Schaublin

Yes, this engineered event may well be the last chance to acquire physical at these prices. Interesting to know who is buying from the weak hands. There may be too many of 'them' lining up to buy which will prevent the price falling as far as was planned.

Very good

Just caught 5 minutes on the World Service about gold on their business programme . Usual talking heads saying it's a bubble yada yada but slightly better overall balance than usual. One thing that did occur to me was that some buyers at the moment believe they are riding a bubble - while others believe that the fundamentals of a fiat system in its end days make gold an excellent store of wealth. Being in wine, I cannot at the moment come to any conclusions about these strange bedfellows who are doing the same thing for different reasons.

Yes, this is interesting. I have recently been thinking that the 'leakage' into the controlled media of people like Max Keiser, Gerald Celente, peter Schiff et al is starting to look like a real threat to the status quo. I believe we are now entering a dangerous time when the people that control the system will start to resort to direct intimidation and violence against any threat to their power. The 'money illusion' cannot be allowed to fail and I worry about the safety of people like Keiser.

RH, you have presented yourself in a poor light by writing this. The pointless arguments about linear/log display about information appear to be a smokescreen to prevent due credit to Pixel8er. I would guess that most here have seen this. It does you no credit.

Are you sure you don't mean Roman's Bermuda Triangle?

I think you have written of the dollar quite a bit - especially how much you like em and how you swapped your silver for em! Ok, I know that was a typo but even so, Warpig does have a valid point about repetition brainwashing - thing is though, I still, after all this time on GEI, do not know your real position.

Log vs linear is simple enough to grasp and only needs mentioning occasionally for the benefit of newbies. You do seem to be making an inordinately long meal of it.

Why despair about something that doesn't exist (the political left vs right illusion)? If you do not agree with free markets and are pro government - and do not believe that the currency will be debased to nothing, why own gold at all? Regarding Pixel8er, He put his judgment on gold on record several years ago and all the regulars here know he has been remarkably accurate.

I listened to it. Interesting that the Chinese and other Eastern countries are buying German technology - and some Germans are saving their wealth in gold. Their 'produce and save' (in a proper store of wealth) mentality is being criticised by the feckless spend and borrow and produce nothing nations!

I saw that listing and thought it a bit odd - as you say, why not get get it assayed. ebay eh!

I think something more reliable is needed for this run. The most used and reliable launch vehicle in the history of spaceflight. By the dawn of the 21st century, more than 1,600 Soyuz rockets of various kinds had been launched with an unparalled success rate of 97.5% for production models. The two-stage Soyuz that presently transports cosmonauts and astronauts to the International Space Station http://www.daviddarling.info/encyclopedia/...ch_vehicle.html

I think CGNAO's advice about throwing away your crystal balls charts is worth listening to.

Some thing's up - $30 dead ahead. I like to read about JP Morgan shorts being taken out on stretchers

Doubt he has gold - such people are so convinced of their own superiority and the rightness of the system that they would not dream of joining the 'cranks' with gold

I am strapped-in but the engines' vibrations scare me.

Unfortunately, we seem to have lost RB as a reliable contra indicator. Realistbear: I find it increasingly difficult to try to predict anything. http://www.housepricecrash.co.uk/forum/ind...howtopic=154090 Glad that RB finally realises that he does not understand anything but peeved that we have lost a top rated 'top caller'

I was mulling over why it is that so many people, some obviously intelligent, try to create complicated models to explain why QE , massive debt and de-industrialisation of the West is not a problem and how this complicated economy can be tweaked and tinkered with and it will all come right. Perhaps the reason people try to create these models is simply an unwillingness/inability to admit that 500 years of Western hegemony is ending.

Worth a look back to 2007 on HPC gold thread. http://www.housepricecrash.co.uk/forum/ind...=43821&st=0 Someone called Domo wrote: agree completly, all assets ahve been boosted by a tide of liquidity, and yes gold is bought with leveredge too as are other assets. the inflation of the last 25 years has been a credit inflation, the creation of promises to pay money, not the money itself. When confidence in the economy collapses so do the promises ie>debt ie>money supply. When deflation of the huge credit/debt superstructure will cause huge deflation. Only safe cash will go up in value. Why cannot people grasp the simple fact that when a debt cannot be re payed, the holders of the debt (savers) are left holding rapidly depreciating promissory notes - eventually worth nothing. Water will not run uphill and fiat currencies do not appreciate in purchasing power when the issuer can and will print.

Ker up to his old tricks. I wonder how many people are sucked-in to the mumbo-jumbo of extrapolating the future from looking at charts. It reminds me of the old con of subscribing to a service which sends you the name of a winning horse with the proviso that you will pay them a fee only if their prediction is correct. The names of different horses are sent to different people on the list ensuring that there are always some happy punters convinced that the service has 'inside information'!

Silver now at 15 GBP - and a one ounce Libertad will set you back 21 GBP from CoininvestDirect. Still ridiculously cheap and there for the taking for the moment...

I agree with you on this - pictures of angels with magnets pulling the gold price up (notwithstanding the fact that gold is not attracted to magnets) is so err odd and kitsch that on the odd occasion I do check his site , I worry. A quick recap of public and private debt in the West, soon puts me back on track.

All aboard that's coming aboard.

I looked back but cannot see Jake having answered this question. I admire the writings of FOFOA - especially his use of language to explain difficult concepts and have learned a great deal. However, this last part about a paper price of 200 USD or any other price for that matter when no physical is available is something I just cannot understand. When no physical is available for fiat currencies, how can any price be generated as there will be no value at all in paper claims and their price will be zero.

No doubt I have but you have not addressed the question I asked.