goldrealmny

Gold to $980 or Bust?

Forget owning fractional shares of paper ownership of bullion. BE YOUR OWN CENTRAL BANK and buy silver and gold bullion yourself. Such as apmex.com It should be apparent that cash is a depreciating asset - Fed Notes have lost 97% (and counting) of its purchasing power since 1913 (thanks to removing gold and silver from the money supply!!)

Everyone should hold some cash as a % of their portfolio and gold and silver bullion are the only types of "cash equivalent" WORTHY of a discerning investor. IMO, it is prudent to have more than what "conventional wisdom" suggest to hold in precious metal at this point in time.

It will be better to be 2 years too early than 20 minutes too late when TSHTF. The Fed will (and IS) devaluing the dollar to deal with this debt deflation. Just like FDR did in 1930s when he devalued dollars by 70% vs gold. If you own paper gold - THE GUBMINT WILL CONFISCATE IT. But if you own your own.......

Invest in Gold to Hedge Against Hyperinflation

Continually amazed at the number of retards who are in denial of this fact: fiat paper money is a scam. US dollars have no real value. They are merely a unbacked piece of paper that represents about $100 trillion in FUTURE debts. Just because the world was fine and accounts swelled in the 1980s and 90s does not mean it will always be this way.

I will be the first to admit gold was a lousy investment for 20 years. I will also like to point out that the 79-80 spike from $300-850 only lasted a few months (message: everyone who bought from for the decade before that was NOT underwater for 20 years.)

Everything has changed. Things will NOT go back to the way things were for the forseeable future. The FACT is that there are over 100 times more paper claims on gold and silver than there is actual physical supply. As investors scurry to secure REAL metal, look for the price to go stratospheric in coming years.

Everyone who purchased gold and silver at prices below $1000 and $20 will look like geniuses in the future. The fact that there are so many people completely ignorant of Austrian economics and history is bullish rocketfuel. All of the wanna-be "gold-contrarians" will look like the utter fools they are.

The precious metal ETFs are bankster designed conduits funneling would be precious metal buying power into more paper derivative claims. When the game of musical chair stops, use your imagination as to what will happen. The fact that people still trusts the charlatans and fraudsters who operate Wall St speaks volumes about the gullibility and stupidity of the average person.

David Einhorn, the legendary manager has just switched all his gold from ETF into physical. He was the largest holder of GLD. Hmmmm.

Sliver: Flip Side of the Gold Coin

Maxi Pad, I have been a RAVING LUNATIC ABOUT GOLD AND SILVER FOR 5 YEARS PAL! I knew NOTHING about gold and silver before then. I was a "regular" investor. I've had some great plays - bought Apple before it became a 50 bagger. I bought ISRG for $7 before it went to $350. I am ALWAYS early to the next big thing. Face it Maxi, there are MILLIONS of people who are DISGUSTED at the bankster/fraudsters. We are SICK of our inept/corrupt govt and their true owners. There will be millions of people yet who will buy large amounts of silver and gold. The aboveground supplies are very very tight. This bull market will last several more years. There is NOTHING that can stop it. The dollar has lots of room to be depreciated. Inflation is not yet in stride. Tax revenues are falling off a cliff, and govt deficts going parabolic. Every level of govt will require massive money printing, not to mention our illegal wars for the fascist globalist NWO scum. The only thing that stopped the last gold bull market was 20% interest rates. Hahaha! What rate can you get holding trash, err cash?!?!?! LMFAO

The beginning phase, the "stealth" phase is over ($250-1000). We are know in the institutional phase, where big players are getting involved, popularity is rising, and everyone is taking notice. This stage lasts a long time. The mania phase will begin after a heavy correction that ends Phase 2. This will likely be a 4 digit pullback in the price of gold before it goes to a number that will make some people wet their pants.

On Jul 18 09:05 AM Maxe Paul wrote:

> You can tell we are close to a top now with the "raving lunatics"
> index rising again to near record levels!

Alexco Resource: A Cheap, Unlevered and Near Term Silver Producer

I don't have a problem with this company, it looks long term attractive even at today's price. But what about a company like First Majestic Silver which has three mines and a 4th coming and 5-6 million ozs *current* silver production capable of growing to 8 mil organically. This company has a market cap a bit over twice Alexcos market cap and this company has CURRENT CASH AND CASH FLOW and no debt. Their CEO Keith Neumayer grew First Quantum Copper into a multibillion dollar company and he left because he believed in silver's awesome long term fundamentals. Silver will be rerated a quantum leap upward in the coming years pun intended.

Or how about Great Panther? They have a market cap about the same as Alexco, no debt and about 2 million ozs current silver equivalent production. Shouldn't a company already up and running trade at a premium to a non-producer? I think so.

In Defense of GLD

Am I supposed to take someone named "Kid Dynamite" seriously? Nice avatar - NOT. I imagine someone in their 20s who grew up thinking stock markets gained 10-20% every single year thanks to Alan Greenspan constantly printing money and lowering interest rates... I suspect you were pooping in diapers while people with REAL WISDOM and LIFE EXPERIENCE where learning how our monetary and political systems operated.

