FWIW

BRILLIANT!!!!!!!!

Have a lager drink on me! :cheers:

Just in case you guys missed any of CGNAO's posts!

1Kg Gold Bar back in stock...

http://www.coininvestdirect.com/main.php?a...;country_id=225

If only I had the money...

SSC?

Skyscrapercity - some cretin accused me on that forum of using multiple personalties...tried to get me banned...because i used 3 full stops...like others here...

You don't mean - quantative easing has begun?

 

PS. Stop putting 3 fullstops after your sentences. They'll think we're the same person and for your sake, I hope that doesn't happen...

You from SSC too...???

The majority of Forex brokers have XAU/USD as a currency pair but not XAU/GBP. There are other sites where you can get XAU/GBP charts but they are hard to add the analysis lines, etc, so if you want to chart XAU/GBP you often have to make your own.

Or go to BullionVault...

Here's one I made earlier:

Just when you think the level of debate has reached an all time low, something comes along and drags it that little bit lower!

Just thought I'd bring in some humour...

Agree that all points of view be allowed on this forum, but you can't really expect a gold investment thread to say buy USD with your GBP?

Hence the reason I think you have a very apt name!

OK party people...didn't think silver would go below 9 before. I was wrong.

Seems to be a pattern emerging here:

Will look to get in at 7.5 or 6.5. Staying away from all this paper volatility and preserving cash...

Wrongmove - good name!

Whew! That's a bit overwhelming...

 

He mentions gold being valued at $10k as a minimum, but if there are $10 to one new dollar, what's been achieved?

 

My head's spinning. Can someone translate this article a little bit for the thick ones at the back?

Was gonna try and answer your question but ended up with this instead!

Problem 1 - Politicians and ruling 'elite' love fiat....

Problem 2 - Fiat leads to debt based society....

Problem 3 - Politicians and ruling 'elite' love power....

Problem 4 - Resources are all East...

Problem 5 - East don't want to be poor anymore...

Problem 6 - USD will eventually be toast...(I know this hard to believe at this point in time esp when compared to £)

Problem 7 - China and India have mountains of USD looking to go somehwere...

Problem 8 - Sheeple are waking up (and I count myself as a sheeple!) and are angry...

Solution - Redistribute 'elite power' from west to east by making Japan, China and India 'regional head offices' in this game of fiat in exchange for their money. This will allow the 'elite' to preserve what they have. IMF will be the new master head office where all 'good' politicians will end up. For a while the IMF will link to gold, and then as per tradition fiat will again be fiat...

Leverage - West have nuclear weapons and will use them again (on Iran?) if solution is not accepted.

READ THIS!

http://www.moneyandmarkets.com/the-g-20s-s...-solution-27996

WOW!!

Now if only they would stop using the $ and instead use a basket of 'strong' currencies to price gold in...

Apologies if this has been already posted:

View of the Day: Gold prices poised for gains

By Leon Esterhuizen

Published: November 11 2008 17:10 | Last updated: November 11 2008 17:10

The current financial crisis has delivered the perfect conditions for the price of gold to rise over the next year or two, believes Leon Esterhuizen, equity analyst at RBC Capital Markets.

He points out that, historically, banking crises have tended to be hugely deflationary, as interest rates are cut aggressively and for extended periods.

”We expect the Federal Reserve to ease further in order to turn market sentiment away from pricing in low or no growth, which would be reflected in a low long bond yield.”

Ultimately, this would be likely to lead to dollar weakness - which is beneficial to US exports but heightens the risk of steep inflation, Mr Esterhuizen says.

”If economic growth rapidly rebounds, the gamble will have paid off. If not, be prepared for an even bigger collapse in a year or two from now. Given current conditions, the US has little option but to take that bet.”

He adds that Europe will converge with the US in terms of cutting rates, strengthening the case for an extended period of rock-bottom real rates.

Finally, oil could play a key role, as recent efforts by producers to reduce output might leave crude prices higher than many expect.

”If this is the case, inflation will most certainly be rising in an environment where rates are being cut. This is gold price heaven – declining real rates or even negative real rates will drive the gold price much higher.”

