Steve Netwriter

With respect, the other charts that have been posted, I do believe all rely on the official CPI numbers, which I believe to be significantly wrong. This IMO is more accurate: Created in April 2009. See this thread for other charts: http://www.greenenergyinvestors.com/index.php?showtopic=7906

Nice graphic

Not needed when others are doing it But, paying in advance is not unknown. But, personally, I would ONLY do it if the company had a good reputation, and if I thought the chance of them going bust etc before delivery was very small. For a new company, with no reputation, they might need to offer a secure payment system which allowed you the return of your money if anything went wrong.

What springs to mind is the Shiller income chart. Irrational Exuberance - loads of data from Robert Shiller book http://www.irrationalexuberance.com/ Including PE of S&P500, which is also available here: http://www.multpl.com/ Is that what you mean?

Breaking: Gold & silver crashing. Oh wait....my monitor is upside down :lol:

Nice charts I think that's an important point.

Yes, exactly. Every lost job reduces demand, but also reduces supply. My point is that demand destruction may not necessarily be greater than supply destruction. In one case you'd expect prices to fall, but in the other they would rise. Certainly demand destruction is not the whole picture A very good debate between Mish and Daniel, which I've only heard 3 times so far. I think it requires quite careful analysis. The bit I found funny was when Jim said "inflation leads to inflation". A classic example of how that word gets people confused And I think they'd have been able to debate better if they'd had that word banned in the whole debate.

Why is it that everyone seems to talk about demand destruction and not supply destruction ?! I make this point every time I see "demand destruction".

Wow, I wake up on Saturday morning, and gold has been really whacked down to......to...... oh $1006. Still ABOVE 1000 :lol: 4 digit US$ gold is starting to be a habit Eric makes an interesting point about the net long % of open interest: http://jsmineset.com/2009/09/18/cot-gold-comparison/ If you can't read his chart, I've blown it up here: http://www.neuralnetwriter.cylo42.com/node/1882 I feel sorry for the Chinese, caught as they are with so many US Dollars, so I did a quick calculation to help them out. How many of their $2 trillion should they convert to gold so that the rise of gold price offsets the devaluing US$? I've assumed a US$ devaluation of 50% and GoldUS$ going to 10,000. The simplistic answer is they just need to buy $200 Billion of gold or at today's price 100 million oz (3,100 tonnes). Although they will obviously diversify into other commodities, they have more gold buying to do

Yes, and that could be quite significant. Does it mean the Japanese are now willing to let the US$ fall without trying to keep the Yen following it into 'valuelessness' ! Could be yet another nail in the US$ coffin. Hmm, wouldn't it be fun if they also started buying gold

Do what? whistles quietly while walking away

Or as someone reminded me elsewhere just now....to avoid being dragged down a very big hole! 1017.02

Hi Nick, It's really describing my view on the long-term way gold moves. So when gold looks initially "overbought" would coincide with the sort of time I'd be looking at going more into gold than silver. The end of that phase (as in "this is it"), would be the sort of time I'd be going more into silver. Obviously if you can pick the best dip of the consolidation phase then that would be THE best time to move more into silver. I'd have done that in Nov, when most people seemed rather upset at the falls, but I'd already picked an earlier dip Often it's the first dip, but last time it wasn't

I guess it depends how much you think silver has moved from a consumed commodity towards being a monetary commodity. It's always going to be a bit of a gamble with silver. IMO the only way to play it is make your decision and hang on tight. If you are convinced of your decision long-term. My bet is that the Chinese general public investment effect will limit any dips from now on. Good luck with your decision.

WOW !!!! Japan incoming finmin Fujii: strong yen has merits To put it mildly, that's a change of policy !!!!

Come on guys wake up I can hear the "control room" now. Controller: Fred, you've pressed the wrong bl**dy button again. You should have pressed the DOWN button. Fred: But I haven't pressed a button Sir ! Controller: Oh hell, it must be those bl**dy Chinese. :lol: I should add: Ooooohhh, that's fun. The Yen just suddenly started up REALLY fast against NZ$, EUR, US$ and GBP. This is looking like so much fun right now. In a "watching a nuclear explosion knowing many people are being killed" type of way Edited to add: This is bizarre. I've just checked google news to see what just hit the fan, and they all suggest everything is great and the Yen should fall So why is it shooting up ?!

My view is that now is about the best time to be heavier into silver. Yes there could be dips short-term, but it does look very much like the end of a long consolidation phase. I think in terms of 6 months not weeks.

Ahhhhh...ooooooooohhhh ! 1014.40 ! That's quite a jump up !

Well, I've had one of those feelings today. Just waiting to see whether I was right. 1010.10 Rising

I still don't use the ratio. Sorry to you guys who do Remember this thread: Gold versus Silver, Volatility & Swapping http://www.greenenergyinvestors.com/index.php?showtopic=3127 This is how I look at it: I watch the gold price. If gold looks like it's reaching a "top" (ie if it's risen a lot and will probably consolidate for a year or two), then I would swap silver for gold. If on the other hand I think the gold price is reaching the end of a consolidation phase, and could well rise for 6 months or more, than I;d swap gold for silver. So this is the sort of chart I look at: If I don't get the timing quite right I tend to stick with it and wait for the next likely turn. I don't wobble rapidly backwards and forwards

Please vote Poll: What sort of gold purchaser are you? A Poll to see if there is any correlation http://www.greenenergyinvestors.com/index.php?showtopic=7686

Gosh you managed to be more polite than I would have Maybe it's worth noting that the GFMS failed to make note of the gold bought by China. A slight mistake ! This gold fiddling is tricky

This duplicates the sort of thing I've been reading: Ed Steer on Korelin: http://www.kereport.com/audio/0912-03.mp3 "Sooner or later it's going to bust free, I just don't know whether it's going to be this second". Personally I don't care. I'm in for the long-term. And I am pretty confident on the long-term

Maybe not on here or in the mainstream. From my reading this could be a rather complex issue. Those that manipulate and connive sometimes act like spies, with spies, double agents, and triple agents. It's difficult to know sometimes which bit is truth and which is not. Certainly YET another success for GATA.

Those posts get to go on the notable posts thread. Excellent stuff http://www.greenenergyinvestors.com/index....st&p=126781