Mr Pipples

Vid over at FT - Time for the Midas Touch? http://www.ft.com/cms/93ece7c0-07af-11dd-a...mp;fromSearch=n

Check this quote from - Understanding Derivatives to Understand the Credit Crisis: http://www.marketoracle.co.uk/Article6890.html Comex needs taking down! Buying (into) 1000oz silver bars through Goldmoney looks like a massive bargain at the mo'.

Well, I'll say this for them, those popups are distracting me from Ker's charts a bit.

Gold Market Update: http://safehaven.com/article-11608.htm Silver Market Update: http://safehaven.com/article-11607.htm by Clive Maund

You can hold cash in euro, £, $ and can$ in GM - and transfer between for an exchange fee. Doubt if they'll add nz$ a/c for you.

Nicely put. Will Bailouts Risk Hyperinflation? http://www.cnbc.com/id/27159117

Now that is fit's with my vague, confused and inexperienced take on things. A jolly good read.

http://uk.youtube.com/watch?v=jEbNlzjTQ-M&...feature=related 1.56

Yep, works in goldgrams between any 2 GM a/c's. 1% fee when I did it. Not sure if this changes depending on amount - no info on this I could find. Can only shift gold in same vault like this - not silver. @400oz LBMA gold bars and @1000oz silver bars (see bar list)can be chosen then picked up from vaults or delivered (apparently delivery is expensive). Once you take delivery of a bar, it then leaves the chain of integrity and would need assaying (re-making) before it could enter the chain again - in effect, loosing value. VAT would be charged on silver, according to the country it's taken delivery of, in. Dig around here for info: http://support.goldmoney.com/category.php?id=5

Nothing clever, no. You'll always need a roof over your head and might not always need gold... If that makes any sense to you. A right bummer though, sorry.

From Jim's site:

A couple of pro-PM reads... Bailouts Will Soon Drive the Currency Markets: http://seekingalpha.com/article/99813-bail...urrency-markets The Bull Market Reset: http://seekingalpha.com/article/99858-the-bull-market-reset

You too? Careful, you might get sued for false representation with a name like yours.

Gulf central banks look to gold as uncertainty rises: http://www.gulfnews.com/business/Commodities/10250412.html

I'd go with Jim on this...

I've just sold what I had in BV and bought @same at GM. Sold at a fair bit above spot! Was going to buy silver as crazy price... but silver makes me shit my pants.

I hope what we are seeing here with silver is a final deleveraging.

Yep, that's the way I see it too. I do have a few coins though - just in case. Although I have a bit with Bullionvault, I reckon Goldmoney is a better bet. Although there's a fair argument for diversifying between the 2, I'll likely ditch Bullionvault soon...

I remember this bit of advice I got from cgnao a while back: I looked into this (taking delivery of actual gold from the Brinksmat vaults where your Goldmoney gold is kept. 1. you can only take delivery of full LBMA gold bars (@400oz) http://support.goldmoney.com/article.php?id=037 2. delivery is v. expensive. (eg, for one 1000oz silver bar = £1000+ I think so similar for gold I guess) 3. once you take delivery of an LBMA bar it would exit the 'chain of integrity' (http://support.goldmoney.com/article.php?id=033) and therefore loose value, in terms of the established bullion industry trade. Not sure how the integrity lark would apply to smaller bars but I guess the more you've got the more of an issue it might be. (1 Kilogram = 35.27396 Ounces) Coins have an obvious advantage here in that they are harder to fake. (Saying that, maybe all you need to do to verify purity of gold bars is a density check?) Of course, if things get so bad that 'the man' is stealing everyone's gold from everywhere and/or somehow the established bullion trade system no longer hold precedence, then this might still make sense - if you are fortunate enough to have that LBMA bars worth of gold. But, there is the glaring problem of where to safely store large amounts of gold without crazy/expensive security. (A secure vault in customs 'no-mans-land' at an airport was recommended as the most 'hidden' place available in terms of high security commercial storage.)

Cheers, Ker - lets hope so. Thought, sod it, a few hours back and bought a good few maples anyway! Come on silver, trot on! EDIT: Tell you what, seems the UK and Asian markets like their silver some - but not America - from how things seem to trade. Ohhh well, we'll see.

I wish someone would put a rocket up silvers ass! (Excuse my crassness)

Busted.

Come on silver, you arse!

Yes, naughty PM's might be in for a spanking...