Tahoma

Ah, who knows. My gut feeling is many parties are pleasantly surprised they got it down as far as they did and may not waste any more ammo. It has already recovered 30% off it's lows, and we are talking days here. Once the shot of 0.75% Laudenum in the punch has worn off, it will be back to bad business as usual and waiting for the hangover.

Remember, money does well in deflation. And whatever the C*nTTs of this world tell you, Gold IS money.

The inflation/deflation argument seems to be becoming preminent. My opinion is, inflation as all those foreign held $ denominated assets come home. Then deflation as they can't get anyone to take on more debt any more, either due to exhausted/scared consumers not willing to borrow or banks more interested in repairing their balance sheets than lending to fund consumption. The main question is the timescale of when inflation turns to deflation. Listen to Schiff.

I've been in Gold for a couple of years now, following forums all the time. If I have one observation, it is that people into Gold are bipolar - when it is going up, they see no upper limit. If it takes a hit, they see no bottom. All I can say is look at a five year chart, and you will see that the smackdown from $1000+ is completely irrelevant and a healthy part of the Gold bull market. I am going to have some more powder to set off shortly, and I am happy to sit back and wait for someone to make my next Gold purchase cheaper. It wasn't always this easy, I've sat glued to charts set to ticker refresh for a bit longer than is healthy. As Puplava would say, ask yourself 'what has changed?' before deciding that Gold is on a downslide.

Bah! I presumed IGIndex would have pretty accurate info. I wonder how long we'll have to wait for it to be 'official'...

Igindex just reported $1000.6. Well done everyone, and thanks again to DrB whose posts got me interested in this mad race to begin with, over 3 years ago now. Glad it happened now the thread has a home it can feel welcome. :D

You could be right - there is a takeaway level bet at stake here though, so wish me luck.

Golds on a bit of a ripper again... I might spreadbet on a pat down from here and treat myself to a take away courtesy of the Cartel.

If only those poor Germans had a financial genius like Gordon at the helm. He would show them how to 'core the sink', as we say in Paragliding...

Don't want to go on about it, but check the Gold thread at HPC. (hollow wind noises...)

Short version - 'Look at our Alexa rating ohmigodohmigodohmigod....' He sounds like Blair - 'I can do whatever I like as long as I say I believe it is right'. Looks like my tumbleweed pic was prescient, and I doubt if any of those 27 solicitors letters were to do with a discussion of the price of Gold.

Absolutely - even more irritating are posters who claim not to be moderators and make barbed little comments about Gold enthusiasts, but behave like one the moment it suits them. No prizes for guessing who I am talking about. Edit: Look at his posts on this thread. What an uppity little man.

I have a shameful admission. I've started spreadbetting the DOW for a laugh, with a modest initial stake. I almost doubled it today. Good old PTT, so very, very predictable. Makes you think, mind you I'll probably wipe myself out tomorrow.

Edit 'are going to make' for 'have made' and I am in complete agreement. And so would they be, if they were honest.

I think it is simpler than that. Despite Gold being the most recurrent topic by posters on 'their' site since it's inception, they-don't-own-any.

Congratulations! You now have a form of money approved over 3000 years by civilisations all over the world. Whatever you do, do NOT sit glued to a Gold chart - it will turn your hair white. Buy and hold.

I've noticed a few posters around who spreadbet on Gold and even Silver. I've got a question that is probably staggeringly daft - surely if you can put in fairly tight stops, you can keep placing bets until the market goes in the right direction and then coin it in? Is there some sort of compensator for when you have a tight stop in place that limits your potential winnings? Not a gambling man myself.

You do me no credit if you doubt I don't recognise it Jester... we must be of a similar age.

Top post by the regular; doubtless to be met with a 'get lost then' reposte by the hardly-moderate moderators. They are trying to 'make light' of the shotgun blast they gave themselves to the foot now, but reading between the lines they are papping themselves at the prospect of being left with a forum of 90% newbies on one side and RB on the other. Edit: As I said, between the lines they are papping it - despite 'washing his hands' of the thread, Der Oldher will 'try re-opening it in a few days'. I'm not sure if Swarfega will remove Gold dust? Edit 2: Sorry to whine on about this, but it gets my goat. CTT has just justified the banishment of the Gold thread because in a poll 'only a 144 votes cast and a membership of nearly 10,000' - the poll actually showed only 19% of these approved the de-facto censorship of Gold, considering the chain-of-consciousness pap that occupies the main forum. He knows full well most of these members are inactive. Hell, most of them have probably been banned for whistling on a Tuesday, or other crimes.

Dollar index heading for the 72's. Not pretty.

Not just that - I've been a regular HPCer for over 2 years now. Looking at the names of 128 members logged in, I recognise about 10 of them, barely any old timers now.

I'm not sure this thread will survive to be honest - there is some incredibly incisive, intelligent debate on Gold still going on 'over there' and we just cannot compete: http://www.housepricecrash.co.uk/forum/ind...showtopic=70020 I hope the sarcasm is obvious.

On GF's chart I think we are half way between 'Bear trap' (post $720 sell off in 06) and 'Media attention'. The latter will start when we get momentum traders coming in post $1K.

$990 getting tickled again.

Dude, right now ALL PMs are probably held in limbo for approval by the Glorious Leaders.