creditcrunch
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Posts posted by creditcrunch
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Look at gold go for it today.Wish I had a bit more fiat to exchange in the past weeks.
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More main stream media attention.
http://www.telegraph.co.uk/finance/comment...to-economy.html
Gold is a certainty and king of stability---apparently
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BBC London evening news....
CASH FOR GOLD - Dont sell your gold to these dodgy CASHYOURGOLD type companies.
Entering mainstream....
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Day after day gold just keeps breaking out... WOW.
http://www.taxfreegold.co.uk/goldpriceslive.html
Sooooo glad i have gold.
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MSM now openly talking about gold being used to replace dollar, at least temporarily.
Gold could be used as a temporary replacement for the dollar, Independent claimshttp://www.guardian.co.uk/business/2009/oc...reat-to-america
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Just heard a professor on R5Live say that the finder will likely get 50 per cent of the Treasure Trove price, which he said would likely be a 7 figure sum!
Gold at 998.80, the cabal are determined to keep it under 1000 for the muppets on CNBC et al...
My fault. I went to buy another ounce of gold today. -
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"It was expected that there would be a renewal, but the renewal itself took some insecurity out of the market," he said, adding: "It wasn't expected that they would reduce the selling volume by 100 tonnes a year."
http://uk.reuters.com/article/idUKTRE57932Z20090810
There is a gold shortage. -
Nothing to worry about - it's that well documented twilight zone. Regular clockwork drop as soon as newyork opens.
There were some nice charts and overlays on this a while back, where are they?
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This is just another one of those low moments that makes me doubt my stash, but from experience... I have had this feeling a few times
only to see gold price rocket. Perhaps I should buy a few more ounces while at this price.
Deep down, I can feel gold is a very good choice, at least for my surplus cash, but I get a bit sea sick riding these volatile waves.
I just found out a friend sold part of his precious, he was gold bug/hoarder... bigger gold bug than I and he started buying in bulk back when gold was dirt cheap... a long time ago, although back then I had no spare cash to dip my toe in the pool. His gains are huger than I thought, and I don't blame him for selling some, he is able to buy a very nice property mortgage free now. Without gold, he would not have made such a gain! Blimey. I guess part of the reason he is selling, is because he is afraid of gold price peaking right now.
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makes one wonder if we have learned anything over the last two years, doesn't it?
As society, the business leaders out there doing this right now - probably nothing moral learnt, only that its a great way to make short term risky money.
On a personal level, I will only buy un-leveraged gold.
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I'm in New York at the moment and while having breakfast saw an advert for gold...
This gold dealer, was advertising gold coins and said they now take a 25% deposit on any purchase of gold!!!
Now, that is clearly the route to mortagage type fueled bubble... As people get blind to the bubble, I can see that as long as
they have this hope of muliplying their cash for a 25% deposit, even fractional coins will rocket in price.
!!!WOW
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Flooding the world with $ - Inflation to follow .
http://www.telegraph.co.uk/finance/finance...ive-easing.html
BBC wakes up to the wizard of oz... and the exposure of the dollar as fraud.
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I thought the subtext of the piece was that gold had already gone up to crazy levels.
Yes, which is the reason why they are re-opening the gold mines.
I'm left wondering why put a lot of effort re-opening gold mines if these crazy levels
aren't sustainable or going up?
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I saw it too
I'm in the uncomfortable position of agreeing with the BBC!
I'll take this as a clear signal of the intention of inflating a new bubble, gold.
I am encouraged to step up the rate of acquiring more ounces.
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Get used to it, because it could go on for a decade or so until the bull is over. Just look at property.
Good lord!! Did anyone else SEE THIS?!
News at 10 tonight, clearest signal of gold ramping if ever i saw one. i am in no doubt news is orgastrated.
2 news stories, 1) Negative equity family, feelin porer and more house prices to crash.
2) Mini documentary on gold in southafrica, as gold can only go up.
BBC! Now i am worried. I think I should sell.
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http://www.telegraph.co.uk/finance/persona...o-buy-gold.html
Twenty of 30 traders, investors and analysts surveyed from Tokyo to Chicago on March 12 and March 13 advised buying gold...“In the past, people saw gold as a relic of the [old times],” says Aram Shishmanian, the chief executive of the World Gold Council in London. “Now, they are rediscovering it as a means to preserve wealth.” ....
The top five global holders of gold are the US, Germany, the IMF, France and Italy.
More main stream gold ramping.
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There is some talk that the IMF are in URGENT need of resources, and also that they plan to print dollars. To be talked about the G20...
Do we stock up on extra gold before the meeting? It sounds like they are going to spook the worlds savers. -
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More main stream media attention, telling the public how to buy gold and why they should do it now that QE is in place.
http://www.telegraph.co.uk/finance/persona...-gold-bars.html
Look at gold go for it today.
Do we stock up on extra gold before the meeting? It sounds like they are going to spook the worlds savers.
GOLD
in Gold, FX, Stocks / Diaries & Blogs
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