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allyjcambo

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  1. 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. 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.
  3. 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.
  4. Me too. I don't see these posts from GOM etc. as 'crack' - they're just unpleasant and add nothing.
  5. 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."
  6. 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.
  7. 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.
  8. 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.
  9. Just popped onto the site and can't see where I can buy silver. Any ideas Wanderer?
  10. Pixel8r, do you have an intermediate (i.e. next few months) target for silver? Thanks
  11. Agreed, I need to get more moved out of GBP.
  12. Indeed he does! I still think he has a lot to offer, but his propensity to rewrite history (in terms of his predictions) concerns me. He was spectacularly right last year but of cource past performance is not a guide to future returns etc....
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