Jake Posted October 21, 2012 Report Share Posted October 21, 2012 UK Property (in Gold) is still in a clear downtrend : /source: http://gold.approxim...old_charts.html Calculation : xx HPC must hate this beautiful chart! Link to comment Share on other sites More sharing options...
drbubb Posted October 22, 2012 Report Share Posted October 22, 2012 HPC must hate this beautiful chart! You can post it there if you like. Please give us the link to the thread, since I would like to see the reaction Link to comment Share on other sites More sharing options...
romans holiday Posted October 22, 2012 Report Share Posted October 22, 2012 HPC must hate this beautiful chart! The log chart is less despairing; the slump in value looks only two thirds complete instead of near fully complete. A good example of the need for logarithmic scale. http://gold.approxim...d_LOG_GUESS.png Link to comment Share on other sites More sharing options...
drbubb Posted October 22, 2012 Report Share Posted October 22, 2012 Here it is: (as posted here previously by GF): Link to comment Share on other sites More sharing options...
electroweak Posted October 22, 2012 Report Share Posted October 22, 2012 The log chart is less despairing; the slump in value looks only two thirds complete instead of near fully complete. A good example of the need for logarithmic scale. http://gold.approxim...d_LOG_GUESS.png After years of staring at linear, semi-log and log-log plots (not just financial charts) I can quite easily judge the proportional change you (and I) expect from here from just a linear chart. (you are a semilog-nazi, RH!!!!!) Plus, I can see on a linear chart that the actual change in Gold/Houses has moved well off it's extreme value, that much of the *magnitude* of the move is over. Link to comment Share on other sites More sharing options...
callmejoe Posted October 22, 2012 Report Share Posted October 22, 2012 http://www.zerohedge.com/news/2012-10-22/german-court-demands-bundesbank-audit-sovereign-gold-holdings German Court Demands Bundesbank Audit Sovereign Gold Holdings Link to comment Share on other sites More sharing options...
romans holiday Posted October 22, 2012 Report Share Posted October 22, 2012 After years of staring at linear, semi-log and log-log plots (not just financial charts) I can quite easily judge the proportional change you (and I) expect from here from just a linear chart. (you are a semilog-nazi, RH!!!!!) Plus, I can see on a linear chart that the actual change in Gold/Houses has moved well off it's extreme value, that much of the *magnitude* of the move is over. Ha ha, but you'd have to agree that a glance at the linear would tell most that they have completely missed the train as far as houes/ gold, or for that matter, pound/ gold goes. A glance at the log chart tells quite a different story; there is still quite good gains to be made from buying gold even here at this stage of the game. No doubt redundant to say, this is because the log chart over the longer term shows the real comparative value in terms of percentages. I am not completely averse to linear charts; they are fine for the short term. Link to comment Share on other sites More sharing options...
electroweak Posted October 22, 2012 Report Share Posted October 22, 2012 Ha ha, but you'd have to agree that a glance at the linear would tell most that they have completely missed the train as far as houes/ gold, or for that matter, pound/ gold goes. A glance at the log chart tells quite a different story; there is still quite good gains to be made from buying gold even here at this stage of the game. No doubt redundant to say, this is because the log chart over the longer term shows the real comparative value in terms of percentages. I am not completely averse to linear charts; they are fine for the short term. I think I agree that it's easy to miss the relative values looking at a linear plot, but I do think that good 'data-interpreters' would still see it. No offence intended, btw. - i was only being a bit tongue-in-cheek. Link to comment Share on other sites More sharing options...
callmejoe Posted October 22, 2012 Report Share Posted October 22, 2012 http://www.zerohedge...n-gold-holdings German Court Demands Bundesbank Audit Sovereign Gold Holdings Sounds like there may be some irregularities http://www.rumormill...mes;read=257363 Germany’s court of Audit gets suspicious as Germans not getting access to check gold reserves abroad! ..... 66 percent of the inventory is stored in an underground depot of the Federal Reserve Bank of New York, 21 percent stored at Bank of England in London and eight percent at the Banque de France in Paris. Only five percent are located in Germany. Reason enough to take the CDU deputies Philipp Missfelder and Marco Wanderwitz, to check the German gold reserves abroad. In February Mißfelder had visited the Federal Reserve Bank, now he wanted to arrange a meeting with his colleagues in Paris and London - and failed in all 3 attempts. I could have told them that. Mind you, even if they manage to show those guys the gold bars, how can the auditors be sure that they are not filled with tungsten or perhaps temporarily 'borrowed' from other owners just for show while they are in town? If they get shown the bullion, they should insist on taking them back with them to Germany...... and then drilling a few holes in all the bars. Link to comment Share on other sites More sharing options...
drbubb Posted October 23, 2012 Report Share Posted October 23, 2012 BvScherff* (& his cronies) may have stolen it *Real name Link to comment Share on other sites More sharing options...
