Bullion Shortage and Spot Prices Tell Two Different Gold Stories [View article]
Demand may be at a record, but supply (paper comex at least) is literally infinite. Commercials have no limit on the number of contracts they may take, plus, several large banks have the luxury of being defined as commercials and have huge positions.
So high demand is still completely swapped by supply (which could not deliver if it had to, but fortunately the rules are such that they dont have to - how convenient).
It will take something more than record demand - hyper inflation or teotwawki scenarios (obama/2012/666/mabus/... all related).
The Best Safe-Haven Investments, and Some Potential Threats [View article]
it looks like platinum broke its triangle to the downside - now risk is down to 1600. almost identical pattern to '06, which was a false break down to 1100.
mr anthony - any comment on PTM, the platinum etn? why not buy it instead of the pgm stocks?
To say oil prices are determining monetary policy, after 15 years of poor US monetary policy setting the stage for this, is a joke. Its like a spouse who had an affair for 15 years getting mad their significant other cheated.
sell gold for dollars? do you even know how much gold the us has in reserve? hint - its a lot less than what the fed gave to banks to recapitalize the so far in '08 (and a fraction of what china holds in $$). that might move the dollar by a penny - maybe 2!
cq - you understand that producers are net long now, right? check the crude COT.
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Latest | Highest ratedWhat's in Store for 2009? Gold, Metals and Other Markets [View article]
I'm pretty sure I will be right.
Gold's Not the Best Investment in Inflationary Times [View article]
gold $5000 /oz in 2012-2014 or so.
Gold's Not the Best Investment in Inflationary Times [View article]
it is the very definition of weath.
one day all currecnies will be measured in grams per $ (or euro, etc).
and the measuring stick will be gold $5 or $5k per ounce.
Bullion Shortage and Spot Prices Tell Two Different Gold Stories [View article]
Bullion Shortage and Spot Prices Tell Two Different Gold Stories [View article]
So high demand is still completely swapped by supply (which could not deliver if it had to, but fortunately the rules are such that they dont have to - how convenient).
It will take something more than record demand - hyper inflation or teotwawki scenarios (obama/2012/666/mabus/... all related).
Silver Wheaton: Still Waiting for the Growth [View article]
ADP Report and Fed Announcement Boost Dollar [View article]
The Case for Gold Today [View article]
Is the Gold Uptrend Over? [View article]
The Best Safe-Haven Investments, and Some Potential Threats [View article]
mr anthony - any comment on PTM, the platinum etn? why not buy it instead of the pgm stocks?
How Far Could Oil Prices Fall? [View article]
To say oil prices are determining monetary policy, after 15 years of poor US monetary policy setting the stage for this, is a joke. Its like a spouse who had an affair for 15 years getting mad their significant other cheated.
10 Winning Stock Themes in an Obama Administration [View article]
A Surprise in Store for the Dollar? [View article]
Has been completely wrong about the USD. And she just wrote 2 days ago how oil would definitely fall $10 to $125 - instead its up more than $10.
Please, please, buy my dollars and sell me your gold and oil.
Fannie & Freddie: Affirmative Action for the Rich and Stupid [View article]
Oil and the Futures Market [View article]
sell gold for dollars? do you even know how much gold the us has in reserve? hint - its a lot less than what the fed gave to banks to recapitalize the so far in '08 (and a fraction of what china holds in $$). that might move the dollar by a penny - maybe 2!
cq - you understand that producers are net long now, right? check the crude COT.