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WMARKW

WMARKW
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  • The Gold-To-Silver Ratio And $200 Silver [View article]
    Monkey - agree.

    BTW have you found a site that engages in some of this "ways to prepare" for what might come kind of discussion. I could use some good ideas.
    Dec 30, 2011. 10:41 AM | Likes Like |Link to Comment
  • Gold At $2000: Coming Sooner Than You Think [View article]
    But the question is the term "shares". Central banks, I presume, own physical gold. I don't presume to know whether they own "shares" of stock in GLD or any other representation of gold. What shares are they selling? That is my question.

    The other question is, "Who do Central Banks sell to?" My suspicion, based entirely on my assessment of Central Banks as RICO enterprises, is that they sell to their banking brotherhood brothers, who are the guys who really want to own the "good stuff".

    And before you criticize me for my "conspiracy" theories, please understand that a little more than two years ago, I interviewed for a job with one of the "Eurpoean" banking families. It was actually quite a freightening interview in terms of the way the job fit squarely into the paradigm described in "Confessions of an Economic Hitman". Needless to say, I turned the job offer down.
    Dec 30, 2011. 10:33 AM | 1 Like Like |Link to Comment
  • Gold At $2000: Coming Sooner Than You Think [View article]
    Geezer...."WHO BENEFITS"

    The Central Banking Gansters are the ones who benefit. Their objective is to exchange all the fiat money worthless paper gold dirivatives in the world for the real thing. They will trade anyone any paper asset or use any paper asset to force real assets, especially gold, out of the hands of any owner into their hands. This is the history of their enterprise. It has been so with the banksters of the world for ages, and will continue. Fractional reserve banking and paper representations or the real thing allow them to pursue their objectives.
    Dec 30, 2011. 10:30 AM | 3 Likes Like |Link to Comment
  • The Gold-To-Silver Ratio And $200 Silver [View article]
    Monkey....I totally agree with your ideas on DC. I think it's coming too. And during that DC, weak hands will disgorge their precious metals. Although I don't believe many sovereigns, if any, will do that, unless forced by the Central Banksters to do that. The CB's are the purveryors of debt. They load everyone up and then force the debt laden to dump real assets at which time the banksters take fiat money and buy real assets. IMHO, the banksters will, in the end, wind up with all the Gold, Oil, Water, Land, etc.....because the debt laden will be forced to give it all up to the banksters to cancel out their debts.
    Dec 30, 2011. 09:03 AM | 2 Likes Like |Link to Comment
  • A nice late-year run by stocks combined with the fall in gold prices has allowed the DJIA (with dividends included) to pull ahead of the yellow metal's performance for 2011 - a massive turnaround from late summer, when gold was in the lead by 26%. Goldbugs retain a big advantage over the last decade though, +465% vs. a 54% total return for the Dow.  [View news story]
    Young....and then there's all those great Solyndra green jobs. Wow...sustainable wasn't it. Poof! You are right !!!
    Dec 30, 2011. 08:59 AM | Likes Like |Link to Comment
  • A nice late-year run by stocks combined with the fall in gold prices has allowed the DJIA (with dividends included) to pull ahead of the yellow metal's performance for 2011 - a massive turnaround from late summer, when gold was in the lead by 26%. Goldbugs retain a big advantage over the last decade though, +465% vs. a 54% total return for the Dow.  [View news story]
    Fair.....what's your comment have to do with Gold and the Dow? You think the economy is improving. How's wages growing for the 99%?
    How's that housing bust going? How's foreclosures going lately?
    Think auto's are improving? How's that deficit falling? etc., etc.
    Dec 30, 2011. 08:58 AM | Likes Like |Link to Comment
  • U.S. Treasuries To Be Avoided At All Costs [View article]
    Geeze, sounds like Cuba.
    Dec 29, 2011. 08:19 PM | Likes Like |Link to Comment
  • U.S. Treasuries To Be Avoided At All Costs [View article]
    Sticks and stones......if you have an alternative opinion then feel free to state it. Tell us why you don't think the Fed and CB's all over the world are primarily concerned with the security, safety and profitability of their member banks or banking system.
    Dec 29, 2011. 05:06 PM | Likes Like |Link to Comment
  • Gold At $2000: Coming Sooner Than You Think [View article]
    Tack: First Paragaph = non-meaningful. From my perspective (only one player) I wouldn't touch Dow now as I believe it has no where to go but down.

