GOLD

[G0ldfinger]

How many ounces for one of (Hank or John) Paulson's or Gross' suits?

[G0ldfinger]

The big beneficiaries are not going to be gold-bug individuals of the type who post on this thread,

It is all relative, isn't it?

 

it would be institutions that control 1,000's or 10,000's of MT. And if there are institutions out there that control 100,000's of MT of Gold, then they would be the huge beneficiaries.

We gold bugs all know that the central banks will benefit the most from the rise of gold (those who have some, that is). And that is exactly gold's role: recapitalizing the central turds. So, nothing new or even conspiratory here.

 

Personally, I don't find it hard to believe that such institutions have already compromised some (even most) of the gold gurus leading the gold cult.

So, you think Jim Sinclair is an agent for Bernanke? Hmmmm.....

[drbubb]

My plan if we do get all mad max is to get the hell out of here! Right out deep into the countryside. About 10 miles from here my mom and dad have a hoilday place out in the country. Its only small but it will do. I also have friends that live near there too. And there is some safty in numbers.

Is there food in it? Water?

If not, you may not last long there

[drbubb]

So, you think Jim Sinclair is an agent for Bernanke? Hmmmm.....

The NWO elites are capable of playing more than one game at a time.

 

They may even have their minions seemingly pitted against each other, but with an overall plan to enrich themselves.

 

The way the game is set up now, Gold is rising faster than inflation, as it takes on the status of a currency. If the masses can be convinced to ask for a currency linked to gold, then Gold-owning elites will be able to cash their profits at the top, without the price slide we saw after 1980.

 

If those with a few Gold coins are crying for it, the elites will happily achieve their purpose without needing to fire a shot, and without manipulating an election - All thanks to the efforts of their "friends" like Jim Sinclair. The thing is, many on GEI might agree that gold linkage is a good thing, so the efforts of the gold gurus are succeeding already. And it will seem like there is no alternative.

 

Have you looked into the background of JS? Can anyone who writes "dear extended family" be taken seriously? The way he put the $1650 price target out there convinced me that he understands the techniques of mind control*.

 

I also think that Gold will rise over time, given the way the dollar is being managed. But like Ron Paul, I think gold should be an allowed form of currency, not the whole basis of a future currency. Those who have piled up huge holdings of gold, should not be allowed to escape from the future downside in the price, when a more prudent money arrangement is introduced someday.

=== ===

 

*Others have also noticed the way he operates:

JS addressing sheep

 

GF if you trust your intuition, then I have a suggestion: Relax and quiet your mind. Then ask yourself: what drives JS? Think of some of his odd posts and behavior. After a while, you may find yourself agreeing that there is something not quite right with him. BTW, I do not have the same concerns about Jim Turk. I have met him many times, and find him honest and sincere. He is always bullish to gold, but I think it comes from a real conviction, much as I become a skeptic towards anything as it begins to get popular.

 

There is room in this world, and on this website for different points of view, but I do not like seeing people trying to practice mind control, and expecting others to behave like sheep. For myself, my own views tend to be controversial (buying gold in 2001 near $250), and so I will not attract much of a following at those times. By the time others start to follow, I will have begun to move on elsewhere.

[frizzers]

I'm not convinced about using volume as a primary trading tool. I find too often it leads to the wrong decision being taken. Same goes for sentiment indicators.

 

MAs - which Bubb introduced me too (thank you) - are by far and away the winner, as far as I'm concerned. Look how once again it's held at the 144.

 

And I would say they are starting to shape up nicely. A few more weeks / months in this 1700 area and things will be looking very pretty. Sinclair's continued bullishness about gold may be well placed after all, wouldn't you say?

 

[drbubb]

I have been observing the favorable Gold set-up too.

 

And it looks like we could soon have another run-up in the Gold price.

 

A supporting indicator:

+ the continuing Laser beam rally in Gold

 

A contrary indicator:

+ the recent weakness in Copper

 

Let's see if these three can move up (or move down) together next week

== ==

 

Meantime... on FS:

 

Frank Barbera: Gold Stocks Ready for a Strong Advance

[halight]

The NWO elites are capable of playing more than one game at a time.

 

They may even have their minions seemingly pitted against each other, but with an overall plan to enrich themselves.

