G0ldfinger

New York access market closed for Thanksgiving?

I'd be more worried if I held any fiat currency, especially Dollars or Pounds. Being in gold and silver gives me perfect peace of mind, no matter how many little precious dollars Bernanke churns out. The short term dips people with no fundamental knowledge of the gold market cause are nice entry points in an accumulation strategy.

Sovereign funds/central banks, high net worth indviduals, and hedgefunds might stand for delivery. The benefit is to not hold paper currency which gets churned out by the printing presses at an ever increasing speed which makes it a losing bet to hold. A failure in the gold/silver market will go unnoticed by the majority of the world populace, but some will profit from it big time.

Another 100% nonsense discussion.

Adios muchachos. See you up there!

$1,190.30

Right on track. http://gold.approximity.com/gold-silver_watch.html

http://gold.approximity.com/since1999/Gold_EUR.html http://gold.approximity.com/gold-silver_watch.html

I find this chart highly relevant and also very informative. Therefore a bump of my own post. It's the same message as "gold climbs when real interest rates are negative", only, it is much more obvious from the chart.

The time to be in gold is when you can't earn money with an account that pays the Federal Funds Rate.

No, I think it's unfair to say that. The sell-off in gold last year was entirely unjustified and possibly just a result of manipulation/speculation. It could not harm gold's long term dynamics. In that crisis, gold should have gone up, and at some future day, it WILL go up, because the bullion banks will have lost control. The same applies to silver IMHO.

Ho, ho, ho. Someone called it. http://gold.approximity.com/gold-silver_watch.html For the top-callers and naysayer: in the log-version recent price action looks much less dramatic. http://gold.approximity.com/since2004/Gold_USD_LOG.html

On a historical basis, the ratio is below 40:1 at over 50% of the time. A swap at 55:1 seems therefore too early, especially if one takes the Peak Silver situation for real.

The dead cat bounce is over, next leg down in full swing. http://gold.approximity.com/gold-silver_watch.html

Only The Mad Hatter could say this. I hope you see that we are STILL at a permanently LOW plateau, and it's time to accumulate. (Why oh why is this so difficult to understand? Why oh why do people only look at nominal prices?) http://gold.approximity.com/since1970/Gold...rium_Price.html It did in January 1980. Yeah, but guess what: there is a little difference between right now, and 1980 in the bubble (see above).

Would that mean that Sinclair's $1224 will be reached first? Hochberg from EWI predicted gold at $6xx on FSN last weekend. We should keep track of this to see in a year or so whether these guys are geniuses or complete nutters who totally ignore fundamentals.

Can someone please check on John Reade's gold price predicting skills? It's because I have some doubts that he is a 'gold star'.

That would be a nice buying opportunity. Anyway, welcome to GEI.

It's not his gold.

The joys of trading. (*Investor, or trader?) Why do you worry? There will always be a 'smackdown' at some stage. Meanhwile, investors enjoy the fruits of their long term strategy: http://gold.approximity.com/gold-silver_watch.html

You can lose because you are accounting in fiat currency. While the nominal price in pounds might double, the real value might have just stayed the same, or have gone down.

Is silver turning here upwards? http://gold.approximity.com/since2001/Gold..._LOG_GUESS.html

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

Nature has some true gold bugs. EDIT: I see there is a hole in him. Maybe someone drilled for the tungsten?

Now, there is an idea.