Jake Posted January 15, 2013 Report Share Posted January 15, 2013 I think you have that the wrong way around. Link to comment Share on other sites More sharing options...
callmejoe Posted January 15, 2013 Report Share Posted January 15, 2013 http://www.zerohedge...ld-new-york-fed It Begins: Bundesbank To Commence Repatriating Gold From New York Fed ....... this is a momentous development, one which may signify that the regime of mutual assured and very much telegraphed - because if the central banks don't have faith in one another, why should anyone else? - trust in central banks by other central banks is ending. Much more importantly, it is being telegraphed as such, with Buba fully aware of just what the consequences of this .... repatriation will be in a global monetary arena.... Link to comment Share on other sites More sharing options...
TrueNorth Posted January 15, 2013 Report Share Posted January 15, 2013 Jake do you mean, it should read, Keep Gold and Buy Calm ? Link to comment Share on other sites More sharing options...
TrueNorth Posted January 15, 2013 Report Share Posted January 15, 2013 or 'Buy Gold and Keep Calm' ? Link to comment Share on other sites More sharing options...
Jake Posted January 16, 2013 Report Share Posted January 16, 2013 or 'Buy Gold and Keep Calm' ? I think I did mean that. But it could also go 'Buy Calm and Keep Gold' or how about, Calmly Carry On Buying Gold or Keep Buying Gold and Calmly Carry On. The latter would be my favorite and closest to the original of 'Keep Calm and Carry On'. For international travellers you could have 'Dont Leave Gold in your Carry -On'. This could run and run. Link to comment Share on other sites More sharing options...
Perishabull Posted January 16, 2013 Report Share Posted January 16, 2013 Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2013 Report Share Posted January 17, 2013 Copper is also going nowhere LINK to Mining Stocks? It could be that we will need to see some improvement in Copper and Gold prices before mining stocks will move much Link to comment Share on other sites More sharing options...
Traineeinvestor Posted January 17, 2013 Report Share Posted January 17, 2013 A question for those more knowledgable about precious metals than I am. Given the underlying commercial usage and the greater potential for supply disruption, would platinum be a better choice than gold in the longer run? Link to comment Share on other sites More sharing options...
electroweak Posted January 17, 2013 Report Share Posted January 17, 2013 A question for those more knowledgable about precious metals than I am. Given the underlying commercial usage and the greater potential for supply disruption, would platinum be a better choice than gold in the longer run? I don't think I am necessarily more experienced than you, but I thought of buying platinum and playing the plat/gld ratio when it fell below 1.0. I note yesterday was one of the rare moments in the past few years when the ratio went above 1.0. However, my experience is that demand in much more industrial driven. Think Auto catalytic converters. Also fashion to some extent with people selecting platinum jewellery. BUT at the end of the day, platinum is not money. You don't see any platinum/peso exchange rates here in this video talking about Argentinian capital controls.....! http://www.youtube.com/watch?feature=player_embedded&v=RSKDFkONPQM Link to comment Share on other sites More sharing options...
Jake Posted January 17, 2013 Report Share Posted January 17, 2013 http://www.bbc.co.uk...d-asia-21055206 Funny old world. At first I thought this looked like a duck. But then I realized that if you lay it on its flat edge it looks just like the inflation adjusted gold chart from the late 70's to present day. Link to comment Share on other sites More sharing options...
Jake Posted January 17, 2013 Report Share Posted January 17, 2013 (it's been a long day) Link to comment Share on other sites More sharing options...
lyb Posted January 17, 2013 Report Share Posted January 17, 2013 Platinum dragging gold along. Link to comment Share on other sites More sharing options...
romans holiday Posted January 21, 2013 Report Share Posted January 21, 2013 Interesting spot for gold. Another wave down, or up up up? Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 21, 2013 Author Report Share Posted January 21, 2013 A question for those more knowledgable about precious metals than I am. Given the underlying commercial usage and the greater potential for supply disruption, would platinum be a better choice than gold in the longer run? When you look at the long-term charts, it could be a very long time indeed that you would have to hold your platinum. I had similar thoughts in the past, but like chris_ct said: too much industrial interference in this market. What if the global auto industry slumps big time after this paper money flood induced bull trap (if it is one)? However, very long term, platinum below gold seems to always have been a fairly good deal. Now that we're back above the price of gold, maybe there will be a breakout? Personally, I hold none, but I do hold some palladium (see corresponding thread), which quite a while ago seemed even cheaper than platinum. Thread: http://www.greenenergyinvestors.com/index.php?showtopic=3169&st=120 Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 21, 2013 Author Report Share Posted January 21, 2013 To chip in on an earlier discussion - I stumbled over this bizzare silver medaillon (from someone's link on the silver thread): http://sdbullion.com...ueen-medallion/ Link to comment Share on other sites More sharing options...
drbubb Posted January 21, 2013 Report Share Posted January 21, 2013 http://www.bbc.co.uk...d-asia-21055206 Funny old world. At first I thought this looked like a duck. But then I realized that if you lay it on its flat edge it looks just like the inflation adjusted gold chart from the late 70's to present day. LIfe immitating Art perhaps? Link to comment Share on other sites More sharing options...