Anyone who doesn't have the intelligence to consider that REGARDLESS of what the prospectus says it is VERY POSSIBLE - even LIKELY - that the banksters who run these ETFs are LYING and engaged in FRAUD. Aren't these the same people who DESTROYED the economy and capital markets in the last few years?!?! Aren't these the people who as a matter of public record have engaged in massive manipulation and fraud - with lapdog (no COMPLICIT) govt regulators looking the other way?

For the love of all that is holy and good, I cannot understand why there is SO MUCH STUPIDITY AND GULLIBILITY in an arena supposedly populated by "professionals"!!! Or maybe these people are just PAID LIARS. That makes more sense to me.

Sliver: Flip Side of the Gold Coin

Yellowhoard, I am going to outperform you massively, I am long gold and super duper long silver. Hows that for a pair trade? Haha. Evil B, yes the G:S ratio is topped out and set to move to 50s soon. And then MUCH lower even. The natural geologic ratio is 17:1 and the historical monetary ratio that held for thousands of years is under 20:1 as well.

The days of US fascist govt bankers controlling price are soon to be OVER.

People are SO IGNORANT about silver!!! 99% of people are unaware that there is more aboveground gold bullion in the world than silver! Almost all the gold ever mined still exists. Almost all the silver ever mined is gone or in small minute unrecoverable amounts! Silver demand chews up several hundred million ozs more than mine supply. AND HAS FOR DECADES! That's why all the once massive mutilbillion oz silver stockpiles are VAPORIZED and getting SMALLER! Investors with any sense are stockpiling the remaining silver bullion and will not release it into the market until much higher prices (triple digits).

An *entire years global mine supply* (around 650mil ozs) can be purchased for about $10 billion Federal Reserve Monopoly Notes. That's CHUMP CHANGE even in a deflationary environment! The fact that only a few % of the world's investors are buying hands over fist is proof positive how INCREDIBLY STUPID humanity can be at times! The fact that most investors are foolishly handing banksters their hard earned "money" to buy ETFs (Electronic Thievery Franchises) is more solid evidence of the stupidity of homo sapiens! These morons actually think they own gold and silver bullion! The banksters take their paper money and hand them a paper derivative! Hahahaha!

Like most times, people eventually wise up, but for most I suspect it will be too late to help! David Einhorn switched his massive GLD position in to bullion I am told. No wonder gold would not go below $900 - there was actually a large buyer of physical while the COMEX bankster fraudsters were busy selling short silver and gold they don't have and COULD NEVER AQUIRE at these prices!

Good luck all - just remember that ALL MEDIA and ALL GOVT are lying wh*res who cheat you and spew propaganda for the BANKSTER MASTERS then you have a chance to do well!

The World's Top 10 Gold Miners by Value

Maxi Pad err Max Paul: notice he used the word BULLION. Obviously since you don't even understand basic terminology you have no business commenting on the precious metal boards. As for gold stocks being down 90%.... Where are they now? They have all tripled off the bottoms and still undervalued and well below 07 and 08 peaks, even with the gold price higher and set to penetrate $1000. Gold will penetrate $1000 like a horny schoolboy on prom night. Watch and learn gold basher.


On Jul 17 01:53 PM Maxe Paul wrote:

> Many gold stocks have dropped up to 90% and some have gained up to
> 300%, in a year.........If that's not volatile id like to know what
> you think volatile is?

Should I Invest 10% of My Portfolio in Gold?

25-35% bullion (more silver than gold at these prices)
25-35% precious metal resource stocks (stick to producers - big majors (NEM GG GFI KGC, emerging majors AUY AEM IAG PAAS, juniors with great balance sheets/fully funded, low debt/cashed up, superior undervalued assets, competent mgmt, reasonable share count, again don't forget silver exposure
Maybe 20% trash cash preferable in a better currency than the US dollar (Candol, Swissie?)
I don't think all stocks should be avoided - quality consumer staples, agriculture, energy, maybe a smidge of emerging alt energy like solar, cigarette companies or blue chip solid div payers, etc.

Just get long and stay long with conviction - if you keep a decent amount of trash cash you will be able to deploy on any market crashes and buy hand over fist. That's my strategy. We all know gold will be worth far more than $1000 US Federal Reserve Bankruptcy Notes in the future, I could care less if it doesn't happen tomorrow, next month or next year.

Are GLD and SLV Legitimate Investment Vehicles?

BULLION BULLION BULLION!!! Lots of providers on the internet that ship fast such as apmex or tulving
Jason Hommel ships the same day he gets your bank wire

ETFs = Electronic Thievery Franchises
The banksters developed the Precious Metal ETFs for ONE REASON and ONE REASON ONLY -----> so your money doesn't buy actual real precious metals and you don't take delivery of YOUR money!

Anyone who honestly believes these scammers actually purchase an oz of bullion to physically back every share then email me I have some prime real estate to sell you in the Middle East, prices are cheap and don't worry about the depleted uranium contamination...

Anyone with a lick of sense should know the banksters want to own all the gold and they don't want you to own ANY!!!

