Jake Posted March 14, 2013 Report Share Posted March 14, 2013 Today, silver is about 20 GBP per oz (minus the 20%tax) So 1000oz is about 20k. 10,000oz of silver, on the other hand, is about 200,000. When Dom wrote the article above silver was about half what it is today (post 2008/9 crash), so I understand those figures. I just dont understand what he said to Ned Naylor Leyland in 2011: '''did you know that in 1980, when silver went to 50 USD per oz, you could buy the average UK house for less than 10,000oz of silver...I think it was even closer to 5000oz at one stage''. I also don't know why Ned didn't pick him up on that because the interview (he) was pretty sharp. As I said maybe I am missing something stupid? Either way it is a good time for a follow up on the silver to house price story. Ditto gold to house prices. Silver and gold have come off a fair bit and it may give Dom the opportunity to give his hecklers a bit of slack. Mars bars and all that...whilst holding onto his oz's and waiting for the tables to turn again. (or utterly collapse). Link to comment Share on other sites More sharing options...
frizzers Posted March 14, 2013 Report Share Posted March 14, 2013 Thanks Jake - all comments noted. I'll do something on that story soon. Meanwhile here's another interview - with an anti-mining environmentalist [media]http://media40.podbean.com/pb/c0f36d937e29147a709cea27cba3e177/5142179b/data2/blogs1/2516/uploads/2013-03-12-GMY-DF-E-105.mp3[/media]: Mining In The Colombian Amazon Dominic Frisby talks to Martín Von Hildebrand, General Director of Gaia Amazonas, about mining in the Colombian Amazon. They discuss illegal mining and its consequences, the lack of clarity from the Colombian government on mining and the dilemma of modernisation and its effects on the cultural integrity of indigenous people. Martin Von Hildebrand is the director of Fundación Gaia Amazonas, which he set up in 1990 to work with the indigenous people of the Amazon areas in Colombia, to help them secure their territorial rights and protect the forest. He first visited the Amazonian Indians in the 1970s and has ever since been an activist for indigenous rights, cultural and ecological diversity , working in both government and non-government organizations. In 1986 he became Head of Indigenous Affairs under the government of Virgilio Barco. He has doctorate in ethnology from the Sorbonne in Paris and has won many awards including the Skoll Award for Social Entrepreneurship. This podcast was recorded on 12 March 2013. It can also be heard at Goldmoney - the best way to buy gold and silver. Link to comment Share on other sites More sharing options...
Jake Posted March 15, 2013 Report Share Posted March 15, 2013 Thanks Jake - all comments noted. I'll do something on that story soon. Thanks CC. Any chance of bringing Nick Laird back for another podcast? Be very nice to get his feelings on whether we are any nearer to the end of the longwave bottom or it having been postponed a little longer still...or we totally missed it when gold was 1900USD. Link to comment Share on other sites More sharing options...
frizzers Posted March 15, 2013 Report Share Posted March 15, 2013 Hoping to get him back on soon Link to comment Share on other sites More sharing options...
frizzers Posted March 15, 2013 Report Share Posted March 15, 2013 Another one for you ... John Kay on Obliquity, banking and money http://media57.podbean.com/pb/5cb27b8207477455a58ed647fe641a00/51435e78/data2/blogs1/2516/uploads/2013-03-14-GMY-DF-E-106.mp3 Dominic Frisby talks to John Kay, one of Britain’s most respected economists and author of Obliquity - Why our goals are best achieved indirectly. As well as discussing the philosophy behind the book, in the second half of the programme they discuss banking regulation and systems of money. Full of thought-provoking ideas, the final discussion surrounding the financial system should give all listeners plenty of food for thought. John Kay's career has spanned academic work and think tanks, business schools, company directorships, consultancies and investment companies. He is a visiting Professor of Economics at the London School of Economics, a Fellow of St John’s College, Oxford, the British Academy and the Royal Society of Edinburgh. He is a director of several public companies and contributes a weekly column to the Financial Times. Click here to buy Obliquity. This podcast was recorded on 14 March 2013. It can also be heard at Goldmoney - the best way to buy gold and silver. Link to comment Share on other sites More sharing options...
Perishabull Posted March 15, 2013 Report Share Posted March 15, 2013 Obliquity, sounds fascinating, thanks for posting. Link to comment Share on other sites More sharing options...
Jake Posted March 19, 2013 Report Share Posted March 19, 2013 A few flashes of truth in an otherwise blinkered interview and defender of the system we have. Was Mr Kay somewhat inebriated in this interview or simply uneducated on the questions you proffered? I don't like the dismissive approach but a perusal of the career to date clears up that query. Shan't be buying the book. Enough obliquity round my way as it is... Link to comment Share on other sites More sharing options...
