FWIW

We've got another 10 years of this....

I was referring to that and a few other reports that came out this weekend. Looks like more people are waking up. I must admit it is a very elegant and elaborate Long Con.

but..but..all the smart money was short PM....i saw it in the COT report... Looks like reality bites...and she bites hard!

+1 Very well said RH. 100% agree with you. I am starting to visualise gold performing a pressure release valve type mechanism. When either fiat or gold money systems get too dominate then the other comes into play. These play out over multi-generation cycles and we can't choose when we are born! I have also pondered the question does a lie help create peace, and does the truth help create conflict? I am still thinking about that one...

I actually saw a better one this earlier today, but I can't locate it.. http://goldprice.org/inflation-adjusted-gold-price.html When I find the other one then I'll post it. But I bet GF has one handy! Here it is:

Here is the link fitkid. http://www.greenenergyinvestors.com/index....st&p=131945 Please keep calm and things will sort themselves out. I too am disapointed that swampy has gone again...but he did push it!

Well something strange happend to the gold price there...on my alpari account.

Very true - Also, I think the opposite has been happening in Financial Services for years. You see in the reall world when we count sugar cubes, we count them honestly. In the fiat world, the sugar cube is crumbled a little, formed back into a smaller cube, then the crumbly bits are compacted into a cube, and then recounted as a bigger number. Same amount of sugar, but more cubes. That keeps the acountants scratching their heads as to why their figures in Excel don't add up. 1+1=2 doesn't it? Computers don't make mistakes.. This is another reason why the common man gets screwed over by the financial elite. The only way we can fight back is via gold. That is a lot harder to crumble up and doesn't grow in fields.

Yeah - Swampy been shown the door.

pheww - was worried that fitkid had gotten expelled too. School would never have been the same!

If gold is money, then human greed will keep it valuable. I mean how much is enough?

Step 1 - http://www.greenenergyinvestors.com/index.php?showtopic=7896 Step 2 - http://www.investmentpostcards.com/2009/10...ancial-markets/ Read Quote: India. Faber is bullish longer term. Short term, there could be a correction. India is one of the best-protected countries because of less vulnerability to the export sector. He also believes the Reserve Bank of India has one of the best monetary policies in the world - supervising the financial system closely, relatively tight, and mindful not just of core inflation but also of other price levels like asset prices Step 3 - Watch videos! Simples.

Well that was 2mins of my life i won't get back....ahhhhhh! Just think we UK tax payers helped create that shite! I also wonder if there will be a rise in burgalaries with an increase in these gold adverts... I hear a lot of beeb journos keep it under their beds! Quote: Indian farmers are also big gold customers at this time of year - seeing it as a way of keep their profits safe after harvest - free from threat of currency fluctuations. So only Indian Farmers are affected by currency flutuations are they? Maybe the farmers are worried about the Reserve Bank of India - apparantly only Marc Faber thinks they are the best run central bank...so they must be shite!

Hey CDS I consider myself a chartists too! However, I did all the TA, FA and Risk work and still nobody from the bear camp came to debate with me.

Just wandered over to hpc... Found this post that now is the time to short gold... http://www.housepricecrash.co.uk/forum/ind...t&p=2182081 Can someone go over there and encourage them to sell? For us to buy at a good pull back then we need sellers!!!!

DOWN WITH BIG BROTHER DOWN WITH BIG BROTHER DOWN WITH BIG BROTHER DOWN WITH BIG BROTHER DOWN WITH BIG BROTHER

Resistance level 1 I only use them as a guide because other traders use them! http://www.investopedia.com/articles/technical/04/041404.asp

Something is happening! lol! I think we just took out a R1 pivot point!

