Jake

How about this then? You obviously haven't read many of my posts. Disillusioned idealist re England is probably the best analysis. Here you go: JERUSALEM (from 'Milton') by: William Blake (1757-1827) ND did those feet in ancient time Walk upon England's mountains green? And was the holy Lamb of God On England's pleasant pastures seen? And did the Countenance Divine Shine forth upon our clouded hills? And was Jerusalem builded here Among these dark Satanic Mills? Bring me my bow of burning gold! Bring me my arrows of desire! Bring me my spear! O clouds, unfold! Bring me my chariot of fire! I will not cease from mental fight, Nor shall my sword sleep in my hand, Till we have built Jerusalem In England's green and pleasant land. You said ''I got slated here once for suggesting things were nowhere near as bad today as they were in the 70's, but I'll say it again, they're not, not by a long way. It was horrific back then, the country was ripping itself apart - IMF bailouts, open battles on the streets (with hard working family men, not just ar**hole kids like now), electrical blackouts all the time, 3 day weeks, unions Vs state etc, hell there was nearly a coup! - and practically everyone went into that crisis period relatively poor. Yes of course there were different problems and causes of those problems, but the effects were worse than we are seeing now and the country pulled out of it then, and it will come through this now. It will take time, but it's been a hell of a boom and the vast majority are still way way better off now than equivalent families were 40 (even 20) years back. There are also positives coming out at the moment, the public is paying down debt, slowly, but surely, inflation is falling and the number of people working is increasing even as the public sector is laying of 100's of thousands (although to be fair it's anyone’s guess as to how long that continues) and house prices are becoming more affordable in most of the country. '' The difference with the 70's and now, as you said, is that we 'pulled ourselves out if it', well with the help of some cheap reliable oil we did. Those days are over-at least in the future they are. The country is now loaded to the teeth with debt-but so is the rest of the Western world-and the future looks...a bit grim to say the least. The public is scrambling to pay down debt and tat will hit the economy badly. Affordability, hmmm. Families are not better off than 40/20 years ago. But we feel we are, with all our toys purchased with credit. I would save your optimism for a few years. And I'll save my pessimism. Still this has been a good year for the UK. Wedding, Jubilee and the Olympics-personally I'm milking it for all it is worth. But really the UK is a patient waiting to shit their pants... Which is a shame, but there we go. It's the same here tbh. What can you do but

I like DB but this song is apalling. Spose he should have gone long ago... Also I imagine the uk will be worse than America. Uk property is to the uk what the Dow is to the USA. There's nothing else... Which is why well STOPat nothing to save the property mkt. Ch ch ch changes

I, too, regret not having him around these days. I will bet an ounce of gold that he'll never grace these boards again. Some 'tea break'. He was shown the door and walked right through it. After he left their were murmerings of jubilation that the 'circus' had gone. Just as well gold has gone sideways since.

Ah, yes...Kristallnacht. Nevermind. I am sure he is alive and well.

Ah, yes...Kristal Nacht. Nevermind. I am sure he is alive and well.

Didn't somebody chase him away??

That may be right. But it costs a fortune to seperate the wheat from the chaff...unless the price of gold and silver rise to make it worthwhile...or the technology improves re extraction.

Typical answer I have grown accustomed from you... A profession of seeming innocence, followed by an acid drop of insinuation. And then a bit of track covering/wriggle room. As I thought, you do protest too often.

What are the "best reasons"for buying gold, I wonder?

I just wish they'd revalue gold to C20,000 ASAP and we'd be off to the races again.

