torino

Thanks Dr Bubb to remind that this thread is all the more interesting when some contrarian opinions come to excite the local crowd - if I can put it that way . I am wondering: is it possible to find an estimate of worldwide non mined gold?

volume : of course!

* armed guards? Do you mean people might become so desperate for oil they'll use violence * growing these trees: how long do they take to grow?

Some people go physical in gold, so why not oil?

This gold thread is very inspirational. After thought, I am interested in storing physical oil. I'll be curious to know if it is possible to stock physical oil in a major city? Where would you go to store larger and larger quantities, without getting into troubles?

Bigtit This is REALLY the best I have read today - did well to drop at an internet cafe before my second round.

Man, I thought I was done regarding gold impossible scenario : more to read! I can't really understand who would benefit from gold speculators having to sell - in the worse situation. To be honest, if - this is a BIG if that is certainly impossible - gold was to go really down, who would benefit? Also, thank you for the comments on how to get a better response: actually reading the threads brings in quiet a lot of insight into the emotions and thoughts involved.

on this 'poetic' imagery, I am off for some rest. I think I am starting to have my scenario : 99% psychology, 1% logical!

pieshop: you are funny. Tell me : do you hold gold?

pieshop: your answer and attitude are interesting. Do you always react like that or do the questions disturb you?

pieshop Is that input satisfactory? no.

Why : because it is my homework. with whom : my training buddies. why: because that's the scenario I have been given to defend. any input from you?

Wanderer, Thank you for sharing your thoughts and these are completely valid. Yes I do hold gold - bought in around 2001/2 for my metal work and jewelry making hobbies. Still have my "work of art". Now I am looking into gold for speculative purpose and I need to put a decent presentation together - even for a completely ridiculous subject.

I am trying to find out if there is a price level of gold which could create a sentiment of uncomfort, malaise, disbelief and panick among gold holders. If you could answer some of my questions, this would really be helpful as you are a gold holder.

Wanderer, As you have no stops, is there any level - in the most impossible scenario - at which you would have to get out even if you didn't want to?

Hi again, I still have my presentation to prepare and to defend the "impossible". Do you mind, putting in some of your thoughts regarding the questions below? This would really help me ( I usually like winning) .

Is there any level which would make you uncomfortable?

Hi everyone, I have had the unfortunate role of defending the "impossible" , i.e. gold going as low as 666. I was myself suspicious when the number 666 came out, but not being in occultism, I take it as a mere number - how would you, gold holders, react if gold was to go to 800? 750? 700? 666? up to which level would you hold? when would you expect call margins? how low would have gold to go for you to sell? If you were to sell, would you sell bit by bit or all in one go? would any of these numbers make you sweat or bring panick? - how would you react if this movement was slow and steady? - how would you react if this movement was accompanied with a lot of volatility? - for this to happen : what % of world bank, IMF and other CBs gold reserve would have to be sold? - who would benefit from these falls? What do you believe is the likelihood of these levels being reached ( may be a why would help me win ) and what amount in loss $ this would represent - 800 : likelihood / why / loss - 750 : likelihood / why / loss - 700 : likelihood / why / loss - 666 : likelihood / why / loss

1. Watching gold prices, in your opinion, how low would have gold to go for gold buyers/holders to panick & start selling ? 870? 850? 820? 800? 790? 770? 760? 666? 2. where can one find quantity of gold held by IMF, World Bank? who influence their decision to sell their gold?

1. Watching gold prices, in your opinion, how low would have gold to go for gold buyers/holders to panick & start selling ? 870? 850? 820? 800? 790? 770? 760? 666? 2. where can one find quantity of gold held by IMF, World Bank? who influence their decision to sell their gold?

Is there a way to find out how much gold the IMF and world bank hold? Also, I think China is actually the largest holder of physical gold : is that true?

Sorry to ask for precision. I did contact bullionvault - but they only explained that they stored it for you. But what about having access to the metal itself?

Haven't really traded for nearly one month. I am now thinking of really adding to my physical gold. I would like to understand how bullionvault & cie work : - do they deliver the gold to you? - is buying from them purely "paper exercise" ? - if they do store it for you, can you - if needed - get physical access to the gold? - has any of you who has tried managed to get access or even see with your own eyes, touch with your own hands the gold you bought?

Regarding Gold : are you all BULLISH? Is there anybody here who is bearish about it. I am thinking of melting my "metalwork of arts" and selling the metal.

I don't know much about gold. Would you say now would be a good moment to buy and hold till july/august at least, or is it better to wait till june/july/august?