ManAboutDallas

Gold Bugs Are Warned, Again

How about we laugh at you now, and laugh even harder, later? Anyone who can't use "here" and "hear" correctly in a sentence doesn't have enough working gray matter to form an opinion about anything, let alone express it.

Anyone who thinks the current gold market is in or anywhere near a "bubble" has never, ever seen or been in or even around a real bubble, nor able to recognise it for one if they had.


On Dec 11 08:51 AM Tomcat101 wrote:

> The smart money has already taken their money out of the gold bubble.
>
>
> The slightly less smart money is on CNBC pimping gold to try to get
> that last little bit of pop out of it.
>
> The dumb retail investors are still buying at the top.
>
> Here[sic] me now, believe me later.

Silver Prices Are About to Fall

You'd be AMAZED at the number of so-called "educated Americans" who somehow, amazingly, still believe the world starts at the Statue of Liberty and ends at the Golden Gate Bridge.

China is still taking batting practice; for them, the game hasn't even begun.

For the U.S., the game is long-ago over, and the "team" is still on the field trying to figure out how they lost.


On Nov 07 09:15 AM Echute88 wrote:

> The guy who wrote..."Two words. Beijing put" is right on the money.
> China has advertised on TV for its citizens to invest in silver/gold.
> Mr. Goodman obviously knows nothing about Chinese culture or losing
> face. China WILL support/maintain the price of gold and silver at
> certain levels.....and trust me.....they won't let it go to $11 bucks
> and piss off the peasants.

Silver Prices Are About to Fall

The dollar carry trade is here to STAY for as long as the US$ is the currency equivalent of Charmin, and the Fed isn't about to stop the pre$$e$ now running at redline RPM, as the Sikorskis keep taking off from the Wizard Of Oz Memorial Heliport. The $ is the new Yen, and will be for the next 20 years, just as the Yen was for 20 years.


On Nov 05 12:27 PM doubleguns wrote:

> Rumors of a collapse of the dollar carry trade are starting and that
> will cause exactly what this article says. I love silver but if this
> starts to happen I suggest stops in your paper silver and wait patiently
> with an eagerness to back the truck up.
>
> Sometimes wishes do come true.
>
> Short term possibility, but long haul silver on a tear.

Silver Prices Are About to Fall

Buffett is buying railroads because they're going to be the most efficient way of moving what few goods there will be to move when diesel is $10 a gallon and still rising. He's not making any huge bet on the American economy, he's making a Hobson's Choice.


On Nov 05 02:31 PM Russell Upsomgrubb wrote:

> Warren Buffett is perhaps the most successful investor of all time
> and just bough Burlington Northern, making a huge bet going forward
> on the growth of the American economy over the next 5-10 years. If
> he is correct, I see the dollar strengthening over time. The consensus
> on Wall Street is so often wrong and the vast majority of traders
> are short the dollar. Buffett is an investor, not a trader. He believes
> in the long term creation of wealth, not trying to get rich overnight.
> Mark Faber, a doomsayer, claims the value of the dollar will eventually
> fall to zero. Gee, I'll bet he owns a lot of gold.

Silver Prices Are About to Fall

Sounds like 'ole Avery is about to get the Margin Call Of His Life on his silver shorts. That's why he's trying so desperately to convince himself - and, by extension, us readers - of something he doesn't really believe. Intellectual dishonesty is the first haven of panic.


On Nov 05 09:15 AM xearther wrote:

> Whenever I see an article begin with "don't get me wrong" the caution
> light glows bright. Same with that subtly manipulative word "clearly"
> (takk for not using it).
>
> "Lover of silver", eh? If that's true, then I think your article
> is a great example of the old phrase, "can't see the forest for the
> trees".
>
> Beyond fiat currencies, beyond discerning what's real and what's
> not (money-wise), besides the fact that they don't call him "Helicopter"
> for nothing... you did not mention the "elephant in the room": JPMorgan
> short 190 million ounces of COMEX silver futures.
>
> There is going to be a High Noon moment before this month is over
> with CFTC Commissioner Bart Chilton and Chairman Gary Gensler baring
> their six guns.
>
> Silver to $11? You're a funny guy, Mr. Goodman. A very funny guy.
>
>
> For those wishing to get a better view of the forest, I recommend
> a visit to the mind of Ted Butler: www.investmentrarities...

Gold: The Moriarty Warning

You gun nuts are a hoot. Your "weapons stash" will be worthless the minute somebody - more than likely MANY "somebodys" - shows up who's a better or luckier shot than you are.

Then they won't be prying your gun from your cold, dead fingers. No, they'll be prying your gun from your still-warm, maybe even still-alive fingers, right before they put you out of your misery with one final shot right between your eyes, while you're crying "Mommy!".

On Sep 19 08:00 PM The Geoffster wrote:

> but I'll probably need my weapons stash too.

Gold: The Moriarty Warning

Really a shame Moriarty is such a megalomaniacal, hubris-consumed nutcase who thinks he's an expert on everything; on the few occasions he really does have it right, nobody pays attention.

Silver Wheaton: Propelling Itself to the Top of the Food Chain

I used "bought deal" as an ANALOGY, not a literal description.


On Sep 09 08:08 PM Hyperinflation wrote:

> bought deal financing is issuing equity to finance a deal- and it
> is not 100% equity issuance, they will use their 70m of cash on hand
>

Silver Wheaton: Propelling Itself to the Top of the Food Chain

Do you know what a "bought deal" financing is ? That's pretty much all Silver Wheaton does, only their "bought deal" is of the silver production of other companies for whom silver is a by-product.


On Sep 09 02:51 PM NUCLEAR1929 wrote:

> nice rally made, do they have any silver or its all in the development

Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist?

[G]enius "or" alarmist ? Why must there be the implied choice? Is a genius incapable of also being an alarmist ? And vice-versa ? The real, salient question, however, is: Which of Dr. Leeb's premises are correct, and which are not ?

Your discussion of the "BRAC" countries is incomplete without the inclusion of New Zealand. It lives and labours in the shadow of neighbouring Australia, and is thus - unfairly - relegated to afterthought status when it is not deserving of such. But it is poised to enjoy the same good fortune as Great Britain did in the 70's and 80's when its vast hydrocarbon deposits are exploited over the next several decades.

Apples of Gold, Settings of Silver, and Barrick Gold

Sure, CDE on the NYSE


On Mar 22 04:51 PM TedM wrote:

> Could I please get a stock symbol for Couer?

Apples of Gold, Settings of Silver, and Barrick Gold

I doubt it will take even that long. Check back to a silver chart from 1979 as silver was launching "The Hunt Moonshot". Yeah.. yeah... we all know how that ended, but my point is that right now the launch pad looks practically the same.


On Mar 22 12:29 PM Marc Courtenay wrote:

> You are 100% correct Yellowhoard. I anticipate it breaking through
> last year's high of $21.50 by the beginning of 2010.

Apples of Gold, Settings of Silver, and Barrick Gold

Darn lysdexia... I meant Coeur

Apples of Gold, Settings of Silver, and Barrick Gold

The late Friday afternoon action in some of the mostly-pure silver plays was a sight to behold. A good example was Couer, up 23 cents in just two days from $0.65 to $0.88; that's a 35% gain. Monday should be "interesting".

Jeffrey Christian: Foreseeing Bright Days for Metals

"The other thing is that for the dollar to collapse, some other currency has to rise very sharply."

That "some other currency" is GOLD ITSELF, Mr. Christian. Gold IS a currency.