rgleeson

What were those average gold mining/production costs again?

Awwww, I was waiting to buy physical for less than it takes to dig it out the ground, but it seems it aint going to happen, at least not through the U.S mint. U.S. mint suspends gold coin sales http://www.gata.org/node/6489

What kind of position would it take to shift the gold/silver markets and make the BB cover shorts? If individuals can do/have done this, why don’t governments such as Iran, Russia, or even producers such as South Africa, countries that might not benefit from a strong dollar/weak PM? Are all CB across the world in cahoots, or perhaps there is no manipulation and just deleveraging and liquidated positions?

Another day watching "the man" clean out the long stops. But sod GATA, the only people benefiting there are the lawyers. I saw this, and it raises an interesting idea : http://www.safehaven.com/article-1385.htm "A market that becomes this thin on physical delivery becomes particularly vulnerable when parties such as the Hunt Brothers in the 1970's or Warren Buffett in 1997 demand substantial physical delivery, which can cause silver prices to skyrocket." Idea: Could someone not start a "Gold Bug" Hedge fund, leverage it way up (if that's still possible), and arm it with a single strategic plan to buy ETFs on a single day and demand physical delivery, i.e. unwind the gold carry trade. Perhaps if a hedge fund isn’t the right vehicle to do this then an organized internet mob could be used... It’s active action with an upside. Now there is a unique suggestion for your website DrBubb.

About 12 months ago, I remember reading a number of articles that predicted a sell off in gold alongside other commodities as we progressed further into to the down turn and demand plummeted. That might be happening here. But they also predicted that the monetary properties of gold would re assert, detach from commodities, and the price would take off once again. I still find this argument attractive, though I’m becoming less inclined to believe that we’ll see a gold bubble and blow-off. I just don’t see where the general public investment buyers are going to come from. The general deleveraging, paying down of debt, and lack of savings, leaves little scope for investment mania pumped into Gold. Another possibility is that, though I went all in on Gold 12 months ago, I might be the ‘public’, rather than the ‘smart investor’. In which case there is sharp learning curve ahead for me We need more contrarian debate on this thread. Group self re-enforcement is a seductive but dangerous thing. Perhaps we can entice ?..! to come over from HPC and lecture us on deflation...

http://www.marketoracle.co.uk/Article5593.html If gold is alway pushed down for Option Expiry Day(s) by the bullion banks, why not run with the big dogs - you can't loose shirly?

These plunges on New York open certainly look suspicious. But if they are statistically more likely as much analysis on the net suggests, why are traders not taking the opportunity profit on the pattern and bleed the fed dry. Why are we all not selling a 9pm EST and buying at 11 EST every day and generating one huge elongating spot price sine wave?

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