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Steve Netwriter

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  1. Steve Netwriter

    GOLD

    Hi All I thought I'd pop in and see if everyone was jumping off tall buildings lol A bit disapponted by the lack of suicidal tendancies lol Maybe not a very representative group here, too intelligent and knowledgeable. Funnily enough I've not been watching the price of fiat currencies much recently. I guess this is a temporary spike before a massive drop
  2. FAVORITES: Collection of Notable Threads To avoid having too many pinned topics: If you can't find it in this thread, then try this: Full search page: http://www.greenenergyinvestors.com/index....ode=adv&f=0 Often Used Threads General News http://www.greenenergyinvestors.com/index.php?showtopic=4727 The full set of monthly gold threads Gold Trading and Investment, #12: Feb. 2009, Rock, Paper, Scissors - Gold Always Wins http://www.greenenergyinvestors.com/index.php?showtopic=5825 Gold Trading and Investment, #11: Jan. 2009, Gold- "You can't print it- & it is no one's liability. http://www.greenenergyinvestors.com/index.php?showtopic=5471 Gold Investment & Trading - #10 : Dec. 2008, Gold - You can't print it http://www.greenenergyinvestors.com/index.php?showtopic=5226 Gold Investment & Trading - #9 : Nov. 2008, Gold down, but the shelves are empty http://www.greenenergyinvestors.com/index.php?showtopic=4864 Gold Investment & Trading - #8 : Oct. 2008, Panic buying, volatility, and market turmoil http://www.greenenergyinvestors.com/index.php?showtopic=4442 Gold Investment & Trading - #7 : Sep. 2008, Paper sell off or seasonal rise ? http://www.greenenergyinvestors.com/index.php?showtopic=4139 Gold Investment & Trading - #6 : Aug. 2008, Is the summer selloff in CDNX ending? http://www.greenenergyinvestors.com/index.php?showtopic=3910 Gold Investment & Trading - #5 : July 2008, Are Juniors (CDNX) ready to soar with Gold? http://www.greenenergyinvestors.com/index.php?showtopic=3507 Gold Investment & Trading - #4 : June 2008, Will Gold find another bottom at $850 per ounce? http://www.greenenergyinvestors.com/index.php?showtopic=3246 Gold Investment & Trading - #3 : May 2008, Has Gold found a bottom at $850 per ounce? http://www.greenenergyinvestors.com/index.php?showtopic=3142 GOLD Investment, & trading / April 2008 : #2 http://www.greenenergyinvestors.com/index.php?showtopic=2979 GOLD investment discussion / March 2008 Kick-off, Gold, Silver, Property:Gold, Dow:Gold, Gold:Silver, and more http://www.greenenergyinvestors.com/index.php?showtopic=2874 The full set of monthly silver threads Watch Silver - #2: Dec. 2008 http://www.greenenergyinvestors.com/index.php?showtopic=5227 Watch Silver - #1: Nov. 2008 http://www.greenenergyinvestors.com/index.php?showtopic=3520 Can you get physical Gold & Silver ? Your experiences please http://www.greenenergyinvestors.com/index.php?showtopic=3970 Gold & Silver The Beginners Guide to Gold/Silver http://www.greenenergyinvestors.com/index.php?showtopic=3757 The Case For Silver. Lots for you to read http://www.greenenergyinvestors.com/index.php?showtopic=2887 A Short Guide To Buying Coins http://www.greenenergyinvestors.com/index.php?showtopic=3782 CERTIFYING a Document, For a GoldMoney account for example http://www.greenenergyinvestors.com/index.php?showtopic=5802 Gold/Silver Dealers, Please post any