Goldilocks Posted March 15, 2008 Report Share Posted March 15, 2008 Makes me wonder...What are the best search terms? I can put them into GEI's keywords "Gold thread" "Gold chat" ...? what else? Gold investment discussion, i think lots of people will " google gold investments over the next couple of years, that should put you at the top of the search engine. goldie Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 15, 2008 Author Report Share Posted March 15, 2008 Just came back from a party. People start approaching me more and more chatting about collapsing banks, house prices and the rise of gold. The message is getting out more and more. Today was very interesting for me, because I observed such a high interest in these topics from people who seemed to be a little more passive before. Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 15, 2008 Author Report Share Posted March 15, 2008 Here is one. Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 15, 2008 Author Report Share Posted March 15, 2008 And another one. Hmm, no, sorry. It does not allow more than 64kb. Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 15, 2008 Author Report Share Posted March 15, 2008 Updated: http://gold.approximity.com/gold-silver_watch.html Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 15, 2008 Author Report Share Posted March 15, 2008 I can't help but to note again: This is a much more sustainable move than it was back in 2006. Much flatter on the log-scale. I do not expect a 2006-ish style correction. Link to comment Share on other sites More sharing options...
Goldilocks Posted March 15, 2008 Report Share Posted March 15, 2008 Just came back from a party. People start approaching me more and more chatting about collapsing banks, house prices and the rise of gold. The message is getting out more and more. Today was very interesting for me, because I observed such a high interest in these topics from people who seemed to be a little more passive before. Great day for a party, i hope you endeared them all with the rise of gold. It's funny about people talking about the collapse of banks/house prices, about September a guy i know was wanting to buy a council flat in a sh*thole of an estate at about 145k( estates agents call them apartments here)and i started ranting about the coming recession,and banks collapsing, and that houses will fall 50% or more over the next few years and i got the feeling he thought i was a doom merchant, i wonder did he take that advice i give him?? Most people i talk to know it is going to be bad, but a few property investors i talked to reckon it will be ok after this summer, it was like talking to John Nadler Kitco's gold analyst that gold was going to the moon, no point Link to comment Share on other sites More sharing options...
drbubb Posted March 15, 2008 Report Share Posted March 15, 2008 There is really only one GEI, but the way you enter this website can make a difference You may have trouble logging in or registering, if you enter through: www.GlobalEdgeInvestors.com Try entering, and signing in through: http://www.GreenEnergyInvestors.com YOU MAY FIND that works better Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 15, 2008 Author Report Share Posted March 15, 2008 The DOW is moving into a very dangerous zone IMO. Link to comment Share on other sites More sharing options...
Pluto Posted March 15, 2008 Report Share Posted March 15, 2008 It seems the Times has jumped on the bandwagon trying to predict which bank is gonna to go kapput next. It won't be long before the masses start to demand their lolly back so they can hide it under their mattress. Greenspan was right, there is only one safe haven, and this is Gold. http://business.timesonline.co.uk/tol/busi...icle3556815.ece Yesterday, traders began to look anxiously at the robustness of Lehman Brothers, which, although bigger than Bear, is small compared with JPMorgan Chase, Morgan Stanley and Citigroup. Link to comment Share on other sites More sharing options...
Goldilocks Posted March 15, 2008 Report Share Posted March 15, 2008 I would have thought all this bailing out Bear Sterns via JP Morgan and brokered by the fed etc ,and bush going on tv today as well as the nervous looking Bernake ,really gold should have went up a lot further up like $1050 at the very least. Link to comment Share on other sites More sharing options...
Pluto Posted March 15, 2008 Report Share Posted March 15, 2008 This is warning to all those domiciled in the UK or have UK financial interests. Those with heart conditions please sit down before opening link as news like this could cause you to go into pulmonary arrest. http://www.telegraph.co.uk/money/main.jhtm...5/cnbear315.xml British lenders such as Alliance & Leicester and Bradford & Bingley are already struggling with high funding costs and the knock-on effect from Bear could lead to further liquidity problems, analysts said. A&L has already put the cost of the credit crunch on its funding at £150m. Mark Thomas, an analyst at Keefe, Bruyette & Woods, said: "Clearly international banks are not happy lending to each other and this event will crystallise that caution. Liquidity will get worse." Liquidity problems caused the crisis at Northern Rock, but analysts stopped short of suggesting Bear's problems would lead to a repeat. Link to comment Share on other sites More sharing options...
drbubb Posted March 15, 2008 Report Share Posted March 15, 2008 The DOW is moving into a very dangerous zone IMO. i think i get it: a key support level has been broken. but can you say more? Link to comment Share on other sites More sharing options...