Perishabull Posted January 22, 2013 Report Share Posted January 22, 2013 Felix Zulauf reckons we're at the end of Gold's consolidation phase... Excerpt from Marketwatch; "Gold will be ‘up and running’ soon says Felix Zulauf Contributors to Barron’s recent Roundtable 2013 had high expectations for gold despite its somewhat lackluster performance last year, with Felix Zulauf, president of Zulauf Asset Management AG in Switzerland recommending gold again and talking about its prospects for record prices above $2,000 an ounce. “Gold is at the very end of a cyclical correction and the gold price will be up and running again soon,” said Zulauf. “Once gold surpasses $1,800 an ounce, it will run to the low- to mid-$2,000s.” On Tuesday, gold for February delivery GCG3 traded at a high above $1,695 an ounce on the Comex division of the New York Mercantile Exchange. Prices finished last year with a 7% gain, its smallest yearly increase since 2008. Gold has been “great for 12 years, but it doesn’t always go up,” said Fred Hickey, editor of The High-Tech Strategist in Nashua, N.H., pointing out that in the latest 12-year period, there have been five corrections in the gold price." Link to comment Share on other sites More sharing options...
romans holiday Posted January 28, 2013 Report Share Posted January 28, 2013 A re-testing of the 1600 level and then off to the races? This would complete the large consolidating cup [bowl] seen since the spike in 2011. Link to comment Share on other sites More sharing options...
Perishabull Posted January 28, 2013 Report Share Posted January 28, 2013 6 days between posts on the Gold thread.... It's time for tumbleweed The tumbleweed indicator came out out on August 15th last year for Gold; Here's what happened; (For those that don't get it - I post tumbleweed during large gaps in posts. Large gaps = Lack of interest AND/OR very poor sentiment) Link to comment Share on other sites More sharing options...
drbubb Posted January 29, 2013 Report Share Posted January 29, 2013 Differing Pathways Platinum Slides On Liquidation As Amplats Agrees To Talks Before Job Cuts - Kitco News, Jan 28 2013 2:12PM Palladium Surges To 16-Month High; Analysts See Further Gains In Tight Market - Kitco News, Jan 28 2013 12:26PM If you read both articles, then you discover: Platinum for April delivery settled with a loss of $32.70 to $1,662.20... A U.S. trader and HSBC precious metals analyst James Steel both tied weakness to news reports that Amplats has agreed to consultations with unions and the government before proceeding with its plans. Sister metal palladium has held up better than platinum, falling only slightly after hitting a 16-month high earlier. The cuts would have affected platinum more heavily. The planned restructuring stirred emotions in South African since 14,000 jobs were at stake. Platinum had run ahead of Gold, and a correction was due... Some analysts see its strengrth relative to Gold continuing Link to comment Share on other sites More sharing options...
drbubb Posted January 29, 2013 Report Share Posted January 29, 2013 6 days between posts on the Gold thread.... It's time for tumbleweed Large gaps = Lack of interest AND/OR very poor sentiment) Could be bullish the charts suggest a possible LOW if the 480d MA holds: xx Link to comment Share on other sites More sharing options...
pjohnp Posted January 29, 2013 Report Share Posted January 29, 2013 I'm not a great chartist, but I keep half an eye on the retail physical market, and when dealers are offering to buy sovereigns at spot price, it suggests that they've a lot of unfulfilled demand to buy: http://www.hattongardenmetalsnews.co.uk/2013/01/rate-increase-100-market-rate-for-the-full-gold-sovereign/ Link to comment Share on other sites More sharing options...
Perishabull Posted January 30, 2013 Report Share Posted January 30, 2013 Gold futures jumped up 1% to $1680 following the annualised US GDP number coming in at -0.1% against consensus of 1.1%; Let's see if there's follow through when the markets open in the next few minutes. Link to comment Share on other sites More sharing options...
Van Posted January 30, 2013 Report Share Posted January 30, 2013 still needs to get above $1700 to signal a change in the short/medium term. Silver needs to close above its last pivot point of $32.50. Gold:Dow ratio is at a 18 month low. It really needs to make a move up here, otherwise the idea of a long term bull market falls into doubt. Link to comment Share on other sites More sharing options...
drbubb Posted January 30, 2013 Report Share Posted January 30, 2013 Gold is now moving up nicely, off the important 480d-MA that I have identified: http://www.greenenergyinvestors.com/index.php?showtopic=17354 Link to comment Share on other sites More sharing options...
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