Jake Posted March 19, 2013 Report Share Posted March 19, 2013 Main Entry: oblique Part of Speech: adjective Definition: slanting; at an angle Synonyms: angledaskanceaskewaslantasymmetricalawrybentcater-corneredcrookeddiagonaldistorteddiverginginclinedincliningleaningon the biaspitchedpitchingsidewaysskewslantedslopedslopingstrainedtiltedtiltingtippedtippingturnedtwisted Link to comment Share on other sites More sharing options...
Jake Posted June 18, 2013 Report Share Posted June 18, 2013 Is it time to bring Robert Prechter back on to update is 2010 interview? (Nick laird must be on sabbatical...) Link to comment Share on other sites More sharing options...
drbubb Posted June 18, 2013 Author Report Share Posted June 18, 2013 News re Book ? Link to comment Share on other sites More sharing options...
frizzers Posted September 4, 2013 Report Share Posted September 4, 2013 A rare thing ... An interview ... With Dr John Wolstencroft. http://media6.podbean.com/pb/6efc31e765bf456ad945fb26cfeb4091/52273649/data2/blogs1/2516/uploads/Wolssep13.mp3 http://media6.podbean.com/pb/6efc31e765bf456ad945fb26cfeb4091/52273649/data2/blogs1/2516/uploads/Wolssep13.mp3[/media]"]Download here Link to comment Share on other sites More sharing options...
notanewmember Posted September 4, 2013 Report Share Posted September 4, 2013 Great interview - the information is literally "gold"! I am also impressed with the Dr being able to quote the global demand for palladium. I couldn't find anything current, Wiki said 300 tonnes in 2006 which is about 8m Troy ounces! If we believe the gold bull market isn't dead - then we will be bamboozled by the upside in gold as we have been on this downside. $10,000.... maybe next year Rodders! Link to comment Share on other sites More sharing options...
drbubb Posted September 5, 2013 Author Report Share Posted September 5, 2013 A Good interview from Dr John W.: MP3 : But some DID get it right long ago (not me, sadly.) Bruno, from the HK Hedge Fund said: "It will go to $1200, and then bounce back quickly, when it was at $1600." GLD / Gold - etf for Gold ... update I was right about Gold in some small ways: + Saying the 100wk (480d) MA would be important, if broken, (I thought it would hold) + Saying that Fibonacci support (at $1186) could be a bottom, just as we were hitting it But even with that, I bought a nice chunk of Gold at $1200*, but not as much as I should have. As JW: "Some humility is a good thing", and many will have learned that from this move. === *Please see my Diary for the day of the Low in late June : Highlighting an image and a comment ... / End of June's DrB's Diary LET'S HOPE he has not forgotten how to fly upwards, TOWARDS THE SUN... Sinclair's angel needs to get re-oriented FIBO MAGIC ? There are a number of important Fibo relationships which may be kicking in here: + GDX has bounced off a 50% level. The most recent high was $55 back in Oct.2012 (?) and this week, it has bounced off $22.50, which is half that. Since it hit that level, gold stocks have stabilised, and drift a bit higher as Gold drifted lower. + Gold's Sept. 2011 high was $1921, if you take a fibonacci 61.8% of that you get: $1921 x 61.8% = $1,187 This could be (approx.) where this drop stops. + Another nearby support level might be determined by the following calculation. Starting with the Jan. 1980 high, and multiplying it by a fibonacci 1.3812. Here we go: $850 x 1.3812 = $1,174 + The mid-point of these two Fibonacci numbers is $1,180.5, and the low in Asia Trading today was $1,182 per oz. Fingers crossed, since I bought an "interesting" amount of Gold today. Link to comment Share on other sites More sharing options...
notanewmember Posted September 5, 2013 Report Share Posted September 5, 2013 I've had a look at the Palladium chart, I 've not looked at it in over 2 years. It did me well through 2009 - the first few posts on ADVFN Palladium thread are still there, but it is a very quiet thread - http://uk.advfn.com/...p3?id=14268541. I never got into the physical, as the buy/sell spread was big at a well known London dealer. And there was the VAT too. If it can close above $800, then I will be looking closely at it again and be a buyer. It needs to consolidate for a bit longer I think - right now it is at $685/Toz. Link to comment Share on other sites More sharing options...
