Pixel8r

46 on the GSR also looks very attractive to me.

I agree RH has been too harsh on fitkid.

oops noticed after posting.

http://mises.org/hum.../chap20sec8.asp

Thanks for these charts GF, the one above is giving me second thoughts on my swap currently. Look at the Au/Pt ratio in 1980, looks at about 1.5 to me.

Wow thats a big difference, well spotted. Sorry but I have no I idea why that could be, other than there is a lot of scrap Platinum coming onto the market currently. Maybe a lot of old cars are being scrapped?

The Gold and Platinum price are swapping place currently, gold was actually $4 more expensive an ounce than Pt 10 mins ago. Thinking about swapping some of my gold to platinum via GM and am wondering what others thoughts are? My thinking is that the last time that gold and platinum were the same price was in the depths of the crash in '08, gold is showing strength as it is the stable go too asset, where as Pt is being sold down as an industrial metal. IMO this can't last as Pt is far more precious than gold and maybe a good opportunity to swap.

http://www.youtube.com/watch?v=q6vi528gseA

http://www.youtube.com/watch?v=3dLAv0NklTg

Still fits, coming to the vertical bit shortly. Enjoy the ride.

Just to remind everyone that RH often gets things completely arse about face.

You will be able to use your gold to trade for things that you need, gold is money. This was shown in the recent crisis in Greece, when a black-market started in sovereigns. I have recently used the GM payment system on four occasions to buy goods, I hope that it will become more widely accepted in the future.

You can have either a 100 gram or 1 kilo bar delivered at any point though.

Jim Sinclair interviewed by James Turk at the GATA goldrush in London. http://www.youtube.com/watch?v=IF24atvNkSo

Oh yeah I see now (sorry RH). Lets all look at the reasons as to why the gold price will escalate over the coming years; 1. Central Banks have turned net buyers in a big way, around 200 tonne so far this year. After years of being net sellers, that has got to put more pressure on the price and cause the rate of increase to escalate. 2. Increased debasement of fiat currencies, this is starting to be recognised by joe public. 3. Financial problems escalating not easing (there never is any solutions just actions that postpone and elevate the situation). 4. Gold buyers are no longer looked at as being weirdos, but are starting to be recognised as onto something. I think the reasons stated above show how the steady escalation in the price of gold that the gold cartel have been trying to instil will end up overcoming them in the following year. This will bring about the final mania stage in the bull run (which I believe will last probably a couple of years).

But your not using a log graph. I am expecting there to be increased volatility during this week, probably a bit of a pullback on Monday until they are forced to announce some more printing to save the stock market. When it comes down to it there will be more printing which will be very positive for the price of gold. There are reports around that there is a large amount of money on the sidelines waiting for an opportunity to buy, at some point that money will be waiting no longer and getting in.

As I keep explaining whenever RH comes out with this claptrap of 20% a year appreciation, the rate of increase in the price of gold will escalate as we get further into this bull run. There is no way that it will continue just to do 20% a year, as it hasn't in the past. The following log graph clearly shows that we are in a much steeper uptrend than 20% currently. I fully expect us to move into an even higher uptrend soon, maybe we have just started the next leg. RH why can't you acknowledge this?

I am expecting silver to show some serious strength again soon, once we close above $42.50 we will be back on track, the heavy manipulation (5 margin hikes in quick succession) correction will be behind us. Blythe Masters must be starting to fret, her efforts don't seem to be as effective anymore which is understandable with higher margins as that means less speculative holders.

I always wonder why more cash rich miners aren't holding gold in reserve rather than selling their supply for fiat, it is almost like they don't quite believe the price will continue to rise.

Sure miss those ultra drastic silver moves.

Point and figure chart is pointing to a triple top breakout and a bullish price projection of $1970 currently.

I do see what you are talking about but I think it is a bit of a stretch to say that gold falls each time the debt ceiling is raised. Here the same graph with some downward lines to show you what I mean, about half the times it actually goes up post raising so not much can be gained from it really.

http://www.zerohedge...1950-and-higher

Beat me to it. Here's the FT article; South Korea lifts gold reserves 17-fold By Christian Oliver in Seoul

Hopefully I will wake up one day to that being a true story, the merger with Golden Minerals (AUM) does look promising though.