Very good read here: http://www.caseyresearch.com/displayGsd.php Everyone should read these free newsletters. Quote I Like: On every continent, and in every epoch, the peoples who have excelled in creating wealth have been the victims of some of society's greatest brutalities. - George Gilder So what's it going to be? How will this current situation in both gold and silver resolve itself? If I was betting a dollar, I'd say that the organized crime figures in the bullion banks and the U.S. government will probably win out in the very short-term... but one of these days either world events, or supply and demand will catch up with them... and they'll get buried. That day can't come soon enough for me, and it's my bet that we're close enough to the end that I'm not going to risk being caught out of position. That's why I'm "all in"... and intend on staying that way for the foreseeable future. I hope you have a great weekend and I'll see you here on Saturday morning.

Just had a quick look at hpc....surprised to see so many new threads about gold...a few examples "Is gold money?", Where can I get Gold coins?", "Gold price about to be manipulated", etc, etc... Maybe they are finaly 'getting' it? History is unfolding in front of our eyes - we live in interesting times!

Here's my prediction: Top grey blob = We are above the top bollinger band. TA only traders will see this as a time to short gold. This goes against my fundamental views that fiat currency is exponentially being printed, and therefore gold will go higher eventually. Lower grey blob = Gold RSI on weekly is not in overbought region, therefore should move up. Also the MACD looks like it has stored some potential coiled energy, to make the move explosive. These are just my opinions - I will be buying gold all the way down to zero!!

Thanks Pixel8r! That makes perfect sense now...i ignored the yearly labelled links! Look forward to the thread!

Oh please let the sheep sell their gold....for me to buy, someone has to sell!

oh dear...what's happened to the recoveryeh? http://www.timesonline.co.uk/tol/money/pro...icle6831802.ece Lenders ignore Bank rate freeze Despite the Bank of England base rate freeze, experts are warning that mortgage rates could soar to 10% undefined Elizabeth Colman and Alexandra Goss * 3 Comments Recommend? Two of Britain’s biggest lenders hiked the cost of new mortgages last week — one day after Bank rate was kept on hold for the sixth consecutive month. Royal Bank of Scotland (RBS), 70% owned by the taxpayer, increased the cost of new mortgages by up to 0.7 of a percentage point. The move takes some of its five-year fixed-rate deals from 5.99% to 6.69%, increasing the cost of a £200,000 loan by £1,400 a year. Nationwide, Britain’s biggest building society, also hiked rates for remortgages last week — by up to 0.2 of a point. Lenders have consistently put up the cost of new mortgages in the past six months, despite Bank rate being on hold at 0.5% since March. Experts warned that fixed-rate mortgages could soar to 10% when the Bank of England starts to raise rates again, if lenders continue to profiteer. Related Links * Mortgages: Fix, track or stick - the big debate * Building societies hit out at FSA curbs Fixed-rate mortgages reflect “swap” rates — the cost of funding on wholesale markets — but these, too, have plunged to record lows. Darren Cook of Moneyfacts, the financial data firm, said: “It’s astonishing to see margins continuing to grow at the expense of borrowers. If mortgage rates continue to increase like this — and they will, the closer we get to the Bank increasing interest rates — we could soon see mortgage rates of close to 10%.” Research for The Sunday Times shows that banks have also refused to play fair on savings and credit card rates. Here, we look at the worst offenders: MORTGAGES Yorkshire building society has increased rates on average fixed-rate deals by 1.76 percentage points — more than any other lender — in the past six months, said Defaqto, the data firm. Its two-year deal is now 5.79%, against 4.03% six months ago, and its five-year fix is 6.55%, compared with 5.36%. Northern Rock, the nationalised bank, is the second-worst offender, with its average two-year fix up 0.6 points to 5.49%. SAVINGS NatWest has cut 1.51 points off its eIsa rate in the past six months. At the start of the tax year in April, savers were able to net a rate of 3.51%. Today, it pays as little as 2%. Meanwhile, Tesco has cut its easy-access rate by 0.5 points to 1.5%, and ICICI has lowered rates on its once-popular HiSave account by 0.75 points to 1.7%. Rachel Thrussell at Moneyfacts said: “There’s no excuse. This has been a tough enough time for savers without unnecessary interest rate cuts.” CREDIT CARDS RBS has hiked the rate on its Classic card — a best-buy six months ago — from 12.9% to 16.9%, according to Moneysupermarket. The four point increase will cost customers an extra £100 a year on the average balance of £2,500. Abbey has increased its purchase rate from 15.9% to 18.9%. You can do better than that Financial institutions may have refused to play fair in the half-year that Bank rate has been static at 0.5%, but there are ways to outdo them. Go for consistent savings rates The Albion 30 account from Leeds building society has been one of the most consistent notice accounts over the past 18 months, says Moneyfacts, the financial data firm. It pays interest of 2.5% on balances of £5,000 or more. The notice period is 30 days. Among no-notice accounts, Beverley building society’s postal account has paid 1.65% over the past three years. Lock in to the top five rates The Investec High 5 account pays the average of the five top-rate savings accounts, as published by Moneyfacts each week. The current rate is 3.15%. It requires an opening deposit of at least £25,000 and three months’ notice to make a withdrawal. Switch to 0% APR Virgin Money Mastercard gives the longest 0% interest period on balance transfers — 16 months. There is a handling fee of 2.98%. The Santander credit card, from Abbey, promises 0% on balance transfers for 15 months with a 3% balance transfer fee. Pick the right mortgage rate First Direct has the market-leading two-year fix at 3.49% for customers with a 40% deposit. The fee is £1,298. Repayments must be made from a First Direct current account and deals are offered on a repayment basis only. Most brokers are suggesting fixing for longer as current two-year deals will finish when Bank rate is expected to rise. If you want to protect yourself, HSBC offers a five-year fix at 4.95% with a 40% deposit and £999 fee. For those with just a 25% deposit, HSBC has the top tracker, at 2.95%, while Newcastle building society has a five-year fix at 4.99%.

