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filipo

filipo
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  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    investor,
    "I know a lot of people don't understand that, because middle east turmoil = high oil, right! ... clearly wrong."

    Not me. I knew from reports that US oil production due to fracking, was about to overclass it all. The US is almost self-sustainable and has already begun exporting.
    That tells it all.
    The middle east crap can't change that !
    But without the middle east crap prices would be still lower. I heard analysts predict a $65/barrel in June.

    And you know what ? The next OPEC move will be to cut production.
    Sep 16 01:04 AM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    investor,
    "For every geo-political event that caused gold to go up, there have been others that caused it to go down."

    Exactly, that's why the gold price went up and down, so there's a lot of correlation.
    Please note that over a longer time lapse the price has been going up. In Roosevelt's time gold was at $24/oz, in case you forgot.
    Sep 16 12:59 AM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    I know Coins, it's a huge social problem and I have no immediate solution to it.
    And since it's a social problem and not an economic one, I see no reason why Janet Yellen bases her economic policy on it.
    And yet, she does, while she'd better just ignore it. A lot of things the Fed touches are turning out bad.
    Sep 16 12:51 AM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    Voot,
    sigh,
    not everything, Voot, not everything, just the facts and mostly the true facts are written in small articles.
    Did you know f.i. that Ireland pays back his debt ?
    Did you know f.i. that S&P had upgraded Greek economic outlook ?
    Did you know f.i. that the latest polls have given the "no" a majority in the Scottish referendum ?
    Did you know f.i. that Ecuador has sold 15 tonnes of its gold reserves ?

    I suppose not, cause you not only don't read anything, but you don't accept that other people read either.
    You're the worst kind.
    In my village they call these people the town idiots.
    Sep 16 12:47 AM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    charles,
    Of course there is no sure correlation if you manipulate the gold price.

    There has been a time when the US owned 20,000 tonnes, my own country Belgium had over 1,000 tonnes.
    You sure know how much is officially left of that, don't you.

    This might help you:

    http://bit.ly/1nZ7eya

    And the best still has to come:

    http://bloom.bg/1nZ2OqX

    What has disappeared from the reserves has been sold and used to manipulate the gold price and now, with virtually none left, they do it by manipulating Comex.
    Haven't you seen the number of short contracts lately ?
    http://bit.ly/1m9Wi51

    Ergo the arguments you use are false. Your 1 month vacation didn't do your mind much good.
    Sep 16 12:18 AM | 1 Like Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    Coins,
    "And the condescension of the PM haters is insidious IMHO. Avi doesn't seem to be either."

    Come on, give me a break.
    You should re-read his articles: either you don't understand English or you're immune to sarcasm.

    "In fact, I can picture them waiving the silver flag of freedom from roof-tops all across the world."
    "And, yes, the old reasons are dusted off, repackaged in new frilly wrapping, and put forth before investors as if some epiphany has struck the investing world and gold must be accumulated at this very moment."
    "If you listen closely, you can hear the whispers amongst the gold bulls. If you listen even more closely, you may even make out the fears of those that believe world events will cause gold to rally"
    "However, I am not sure gold has read those articles."

    If ever there was a gold basher become flesh, his name must be Avi Gilburt.
    Sep 16 12:09 AM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    investor,
    What comment ?
    Sep 15 11:55 PM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    fish,
    Suppose there is this powerful, magical force that works in waves (Kondratiev already acknowledged that) and I agree there is ample evidence for it.
    BUT, there is equally evidence of people, not wanting to be subject to this force who deliberately go against that tide and manipulate markets.
    You see, manipulation goes straight against these tides.
    Avi goes straight against them and in fact helps the manipulators.
    You yourself acknowledges there are over 100% Comex paper gold shorting contracts versus the physical market and you clearly found that rather annoying to say the least.
    Lots of these paper contracts come from people speculating on a downturn of the gold price, advocated by Avi among others, in fact a self sustaining prophecy.
    How on earth can you then endorse what Avi preaches when you yourself seem to be anti-scam. I remind you what you wrote:

    "The COMEX is a scam, this is why you are seeing the same business model open up in asia. Remember GoodFellas? The Bamboo Lounge? They'd use credit to buy booze then sell it at half price, when ghe credit ran out they torched the place. Remember the banks make money selling contracts on gold that doesnt exist. The physical gold market is tiny, they need something much much bigger to make money, there you go reason #2 for 100:1 leverage, that means 100x more commissions, each rolled over every month, not stored in bullion in a safe somewhere where is is out of the game and not traded. This is why so littLe gold is ever delivered. Also, they change the contract rules very often to manipulate how many contracts are delivered or rolled over because they don't have but a tiny bit on physical gold available. The future of the COMEX, either default or cash settlement."

    This is something what goes beyond me: you like what you dislike.
    Sep 15 11:54 PM | Likes Like |Link to Comment
  • GLD - The Bottom Is Here [View article]
    js,
    http://bloom.bg/1nZ2OqX
    Sep 15 11:42 PM | Likes Like |Link to Comment
  • GLD: Key Week Coming Up [View article]
    Because they exist.
    Some may be more influential than others.
    Sep 15 10:32 PM | Likes Like |Link to Comment
  • Asian gold demand slumped in Q2 [View news story]
    basker,
    "I'm not sure i see why this is taken as a negative for gold."

    Neither do I, but that doesn't matter when there is over 100% Comex paper gold short contracts versus physical trade going on.
    It's a scam and people who want us to keep us from buying the physical publish whatever they like to discourage us.
    Lately there was this long Reuters article explaining how a young Indian boy had decided to invest his savings into farmland instead of in gold. Although the story might have been true, it doesn't tell anything about the + 1bn other Indians who do invest in gold.
    Sep 15 10:23 PM | Likes Like |Link to Comment
  • Asian gold demand slumped in Q2 [View news story]
    wm,
    Indeed..
    Sep 15 10:15 PM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    Kansas,
    "only to notice that the interesting physical is no longer available."

    What exactly do you mean by "no longer available" ?
    You mean shops don't sell any gold anymore ?
    That can't be, so what's the problem ?
    Sep 15 03:34 PM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    fish,
    Well, if not un-American, let's say you're the most honest, well-adjusted fish on this ark.
    Some of your remarks remind me of late Pete Seeger and you know he was loved by many, but hated by others.

    "By those squiggly lines having predictive power proves the manipulation."
    Did Avi ever say so with so many words or is this your own interpretation ?
    Sep 15 03:25 PM | 1 Like Like |Link to Comment
  • Asian gold demand slumped in Q2 [View news story]
    wm,
    http://bit.ly/1oQOVer
    Sep 15 03:01 PM | Likes Like |Link to Comment
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