DiverCity's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/208414/comments http://seekingalpha.com/article/174088-faber-gold-a-better-buy-than-at-300-oz?source=feed#comment-809212 809212

On Nov 20 12:57 PM CLH wrote:

> Watch the dollar. It seems to be bottoming. Im happy to be out of
> gold now as the bubble grows.]]> Wed, 16 Dec 2009 19:23:14 -0500

On Nov 20 12:57 PM CLH wrote:

> Watch the dollar. It seems to be bottoming. Im happy to be out of
> gold now as the bubble grows.]]> http://seekingalpha.com/article/176210-the-recurring-gold-bubble?source=feed#comment-809208 809208

On Dec 03 11:05 AM CLH wrote:

> There is only one good way to know if its time to buy or sell gold.
> If all govts. are selling buy with both hands (year 2000). When govts.
> buy, its time to sell. (2009).]]> Wed, 16 Dec 2009 19:21:04 -0500

On Dec 03 11:05 AM CLH wrote:

> There is only one good way to know if its time to buy or sell gold.
> If all govts. are selling buy with both hands (year 2000). When govts.
> buy, its time to sell. (2009).]]> http://seekingalpha.com/article/178183-an-unbelievable-investment-opportunity-in-gold?source=feed#comment-808079 808079

On Dec 16 08:33 AM CLH wrote:

> More garbage from the gold bugs.]]> Wed, 16 Dec 2009 09:00:23 -0500

On Dec 16 08:33 AM CLH wrote:

> More garbage from the gold bugs.]]> http://seekingalpha.com/article/178183-an-unbelievable-investment-opportunity-in-gold?source=feed#comment-807641 807641
But more to the point, I'm not a gold bug. I own some, but not a lot relative to my other investments. Surely gold has a legitimate place in one's diversified portfolio, which you seem not to acknowledge. Indeed, you appear to be a paper bug. In fact, I hereby declare that you are a paper bug, and therefore you are. (Do you see how hysterical ramblings are a little weird? Such as you accusing me of claiming that "we are on the economic abyss and production and all economic activity will fall into a giant hole...." Pray tell where I made this claim?)

You failed miserably to address my points, which concentrated primarily on the possibility that the much heralded economic recovery could be a chimera. I don't categorically state that it is, however, because I don't know. That's why I like to hedge.

And respecting the abyss, there are various kinds, no? Such as a hyperinflationary abyss, a deflationary abyss (the only kind you seem to allow for), and a stagflationary abyss much like the US experienced in the 70's. Yet, maybe; just maybe, you know it all and we should all become your acolytes and buy whatever it is you've got to sell. Reckon?


On Dec 15 07:46 PM Brian McMorris wrote:

> Sorry....again, you goldbug folks need to check the historic record.
> If, as you say, we are on the economic abyss and production and all
> economic activity will fall into a giant hole, then gold is the LAST
> place you want to be. Gold performs horribly during a deflationary
> depression, as long as it is floating, as it is now. Didn't we just
> see that in the mild deflation in 2008? Did gold prices shoot up?
> No, they fell 30% like all commodities did.
>
> If you think that is a one-off, and you have some intellectual integrity,
> go to the Kitco.com website and check the history of gold prices
> back over 200 years, and then compare them to the business cycle
> back to 1800. Every time there was a deflation, gold stayed constant
> (because gold was the currency of the time). But because there was
> a deflation, the gold standard made matters worse. There was no ability
> to "loosen" gold and holding gold discouraged consumption, just as
> the dollar was in Oct 2008. But the dollar can be "loosened" by
> increasing supply (printing in the outdated term, since it is all
> electronic transactions today). The currency makes no difference.
> It is consumer psychology that matters and the idea that one can
> always buy something (in gold or paper) cheaper tomorrow than today
> that causes the downward spiral of a depression. That is the nature
> of deflationary depression. It has nothing to do with the base of
> the currency.
>
> Gold is a decent hedge against inflation, but so are lots of equities
> and commodities. Gold did NOT outperform non-financial equities in
> the 1970s. They kept pace with each other (oil went from $3.39 a
> barrel in 1970 to $37.42 in 1980, much better than the move in gold
> from $35 to $612, but with gold playing catch up from 1933 the first
> four years of that decade, the move was really more like $100 to
> $612; then gold and oil both dropped when Volcker tightened money
> supply). And that makes logical sense as the dollar is only (and
> will only ever be) a RELATIVE measure of value.
>
> Goldbugs better wake up and start to understand what they are dealing
> with. A lot of people will be hurt by the bursting of a gold bubble
> blown up by the speculation that I see here.]]> Tue, 15 Dec 2009 22:19:42 -0500
But more to the point, I'm not a gold bug. I own some, but not a lot relative to my other investments. Surely gold has a legitimate place in one's diversified portfolio, which you seem not to acknowledge. Indeed, you appear to be a paper bug. In fact, I hereby declare that you are a paper bug, and therefore you are. (Do you see how hysterical ramblings are a little weird? Such as you accusing me of claiming that "we are on the economic abyss and production and all economic activity will fall into a giant hole...." Pray tell where I made this claim?)

