Conan the Barbarian

Are We More Like 1932 - or 1923?

Save up a year or two of money? Buy physical gold instead of saving USDs.

Do it on an ongoing basis.

A month maybe, 2 years of devaluation, I think not.

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

Post world war Germany had unsolvable problems because it did not receive the same Aid that other conflict ravaged countries did.

If the entire world had done exactly the same thing at the same time, how would it have led to Hyperinflation in Germany alone?

The US was on the Gold Standard at the time as were many other Nations, Time stood still for Gold outside of Germany. It went Nowhere. As a matter of Fact, the USD went up just as fast as Gold.

Are We More Like 1932 - or 1923?

High Inflation, probably. Volcker will be brought back into the limelight to soothe the savage inflationary heart. Probably by the end of the year.

Are We More Like 1932 - or 1923?

Risk Aversion Down, Gold down for now. VIX down big time.

USD still too strong to allow inflation. Palladium might approach parity with platinum, $2,500 cars will not use Platinum.

Honeycutt: glad you have an open mind and are not fighting last year's battle. You are absolutely right.

What do you think of Cobalt plays?

Safe Haven Investments: Imminent Danger and Opportunities

I really hate these long streamed articles, but what the hey.

Full Disclosure: Heavy positions in SWC, PAL, OMG and SLV.

"Will continue to buy some select silver shares including SSRI, HL, PAAS, and SIL"

the Article's date is 10/29/2008 ( 6 months ago)

Low Gold Price a Buying Opportunity

Gold staged a last gasp punch to the upside with Bernanke's help.

Now its moving down without anyone's help. The Trend is down. The question becomes how Far down?

Like you I own what I own and will keep it but for now, I'm willing to wait it out.

Of course, if it does manage to get Down to $700, UGL and I will be joined at the hip.

Gold: The Investment Bedrock of Monetary Systems

Too Bad Mad, maybe you And Rolex can get onto the same article and have at each other with Multiple spam posts.

Gold Breaks from Traditional Trading Versus Oil and USD, Looks Strong

Alphabet: So you are saying that Platinum has a chance to go to $5,000 if gold gets to its Inflation adjusted projections of $2,000+.

But I am more curious about "worldwide auto sales".

Where did you get this data?

ETF vs. Mutual Fund: Two Ways to Invest in Gold Miners

A strong USD is not in the best interests of the US Economy.

The International US companies cannot compete with Nations whose companies are not saddled with health liabilities inherent in the salaries of US Company employees. To obviate the differential, the USD Must Drop.

Risk Aversion promoted the USD as a "safe" haven. It isn't but perception and "Reserve" currency status is enough at this point.

If the "house of cards" collapses, I would feel safer with the Central fund of Canada(CEF). While it is primarily a silver play ( 50 to 1 ratio), it is a depository of physical Gold and Silver outside of the US.

I do not trust the US monetary authorities to allow Gold ownership if the USD proceeds down to my ultimate target of 40.

Caveat, the 40 target is 3-5 years into the future, USD is moving UP presently.

ETF vs. Mutual Fund: Two Ways to Invest in Gold Miners

Goldfinger AKA Geithner gave us a preview of what will happen in the future if he is approved.

Gold went up but little else changed.

The next time around when he IS the Sec. of the Treasury, it will be far, far worse.

The next time, expect the USD to tank, the Stock Market to out do the 1987 crash and Gold to really skyrocket.

I would not advise holding physical Gold in the USA as it will probably be illegal to own it privately. Whether it gets down to the Jewelry and Coin level is moot.

Geithner's idiocy can be applied across the entire currency spectrum. China is front and center now, a political toy. But what happens if the USD cannot compete against the Euro in the future?