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fitkid

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Everything posted by fitkid

  1. +1 buckle your seat belts and enjoy the ride.
  2. Gom i think you do yourself a total injustice saying that.It is because of the fact that you are not formally trained that allows you the clear vision that you have.Whilst all the techies are scratching their heads looking into their charts asking themselves how the hell did that just happen you used common sense and a clear understanding, of the fundamentals. well done
  3. A calculated PONZI scheme in my opinion.
  4. http://news.bbc.co.uk/1/hi/business/8295582.stm Gold price returns to fresh high There are several factors impacting on the gold price The price of gold has hit a fresh all-time high of $1,048.40 an ounce after a continued decline in the dollar kept it attractive to investors. It came a day after having pushed past the previous record of $1,033.9, which was set in March last year. Analysts said that there was still potential for prices to rise further if the dollar remained weak. However, there was caution that it may represent a price bubble rather than a sustainably higher gold price. Speculative bubble? The gold price fell back slightly later in the day, to $1,042.30 as the dollar showed some signs of recovery. FACTORS IN GOLD PRICE RISE Weak dollar Speculation Inflation risk Time of year Why prices are high and does it matter? Analysts said concern about the possibility of higher inflation in the US as its economy recovers was another factor in lowering the price of the dollar, further boosting the appeal of gold - but there was scepticism about the driving forces. "A mix of unfounded inflation fears, conspiracy theories and speculative demand looks more like the ingredients for a speculative bubble than the grounds for a sustainable increase in prices," said Julian Jessop, economist at Capital Economics. The price of gold is typically strong in the October to December period because of the higher demand for jewellery in the run-up to Christmas and the Indian festival of Diwali. Demand for gold is strong in India, and Indian communities around the world ahead of the festival of lights, which this year falls on 17 October. This is because gold jewellery is typically given as presents. Is this all we get from the MSM,swampy that jessop needs some evidence ,i mean real evidence.
  5. Ok Thanks JIM but believe me swampy is no one's fool he clearly see's THE BIG PICTURE and that is very refreshing.
  6. What are you going on about now i know you are from liverpool but this is taking the piss. PLEASE PUT ME ON IGNORE!!!!
  7. The art of making a new discovery and to understanding is to "SEE WHAT EVERYONE ELSE HAS SEEN BUT THINK WHAT NO ONE ELSE HAS THOUGHT" ALBERT SZENT -GYORGYI discoverer of ascorbic acid(vit c) and nobel prize winning biochemist. The true definition of insanity "IS TO KEEP DOING THE SAME THINGS OVER AND OVER AGAIN AND EXPECT A DIFFERENT RESULT" ALBERT EINSTEIN
  8. TIME TO REALISE WE ARE IN A VERY DIFFERENT WORLD NOW.Need to put the charts away and take a look out of the window THEY USE TO SAY "YOU CANT SEE THE WOOD THROUGH THE TREES" NOW ITS "YOU CANT SEE THE GOLD THROUGH THE CHARTS"
  9. YOU ARE TRULY ILLUMINATED GOOD SIR
  10. My good deed for the day spoken to a supplier in birmingham see below he has some small swiss bars,sovs, krugers.You will not meet more of a gentlemen than the owner his name is bruce its a family business being trading since the 70s any newbies or people wanting advice in purchasing physical gold this is one the most honest man i have spoken too.Will sell at SPOT. http://www.consortium-jewellery.co.uk/ CONSORTIUM JEWELLERY A family-run business, established in 1975, Consortium is a premier retailer based in Birmingham's historic Jewellery Quarter. Rings, bracelets, chains, brooches, watches etc. Unusual pieces available or made to order Specialists in heavy chains & bracelets Huge range of stock on display Friendly, helpful, efficient and knowledgable staff Relaxed atmosphere - no pressure selling! Quality secondhand wristwatches always available Only a few yards from the Metro station. Five minutes walk from clock tower. Ample parking outside. Consortium Jewellery Ltd. 39 Vyse St., Hockley, Birmingham B18 6JY Tel. 0121 554 9297 or 0121 693 9297
  11. THE SCORES ON THE DOORS SITTING BULLS 2 MUSICAL CHAIR GAMBLERS 0 Gold rallies to new record high on rising investment demand. NEW YORK (MarketWatch) -- Gold futures soared to a record high just below $1,050 an ounce Wednesday, as investment demand rose and as the U.S. dollar remained relatively weak. Holdings in the SPDR Gold Trust /quotes/comstock/13*!gld/quotes/nls/gld (GLD 102.23, -0.05, -0.05%) , the biggest exchange-traded fund backed by gold, rose for a third straight session to reach the highest level in three weeks. 