Robert Cassidy

Is a Gold Correction Imminent?

There is frequent news about " "safe haven flight to the dollar".
nonsense ...It is not only the USD but in varying measures all currencies that have relentlessly lost value over the years , at a rate transcending the apparent interest which they accrue ... .On the contrary , it is Gold that will buy more today than it did 50 years ago , as opposed to the dollar which has only retained about 5% of its purchasing power..Except for interim corrections , the exigencies of Governments chronically spending beyond means and expanding the supply of fiat currency , this trend will continue in the future as in the past
Robert Cassidy - Denver

Gold and Silver - How High Will They Go?

MarkAnthony is right on target ! ...To wit - I bought a new VW over 50 years ago ,,the price equated to 30 ounces of gold ..the price today of an upscale new car ? ..still 30 ounces of gold !


On Nov 25 11:03 AM Mark Anthony wrote:

> Ask NOT what gold can do in dollars, ask WHAT dollar can do in gold.
>
>
> The correct question to ask is not high high gold can go, in terms
> of the dollar, but how LOW dollar can go, in terms of gold ounces.
>
>
> Gold is a near constant measure of valuation. Gold doesn't change,
> it's the dollar that's going down.

Is the Gold Rally Overheated?

Support for the US dollar at current exchange value level is clearly unsustainable ...
.At the explosive increase in dollar supply floods the markets , a corresponding increase in the dollar price of nearly everything , gold included , is to be expected .
The US dollar is already a wasting asset , with interest yield far below real inflation rates

What Is Going On With Gold?

I don't know what kind of tobacco the author is smoking , but the massive ...and intrinsically unpayable private and public debt runaway dictates a substantial dollar devaluation ..Yes - all currencies are fiat ...but Gold is not ...I bought a new car 50 years ago for a thousand dollars today the price in dollars is twentyfold ...but in gold - unchanged !
It is time for someone to wake up and smell the coffee .....

What's Happening to Gold?

This is a superb assessment !
There is indeed widespread unawareness about the level of clandestine intervention by central banks in the form of gold loans and "swaps"
My compliments to Balaji !
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Precious Metals Manipulation: Lawyers Prepare for Battle

The cited circumstances do strongly suggest heavy- and clandestine central bank intervention in a quest to underpin the 6 trillion US dollar trove which they hold....a weak and vulnerable asset .
While none of this activity will ever be proven , the dollar fundamentals have not at all improved .....and the support campaign will not be sustainable ...Gold and silver will rebound to new record highs ...not because they are especially dood ,,,,,but rather because the dollar is inherently so bad ....Only the painful reality of a sharp dollar devaluation can possibly restore order to trade balance
The USA enjoys an enormous credit line ,,,,but not unlimited !

Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar

Truthbehold may be a student of Josef Goebbels !.
Well packaged fantasy will sell better than fact , if it is what the audience prefers to believe .

Gold to Replicate Oil's Parabolic Move; 30-yr Treasury Yields to Soar

The "Bakken" formation (Williston basin ) ...MT & ND has been recently ballyhooed to contain 500 billion barrels of recoverable crude ...
Is this by any remote stretch a fact...or rather an orchestrated propaganda ploy to."scare down" the price of oil" ?
It appears that Josef Goebbels ...or his Ghost....is alive and well !

Gold is Money - And Nothing Else

The notion that gold is"volatile ' and "fluctuates" is absolutely erroneous ..It is the dollar and other fiat paper currencies that meander...but over time - decline in value. The automobile I bought 50 years ago for $1000- now costs $25,000-...But the price remains the same in ounces of gold.!....yes.... gold is money ...the only durable money that cannot be debased by derelict governments !