Steve Netwriter

Add: Russia has faith in the US$. We're doomed, doomed I tell you This is apparently triple witching week, what ever that means.

For what it's worth, my nervousness indicator is getting a little twitchy. There appear to be a number of little things that make me wonder whether things are about to implode. Lets see if I can list them: 1. Reports of 1933 confiscation .899 gold turning up all over the globe. Scraping the bottom of the barrel ? 2. The Canadian vault audit and rumours of others. 3. Reports of some big delivery requests from the COMEX, with delays is delivery. 4. A growing interest in getting delivery. 5. 134 billion of US bonds turning up in Italy. 6. george4title paying for stuff in silver and getting his youtube account suspended (there could be a simple explanation...or not). 7. Europe being held together by duct tape (I thought No 8 wire and duct tape was a Kiwi thing). 8. The Baltic Dry Index just dropped 20%. 9. Rising mortgage rates (US, UK, NZ at least). 10. Yosana says he has unshakable trust in treasuries 11. Ditching CalWorks. 525,000 families to end up on the streets? IMO whatever the "price of gold" does short-term, I think right now is possibly one of the least sensible times to trade out of it. One of my favourite quotes: "The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.” - Rudiger Dornbusch, MIT Economist

Except he's repeatedly said anyone who buys gold with debt is stupid He's actually said "pay off debt, and buy gold with any currency you have left".

You may find some useful stuff here: Gold versus Silver Volatility & Swapping http://www.greenenergyinvestors.com/index.php?showtopic=3127

Have I missed the posting about this ? Just quickly scanned through this thread. Nothing I thought it would be all the talk. http://www.numismaster.com/ta/numis/Articl...;ArticleId=6745 which followed: http://www.24hgold.com/english/news-gold-s...butor=Rob+Kirby .899 gold. Then there is: http://harveyorgan.blogspot.com/2009/06/ju...commentary.html and http://www.youtube.com/watch?v=7d3IUU-GXb8 Not to mention Latvia

Happy June New thread here: http://www.greenenergyinvestors.com/index.php?showtopic=6774

Last month's thread ends here: http://www.greenenergyinvestors.com/index....st&p=111260

http://marketforceanalysis.com/index_asset...ading%20MFA.pdf I don't know the efficacy of Adrian's system (as I said when I posted about it), but I would give it consideration which I would not do to anyone making judgements based on the position of the planets.

This is a good explanation of market force analysis: http://marketforceanalysis.com/index_asset...ading%20MFA.pdf And an article about Cartel manipulation: http://marketforceanalysis.com/index_asset...THE%20COMEX.pdf

I must look into his system, as at least it sounds scientifically plausible (unlike tea leaf reading etc): http://marketforceanalysis.com/ How it works: http://marketforceanalysis.com/About_MFA.html As usual I remain skeptical until I can see real merit. By the way, who does he sound like? Is it William Hage or ? He sounds so familiar.

You really MUST listen to this Seriously. Interview with Adrian Douglas of GATA & marketforceanalysis.com about Gold&Silver http://www.thefinancialtube.com/video/3551...orceanalysiscom

Yes, but it was catflap's idea not mine. But when I find time I guess I'll have to chart the two and see if it looks right. It does sound unlikely that the two markets would be exactly in sync, so I think there must be something in this.

There is an important factor here which I only recently appreciated. Those calculations are for the gold price today, not tomorrow, not next week, not next year, and most definitely not in 5 years time. The actual final price depends very much on what happens between now and the peak. If they increase the contributing numbers, the final price will be much higher some time in the future. And that's not ramping, that's plain cold hard facts based on previous "gold accounting" periods. ie based on history