 

The way the game is set up now, Gold is rising faster than inflation, as it takes on the status of a currency. If the masses can be convinced to ask for a currency linked to gold, then Gold-owning elites will be able to cash their profits at the top, without the price slide we saw after 1980.

 

If those with a few Gold coins are crying for it, the elites will happily achieve their purpose without needing to fire a shot, and without manipulating an election - All thanks to the efforts of their "friends" like Jim Sinclair. The thing is, many on GEI might agree that gold linkage is a good thing, so the efforts of the gold gurus are succeeding already. And it will seem like there is no alternative.

 

Have you looked into the background of JS? Can anyone who writes "dear extended family" be taken seriously? The way he put the $1650 price target out there convinced me that he understands the techniques of mind control*.

 

I also think that Gold will rise over time, given the way the dollar is being managed. But like Ron Paul, I think gold should be an allowed form of currency, not the whole basis of a future currency. Those who have piled up huge holdings of gold, should not be allowed to escape from the future downside in the price, when a more prudent money arrangement is introduced someday.

=== ===

 

*Others have also noticed the way he operates:

JS addressing sheep

 

GF if you trust your intuition, then I have a suggestion: Relax and quiet your mind. Then ask yourself: what drives JS? Think of some of his odd posts and behavior. After a while, you may find yourself agreeing that there is something not quite right with him. BTW, I do not have the same concerns about Jim Turk. I have met him many times, and find him honest and sincere. He is always bullish to gold, but I think it comes from a real conviction, much as I become a skeptic towards anything as it begins to get popular.

 

There is room in this world, and on this website for different points of view, but I do not like seeing people trying to practice mind control, and expecting others to behave like sheep. For myself, my own views tend to be controversial (buying gold in 2001 near $250), and so I will not attract much of a following at those times. By the time others start to follow, I will have begun to move on elsewhere.

 

I dont think that we will ever see money backed by gold. There are just not enough people that really care about what if anything backs there money. Pluss i can not see any goverment giving up there control to expand the money at nearly free will. If TPTB are looking for gold backed money then they are going to have to start a world war of somthing of taht size, then maybe some sort of gold backed money will come out of it the other side.

 

I do belive that we should be able to use gold and sivler in payments for large items. i.e. houses,tax,company payments,cars taht sort of thing. It should be upto us. As iv said only large things, as i can not see it working going to buy your morning paper with a gold coin.

[G0ldfinger]

GF if you trust your intuition, then I have a suggestion: Relax and quiet your mind. Then ask yourself: what drives JS?

Maybe JS is more similar to you than you would like.

 

- You have sometimes (jokingly) referred to the foristas on here as your 'children' (Sinclair: 'extended family') -- What's creepier?

 

- What is YOUR motivation for running this web page and trying to make people stay off gold or make them gamble in it (and the global casino)? -- Sinclair's clear mission statement: wants to protect people and wants them to buy gold as insurance.

 

- Why do you focus on the dark side of the force? I am fed up with all this conspiracy stuff, especially when the openly visible conspiracies are ignored by the same people (the Euro, the leaning against gold, the government Ponzi scheme). [bTW, I am not directing this at you in particular, because I have conspiracy nutbags in the family, too.]

 

- Why do you find a widower with two(?) daughters who runs a gold mine and made a lot of money in the 1980s gold bull so suspicious? Maybe he really just has convictions and wants to help people. He is a little weird, okay, believes in the Sai Baba and maybe has fantasies of almightiness (a disorder many achieved business men may share with him), but so what? Take him with a grain of salt.

[drbubb]

How can you frame it as being so when the conclusion hasn't yet been reached?

 

Perhaps the angels are a freudian slip as opposed to a calculated manipulation.

 

The suit argument has always been pure nonsense since there are many orders of magnitude between a cheap "good" suit and an expensive one, since one's value judgement is likely to be referenced by his financial disposition and the perception of what constitutes a "good" suit is likely to be highly variable.

Sure, there's a huge RANGE in the price of a suit,

which is why the comparison can be made to work going all the way back to Roman times,

when a Gold ounce would have bought a really nice Toga.

 

But the real point is the purchasing power of an ounce of gold is now about the best in history,

so how can one argue that Gold tracks inflation?

 

How many here will be satisfied with their Gold investments if a Gold ounce falls back to its 2001 purchasing power?

[drbubb]

Maybe JS is more similar to you than you would like.