Reality is coming back into focus... http://www.thisismoney.co.uk/mortgages-and...ticle_id=490624 House prices may fall for three years Dan Atkinson, Financial Mail 13 September 2009 House prices could fall for another three years, acting as a drag on the economic recovery, according to a Government-sponsored report to be published this week. Skip additional links Houses and money Heading down: House prices may continue to fall for three years, a Government-sponsored report will say WANT TO KNOW MORE? * Property to fall as 'irrational' rally ends * House price tables: Who says what? * Find the best mortgage deal for you OTHER STORIES * Isa boost for over-50s: how to use it * Product placement to be allowed on TV * Pensions mis-sold and badly compensated * Energy giants refuse to cut prices * Snooper's handbook for council tax hikes Buyers and sellers will drop out of the market, according to the Economic and Social Research Council. It warned also that unemployment was likely to continue to rise, despite tentative signs of a recovery, and said this would lead to an increase in the numbers of divorces. The ESRC, funded mainly by the Department for Business, has compiled a major piece of research on the economic situation entitled Recession Britain. According to official figures, which measure the price paid for homes on completion, house prices have been falling since the summer of 2008. In the year to June, they fell 10.7%. Warning that they could keep falling for another three years, the report notes: 'As prices decline, more potential sellers take their houses off the market. 'With fewer houses on the market, potential buyers know that it will be harder to find a house that matches their tastes or needs, so more buyers drop out of the market, leading to further declines in prices.' It adds: 'By reducing household wealth and thereby reducing consumer spending, falling house prices can cause or sustain an economic downturn.' On jobs, the report warns that unemployment may continue to rise well into the recovery, as happened in the early Eighties. And it has bad news for graduates: 'There is certainly a risk that there will be lifetime earning losses for the generation of graduates that comes onto the market in the middle of a downturn. The situation in this recession may be worsened by the fact that, in recent years, the supply of graduates has increased dramatically.' On the social cost of recession, the report warns: 'People who lose their job in Britain increase the chance that they will lose their partner. A woman losing her job is increasingly likely to lead to partnership dissolution the longer the partnership has lasted. The effect of a man being made unemployed is the same regardless of how long a couple has been together.' And immigration is likely to decline as unemployment rises. 'History and recent experience suggest that every 100 jobs lost in a high-immigration country result in ten fewer immigrants.'