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Hollywood65

Hollywood65
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  • Fed To Help Gold Soar Off 6-Month Low [View article]
    Greed, Avarice can NEVER be regulated. NEVER! People with these moral deficiencies, will ALWAYS find a way around them!
    Sadly the regulations tend to hurt the average person, and help the rich get richer.[Not all rich? are lacking these qualities, but more and more seem tobe]
    Feb 14, 2013. 10:26 AM | Likes Like |Link to Comment
  • Fed To Help Gold Soar Off 6-Month Low [View article]
    IT IS?? Sadly, I think the America of freedom, and opportunity is past!
    It is now a land of lingering resentment by the have nots towards the have and expectation of largess, from the gubamint, to address their so called grievances.Oddly, I was never without a job, except for a period of 8 weeks in the early sixties[between moves]. Many of the jobs I took were hard, and paid poorly, but I got paid, and managed, as I upgraded my skills, to match what I perceived as coming market demands, over the years, then retired comfortably. Help those who REALLY need help, and let those that will not work, and or upgrade skills, go hungry. Hunger is a very strong motivator, to find some kind of job. Entitlements have ruined the American [and other countries] work ethic, and we are now reaping the consequences. Batten down the hatches, a STORM is fast approaching.
    Feb 14, 2013. 10:21 AM | 1 Like Like |Link to Comment
  • Gold Is A Feather, Not A Rock [View article]
    Kurt ignores a not insignificant point. GOLD[and Silver] HAVE been, and are still ,considered to be of value[ for 5000 years], and have been used as money MANY times, in recent history[since the PRINTING/Digitizing of fiat currencies]. What is it they say about those who ignore history are doomed to repeat it. Did Kurt NOT see the recent devaluation of Argentinian currency? Only FOOLS would think the U.S. currency has any better future, based on QE infinity.
    Feb 14, 2013. 09:51 AM | 3 Likes Like |Link to Comment
  • Busting 3 Myths About Gold (And The Bull Case For It) [View article]
    History has a way of repeating itself because of those who do not LEARN from it. Are you one of those? I fear so.
    Feb 1, 2013. 09:22 AM | Likes Like |Link to Comment
  • Busting 3 Myths About Gold (And The Bull Case For It) [View article]

    Germany is repatriating their bullion from both the U.S and France, They want ALL their bullion from France, and have settled with the Fed Reserve Bank of NY to take partial shipments over 7 years, instead of all at once. This,some[WHO?] fear would destabilize markets,driving Gold price up, depending on who you believe. I personally think the Bank of NY does not have enough to ship it all at once, and I am not alone in this thinking. Even Hugo had to accept partial shipment of Venezuala's Gold from Bank of NY. This is not secret knowledge, but has been known by many fro some time. IF Venezuala could not get all of their Gold, which was substantially less than Germany's, it gives one pause to wonder how they could fufill Germany's demand. Voila' an AGREEMENT for partial with the lame upset the markets excuse.
    Feb 1, 2013. 09:21 AM | 2 Likes Like |Link to Comment
  • Developments In China Explain The End Of Gold's Rise [View article]
    As the PRESENT saying goes: I am looking for the return OF my money, not necessarily a return on it. Gold/Silver for safety, then BET on the stock market, if you have sufficient funds, and nerve. Some are predicting up to a 50% market correction later this year. Maybe right, maybe wrong. I plan for the worst, and hope for the best. I refuse to invest in OPTIMISM, re talking heads on CNBC and elsewhere.
    Jan 30, 2013. 02:00 PM | 4 Likes Like |Link to Comment
  • Developments In China Explain The End Of Gold's Rise [View article]
    NUF' said here. Beautiful. That is the thing about written records. They are hard to delete,or change. If one wants to be a pundit, and maintain credibility, one should admit being wrong, and adjust one's views. Sadly most don't/won't and stubbornly hang on to the same OUTDATED views, for whatever reason.
    Jan 30, 2013. 01:57 PM | Likes Like |Link to Comment
  • Developments In China Explain The End Of Gold's Rise [View article]
    AMEN and AMEN!