 

- You have sometimes (jokingly) referred to the foristas on here as your 'children' (Sinclair: 'extended family') -- What's creepier?

LOL

Did you miss the fact that my tongue was firmly in my cheek?

I don't know if JS has such a position for his tongue. He is not without humor, but I wonder whether he has a taste for self-irony.

 

- What is YOUR motivation for running this web page and trying to make people stay off gold or make them gamble in it (and the global casino)? -- Sinclair's clear mission statement: wants to protect people and wants them to buy gold as insurance.

 

???

I am trying to develop GEI so it appeals to a "better class" of gold Bull. Those who can see through and get past the cult-like behaviour that Mr S encourages. Do your really think JS wants to PROTECT people? I think he wants to walk them straight into an Illuminati trap. Surely you can see that possibility.

 

- Why do you focus on the dark side of the force? I am fed up with all this conspiracy stuff, especially when the openly visible conspiracies are ignored by the same people (the Euro, the leaning against gold, the government Ponzi scheme). [bTW, I am not directing this at you in particular, because I have conspiracy nutbags in the family, too.]

 

- Why do you find a widower with two(?) daughters who runs a gold mine and made a lot of money in the 1980s gold bull so suspicious? Maybe he really just has convictions and wants to help people. He is a little weird, okay, believes in the Sai Baba and maybe has fantasies of almightiness (a disorder many achieved business men may share with him), but so what? Take him with a grain of salt.

No one forces you to read any of it.

As the year draws on, you may see more and more so-called conspiracy material intrude into what you consider reality. Just this week the Gold-back bonds have once again popped up in the mainstream news. And now we are seeing a rash of top bankers resigning. Before this year is out, I predict that many hear will be thanking me for opening their eyes, just as I did on HPC to the debt crisis. Remember I bought DebtBubble.com well before anyone thought there was a debt problem. And I bought and still own GoldStock.co.uk. Who else do you know, apart from a Marc Faber or Jim Rogers who saw these things so early? I have now jumped ahead of MF and JR in pointing the way towards "disclosure". I may be wrong on this, but just give it another year or so to see what happens.

 

For JS, just look into his family background, and the way he uses Mind control techniques like his $1650 price target.

 

If I met Jim S., I might actually like him, but you have to admit that some of his behavior is creepy.

[halight]

Dr B,

I never knew that GoldStock.co.uk. was one of your site ?

I do look at that site sometimes. Nota lot but its on one of my favorites lists.

 

You say that DebtBubble.com is also one of your site ? in never seem that site before. Ill take a look at it later.

I do have to say that you like to keep yourself busy!

[drbubb]

Dr B,

I never knew that GoldStock.co.uk. was one of your site ?

I do look at that site sometimes. Nota lot but its on one of my favorites lists.

 

You say that DebtBubble.com is also one of your site ? in never seem that site before. Ill take a look at it later.

I do have to say that you like to keep yourself busy!

I used to own DebtBubble.com, and began to develop it...

But decided to focus on this GEI website, and the GreenEnergy and GlobalEdge websites instead

 

http://GoldStock.co.uk remains a very useful website for a quick look at relevant charts. When I am in a hurry, I go there first.

[Errol]

http://GoldStock.co.uk remains a very useful website for a quick look at relevant charts. When I am in a hurry, I go there first.

 

Good site. Will add to my favourites!

[drbubb]

Good site. Will add to my favourites!

Hey, guys.

Please don't get the idea that I am Bearish on Gold.

I have been long Gold and Gold shares since 2001. I just adjust my degree of Bullishness,

depending on how I view charts, and whether I think we are in a Buying window, or a Selling Window for Traders.

 

I have not identified a Shorting window, though we have been through some periods where being short would have worked for a few weeks.

[geisaver]

There is room in this world, and on this website for different points of view, but I do not like seeing people trying to practice mind control, and expecting others to behave like sheep. For myself, my own views tend to be controversial (buying gold in 2001 near $250), and so I will not attract much of a following at those times. By the time others start to follow, I will have begun to move on elsewhere.

 

That's a bit of a funny thing to say for a trader rather than a buy and holder. I know you talk about a core position but if you had ultimate faith in your beating buy and hold, wouldn't you have been in and out of gold many times since 2001 and used the whole pot? Even if it was in stages. Isn't the $250 largely irrelevant to a trader? Surely the most important figure is the profit margin on the last trade?

