G0ldfinger

How is this for something that you absolutely don't want to have in your portfolio?

So the USD is now fixed to the CYN, and not the other way round. Interesting!

A 2.2% downturn so far. What has happened to the good old gold downturns?? Where is my 30%-40% off bargain?

Perfect timing! I am just now getting to move my pension cash into the gold SIPP! $950, pretty pleaseeeeee!!

Waaahhhh, my thread has been moved forcefully!

My best wishes for the festivities! Wikipedia: "Mysore Palace in all its majesticity and glory during Dasara"

He's actually the face of some US cash-for-gold business IIRC, that's why he's on air. But he seems to hesitate a little when they talk to him about gold as an investment. I think like deep inside he knows it's a mistake to sell gold now.

Mr. T Interview on Gold http://www.bloomberg.com/video/63695708/ EDIT: "Gold is special", something about angels and Jesus too. He is an original. The young boy who talks about the Dow/S&P gets it @$$-backwards of course.

I didn't qualify it, IMO it is NOT expensive.

I was quite astonished how bullish Jeff Christian (CPM Group) recently talked on FSN. He sees a potential for $1,600 by January (then $1,350 by March, he said he had talked to Jim Sinclair about this). For silver he could see $30 by Jan. (or at least $25, IRRC), then $17-$18 by March. He compares this to the blow-off in 1980, which is somewhat ridiculous and shows that he has no clue of how expensive gold is in relative terms.

Is the Euro turning here?

Trying to get back under the red line.

Now with regular updates. http://gold.approximity.com/since1999/Silver_USD_Pixel8r.png

Maybe BullionVault or GoldMoney should set up an "in-specie" contribution over from ETFs, after all they're in the LBM.

There will be ups and downs on the way. Around $2,600 at today's levels.

Given that chart, which has not been updated for the latest moves yet, the area around 50:1 and below is worth considering swapping. A sub 38:1 value would be a 30-year low in the g:s ratio, and hence definitely worth a consideration. I wonder how many will have the balls to hold out for 20:1.

Looks pretty anti-climactic to me yet. http://gold.approximity.com/since1968/Gold...rium_Price.html

Since when has he been that bullish? Hmm, another humiliation of RB by the shiny yellow one.

If you traded the ratio properly you would do the opposite when it goes down. If you however expect short term wonders in silver, then it's a different gamble.

We almost hit $25 earlier. The ratio now at 56.2. Call me Silverfinger.

The highest London Silver Fixing was $49.45 in Jan 18 1980 (a Friday). Gold peaked at $850 in the afternoon fixing on Monday 21st Jan 1980.

Gold:silver at 57.11 right now.

The fundamentals point lower IMO. I think Sep. came out quite a while ago, so we have to wait for the Oct. data early Nov.

$24.06

I think the chart is pretty much up-to-date, but it relies on nationwide values. We're now the 2nd time under 200 oz.