Jake Posted October 23, 2012 Report Share Posted October 23, 2012 Humorous article here; http://goldnews.bull...-rock-091120126 ''. The Bank of England's Mervyn King stared into the abyss and declared himself very afraid, Hank Paulson held Congress to ransom – a trillion dollars right now or all your cash machines go offline. Wow, this is Bruce Willis territory. But okay, now you have my attention. Bloomberg suddenly got interesting, it was like watching a soap. My wife told everyone I was going insane. I started shouting at the TV, at Barney Frank, Chris Dodd, that weird Californian woman eyeing up Hank's bazooka. Congress folded before the flop, and before you could say ABC we had TARP, TALF, ALF, everybody was dividing CDOs by SPVs and driving an SUV. The dust settled and Bear Stearns was no more, Lehman was handed to JPM. Northern Rock, RBS and half of Lloyds were toast. Game over. Problem solved. Right?''... ... I found out about ETFs, coins, bullion banks, gold leasing and GOFO rates, Roosevelt's confiscation, Kennedy's exec order, Nixon's gold window, the London Gold Pool, the Washington Agreement, unallocated accounts (their assets, your liability – Jeez, these banksters are something else). I read about allocated gold, privately held outside of the banking system. I made a decision. There's a full-on crisis that is not going away, what's the best way to protect myself? I may not be George Soros, but I'm not an idiot. Hell, the Germans had got gold, the Spanish had done it, the Romans did it, the Egyptians did it, the Assyrians did it, the Chinese, Russians and Indians are still doing it – can't argue with that kind of history. The only wild card in 5,000 years of gold hoarding was Gordon Brown – but as we know, Gordon is a moron. So I bought gold and five years later, a 300% increase. Barbarous relic, pays no interest. But it's a better return than any deposit, CD or money-market account.'' Link to comment Share on other sites More sharing options...
halight Posted October 24, 2012 Report Share Posted October 24, 2012 Do they know something we don't? Germany insists on regular checks on gold held in foreign vaults Read more: http://www.dailymail...l#ixzz2ACCAzGF3 Follow us: @MailOnline on Twitter | DailyMail on Facebook At a moment when many of its crisis-hit eurozone partners are left counting their pennies, Germany is seeking to count its gold bars. The German Federal Court of Auditors have called on for the country’s central bank to carry out a physical inspection of the gold reserves it stores at foreign central banks because the precious metal holdings have never been fully checked. Germany's Bundesbank owns nearly 3,400 tonnes of gold. Like many central banks, it stores part of its reserves in vaults at foreign central banks, including the Federal Reserve Bank of New York, the Banque de France and the Bank of England. Link to comment Share on other sites More sharing options...
Van Posted October 24, 2012 Report Share Posted October 24, 2012 Who said this about Gold: "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Answer: Alan Greenspan... in 1966. Link to comment Share on other sites More sharing options...
halight Posted October 25, 2012 Report Share Posted October 25, 2012 Mr Greenspan should take note of his own advice ! Link to comment Share on other sites More sharing options...
callmejoe Posted October 25, 2012 Report Share Posted October 25, 2012 http://www.sovereignman.com/expat/buying-and-storing-gold-in-singapore-9057/ Buying and Storing Gold in Singapore Link to comment Share on other sites More sharing options...
Vicarious Posted October 25, 2012 Report Share Posted October 25, 2012 Just spotted Mr Frisby chatting about gold on the keiser report. Link to comment Share on other sites More sharing options...
callmejoe Posted October 26, 2012 Report Share Posted October 26, 2012 GERMANY TO REPATRIATE & AUDIT 150 TONS OF GOLD RESERVES FROM NY FED!!! http://www.silverdoctors.com/germany-announces-intentions-to-repatriate-its-gold-from-ny-fed/ Link to comment Share on other sites More sharing options...
Van Posted October 26, 2012 Report Share Posted October 26, 2012 We could have just completed a $1700 double bottom. Link to comment Share on other sites More sharing options...
drbubb Posted October 26, 2012 Report Share Posted October 26, 2012 We could have just completed a $1700 double bottom. I am watching the 8day MA on GLD - GLD-chart A close above it would be a positive indication Link to comment Share on other sites More sharing options...
callmejoe Posted October 26, 2012 Report Share Posted October 26, 2012 http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/25_James_Turk_-_The_Entire_German_Gold_Hoard_Is_Gone.html James Turk - The Entire German Gold Hoard Is Gone Now, why am I not surprised? Link to comment Share on other sites More sharing options...
drbubb Posted October 27, 2012 Report Share Posted October 27, 2012 Just spotted Mr Frisby chatting about gold on the keiser report. Link? Link to comment Share on other sites More sharing options...
Perishabull Posted October 27, 2012 Report Share Posted October 27, 2012 Link? http://www.youtube.com/watch?v=RjQu9qFpStw&t=13m20s 13 mins 20 secs Link to comment Share on other sites More sharing options...
frizzers Posted October 27, 2012 Report Share Posted October 27, 2012 Dr Bubb, What do you make of this chart ? - http://stockcharts.com/h-sc/ui?s=$GOLD:$XBP&p=W&yr=14&mn=0&dy=0&id=p94301476933 Shades of 2006-7 ? Or the end of the bull market? Link to comment Share on other sites More sharing options...
drbubb Posted October 27, 2012 Report Share Posted October 27, 2012 If support holds (as I expect), it could shoot up to new highs, and beyond Link to comment Share on other sites More sharing options...
callmejoe Posted October 28, 2012 Report Share Posted October 28, 2012 http://www.zerohedge...its-london-gold Why Did The Bundesbank Secretly Withdraw Two-Thirds Of Its London Gold? ..... Buba reclaimed 940 tons, reducing its BOE holdings from 1,440 in 2000 to 500 in 2001 allegedly "because storage costs were too high." .... it also came as the Bank of England was selling off most of Britain's gold reserves – at market lows – on orders from Gordon Brown..... ..... the Bundesbank may have withdrawn its bullion in self-protection since it did not, apparently, have its own specifically allocated bars in London. "They may have decided that the Bank of England had lent out too much gold, and decided it was safer to bring theirs home..... Link to comment Share on other sites More sharing options...
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