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relmor » Comments » GLD

  • Gaza War: Expect a Spike in Oil, Gold [View article]
    And and I love misinformation....I read someone that Belarus sold gold to defend their currency...Thats ironic, and they should have know it wasnt going to work...Only compounds the problem as you dwindle real assets for paper..If the paper falls again, you now have less real assets to support your lower paper values, this causes a larger fall than if no gold was sold...
    Jan 04 13:21 pm |Rating: +1 -2 |Link to Comment
  • Gaza War: Expect a Spike in Oil, Gold [View article]
    As the dollar is stronger when gold was last at 880, the price of gold rose significantly in 08, continuing is bull run. This year will be no different. As all other asset classes have fallen, gold has risen.YTY it is up around $50 from last dec. 31st date. This is no coincidence. Even with 2 large banks holding most of the short interest into one lump immovible sum, gold still rose YTY. 09 will leave banks less firepower, and less news to support lower gold, so they will have to let it go up a bit more than last year, percentage wise...Obama is great for gold, as deficit spending will reflect in a weaker dollar and stronger gold prices to match...Expect huge premiums for physical vs. paper gold to rise dramatically this year as bank confidence and COMEX trust fades...If just 5% of future contracts were to take delivery it would wipe out COMEX's gold customers and send the price to the moon...Buy gold in its physical form now, while you still can find it..
    Jan 04 13:19 pm |Rating: 0 -2 |Link to Comment
  • Gold: The Next Reserve Currency Player [View article]
    Be out of all paper, and into physical by March of 09.
    Nov 30 09:38 am |Rating: +2 0 |Link to Comment
  • Gold: The Next Reserve Currency Player [View article]
    Dont buy the GLD. Its an end game scam. When a rush of investors ever demand there gold, they will be in for quite a surprise. Also could crash any day because of that. Physical gold cant crash. Gold stocks will outperform gold for a while anyway, as the charts are dipicting.
    Nov 30 09:37 am |Rating: +1 -2 |Link to Comment
  • Gold Equities Should Reward the Patient [View article]
    I wish people would realize that banks shouldnt exist. IF every american were responsible and lived within their means, banks would have no function other than to charge us a small monthly fee to store our gold their(now toilet paper).
    Nov 26 07:26 am |Rating: 0 0 |Link to Comment
  • Gold Equities Should Reward the Patient [View article]
    Dont buy and hold the GLD long term. Do you really think theres gold in their warehouse? I suspect their is very little actual gold available for delivery from Barclays. There a bank that cant be trusted, like every bank on this planet. I wouldnt use banks to store my value until they remove my deposits from their liabilities side of their balance sheet. And stop making loans against my deposits. Then I may consider banks as anything more than legal criminals. Thats all banks are. They are designed to hand you toilet paper, and then charge you interest on the toilet paper.
    Nov 26 07:25 am |Rating: 0 0 |Link to Comment
  • Countdown of Manipulated Gold Price Running Out  [View article]
    I know for a fact coin shops wouldnt sell gold or silver anywhere near spot when it went to 773. In fact, he wouldnt sell silver at all. Why should he? He knows the paper price is a joke, and he is waiting to sell much much higher.
    Oct 15 20:40 pm |Rating: 0 0 |Link to Comment
  • Gold Bull Sees Huge Run for Gold [View article]
    This guy who they interviewed isnt telling half the true story of gold.
    There is a MAJOR supply problem coming with gold next year, IMF and Central Banks sold the last of the gold they agreed to sell this month. Thats it, theres no more covering the shortage. Let me spell this out of you. WE MINE LESS GOLD A YEAR THAN WE CONSUME(interesting word for gold, consume, you could say purchase and hold, use in industry, store for value, etc....) Basically taken out of the market. The central banks have been covering the difference for years.
    The only reason spot gold isnt 2000 right now, is because of illegal manipulation by the FED, banks, and our government. Our government needs to be impeached and removed(yes every member of the congress and supreme court, etc.. and removed. SEC is the most corrupt organization in view(market manipulation this year is beyond disgusting.)
    Sep 20 12:46 pm |Rating: 0 0 |Link to Comment
  • Gold Bull Sees Huge Run for Gold [View article]
    1920's was soooo different, the FED caused that depression by removing the money supply. They are adding to it this time as it is destroyed. Very inflationary. Confidence in the value of the dollar (from foreign eyes especially) tanks the dollar. Dollar index will be at 50 in under a year.