Copyright The Financial Times Limited 2008

POG has been going sideways for far too long. Silver on my pnf chart getting squeezed at 9.5 to 10 level. I feel that the fundamentals are bad(well actually very bad), so I think silver will like gold move down.

Again, I am staying out of this carnage and am especially waiting for 15th nov...son of bretton woods...

From http://www.hindu.com/thehindu/holnus/015200811091201.htm

Right time now to invest in gold, say experts

Chennai (PTI): Even as Prime Minister Manmohan Singh has assured that the top priority of his government is saving investor's confidence in the wake of the weak performance of the stock market, experts say it is the right time now to bet on gold when it comes to investment.

"Many investors lost heavily on the equities and it also seems to be a threat in the real estate market. Now it is high time for people to invest in gold, which is the best return on investment option," World Gold Council Vice-President K Shivaram said.

Gold is considered a liquid asset and investing in that would be wise because its value always increases with time, he added.

India is the largest importer and consumer of gold in the world. Indian gold consumption is between 700-800 tonnes a year, which is 25 per cent of world consumption.

South India constitutes about 40 to 50 per cent of the country's total consumption.

Just the one? Can't fit any more in the truck?

 

First google hit for "silver vat rate" is GEI! It's something to do with quotas, German tax rates and possibly a typo I think

http://www.greenenergyinvestors.com/index....3520&st=340

 

and another one

http://www.greenenergyinvestors.com/index....amp;#entry45094

Yes, only ordered one as I am not greedy...my personal vault is already full of silver and some gold. I also need to keep a little space free for some platinum i plan to buy!

Anyone on here point me to the right thread regarding platinum?

Some of my fellow Silver & Gold buddies may like to look at this:

http://www.coininvestdirect.com/main.php?a=11&id=281

My one is on its way to me!

Using my pnf charts I think we will bounce between 720 and then go up to 760...

If we break support at 720 then could go down to retest 685..personally I would like to see this as me, my mum and grandma will all be back into gold in a very big way...

http://stockcharts.com/def/servlet/SC.pnf?c=%24gold,P

With all respect to cg, market timing doesn't seem to be his strong point. I am still "watching silver", which was supposed to 'explode' from the $18ish it was when that thread was started. It has virtually halved since then, in dollar terms.

Well I was invited late to the party....

Now I am here, I think the party has just started...could be wrong, but so what? I feel better now that I have a stash of cash, some silver, some gold, some food, less debt, and hopefully some new friends, etc.

I like to think that in some way I was responsible for the silent run on all the banks that happened a few weeks ago...am i to blame? No way,I just spent my hard earned money to help the wider economy...

are Krugerrands at £480 for a 1oz coin, at yesterdays spot price, a good buy ?

 

I think so, but can't work out why my local jeweller would be happy with this amount. I am presuming because he thinks gold is at the top right now and he probably bought a few years ago. I asked him straight about the pog & the impression he gave was that he feels it will crash. Lot's of 1970's references.

I would say yes..a good buy..CID selleing them at £565.11 at the moment. I heard kruggers were hard to come by...

Regarding the POG, do you really want to bet against CGNAO? Meeting on Nov 15th should be a chance for all players to see the governments hand...

Nice chart!

I am optimistic we will see 15...just a matter of when!

New mall opened in Dubai...bigger, better, etc....

Has an area we could all meet up though:

Does anyone here believe this:

``Investors should sell into rallies and only accumulate at $675, $640, $580, and $540 if those targets are reached,''

I can see us getting to 675, but anything below that is unthinkable for me.

Can we discuss this a bit more?

Good article here: http://www.moneyweek.com/investments/stock...Money%2BMorning

Quote I like:

Jack believes this trend of a higher US dollar and lower gold prices will continue for longer than anyone thinks.

While the Great Deleveraging continues, I believe Jack will be right about the dollar. And I believe that, once the Great Deleveraging is over, the Great Inflation will come. Gold should soar then. So I'm not selling my gold just yet.

Yeah, pro constitution anarchists

 

It's quite funny reading really. And shows what the common world view is like.

I actually admire these guys...they are following in their founding forefather's footsteps...they are the ones keeping it real.

This whole constitution thing must be a real pain in the asre for the ruling elite...When they go to the Amero, you can guarantee that there will be a new constitution that will be in their fiat favour.

I need some rockets!!!!!