'Gold has significant upside potential into 2010.' Jason Kotick, Barclays Capital In foreign-exchange dealings, the dollar rebounded slightly against the euro and the Japanese yen, but the dollar index /quotes/comstock/11j!i:dxy0 (DXY 76.46, +0.12, +0.16%) remained below the 77 mark. See Currencies. Gold for October delivery surged to an intraday high of $1,048.20 an ounce, a new record for front-month gold futures. The contract was last up $3.90, or 0.4%, at $1,042.50 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices, as gauged by Comex front-month futures, have risen 18% this year. Gold for December delivery, the most actively traded contract, gained $3.10, or 0.3%, to $1,042.70, a partial retracement after hitting an intraday high of $1,049.70. "Gold has significant upside potential into 2010," said Jordan Kotick, an analyst at Barclays Capital, in a note. Technical analysis indicated that "resistance currently is at $1,370; history suggests a run at $1,500." In the coming weeks, gold is likely to rise as high as $1,120 an ounce, he added. Investors piled into gold ETFs as prices have been hitting new highs. Holdings in SPDR Gold Trust rose to 1,100.51 metric tons on Tuesday, up 2.44 metric tons from a day ago. Holdings stood at the highest level since Sept. 23. Underscoring investors' interest, Credit Suisse launched on Tuesday its first physically backed gold-exchange-traded fund. The new Gold Xmtch ETF, listed on the SIX Swiss Exchange, is in U.S. dollars and can be hedged in Swiss francs and euros. The fund invests in physical gold without using derivative instruments. /quotes/comstock/13*!gld/quotes/nls/gld GLD 102.23, -0.05, -0.05% 120100806009MMJS"The prime driver of the recent rally in the gold price ... was the weakening of the U.S. dollar," wrote analysts at Nomura International in a note to clients. There is a very strong inverse relationship between the U.S. dollar and gold prices. When the dollar falls, gold prices tend to rise. Gold's Wednesday highs topped the earlier record hit on Tuesday, when the dollar slumped on a report suggesting the end of dollar-based oil trading and as Australia hiked interest rates. Also in metals trading Wednesday, December silver futures rose 5.5 cents, or 0.3%, to $17.35 an ounce. Silver prices have rallied nearly 55% in the year to date. October platinum gained $7.20, or 0.6%, to $1,325.30 an ounce, and December palladium rose $3.90, or 1.3%, to $314.20 an ounce. Bucking the trend, December copper fell 1.95 cents, or 0.7%, to $2.765 a pound. Harmony Gold raised to buy at Nomura In other news, Nomura International upgraded on Wednesday Harmony Gold Mining Company Ltd. /quotes/comstock/13*!hmy/quotes/nls/hmy (HMY 11.37, -0.38, -3.23%) /quotes/comstock/!har (ZA:HAR 8,601, +601.00, +7.51%) to buy from neutral, saying it has the highest leverage to the appreciation of gold and it is the best value among South African gold equities. "While we generally agree that in the long run physical gold beats equities, we believe Harmony Gold and Polyus Gold offer attractive buying opportunities for the next 12 months," wrote the Nomura analysts. They reiterated a buy recommendation on Moscow-based Polyus Gold /quotes/comstock/11i!opygy (OPYG.Y 24.67, +0.47, +1.94%) . Nomura also downgraded both AngloGold Ashanti Ltd. /quotes/comstock/13*!au/quotes/nls/au (AU 44.24, -0.55, -1.23%) /quotes/comstock/!ang (ZA:ANG 32,361, +1,842, +6.04%) and Gold Fields Ltd. /quotes/comstock/13*!gfi/quotes/nls/gfi (GFI 14.81, -0.08, -0.53%) /quotes/comstock/!gfi (ZA:GFI 11,058, +758.00, +7.36%) to neutral from buy, citing recent rallies in the two South Africa-based companies. The bank also initiated coverage of Russian gold and silver producer Polymetal /quotes/comstock/11i!poymy (POYM.Y 8.00, 0.00, 0.00%) with a neutral recommendation. Polyus Gold and Polymetal are both listed on the London Stock Exchange as well as on the RTS and Micex exchanges in Moscow. Polya Lesova is reporter for MarketWatch, based in Frankfurt. Moming Zhou is a MarketWatch reporter based in New York.
  12. Swampy i have only got physical gold,what are the options or suppliers for me to purchase physical silver for my own personal collection any contacts.?
  13. There is a GOD (dog backwards/government ordanace department) :lol:
  14. Nope swamp sorry mate you aint impressing me with any of that I WANT EVIDENCE REAL EVIDENCE evidence that i can see,feel,talk to, take out with me on a long walk.
  15. swampy there is just not enough evidence to substantiate your view point.
  16. THE SCORES ON THE DOORS SITTING BULLS 1 MUSICAL CHAIR GAMBLERS 0 Gold ends at record close as dollar slumps By Nick Godt NEW YORK (MarketWatch) -- Gold finished at a new record closing level on Tuesday, after earlier hitting a record intra-day high of $1,045 an ounce, as the dollar slumped on a report suggesting the end of dollar-based oil trading and Australia hiked interest rates. Gold for December delivery gained $21.90, or 2.2%, to end at $1,039.70 an ounce, a new record closing level. It earlier reached a high of $1,045.0 an ounce, topping the previous record of $1,033.90 in March 2008.
  17. You lucky ,lucky bast*** why do you get the ignore button from not so nice jim and not me he trolled me on the IS--RA--EL thread and is still going i really thought he was'nt able to read so had to ask the question.To be honest i had hoped he had followed his own old avatar's advice and JUMPED WHITH THOSE OTHER FU**ERS,but not so lucky it seems.I hope this has done enough to get me the ignore button,if there is a god up there answer my prayer.
  18. Yeah because they are buying miners and gold shares.
  19. I am a bit confused by your post fortune you say you are 100% in metals but dont think that will be enough to fully protect yourself.You then imply if i am reading it correctly that you are still in debt and wanting to live in a safe enviroment which are of a higher priority than owning metals.??
  20. "Ownership of gold is not about lust: it is about liberty of the individual. The gold standard is not a 'game': it is the embodiment of the timeless principle 'pacta sunt servanda' (promises are made to be kept). Official hatred of gold bordering on the neurotic appears less irrational if we contemplate that gold, and gold alone, is capable of exposing the ever-present bad faith behind the promises of the powers that be." - Get Gold! I LIKED THAT
  21. yes they did according to the video i watched where gold was being used to acquire supplies,a total breakdown in the percieved value of paper.
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