    Jan 30, 2013. 01:54 PM | 1 Like Like |Link to Comment
  • Developments In China Explain The End Of Gold's Rise [View article]
    Better and more open?? WHat do you watch?? See what is happening in Iran/Syria/Mali ? See what the Chinese, India, Iran,Japan,other S.E Asian nations are doing to bypass the mighty U.S.$ as the Reserve Currency? Growth in Europe Stagnant?
    Please let me know what you watch/read that give you these indications. Yikes!
    Jan 30, 2013. 01:53 PM | 3 Likes Like |Link to Comment
  • Developments In China Explain The End Of Gold's Rise [View article]
    I don't think he is WISHING for this Scenario. Just like most of us, we hope we are wrong and his scenario does NOT happen. That doesn't mean we should bet on a rosy,growing economy/future. I am not prepared to bet my life, or those of family members on what most of us see as a VERY uncertain future. Being prepared is the intelligent thing to do. Sadly, more do know, and are so far in debt, or without resources, they CANNOT. For them I pray.
    Jan 30, 2013. 01:49 PM | 6 Likes Like |Link to Comment
  • Developments In China Explain The End Of Gold's Rise [View article]
    Neither do they tell us how much Chinese Gold Production is yearly. Ever wonder why?
    Jan 30, 2013. 01:45 PM | 4 Likes Like |Link to Comment
  • Developments In China Explain The End Of Gold's Rise [View article]
    They bought NEXEN Canada for 14 billion, and another energy company Superior for a few billion. Seems to me they are dumping U.S.$ ,worldwide, as fast as they can, by buying assets. They are no longer buying many[any?] U.S. T Bills. Anyone else think the future of the American $ looks bad & also T Bills? Hold Gold/Silver or $, and U.S. stocks. HMMM
    Jan 30, 2013. 01:43 PM | 8 Likes Like |Link to Comment
  • German Gold Repatriation Will Bring Back Volatility [View article]
    Glad to hear U were born again! The reason the Sandwhich is now 11" in some market areas is due to Climate change, in case U didn't know. How?? Global warming causes evaporation of water in the bread, thereby shrinking it. Al Gore said so![I think}
    Jan 18, 2013. 02:26 PM | 3 Likes Like |Link to Comment
  • 6 Scary Charts On The Hyperinflationary Cliff [View article]
    I have both Sprott Gold and Silver funds, but off the TSX. They actually do not hypothecate their gold/silver, and actually have it held at the Canadian Mint, fully segregated, and allocated. How NOVEL.!! Someone selling something they actually HAVE.!!
    Dec 16, 2012. 10:35 AM | 3 Likes Like |Link to Comment
  • Is OPEC Doomed? [View article]
    I was involved in the Ghawar Secondary Recovery project, with a Cdn consulting firm. It entailed buidling a 60" diameter Sea Water Pipeline, with sea water clean up facilities. This pipeline was from the Kingdom sea coast to the Ghawar field. This water is then injected into the field to buildup formation pressure, to recover more oil from older fields losing formation pressure. This is called Waterflooding, and this recovery technique has been around since the early 60's. Initially the production rates go up for the Oil, mixed with water and gas. After a few years, depending on well formation, the production rates then drop as the water coming up increases in %, until eventually it become uneconomic to recover due to topside two/three phase separators,cost/mainte... I believe this project was to go into full implementation by 2008. I suspect therefore, that production rates maintained the Saudi production numbers they have been projecting for years. I would think, given the volume and velocity of the water being injected in this field, would, by now, be starting to produce higher water to oil ratios. I think the Saudis are giving out false info re their continuing capacity due to political/OPEC price control. They will certainly, at some point soon, if not at present, be able to maintain, never mind increase production to meet any Euro/Asian demand increase. Then the game will be up for OPEC.
    Of course political considerations in the U.S.A. re fossil fuel dislike, by the present admin. could keep prices up, and maintain OPEC price controls, for some time. We shall see.
    Dec 15, 2012. 09:25 AM | 1 Like Like |Link to Comment
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