Compounded

I don't know but: I am getting to think I may get a bit of physical mainly because I think it is very unlikely to be confiscated if things turn really bad. Silver at current prices is a better bet IMO if you want a volatile PM that may make a big profit or just could be a dog.

Palladium was more expensive than gold for a while about 10 years ago - IMO it's a speculative punt defo only worth buying when low. I think the high price was due to Ford trying to corner the market and Russia limiting exports - not predictable fundamentals.

Brown's behaviour makes much more sense if the aim of the gold sales was to reduce the gold price - it is strong circumstantial evidence that central bank gold price suppression exists.

There will be buyers but not buyers who think of them as an investment that will produce a profit. That is the mark of a healthy house market IMO. A place to live that you cannot be ejected from is the best reason IMO the only reason for house purchase.

Do you sort of feel we have harly started- even though these figures suggest we are more than half way there?

Are you not a little sad about the disaster that is unfolding, it's victims, the ignorant but honest hardworking people who believed in Krusty and Phil's easy path to effortless riches?

I would rather cg be wrong and my gold lose value, I suspect he feels the same too. Yeah I am richer and the worlds falling apart - guess that's the goldbug curse.

A coin without the queen on it? It is something primal with me - guess I am old enough to remember the circulating coins with kings and Victoria. This primal thing will be cogent to many, but the Queen in gold - you cannot beat it. ps I like the new jigsaw coins they are fun.

I missed that change, I am not selling so it's not relevent to me now, it may one day but not yet.

GCT, you get £9,200 tax free and the excess is treated as income if a top rate payer you pay 40%, if not 20%.

Bubb thinks he is in Dubai; that place is not immune far from it, the hubris there was pretty much at the extremis of this global bubble, then again I don't think the well informed cg would live in such a place unless he had an easy exit. Jesus it's in the middle east, Israel would be a better bet (so long as you are not under 40 and liable for millitary service or have not got military age sons) If he is there I imagine he will be moving soon if not now. NZ seems best to me but I am staying in the UK as I have connections and family here.

QUOTE With the shift of power away from the US and toward Europe in the Western world, the price of gold should be viewed more often in euro terms. It has not fallen badly, but instead has consolidated. The bullish divergence is clear. A U-shaped reversal pattern requires a move above 650 euros to ignite a rally. Before long, gold will run up in all currencies. This sort of fits in with cg's informed friend saying they are desperate to keep gold below Euro 600. Like a previous poster I am aprehensive that cg has posted so little.

Great lecture, thanks for posting it. Does anyone know where I can download the FTSE/gold ratio chart he showed?

I had a second trip to the BOE museum on Friday I just had to hold that 400oz bar again it's worth £211000 now. I also went to the British Museum and stumbled on the money room - for anyone deeply interested in monetary history it's better than the BOE museum in that it has some of the really old money from ancient times although there is not a 400oz gold bar to fondle. The indestructible value of gold and silver versus all the alternatives is plain to see.

It's the slowness that is so deceptive - it obscures the seriousness of the unfolding calamity. I am hoping so few have physical gold that the UK government will not bother to confiscate. It would be amazing if they hadn't. A big smackdown coinciding with an anticipated rally due to comex default is what I would do if I had the task of suppressing the gold price.

Do you think so, I thought he looked shifty and was obviously uncomfortable. He was lying we know it and Ron Paul knew he would have to before he even spoke.

That's possible, I was hoping that so few have aquired physical gold it would slip under the radar and be irrelevant in the great scheme of things.

, This is brilliant, it conveys a message that is so difficult to explain in words in a simple easy to see way. The big question is will the current crash be so big it breaks the international monetary system altogether, cg thinks so and so do I.

I am sure GF has a similar chart or charts of the 70's gold bull, it too seemed less spiky in GBP than USD. Is this a coincidence or is there a reason? The 70's GBP chart gave me the impression that in GBP missing the blow off peak in 1980 and selling somewhat late was potentially much less costly than trying to sell before the blow off and risking selling too early. I am coming to the opinion that as gold is insurance I will not try to time a blow off peak, infact this seems even more sensible if cg's total economic collapse happens which is looking more likely as every month passes.

I am in the UK UK may go the same way as Iceland Gold will protect me from that so I am sticking with gold.

That is my belief but I could be wrong - it would be nice to know what percent of traders are making a profit.

£5.43 per gram 9kt gold on Baird they are offering £3.80 Rip off or what?? Broken gold is an odd phrase.

Trading gold is too difficult for me but some are much cleverer than me of that I am certain. CG I am certain you are cleverer than me me, BTW I wish you health and happiness - as for wealth I gotta feeling you dont need anyones wishes. It just shows how effective the propaganda from the elite has been that saving in a money that long term holds value could be equated by many of the most intelligent as the actions of a nutter. Some very old and very hard lessons will be relearnt when paper money reverts to its intrinsic value. I tell no one and hope that gold savers are so few that in the coming crisis the power cannot be bothered to confiscate.

I am not sure - I don't know if you can ask him. I recall it did not seem like a good time fron 2000 to 2003 at least for pension funds and those into the SM.

I would not be surprised if it went to $2000 and back to where it is now. The 70's bull had a 50% correction and I am pretty sure there was no manipulation then and a less serious financial crisis too.