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Everything posted by seekingclarity
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Agreed, but DXY has broken 75 & there aint much between here & a test of 72 ....
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Something tells me we could break 1080 in the next 24 hours....
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Nice. Any idea of the the origin?
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Only me. Stupidly I took some profit a couple of weeks ago, waiting for the pull back so had to get back in for this run up to 1180. Didn't expect the others to follwo tho
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...and here is a contrarian view: http://www.fool.com/investing/general/2009...ve-in-gold.aspx
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Excellent. Thanks
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Easy I won`t throw any more up. When you have a few houses sitting in a safe deposit box, believe me now and again it is supportive to read some positive commentary now and again.
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How about this one... http://www.economist.com/finance/displayst...96&fsrc=rss wrong link, but see Gold article Feb22, same page...
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Sure as the current and near term shake-out will get rid of the weak hands and in the mid term it helps to ramp up the price
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This is also a soothing read... http://www.economist.com/finance/displayst...96&fsrc=rss
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Good find. Tx.
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USD946.2
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http://www.ft.com/cms/s/0/eff64394-fdd7-11...0077b07658.html
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UK House prices: News & Views
seekingclarity replied to G0ldfinger's topic in NEWS Commentary, 2021 & Beyond
Sure do DrBubb - HPC & the Piggies. 1% plus per month. How they were baited and how you helped to educate the masses. You must be keeping an eye on the London market as well...at 50% off soon it has to be a buy and even cheaper with FX wins. -
To sell gold the IMF need US Congress appoval. To my understanding this has not been asked for nor a date tabled. There is a lot of noise out there...
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Credit Suisse have a main vault in Zurich which to my understanding is well stocked. A friend informs me he took delivery in 48 hours after giving instructions recently. I would think that if their Government was involved that they would need somewhat longer than 2 days....
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If one were to base a decision on this guys ramblings well, good luck. He is totally anti-Panama, years of negative propganda and is real bitter about something... However, researching this case there appears to be a monumental FU in their judicial system for it to get as far as it has. On good authority for now, Panama will not open up...
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IMO Panama is still probably the best right now.
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I have fronted several beers and there are more on this one I agree with your TA / charting and not only that putting MMWMMI. Shorted at 770 & by Monday with a bit of luck we will be somewhere in the 650- 690 range IMO & will buy more physical. Time to fill our boots Let me know how you wish to collect...
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Acthung, zee Nazi gold....
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Julius Baer if i have the spelling right / secondary but strong Swiss operator
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Agreed and in the meantime it is also commercial to hedge your exposure & profit from short term declines, by selling gold forward in the paper market on a 3 and / or 6 month forward contract against the USD, whilst keeping your physical gold in a safe place.
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Another round of beers! Great charting. imho we are going lower, SHTF in increasing volumes this week on. I will be selling gold on 3 & 6 month forward contracts whilst taking long term physical delivery next week. Good luck all.
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This makes sense, however some here feel a gold stash over three continents is the best safeguard for a worse case scenario. Or for those without these logistical abilities how about long term holdings stashed in a safe deposit- neutral country, medium term holdings with the likes of Goldmoney and short term / 0 - 12 months hidden in your backyard or similiar?