you know not listed http://www.greenenergyinvestors.com/index.php?showtopic=5193 Superb new tool to monitor EBAY Gold/Silver prices... Buy/Sell prices by country and region... http://www.greenenergyinvestors.com/index.php?showtopic=5106 Price of Gold Coins against Bars, Am I getting something wrong? http://www.greenenergyinvestors.com/index.php?showtopic=5151 Manipulation in the Gold/Silver, Forex & Other Markets http://www.greenenergyinvestors.com/index.php?showtopic=3214 Tracking the Amount of Gold/Silver Stored, From GM, BV, ETFs http://www.greenenergyinvestors.com/index.php?showtopic=3855 Libor - a key bellwether for the Crisis, Biggest jump in 7 years !!! http://www.greenenergyinvestors.com/index.php?showtopic=4251 Gold Lease Rate 101 http://www.greenenergyinvestors.com/index.php?showtopic=4481 The JIM SINCLAIR thread, Posts and discussions related to JSMineset http://www.greenenergyinvestors.com/index.php?showtopic=4550 Sinclair's Revitalized and Modernized Federal Reserve Gold Certificate Ratio I just don't really buy into it http://www.greenenergyinvestors.com/index.php?showtopic=4022 GOLD BACKWARDATION AND PRICE EXPLOSION IMMINENT, Monster physical short squeeze dead ahead http://www.greenenergyinvestors.com/index.php?showtopic=4530 A little project for all the goldbugs - I would like to work out how gold is NOT a good idea! http://www.greenenergyinvestors.com/index.php?showtopic=7582 Planning for your future What would you suggest? or What would you do? - What CGNAO suggests you do to protect yourselves http://www.greenenergyinvestors.com/index.php?showtopic=3813 Planning for the future, What can you do now in preparation ? http://www.greenenergyinvestors.com/index.php?showtopic=4064 Books about planning for the future, Further education about the potential challenges ahead of us http://www.greenenergyinvestors.com/index.php?showtopic=4080 Survival Kit - For Earthquakes or........ http://www.greenenergyinvestors.com/index.php?showtopic=3178 The UK Bank List, Who owns what, a useful resource. http://www.greenenergyinvestors.com/index.php?showtopic=4664 Outstanding Educational Videos CHRIS MARTENSON Videos with screenshots - Vids 1 to 20 & Latest News ***** THIS IS A "MUST WATCH" TOPIC ***** http://www.greenenergyinvestors.com/index....ic=4005&hl= Krassimir Petrov video collection A passionate interesting speaker http://www.greenenergyinvestors.com/index.php?showtopic=3481 The Khan Academy: Youtube, 600 videos covering maths, finance, the credit crisis and more http://www.greenenergyinvestors.com/index.php?showtopic=4640 *** Open Yale Courses - Free online *** Many subjects including Robert J Shiller Lectures http://www.greenenergyinvestors.com/index.php?showtopic=5168 Outstanding Audios This is an exceptionally good piece of work from Dominic Frisby. IMO A MUST LISTEN. Why Gold Is The Currency Of The Free And Idle Latest CWR - An Exceptional one. A MUST listen http://www.greenenergyinvestors.com/index.php?showtopic=7051 Outstanding Videos Zeitgeist - The Movie & Addendum http://www.greenenergyinvestors.com/index.php?showtopic=4691 Podcasts, ..any recommendations? - a huge list of places where you can listen to interviews http://www.greenenergyinvestors.com/index.php?showtopic=1179 Things to make your forum use better The Overview of Our Poll Threads So we can see how views change over time http://www.greenenergyinvestors.com/index.php?showtopic=3210 