JD, you ever so conveniently forgot to copy the last line of that article. Allow me to add it: On the other hand, perhaps Gold is set to surge even higher as the financial catastrophe in the Euro-zone unfolds. Only time will tell... ''In fact, over the last 5 years gold has tripled in value compared to the average UK home asking price. A traditional investment in times of financial uncertainty, for many investors Gold has acted as a useful hedge against the corrosive effects of both inflation and asset price deflation. However, the recent trend since September 2011 suggests that the pendulum could be swinging back in the opposite direction. Since September 2011, home prices have gained 15% vs. Gold. Should this trend continue,( ) we could be witnessing the start of a considerable turnaround in the property investment sector.( :lol: ) Investors are still enthusiastic about UK property and the principle reason must be that, unlike Gold, property offers a return on capital in the form of rent. ( And Gold offers a return OF capital in the form of purchasing power).

Perhaps they should move to Shoreditch? I didn't know what to make of this, tbh. Always used to be a little dump, but now revved up with cocktails and awful accents and piff poor poetry. Still worth a look. Might be fab for all I know. Am I missing the UK at all? Or anything on offer? http://www.bbc.co.uk/news/world-18373621

...so all the old gold bulls can come back to pasture? It's a damn shame they are not here, imho. Better than all of hall lights posts altogether was pix or warpig or gf or...or...or... It was a serious question though. I wonder what Prechter means when he says 'real money'. He once said on Dom's interview a few years back that 'gold was the only real money'. I still think he rues the last 10 years bull in gold whilst advising against it. Costly. And the irony is that he could have ridden it spectacularly, sold at 1900 and bought greenbacks. Then wait for the multi year collapse a la deflation, then sweep up the bullion, hand over fist. Anyway...

And Robert Prechter thinks that even though gold is beginning a 'multi year correction' (and silver down to single digits) he still recommends a core holding of gold. Funny old world... I wonder what his definition of 'real money' really is? Gold or Greenbacks or both?

I think you miss a point when you reply to B&H's. 'Your' money is just winnings from the roulette table. Others is money earned by adding a little value to the world (no doubt you won't agree but nevermind). They can't afford to risk it. Yes you have oodles more to play around with. But you don't have a safe home or a family to think about. B&H's dont want Apple or Adollars FFS. To them that is just papier mache. They want to slay Mammon. You can't help but worship. Sorry. Your whole take on/treatment of B&H's is misguided and immature. And you should know better, imho.

'In 1996'

Indeed. This is what made GEI so good. Free speech. Dont bury that like your home country has done/is doing. 'So as not to distract others' is a euphemism, is it not?

why?

... I am sad. Ah well, Vincent van Gogh's The Cafe Terrace on the Place du Forum stands as one of the painter's most remarkable works. It is also, without question, one of the most famous produced in Van Gogh's brief but prolific career.

== post copied to Old Gold thread ==

Understand, Schäuble is no idiot. He knows that there is no way Greece would go for this. So his comment can only be seen as an attempt to incite a Greek backlash while also winning political points in Germany. :lol:

It's probably too late to say this but BE CAREFUL. This is how Hitler behaved and then he lost all his best Generals who realized he was insane. Hitler ended his days defeated in his bunker...or was it Argentina? Re. GF he has always given good advice and opinion. Your silly comments brought out his sharp tongue. You will feel the loss, i feel. You have a load of rumour, unexpanded on 'detail' and hearsay. He only ever produced the facts in the pure light of logic and reason: the German tradition. You have been seduced by a load of conspiracy clap and it has clouded your good judgement, which used to be razor sharp. All IMHO from one friend to another.

I've always found this advice incredibly useful, especially as I get older: When you are in a hole, stop digging. For weeks now, months actually, you have been at odds with everyone else not vice versa. You have a personal thing about Jim Sinclair, (whether you see it or not) which is fair enough. He's not exactly David Morgan or even Doug Casey. But you say you have 'information' but you can't go into 'detail'. That's like fighting a man that doesnt have a weapon. If you think the posters on the old thread are a bunch of losers then so what? You dont have to wind them all up. I think you do yourself a great disservice. I also think the majority think so to. Come on, loosen up!

WTF you have binned the gold thread??? 27 million views or something?? That's more than the rest of the site put together? Are you out of your mind?