G0ldfinger

Mwuahahahaha!

Updates available: http://gold.approximity.com/gold_charts.html'>http://gold.approximity.com/gold_charts.html The gold bulls have been right all the way. It's all falling apart: Europe, UK, US, even China. Even Bubb has given in now and is bullish. Pretty quiet here nowadays without the bulls. Anyway, we had a bounce over the green line! I still think it will mostly hold. As for houses, a bounce here too, but the line is holding. http://gold.approximity.com/gold_charts.html Sinclair model update: http://gold.approximity.com/since1970/Gold_Price_to_External_Debt_Equilibrium_Price.html What can I say? Gold is just dirt cheap! Until next time...

http://gold.approximity.com/since1999/UK_House_Prices_in_Gold.html

By the way, how do I have to interpret that I am no moderator anymore? Have my times at GEI come to an end? EDIT: Oops, sorry, I saw your private message. I also see that the hyper-deflationist RH still IS a moderator. OK, so, that is the end then. Bye everyone. I had a good time on here. You know where to find me. --- POST 11,440: GF OUT. ---

Bubb's questions seemed ratheer naive to me and have been discussed a 1000 times before (and then the conspiracy thing again...).

They will have ZERO tools to reign in retail price inflation when it starts to really wreck havoc. It will be spectacular. Of course these idiots will fix prices just to create a HUGE black market and zero tax income, so they will need to print more and more. It will be unimaginable.

David Morgan on FSN: It took Sprott 10M oz physical silver to move the price $2 up. It took 220M oz paper silver the other day to move it $3 down. Think!

Agreed. And BTW, the gold as an investment discussion is somewhat different from the gold as a currency discussion.

It's always good to get the facts right. http://en.wikipedia.org/wiki/Carlsberg_Group

Errrh. He was right in 1980. He has been right in 2011 (except for being a few months off the time line). And I truly believe he will be right in that we will see a much higher gold price.

In fact, I am against it too, because it will just mean more manipulation of gold by central banksters. What I want is (tax-) free competition of currencies, including gold and silver. Then we'll soon see how the paper turds are doing.

DOUBLE POST No problem: gold is forward looking and for now seems to react more to money supply (which is increasing to replace private debt) than to (more stagnant) nominal GDP. This is no contradiction as money velocity is low. The key for understanding the forward looking aspect is that velocity (and also private credit growth) lags money supply growth, and therefore retail price inflation follows with a delay. The delay at the moment is pretty long, however, the coming calamity can be seen already in stubbornly growing prices in necessities.

Sure, sure. But what they sold was the Bernank's news, and not the ECB news. Anyway, huge storm in the water glas for that little blip. Sinclair was right, is right, and will be right (on the price of gold), even if I don't agree with all that he says and can't make myself believe in Sai Baba.

If we wouldn't have you as the paper bug and anti-gold bug par excellence, we would really have to hire someone to take up this role.

His name is Jim Sinclair, and not Jim Holiday or Romans Sinclair, okay?

So, you think we should (lightly) ignore FACTS like the one below? Come on Bubb, based on FACTS (see below), all I can do is to TOTALLY IGNORE the little paper shuffling of two days ago. The leaning on Gold during NY opening times is so ridiculously blatant that it is astonishing to me that we need to have a discussion at all. As some on here know, I have my own data on this which is fully in line with the chart below. And now you want the people who got their facts right to leave this forum? And, BTW, as Mr Gold himself has pointed out: the ECB prints up over $700B that day alone, and then the Bernank comes out and goes 'peep', and gold falls off $80 bucks. Are you kidding me?

Is that a GLD paper shuffler volume ( ), or rather something we should really take for important?

The Cartel seems to be only a shadow of its former self. The sharks are circling...

Dunker, are you in the bunker?

I can tell you: a decade of excellent advice. That's what we got from Jim Sinclair.

Bubb, you're not making any sense at all. The system is broke, don't you get it? Sinclair is 100% spot on with what he writes. The can has reached the end of the road, and the only thing holding up paper assets at these incredible bubble highs is people like you who just need much much longer to get it. You will not escape the physically and practically unavoidable effects of a flood of paper money. It's a very slow process, but it is in full swing, and only people like you make it so slow. Just look at Greece or Japan. Do their economic policies look sound to you? Don't you think there will be some fallout? And where should the fallout be, if not in the corresponding currencies?

http://www.bloomberg.com/news/2012-02-29/gold-falls-most-this-year-as-bernanke-gives-no-signal-of-any-new-stimulus.html The poor market! So disappointed! Inflation subdued, aha. I'll call Bernanke for an apology when my insurance premiums and fuel bills go down. Gosh, is this the kind of "gold" the Fed holds? http://www.bloomberg.com/image/iIJ9P3LcurEo.jpg

Ho, ho, ho -- is it Christmas already?

They have few alternatives.

I've tripled my Silver Wheaton holdings recently.