billyboy54

Dollar Hegemony Is Ending

" Kind of a senseless article. Basing our economy on green religion sounds like leftest nonsense."

only if you're a right wing nitwit......

The Coming Consequences of Banking Fraud

I just noticed that Jim Sinclair has picked up this article and referenced it on his website JSMINESET.COM.

He's an old time gold trader and guru.

The Coming Consequences of Banking Fraud

Great article Mr. Kim, it's why I "follow" you, keen and knowledgeable -- and fearless -- analysis, and truth telling.

Just what we need at this time, and get much too little of.

Have you thought about becoming a contributor at ZeroHedge.com ?

I think that community would welcome your contributions.

Gold Prices Are a Sign of Nothing

testing

China, Gold and the Non-Open Door

IMHO, China is talking up the price of gold, in retaliation for Ben's QE policy devaluing their dollar holdings.

They have already publicly disclosed they've been stocking their reserves with gold for several years now, and recently have disclosed they are urging their citizens to buy gold and silver.

Ben has said that in the 70s stagflation "we let the price of gold get out of control".

Since then, its price has been suppressed by Western CBs.

China is making that suppression harder, but talking up the gold price. Money flowing into gold is flowing out of treasuries, driving yields higher, making QE even more catastrophic for the costs of servicing our debt.

We think we won the Cold War......but not all the players have stopped fighting yet.

What Gold's Breakout Means for Stocks

"the global stimulus will buy enough time for the consumer to recover."

you were wrong on gold's move too.......

Five Charts to Rule Them All

These charts show what the computers and trader-speculators are doing.......nothing else.

Rhodium: The Most Precious Precious Metal

You can buy the Australian firm Lynas, a rare earth mining company, as an American ADF type thing.

Symbol LYSCF, currently trading at $0.58.

New Central Bank Sales Agreement Is Very Bullish for Gold

"Why not buy oil or Canadian farmland instead? "

uhhhh, you can't eat oil, or farmland either......or dollars.......why hold them ?

Is that your reasoning for not having gold/silver ? LOL


On Aug 08 07:35 PM realold wrote:

> This is interesting but it seems a bit odd.
>
> First, don't governements really like inflation, as it tends to make
> their debt meaningless? If you have 5 trillion in debt, but inflation
> now means that it takes 50 trillion to buy the same thing as when
> you established this debt, then your debt is effectively 1/10 of
> what it was. See Lyndon Johnson, VeitNam, Great Society, 1970's.
>
>
> Second, you cannot eat gold, you cannot make your truck full of goods
> move even an inch feeding it gold, you cannot pump water, keep yourself
> from freezing to death or make fertilizer out of it. Why not buy
> oil or Canadian farmland instead?

Why Another Stock Market Collapse Could Be Imminent

Stocks are NOT real assets. REAL assets are land, metals like gold and silver, oil, etc.

You'll find out how real stocks are as assets when this bear rally runs out. All the shorts have been run out of the market, leaving no floor once the big guys decide they have enough profit.

Got gold ?


On Aug 06 11:27 AM Albert Ling wrote:

> Even if the economy worsens, cash is still not the place to be, eventually
> the trillions of new money created will appear and devalue cash,
> bonds, any kind of nominal debt and savings. So only place to be
> right now is real assets (stocks). "smart money" investors know this
> obviously and that is why the market is rallying.

SLV: Is It Solvent?

There's a new silver ETF: SIVR

Mortgage Melt-Down Investigation: Goldman Sachs and Deutsche Bank Get Served

Congresscreatures get points for doing an "Investigation" of these bad people, but will thankfully find nothing that requires them to do anything or change anything........unless there is a "rogue" trader who can be scapegoated.....er .......prosecuted......

oops, pardon my cynicism..........

UBS Halts Inverse and Leveraged ETF Trading

As I understand it, Naked short selling (i.e., short selling without having the borrowed shares in hand) has ALWAYS been banned, therefore illegal.

Does anyone believe the SEC is now going to enforce that ? pfffffffftttttt


On Jul 27 04:51 PM Analyste de Boston wrote:

> (I meant to write "naked short selling," in the intro to the first
> link.)

Winter's Coming for the Boomers: Part 1

Give me a break. Generations are not homogeneous enough to characterize in this ridiculously simplistic and overly dramatic (and rather too religious for my taste ) way, any more than ethnic and religious groups are.

The desire to reduce the complexity of the world to emotionally manageable bites of simplistic stereotyping, lies behind much of the world's misery throughout the ages.

I like the sentiment attributed to Einstein: Things should be made as simply as possible, but no simpler.

Reducing a whole generation of human beings to one type of activity (Prophet......omg ) is beyond stupid, IMO.

It also keeps us from focusing on the reality of this mess, which joes and jerrydd both reminded us of, above.

Let's stick to finance and economics instead of pseudo-psycho-philosop...

It's the economy stupid........

Gold Isn't Tracking Inflation as Well as Oil and TIPS

Harry Schultz, one of the oldest, most widely known, and most venerable of financial newsletter writers, advised his newsletter recipients last year to hold AT LEAST 30% of their portfolios in gold and gold stocks.

I followed his advice, but hold more than that........I've done well, while all my retired friends who let others handle their money, have lost 30-50% of their life savings.

This is why I hold gold and gold stocks.