alexreeve

Great for a spreadbet long though. Makes money on the rise in dollar price, but you can still buy more or less the same amount of gold with the proceeds. Every cloud...

Looks like a post pm fix surge again...

Perhaps that is why London is setting up it's own forwards clearing service?

Was Marc Faber aware of this? Is this why he's been claiming India's Central bank is the only one that knows what it's doing? It seemed an odd thing to say without giving any supporting logic.

Hardly. It's the same every single day without fail: "Dollar up massively tomorrow, everything else down."

It's different this time is the mantra of the bubble, isn't it?

Why is this not the case for all asset bubbles?

http://www.bloomberg.com/apps/news?pid=206...id=a3w9OGzFRe3Y Really gold positive article for Bloomberg, although Jon Nadler remains consistent.

This bubble is forming nicely. I'll just run down and grab myself a 12.5 kg bar.

Obviously doesn't pay for his food or any taxes. Is he an MP by any chance?

Eerie quiet, considering all time records breaking. Not only no rockets, but hardly anyone even posting. Maybe too many people hoping for "the pullback"?

I know he claims to have called it and made a mint, but seriously, how badly did he get burned in the 1980 bubble?

It's lost 50% and the option of swapping it for anything else. And an inflation rate of around 20%. Not a bad investment really. http://en.wikipedia.org/wiki/2008%E2%80%93...inancial_crisis

Puru Saxena is wildly bullish again http://news.goldseek.com/GoldSeek/1254982140.php

Analysis pieces on the premier national news network plumbs new depths. DOES THE PRICE OF GOLD REALLY MATTER?

lmao

Yep, gets better every day. Not because gold gets more shiny or ductile. Every day there's more bad news for taxes, and more government spending programmes, and more people looking for their share of existing spending programmes.

Big reaction to an unsupported story in a minor UK paper, don't you think?

only on the big run ups

Why are you surprised? That's just the deflation that's so plain to see.

Errm... http://en.wikipedia.org/wiki/Silver

Wasn't it you that asked for the new thread? http://www.greenenergyinvestors.com/index.php?showtopic=7874

Whoo, I think that's a new high!

http://money.cnn.com/2009/09/16/markets/gold/index.htm Maybe that'll have changed by tonight.

Not just gold, FTSE's gone straight down too. The jobs report? http://www.bloomberg.com/apps/news?pid=206...id=a6MO1rAhPYGA