Central Banks dumping gold? Are you kidding me? They are "prevented" from "selling" (really lending..they NEVER sell their gold) more than 500 tonnes annually. This year TOGETHER the central banks have not "sold" that much gold. They have even gone so far as to state they will be refraining from any further gold activity! SO, what gives you any indication they are doing so, when China, Russia, France, Italy and others are buying as much as they can get their hands on? Even if they DO "lend", what does that do to the almighty dollar? Give it up, please! If you want to chide the Pinelli's of the world, go ahead, but make sense, huh?
First Fuel, Now Metals - Forecasts Lowered [View article]
I'm a PM hoarder, no mistake there! What I find interesting is that this author is quoting UBS?? WHY? Thats like asking the Coke analyst to give his take on Pepsi for 2009-10. Of course, what you NEED to know is what holdings UBS has, and what is their motivation to make such a call?
Me, I'm going to CONTINUE TO ACCUMULATE GOLD AND SILVER until I can't find any more, period! You see, I look at it this way. I tried the market (for my retirement) and lost mid six figures in 2000-1 thanks to my broker/advice.
I have been accumulating gold/silver since. Now, how do you think I am fairing? Buying on the dips is a no brainer!
Hey CLH, we gave you up for dead! Glad to see you still kicking. And Kicking you will be as your USD goes down the drain and gold hits NEW highs over the next 6-12 months!
The International Gold Rush: Bulls May Soon Be Rewarded [View article]
Very nice piece, Jim. Thanks.
When I was reading, I just KNEW that CLH and his narrow-minded, backward-looking cronies would pitch a fit! They CANNOT understand the inner workings of gold (and silver). Many of you that posted DO know those workings. I'm buying gold and silver, taking POSSESSION, and I'm just waiting.....to smile!
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
EE, Kelly Lieberman, et al. You can tell these non-believers only so much...before you turn BLUE! Let them go, it just makes more gold and silver available for US! I've given up trying to enlighten these nay-sayers/non-believe...
Gold and Silver Sparkle During Rough Week for Markets [View article]
Marc, good article! Can you enlighten me why PHYSICAL POSSESSION PURCHASES of silver (and gold) are not mentioned in this article as a means for investors to employ?
Oh yes, UBS is right on target....and of course what they forgot to include in this piece is that there won't be ANY hurricanes or tornadoes in 2008, 2009, and 2010 either....those crazy sonofabitches. If that prognostication in itself isn't enough to make you RUN--not walk--to your nearest bullion dealer and clean him out of every piece of gold and silver, nothing EVER will!
First, I really enjoyed this article. Thanks for writing it. Second, stocks and ETF's are fine for some, but I prefer PHYSICAL HOLDINGS of my precious metals, primarily gold and silver, for the most OBVIOUS reason of all: those stocks and ETF's may not be worth the PAPER they're printed on when push turns to shove one day!!!!! Right now as I write this, gold and silver are BEGGING to be bought/hoarded. Get some while the "gettin' is good".
Ian McAvity on the Economy and Gold [View article]
I LOVED this Q&A. Marvelous! What about IM on the Economy and Silver? Can (or should) we individual investors "replace" gold with silver as a vehicle for store of value? Thank you so much!
Profiting From Bernanke's Super-Fed and Obama's Newer Deal [View article]
By the end of the day there will be ENDLESS responses by totally IGNORANT and UNINFORMED posters ranting on their meaningless nay-saying views.
SWR: As usual, your comments have SUBSTANCE and VALUE!
Don't Miss the Coming Gold Bull [View article]
Central Banks dumping gold? Are you kidding me? They are "prevented" from "selling" (really lending..they NEVER sell their gold) more than 500 tonnes annually. This year TOGETHER the central banks have not "sold" that much gold. They have even gone so far as to state they will be refraining from any further gold activity! SO, what gives you any indication they are doing so, when China, Russia, France, Italy and others are buying as much as they can get their hands on? Even if they DO "lend", what does that do to the almighty dollar? Give it up, please! If you want to chide the Pinelli's of the world, go ahead, but make sense, huh?
Jeffrey Christian: Foreseeing Bright Days for Metals [View article]
First Fuel, Now Metals - Forecasts Lowered [View article]
Me, I'm going to CONTINUE TO ACCUMULATE GOLD AND SILVER until I can't find any more, period! You see, I look at it this way. I tried the market (for my retirement) and lost mid six figures in 2000-1 thanks to my broker/advice.
I have been accumulating gold/silver since. Now, how do you think I am fairing? Buying on the dips is a no brainer!
Good luck!
Gold Prices Finally Catch Fire [View article]
The International Gold Rush: Bulls May Soon Be Rewarded [View article]
When I was reading, I just KNEW that CLH and his narrow-minded, backward-looking cronies would pitch a fit! They CANNOT understand the inner workings of gold (and silver). Many of you that posted DO know those workings. I'm buying gold and silver, taking POSSESSION, and I'm just waiting.....to smile!
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
Gold and Silver Sparkle During Rough Week for Markets [View article]
UBS Analyst Raises Gold Stocks' Price Targets on Higher Gold Price Forecasts [View article]
$200 Oil, $2000 Gold? [View article]
Ian McAvity on the Economy and Gold [View article]