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allyjcambo

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About allyjcambo

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    Tri-Centurion
  1. allyjcambo

    GOLD

    IRS, just out of interest don't suppose you've ever said to someone, 'I've never thought about that before, not sure I agree, but it's an interesting point and I can totally see where you're coming from" I mean seriously, i kind of agree with some of what you say in principle, but how do you interact with people on a day-to-day basis? Is it all 'ad hominems' and 'stawmen'
  2. allyjcambo

    UK House prices: News & Views

    Amen to that post. I agree 100%.
  3. allyjcambo

    GOLD

    RH, I go over and over this in my head. At any time gold can be confiscated/taxed into oblivion by a government. Even gold coins in one's possession. In essence, it's a safe haven as long as the rule of law holds true. But there's the point. If currencies break down then so does the rule of law. In which case, are you not better off holding cigarettes and guns and/or living on a distant farm? Maybe this is a long run consideration but events in Greece show me that holding some gold is irrelevant if there's blood on the street.
  4. allyjcambo

    GOLD

    Me too. I have never understood the hostility thrown his way. He is never anything other than courteous and generous with his time when I have asked for his opinion. Some of his posts recently on pragmatism vs. theory have been 1st class. It would be good to see Catflap back, but otherwise I think the site has returned to its good old self of late.
  5. allyjcambo

    GOLD

    Me too. I don't see these posts from GOM etc. as 'crack' - they're just unpleasant and add nothing.
  6. The same reason he left 24knews: deletion of thread(s).
  7. Yes they are. Not surprisingly it revolved around Swampy. So far as I could tell, he was misrepresenting Pixel and (whether delibrately or not) making him out to be inept and untruthful. Whatever. To be fair, I think Pixel is trying hard to create the kind of site he wants and why not. Swampy is clearly a bright guy but his ego is massive and wherever he seems to post the site inevitably ends up being about him. He shoud set his own place up rather than slating the sites of others. GOM I know you disagree with this, but I feel strongly that the site owner has every right to run his forum as he wants it. Clearly if he becomes trigger happy he will lose posters but equally inertia is no answer. It's a shame in one sense that a new site has had to come about, but I think it will work well. Both owners have a clear idea as to the kind of forum they want and so I expect there to be a lot less mud slinging going forward.
  8. allyjcambo

    GOLD

    http://www.telegraph.co.uk/finance/persona...-the-price.html Some 2010 prediction for the gold price. There are some differences at the margin, but the unanimous opinion is stay long. The following comment from the above link sums things up best: "The only way that gold can underperform is if the US and other developed economies recover in a conventional way by cutting spending and raising taxes while at the same time embarking on a period of stable economic growth. This would prompt a strong and sustained rally in the dollar as confidence in the US economy rose together with bond yields and interest rates. Given the significant challenges ahead, a muted and fragile recovery appears more likely. With the likelihood that the world will take several more years to heal the wounds inflicted by the credit crunch an alternative asset like gold will remain attractive in such an uncertain environment. The price of gold may have risen a long way recently but in real terms is still well below today’s real price high of $2300 achieved in 1980. It is over-bought and is likely to see a correction when the dollar has a technical rally. Beyond that, gold remains an attractive each way bet."
  9. allyjcambo

    GOLD

    GOM your entitled to your opinion of course, but I don't see GEI like that at all. There remains a good diversity of opinion on this forum both in terms of outlook and investment strategies.
  10. allyjcambo

    GOLD

    When you put it like that, I have no problem and indeed agree by and large. However it is the emphatic way in which he delivers his message that concerns me. He has no monopoly on the future and yet makes definitive calls about events coming to pass on or before certain dates. Perhaps 'shill' was too strong. Suffice to say for Sinclair and Dines I think there needs to be the following health warning: take with a large pinch of salt.
  11. allyjcambo

    GOLD

    Why not just ignore it, my precious little friend. I can't speak for Bubb, but to me his point is clear. Gold is not a one way bet and goes up and down like everything else. The bull market in gold is still very much on, but Jim Sinclair in my opinion is a shill. A bit like Jim Dines. You need to be careful with these guys. To me, that's the point of Bubb's posts: be vigilant.
  12. Agreed. If possible, Msparks can you dumb down your posts for thickies like me. A lot of your stuff tends to go completely over my head!
  13. allyjcambo

    GOLD

    Great post.
  14. Probably not the most popular comment (!), but this run in gold keeps reminding me of oil's ascent to $147 last year. And we all know what happened next I don't think it will come to that, what with Chinese demand and so forth, but I would not be surprised to see a nasty correction within the not too distant future.
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