gooter

Gold: Four Reasons to Expect September Gains

Gold "typically" moves higher as autumn draws in? Really, 20 of the last 40? So, half the time it doesn't?

Invest in Gold to Hedge Against Hyperinflation

IBM=1 piece of paper saying you have $116 ownership in the company. Try and have them liquidate to collect it. GLD trades on its current value same as any stock or investment. What fears buggers have of collapse have little to do with modern investment. Their main bet is the collapse of the world economic system, in which case physical gold may be the best bet. I see a lot of opportunity between now and then, and gld serves my needs.

Additional Thoughts on GLD

Well said kid. Buggers are of the same ilk as the unabomber, social misfits, paranoid skids, nerdy loners, etc. etc. What they cannot understand is inherent risk and value. Pros can gloss and charm a stock until it has a value exceeding its intrinsic worth, and they are considered smart. The stock may be AAPL or it may be AIG. In ANY investment there are risks as to the viability, value, longevity, or credibility. Why the buggers get after GLD makes little sense, but its their little entertaining ant farm, let em have their fun.

9 Cures for Gold Fever

investing is more about perception and less about real value. Real value cannot be determined in a macro sense, and therefore it's a fluid determination. The only thing that matters is the difference between what you buy it for and what you sell it for. Who cares what the return on gold(or any other investment) is while I hold it. I will see my real return upon selling. If I could buy mud and resale it for a profit, it would matter little to me if it is universally accepted as currency, politically acceptable, edible, sought after, etc., etc.. If I feel someone will PERCEIVE what I'm selling to be of more value to them, than what I purchased it at, then that's a good investment. If they pay less, my perception of its value was off. Gold could be cow dung for all I care. I own it because I believe someone will buy it from me for more than I paid. Period.

8 Reasons ETF Investors Go for the Gold

gold isn't money? EVERYTHING is money, marbles, toothpicks, rocks, and on and on. If it can be traded, it's worth will be determined by another party. You can accept the trade or not. What you pay and what you accept in trade is up to you. If you don't like the medium being used, you don't make the trade........DUH!!

1100 Tonnes Now in the GLD Trust

Cost of risk for being in GLD vs. the physical metal is the 8-10% premium on physical + storage. Like any investment, gamble one way or the other on the risk. If it's (GLD) a cheesy piece of worthless paper, I'll happily buy it if I can sell it at a good return, regardless of how a bug feels about it.

Gold is Overbought: Time to Short Barrick?

i noticed gold traded above it's "normal trading range" on multiple days in Jan., Feb., and March? How is that possible? Shouldn't it stay in it's normal range? What was the recommendation in early Jan. after it's first spot over the range? Also, could you show the "normal trading range for the next 12-24 months?

What Do We Need In 2009? More Failure

Huh?! you sound like a lawyer. Mommy must have got you out of trouble everytime you failed.


On Jan 01 08:34 AM Crocodilian wrote:

> "But Bailout Nation doesn't believe in failure so much anymore."
>
>
> Not clear that that is a true statement. We've had lots of corporate
> bankruptcies, but our system has assumed system-wide leverage that
> was not ready for a severe stress. Add to that, the painful reality
> is that we don't have the systemic resources to process a major failure
> -- say, a GMAC or WAMU.
>
> If you want to "make room for failure" in the system, the system
> architecture needs to be robust. Venture backed firms go bust all
> the time; but they are funded with equity, not debt, and nothing
> much bad happens when a startup become a shutdown. Paradoxically,
> we give significant tax incentives to debt (which is payable out
> of pre-tax income) over equity (which pays dividends out of after
> tax income); we should not be surprised that a whole financial industry
> developed to replace equity with debt. More equity and less debt
> would leave us more room to let things fail.
>
> Second, financial institutions have to be designed to, as software
> architects say, "degrade gracefully". Institutions like the investment
> banks degraded catastrophically-- pull one thread, somewhere in the
> system, and they rapidly fail. Not only do they fail, but as we saw
> with Lehman Brothers, they fail in a way that threatens to force
> the failure of their entire web of business counterparties.
>
> Third, there should never again be such a thing as an "implicit guarantee";
> obligations need to go on the books as explicit, or stay off the
> books and be disclaimed. The bizarre chimera structure of the GSE's
> was a most pernicious contributor to a system that was ambivalent
> about failure.

Financial Meltdown: Good Luck, Bad Luck, Who Knows?

Capitalism, by itself, bears out the true nature of a man. It can corrupt, motivate, teach, reward, and punish. When you learn to practice it beyond charts, cash flow, fundamentals etc., from a people perspective, you can enrich your life and the lives of others. Working for enrichment vs. money leads to a more fulfilling life.

Cramer's Lightning Round - The Most Dangerous Stock for 2009 (12/23/08)

You should always be considerate of anyone who tells you how to get rich. After all, they are doing it as a charity for you. Certainly, Cramer doesn't need to be on TV, being paid, to get rich. He can stay home, utilize his uncanny daytrading skills, and make a fortune. There cannot, possibly, be any other reason to "share" this advice, other than charity. Now, given the fact it's "charity" and he'll make a killing whether or not he shares his advice with you, millions of viewers must be making a killing, also. Therefore, it should only be a matter of time before the show goes prime time, becoming the ultimate get rich quick scheme of all time. Gosh, making money is easy. Just turn on the TV and this guy tells you how. What a great country!

Enlightening the Gold Bugs

if the stimulus dollars stay in the bank and don't circulate, sure, you could have deflation. but eventually, creditors will need to be paid. fed will not allow the banks to hold on to the money, velocity will pick up, and the expanded money supply will feed the inflationary elephant in the room.

Why I See Long-Term Deflation

i have a difficult time seeing how a population raised to spend will suddenly change their behavior. short-term, yes but long-term i cannot envision the US as a nation of savers. the dna in americans doesn't include frugality or long-term thinking. we will regroup, assume the govt. has got things going, and assume our historic method of operation. sad but true. inflation is inevitable with the freshly printed dollars wallpapering our nation and available for nothing.

As Good as Gold?

gold is nothing more or less than money, exchangeable in any nations currency. i could care less what it's done historically, i care about what it's current and future value may be. find me another "money" that will react in a positive manner toward the events shaping our current environment, (I see everyone loaded with new dollars but unable to afford anything) i cannot see the USD or, for that matter, any currency, standing stronger after the printing presses get done making the currency to stimulate the global economy.