what charting software do you use and why? http://www.greenenergyinvestors.com/index.php?showtopic=3143 Posting charts Guide as to how, would be nice? http://www.greenenergyinvestors.com/index.php?showtopic=2899 Can I persuade you to use this ? "View New Posts" - and other useful forum tips http://www.greenenergyinvestors.com/index.php?showtopic=3967 Do you know about this forum feature ? - "Goto Last Unread Post" If not, you WILL want to !!!! http://www.greenenergyinvestors.com/index.php?showtopic=4688 **** You can now post embedded YouTube videos **** http://www.greenenergyinvestors.com/index.php?showtopic=5284 Quick Access to Notable Threads, And other important links http://www.greenenergyinvestors.com/index.php?showtopic=5156 Video Download Software, Players & Converters All legally free options http://www.greenenergyinvestors.com/index.php?showtopic=3489 General Computer Questions/Problems Please ask here, and try to help if you can http://www.greenenergyinvestors.com/index.php?showtopic=4860 Computer Security Ideas on how to stay safe http://www.greenenergyinvestors.com/index.php?showtopic=4859 ### Copyright ### Can we observe it please http://www.greenenergyinvestors.com/index.php?showtopic=4698 Should I just ban some people ?, Views please - This thread contains a variety of views, and is a good guide to any moderators on here http://www.greenenergyinvestors.com/index.php?showtopic=4883 Poll: Freespeech, cdswamp, and commercialisation, suspension vs. more tolerance of abuse here - more guidance for moderators http://www.greenenergyinvestors.com/index.php?showtopic=5526 Moderation Warnings http://www.greenenergyinvestors.com/index.php?showtopic=5172
  3. Old Title: Tracking the Amount of Gold/Silver Stored Merged with: How Much Gold Remains In Fort Knox [ NOT MUCH??? ] Started by Acton Boy, 18 Aug 2010 ======================================= I know some have posted information on gold inventories (the amount of gold held). I wanted that for my recent answer but couldn't find it. Could we keep a track of them here ? style_emoticons/default/biggrin.gif One source is Jim's site for ETFs 11th July 2008: Gold Money Current stocks of gold and money in accounts is available here: http://www.goldmoney...rt-monthly.html kg = kg gold, soz = silver oz Date ---------- kg ------------ soz ----------- Cash 30/04/2008: 7,528kg 6,913,100soz US$30,363,878 31/08/2008: 8,544kg 9,090,053soz US$14,783,017 You can get a much longer record from the audit scans here (for gold and silver): http://www.goldmoney.../en/report.html which takes you here: http://www.goldmoney.../bar-count.html If anyone wants to collect the data ? Bullion Vault It is available here: http://www.bullionvault.com/audit.do Date ----- Kg Gold - Cash: - US$ ----- EU ------- GBP -------- 01/08/2007: 3500kg 01/01/2008: 4906kg 17/01/2008: 5136kg US$9,259,658 EU3,326,113 £8,296,953 23/01/2008: 5357kg US$13,800,959 EU3,853,177 £7,832,031.98 08/02/2008: 5908kg US$6,951,230 EU3,892,929 £6,811,793 31/03/2008: 6828kg US$8,172,452 EU4,130,662 £7,980,284 11/04/2008: 6753kg US$9,425,495 EU4,748,511 £8,012,199 03/05/2008: 7040kg US$7,825,616 EU3,085,488 £8,272,182 15/05/2008: 7141kg US$7,461,736.05 EU3,339,112 £7,755,071 Notes: There was a withdrawal of 185kg of gold (ie out from safe to the owner) during April, so the April dip was not actually a gold sale.
  4. Steve Netwriter

