The Rookie

Gold: Not a Bubble

gold is not bubble. Yes wall street has broken many promises and fiat money works on faith and trust, both destroyed by wall street and G. W.
Mr kenmeister, your workplace friends turn there nose to it because vast amounts of money cant be made from it. (vast amount being relative to their income) Only true value can be secured with gold and silver.
What happened to all the old bloggers who used to argue about the virtues of buying and holding gold? I guess they got tired of the same old arguements, cant blame them.

Why the U.S. Dollar Is Vulnerable to Decline Now

To paultaut, what I meant by right on was that I agree with the author of the article. I dont think anyone can predict future events exactly but we should all be objective and watchfull to what is going on. I'm a rook and dont know as much as many of you but I buy gold and keep it. I dont like paper. And thank you Paultaut for your response.

Why the U.S. Dollar Is Vulnerable to Decline Now

To paultaut, what I meant by right on was that I agree with the author of the article. I dont think anyone can predict future events exactly but we should all be objective and watchfull to what is going on. I'm a rook and dont know as much as many of you but I buy gold and keep it. I dont like paper. And thank you Paultaut for your response.

Why the U.S. Dollar Is Vulnerable to Decline Now

Hey Kim, I think your right on. I also think the other bloggers failed to understand your article. The Chineese are not trying to collapse the USD. They believe the americans (our politicians) have done that already. Your hypothasis is correct but you failed to integrate the political climate of war and its affects. The middle east is about to explode into war, though I hope not this year. This is not rocket science, you dont have to be telepathic to see this scenario. Also, Stockguy, all people all over the world are just as hard working as we are. It isnt patriotic to belittle your enemys and wave a flag. We are only people, no better than anyone else. We depend on sociolism, now even our corporations are depending on it. That doesnt mean we are commys. It takes growing up to understand the wisdom of not underestimating your enemys. Also objectivity. Your article was right on Kim

What Eight Central Bankers Think

Do any of you guys know anything about the dirivitive market. I've been hearing that that is the main cause of this financial meltdown.

Citigroup Report Further Fuels Debate About the Future of Gold

Hey Jimmy Lathrop, I disagree with you. I wont bother to explain The goldbugs at this site have worn the arguments down without saying much thats new and you wouldnt listen anyway. What I would like to say to you goldbugs is how about your opinions on the warning of Warren Buffet about the dirivitive market. Or would you prefer to redundently explain to Jimmy Lathrop the error in his logic? It gets kind of old and he, others like him wont listen anyway. I've heard we have a $516 trillion dirivitve bubble about to burst. I'm just a rook so please help me out and give me your opinion.

Enjoy the Strong U.S. Dollar While You Can

Do any of you know anything about the "dirivitive" market? I've read that we have a $516.00 trillion bubble about to burst, which will put us in a depression. According to Warren Buffet, the dirivitives are the financial weapons of mass destruction.
Of course I agree with the author of this aritcle about our dollar becoming worthless very soon, but as long as this country is in dept, do you think our loaner nations will let us pay them 5 cents to the dollar? If not our interest rates and taxes will go sky high. I may be wrong about that but I am a rook and Im learning as I go.
Dave

Retail ETF Investors Help Power Gold Demand

what are ETF's ? If you dont take the time to answer me, Capt, then will someone else answer? Just a ? from a rook

Is Gold As a Safe Haven Just a Myth?

To Tom Bombadii, and all , Its might be true that without fiat money our economy would have collapsed MABEY sooner. I dont kow. The strenth in fiat money is faith and trust, making it much more valueble than gold. We live on it but when that trust is broken and the only way our leaders want to fix it is to throw money at it without the proper regulations needed to keep them honest, then gold is definetly a true store of value. It will go up, thats my opinion though I dont know as much as some of the other gold bugs on the subject. Most of these arguments, gold bugs vs nongold bugs have already been hashed out over and over again.

Oil Heading for $150 a Barrel, Gold for $1500 an Ounce - Merrill

Hey Guys, I had'nt read all the comments before I sent my last comment. Let me say a few other things here, since stating my opinion is free. You know as well as I do America is a great country. No dought. But we are only people, no better than anyone esle. 500 hundred years ago we were not a great country, We were built on fallen empires and nations ideas going back farther than ancient Greece. We are the best now and for the last hundred maybe two hundrew years, a short time in history. The world is a wheel, we wont always be on top. We didnt come from monkeys, we came from GD. Prejidous or not, who cares? The policies of G. W. B. have caused our financial collapse, unnecassary wars causing maybe a million deaths, I have with good logic think our Great nation is in for a fall. The most god fearing and decent germans during world war two were sent to concentration camps because they spoke out. German people are fine people too, as are arabs, A society can go bad if you block out people's opinions and our gov is blocking out the real news on gold and I believe on military ventures just to name a few.

Oil Heading for $150 a Barrel, Gold for $1500 an Ounce - Merrill

to bosunj and IThinkBIg, You guys outdid yourselves today on giving your views to our near future. Many commentaters have asked the timing of gold rising in price, you two have not been afraid to state your opinions on approximate dates. Im impressed. bosunj seems more correct when he spoke of the "Decider". A war would be needed to put the world on the edge of world war three. I've been fearing that for a while. Its not just his legal troubles, but his ego that would cause him to start a war so he can end his term as a hero. A nuclear exchange would put the world in such fear, financial collapse, and if the arabs loose as the bible indicates, they would erupt in such hatred that they would be agains everyone as the bible also indicates, fighting against the "antichrist", Israel and Iran as well. I dont mean any offence to the arabs, just paraphrasing the bible. WHo knows whats going to happen but I do fear the instabillity of G. W. B. 's mind. Since this is about gold and oil You two have answered many questions in your "opinions" that many gold bugs have been asking. When? Great Comments.

Reality Dawning - for Gold

my hypothasis is that comments like the one from CLH, are just to draw out the opposing comments from you (and I) gold bugs. SO here is a question to you, CLH. Why dont you give a rebuttal on ussmits reply? Are you just commenting to hear what has been posted time and again or do you really have some wisdom you would like to share with us? So far you have'nt said anything.

Gold Sparkles During Financial Crisis - Barron's

I felt the same abot gold producing stocks. Would you have done better if you'd bought the bulliion?

Charts of the Day: Gold, and Baltic Dry Index

Pretty funny, user 30121. Dont be to harsh on them, they are only human. I do agree with you though. Also, maybe you should stock up on your household items as well, maybe we all should. You know what happened a few weeks ago in the souith east. They ran out of petro, life became much harder. Reading all the comments from you guys and it seems to me that most of you see the wisdom of buying gold versus the money players that are out for a quick profit and gold disapoints them. Let me know if you think Im wrong. I wont be offended, even if you call me another wacko.
Dave

Gold / Silver Ratio Tops 80 to 1

Hey Guys, I really am a rookie on this subject. In the last few months I've learned from reading these articles and comments what the uptick rule was and selling short among other things, but I do believe buying gold now is the prudent thing to do. Many empires and great cilivizations have falllen in history. None of us know what will happen tomarrow. Our current bull market of capitalism is possible through our socialism (taxes). Its not a true boromameter or measure of value and gold and silver are since time emmimorial. If you want to make a quick profit then that is something else but to guard against reckless politicians and wall street greed, you should buy gold. Thats the way this rookie feels.
Dave