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O-B-WON » Comments » GLD

  • Another Crisis Looms Right Around the Corner [View article]
    Gold.. ie metals... are only a part of diversification plan.. I would venture a guess that you've never heard about black swans...


    On Nov 25 02:34 PM airglow wrote:

    > I can’t believe how many Wing Nut doomsday cult members are out there
    > reading Seeking Alpha.
    >
    > I don’t know where you got your Debt to GDP ratio number, but it
    > is off by a factor of 4.
    >
    > en.wikipedia.org/wiki/...
    >
    > The actual US Debt to GDP ratio is about 70%, even after the huge
    > deficits of 2008 and 2009.
    >
    > Japan’s Debt to GDP ratio is about 200%, I don’t see mass starvation
    > or hyper inflation in Japan; please explain how Japan has managed
    > to keep its country from falling into anarchy over the last 20 years?
    >
    >
    > Why would anyone buy Gold? I know it was money for most of the history
    > of civilization, but it hasn’t been for several generations. Do all
    > of you doomer Wing Nuts believe we will revert to using Gold as Money?
    > If it gets as bad as the author and most of the survivalists cheering
    > him on think it will, Gold will only have value for use in Jewelry
    > and Electronics, as it has since the world went off of the silly,
    > arbitrary, anachronistic Gold standard over half a century ago.
    Nov 29 00:58 am |Rating: 0 -1 |Link to Comment
  • Current Gold Price Is Not a Bubble [View article]
    For me, gold is part of my insurance policy for financial security... not an investment..

    I don't really care about day-to-day fluctuations...

    plus I never have to renew my policy...

    It all depends how you look at it...
    Nov 15 08:28 am |Rating: +4 -1 |Link to Comment
  • Recycling U.S. Coins into Silver [View article]
    When you buy from Monex... you pay at a rate of .715 ounces of silver per face dollar of coins.. I'd be very happy if it is closer to 90%...
    Oct 29 21:47 pm |Rating: +1 0 |Link to Comment
  • Precious Metals: Breakout, Fakeout or Shakeout? [View article]
    "Meanwhile I'll keep my eyes and ears open for the flapping of black wings in flight."


    Excellent article Steven..

    I believe a lot of us are hearing the sounds of wings already…
    Sep 06 10:40 am |Rating: +5 0 |Link to Comment
  • Worst Housing Number in Decades: What Is the Wall Street Media Smoking?  [View article]
    Avery...

    The twisting and spinning of stats is now just the norm..

    If you're one of the sheeple, you'd be having a warm and fuzzy that "things" are getting better.... too many sheeple believe what they're being fed by the controled media... we're in deep kimchi...

    Do figures lie or do liars figure?
    Jun 17 08:43 am |Rating: +4 0 |Link to Comment
  • If Gold Bugs' Fantasies Came True [View article]
    Diversify and have balance…expect the unexpected.

    There is so much false information and manipulation out there that it defies explanation as to what “THEY” are up to.. and most of the time I don’t even think “THEY” know their ass from a hole in the ground..

    Hope for the best and enjoy life as it exists now, but also buy metals, guns, ammo, food, barter items such as whiskey and toilet paper, and some land to live off of and keep your ass off the ridgeline…
    May 16 22:32 pm |Rating: +3 0 |Link to Comment
  • Bear Market Over? Not So Fast [View article]

    Classic

    "Dead Cat Bounce"
    Apr 03 06:45 am |Rating: +2 -3 |Link to Comment
  • It's the End Of the World As We Know It and I Own Gold [View article]
    It all depends.... from which perspective you are looking at gold.

    Are you looking at it to make money as an investment because of it's volatility, or as a store of wealth or purchasing power.. in any event, it's one of the 10 "eggs" in my basket... I think they call it diversification.
    Sep 27 01:52 am |Rating: 0 0 |Link to Comment
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