Silent reader

Here are a few things that I have picked up from FSN/Goldseek radio etc, over the last year or so,that might help.

 

Central Banks start to protect their currencies by raising interest rates significantly (most probably to double digits).

 

M3 money supply falls for several months in succession. There are shadow stats and people such as the Goldseek radio crew keep a constant watch on them. They have promised to let people know when they believe that the Gold bull run is nearing the top.

 

The Gold market moves into the mainstream and goes balistic (I think that if/when this happens I will stop buying and start to sell in increments)

 

I heard someone say "don't try to trade the last 10% at the top of the market". Get out whist you are in profit.

 

Thanks for your reply

I fully concur with the "mainstream aspect" there really doesn't seem to be much reported in both TV news and Newspapers about the price of gold, but what does consern me is with the money supply figures being hidden, how reliable are these shadow stats ? do you know how they source this information ?

Blimey, looks like the posts per day ratio at GEI (3 days 43pages) has quickened up just a tad.

I'm very glad to see some of the more respectable names from HPC, (my personal opinion of course) Pluto & Goldfinger over here on GEI as the only thread I visited on HPC was the gold thread, even though i never posted in it, i always read it with great interest and very much enjoyed the posts and rocket pictures, but it was always hard to keep pace.

I am only invested in Gold and Silver Bullion coins at present, and adding to my collection every time a price dip occurs (not that there’s been many)

So may I ask these questions.

What signs are you looking for that would signal to you that a top in the gold price is in place ?

Obviously de-flation has got to be key here, and if I’m correct the £20 note is one of the most produced banknotes currently in circulation. for those outside of the UK the bank of England is currently circulating 2no. different £20 notes. But nobody seems to know when the "old style" £20 note is going to be pulled out of circulation.

Would the announcement of this must have an effect on the gold price as this must surely be seen as "actual deflation"

http://www.bankofengland.co.uk/banknotes/noteissue.pdf

does anyone else know if this situation is happening in other currencies, IE: is there 2 different types of $100 bill in circulation maybe showing 2 different "dead presidents" ?

Also, after listening to the latest FSN and the "Gold round table" Money supply was being mentioned quite a bit, with the removal of the M3 figures, is this just the figures for the USD$ or have the M3 figures been removed for ALL currencies ? and would this also confirm that the above weblink only shows data up to Feb 2006 ?

Sorry about the multiple questions here, but I’m still fairly novice in these sorts of matters, so go easy folks

SR