Sakata

GATA: U.S. Government Suppressing Gold Price

"Russell concurs with the Gold Anti-Trust Action Committee (GATA) that elements in the US government are suppressing the gold price through financial proxies in order to maintain faith in the dollar and US government debt. "

Did anyone notice that it is not just gold that is being suppressed? GATA itself is. Check out this page: en.wikipedia.org/wiki/..., which documents the deletion of the wikipedia page on GATA.

How Will Gold Perform in the Coming Equity Crash?

This article makes a lot of sense and raises some interesting thoughts. I have been thinking along similar lines and have not yet decided what to think. My gut feeling is that the physical stuff will hold up well, increasing steadily but with a relatively high volatility. The stocks, on the other hand, are a different issue. Whether they will sink with the ship or rise above because of increased leverage is a question which only time will answer. But I do think that a wide selection of juniors with suitable stop loss orders is likely to produce the best return over the next couple of years.

Gold, Silver Rise on Stress Test Failure

I am slowly coming to the conclusion that I like the way the economy is going. These phantom rallies, these market manipulations, these bad banks: all are playing into the hands of those who have solid positions in the mining and metals sector, A prolonged secular bull market in gold and silver is the inevitable result and those of us who can afford to sit it out are laughing all the way to the vault. (I'd normally say laughing all the way to the bank, but that seems somewhat inappropriate here.)

Of course, I realize that not everyone is as well positiioned as most readers of this article will be. Many will suffer because of the crooked manipulations. But sometimes it is hard to take a altruistic viewpoint when you know that you have made the right decisions at an early stage. I just wish I had got in back in 2000 instead of delaying for a few years.

Gold 'Demand' Driven by Investment

Excellent article. I agree with everything you say.

But at the back of my mind there is a niggling thought. We all kow that long term gold (and silver) will show its true value. With that believe I have bought as much of it as I can justify. But the crooks who run the show are a powerful force in world finance. They may just have enough strength in numbers to delay the inevitable for long enough that some of the older ones among us may not have enough time to reap the benefits.

I don't actually think this will happen. If I did, I would not be so heavily into precious metals. But as long as the propaganda machine is able to convince enough people, then there is always the chance.

The flip side of all this is that price is being held back and so is increasing in fits and starts but the overall trend is up. This is to our advantage because it is more likely to stay up afterwards. A sudden quick increase would be less likely to be sustainable.

So my point of view is that let the crooks have their say. They are more likely to produce a sustainable long term price increase in all precious metals.

Has Gold's Downward Trend Ended?

Speculating for a moment, let us suppose that 10% of all the gold every mines was available for purchase by China. That would be about 14,000 tonnes, or 450 million ounces. Let's also suppose that they decided to dump $2 trillion dollars of US Treasuries and buy gold with that money. They would have enough money to pay around $4500 an ounce for that 10% of gold.

These number probably won't happen. But China is not the only player in the game. $4500 an ounce doesn't seem to farfetch when looked at in these terms.

Gold Correction Necessary and Healthy

I wasn't saying they were silly. On the contrary, if they make money in this economic climate they are wise. It was those who get all bent out of shape about it that I was saying should stay on the side lines. People who take a rational approach to whatever type of trading they prefer will be fine. It is just that I get tired of people who, on the one hand, seem to propound short term trading but, on the other, talking about a secular bull market in gold.


On Mar 05 11:26 AM Cesato wrote:

> Sakata, your comment is totally valid and your long term view on
> Gold (not sure about Silver) coincides with my view, but it does
> not mean that everyone else is silly. There are long term investments,
> short/medium term investments and the good speculative returns (very
> good by the way) as you mentioned in your comment. All of them are
> smart investments as long as you preserve your capital, keep its
> value but also make money to spend out of it, I mean being able to
> cash out from time to time and still have the physical stuff as you
> call it.

Gold Correction Necessary and Healthy

Ooops! cut it short...

...and let's see if you even remember the 10% dropped over a short period.

Gold Correction Necessary and Healthy

People who get bend out of shape over the price of gold should not be investing in it. They have a trader's mentality which is not suited to precious metals. Unless you are trading in paper gold, which is not really gold in the first place, you are dealing with a relatively illiquid commodity and which is not going to get you reliably short term returns (it does offer some good specualtive returns, but not for the physical stuff). Gold, and silver even more so, are long term investments. A ten percent change in either direction over the short term is not a cause for excitement or despair. Come back in three years and let's

Contrarians: Time to Ditch Gold, Look at REITs

"... Therein lie companies like General Growth Properties (GGP) – which is eying bankruptcy after years of aggressive acquisitions that have come back to haunt them. ..."


Don't buy gold, buy GGP. Great idea! Why not throw my hard earned shares of a bankrupt company (better known as dollars) at another bankrupt company so that I can guarantee my net assets go to zero.

No thanks. I'll stick with my gold and silver and if I have to do any short term trading it will be to convert those to dollars for as short a time as possible so that I can buy the essentials of life. I already own a chunk of real estate which is not worth as much as it was last year.