae and Freddie Mac and all investment banks since last year. He's been spot on.

Jesus, you could figure this stuff out googling his name.


On Nov 12 12:20 PM raytayzmd wrote:

> I am so sick of hearing about Jim Rogers and his opinions...does
> he manage any funds where we can document his performance?...none
> that I know of...does he publish his brokerage statements to verify
> the trades he claims to be making?...I haven't seen any...the guy
> made his money with Soros thirty some years ago and then retired...for
> all anyone knows he may have done nothing more than Robert Precther
> who made a few million trading twenty years and then parked it in
> treasury bills and who since then hasn't been right about much of
> anything...