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WMARKW

WMARKW
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  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    The price of gold is an illusion to the extent it is driven by paper trading in the gold futures market. That market does not reflect the actual physical market, except in small measure....to the extent that miners can forward sell. Thus, in reality, I believe the price of gold can - as measured by COMEX for example, can be anything at anytime, regardless of mining cost. In economic downdraft, as in last financial crisis, a rush to liquidity will be reflected in paper market first, and price could fall dramatically. But...I think it soon corrects as physical buying and selling rules the day.
    Apr 18 06:44 PM | 2 Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Interesting on the tapering. The latest report on foreign ownership of US Treasuries shows ZERO increase in last 12 months (overall) but massive increase in "Belgium" figure. Thus....who is financing US deficits?
    Apr 18 06:34 PM | 1 Like Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    JDJ - Yes. But....is this model driven or intuition.
    Apr 18 06:29 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    This is the same old argument like "don't cook stuffing in a turkey in the - dangerous and hazardous to your health". Well I can't say that I ever remember hearing about some dying from food poisoning the day after Thanksgiving. Similarly - show me "of all the kids who go to bed hungry every night" the last time someone died of starvation in the USA. Abject poverty is relative. You can't compare USA to Sudan.
    Apr 18 05:17 PM | Likes Like |Link to Comment
  • What Are The Controlling Arguments For Being Bullish On Gold? [View article]
    Well....thanks for the input. I appreciate it.
    Apr 18 08:01 AM | Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    One additional comment:

    Year to date, gold in Hryvnia (Ukraine's currency) has surged by 69% from 9,992 per ounce to 16,880 per ounce or to put it more correctly. Ukraine’s national currency has collapsed by 69% against gold in less than four months. Is this an un-insurable "black swan" or otherwise.
    Apr 18 03:28 AM | Likes Like |Link to Comment
  • What Are The Controlling Arguments For Being Bullish On Gold? [View article]
    Hmm....so it does provide probability. Funny, I never see any contributors or commenters saying what the probability of a movement is/will be.
    Apr 17 11:51 PM | Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    "Improving economy" is a second derivative notion, implying numbers are growing and the rate is growing too. A constant GDP growth of 2% doesn't sound like an "improving" economy to me. It sounds like a car tooling down the road at 55 mph.
    Apr 17 10:12 PM | 1 Like Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Ummmmm....what do you think the probability of $812 is ? I'd say less than 10%. I don't have any stats to back it up.... but you tell me your probability and either tell me you have no stats, or what your method for probability calculation is. No then tell me your timing WITH your probability. For example.

    - 50% within next 12 months
    - 75% within next 24 months
    - 100% within next 36 months.

    That would help me understand the degree of confidence you have in your comment/thesis. Otherwise, I consider such a "prediction" or "supposition" to be only a comment with a guess. Don't forget, I predict gold will go to $10,000 an ounce. I will never be proven wrong, because I have set no time frame. It could happen next week or next month or next decade or next lifetime.
    Apr 17 10:00 PM | 9 Likes Like |Link to Comment
  • Great Graphic - Case Study: San Jose Hiked Minimum Wage [View article]
    Well you assumption is that it comes from taxpayers....the government has a printing press. PS there is a "takings" law, and there is also a "tax code". They are two different things.
    Apr 17 08:25 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    It appears, all you have to do is enter a comment, and then hit F5. Well, we'll try that again next time and see if it replicates.
    Apr 17 08:23 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Jake, can't wait for all those workers who create the wealth to get the gumption to break away, raise capital and start their own business.
    Apr 17 08:21 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Local credit unions offering 2.2% on 5 year CD's.
    Apr 17 08:16 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Once again.....what does it take to get all comments loaded. This is patently absurd.
    Apr 17 08:14 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Low inflation - Translation - "The world banking system functions with inflation as an underlying principle. Deflation is destructive to financial institutions. It makes all their collateral on any loan less valuable and threatens the ability of any borrower to pay back."
    Apr 17 08:34 AM | 10 Likes Like |Link to Comment
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10,036 Comments
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