Go to India, go to Asia, take a trip to the Middle East..Gold = Wealth. Paper is used for daily transactions..only a fool would store his wealth in paper guaranteed by the good faith of a bankrupt government that doesn't even have control over it's issuance.
On Jun 02 10:53 AM Brad Zigler wrote:
> But how do you KNOW that portfolio diversification isn't the main > reason gold is held? What empirical data supports that contention? >
"you've got Van Eck's Market Vectors Gold Miners ETF (NYSE: GDX) on the ETF side, with $2.38 billion in assets of its own. Ironically, the reason people like GDX is that it sometimes shows more volatility than the price of bullion itself (which may feel counterintuitive with the way gold-mining companies hedge the price of gold. But that's the stock market for you, I guess)."
Why IMF Gold Sales Won't Affect the Gold Market [View article]
If they're trying to raise cass wouldn't it benefit them to keep their mouth shut and maintain a high POG?
This Gold will never hit the market, if it really is being sold it will be bought as soon as it's offered. It's just a distraction to keep the POG down while they print a few more Trillion.
If you get suckered out of your Gold then your statement rings true.
On Apr 03 09:59 AM Echo To All wrote:
> If one of the largest gold holders > is selling... what does that tell you? (If u do not know who the > sucker is when playing poker... its u) >
Nope, I can't solve the worlds problems in 5 minutes but the robbery is in clear sight. The money won't be paid back, if these companies had the ability to pay the money back they never would of needed it in the first place.
The Fed purchased $300 billion in bonds today..where did that money come from? It came from the existing money in your pocket and bank account.
the U.S is BROKE, it is a bankrupt country. We do not have a viable Economy. We do not have the ability to cover our obligations without increasing our money supply. We can not cover our Foreign Debts without inflating our money supply. When you increase the money supply you ROB the people. When you increase taxes to pay for the bailouts you are ROBBING the people.
It does not take a Genius to see that we're being taken to the cleaners.
Wake up
and if Lawson Heals up I'm picking the Tar Heels to take it
On Mar 18 11:00 PM CJJ wrote:
> You haven't been robbed. Please back up your silly statements. <br/> > > When the banks pay back the TARP money and the US(Thats YOU Abag) > makes 5-10% on money when you can't get that yield on money anywhere > these days...Are you going to be back on here telling us how bad > that is. > > Why don't you add up all the money the US has proposed in the past > 12 months, shout out a lofty number like 10-14Trillion and feel satisfied > with yourself. But please be prepared to start subtracting that when > it is paid back. > > I forgot, 12345 and everyone here are geniouses. They could step > into the fray and solve the worlds ills in about 5 minutes and still > have time to get home for dinner. > > Do you want to tell me your NCAA picks, since you obviously know > it all. > > On Mar 18 08:43 PM 12345 wrote:
Protecting Yourself from a Gold ETF Bubble [View article]
"On the other hand, SPDR Gold Shares (GLD) is now routinely turning over $2 billion worth of trading each day, which might give investors pause. Is it becoming a herd mentality?"
AAPL also turns over $2B a day..what's your point?
you're really not giving Gold the respect it deserves. maybe you haven't noticed that the Worlds Economy is currently imploding? Gold has been and remains Money, when Fiat collapses Gold still shines
Paul - Yes I know. But at 20% we cannot afford to make the interest payment on our debt. We have much more debt then we had in the early 80's and our debt is now in short term treasuries!
we're caught between a rock and a hard place and we have nowhere to move...
Inflate or die
On Jan 08 11:14 PM paultaut wrote:
> 12345: If the inflation rate rises to the levels of the last time, > the late 70's through early 80's, It took interest rates of almost > 20% to turn the tide. > > Since I think inflation will be much worse, it may take that much > more to stem it. I will expect the dollar to be dropping steadily > at that point. My target is 40-50. > > For now however, the deflationary perception will continue to rule. > > > Kitco.com has a section devoted to Gold Precious Metals. In that > section you will be able to read excerpts from various Gold related > Newsletters, Faber, Ruff, Aden Sisters, etc. > > Read what they have to say about the USD and Gold. >
How Much Gold DO You Need? [View article]
Go to India, go to Asia, take a trip to the Middle East..Gold = Wealth. Paper is used for daily transactions..only a fool would store his wealth in paper guaranteed by the good faith of a bankrupt government that doesn't even have control over it's issuance.