You failed miserably to address my points, which concentrated primarily on the possibility that the much heralded economic recovery could be a chimera. I don't categorically state that it is, however, because I don't know. That's why I like to hedge.

And respecting the abyss, there are various kinds, no? Such as a hyperinflationary abyss, a deflationary abyss (the only kind you seem to allow for), and a stagflationary abyss much like the US experienced in the 70's. Yet, maybe; just maybe, you know it all and we should all become your acolytes and buy whatever it is you've got to sell. Reckon?


On Dec 15 07:46 PM Brian McMorris wrote:

> Sorry....again, you goldbug folks need to check the historic record.
> If, as you say, we are on the economic abyss and production and all
> economic activity will fall into a giant hole, then gold is the LAST
> place you want to be. Gold performs horribly during a deflationary
> depression, as long as it is floating, as it is now. Didn't we just
> see that in the mild deflation in 2008? Did gold prices shoot up?
> No, they fell 30% like all commodities did.
>
> If you think that is a one-off, and you have some intellectual integrity,
> go to the Kitco.com website and check the history of gold prices
> back over 200 years, and then compare them to the business cycle
> back to 1800. Every time there was a deflation, gold stayed constant
> (because gold was the currency of the time). But because there was
> a deflation, the gold standard made matters worse. There was no ability
> to "loosen" gold and holding gold discouraged consumption, just as
> the dollar was in Oct 2008. But the dollar can be "loosened" by
> increasing supply (printing in the outdated term, since it is all
> electronic transactions today). The currency makes no difference.
> It is consumer psychology that matters and the idea that one can
> always buy something (in gold or paper) cheaper tomorrow than today
> that causes the downward spiral of a depression. That is the nature
> of deflationary depression. It has nothing to do with the base of
> the currency.
>
> Gold is a decent hedge against inflation, but so are lots of equities
> and commodities. Gold did NOT outperform non-financial equities in
> the 1970s. They kept pace with each other (oil went from $3.39 a
> barrel in 1970 to $37.42 in 1980, much better than the move in gold
> from $35 to $612, but with gold playing catch up from 1933 the first
> four years of that decade, the move was really more like $100 to
> $612; then gold and oil both dropped when Volcker tightened money
> supply). And that makes logical sense as the dollar is only (and
> will only ever be) a RELATIVE measure of value.
>
> Goldbugs better wake up and start to understand what they are dealing
> with. A lot of people will be hurt by the bursting of a gold bubble
> blown up by the speculation that I see here.]]> http://seekingalpha.com/article/178183-an-unbelievable-investment-opportunity-in-gold?source=feed#comment-806513 806513
It is my opinion that the improvement in certain markets (for example, equities) is what you are really looking at and you have extrapolated from there. This is what the government and Wall Street want you to do in the (vain?) hope that animal spirits will be rekindled and, as a result, real, positive private economic activity will take over. Perhaps that will happen. I don't know. I think it could go either way but we're still on the precipice and if you'd simply turn around you too could see the abyss. However, it appears that you're in denial. And the conclusions that you have already drawn are, at this point, unsupported in the main.

Others acknowledge that there's an abyss and that is why gold will IMO continue to go up when priced in dollars.

On Dec 15 09:53 AM Angel Martin wrote:

> The value of gold rises when there is fear of economic and financial
> collapse. When normal economic conditions are restored, the value
> of gold plunges.
>
> The doom and gloomers and goldbugs believe depression is just around
> the corner, even though all the major economic indicators (gdp, retail,
> industrial production, imports, employment) now show many consecutive
> months of improvement.
>
> The doom and gloomers have become increasingly disconnected from
> reality and are resorting to conspiracy theories to explain away
> favourable economic data.
>
> I guess a preference for conspiracy theories by doomers should not
> be a surprise, as goldbugs have claimed for years that their favourite
> investment is being manipulated and the price supressed.
>
> Gold must be the only "investment" where many of the bulls believe
> that the market is rigged against them, yet they continue to buy!
>
>
> I agree with the author that gold presents an unbelieveable investment
> opportunity - short.]]> Tue, 15 Dec 2009 10:26:42 -0500
It is my opinion that the improvement in certain markets (for example, equities) is what you are really looking at and you have extrapolated from there. This is what the government and Wall Street want you to do in the (vain?) hope that animal spirits will be rekindled and, as a result, real, positive private economic activity will take over. Perhaps that will happen. I don't know. I think it could go either way but we're still on the precipice and if you'd simply turn around you too could see the abyss. However, it appears that you're in denial. And the conclusions that you have already drawn are, at this point, unsupported in the main.

Others acknowledge that there's an abyss and that is why gold will IMO continue to go up when priced in dollars.

On Dec 15 09:53 AM Angel Martin wrote:

> The value of gold rises when there is fear of economic and financial
> collapse. When normal economic conditions are restored, the value
> of gold plunges.
>
> The doom and gloomers and goldbugs believe depression is just around
> the corner, even though all the major economic indicators (gdp, retail,
> industrial production, imports, employment) now show many consecutive
> months of improvement.
>
> The doom and gloomers have become increasingly disconnected from
> reality and are resorting to conspiracy theories to explain away
> favourable economic data.
>
> I guess a preference for conspiracy theories by doomers should not
> be a surprise, as goldbugs have claimed for years that their favourite
> investment is being manipulated and the price supressed.
>
> Gold must be the only "investment" where many of the bulls believe
> that the market is rigged against them, yet they continue to buy!
>
>
> I agree with the author that gold presents an unbelieveable investment
> opportunity - short.]]> http://seekingalpha.com/article/178183-an-unbelievable-investment-opportunity-in-gold?source=feed#comment-806394 806394 Tue, 15 Dec 2009 09:33:50 -0500 http://seekingalpha.com/article/151101-irrational-exuberance-of-the-green-shoots?source=feed#comment-601091 601091 Fri, 24 Jul 2009 13:01:44 -0400 http://seekingalpha.com/article/149213-ongoing-134-5-billion-bearer-bond-mystery-possible-link-to-upcoming-bank-holiday?source=feed#comment-592112 592112

On Jul 16 01:22 PM TBill wrote:

> Remember, Italy has the world's best forgers. They are always looking
> for something high value to forge. But first, they have to get their
> hands on a real one...
>
> And why run off so many? How the heck are you supposed to market
> them without raising suspicion? Deposit them and borrow against them?
> I mean, what's a bank to think went someone shows up with over $100
> billion to deposit? If they had only one, maybe they get away with
> it, particularly if no one knows for sure what a real one looks like.
> Remember, these guys can turn out paper so good even the Treasury
> wouldn't know the difference without checking the numbers, and even
> then might pronounce it real. OTOH, once you've set up the presses,
> might as well run off a bunch...
>
> ONe thing I know for sure, you can forget about a bank holiday for
> the purpose of devaluing the dollar. It worked in FDR's case because
> the dollar was tied to gold. Today's dollar isn't tied to anything.]]> Fri, 17 Jul 2009 12:48:05 -0400

On Jul 16 01:22 PM TBill wrote:

> Remember, Italy has the world's best forgers. They are always looking
> for something high value to forge. But first, they have to get their
> hands on a real one...
>
> And why run off so many? How the heck are you supposed to market
> them without raising suspicion? Deposit them and borrow against them?
> I mean, what's a bank to think went someone shows up with over $100
> billion to deposit? If they had only one, maybe they get away with
> it, particularly if no one knows for sure what a real one looks like.
> Remember, these guys can turn out paper so good even the Treasury
> wouldn't know the difference without checking the numbers, and even
> then might pronounce it real. OTOH, once you've set up the presses,
> might as well run off a bunch...
>
> ONe thing I know for sure, you can forget about a bank holiday for
> the purpose of devaluing the dollar. It worked in FDR's case because
> the dollar was tied to gold. Today's dollar isn't tied to anything.]]> http://seekingalpha.com/article/149213-ongoing-134-5-billion-bearer-bond-mystery-possible-link-to-upcoming-bank-holiday?source=feed#comment-592106 592106 Agreed that the USGovt can orchestrate a big devaluation by the means you describe. However, as others have said, that would be too disorderly and leave matters out of central bank control. An orderly, albeit very abrupt, devaluation is the goal, I would think.

