FWIW

Maybe they are minting some other type of coins (Amero?!) to meet future demand for the new coins?.... Does anyone else find it odd that there are no buffalos or eagles around?

I have got a similar view to Ker from my pnf chart. If we break through 750, then we should go to 795 and if we are lucky then past that to 820. With all the uncertainty regarding US elections, etc, I think Gold will bounce around the 735 to 750 levels in the short term.

Anyone got a picture of a mini-rocket? Looking good from where I am! But still on sidelines!

We will all soon find out if it goes to $1650 minimum... Then we can all pile in! Who needs to do TA - let's just follow this guy!

Actually I am very worried after watching this: http://www.pbs.org/newshour/bb/business/ju...lman_10-21.html http://www.pbs.org/newshour/video/module.h...02008&seg=5 I do think we have more pain to come our way... My plan for the moment is to stay out of GoldMoney for the short term... Keep any eye out for any physical gold on sale from distressed sellers... Pray...

Another good article: http://www.moneyandmarkets.com/important-c...r-outlook-27711 Quote I like: This is why … We have been recommending that this is a time for several important steps: 1. It’s a time to lay low. Invest much more selectively. Take less risk. 2. It’s a time to build cash. If we’re right about deflation, cash will buy you great bargains as soon as the deflationary forces have exhausted themselves. 3. It’s a time for income — ideally steady, recession-proof income. 4. It’s a time to hedge. To the degree that you continue to hold special situations that we feel will buck the trend, hedge against the downside risk in this new environment with investments that are designed to go up while these markets are falling. 5. It’s a time to look forward to the next major bargain-hunting opportunities. The more markets decline now, the better the bargains will be. 6. It’s also a time to be patient. Don’t expect the declines to be over in a day or a week or even a month. It could be several months or more. One word of warning: When we do hit bottom, buying will require courage. Once we get down there, the negative commentary about the U.S. economy, gold and oil, India and Brazil, mining and agriculture … will be deafening; and the negative sentiment, downright depressing. To get to the other side and take full advantage of the new opportunities, you will need to walk calmly and resolutely across the aftermath of that bloody battlefield.

Great article here: http://www.moneyweek.com/investments/why-t...Money%2BMorning Quote I like: The flaw with paper money is, it's portable, durable, homogeneous, and divisible... but it's not valuable. It's only paper. So there's always a temptation to print money out of thin air. And that's what always happens. Paper-money systems always end up collapsing. That's what's happening now. We're coming to the end of the largest paper-money experiment the world has ever seen. It may take a few years, but when it ends, whoever is in charge will implement a gold standard. Gold is the perfect foundation of a currency system. It's the only material we have that meets all five essential characteristics of money. It's the only available alternative.

On a more serious note, 680/685 are putting up a fight....

Don't say that...I read my horoscope everyday and Mystic Meg does know the future!!! I think...

Great article here: http://www.theinternationalforecaster.com/...tion_Juggernaut Quote I like: Well, how 'bout that high-flyin' dollar? You might even believe that it was still the world's reserve currency, which it still is, in a de facto sort of way, given that all the other world fiat currencies are in even worse shape, aside from the Swiss franc. You are probably wondering what has propelled it to the 85 mark on the USDX? Many factors are involved, all the direct result of manipulation by the PPT and the cartel. But the irony is that the upward swing in the dollar is actually not the new beginning for a bull market rally in the dollar, but rather, this new push upward portends that the dollar is now singing its swan song. Most, if not all, of the events that are driving up the dollar are going to eventually take down our financial system, along with the entire world economy, and the dollar will go down with them, along with all other non-gold-backed currencies, with the exception possibly of the Swiss franc. Gold and silver will be headed for the Fifth Dimension when that happens.

Great post Andrew - my gold and silver is still there in my safe exactly as I left them - they care not how many peices of paper someone thinks they are worth. They are my insurance policy when our Govt goes to the IMF for another handout... When gold/silver goes down further, I will be moving into gold money and gambling with my fiat there. If I do well, then I will get it in physical form. Goldbugs - please do not think i have turned to dark side and start hating me. Hate the game, not the player...

Good article here: http://www.marketwatch.com/news/story/gold...&dist=msr_6 Quote: "Investors worldwide are selling everything, including the kitchen sink, and gold is no exception," said Peter Grandich, chief commentator at Agoracom, an online marketplace for the small-cap investment community.

The momentum is against us...but I think we could be coming to a point where we see it has gone too far down.

Looks like she is still going down... I am looking at support levels at 700, 685 and 680... If any consolation, by getting to 680 level then that would be the greatest number of down days (height of o's) on my pnf chart. Hopefully, after a few sideway days she will be like an elastic band it will shoot back up again! Good luck all.

Candy floss money: http://www.ft.com/cms/s/0/d2a9e446-9f75-11...0077b07658.html Quote: Gillian Tett of the FT coined the phrase “candy floss money”. Financial technology spun available “real” money into an exaggerated bubble that, like its fairground equivalent, collapses ultimately. The emerging market reserves system is another dimension of this candy floss money. The perceived abundance of liquidity was, in reality, merely an illusion created by high levels of debt and leverage as well as the structure of global capital flows. As the financial system de-leverages, it is becoming clear, unsurprisingly, that available capital is more limited than previously estimated. Cash is still king!

When you own the USD fiat money pump (aka Head Office), you get special treatment from the branch offices... 1 - Borrowed money in JPY, 2 - Bought stuff priced in USD (aka reserve currency), 3 - Repeat 1 & 2 while feeling lucky, 4 - luck runs out, now selling everything in USD...USD getting stronger...everything else getting weaker...everybody will be poorer... Ohh - fogot to say not EVERYBODY will be poorer - those with connections to families that have their hand on the fiat money pump will be ok... so 99% of us without silver spoons in our mouths are f**ed... sorry - don't know what else to say...

I am staying out for the moment....I have my physical, and I am only watching this as I have some money to gamble with in gold money account... We are in a wealth destruction phase, and those that can hold on will be fine...

OK - she did not hold 740...now at 735.35. Looks like a lot of people used borrowed funds to buy gold... This is painful to watch but she will continue down...

Looks like we will not be going to sleep tonight... Need to stay awake especially at 10,11 and 12 tonight! If 740 does not hold - I will need a change of pants (at least until retest at 715)....

More Roubini here: The Unfolding Financial Crisis A look at the unfolding financial crisis, with Nouriel Roubini, of RGEMonitor.com, and Jack Rivkin, former CIO of Neuberger Berman http://www.cnbc.com/id/15840232?video=899492216

Hello Frizers - nice to see your mw email this morning. I had a smile on my face when you also said 740!!! I think everyone here will have their fingers on the triggers!!!

Thank god we got rid of all those dodgy pictures....

I'd read that thread! seconded!

No Sara is a real person! Hi Sara!!! Unfortunate about the delay, but what can you do? Just think of them being securely stored for you...they will turn up eventually. If you want some immediate gratification give ATS a bell and see what they have in stock for collection and the price. It might make you feel better...

All sailors shoud check the weather forecast before going out to sea....I do the same with gold charts, when I invest... And just like weather men, the chartists can be wrong...