On Jun 02 10:53 AM Brad Zigler wrote:
> But how do you KNOW that portfolio diversification isn't the main
> reason gold is held? What empirical data supports that contention?
>
How Does One Value Gold? [View article]
Are Gold Funds a Buy Again? [View article]
On Apr 07 12:19 PM mr freddo wrote:
> buying will taper off and reverse to selling once investors are convinced
> that there is, in fact, a future for the world economy.
>
Are Gold Funds a Buy Again? [View article]
The Miners in GDX are not hedged
Why IMF Gold Sales Won't Affect the Gold Market [View article]
This Gold will never hit the market, if it really is being sold it will be bought as soon as it's offered. It's just a distraction to keep the POG down while they print a few more Trillion.
If you get suckered out of your Gold then your statement rings true.
On Apr 03 09:59 AM Echo To All wrote:
> If one of the largest gold holders
> is selling... what does that tell you? (If u do not know who the
> sucker is when playing poker... its u)
>
Why Gold Is Overpriced [View article]
What's Another $1.15 Trillion? [View article]
The Fed purchased $300 billion in bonds today..where did that money come from? It came from the existing money in your pocket and bank account.
the U.S is BROKE, it is a bankrupt country. We do not have a viable Economy. We do not have the ability to cover our obligations without increasing our money supply. We can not cover our Foreign Debts without inflating our money supply. When you increase the money supply you ROB the people. When you increase taxes to pay for the bailouts you are ROBBING the people.
It does not take a Genius to see that we're being taken to the cleaners.
Wake up
and if Lawson Heals up I'm picking the Tar Heels to take it
On Mar 18 11:00 PM CJJ wrote:
> You haven't been robbed. Please back up your silly statements. <br/>
>
> When the banks pay back the TARP money and the US(Thats YOU Abag)
> makes 5-10% on money when you can't get that yield on money anywhere
> these days...Are you going to be back on here telling us how bad
> that is.
>
> Why don't you add up all the money the US has proposed in the past
> 12 months, shout out a lofty number like 10-14Trillion and feel satisfied
> with yourself. But please be prepared to start subtracting that when
> it is paid back.
>
> I forgot, 12345 and everyone here are geniouses. They could step
> into the fray and solve the worlds ills in about 5 minutes and still
> have time to get home for dinner.
>
> Do you want to tell me your NCAA picks, since you obviously know
> it all.
>
> On Mar 18 08:43 PM 12345 wrote:
What's Another $1.15 Trillion? [View article]
Applaud the move? You've just been ROBBED
On Mar 18 04:48 PM Respirate wrote:
>
> "This is insane." Maybe. I applaud the Fed's bold move, and believe
> that it will help spur economic activity over the coming months.
Protecting Yourself from a Gold ETF Bubble [View article]
AAPL also turns over $2B a day..what's your point?
you're really not giving Gold the respect it deserves. maybe you haven't noticed that the Worlds Economy is currently imploding? Gold has been and remains Money, when Fiat collapses Gold still shines
What Is Going On With Gold? [View article]
Paul - Yes I know. But at 20% we cannot afford to make the interest payment on our debt. We have much more debt then we had in the early 80's and our debt is now in short term treasuries!
we're caught between a rock and a hard place and we have nowhere to move...
Inflate or die
On Jan 08 11:14 PM paultaut wrote:
> 12345: If the inflation rate rises to the levels of the last time,
> the late 70's through early 80's, It took interest rates of almost
> 20% to turn the tide.
>
> Since I think inflation will be much worse, it may take that much
> more to stem it. I will expect the dollar to be dropping steadily
> at that point. My target is 40-50.
>
> For now however, the deflationary perception will continue to rule.
>
>
> Kitco.com has a section devoted to Gold Precious Metals. In that
> section you will be able to read excerpts from various Gold related
> Newsletters, Faber, Ruff, Aden Sisters, etc.
>
> Read what they have to say about the USD and Gold.
>
What Is Going On With Gold? [View article]
Blackmont Capital Bullish on Gold and Silver [View article]
What Is Going On With Gold? [View article]
If we're superior then why do we need to borrow money from the inferior Japanese Economy just to stay afloat?
The U.S Economy is a Ponzi scheme that is rapidly falling apart.
Gold's Not the Best Investment in Inflationary Times [View article]
Gold's Not the Best Investment in Inflationary Times [View article]
Raise rates and we default, keep rates low and we'll have masssive Inflation in the future.