On Jul 16 11:00 AM Screwloose wrote:

> Do you still need a "bank holiday" to devalue a floating currency?
> Under a fixed-value gold standard, maybe; but these days?
>
> All a big devaluation would take is for the Fed to reveal that it's
> been fiddling the "indirect" Treasury bids through secret swap deals
> with other central banks and that China is now only buying the short
> end.
>
> Leak something like that and devaluing the dollar isn't going to
> be a problem - although supporting it from total collapse might be....
>
>
> To devalue it only against gold/silver they simply need to direct
> the COMEX-manipulating banks to take a "holiday" - preferably a permanent
> one.]]> Fri, 17 Jul 2009 12:43:56 -0400 Agreed that the USGovt can orchestrate a big devaluation by the means you describe. However, as others have said, that would be too disorderly and leave matters out of central bank control. An orderly, albeit very abrupt, devaluation is the goal, I would think.

On Jul 16 11:00 AM Screwloose wrote:

> Do you still need a "bank holiday" to devalue a floating currency?
> Under a fixed-value gold standard, maybe; but these days?
>
> All a big devaluation would take is for the Fed to reveal that it's
> been fiddling the "indirect" Treasury bids through secret swap deals
> with other central banks and that China is now only buying the short
> end.
>
> Leak something like that and devaluing the dollar isn't going to
> be a problem - although supporting it from total collapse might be....
>
>
> To devalue it only against gold/silver they simply need to direct
> the COMEX-manipulating banks to take a "holiday" - preferably a permanent
> one.]]> http://seekingalpha.com/article/130492-taxpayers-vs-investors-the-imminent-disinformation-schism?source=feed#comment-460406 460406 Sun, 12 Apr 2009 10:11:16 -0400 http://seekingalpha.com/article/121694-eight-reasons-bank-of-america-is-going-to-20?source=feed#comment-397985 397985 Sat, 21 Feb 2009 16:32:48 -0500 http://seekingalpha.com/article/120007-12-reasons-to-short-gold?source=feed#comment-386960 386960 GLD) I had this week. The President and the Fed are knowingly lying to you, Louis. The Baltic Dry Index had to shoot up the very little bit it did as shipping had come to nil. And saying that the percentage rise we've just seen is a meaningful indicator ignores that shipping is still down to depressionary levels by any sane measure.

Louis may also be a manipulator. It would appear that he frequently hypes for the Oxford Club, whose most recent series of claims about "gas rebates" turn out to be mere Canadian oil and gas trusts. Canadian law has changed, so their longevity and profitability beyond 2011 is highly doubtful. And they're unquestionably not rebates. My elderly father was very nearly hooked with these manipulative claims.]]> Fri, 13 Feb 2009 09:26:45 -0500 GLD) I had this week. The President and the Fed are knowingly lying to you, Louis. The Baltic Dry Index had to shoot up the very little bit it did as shipping had come to nil. And saying that the percentage rise we've just seen is a meaningful indicator ignores that shipping is still down to depressionary levels by any sane measure.

Louis may also be a manipulator. It would appear that he frequently hypes for the Oxford Club, whose most recent series of claims about "gas rebates" turn out to be mere Canadian oil and gas trusts. Canadian law has changed, so their longevity and profitability beyond 2011 is highly doubtful. And they're unquestionably not rebates. My elderly father was very nearly hooked with these manipulative claims.]]> http://seekingalpha.com/article/117634-turning-japanese-the-audacity-of-reality-part-3-of-3?source=feed#comment-376139 376139
To counter your absurd hypothetical, BS Boy, the banksters need to know that there's a reasonable likelihood they'll get paid back, and the regulators kind of want to see certain criteria padding a loan file that makes said result at least somewhat likely in the sweet bye and bye. Moreover, there is not an inexhaustable supply of borrowers -- even borrowers who don't meet lending criteria. Man, this is so easy. You guys with your academic theories just can't see.

Turtle -- and I think you know this but must want to intentionally obfuscate -- you posit only one side of the fractional reserve banking edifice (writ, house of cards) and attempt to buttress your position by playing semantical games. Please recall that for the banksters, loans are assets and demand deposits are liabilities. Now, if Bank A gets a deposit from me of $1,000 (because I work), and the reserve requirement is 10%, it most certainly can set aside $100 and lend $900, thereby complying with its mandated reserve requirements. Consequently, it has $100 of my initial deposit and has loaned out $900 of same. Remember, a loan is an asset and a demand deposit is a liability. Pray tell, Turtle, where lieth the error in my ways?]]> Wed, 04 Feb 2009 17:34:17 -0500
To counter your absurd hypothetical, BS Boy, the banksters need to know that there's a reasonable likelihood they'll get paid back, and the regulators kind of want to see certain criteria padding a loan file that makes said result at least somewhat likely in the sweet bye and bye. Moreover, there is not an inexhaustable supply of borrowers -- even borrowers who don't meet lending criteria. Man, this is so easy. You guys with your academic theories just can't see.