 

"By the time others start to follow" - seems a JS goldbuggy type statement when it's up 600% from the $250.

[G0ldfinger]

But the real point is the purchasing power of an ounce of gold is now about the best in history,...

Sorry Bubb, that's complete nonsense, and you know it. Below are three examples proving that you got this bass-ackwards.

 

I mean, come on, we have been talking about this for years and you get the easiest things still wrong.

 

EDIT: We are NOT at the best purchasing power of gold in history and on top of this we are in the WORST financial crisis ever. Some people would add one and one here...

 

http://gold.approximity.com/since1968/UK_House_Prices_in_Gold_LOG.html

http://gold.approximity.com/since1968/DJIA-Gold-Ratio_LOG.html

http://gold.approximity.com/since1968/Oil-Gold-Ratio_LOG.html

[G0ldfinger]

Do your really think JS wants to PROTECT people? I think he wants to walk them straight into an Illuminati trap. Surely you can see that possibility.

Sorry, but to me it looks much more as if you wanted to talk me into an illuminati trap!

 

EDIT: I always get the feeling that you want to push people into paper assets (or the trading of them) that THEY can create at will and at essentially zero cost. Or do I misunderstand something here?

[malvern hills]

double post from housing thread

 

 

 

 

 

 

If the price of houses in gold goes towards 100 ounces, surely this will mean that if gold is also to rise, houses priced in fiat will not see a nominal fall.

 

You can't have gold going up in terms fiat as well as houses if they are to fall relative to gold as well surely?

[romans holiday]

 

So, you think Jim Sinclair is an agent for Bernanke? Hmmmm.....

There is a sense in which Bernanke could think people like Sinclair as promoting his interests. Bernanke wants to stoke up inflation expectation due to the reality of deflation. Fears of hyper-inflation would be an added bonus. Bernanke's agenda is to get investors out of liquidity and into assets. And then gold is thought by hyper-inflationists and conventional investors just another hedge against inflation like so many other assets.

[Carlton]

Hey, guys.

Please don't get the idea that I am Bearish on Gold.

I have been long Gold and Gold shares since 2001. I just adjust my degree of Bullishness,

depending on how I view charts, and whether I think we are in a Buying window, or a Selling Window for Traders.

 

I have not identified a Shorting window, though we have been through some periods where being short would have worked for a few weeks.

The 6 month gold chart suggests we are near the top of a downtrending channel = SELL

 

The 6 year gold chart suggests we are near the bottom of an uptrending channel = BUY

[warpig]

[drbubb]

Sorry, but to me it looks much more as if you wanted to talk me into an illuminati trap!

 

EDIT: I always get the feeling that you want to push people into paper assets (or the trading of them) that THEY can create at will and at essentially zero cost. Or do I misunderstand something here?

??

That is ridiculous, GF

 

By the way, your own charts seem to show that some other assets: Houses, Brent, etc are not expensive when measured in Gold. I can find many others (like Natural Gas) that may be at all time lows.

 

Why aren't you recommending these, instead of the not-cheap-on-your-charts Yellow metal?

 

The Perma-Gold-Bulls here seem to take it for granted that Gold MUST go back to its inflation adjusted high.

 

+ I grant that this is possible or even likely if Gold is taken up as the main monetary measure in a hyperinflationary blowoff, but:

 

+ There are other possible future scenarios, and

 

+ What then? If gold makes its old inflationary (1980) high, can we also expect the huge selloff that follows? If so, might you do well to exit before the high?

[drbubb]

That is using the ShadowStats inflation model, I presume.

 

Kindly tell us why it is better than CPI?

 

"Real Gold" by another measure:

 

What percentage of the time was it above the current level?

Under 5%? Under 2%?

[Carlton]

That is using the ShadowStats inflation model, I presume.

 

Kindly tell us why it is better than CPI?

 

"Real Gold" by another measure:

 

What percentage of the time was it above the current level?

Under 5%? Under 2%?

I don't believe gold will necessarily return to the SGS inflation adjusted high, but by now you surely realize the difference (and the general superiority and more accuracy) with the SGS inflation numbers. SGS reverts to an older inflation formula that was more reflective of everyday prices for key products.

[Jake]

Nick Barisheff's book, 'Gold 10,000' is out soon. And he had a couple of podcasts on FS with Jim Puplava.

 

I think a lot of reasonably minded people think official CPI is a load of....