warpig Posted January 12, 2009 Report Share Posted January 12, 2009 It has been commented on recently the deleveraging has finished, who says? Surely this will be an ongoing process...??? Link to comment Share on other sites More sharing options...
FWIW Posted January 12, 2009 Report Share Posted January 12, 2009 It has been commented on recently the deleveraging has finished, who says? Surely this will be an ongoing process...??? I don't think it is 100% over, but I feel as if the worst is behind us. (I could be wrong, but my logic goes along the lines of "don't panic, panic first"...) The ones that have yet to deleverage either have alternative strategies/plans in place or are taking the "do nothing" approach. Link to comment Share on other sites More sharing options...
id5 Posted January 12, 2009 Report Share Posted January 12, 2009 That is crazy - 19 bids as well. Are these not reproduction coins, so dated 1915 but actually struck recently?. Yes they are restrikes, produced by the offical Mint of the country. Each time the dies are recreated there are very slight differences, finding one that is actually produced in 1915 is nearly impossible. There are collectors that specifically deal in just a single countries ducat, you may find that this one could be one of the more hard to get versions. Link to comment Share on other sites More sharing options...
gwizzie Posted January 12, 2009 Report Share Posted January 12, 2009 Latest musings from Jack Crooks FX Trading – Gold not shining lately…hmmm Gold bugs call your office! As gold goes so goes the dollar in the opposite direction? That is what we’ve been seeing lately. Today, gold is sharply lower at the moment and trading below its 200-day and 28-day moving averages. Notice the classic lower highs and lower lows on the chart We continue to believe the markdown in growth out of China is key to the future path of gold. With our agnostic gaze, we view gold primarily as a liquidity-driven risk appetite asset. Whenever we say that, we are told gold is much more; it’s a safe haven and a substitute for the ugly fiat currencies (we agree paper currencies are very ugly). But… How much more stimulus is possible to pump out and cheapen paper currency the world over? How much closer can we get to all out war in the Middle East? How much more dangerous can the Pakistan-India on-going quagmire become? How much have the probabilities increased for social unrest in China and the potential it has to destabilize all kinds of stuff? We guess things could get much worse, no doubt. But yikes! This is nasty stuff on the horizon that we can verbalize and begin see taking shape. Yet the supposed supreme safe haven—gold—continues to fade on all this stuff. Aren’t asset markets supposed to price in these expectations? Is anyone expecting these areas to improve anytime soon? Not that we’ve seen. Gold bugs have gotten exactly what they have wanted and the yellow metal keeps fading. So, gold bugs (and that includes you Dad if you are reading) it’s time to call your office! Jack Crooks Black Swan Capital LLC Link to comment Share on other sites More sharing options...
creditcrunch Posted January 12, 2009 Report Share Posted January 12, 2009 I have seen the value of my gold stash drop lower that what I have paid for... but then its shot up way above my original sterling investment... this has happened a few times already, I am no longer nervous about these dips. Link to comment Share on other sites More sharing options...
marmite Posted January 12, 2009 Report Share Posted January 12, 2009 Ebay crazyness !!!!!!!!! 2007 1oz Gold Bullion coin £850 http://cgi.ebay.co.uk/One-ounce-1-oz-Fine-...A1%7C240%3A1318 Sold for £890 + £6 postage Wow Could have bought all you wanted of these 18 months ago for £400 and under Link to comment Share on other sites More sharing options...
Pixel8r Posted January 12, 2009 Report Share Posted January 12, 2009 Sold for £890 + £6 postage Wow Could have bought all you wanted of these 18 months ago for £400 and under I got a 1/2 britannia off ebay 18 months ago for £160, you could then buy coins for less than spot. How quickly things change. Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted January 12, 2009 Report Share Posted January 12, 2009 Latest musings from Jack Crooks [/size][/size][/font][/size][/font] think your better off listening to Jack Sparrow Link to comment Share on other sites More sharing options...
Justin Thyme Posted January 12, 2009 Report Share Posted January 12, 2009 I have seen the value of my gold stash drop lower that what I have paid for... but then its shot up way above my original sterling investment... this has happened a few times already, I am no longer nervous about these dips. Hear, hear ! Gave up being concerned as soon as price in sterling blasted through £500. Who cares about the buck ? All this chop is largely irrelevant. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted January 12, 2009 Report Share Posted January 12, 2009 Gold bugs have gotten exactly what they have wanted and the yellow metal keeps fading. So, gold bugs (and that includes you Dad if you are reading) it’s time to call your office! Jack Crooks Black Swan Capital LLC Listen to your Dad mate :lol: Buy as much as you can Link to comment Share on other sites More sharing options...
sid Posted January 12, 2009 Report Share Posted January 12, 2009 I hope we do see a break through of $865, as I am being forced to raise some short term capital over the next 8 weeks and need to sell a little bullion. I missed the £600 fix last week so hope we reach that level again soon. Why is when you want to buy the price keeps going up and when you need to sell it goes the other way :-) sod's law Link to comment Share on other sites More sharing options...
