carbon junkie

It's like a rerun, but this time the game is far more deadly. US is doing all it can to break the Yuan Dollar peg devaluing the dollar brings a tidal wave of inflation to Asia (if they continue the peg!). The pop will be the end of the pegs hyper for the West deflation for Asia. In the meantime Japan is about to pick up the bill for the last twenty years. Lots of fun to come!!

Aahh, now you are beginning to think straight. Dollar index is a paper index not much use anymore for predicting gold over an extended time period.

Another dissapointing afternoon for the paper bugs

Exciting start in US Novagold down nearly 9% on opening - but you gotta be quick with these bargains now only down 5% but still higher than last week. PM stocks seem quite resilient for anyone hoping for a bargain. Love it!

OK gold price in context! currently $1139/oz week 50 That is still roughly a gain of 10% from week 45 even taking in to account the last couple of horror days LOL! If Gold were to fall by another 10% or so it would still be back where it was some two months ago. Seems like a good investment to me. Dose anyone know of any bull markets that have never had a correction.? I must confess I don't. The facts clearly favour the bulls at this stage so the paper lovers should be a little more humble at this stage (one swallow does not a summer make).

Mods can you move this post as I think it really should have been posted on the "I love papaer thread". I can't believe for one moment that they would have meant to post this on a gold thread. Ta in anticipation!!

Wishfull thinking. Do you have any stats to back up what % of total hedge fund investments are in gold? or what % of gold is held by hedge funds? I presume you would know this info. Do hedge funds not hedge their positions anymore? It is to the benefit of the Fed to have a higher gold price. Anyway nice to see you back. LOL

No offence but that's a load of patronising waffle. Especially as history says you are just plain wrong.

Yup, he is the captain of the good ship miss-timing. He also sulks really badly and dissapears when things aren't going his way and as soon as it is going his way he is backing crowing like a rather obnoxious so and so. Not the style of a gentleman.

Aah PPT conspiracy, they want to drive down the price of gold so the Chindians can buy it cheap?

LOL Gold backed credit. Just like the old days.

They want a strong Dollar now do they? Why?

Yes, even when you are climbing up a mountain there are times when you have to descend for a while. The trend is your friend.

buying and holding (for the long term) on the dips - happy days. No clawing the ceilings more like an early christmas present. I am dissapointed it hasn't fallen further up or down in the short term is of little consequence it's just noise.

Gold now $1146. STILL HIGHER THAN THE START OF LAST WEEK!! Hardly a reason to be clawing the sky. Move along nothing to see here!!! Wake me up when something out of the ordinary happens.

What happened in Zimbabwe? I thought they used gold for grocery purchases. It's the most recent currency collapse and the behaviour was different and it never went Mad Max. I think you may be wrong on this.

Hi all this is my first post - long time lurker. I decided last weekend to have a look at ebay to see what was selling I personally think it may be a great place to see any hyperinflation in action its very liquid. Went through many sectors and almost nothing was selling until I got to the antique silver section - hallmarked georgian vistorian stuff to my amazement nearly everything and I mean nearly everything was selling many bids on each items this is true for both UK AND US. Does anyone here have any experince in antique silver for example where is the demand coming from? I think it may be a way to buy silver without paying VAT. Is there or will there be a demand in the future for UK hallmarked antique silver (the standard of craftmanship for these items is very high and a modern version would cost a fortune) in India and China in the future? Anyone have any thoughts it would be greatly appreciated.