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  • Consider Buying This Stock Before The Gold Rush  [View article]
    I have both miners and metal exposure - I'm interested to hear your rationale for saying the miners will go down over the next year?
    Nov 13, 2012. 08:27 AM | 1 Like Like |Link to Comment
  • Socialism And Debasement Of Currency  [View article]
    Charles that post seems a little out of place in this thread. The founding fathers and your masonic version of history was already discussed and roundly refuted here:
    Nov 13, 2012. 08:06 AM | Likes Like |Link to Comment
  • Gold Is Not An 'Investment'  [View article]
    "Let's compare Apple and Gold in the last few years and Gold has a history of going down fast."

    AAPL can go down pretty fast too - in the last two months it dropped from $702 to $540. This shows that even the most fashionable stocks are still a risk. Gold is in a bull run for the last decade.

    Does your friend know how you refer to him?
    Nov 13, 2012. 07:37 AM | 1 Like Like |Link to Comment
  • The Case Against The Case Against Gold  [View article]
    "Please explain to me how you are using it.
    Are you making jewelry and selling it?"

    Galt- not using it for making jewelry, no. I'm using it as a way to store value. Cash and banks are no good for that in the current climate, gold is much better.
    Nov 13, 2012. 12:28 AM | Likes Like |Link to Comment
  • Socialism And Debasement Of Currency  [View article]
    eabyrd is spot on IMO - the military is the one thing the government is supposed to provide to protect the citizens who pay for it, and yet it is the one thing which is always cut or criticised when defecits from other wasteful spending start to become unmanagable.
    Nov 12, 2012. 03:11 PM | 1 Like Like |Link to Comment
  • Socialism And Debasement Of Currency  [View article]
    Fair enough, you're right - it's a question of priorities and policy trade offs. Your personal gain is most important to you, even if it is at other people's expense. It's your vote and your choice. You believed (wrongly in the longer run IMO) that this priority is maximised for you under #2. Now you and the rest of the country will have to live with that choice.

    The problem for #2 voters is, if all of you are going to get the money which will be robbed from the other guy - who are all these other guys and what happens when it turns out that not enough of them have enough money to give to all the #2 voters? More borrowing, more devaluation, more disincentive to work, earn, or invest, and more US decline.
    Nov 12, 2012. 02:08 PM | 6 Likes Like |Link to Comment
  • 5 Resource Companies With Insider Buying During October 2012  [View article]
    sorry, you've completely lost me (as you do with half of your posts).
    Nov 12, 2012. 11:39 AM | 1 Like Like |Link to Comment
  • Socialism And Debasement Of Currency  [View article]
    "I do not want FREE CAKE and my vote for the President was NOT an okay stamp to continue tax and spending"

    The politest thing I can say to you is that you definitely voted for the wrong person.
    Nov 12, 2012. 11:28 AM | 8 Likes Like |Link to Comment
  • 5 Resource Companies With Insider Buying During October 2012  [View article]
    Paramount has just struck a deal with Valor Gold:
    Nov 12, 2012. 09:15 AM | 1 Like Like |Link to Comment
  • Paramount Gold & Silver Corporation - The Ultimate Miner's Bliss:  [View article]
    Paramount does a deal with Valor gold:
    Nov 12, 2012. 09:14 AM | 1 Like Like |Link to Comment
  • Socialism And Debasement Of Currency  [View article]
    From reading your comment, one could easily conclude that you don't understand the implications of currency debasement and inflation.

    The nominal price of real things (including, or perhaps especially, gold) goes up in relation to a falling currency. That means it is better to buy those things today while their nominal price is lower than it will be tomorrow.

    Whatever other arguments or academic side issues are brought to bear, it is hard to escape that as a fact of both history, and economics, given the prevailing environment and policies.
    Nov 12, 2012. 07:39 AM | 7 Likes Like |Link to Comment
  • Beat The Gold Market With Goldcorp  [View article]
    I'm sure you are familiar with the difference in business models between royalty companies and the mining companies who dig up metal and give it to them.

    IMO the question of whether cost inflation will be passed on to the royalty companies depends on:
    1. how good they are at negotiating contracts
    2. how desperate the miner is to access funding at the time of the negotiation

    The jury is still out for me, but so far the evidence tends to suggest the royalty companies will do well.
    Nov 12, 2012. 07:05 AM | Likes Like |Link to Comment
  • After Obama Re-Election: Gold And Silver ETFs Soar  [View article]
    IMO capt, your best post of those I have read. Especially the 4th para. in which you expose the real problem America (along with most other democracies) has.

    As Churchill says, democracies are the worst form of govt except all the other forms which have been tried before.

    He also said that the best argument against democracy is a 5 min conversation with the average voter. This has been amply demonstrated to me recently when seeing some US voters being interviewed by news channels, as they celebrate their 'victory'.
    Nov 12, 2012. 06:37 AM | Likes Like |Link to Comment
  • Gold Is Not An 'Investment'  [View article]
    On the subject of liberals, this video is a must see for all who are concerned about where their country is going, and how it is being taken there...
    Nov 11, 2012. 06:28 PM | Likes Like |Link to Comment
  • Gold Is Not An 'Investment'  [View article]
    "So their value depends on others desiring to own commodities as a hedge against the declining value of our currency. That requires a lot of 'faith'."

    minor, I must have misunderstood you. You seem to be saying it takes faith to believe that the value of currency will decline? I don't understand. Do you know Obama was just been re-elected? Check out developed world deficits and debt levels. Inflation is the only way todays socialist governments can keep spending.
    Nov 10, 2012. 04:19 PM | 2 Likes Like |Link to Comment