Turtle -- and I think you know this but must want to intentionally obfuscate -- you posit only one side of the fractional reserve banking edifice (writ, house of cards) and attempt to buttress your position by playing semantical games. Please recall that for the banksters, loans are assets and demand deposits are liabilities. Now, if Bank A gets a deposit from me of $1,000 (because I work), and the reserve requirement is 10%, it most certainly can set aside $100 and lend $900, thereby complying with its mandated reserve requirements. Consequently, it has $100 of my initial deposit and has loaned out $900 of same. Remember, a loan is an asset and a demand deposit is a liability. Pray tell, Turtle, where lieth the error in my ways?]]> http://seekingalpha.com/article/117634-turning-japanese-the-audacity-of-reality-part-3-of-3?source=feed#comment-374003 374003
31 October, your comments are right on. Those jobs are not coming back. The fool of an academician that BS Boy is cannot understand the simple truism that we just can't all sell each other hamburgers and maintain the lifestyle we've had for the last 30 years. Of course, he probably doesn't even care as he enjoys his tenured position and will continue to get paid until the proles rise up and take it from him by force.

Speaking of proles, the individual who has the issue with his CAPS LOCK expresses legitimate, albeit somewhat misplaced frustrations about the loss of manufacturing jobs. The sad fact is, however, that the car companies, for example, are not competitive, their product is substandard, and they must face the cleansing fire of a bankruptcy to come be able to survive -- and survive I hope they do.

Myrtle the Turtle, surely you jest?? You don't think banks lend more than deposits on hand? And you purport to speak authoritatively about the fraud that is fractional reserve banking?

Folks, we are regressing to the mean of a lower standard -- a much lower standard -- of living in the West relative to the rest of the world. Or did you surmise that through the application of an academic theory that we could perpetuate the frauds of limitless credit and fiat currency in perpetuity? Do they have an academic theory for that, BS Boy?

]]> Mon, 02 Feb 2009 21:54:15 -0500
31 October, your comments are right on. Those jobs are not coming back. The fool of an academician that BS Boy is cannot understand the simple truism that we just can't all sell each other hamburgers and maintain the lifestyle we've had for the last 30 years. Of course, he probably doesn't even care as he enjoys his tenured position and will continue to get paid until the proles rise up and take it from him by force.

Speaking of proles, the individual who has the issue with his CAPS LOCK expresses legitimate, albeit somewhat misplaced frustrations about the loss of manufacturing jobs. The sad fact is, however, that the car companies, for example, are not competitive, their product is substandard, and they must face the cleansing fire of a bankruptcy to come be able to survive -- and survive I hope they do.

Myrtle the Turtle, surely you jest?? You don't think banks lend more than deposits on hand? And you purport to speak authoritatively about the fraud that is fractional reserve banking?

Folks, we are regressing to the mean of a lower standard -- a much lower standard -- of living in the West relative to the rest of the world. Or did you surmise that through the application of an academic theory that we could perpetuate the frauds of limitless credit and fiat currency in perpetuity? Do they have an academic theory for that, BS Boy?

]]> http://seekingalpha.com/article/115466-ghost-malls-coming-to-your-town?source=feed#comment-362448 362448 Wed, 21 Jan 2009 18:57:03 -0500 http://seekingalpha.com/article/115328-orwellian-finance-is-1984-happening-in-2009?source=feed#comment-360090 360090 Mon, 19 Jan 2009 14:30:35 -0500 http://seekingalpha.com/article/99959-countdown-of-manipulated-gold-price-running-out?source=feed#comment-283042 283042 Wed, 15 Oct 2008 12:44:24 -0400 http://seekingalpha.com/article/99680-bullion-shortage-and-spot-prices-tell-two-different-gold-stories?source=feed#comment-281408 281408 Mon, 13 Oct 2008 13:07:46 -0400 http://seekingalpha.com/article/94750-kinross-aurelian-deal-dampens-junior-miners-hopes?source=feed#comment-264321 264321 Wed, 24 Sep 2008 23:34:19 -0400 http://seekingalpha.com/article/96497-we-ve-crossed-the-line-from-capitalism-to-socialism?source=feed#comment-260752 260752 Sun, 21 Sep 2008 13:48:52 -0400 http://seekingalpha.com/article/96497-we-ve-crossed-the-line-from-capitalism-to-socialism?source=feed#comment-260741 260741 Sun, 21 Sep 2008 13:33:36 -0400 http://seekingalpha.com/article/96497-we-ve-crossed-the-line-from-capitalism-to-socialism?source=feed#comment-260736 260736
You also don't understand true conservatism. It is not, as you apparently support, socialist welfare for losing bankers. It rather seeks a level playing field for all participants in the economy. If one makes a bad business decision, then he fails without a safety net from daddy government.

