mauijeff

Gold's Strength Should Last Years - J.P. Morgan

What ever. If J.P Morgan is telling people gold will go up a little what does that mean? They are the naked short sellers. J P Morgan is not going to give any honest advise on gold.

The Dollar Is Dead

China has moved to only buying short term treasuries. There is no demand for the longer term securities so the FED announced it will buy them starting this week (this means that the FED has been buying them for some time). The exit from the dollar is in it's early statges. The dollar may surge agian if there are large stock market sell offs but the deal is done. The dollar is a dead man walking.

Has Gold's Downward Trend Ended?

The GLD ETF has created a wonderful derivative to sell gold that does not exist to satisfy the demand of gold investors. It is may opinion that the GLD ETF does not own anywhere as much gold as it claims. It leases it's gold out and has leases on yet other gold. GLD could not settle it's gold account without having to claim gold already claimed by others. So it's all a big scam (GLD was set up by J P Morgan) with the allusion that GLD is selling actual gold. If the spot price of gold represented the actual price of buying physical gold it would be much higher then the COMEX paper manipulators are pushing.

Ask yourself a simple question. If all the gold contacts in the GLD ETF were settled, what would gold cost per ounce?

Time to Be Bullish on Gold and Precious Metals

The SLV and GLD ETFs are derivatives. They are not vaults with the metals. These ETFs lease there metals freely. Almost all of their metals have multiple claims. If you want to invest in silver and gold you should use the Central Fund of Canada (CEF). The CEF holds it's metals unencumbered.

The WSJ Is Right - U.S. Should Return to a Gold Standard

This government would rather bankrupt us than be fiscally responsible.

Gold: The Long-Run Value

Great, thank you.

The U.S. Dollar: Waiting to Tank Gold's Run?

Gold gold gold

Gold: Wealthy Investors Want Bars, Not Paper

"people have stopped buying stuff they don't need with money they don't have because it was a bad idea in the first place"

This is the new reality. Too bad the only trick our debt based fiat system has is more consumption based on debt. I think this is the central problem in our current crisis. I believe people won't buy as much stuff and this will cause the collapse of the current economic system because with no new debt, there is no new money. No new money means we cannot service existing debt.

What Does Gold's Price Behavior Mean?

I think that the price of gold will go up but it is not shooting up as quickly as it should because everyone is curious to see if the central banks are going to swash it. Central banks don't like gold leading the fiat currencies. The real question is if the central banks will put their gold for sale to lower the price. It appears the COMEX shorting conducted by the central banks via J P Morgan Chase and friends is becoming less effective due to backwardation. My opinion is that the dollar and most world currancies will be debased for obvious reasons. Unless central banks are willing to depart with alot of thier gold, the price of gold will go up and this increase in the price of gold will be an unwanted price the central bnaks will have to pay.

Four Reasons for an Immediate Rise in Gold

I know what you are talking about, can we really trust wall street to honestly manage a gold trust? You should look at GTU and CEF. Both are on the AMEX. and are Canadian. They hold their gold unencumbered for which you pay a premium, but I believe it's worth it.


On Dec 29 09:56 AM sdavid0419 wrote:

> If our government continues to print money (and with the Obama administration
> the only question is how much) deflation will have to give way to
> inflation sooner rather than later. Oil producers have already made
> it clear that they will control supply to get a price that yields
> them a profit. The fact that there are very few stable currencies
> around the world will drive gold up. For me, once Moody's lost my
> respect I have no desire to invest in a market that favors CEO pay
> over stockholders equity. You can only put so much into insured
> CD's. There is a kiosk in every mall with people buying gold at less
> than half its value. The banks of the Sacramento river have more
> panners now than during the gold rush. People buying gold are waiting
> longer and longer for delivery. My only fear now is that this GLD
> fund turns out to be another scam and all the gold I think I own
> isn't really there. Thats not to far fetched considering all of
> the other things we thought sacrid are crumbling.

Fed Says Buy Gold: The Start of a Bullish Pattern

The US has turned it's back on the dollar. If the EU and other countries do the same, I believe that there will be even more world wide demand for the yellow stuff.

Dollar Down, Gold Up

This deflation is a transitory. How can you not see that oil went down due to investors need for liquidity. Oil prices will not go back up as high in the recent past, but they will be up enough to make inflation a factor. Open your eyes, retailers are selling things at 'GOING OUT OF BUSINESS PRICES". After the first quarter next year, go to your local mall and see for yourself how many retailers will be out of business. The remaining retailers will have to charge real prices to stay in business.

Have you eaten out lately? If it was not Mac Donalds then it was not cheap. Have you see your grocery bill go down? Who cares if home prices are falling, nobody is buying. Who cares if cars are cheap, no one is buying. The consumer is trying to pay down debt, and what little spending they are doing will be effected by inflation.



People are buying gas and food, and those items will not be cheap.