somadude

So after watching the COMEX price drop like a stone.. a 1 Oz Maple Leaf will still cost you £516 on CID..

We can all throw together charts and draw lines and suddenyl see clear trends on them - however this does not account in any way for the situation and circumstances that we are in just now

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None of us can possibly make these calls on charts.

Sash I completely agree. I'm baffled by some people who appear to be goldbugs/investors based on their belief in systemic difficulties - and yet continually seem to rely on fib seqs, eliot waves & other curve-fitting rubbish (can you tell I have no time for chartists? ) which are based upon the system they claim to see coming apart at the seams.

This is more targetted at the kitco gold forums crowd, but I occasionally see it here.

If I couldn't read posts like the last one, I'd think I was the only one who thought this way, and would think it must be me going mad.

 

It's nice to know it's not me that's mad

Just watching the mainstream media (web, tv, radio..) and the sheeple.. it just feels like watching bizarro-world..

This thread has been a very interesting read as I have been trying to make up my mind about the canadian trusts (in particular, the energy ones).

Have the 1st 2 months of 2007 changed or cemented anyone's take on them?

Also, I see the last contributor was from the UK and he had 15% of a distribution withheld, but had no further tax to pay due to his use of SIPP. As a resident of Ireland, is it safe to assume that I will be subject to the same 15% withholding, and then my own local rate of income tax (investment would not be via any retirement instrument etc).

Cheers.