G0ldfinger

Yeah, there is always an extremely thankful and keen other poster nearby. Just let them go down.

The problem is that randomness and free will are the same, and people are generally not able to understand this. In that sense, everything is coincidence and everything is intentional at the same time. As I said, people generally can not grasp this. Anyway, let's focus on gold.

The good thing is that at least BV and GM are very transparent in their auditing (BV perhaps the most).

Great advice by Kappy over at GIM http://goldismoney.info/forums/showthread....66&page=629 When they get cheap and you're losing faith, sell your shares. When they get more expensive and your confidence returns, buy shares. Keep repeating this cycle over and over. Thanks. :lol:

This is what Bairds/goldline wrote me in an email today:

Show him the longterm DOW-Gold chart and tell him that he is too early.

DOUBLE POST Arbitrage Lures Gabelli to M&A, Huntington to Silver as Hedge Funds Fail http://www.bloomberg.com/apps/news?pid=206...&refer=home

DOUBLE POST Arbitrage Lures Gabelli to M&A, Huntington to Silver as Hedge Funds Fail http://www.bloomberg.com/apps/news?pid=206...&refer=home

Now, there's some inflation!

Very interesting.

I agree with what you wrote above. The issue of confiscation or freezing accounts is sometimes wrongly understood. Under capital restrictions, you also wouldn't get any goldbars or coins easily through an airport i.e. gold held privately would be of no advantage if it had to be moved. 'Confiscation' wouldn't happen as such (if at all), but as a forced sale at a determined price, maybe even the market price at this point in time. So what you would do is simply take the money and buy the next best thing, e.g. palladium, platinum, silver, copper, or even houses or other types of hard assets to protect yourself against the currency criminals. The biggest of all dangers is really capital restrictions. In 1-2 years, when no one will want to live in the UK anymore (especially no rich Arabs atc.), they might revert to them. If you intend to leave as well, then there is a real danger with UK only companies/banks, maybe Channel Islands will be slightly better.

That's how we get to 50oz per house in no time. http://www.guardian.co.uk/money/2009/feb/01/banks-mortgages EDIT: So why is it that suddenly everyone knows that new builts are cr@p quality and will be worth very little in 10 years time?

Interesting points. However, I do think that 2007/2008 was the big one. It came in two waves, as LIeBOR shows. Gold might indeed take longer to really reach the heights it's going to reach, so if we can accumulate for another fews years that would indeed be a great opportunity.

There is a picture of a bunker where there should be one of Tim Wood. http://www.financialsense.com/fsn/main.html

If your boat is loaded with gold and silver, accumulated over the years, then just sit back now and enjoy the ride. The time to load up was over the last year. EDIT: I will possibly buy some more palladium soon.

... and a stable currency.

http://www.bloomberg.com/apps/news?pid=206...&refer=home

http://gold.approximity.com/since2005/Gold-Silver-Ratio.html

http://gold.approximity.com/since1985/Gold_GBP.html

I think I will do exactly the opposite some time in the not too distant future.

I mean, seriously.

In a few years there will stories be read about how people tried to trade gold in the biggest financial meltdown ever. There will be lots of talk about steamrollers and nickels.

Yes. If you're the operator, your timing will always be immaculate. Brilliant chart.

I am not really knowledgeable, but I bought some already having had a look at the last 40 years palladium prices. I think the car disaster is largely priced in already. However, it is a highly speculative play. So, I have very little and will stay a small part of my portfolio.

:lol: What would your wife and the kids say?