AgeingBabyBoomer Posted January 12, 2009 Report Share Posted January 12, 2009 What have I just missed ???? Gold just fell off a cliff. I cant see any economic figures today. Or it being dragged down by Oil ???? Funds rebalancing ABB Link to comment Share on other sites More sharing options...
gwizzie Posted January 12, 2009 Report Share Posted January 12, 2009 think your better off listening to Jack Sparrow . I dont particularly agree with him, but i do like to listen to what he has to say Link to comment Share on other sites More sharing options...
romans holiday Posted January 12, 2009 Report Share Posted January 12, 2009 . I dont particularly agree with him, but i do like to listen to what he has to say I do not particularly like dogmatism towards the future wherever i find it, either for or against a position. And you would have to be extremely dogmatic with your opinions to write-off holding some gold for the future. Mind you, the same could be said for someone 100% invested in metal ... mind you that is a bit different considering they are earning another currency [besides metal] and metal could one day be hard to find. Link to comment Share on other sites More sharing options...
FWIW Posted January 12, 2009 Report Share Posted January 12, 2009 Funds rebalancing ABB ABB - Great post - I wish I paid more attention earlier. Will do from now on though! Link to comment Share on other sites More sharing options...
FWIW Posted January 13, 2009 Report Share Posted January 13, 2009 This woman is asking for trouble! http://0-ftalphaville.ft.com.innopac.up.ac...ld-substandard/ Link to comment Share on other sites More sharing options...
marmite Posted January 13, 2009 Report Share Posted January 13, 2009 Funds rebalancing ABB Thanks ABB, a read about thisa few days ago, but forgot all about it. hmmmmm, why sell the best performing commodity of 2008 Link to comment Share on other sites More sharing options...
FWIW Posted January 13, 2009 Report Share Posted January 13, 2009 Good article here: http://www.moneyweek.com/investments/preci...Money%2BMorning Link to comment Share on other sites More sharing options...
alexreeve Posted January 13, 2009 Report Share Posted January 13, 2009 Thanks ABB, a read about thisa few days ago, but forgot all about it. hmmmmm, why sell the best performing commodity of 2008 Shouldn't oil be doing a little better according to that article? Link to comment Share on other sites More sharing options...
cgnao Posted January 13, 2009 Report Share Posted January 13, 2009 Link to comment Share on other sites More sharing options...
FWIW Posted January 13, 2009 Report Share Posted January 13, 2009 Any chance you could explain why? Thanks! Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 14, 2009 Author Report Share Posted January 14, 2009 Here a technical comment by Sinclair: http://jsmineset.com/index.php/2009/01/13/jims-mailbox-60/ Dear Alex, You ask about the high 2012 potential, not 2010. The answer is this chart maximizes along the upper trend line at Alf’s mark of: Major THREE up from $700 to $3,500 (a Fibonacci 5 times the $500 low); Major FOUR down from $3,500 to $2,500 (a 29% decline); Major FIVE up from $2,500 to $10,000 (also a 4 fold increase, same as ONE). Jim Link to comment Share on other sites More sharing options...
azazel Posted January 14, 2009 Report Share Posted January 14, 2009 Here a technical comment by Sinclair: http://jsmineset.com/index.php/2009/01/13/jims-mailbox-60/ I think Axe is going to need a much bigger french curve. than that one. Link to comment Share on other sites More sharing options...
darreng1000 Posted January 14, 2009 Report Share Posted January 14, 2009 Brittania's on Coininvestdirect! I hope they last till I get paid at the end of the month. Link to comment Share on other sites More sharing options...
bazmercer Posted January 14, 2009 Report Share Posted January 14, 2009 100 kronen one seems pretty decent value. £578 for almost a troy oz seems alright. In fact, have a chunk of a spreadsheet I did as I can't attach it: 4 Dukaten Neupragung 13.76 Gramm 13.76 £261.06 £18.97 100 Kronen 30.49 Gramm 30.49 £578.47 £18.97 1000 Schilling, Babenberger 12.15 Gramm 12.15 £231.07 £19.02 8 Florin (20 Fr.) 5.81 Gramm 5.81 £110.76 £19.06 50 Mex. Peso 37.50 Gramm 37.50 £714.89 £19.06 Top 5 cheapest in £/g from CID. edit: that took ages to line up properly! Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now