    GOLD

    It is lol But measuring anything against a varying/flexible metric is bound to make things tricky and is liable to be unreliable and give a false picture A good metric doesn't have to be gold, it could be a basket of commodities, time averaged to remove short term market variability. I like to watch the price of tins of pineapples lol 99c, then $1.39, then $1.49, now back to $1.39, all in the last few years in Countdown Likewise cheese, was $5, got to about $12.99, now back at around $9.99. So prices have doubled in the past 6 years?! Or more accurately, the purchasing power of the NZ$ has halved?! If the doubling time is 6 years, 70/6 gives 12% per year. Seems a little higher than the official CPI increases lol If "gold has gone up by 23% per year", that's a purchasing power increase of more like 11% per year. Not very much during such a turbulent and dangerous economic period. Methinks there's a lot of catching up to do
  5. Steve Netwriter

    GOLD

    A bit out of date, but my Gold Index, showing how the basket of major currencies have fallen against gold since 2000: I look forward to updating this when a catastrophic change occurs (as in catastrophe theory) I still think this is quite likely
  6. Steve Netwriter

    GOLD

    Hi Romans I see you're in the same time zone A few points from me 1. I don't see "gold as an investment". To me, "an investment" is something you go into in order to try and "make money". I see gold, and to some extent silver, as a way to "not invest", ie to avoid all the speculative investments, whether paper "money", stocks, etc. 2. The Gold charts seem to be following the general trend since 2001. It's rather boring. One day that trend will be broken, and the paper currencies will drop much faster than they have been. 3. I don't see gold appreciating at all. I do see the paper currencies continuing to fall. I haven't created any new charts for rather a long time now lol. Wow doesn't time fly when you're busy on other things! Looks a bit outdated now doesn't it lol It looks like I thought the GoldUS$ rate of change was 23% per year:
  7. Steve Netwriter

    GOLD

    What do they say, "buy when all else are selling" lol It looks to me like we've been through a long enough period of boredom and depression for those who think lines up should be straight I do remember commenting on Jim Sinclair's 1650, and how the GoldUS$ rate went straight through it, but now looking at the chart, maybe he did pick an important level. Onwards and upwards
  8. Steve Netwriter

    GOLD

    Pictures of NZ, tales of a Roman Holiday, and apparently the "Goldbugs" have left? I haven't been following the charts much recently, I just check occasionally. Am I the only one who thinks those charts are screaming one thing? If this was Star Trek, Scotty would be screaming "the pressure is too great Capt'n, she's gunna blow" lol
  9. Steve Netwriter

    Survival Kit

    wren comments made me think about this. I know there are those who think this is just crazy talk. Survivalists, ha, idiots ! Well, the probability may be small, but the consequences would be dire. And for those living in a country prone to earthquakes we are often warned to set up a survival kit so we can get by if the worst happens, because for the first few days there may not be anyone available to help. As you can see from what happened in China recently, having at least enough food and water to survive for a while is potentially life saving. So this covers two potential risks, earthquakes, and economic problems leading to food shortages etc. I've had an interesting time looking for food items. I think things to look for are: 1. Things you'd normally eat, so they won't be wasted when they get close to expiring. 2. Things that have a long shelf life. 3. Things that would survive an earthquake. Like tins. 4. A variety of foods. Meat, vegetables, fruit, carbohydrates, nuts, vitamins/minerals etc. 5. Things that don't need cooking, so you can eat those at the start until you're better set up. Here are some things we've bought: Tins of Tuna, Soup (with meat), Spaghetti, Baked Beans: Tins of Tomatoes and Beetroot: Tins of Pears, Pineapple, Peaches, Rice Pudding: Marmite: Nuts: Cola (which is also very good if you get food poisoning - just flatten it before drinking): Spaghetti: Oats and Rise: What do you think ? Your suggestions would be welcome. I'll add to this as I add things to the kit. An obvious question is, how much and in what proportions would a family need ?
  10. I'll be interested to see how this works out. On my site people register as normal but have to fill in a reason field. I don't get that many, but I get an amazing variety of reasons written, from "FFFIUGYTD" to short essays, many of which demonstrate a real knowledge out there. I doubt you'll get many emails from spambots, or spammers, so it may well work well, because only those who want to join will bother.
  11. Before buying property in Sweden I suggest you check out the tax laws on property. It might surprise you...to the downside!
  12. Steve Netwriter

    GOLD

    No, it signals loss of faith in the currencies. Gold is not an inflation hedge. If it was, you would have seen gold rise from 1980.
  13. Steve Netwriter

    GOLD

    Article updated with a few extra charts, including this one:
  14. Steve Netwriter

    GOLD

    Explanation: A Quick Summary of my Learning & Progress Along the 2008 Gold Prediction http://www.neuralnetwriter.cylo42.com/node/3605
  15. What about looking at rises in traffic to the bearish property sites?
  16. Steve Netwriter

