Pluto

Of course, the fool who runs this outfit is a self proclaimed Keynes lover. Roger Bootle is managing director of Capital Economics and economic adviser to Deloitte. You can contact him at roger.bootle@capitaleconomics.com http://www.telegraph.co.uk/finance/comment...-solutions.html

I have no idea what the orientals are doing or thinking. What we are seeing is the Anglos lose control of the price of gold. That is, the game of shorting gold with paper money is coming to an end. Folk worldwide want delivery of their metals - and not settling for paper promises anymore. Sooner or later the fools gold play will also come to an end. The shorts are accumulating losses in paper money - which is manageable in a fiat system. As soon they are required to settle positions in actual metals, then they squeal like pigs in a slaughter house.

It is the shorts' stops that will add fuel the Gold fire that is ablaze right now.

Technical Analysis belongs in the same category as: Crystal Balls, Horoscopes, Almanacs, Tea Leaves, and Reading Palms. It will lead you to ruins.

It is a toasting considering they have been in the toaster since Aug 29th 2009. Turning nice and crispy black.

The Anglos are losing control of the gold market. Folk are realising more and more that wall street, and its "financial innovations", are just crooked scams to fleece them. They are demanding physical metals not more "innovations". Financial innovations is a term coined by wall streets propaganda station CNBC.

Options expiry tomorrow - shorts will be toasted.

Who said history repeats itself? Here's an article from 1965 which is even more relevant today. "The time has long since passed, he told a press conference, when the currencies of any one or two nations can enjoy "this signal privilege, this signal advantage." The present-day world, said De Gaulle, needs "an indisputable monetary base, and one that does not bear the mark of any particular country. In truth, one does not see how one could really have any standard criterion other than gold." http://www.time.com/time/magazine/article/...40572-1,00.html

The drums are getting louder regarding fools' gold*. *fools gold is any item claimed to be gold you can't polish. The magnitude of this paper gold and silver scam will even exceed that of the Madoff Ponzi scheme. The Stanford scam will look like chump change by comparison. You should own only physical gold and silver, which is in your possession. The only paper gold and silver you should own are the producer shares, period. All futures contracts, ETF shares and mint certificates are now potentially bottomless capital loss pits. http://socioecohistory.wordpress.com/2009/...precious-metal/

The London and New York casinos are losing control of the price of gold. Futures traders and hedge funds are starting to demand delivery and not selling contracts and booking gains/losses. This is why the Casinos are losing control and why there are outfits popping up everywhere willing to buy your Nan's tinklets. Keep it real and physical, you know the stuff you can polish, all else is fools' gold.

Barrick sees gold going much higher... Sept. 8 (Bloomberg) -- Barrick Gold Corp., the world’s largest gold producer, plans to record $5.6 billion in third- quarter costs to eliminate fixed-price contracts as the company bets that prices for the precious metal will climb. http://www.bloomberg.com/apps/news?pid=206...id=a_Rt2xgQeWvY

Paper Gold, electronic Gold or any other form of gold that is not yellow and weighty are all oxymora.

They are getting desperate for your physical gold. Of course there is always heaps of pixel and paper gold for everyone. Look here. This outfit claims to DOUBLE any other offer you get. keep your friends and gold close by at all times. http://www.money4golduk.com/

Take that! All you non-believers and gold shorts. A special kick in the nuts goes to Keynes who coined the term "barbarous relic"; his monetary polices and the idiots who implemented them will be ridiculed in future history books (the truthful ones anyway).

As I have said before and will say again: There is only one gold, and that is stuff you can stash under the pillow, all else is bits of paper or pixels. It looks like Green light is also seeing the "light". We made a couple of modest changes to our macro hedges. First, after extensive investigation we switched our entire GLD exchange traded fund position into physical gold. http://news.goldseek.com/GoldSeek/1251815214.php My apologies if this has been posted here before as I have been away for a while.

2009 version...

As I said yesterday..1000 is the line in the sand for the bankers. Could go sub 900 to shake out all the nervous nellies. Bank stocks on a tear again. Obama speech didn't do the trick, so they are hitting all markets at once, to try and please their Chinese masters who they are borrowing from.

It seems as though the bankers are drawing a line in the sand at 1,000. Let's see it they can push below 900.

Maybe the ETFs should publish the source of the gold so it can be verified. The real issue here is ALL THE MINED gold in the world is not enough to keep up with demand from one EFT. That is huge demand and if it keeps up will drain all the gold ever mined into ETFs.

I am banned from posting there.

Whenever they talk about gold they mention ETFs, which is exactly what they were invented for, to herd the masses away from the metal. According to an article I read all of the gold mined is not enough just for one eft GLD. We're so doomed and stupid....

Couple of beers would go down a treat right about now, now you mention it.

I have no clue what you are talking about or getting at. I'm sorry.