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.

Why Gold Enthusiasm Is 'Cool' Again

I just can not help myself. I went and bought some more gold and silver, despite the naysayers. On my end of the world we have the UAE wanting all of their gold from the London banks. And they want it now. London is pissed and dragging their feet. Does the UAE know something others don't. UAE is wondering away from Saudi some say because they are to much in bed with the US. Either way there will be at least two large gold consortium's here in the M.E. within a year. One will be in direct confrontation with Comex. Got to love it! And word on the street has it that Germany just told the US that they want their gold returned and no longer want to store it over in the America's. And they are dragging their feet. Hmmm, and now we have China making deals with several Third tier countries to trade for commodities in their currancies. Other words on the street is that China is using some of those good ole US treasury notes and junk bonds as collateral for hard goods which they are stock piling like mad. Examples being iron ore, copper etc. They even told the IMF go ahead and sell your gold.... I take that as "we got the money and we are buyers". Take that with the small amount of gold being offered and IMF will either put up or shut up. Doubtfull the bastards will shut up but I don't think they are going to cast into the waters either. There is so much out there that shows gold and silver are going to be going up. Yeah summer is on us and it may drop back but this fall I can not see even the manipulator sisters of JPM and their brothers in crime being able to take enough shorts this time to keep it down. I could be wrong no doubt. But between China, Russia, Middle East and all our other "friends there is a lot of money out there and it is going for the gold.

Now's a Great Time to Hedge Your Gold Bets

Let me see, it took America 230 years to become indebted to the tune of one trillion dollars and only one year to become indebted to the tune of 3 trillion and no end in sight of printing....hmmm. The king has no clothes and all the kings horses and all the kings men....I was buying gold at $300 and silver at $4 and I am still buying. Heck I am diversified, gold and silver mining stocks, gold and silver coin and oh yeah energy just to mix it up a bit. Yeah I know the government and their internationals have it all under control and they are shorting and controlling and all the other "stuff" ever since Ceaser. But we hear the fiddler playing just like he was in Rome after 100 years of a debased currency and playing the international power guy. The flames are getting higher. Don't forget your marshmellows as those that don't study history are bound to repeat its mistakes. The only difference between the internationals and their greed then and now ... is technology and that will not save it. Enjoy!

Blackmont Capital Bullish on Gold and Silver

I firmly believe in being diversified. I have physical possession of gold and silver and I have gold and silver stocks. Very nicely diversified.
Long on FRMSF.PK, AUY, AXU, GG, PAAS
Short everything else...yes sir I am diversified.
Once all of those trillions of fiat paper $, lb and what have you start to pick up velocity...my diversification will speak for itself.

Is It Time to Buy Gold?

Like my granddaddy used to say, "buy when the price is dropping and sell when the price is climbing". That applies to many things. With Gold and even silver which has been a currancy longer then gold; I have to beg the question: Why are the central banks of Europe ceasing to sell gold? And why is the UAE and Saudi and China and Russia becoming purchases of gold? Just a question! In this time of extreme volitiality, everyone now accepting daily swings of 300 to 400 points as normal (I don't remember this in my 40 years of investing) and at a point of history where the most amount of government meddling (manipulation for what ever reason) has ever occured...we can now say it is all normal. In abnormal times, people one way or the other will seek shelter...either in the best fiat currancy of the time or in items that have stood the test of time like gold and silver. So the battle rages on...as to which is best. Know this that no government or central banking system has ever held the interest or health of its citizens in high esteem. Control, greed and lust for things that do not belong to them characterize the above entities. Anyone that does not believe that needs to take another look at history. And I am not refering to the history being taught in our schools of today. So pick your poison so to speak and let the chips lay where they fall. Semper Fi from the middle east.

The $64 Trillion Question: What's the Dollar Really Worth?

It is not just the large banks of Europe buying $$, Brazil jumped into buying $$, as many as their central bank could afford for over 3 months now. Not sure what they were doing, as now they are starting to sweat along with all the others. With regards to military, we have half the fleet spread between Black sea and the middle East. Three carrier groups and soon there will be four near next door to my station. And there are other countries adding their sail boats to the mix as well.

Darrell Brookstein on Gold: Just a Pullback in a Bull Market

Does anyone see AXU falling into place here with their Yukon property. Attempting to find out more on their financial health. In regards to previous comments. Always the historical battle between the lords of fiat currency and control and the believers in honest money. Our forefathers fought it and won for a time, then we let the internationals control. Now we have what we have.....the battle rages anew. Sigh....
so we continue to bail out the internationals and their ponzy lackys. And we do it on the backs of the average American citizen. As for me, gold and silver.

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.