Jake Posted November 6, 2013 Report Share Posted November 6, 2013 Nice bit of work on the Four Horsemen! Link to comment Share on other sites More sharing options...
frizzers Posted November 11, 2013 Report Share Posted November 11, 2013 Thanks - although that left a rather bitter taste with me.Moving on ... we have a new interview with Brian Whitmer, editor of Elliott Wave International's European Financial Forecast. Brian is bearish on stocks, bullish on cash. Download here. [media]http://media69.podbean.com/pb/ad2cacd04e2ca1e37ac4c6f857fb8d09/52812cdd/data1/blogs1/2516/uploads/whitmer.mp3[/media] Link to comment Share on other sites More sharing options...
frizzers Posted November 18, 2013 Report Share Posted November 18, 2013 This week we self-interview ... http://media63.podbean.com/pb/a835eb0ee2a4af6bb70f9ea9086b3b50/528a0a51/data1/blogs1/2516/uploads/LifeAfterTheStatePrologueforFBB.mp3 Dominic Frisby reads from his book Life After The State. Download MP3 here. Please click here purchase the whole audiobook via Paypal. You can also buy it with Bitcoin.Read the testimonials. http://commoditywatch.podbean.com/2013/11/15/life-after-the-state-audiobook/ Link to comment Share on other sites More sharing options...
drbubb Posted November 18, 2013 Author Report Share Posted November 18, 2013 I have started it, and I am enjoying the book + It has some serious points to make, and + It tells the story well, in an interesting way I recommend people get hold of a copy, an original copy Link to comment Share on other sites More sharing options...
notanewmember Posted November 21, 2013 Report Share Posted November 21, 2013 I have just ordered one, just to see if my HPC posts might be in there! Link to comment Share on other sites More sharing options...
notanewmember Posted November 22, 2013 Report Share Posted November 22, 2013 This week we self-interview ... http://media63.podbean.com/pb/a835eb0ee2a4af6bb70f9ea9086b3b50/528a0a51/data1/blogs1/2516/uploads/LifeAfterTheStatePrologueforFBB.mp3 Dominic Frisby reads from his book Life After The State. Download MP3 here. It is well worth listening to the prologue. --- I was in a Tesco Extra on the outskirts of Southampton the other day (Basically the biggest supermarket in town), which I hadn't visited in over ten years. I am used to shopping for my small set of basics in a smaller Tesco nearby or Asda, or sometimes Lidl. I felt in awe about the size of the place of the Tesco Extra - it was a mecca of choice. I was saying to Mrs Notanewmember - "We live in the land of plenty". The logistical process of maintaining that place must be rocket science. Not only they kept every herb and spice, there would be 3-4 different brands of each herb and spice. There would be the basic economy brands, the medium class brands, and premium brands, and brands in between. The choice of toilet rolls was bewildering - there was probably over 20. Vitamin E added toilet rolls, scented, coloured, quilted etc. In contrast if you visit a Lidl, which is winning market share, hand over fist (a sign that the middle class are poorer and are visiting Lidl). They are cheaper, and the business is leaner and no nonsense. But they only keep the bare basics. There are only about 3 choices of toilet roll. Someone once said, Lidl is what the UK would be like if Communism won. Tesco Extra was just like the other end - the extremes of capitalism and free choice. I strongly recommend visiting a Tesco Extra, and then a Lidl to get a grasp of both polar opposites whilst we can! Government intervention has pulled this country into two markedly. We are in a period of great change, like Dominic mentions, the NHS, Job security, etc. We are hearing that students in the UK are turning to prostitution to pay for their tuition fees. My tuition fees cost £1000 per year ten years ago. Now it would cost £9000 per year. Learn from history and others around the world, to sail your small boat through the rough seas. Link to comment Share on other sites More sharing options...
notanewmember Posted November 24, 2013 Report Share Posted November 24, 2013 Hurrah! My book arrived. --- I think if we don't see change in the "money", it is wise to look at countries around the world and see how one could have prospered (if you don't want to emigrate) if one chose to remain in that country after a great change. For example in Cuba, you could have bought rental properties to earn dollars - although one needs to look closely in how to avoid expropriation. Hard assets look to be safe performers too - I guess people still need to eat, and use raw materials. Link to comment Share on other sites More sharing options...
frizzers Posted February 5, 2014 Report Share Posted February 5, 2014 Gold price manipulation? http://commoditywatch.podbean.com/2014/02/05/dimitri-speck-gold-price-manipulation-and-the-gold-cartel/ Dimitri Speck Gold Price Manipulation And The Gold Cartel http://media67.podbean.com/pb/36c4fd934146e79114e9f006e278a90a/52f23fd2/data1/blogs1/2516/uploads/speck.mp3 In today's programme I talk to Dimitri Speck about gold price manipulation and his new book The Gold Cartel: Government Intervention In Gold, the Mega-Bubble in Paper, and What This Means For Your Future. Dimitri Speck is a commodity analyst and chief developer of trading strategies for asset manager Staedel Hanseatic, where he is responsible for the Stay-C commodity fund. Visit Dimitri's website, Seasonal Charts. Link to comment Share on other sites More sharing options...
nixy Posted February 9, 2014 Report Share Posted February 9, 2014 Gold price manipulation? Well yes, it has to be manipulated. Can you imagine the consequences of NOT manipulating? Just as LIBOR had to be manipulated. Once TPTB start interfering with destroying markets, they simply can not stop. Of course, QE is itself 'market' (interest rate) manipulation. Markets are dead for the time being. Link to comment Share on other sites More sharing options...
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