DoctorSolar

I sold enough to get my initial stake back once I got a triple. Wasn't perfect timing on that sale by any means. Just thought it would be the disciplined thing to do given the highly speculative nature of this stock. And its a nice feeling to be riding twice my initial stake for free. If it goes back below $2 I might be tempted to put that money back in. As you say they are at a very interesting stage of development with support from a mystery pharma and plenty government support/funding too.

Used to be able to pick up sterling silver medals and commemorative coins on eBay for spot or below no problem. But recently I have been getting significantly outbid. Could it be that either savvy members of the public are hoovering it up as an inflation hedge or the pros are doing it? Int he same vein.... Just spoke to a car dealer and he has sold 93 top of the range land rovers recently! And this is in a reasonably small outlet. He says the people buying are all quite wealthy but they all have the same story of wanting to buy now as they think/know the value of their sterling cash is being eroded rapidly. These folks want of of cash right now. Deflation in things priced in sterling? Forget it! Always makes me laugh that one. My newspaper keeps trying to tell me that we should all be awake at night worrying about deflation. They put up their subscription charges by 33% in the same issue! Ah well at least they have a sense of humor eh?

Based on this observation it would appear that a lot of gold is now in strong hands and will not budge till we see higher prices. Does anyone have any idea the quantity of gold the cash4gold outfits process in a given day/week/month?

These have all gone too. Pity we don't know how much they had in stock to get an idea of the demand out there.

New offer is on 1/10th oz gold coin from andorra.

All gone now. Good luck finding gold bullion in UK at a reasonable price above spot now. Even scrap 9 carat stuff is selling for its spot gold content.

Thanks Riggers. Stocks are finally being kind to me after the crushing 80-90% falls in some juniors in Oct-Nov 2008. Have you see denarii's tip on GCM Resources? They are flying too.

Fair enough, however, sometimes people just need to be told. This was one such occasion. If folks here had followed my path with this one they would have got their stake back plus a chunky profit and still have skin in the game and be riding a healthy position for free. As I have said many times on here, this is my lottery ticket stock. Either their cides work or they dont. Either we go to allallans target of $100 or we go to zero. So once you have successfully navigated this thing such that you are riding it for free just sit back and see where it takes you. If it goes to zero you still have your initial capital and hopefully a profit too. Sounds pretty good to me. Now if you are turning up looking to get in now after it has blasted off from 41 cents to $2 well it might be a shade more tricky to get yourself in to that position. And of course if bad results come out at the wrong time them you are sunk. That was always the "gamble" with this one.

Allallan was on the money a few months back with his $2 target. We hit $2 today. Some decent trades mean I am riding this one for free now. Pity this thread never really got much traction. I guess ihub and allallan are the best places to be for this one. I think we have now more than doubled since a certain someone from here took it upon himself to evangelise to those on investorshub that they were doomed to go to "investor hell". Well I for one by definition (having traded such that I am riding this for free) certainly will not be going to investor hell whatever that is. Instead I am ringing the cash register of my nano tech kachingo machine in to this astro blast of ultra strength. Should I drop a coin in to your pious collection bowl on my way out?

Interesting interview with Pierre Lassonde on King World News + 50% chance of gold touching 950 again but probability of anything lower than that tails off very rapidly + Gold to hit 1200 again this year + Gold price to ebb back and forth buffetted by deflationary and then inflationary forces for perhaps as much as 2-3 years (sadly no price range was given) + Gold mania blowoff top could start in 2-3 years and last for up to 6 years! + Many gold mining companies are under performing the metal as they haven't been able to increase their margins.

I saw that in the latest article from Richard Russell. The rest is well worth a read too: The Last Man Standing In other words don't muck about trying to get your gold position perfectly timed. Get a core position NOW and average in whatever else you feel necessary.

You are aware that the TV ads are asking you to sell your gold to these companies NOT them trying to sell it as an investment to you? When has there been a blow off top characterised by companies actively asking the general public to sell rather than buy?

I would say it was far more relevant to this thread than arrogant crowing about how well you have done with a company that has f&ck all to do with gold!

Hopefully this article will be of interest to you: The Descent of Money By Bill Bonner Note: scroll half way down the linked page to get to the article Conclusion...

Interesting discussion chaps but does anyone have any more input for the questions I posed originally?

Some small crumb of comfort for those who have sold to rent present in the above piece: Surely: Higher rates = lower house prices

House prices make a strong start to 2010 A few questions for y'all: Do folks still see a UK house price crash eclipsing that of the 1990s? Does Dr B still see UK house prices hitting an average of 100k? (i.e. a near 40%!! drop from here.) Or will QE and extended low rates put a bottom in nominal house prices. Please note nominal. Does sterling have to crash for this to happen?

Managed to find this list of securities they hold: http://www.stockhouse.com/blogs/ViewDetail...st.aspx?p=98721 Total Holdings* Securities % of Assets Centerra Gold Inc 9.70% Gammon Gold, Inc. 7.28% Alamos Gold Inc 7.03% Coeur d'Alene Mines Corp 6.93% Semafo Inc. 6.23% Seabridge Gold Inc 5.73% Detour Gold Corporation 5.44% Northgate Minerals Corp. 4.74% European Goldfields Ltd 4.57% Allied Nevada Gold Corp 4.52% Lake Shore Gold Corp 3.95% Golden Star Resources Ltd 3.82% Aurizon Mines Ltd. 3.53% NovaGold Resources Inc. 3.33% Great Basin Gold Ltd. 3.25% Fronteer Development Grp 3.00% Ventana Gold Corp 2.52% Tanzanian Royalty Explrtn 2.38% Kirkland Lake Gold Inc. 2.36% International Miner Corp 2.18% Guyana Goldfields Inc. 2.01% Dundee Prec Metals Inc. 1.58% Queenston Mining Inc. 1.46% US Gold Corp 1.19% Jinshan Gold Mines Inc 1.17% Cash 0.13% Total Holdings in Portfolio 26 *as of Jan 25, 2010

Anyone taken a look at the new Junior Gold ETF from the bank of montreal? Stewart Thomson mentions it in his latest 321gold article but I cant seem to find out too much about it beyond:

I've been adding to my core holding each time gold dips below 680GBP. A couple of recent articles suggest I may be in good company? Expect Gold to gain more than 30% this year - John Embry Sprott Gold – Lows Right Around the Corner Bob Hoye/Ross Clark

AllAllan has a new piece detailing what he thinks was behind the recent pop in share price to $1.20: NNVC - update Preliminary results look fantastic but NNVC really need to get results out from their various testing partners soon.

Again Mr Stewart has some words worth a listen: http://www.321gold.com/editorials/thomson_...n_s_011910.html

Geez I have no idea why folks listen to these aggressive gold bears (AGGOBEE). All caveated to hell so that no matter what happens they will be "right yet again". Once again Stewart Thomson sums it up in his own inimitable style. .

When things go quiet its usually a good signal to buy? 680ish GBP seems to be good support for now...

A list of 4 other patents that protect NNVC base technology can be found at: European Patent Office Down to a dollar now... looks like I was right to get out at 1.20... The mood on the investors hub message board is low/angry perhaps this is the time to buy back in?! Down on lowish volume..