marmite

Gold below 900 again briefly what do we think is instore this week ?? More chances below 900 maybe ?? FOMC tommorow ECB Thursday

Excellent video, thanks Can we subscribe to these videos ??

Watch out for thin markets tommorrow. London could whack gold in the morning

Jobs number 62,000 expected 50,000 but could have been 100,000 This could be a case of bad news spun into good news ( not as good as it could be ) If they are going to whack gold, they will do it now in time for the bank holiday weekend Down a tad now 941 - 942

Thanks romans holiday

Do you have a web link for the interview ??

Could it be quadruple witching Friday ?

Hi Errol, Where do you get your eagles from as goldline and ATS always seem to be out of them. I havnt bought anything from coininvest before, always been put off as they are not a BNTA member.

Sorry I wasn't clear. Perth Mint has nothing todo with this story. I was just thinking about all the negative stories regarding the Perth Mint and the paper markets in general not being backed by enough physical and the powers tobe targetting ( in this story ) a storage facility of privately owned physical. I cant see why such a high profile and agressive attack was taken on these Safe Deposit boxes. Yes if criminal activity was suspected by a few custoners, why couldnt a few agents just turn up at the offices and freeze said boxes ?? Why close the roads and have such heavy handed tactics and impound all boxes ??? Worrying times

Posted a few days ago...... A new article.... OMG !!!!!!!!!!!!!!!!! http://www.dailymail.co.uk/news/article-10...lice-raids.html Perth mint, Safe deposit boxes opened,mmmmmm Tin Foil hat

Gold and housing a match made in hell http://www.findanewhome.com/property-devel...gents/03687.fap I have seen their sales boards around and it does make me laugh. Maybe a new gold standard

Maybe he's talking about this http://www.news.com.au/story/0,23599,23819502-421,00.html Asian union could end Aussie dollar Discussed on GIM http://goldismoney.info/forums/showthread.php?t=271528

Heads up.......... Money Program / BBC next week about Gold investing. Is this a bad sign or just the start of the awakening ???

I read the article as ALL the boxes will be opened by the police. Its then up to you to phone them and claim your property back. In the process flagging yourself up on the system What if your assets and asset receipts are all in the box ??? How can you prove ownership ????? scary stuff Lots of people here and over at GIM have talked about this very problem.

Thanks mongoose. Story also here http://news.bbc.co.uk/1/hi/uk/7431919.stm

http://www.telegraph.co.uk/news/ukne...-and-guns.html This has been discussed many times here. Do you have a Safety Deposit box ??? You must be a terrorist / criminal

This is an interesting article http://news.bbc.co.uk/1/hi/business/7371795.stm Pawn shops thrive as credit tightens "If I buy gold, then I can use it as back-up if I need some money quickly," she says, putting the ring straight on her finger.

That nails it on the head. Its all about time scale. I think a 50 - 50 split between cash and PM works for me, until I get some signs of direction ( although i will probably change my mind in hour ) Thats why with PM = BUY and HOLD I only have to worry about the adding part.

Very good points. I will not be selling so my only concern is wether to add or accumilate cash. What has changed ??? The fed will not allow any banks to fail - Could be inflationary ?? The banks stop lending - deflationary Is the next step - banks call in loans - Deflationary - saves all the cash rich at the expense of J6P.

I havnt yet, but will certainly look into. Maybe for my bank holiday monday breakfast Im not so sure ( but I know this is the whole point of the wall of worry ) Inflation = Kills everybody rich or poor, We all loose apart from goldbugs. There is not enough gold around for the mega rich to even think about entering the market. Deflation = Kills the poor, but the cash rich can buy up everything for pennies on the pound The banks stop lennding to consumers - deflation Banks are destroyed ( aka Bear Stearns ) - deflation T-bills up, flight to cash - deflation I really dont know, im just spinning stuff round in my head today

This is a excellent read regarding the deflation or inflation arguement http://goldismoney.info/forums/showthread.php?t=249079 Both camps make some very good points and with this weeks fall in gold price its making me think twice before buying this dip. Bear Stearns dies, gold drops = Deflation / flight to t-bills ???? Bear Stearns dies, gold drops = Market manipulation / shake out weak hands??? Bear Stearns dies, gold drops = only covering margin calls / 1st quater reporting season ???? Not including house and pension, I am about 45% gold, 5% silver, 50% cash ( Sterling only, have been thinking about buying Euros but with the rates down to 1.22 where as last september could get 1.44 I think I have missed the boat for now) For the moment I think I will add to my cash and watch how things pan out. Anyone have any thoughts ???

I didnt know this From http://en.wikipedia.org/wiki/Nathaniel_Philip_Rothschild Nathaniel Philip Victor James Rothschild, born July 12, 1971, is a British financier who is Co-Chairman of Atticus Capital LLC, a 2004 Young Global Leader, and a member of the prominent Rothschild banking family of England. He is the youngest of four children and only son of Jacob Rothschild, 4th Baron Rothschild and Serena Mary Dunn, whose grandfather was the Canadian financier and industrialist, Sir James Dunn. He was educated at Eton and Wadham College, Oxford. He was a member of the Bullingdon Club as an under-graduate. Rothschild began his career in 1994 at Lazard Brothers Asset Management in London, before joining Gleacher Partners, the New York-based mergers and acquisitions (M&A) advisory firm founded by Eric Gleacher, former head of M&A at Morgan Stanley and Lehman Brothers. Rothschild is the co-chairman of Atticus Capital LLC, an international investment management firm established in 1995, that has offices in New York and London. He is also a director of RIT Capital Partners plc, and a director of The Rothschild Foundation. In 2006, he was appointed chairman of Trigranit, a Hungarian developer of which he is a major shareholder. Rothschild is a member of the Belfer Center's International Council at Harvard's John F. Kennedy School of Government and the International Advisory Council of the Brookings Institution. He is also a member of the International Advisory Board of the Barrick Gold Corporation. He was nominated as a "Young Global Leader" by the World Economic Forum in 2005

Then we are all owners of some very pretty paper weights There has been a lot of discussion on this and the general consensus seemed to be that there was just no media / mania faze. Yes in the past couple of week there has been some $1000 headlines, but thats to be expected. But no 80's style mania faze.

I hope this is the start of a long summer bear trap ( awareness stage )

Anyone got any thoughts on all the "shortage of physical" posts on a number of gold forums by our american cousins ? Is this dealers protecting themselves from high volatility ?? Did the same happen in 2006 ?? Or is it a sign of something else ?? apmex online service down http://www.apmex.com/ ASE production halted ?? http://goldismoney.info/forums/showthread.php?t=248793 List of dealers sold out ??? http://goldismoney.info/forums/showthread.php?t=248420