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solarcircle

solarcircle
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  • Gold At An Inflection Point [View article]
    GOFO rates and their effect on gold price:
    http://bit.ly/1lqHZZc
    Apr 20 02:05 PM | 1 Like Like |Link to Comment
  • Gold At An Inflection Point [View article]
    Yes, I'm sure you don't wish to hear the word "manipulation" - I'm sure you think it's completely normal when over 400 tons of paper gold are dumped in a few minutes at a time when the market is thinly traded. Of course that couldn't possibly be manipulation.
    Apr 20 01:59 PM | 2 Likes Like |Link to Comment
  • Gold At An Inflection Point [View article]
    Those buyers do not set the gold price - until they do. When there is not enough physical gold to make deliveries the price rises to fill that requirement. Sentiment doesn't negate the basics of supply and demand.
    Apr 20 01:54 PM | 1 Like Like |Link to Comment
  • Gold At An Inflection Point [View article]
    It seems that those calling for lower gold prices don't understand what negative GOFO rates mean. They are negative to 6 months out now which means that those with physical are less willing to trade gold for dollars and that physical is in short supply. China is increasing not decreasing it's purchases and India is allowing more imports and will likely drop it's tax on gold as the new government comes into power next month. There is huge pent up demand for gold in India. How does this show that the gold price is likely to fall?
    Apr 19 01:43 PM | 3 Likes Like |Link to Comment
  • Gold: The Declines Won't Stop Here [View article]
    Richard, of course you would expect comments on manipulation as the facts clearly support that view as you well know.
    Apr 2 12:40 PM | 1 Like Like |Link to Comment
  • Rates Up, Fear Down: Washington Crossing Advisors Say 'Stay Away From Gold' [View article]
    as inflation happens in emerging markets and others as well as distrust of their governments you see demand for gold increase. In Canada our dollar has recently gone down about 10% compared to USD. It seems that most analysts have a very U.S. centric view. ETF's have already been raided so where is the gold supply going to come from now to keep the price in check? Gold has moved from west to east and continues to do so, into strong hands. Any retreat of price is met with more buying and the GOFO rates which are often negative show this. My prediction: much higher price by 2015. And no inflation? The price of food is up 19% this year - have you noticed the droughts, especially in California as well as increasing weather events? Climate change is becoming a major factor.
    Mar 29 09:47 AM | 3 Likes Like |Link to Comment
  • Gold continues slide [View news story]
    JW1KSC, why would you want to get oil to the gulf or anywhere else? Much better for the economy and the environment to switch over to green energy - solar, wind, tidal etc. Ocean acidification from C02 is killing life at the bottom of the food chain and will destroy all coral reefs in less than 40 years. The writing is on the wall - burning oil is destroying the environment so that is a negative for the economy - haven't you noticed the drought in California and therefore rising food prices (food up 19% this year)
    Mar 27 03:34 PM | 1 Like Like |Link to Comment
  • Gold continues slide [View news story]
    ltsgt1 are you kidding? the dollar reserve status is in no way a burden. It allows the government to print endlessly and ship the dollars off shore. It is the reason that U.S. citizens enjoy their high standard of living. When the dollar loses reserve status watch out below.
    Mar 26 08:20 PM | Likes Like |Link to Comment
  • Gold: The Declines Won't Stop Here [View article]
    Richard, if you think manipulation by banks and the fed is a conspiracy theory then you are out of touch with reality and with the evidence which is overwhelming - and not just in the area of gold price manipulation.
    Mar 25 02:51 PM | 14 Likes Like |Link to Comment
  • The Asinine Gold Sell-Off? [View article]
    there seems to be a correlation with the GOFO rates. As they turn negative gold tends to rise, as they turn more positive the ability to slam gold returns. It seems to be about the flow of the metal. I'm betting that slam is getting progressively harder to execute.
    Mar 25 12:04 AM | 1 Like Like |Link to Comment
  • Goldman sticks with bearish gold forecast [View news story]
    krugman, perhaps you haven't been watching very closely but gold is up about $150 off it's low. And everything doesn't revolve around the U.S. - gold has protected me against a 10% drop in the Canadian dollar and there are many emerging markets in the same boat. Stocks can go to zero but gold always has value.
    Mar 21 02:07 PM | 4 Likes Like |Link to Comment
  • Futures slip, gold gains after Ukraine vote [View news story]
    so I guess the EU won't mind if the Russians shut off 1/3 of their fuel supply. And I suppose the U.S. won't mind if the Russians start selling their oil without the dollar, hastening the demise of the petrodollar. The Russians aren't toothless. The U.S. should start minding their own business and stop instigating (they funded the overthrow of the Ukraine government - and are supporting the new neo-nazis in power)
    Mar 17 04:16 AM | 2 Likes Like |Link to Comment
  • Russia Forex Selling Highlights Monetary Policy Risk To Gold [View article]
    gold is selling off big? It's now March 12 and gold is much higher. Do you want to restate that statement?
    Mar 12 10:57 PM | Likes Like |Link to Comment
  • Russia Forex Selling Highlights Monetary Policy Risk To Gold [View article]
    yup, good work those who sold at the top - oops, gold is way higher now on March 12. I guess you might want to rethink that golfin.
    Mar 12 10:56 PM | Likes Like |Link to Comment
  • Things You Probably Don't Understand About Russia's Agenda And Why You Need To Understand Them [View article]
    Chrys, that's not what was being said. Russia is only being forced to protect it's interests in Crimea and to stop the U.S. from making Ukraine another NATO state. How did the U.S. feel when Russia tried to move into Cuba? same thing.
    Mar 12 10:25 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
260 Comments
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