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dietcolaaddict

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Everything posted by dietcolaaddict

  1. dietcolaaddict

    GOLD

    Thanks a lot for the info, marceau I can sleep a little easier tonight......
  2. dietcolaaddict

    GOLD

    From the BBC, a nice interactive graph of gold prices since 1971 with explanations of the major peaks and troughs. Worth a 5 minute look IMHO: http://news.bbc.co.uk/1/hi/business/7284184.stm Good for the price of gold - inflation - invasion - political problems / natural disasters that affect oil supply - credit crunches and banking instability Bad for the price of gold - gold sell offs by IMF or CBs SO MY QUESTION - where are we with IMF and its plan to sell off their gold reserve?????
  3. dietcolaaddict

    GOLD

    Agreed! Planet Earth gets three nights of good quality REM sleep, and then next week the psychological unfamiliarity of a four figure gold price has been overcome.
  4. dietcolaaddict

    GOLD

    London pm fix at 1003.50 ...that sounds good to say The futures bright, the futures orange yellowish metallic
  5. dietcolaaddict

    GOLD

    Yahoo UK also has $1000 a troy oz as a main news item on its webpage.... http://uk.news.yahoo.com/afp/20080313/tts-...rd-f7ef0f4.html
  6. dietcolaaddict

    GOLD

    ATS Bullion reporting london pm gold fix at $995.00 , not quite there yet........ http://www.atsbullion.com/Live-Charts-sp-5.html
  7. dietcolaaddict

    GOLD

    Wren, this is a very nice technique to guage the global public's thinking on gold. I have tried "buy gold", "sell gold" and "krugerrand", which may be more laymen's terms in terms of gold investment perhaps. http://www.google.com/trends?q=buy+gold%2C...=all&sort=0 "Buy gold" shows a gradual, but volatile, increase since 2004. "Sell gold" appears suddenly late 2005 and has had a consistent volume ever since. "Krugerrand" has shown a sudden rise in volume that has held since middle of 2007. Edit: comma in the wrong, place
  8. dietcolaaddict

    GOLD

    "A watched pot never boils"......$1000 here we come then I'm posting this from BBC Midland News about the public selling off jewellery. It highlights the trade in one jeweller in Dudley, an ordinary Midland town. Some interesting quotes and figures.. “Jeweller David Johnson has paid out £250,000 for gold in the last three weeks” “We have had queues for the last three weeks literally coming out of the door in the Dudley shop. We have bought a lot of gold” “I’ve sold some jewellery that was just lying in the drawer at home….. towards a holiday in Spain” Source: BBC Midlands "Gold rush as prices double" < http://www.bbc.co.uk/mediaselector/check/p...wm=1&nbwm=1 >
  9. dietcolaaddict

    GOLD

    Gold approaching $1000 makes the UK mainstream press twice today from what I can see (below). I expected more coverage. But in both cases, the UK press use the upcoming $1000 marker as a way of attacking PM Brown for selling UK’s gold kitty a few years ago on the cheap. No mention of gold as an investment opportunity. IMHO $1000 may unavoidably start the media attention phase of the idealized bubble psychology graph. But if newspapers use the $1000 mark as a means of commentating on the state of the economy, rather than touting precious metals as an investment opportunity, then perhaps gold/silver can stay clear of the public enthusiasm phase. As long as Joe Public see gold/silver as something exclusively to do with bullion dealers and governments, the public enthusiasm stage will not start IMHO. When there are articles in the main sections of papers telling the public how and where to buy, and giving case studies of successful investors (common with property investment for years) it’s a different matter. Brown’s gold sale ‘lost £4bn’ Daily Mail page 19 GORDON BROWN’S sale of more than half the country’s gold reserves at rock-bottom prices has cost every taxpayer £100, it was claimed last night. The controversial sales happened between 1999 and 2002, when Mr Brown was Chancellor. The price of bullion... Forget prudence, let’s go for a big bang in education The Herald page 15 GORDON Brown’s decision, when he was Chancellor, to sell more than half of Britain’s gold reserves was a calamitous misjudgment. The sale was not in itself irrational. The price of gold had been falling for nearly 20 years. What was catastrophic was...
  10. dietcolaaddict

    GOLD

    You can google to this forum, just put in "gold" and a few familiar usernames and up the url comes.
  11. dietcolaaddict

    GOLD

    Dear GoldThreadII members..... I’m another HPC convert. I’ve learned so much from the old thread (and enjoyed reading it), so I should start by saying thanks to everyone for the education and entertainment. I’m a hard working young brit who got interested in gold about a year ago as a non-paper means of saving money (for a deposit once the property market gets sensible). I now keep about 40% of my savings in gold, having raised the amount slowly. I’m not an expert on gold markets like some learned individuals on here but I understand the fundamentals. I do however have a job that puts me in touch with an excellent spectrum of ‘UK Joe Public’, be it rich or poor, educated or not. I shall try and contribute with any info on the sentiment of the UK public towards investing in gold. I believe the drivers of the market will change as ‘global Joe Public’ starts getting in on the action in the post $1000 media spotlight. At the moment, the UK population seem pretty oblivious IMHO, even amongst the business-minded, those with money to invest, and those that read the financial sections of the press. Diet Cola Addict
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