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fitkid

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Everything posted by fitkid

  1. total deception just about sums it up.do the opposite of whatever he advises
  2. Any comments on this:- Tuesday September 29, 02:24 PM ECB-Gold reserves drop by 58 mln euros in week FRANKFURT, Sept 29 (Reuters) - Gold and gold receivables held by euro zone central banks fell by 58 million euros to 231.9 billion euros in the week ending September 25, the European Central Bank said on Tuesday. Net foreign exchange reserves in the Eurosystem of central banks fell by 1 billion euros to 189.2 billion euros, the ECB said in its regular weekly consolidated financial statement. Gold holdings fell because of the sale of gold by one euro zone central bank. The ECB said the move was consistent with the 2004 Central Bank Gold Agreement. The bank's balance sheet totalled 1.79 trillion euros, inching down from the previous week. For details of the report, please see the ECB's Web site: http://www.ecb.int/press/pr/wfs/2009/html/index.en.html Keywords: ECB/RESERVES
  3. I certainly see alot of wishful thinking from some posters who have either traded metal and want to buy back in or are still trying to reach their target allocation and are constantly hoping for lower prices to facilatate this. The way i see it everyone who i have contact with i advise them towards getting some exposure to physical metal i know from the response that people are now listening most unfortunately have not got any spare fiat to get that exposure but at least i feel that i have done my good deed for the day.It still amazes me just how financially dumbed down and ignorant people are and there is'nt even any FLOURIDE in our water.
  4. i think he is an agent from the dark side or the systems barking sheepdog to round up any straggling sheeple who have drifted away from the flock.
  5. I look at all these charts and hear everybody making opposite calls, the markets and charts are clearly all over the place there is now no traditional measuring points anymore in my opinion i think these are unprecedented events of historical proportions.There doesnt appear to be any rhyme or reason to the movements unless you accept that there is ppt and manipulation and/or a load of sheeple following the MSM sheperd.The only true measures i feel are the fundamentals and whats realy happening in the real world not MSM manipulated lies damn lies and statistics.Putting charts aside why do you feel that there is going to be a sharp correction in price downwards romans please provide me with something of substance not a chart whith an opinion.
  6. If anyone is tempted and dips their toe in the water, i have SOME PRIME COASTAL REAL ESTATE they also may be interested in just outside ZURICH.
  7. MAYFAIR and GRANT About Us Established in 2009, Mayfair and Grant are part of the Crown Holdings Limited group of companies based in London. Crown Holdings have been leaders in foreign currency exchange for over 4 years and have excellent links in the financial and currency exchange sectors. Our offices are located in the Old Foundry area of Hayle, Cornwall where we are in the unique position of being able to offer lower prices on investment gold than many of our competitors. Our prices reflect the fact that we operate purely online, and as a consequence our overheads are kept to an absolute minimum and we pass these savings onto our clients. We store our gold in a secure facility located off site, and offer the unique opportunity to store any gold you purchase from us in our vaults completely free of charge for the first year. This is from their website they have only been established THIS YEAR the companies i deal with have at least a 30 year pedigree and i still would only do C.O.D.I do not understand why it takes 12-28 days to get the metal back from the refiners if i placed a kg order i would wait 0 - 3days tops and would not pay a penny until i collected the metal.They also offer A YEARS FREE STORAGE.When something sounds to good to be true it very usually is. COME ON STEVE NETWRITER WHERE IS YOUR CAVEAT EMPTOR ON THIS
  8. MAYFAIR and GRANT About Us Established in 2009, Mayfair and Grant are part of the Crown Holdings Limited group of companies based in London. Crown Holdings have been leaders in foreign currency exchange for over 4 years and have excellent links in the financial and currency exchange sectors. Our offices are located in the Old Foundry area of Hayle, Cornwall where we are in the unique position of being able to offer lower prices on investment gold than many of our competitors. Our prices reflect the fact that we operate purely online, and as a consequence our overheads are kept to an absolute minimum and we pass these savings onto our clients. We store our gold in a secure facility located off site, and offer the unique opportunity to store any gold you purchase from us in our vaults completely free of charge for the first year. This is from their website they have only been established THIS YEAR the companies i deal with have at least a 30 year pedigree and i still would only do C.O.D.I do not understand why it takes 12-28 days to get the metal back from the refiners if i placed a kg order i would wait 0 - 3days tops and would not pay a penny until i collected the metal.They also offer A YEARS FREE STORAGE.When something sounds to good to be true it very usually is. COME ON STEVE NETWRITER WHERE IS YOUR CAVEAT EMPTOR ON THIS
  9. i spoke exhaustively whith one of my suppliers about buying 1kg refined bars at spot as i could get them all day from one of my other suppliers at +1% above spot.He was saying that he could do it at spot so i placed a firm order only for him to renage based on the fact that when he spoke to the refiners in hockley birmingham it worked out not worth his while when he broke it down if during the refining process IF a few grams were lost he would lose on the deal,he even said it wasnt worth him selling to me at 1% above now that he had looked into it and even couldnt understand how the other company could happily do business at +1%.THE ONLY WAY I WOULD DO ANY BUSINESS IS BUY TAKING IMMEDIATE DELIVERY AT THE POINT OF SALE EVEN WITH THE COMPANIES I KNOW.PERIOD!!!!!
  10. Exactly last winter we travelled down to spain then over to morocco back into europe through spain, france, germany, denmark, sweden, norway ,finland, ESToNIA, latvia, lithuania, poland ,germany belgium ,france then back to blighty. As always it was a great trip and massively informative nothing like having your ear on the grund as they say. Major points noted living costs in morocco £85o for 3 months people much happier in what peple in the west would call poverty for me it was more like heaven sustainable living real community feindly hospitable people.Spain is abslutely f**ked you have never seen so much develpment truly awful they have sold their soul to the devil.In the baltic states the only one that didnt seem to have got itself into so much debt in a race to develp and modernise was latvia the roads were noticebly in a bad state of repair where as esotnia and lithuania had alot of newly built and newly maintained roads.The capital of lithuania vilnus was suprisingly modern the credit expansion was clear to see in the buildings and the new cars on the roads.
  11. There is alot of whishful thinking in the minds of some who are talking and hopng for a major downward correction in gold look at the fundamentals they are terrible worse than ever further increasing unemployment falling retail sales no volume in house sales etc etc.on the other hand the aparent bullish sentiment being shown in the various indices is totally unfounded in any real signs of any positive economic markers it is pure hope whithout any substance.I would approach with extreme caution in this curent enviroment my strategy is simple got gold hold gold and watch and monitor the fundamentals and react apropriately. Anecdotely on our annual trip to the sun to escape the cold sunless winters of england in 2oo3 we were visiting the alhambra complex in granada in spain and called into use an internet cafe /launderette close by actually more launderette as the sole computer was realy the owners own use computer that he had realised might add additional income to his floundering finances.I remember very clearly has he graphically explained to me the reason for him being in spain having been lucky enugh to leave argentina after its economic collapse, what really suprised him was the apparent speed of the collapse.It left him practically broke he had listened/trusted the government who were guranteeing the stability of the peso and strength of their economy while the clever/cautious people put their money int the us dollar and got it out of the country. Does that sound familiar???
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