    Sep 20 12:33 pm |Rating: 0 0 |Link to Comment
  • Gold Bull Sees Huge Run for Gold [View article]
    Did he actually ask if it was going to be a deflationary recession or inflationary? Who is this guy? DDDAAAAAHHHHHHHHHHHHHH...
    Did no one watch or read the news the last 6 months? The government is going to inflate it away, its begun months ago. Get a clue, dork. Have you seen the borrowing chart from the FED this year to banks? Have you noticed? Thats all fake money, and that my friend is inflationary.
    Sep 20 12:32 pm |Rating: 0 0 |Link to Comment
  • Law of Supply & Demand Is Dead for Gold & Silver  [View article]
    If coin shops(the only local outlet to buy the product in question) refuse to sell at spot, or do not have stock(I live in a very large city, and silver was done here, period) and you see prices dropping and their is a reason, and its valid, then coin shops should have been desperate to sell to you at those prices, seeing larger losses possibly in the future. Now Kitco will pay you a huge premium over spot to BUY you coins, etc...
    O, and its not 20 percent of the short side, 6 investment banks hold, oops I mean 5 investments banks(LOL) hehehehe now, 5, hold 80 PERCENT OF THE SHORT INTEREST IN GOLD. 20 percent? BLLLLAHAHHAHAHH
    Your figures are WAY off. You people dont understand how manipulated it really is, this guy is just hitting the tip of the iceberg. But these points are nothing new, and gold people call it the 9 o clock plunge. Happens 90 percent of the time, New York NEVER RAISES GOLD. How is that mathematically possibly. Basically London and New York tell the world they are wrong 90 percent of the time about the price of gold. Wow, what a terrible track record the world has.
    5 banks cannot be allowed to hold 80 percent of one side. Thats not only not fair, but illegal, and it happens every day. And it will continue to happen until the people of this country demand fair markets.
    Stock market is a joke, and now they have made futures markets a joke. Holding physical gold and silver is the ONLY safe investment left.
    Sep 16 05:44 am |Rating: 0 -1 |Link to Comment
  • Gold Futures' Dirty Secret (Part II) [View article]
    Best way to hold gold, is in physical form, not certificate or in the GLD. When the GLD hits 1200 or more, and people want their gold, they will be in for the surprise of their life. It wont be there, just like fractional reserve banking says everyone cant have their cash at the same time. Holding your gold with a bank is like asking a theif to hold your wallet. Good luck with that.
    Sep 06 06:50 am |Rating: 0 0 |Link to Comment
  • 6 Golden Investments for a Commodities Bounce [View article]
    Yes Kunst, do the math. If demand for resources of any kind only goes up 7 percent a year, in 12 years output needs to double from current production.
    Aug 31 08:43 am |Rating: 0 0 |Link to Comment
  • Stay Clear of Traditional Asset Classes  [View article]
    Thank you for your response Mike, I will withdraw the naive comment, and replace it with hopefull, I apologize. You are very informed about the details, true. As for the ETF, I mean its bad for , hey I need my gold, like NOW, situation. And if you buy and hold, over time, you will not lose. So its a win win. And yes, every once held by citizens, is one less ounce the central banks control you. Agree with it or not, thats up to you. If everyone bought 1000 worth of gold in the world who could afford it, you do the math on supply. Every person in the world should hold at least 20% of their savings in physical gold or silver. Its a no brainer these days.
    May 06 20:53 pm |Rating: 0 0 |Link to Comment
  • Stay Clear of Traditional Asset Classes  [View article]
    O, and how dare you write an article like that an not recommend physical gold or silver. Its the only way to insure your product when you need it. You can always sell it if you want too. If you want to play with GLD, then your limiting your profits. Same with SLV, waste of money. And plus, by buying physical you actually take a limited resource out of the market. If everyoen bought gold and silver, instead of jerked off on the etfs, gold would be im guessing at least 1-10 percent higher? That would compound over time, plus if we buy it, it would force all the central banks to buy it, driving up the price even more, and ever time gold adds a dollar, it sticks a knife in every elitist wallet, and im not talking Rupert Murdock and Warren Buffet, those guys arent rich, trust me. Im talking about the real elite, the ones that have invisible income. I wont name names, but go through the worlds richest people list, and you will notice an alarming lack of who you would think would be there. They are nowhere, because they dont want you to know how much of your money(its trillions folks, yes there are trillionarie familes out there).
    May 05 22:59 pm |Rating: 0 0 |Link to Comment
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