sandspider

Jim Sinclair: 9 Immediate Predictions for Gold

It would be settled if the bastards would just do the honorable thing and jump out the frigging window. Otherwise we have to deal with the criminals the old fashion way and go get some rope.

Will Gold Revisit Highs This Week?

Yes I have to agree. There are a couple other items that could be said along with the previous. The UAE is asking for their gold to be physically removed from the UK banks and returned to the UAE. Rumor has it that Germany likewise has requested their gold stored in the US be returned to Germany. These are demands for the physical metal to be returned not just a piece of paper. What does this say to everyone else? The Middle East search for a COMEX of their own and an attempt to form a united ME currancy. China using their US treasuries as security to purchase small commodity companies and hard goods thru out the world. It seems that others are smelling smoke, so what will be the result? 230 plus years to go into debt a trillion $ and 8 months to go into debt another 2 to 12 trillion $ so what will be the result of that? All those trillions are not just going to up and disappear much like their appearance out of thin air. Do I see even more burdensome taxes? More theft by the professional thieves! Jeg I do and I will continue to hold material of real value; gold, silver, energy and food.

The International Gold Rush: Bulls May Soon Be Rewarded

Yes BrunoT, I have to agree plus add a few other figures that drive the market as well. The official CPI is humm around 4.5% but prior to 1980, when we add in things like food and fuel and taxes we have a nice 11.5% CPI. Changes so they didn't have to up the Social insecurity system payouts. And lets look at the unemployment figures. U-3 a nice 5.5% they tell us. Well they are keeping book on U-6 which they don't publish which is 9.7% and now lets add in for all those poor folk who are no longer counted at all....those out of work for over a year and whoooo you get 13.7% The GDP is negative not positive if you take into account all those lost figures. Consumer confidence down from 105.3 to 50.4 the lowest in 16 years. Smoke and mirrors. Oh me oh my. And then on top of all that good news the Gulf Cooperation Council (Saudi, Kuwait, Bahrain, Omar, Qatar and the UAE) are looking at starting their own currancy. Watch out Euro. What $$$??? And sooner or later someone is going to pull another trigger (Iran, Africa, Israel....) and the good ole USA is going to go for broke. Some one smell something burning? Rome? The Fed? See you in September as the song goes.

Lawrence Roulston: Gold Prices Will Trend Higher

The UK is just beginning to see their time bomb and like the US and their international banker kings, will be unable to remove the fuse in time. These are not normal times and therefore the rules change. Wait and see how many folk in far away lands quit taking on anymore US debt. Wait till the Middle East put together their currency. Even the Euro will smell something burning. But they will continue to run the printing presses till the power goes out and shuts them down. All on the backs of the American tax payer. Anyone really pay attention to the old M-3? Try over 17% increase for size. Anybody ever calculate the old CPI (inflation) before the change during the Carter administration. Today they sell us on 4.2% because we no longer weigh food and fuel and taxes the same. Pre-change days (early 70's) it would be sitting at 11.5%. Ever here of smoke and mirrors? Got Gold? Is Rome burning or is it just that the "king" has no clothes and he just farted.