You have also have an extemely poor and entirely too common misunderstanding of economics. Inflation is a tax on everyone, and yes, it has a disproportionate impact on the poorer classes. Your type of Obamaniac socialists claim you advocate for the poor but in reality you seek to destroy them.]]> Sun, 21 Sep 2008 13:29:34 -0400
You also don't understand true conservatism. It is not, as you apparently support, socialist welfare for losing bankers. It rather seeks a level playing field for all participants in the economy. If one makes a bad business decision, then he fails without a safety net from daddy government.

You have also have an extemely poor and entirely too common misunderstanding of economics. Inflation is a tax on everyone, and yes, it has a disproportionate impact on the poorer classes. Your type of Obamaniac socialists claim you advocate for the poor but in reality you seek to destroy them.]]> http://seekingalpha.com/article/96497-we-ve-crossed-the-line-from-capitalism-to-socialism?source=feed#comment-260687 260687
The "government" (writ, taxpayers!) will NOT make money. We will lose money. The fed will be forced to inflate at an even greater rate than usual, which will siphon off more wealth from the poorer classes. You write as though you have some great, secret, inside knowledge about the value of these toxic debt assets on the banks' books. You don't, so stop already with the claim that they'll be sold at a profit. If the entities that actually held them believed they had value then the banks would lend to each other and the credit markets wouldn't be frozen. Even the traitors Paulson and Bernanke admit this. Egads, you're a moron!

]]> Sun, 21 Sep 2008 12:39:13 -0400
The "government" (writ, taxpayers!) will NOT make money. We will lose money. The fed will be forced to inflate at an even greater rate than usual, which will siphon off more wealth from the poorer classes. You write as though you have some great, secret, inside knowledge about the value of these toxic debt assets on the banks' books. You don't, so stop already with the claim that they'll be sold at a profit. If the entities that actually held them believed they had value then the banks would lend to each other and the credit markets wouldn't be frozen. Even the traitors Paulson and Bernanke admit this. Egads, you're a moron!

]]> http://seekingalpha.com/article/96450-preserving-u-s-economy-over-free-markets-short-sellers?source=feed#comment-260676 260676 Sun, 21 Sep 2008 12:30:21 -0400 http://seekingalpha.com/article/94750-kinross-aurelian-deal-dampens-junior-miners-hopes?source=feed#comment-250520 250520 Wed, 10 Sep 2008 11:47:57 -0400 http://seekingalpha.com/article/92303-looming-financial-catastrophe-a-real-inconvenient-truth?source=feed#comment-237985 237985 Sun, 24 Aug 2008 19:50:05 -0400 http://seekingalpha.com/article/91274-america-s-fiscal-crisis-tough-decisions-needed-now?source=feed#comment-237975 237975 Sun, 24 Aug 2008 19:31:41 -0400 http://seekingalpha.com/article/84566-an-open-letter-to-the-plunge-protection-team?source=feed#comment-202960 202960 Fri, 11 Jul 2008 10:32:44 -0400 http://seekingalpha.com/article/83772-vietnam-suspends-gold-imports-follows-fdr-s-great-depression-lead?source=feed#comment-198999 198999
My question is this: if the USgovernment makes it illegal privately to own gold, and other lap-dog countries follow suit, what happens to the price of gold? I invest in gold primarily because I consider it money -- one that preserves wealth. Will it still have that attribute then?]]> Sat, 05 Jul 2008 21:27:14 -0400
My question is this: if the USgovernment makes it illegal privately to own gold, and other lap-dog countries follow suit, what happens to the price of gold? I invest in gold primarily because I consider it money -- one that preserves wealth. Will it still have that attribute then?]]> http://seekingalpha.com/article/80922-the-fed-s-coming-rate-hikes?source=feed#comment-183306 183306 Wed, 11 Jun 2008 10:36:35 -0400