Pluto Posted March 15, 2008 Report Share Posted March 15, 2008 Before the credit crunch I would search the internet looking for bad financial news to support my gold position - articles were few. Today I find myself searching the internet for some positive article to counter all the bad financial news - articles are non-existent. We're about the enter another phase of the credit crunch. This is the phase when folk start the question everything they are told from the media and government. Today CNBC reported that the CPI figures had dropped - every reporter on CNBC wanted to know where the fed did their grocery shopping and filled up their cars with petrol. The lies and spin are ridiculed by everyone. This is a new phase. Link to comment Share on other sites More sharing options...
drbubb Posted March 15, 2008 Report Share Posted March 15, 2008 Most people i talk to know it is going to be bad, but a few property investors i talked to reckon it will be ok after this summer,it was like talking to John Nadler Kitco's gold analyst that gold was going to the moon, no point They are complacent fools Link to comment Share on other sites More sharing options...
CIGA Posted March 15, 2008 Report Share Posted March 15, 2008 OK, as a celebration of this day, a little montage for you.I hope you like it. And a big thank you to DrBubb for having us all here. Comrades In Golden Arms (CIGA) - May we travel safely and happily together. Brilliance! Link to comment Share on other sites More sharing options...
CIGA Posted March 15, 2008 Report Share Posted March 15, 2008 (The MOST IRONIC POST ever, from a GHPC thread ): QUOTE (Time to raise the rents. @ Mar 15 2008, 12:20 AM) Ah yes, the luxury of having been right means time and money to do as one pleases. On the other hand, the pain of having been wrong means endless toil to repay ones mistakes. I personally don't know how you bears find the time to post so relentlessly, like the undead - standing firm at all costs. Oh yes, it's because half the time is stolen from your employers...... UNQUOTE LOL This could be one of the most ironic posts ever- on this -the most ironic thread for it: TITLE : "Now gold is hit hard : Don't panic DrBubb..." - And the above TTRTR items was posted just as Gold surpassed $1,000 !! Very well done, TTTTK!! (Time To Toss The Keys) You are "fiddling while Rome burns'. Better get out and sell those massively overvalued properties before they slide even further towards their real values Talking about Rome Jim Puplava (financialsense.com) is studying the Roman Empire and it's demise I have a feeling he will be pulling out some similarities to the dolllar and present time over the next few weeks. Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 15, 2008 Author Report Share Posted March 15, 2008 i think i get it: a key support level has been broken. but can you say more? Yes, that's basically what I think. Just my opinion, but I think what was major support for a while (12,000) will now turn into major resistance. But for that to be confirmed, I would like to see a more pronounced move below 12,000, say, to 11,500, a level you have mentioned before. After that, I would expect people to sell into anything close to 12,000. Link to comment Share on other sites More sharing options...
drbubb Posted March 15, 2008 Report Share Posted March 15, 2008 And another one. Hmm, no, sorry. It does not allow more than 64kb. Try using : http://www.imageshack.us / to save charts Link to comment Share on other sites More sharing options...
drbubb Posted March 15, 2008 Report Share Posted March 15, 2008 Talking about Rome Jim Puplava (financialsense.com) is studying the Roman Empire and it's demise I have a feeling he will be pulling out some similarities to the dolllar and present time over the next few weeks. haha. Okay, maybe I should have said: TTRTR is "fiddling while Home burns" Link to comment Share on other sites More sharing options...
drbubb Posted March 15, 2008 Report Share Posted March 15, 2008 What are the best search terms? I can put them into GEI's keywords "Gold thread" "Gold chat" ...? what else? Gold investment discussion, i think lots of people will " google gold investments over the next couple of years, that should put you at the top of the search engine. goldie "gold freewheeling" has GEI as the top link now/ But I will try re-titling this thread as you have suggested Link to comment Share on other sites More sharing options...
Rikk03 Posted March 15, 2008 Report Share Posted March 15, 2008 Is a margin of £25 on a Krugerrand when selling a good price - normal? This place - dealer - in B'ham is buying for that - £25 below spot. Link to comment Share on other sites More sharing options...
marmite Posted March 15, 2008 Report Share Posted March 15, 2008 Is a margin of £25 on a Krugerrand when selling a good price - normal? This place - dealer - in B'ham is buying for that - £25 below spot. Probably about right .......5% of 493 afternoon fix = £24.65 You can shop around but you always have to weigh up the cost of travelling to find a better deal. You could sell on ebay for spot+ but take into account your ebay/paypal costs if you go down that route. Link to comment Share on other sites More sharing options...
marmite Posted March 15, 2008 Report Share Posted March 15, 2008 Is a margin of £25 on a Krugerrand when selling a good price - normal? This place - dealer - in B'ham is buying for that - £25 below spot. Coininvest have the following prices quoted Krugerrand 1 Ounce 2008 31.10 Gramm BUY £497.62 SELL £524.43 I dont know how you actually go about selling to them tho and this price is also for a 2008 coin and not random year. Link to comment Share on other sites More sharing options...
sylvester Posted March 15, 2008 Report Share Posted March 15, 2008 Are the journo's at the Dominion Post (national newspaper in NZ) reading the Gold Thread? http://www.stuff.co.nz/dominionpost/4440072a6479.html The economy is being hit by a perfect storm that will probably blow it into recession, the Bank of New Zealand warns. "We are becoming increasingly convinced that the New Zealand economy is heading for recession," BNZ economist Stephen Toplis says. "In fact, it may already be there." Link to comment Share on other sites More sharing options...
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