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dom

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Everything posted by dom

  1. Here's your chance, Bill has just logged in. Click my sig.
  2. It's easier to click the link in my sig. However, if you want to argue the case for a gold standard, register and post away. Should be a good scrap if some of the heavyweight here get involved.
  3. But well worth the effort whether you agree with him or not.
  4. Hey, that "good" money is worth more bad money than it was yesterday! Bill don't like gold too much, find out why.
  5. Who's got short positions on US treasuries?
  6. I watch the COT and open interest reports. In my experience, when they show extremes, like now, it is always followed by a big move. We will see a breathtaking rally in the next few weeks. 100% guaranteed
  7. You can play that game with anything - it's meaningless. I have a 1981 Volvo 244dl sitting in the field. There's not many left in the world and they aren't making anymore. I could use your methodology to value it but it would be futile if I wanted to sell. "They" produce arbitrary amounts of everything, so watch out? I have no interest in either, unless to short when the time comes. It some gold owners who appear more concerned.
  8. And the money will come from where? Why the interest in the nominal value? Does your gold by the same amount of oil, wheat, sugar, land, etc as it always has? Deep irony.
  9. It's been a good £ hedge. I wouldn't put my life's savings in it. However, for those who have, if Bubble Vision start shouting buy, watch out below.
  10. That's the game unfortunately. You have to take it on the chin. If you really want to make a hash of it you'll sell now - don't. The fundamentals haven't changed. My situation. I hold PM within my pension only. I don't care what anyone has to say about paper, so don't bother. I remember the gold bear and if anyone here does they will understand what happens to physical gold. I'm looking at PM's over the next five years. If it doesn't happen then the time span changes to twenty years. I'm not interested in short term volatility other than from the POV of reading posts written by people who've speculated with money they may need in the next five years to catch the bottom of the property market.
  11. He's into the hyper inflationary depression thing. This would mean treasury yields soaring as the debt is dumped. One thing that's still being bought are treasuries - safety play. At some point there will be a very large sell off and subsequent tsunami of dollars that will hit everything tangible - there's the velocity right there.
  12. There is going to be at least one more big institutional implosion. So it might be wise to wait. However, if you've got enough in your margin account then now is as good a time as any to short.
  13. Will the ten year T-note break 120 or should I short it now?
  14. Gold was mentioned on Radio 4 today in the context of "investors looking for a safe haven". I might get back in next month.
  15. I've had this on in the car for a few days. It frustrates me that someone who has the intellect to expose one ubiquitous confidence trick so eloquently can fall completely for another - Christianity. There are a few antisemitic jabs in there too, which concern me.
  16. I'm looking forward to Saturday's FSN. There's been a tension in Jim's voice of late that I've not heard before. I just hope it goes lower so I can buy more.
  17. Ten year T-note has to be the spread short of the day.
  18. Look at the long history of gold backed currency, it's retarded!
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