auto44

Precious Metals Are Bullish on Pullback

Sorry that should read trade at roughly10%.

Precious Metals Are Bullish on Pullback

busajimmy The shares represent one tenth of an ounce of gold. That's why the trade at roughly 100%

Want a Way Out of the Economic Stupidity? Buy Gold

The most dangerous thing we have is our government which has become so corrupt and riddled with stupid and /or crooked people and so bastardised that you can no longer recognise a semblance of the republic for which it stands that we used to be so proud to pledge allegance to. It is up to the individual if they want to trust in GOD or not, but to trust in anything else these days seems illogical. Including our dollars which say in god we trust. There used to be a joke in god we trust all otrhers pay cash, now that is a joke, both the paying and the cash parts.

Want a Way Out of the Economic Stupidity? Buy Gold

YH, You don't have to invade it you can buy it with paper, just like the Chinese are.

Brent Cook: Turning Rocks into Money

I wouldn't judge him on politics any more than I would judge my doctor that way. I do agree with your political feelings though.


On Jan 28 07:39 PM J Galt wrote:

> If you're drinking the Obama koolaid no reason to suppose you are
> clear thinking in other areas. Close Gitmo with no idea of what to
> do the the prisoners, no transparency about his origins or his press
> conferences, opening the door to more terror attacks by acting like
> a wuss. Thanks for the warning about your thought process and intellectual
> integrity.

John Doody: A Winning Situation for Gold Stocks

I liked your comment but don't believe Crammer, he's all over the place on everything.


On Jan 21 05:22 PM ED K wrote:

> The trumpeting for gold continues.I've been hearing this for months
> now and have not seen it materialize.
>
> When it hit it's high Cramer said it was going to $1600.00 an ounce
> shortly thereafter it lost 25% percent of it's value,recently it
> was citigroup saying $2000.00 an ounce.
>
> The gold producing companies stocks have been hammered and gold seems
> to have been range bound.
>
> I believe gold stocks have upside but only because they are priced
> so low.The price of gold on the other hand could go either way depending
> solely on the direction the economy takes.

Gold as a Truly Last Resort

Good comment. Are they tax dollars or just printed out of thin air? I think they are only tax dollars in as much as they devalue the dollars we now own.

On Jan 12 10:15 AM know nothing wrote:

> Well it looks as though gold will retest it's previous lows,that
> is how it looks today.But at some point gold will establish a low(bottom)
> and confirm that bottom by bouncing off of it and then creating higher
> highs and higher lows.The oppurtunity for large gains in precious
> metels usually comes when we are comming out of a recession, fore
> inflation is a by product of a recession. Therefore the price of
> gold still searching for a bottom,would indicate that we are not
> even half way through the current recession. Thus dollar cost averaging
> should be part of your portfolio strategy ingold,it appears another
> buying opportunity right around the corner. The hurry up and pass
> the next stimulus package is like dejavu, I hope the next adminstration
> can at least tell the american people where their tax dollars are
> being spent. Sooner or later the american people will figure out
> that the current economic model is not one which was designed to
> last for ever and will finally need to be completely overhauled,
> much like the Roman empire failed,the current american consumer model
> will fail as well. The longer we prolong the pain the more it will
> hurt when it finally does fail. Noone seems to understand that you
> can not borrow your way out of debt!!!

Gold as a Truly Last Resort

Only knock on physical gold is high trading and storage costs and risks of being stolen or lost in some disaster if kept at home.


On Jan 12 05:08 AM Ron Mahabir08 wrote:

> Some very relevant points, and overall agree with your analysis.
> Timing, however, is the key here. Your scenario could take a while
> as the whole "old system" is bent on survival. That said, can't be
> too wrong going long physical gold for the long-term (5 years+).