    Concerning pegged gold price prior to 1935 and 1971. You and I both know what Gresham's law is. To suggest that from any period up to 1971 the "market" price of gold was different than the US peg doesn't hold water. The consequence of such a statement would be that any person in the world would have traded USD paper or any other currency for that matter for US gold at $35 an ounce and then sold it in the open market for market price. The result would have been a run on gold all over the world.

    Once again....I don't hold gold as a safe haven....but as an insurance policy against 2008 type systemic failures, which I do believe will happen at some point. I just can't tell you when. Thus I am a buy and hold guy....not a gold trader.
    Dec 29, 2011. 05:01 PM | 2 Likes Like |Link to Comment
  • Gold At $2000: Coming Sooner Than You Think [View article]
    And don't forget....you may call, but it may not be a correct assertion, someone who owns a 3-5% of personal wealth a gold bug....but as I have stated previously....for me it's an insurance policy.
    Dec 29, 2011. 03:13 PM | 1 Like Like |Link to Comment
  • Gold At $2000: Coming Sooner Than You Think [View article]
    I don't mind the data, I just question the time period. From 1920 to 1934 the price of gold was pegged. From 1935 to 1971 the price of gold was fixed as well. So for 50 years, the price of gold was anchored by edict, while the price of the Dow was not. Do you think that's a fair comparison? I don't?

    Why don't you pick Dow in 1971 and Gold in 1971 and compare for the last 40 years. Tack doesn't like 1971 and says the price of gold was set free in 1971. So pick 1972. If it was set free then it surely would have jumped by tons as soon as it was released from shackles.

    Post the 1972 numbers and let the readers judge which they would have preferred.

    Then ask what would you rather own today? $100k or gold or $100k of DOW. I'll bet the answer wouldn't reflect "indifference" between the two choices.
    Dec 29, 2011. 03:07 PM | 3 Likes Like |Link to Comment
  • A Very Scary Christmas And An Incredibly Frightening New Year [View article]
    Nuts...yes nuts...keep for a long time and a good source or protien. Lead is good too.
    Dec 29, 2011. 01:36 PM | Likes Like |Link to Comment
  • The Gold-To-Silver Ratio And $200 Silver [View article]
    Monkey: "If they knew anything about markets they would have sold as much gold as possible at recent historical highs and tucked the cash away ready to placate their population when it all hits the fan."

    Are you forgetting that most of these countries (ex. EU) can print money at their leisure. They don't need to sell gold for fiat currency. They can print all the fiat they want. Gold is a hard asset. No matter what happens, the rich and powerful in any of these countries (but especially the banksters) will take the gold. They want it. They have always wanted it. To them it is power. The next President, Dictator, Central Banker can change the currency, ruin the currency, etc. But they cannot make the gold disappear. Granted they can make YOU and ME disappear if they want to, but you will never, ever, ever, ever find a dictator who will take the gold and irradiate it to make it useless. Before they do that, they will send a bunch to grandma and to their cousin in the hinterlands somewhere for safe keeping.
    Dec 29, 2011. 01:31 PM | 1 Like Like |Link to Comment
  • A Very Scary Christmas And An Incredibly Frightening New Year [View article]
    buyitcheap.....thanks. I need to do some exploring to find out what some of the alternative are for 401k and IRA. I don't want to mess with physical PM's in IRA, although I know there are some who offer that service. Fortunately, my 401k is only 5-7% of total assets, so not real big issue.
    Dec 29, 2011. 08:59 AM | Likes Like |Link to Comment
  • Gold At $2000: Coming Sooner Than You Think [View article]
    LOL.....but wait a minute.....aren't all charts based on "past performance".
    Dec 28, 2011. 06:51 PM | 3 Likes Like |Link to Comment
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