ETF Securities Amends U.S. Filing for Gold ETF

Yet another way for the banksters to trick people into giving them paper money in exchange for a piece of paper. Screw them.

Bullion Trickles Out of Gold ETF

Little gullible pinheads (or complicit shills) who actually believe the corrupt treacherous scumbag leeches that run our banks buy and store physical gold and silver for their Fool's Gold ETFs greatly amuse me.

Banksters HATE precious metals. They DON'T want the people to physically own it. THEY want it all for themselves. The idea that banksters would conceive of a way to share this wealth with the people they rob with inflation and crappy irredeemable fiat paper is PREPOSTEROUS. The idea is a KNEE SLAPPER!

Banksters tricked many billions of dollars worth of money into buying worthless pieces of paper which otherwise would have bought PHYSICAL METAL and squeezed this already thin market.

Banksters exist for one reason only: create worthless pieces of paper out of thin air and then loan it to govts, corporations, and individuals who pay interest for the priviledge of having worthless pieces of paper created out of thin air.

Then the govt taxes you for that priviledge. Its a racket that makes Madoff look like a car thief.

Damage Done to Gold

"Damage done to gold" LMFAO!!! You mean like the damage done to equity investors in the last year, who are down 50-100% across the board.

Make me laugh. I am buying gold and silver and ACCUMULATING. The Federal Reserve has a perfect track record of destroying purchasing power of theiir stupid little pieces of paper. A century's worth of theft and corruption has silently transfered all of America's once great wealth abroad. All of America's gold and silver are GONE. I bet Fort Knox has lead bars with gold paint lol! The NWO globalist scum sold all the govt gold worldwide and they put it in their pocket!

Never forget this: the banksters and the govts they own and control are the root of all evil and the cause of all our problems. Plain and simple.

Fool's Gold (Part 2)

This author is a complete NUMBSKULL.

Who is going to listen to this d-bag tell them that GOLD, the most fantastic investment from 1970-1980 and the most fantastic asset from 2000-? is not good.

Let me ask you this hypothetical question: Would you rather have owned equities and be down roughly 50% from 2000 or owned gold which has tripled to quadrupled?

With the outlook for the economy and the US dollar bleak (err, make that PATHETIC) do you think gold will start underperforming?

Since stocks are indeed MORE RISKY today than gold, is it feasible to hold Federal Reserve Notes at pathetic interest rates? Especially considering that the Federal Reserve has a PERFECT TRACK RECORD of destroying the purchasing power of Fed Reserve Notes over the last century?!?!

GOLD AND SILVER BULLION IS THE ONLY REAL MONEY - PERIOD.

We should all rise up against our corrupt paper masters who swindle our wealth and tax us into oblivion and CHOOSE GOLD AND SILVER BULLION TO PROTECT OUR WEALTH. PERIOD.

The banksters and the govt are the root of all evil. They are the cause of all our problems. They all need to choke on a big D and die!

China At G8: Five Ways to Play Gold

This guy is just another shill for the financial companies. Absolutely DO NOT use ETFs and other paper derivatve products imo. They are subject to potential DEFAULT. Just buy physical bullion only. Its the ultimate insurance and wealth protection. For leverage, buy the gold miners. Stick with good balance sheets, good mgmt, cash flow, and production growth in the pipeline. The seniors are good, but more value and upside in the mid tier/"small seniors" as they can GROW without acquisitions. The juniors have the most long term upside, but also very volatile. Be prepared to be right and sit tight on core positions and average down into them.

Precious metals are the only sure thing in the medium to longer term imo. (that and inflation/US dollar losing purchasing power!)

There is no need to worry about "storing" gold. You can fit a million dollars into a small shoebox. That can easily be HIDDEN. Use your imagination and maybe some carpentry skills. I also am a proponent of buying lots of silver bullion as the ratio of gold to silver is far too cheap for silver, especially knowing where gold is going in the coming years.

What Really Backs the U.S. Dollar?

What really backs the dollar? Short answer: NOTHING. Long answer: the money printing scoundrels at the Federal Reserve, the idiotic wealth-destroying Congress, the insolvent US Treasury, and the conglomeration of broke businesses and insolvent sheeple, welfare recipients, unemployed, and other assorted deadbeat sheeple.

So what do you do? Simple. Buy PHYSICAL gold and silver BULLION (not the worthless paper promises - FOOL'S GOLD ETFs - that will DEFAULT eventually as many prominent gold pundits have pointed out for many reasons). Holding bullion is THE BEST WAY to hold "cash." Just sit back and wait and have a long time frame. How much will a hamburger or gallon of gas cost in 10-20 years. How much do you think gold will be worth. I bet more than $1000!!!! Gold works for inflationary AND deflationary extreme situations. Deflation by definition makes "money" more valuable and gold is the BEST form of "money." Homestake Mining was the BEST performing stock in the 1930s by a MILE. It paid MASSIVE dividends. They were "minting money" lol! I don't think I need to explain why gold works for inflationary outcomes. Just look at the 1970s and this current decade.