    GOLD

    The fall of the US$ also surprised me: Laura, wanderer posted a VERY large rocket going up. I'm not sure why
  17. Steve Netwriter

    GOLD

    Yay, it's an audio and I can get it here in NZ Thanks, going to record it for my personal listening pleasure
  18. Steve Netwriter

    GOLD

    I didn't read any reason for GoldUS$=200. Maybe it's just a number picked out of the air, or maybe it's just mimicking the large fall callers. Or maybe there's an assumption that some people/traders will still think paper gold has some value. It's not an aspect of the article I particularly made note of.
  19. Steve Netwriter

    GOLD

    Well actually I would say "there are other paradigms, and maybe better ones than your current one". The problem I see is looking at the "gold price". It makes it look as if gold is rising. It looks LIKE a bubble. Invert the chart, showing the currencies falling, which most people KNOW they are, and things look a little different. Saying "will the gold price peak and fall back" is like saying "will the currencies drop and bounce?". Yes, possible, but by how much? And they may not bounce. They could hit zero and disappear. Could the US$ fall to GoldUS$=2000. Yes, very very likely. Could it get to 5000? Yes, very very likely. Could it get to 10,000. Yes, very likely. Could it get to 50,000. Yes. That is one solution to the US debt problem. The only solution I know of!
  20. Steve Netwriter

    GOLD

    Well I used to say "gold is money", but FOFOA has educated me a little more recently, so it seems to be "a really good store of wealth"
  21. Steve Netwriter

    GOLD

    nicejim, House deteriorate and also get destroyed, as I've recently experienced. They also get created. The market is also elastic, supply and demand varying with price in the elastic market way. Maybe this would help in understanding the gold market: Gold Supply and Demand Dynamics. Does the supply fall when the "price" rises? by Steve Netwriter http://neuralnetwriter.cylo42.com/node/3552
  22. Steve Netwriter

    GOLD

    Oh dear, I see the same old arguments. Maybe some facts would add to this thread.
  23. Steve Netwriter

    GOLD

    http://spot-gold-price.org/gold-supply-and-demand/
  24. Steve Netwriter

    GOLD

    The topic of "what is money?" seems to crop up a lot. After recent discussions with FOFOA, I realise it's really quite complicated. One aspect I've learned is that maybe it's best to start by defining "money", or maybe better still, to talk in terms of the separate functions of money. So first it's possible to say money performs the functions of: 1. Medium of exchange 2. Store of wealth 3. Unit of account For any particular "money", we can then discuss the merits of it by looking at how well it performs each function. For example, the GBP is legal tender in the UK, so it performs the function of medium of exchange, and seems to do it well. But, in another country that function may well be rather limited. It doesn't seem to perform the function of "store of wealth" very well. Gold in the UK does not currently perform the function of medium of exchange very well. It's mainly necessary to convert it into the local currency first. But, as a store of value, it has performed very well since 2000. If I understand FOFOA correctly, he sees gold in a "freegold" situation performing the "store of wealth" function in parallel with a currency performing the "medium of exchange" function. Thus the inflation of the currency does not devalue savings, and the freely floating gold store of wealth allows the free market to keep a check on the currency. It's a complicated subject, this is the discussion, I hope I've represented it fairly: Bill Buckler Discusses The Last Price Standing Of "True Money", Answers The Only Question Relevant To Gold Bugs http://www.neuralnetwriter.cylo42.com/node/3536
  25. Steve Netwriter

    GOLD

    I keep banging away at the paradigm, but it seems to persist. It doesn't take MORE currency to cause the "gold price" to rise. It only needs a loss of faith in the currency, for the currency to DECLINE. If you break free of the false currency based paradigm, things become very simple and clear. The "gold price" to $5000? Really? You think the US$ will only DECLINE to 5000 for an oz of gold. I think that is highly implausible. If they pull it off, they will really deserve medals. It will be achieving the impossible. I will salute Ben Bernanke and kiss his shoes.
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