G0ldfinger

Good to hear you've done well. Obviously others have too. The important thing is to only invest what one can stomach to see fluctuate a lot. Sometimes a downswing can be unnerving. Anyway, I think gold could top out at some stage far in the future, if Jim Sinclairs scenario of a semi-gold standard does not come true. I am very aware of this and try and pay attention. But Bernanke would have to hike to 15% to make me thinking about selling my gold position.

Hi Whoops.

Some posters/mods just don't have any humor or self-distance at all.

Dow:gold = turd.

Good stuff!

I was a little annoyed by that as well. But then, that's why they did it, I suppose. It's no use spending too much energy on this. Time to move on.

Getting empty over at HPC, I suppose?

I don't have software for this or know of any (which does not mean much). But I have a chart since 2007. Logarithmic: If I find the time, I might be able to code such a superposition. But I only have daily data since 1985.

Norcini sees first support at 46:1 (from the monthly chart, I think). He agrees with me (email) that it could go much lower. However, he thinks a reverse of the spreads could bring the ratio first back 50:1, before it attempts lower levels.

I agree. Some there are just blind towards all the connections that are out there in the real economy. You can't just consider houses without looking left and right. It's a joke.

Here are the updated charts: The ratio is plunging further. I see longterm support lower than Dan Norcini. BTW, the large diagonal line in the chart below should be called the FRIZZERS LINE. Silver is breaking out. The scatter plot confirms the breakout (moving into the upper triangle). $1,050 could bring a temporary pull-back, but who knows. Recent jitters around round numbers have been merely psychological.

There had been discussion about the gold thread many times. After all, that these discussion pop up again and again only shows a certain uneasyness about gold. This last incident seemed to have been rather an accident (in a way), but the problem is that all mods are anti-gold, Financial Planner excluded, but he is too busy to be there often anyway. The mods do have a difficult job. But all this was totally unecessary, since the floating solution had worked quite well.

Everyone I totally agree with Dan Norcini that we're witnessing a brewing Commercial Signal Failure in silver. In a few minutes I will post some charts that some of you already know, but they have been updated now. Have a look at this here for the OLD charts. http://gold.approximity.com/gold_analysis.html

Welcome! Enjoyed your post on HPC recently.

I actually quite liked the discussions over there. Even the trolls or e.g. RB's or cell's comments were always worth a laugh (and sometimes an answer). Oh well. It could not last forever. I almost feel like Axstone, when he finally left the Kitco Forum. Todays action was amazing. I mean, just take the Bloomberg headlines on gold today. And then the NY session, a joke again. I disagree with Dan Norcini today, I think gold held up well given what I think was going on behind closed doors.

I seriously loaded up on silver end of last year. I'll soon post a few charts to demonstrate why (most of you know anyway ).

Hi Pluto. It just got too ridiculous over there. The thing is, the people most emotional about gold are those who hate it or don't have it. And not having it is not a financial matter, since until recently gold was very cheap. And even now almost anyone in the industrialized countries should be able to afford a few coins.

Yes. This woman (what's here name) mentioned prices over $10,000. Quite brave on a public radio show. There was only one more bullish guy of some hedge fund on Bloomberg some time ago, who mentioned a price of $50,000. Well, my thread (linked above) explains how you can end up with such figures. It could happen, if the central bankers seriously screw up.

Here is another one that should calm you down every time you think gold is getting too expensive.

Yes, I have a thread on this topic here. Maybe I should update it a little or get it over here. http://goldismoney.info/forums/showthread.php?t=195370

Here is one of my favourite charts on gold vs property. The read arrows points to where we are at today.

Here is one of my favourite charts on gold vs property. The read arrows points to where we are at today. (larger chart in post, below) ====== UPDATED: /original source: http://gold.approximity.com/gold_charts.html

Hi everyone. I am new here. This is my first post and at the same time my first thread. I am sort of looking for a new (internet) home after the environment over at HPC.co.uk got too annoying, with people moving the very popular gold thread around all the time. Maybe information on gold and related matters are more appreciated here. Anyway, should the moderators here deem this thread inappropriate, I would be happy to be moved. The theme of this thread should be general information on gold, gold as a macro-economic variable, and its relationships with other investements/assets, like e.g. houses. Money/credit/debt issues are of course of interest as well. My idea was to put it in the main forum because I like broad discussions. And my main reason for coming here is that the HPC-gold thread was moved from the main forum which reduced the number of posts/posters on it, and just made things much more inconvenient. I hope that is OK with the philosophy on this forum here. Regards, GF PS: I chose the name 'G0ldfinger' since I am/was 'Goldfinger' on HPC. No offense to the holder of the name 'Goldfinger' on this forum here, who seems to exist as well.