This reminded me of a post I made back in 2007 :blink: Luckily I managed to track it down without too much effort. Unfortunately I rather think it annoyed Frizzers, and DrBubb disagreed with me. Here is a copy of my post: ================================= ================================= Frizzers, Your Gold/UK House Prices graph has got me thinking about something which has been nagging in the back of my mind for a while. It started when I saw how currency traders analyse the crosses. And your graph gives me the opportunity to think about it and write it down. It occurs to me that traders often assume that there is a trading relationship between x and y. For example, when looking at the GBPNZ$ cross. Now, I've started to think that that is not always the case. With the GBPNZ$ cross for example, there may be very little trade between the two currencies. Instead the rate is determined by the GBP relationship with a number of currencies, and the NZ$ is likewise affected by another collection of currencies. The resultant cross rate may therefore be not based on direct trading between the two currencies, but instead just reflects what has been going on elsewhere. In analysing any investment/speculation it is therefore dangerous to assume that there is simple trade going on, and that chart analysis can be employed to explain the behaviour of the chart. Considering your Gold/UK House Prices graph, it occurs to me that you may be tempted to analyse that graph in order to predict the best time to move back from gold to owning a house. This is why I think that is not the best technique. I think the gold-houseprice cross is not a traded pair. Instead, each is influenced by various factors. For house prices, the factors are something like: Employment, Salaries, Mortgage Rates, Housing Population, Number of Housing Units, Rental Income, and Sentiment For Gold it is something like: Supply, Demand, and Sentiment And because house prices are measured in the local GBP currency: Local currency is affected by: Interest Rates, Trade (imports/exports) and Sentiment Therefore it seems to me that to predict the best time to buy a house in the UK with gold, you need to analyse the above charts separately, and combine those results. I guess I am pretty sceptical when it comes to any "magic bullet" which claims to enable me to beat the market. I think it is the natural human condition to see patterns where none exist, and to invent superstitions. But, I am always open to being convinced, and eager to learn. For example, I came across the use of the Fibonacci Series in Forex trading. My instant reaction was to doubt it. So I did some research. Initially my doubts were confirmed. For example: Forex Trading - 4 Common Myths Guaranteed To Make You Lose http://onlbusiness.blogspot.com/2007/07/fo...guaranteed.html But then I came across this article: Forex Expert Edward Ponsi: Fibonacci: Debunking the Debunkers http://www.onlinetradingacademy.com/lesson...ns20061121.shtm So, I guess the conclusion is that some/many of these analysis methods only work because many traders use them. They do not have an inherent truth. In summary: 1. You can't chart a non-tradable cross 2. Be sceptical 3. Sentiment is the one common factor to all markets I love the complexity of this subject. I'm not trying to "teach my grandfather to suck eggs". Just thinking out loud, and hoping for more insight from your replies I will value the views of anyone with a long-term good track record of investment 10x times more than I will value my own views, and will always try to understand and learn, but I will always question everything. Steve ================================= ================================= from: http://www.greenenergyinvestors.com/index....ost&p=24437 If you are correct, which you may well be, then as you say, just looking at the price of houses in oz of gold does not give you the best tine to buy, given that you can buy first in fiat and not gold. Personally I still think predicting each market separately can give you a better quality prediction.

Initially I didn't understand why you were going through all those calculations when you'd first posted house prices in oz of gold. Then i realised You're saying: 1. Buy a house using fiat at some time. 2. Later sell your gold (or some) and use the money to pay off any mortgage. I hope that's right. Interesting idea

From: :blink: Amazing !

Your arrow is too short. :lol:

I could do with suggestions. I'm running out of silly things to say No actually that's probably not true

Great article. I agree, talk of gold going TO $2000 is crazy talk

Thanks

Please use new thread http://www.greenenergyinvestors.com/index.php?showtopic=6580

By the way, if anyone has posted anything directed towards me and received no reply, it's because I have almost no time to read on here at the moment Not because I'm being impolite.

Spring/summer for those up north, and autumn/winter for us down here. I wish I had more fiat...............so I could buy more gold and silver End of previous thread here: http://www.greenenergyinvestors.com/index....st&p=107433

I've been scanning through Mike Maloney's book again (I seem to find new things each time I read it), and noticed his "gold always does its accounting" bit. He talks about gold accounting for the increase in base money since the last time it did its accounting. It occurred to me that many people may be underestimating the change in the gold price by a long way. If I understand his view correctly, he views gold as the true equity from which banks expand the credit money supply. So the value of the gold owned by the US should, each time accounting is done, match the total base money. I don't need to mention how much that has gone up since the last accounting. This seems to make more sense than comparing the value of all the gold with all the money in 'existence'.

I think it's because silver is bulkier. Silver coins have a greater premium than gold coins.