FWIW Posted February 26, 2009 Report Share Posted February 26, 2009 interesting article from Hargreave Hale http://www.hargreave-hale.co.uk/bulletin/Bulletin.pdf Very good article - thanks for posting. I do think that the author gives too much credibility to the Central Banks though. The problem is that all Central Banks behave in the same way, but some will run out of gold to sell at some point. This will mean that the gun will run out of bullets, and the central bank's country will be in hyperinflation or use another country's currency. Therefore, there exists within the system an inbalance that needs to be fixed. If every central bank is happy for the yanks to be in charge forever more, then there is no problem and therefore no imbalance. We will all move to the good old US Dollars for all our transactions. However, I do not think it is in the nature of each Central Bank to be 'told' what to do. They will all want to be top of the 'fiat' tree. Also as Central Banker's they will know how gold is stored in Manhattan or not as the case may be. This article is also good to keep in mind especially as the CB's are liars... http://cynicuseconomicus.blogspot.com/2009...ting-money.html Link to comment Share on other sites More sharing options...
frizzers Posted February 26, 2009 Report Share Posted February 26, 2009 My trigger finger is getting itchy!!!! Come on PPT please get it down some more...I have a pile of sterling I need to swap for something valuable! Slowly slowly catchy monkey Fasty fasty catchy knife Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted February 26, 2009 Report Share Posted February 26, 2009 happy days if this volatility is down to the trigger finger selling on the etfs - bring it on! I will be looking to add physical at $800/£500 oz which ever comes first, here's hoping! Link to comment Share on other sites More sharing options...
FWIW Posted February 26, 2009 Report Share Posted February 26, 2009 Very long article here: http://ftalphaville.ft.com/blog/2009/02/26...ately-buy-gold/ Key message: BUY GOLD Link to comment Share on other sites More sharing options...
seekingclarity Posted February 26, 2009 Report Share Posted February 26, 2009 Very long article here: http://ftalphaville.ft.com/blog/2009/02/26...ately-buy-gold/ Key message: BUY GOLD Good find. Tx. Link to comment Share on other sites More sharing options...
seekingclarity Posted February 26, 2009 Report Share Posted February 26, 2009 This is also a soothing read... http://www.economist.com/finance/displayst...96&fsrc=rss Link to comment Share on other sites More sharing options...
Ret45 Posted February 26, 2009 Report Share Posted February 26, 2009 This is also a soothing read... http://www.economist.com/finance/displayst...96&fsrc=rss I hate these articles. It means the GEI view is becoming mainstream. I'm much more interested in what the mavericks are thinking. btw if you are a gold bug, do you think its a good idea seeking out (and posting) articles and information that reinforce your view? Link to comment Share on other sites More sharing options...
savetheclaypigeon Posted February 26, 2009 Report Share Posted February 26, 2009 btw if you are a gold bug, do you think its a good idea seeking out (and posting) articles and information that reinforce your view? I know what you mean. An opposing view is healthy. If you're surrounded by people agreeing with you and telling you how right you are, it can be damaging. I mean, look at Robbie Williams! Link to comment Share on other sites More sharing options...
lupercal Posted February 26, 2009 Report Share Posted February 26, 2009 I mean, look at Robbie Williams! Whats wrong with him? Link to comment Share on other sites More sharing options...
headmelter Posted February 26, 2009 Report Share Posted February 26, 2009 btw if you are a gold bug, do you think its a good idea seeking out (and posting) articles and information that reinforce your view? Beware confirmation bias. Link to comment Share on other sites More sharing options...
qwertyuiop Posted February 26, 2009 Report Share Posted February 26, 2009 Beware confirmation bias. Thanks for confirming that for me. I wasn't too sure If I should beware. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted February 26, 2009 Report Share Posted February 26, 2009 Whats wrong with him? he's a bigheaded greedy tw4t. please don't tell me you like him. You definetly shouldn't be here if you do. That's even worse than being a deflationist & a gold hater combo. Link to comment Share on other sites More sharing options...
seekingclarity Posted February 26, 2009 Report Share Posted February 26, 2009 I hate these articles. It means the GEI view is becoming mainstream. I'm much more interested in what the mavericks are thinking. btw if you are a gold bug, do you think its a good idea seeking out (and posting) articles and information that reinforce your view? Sure as the current and near term shake-out will get rid of the weak hands and in the mid term it helps to ramp up the price Link to comment Share on other sites More sharing options...
headmelter Posted February 26, 2009 Report Share Posted February 26, 2009 Thanks for confirming that for me. I wasn't too sure If I should beware. You can never be too sure. Link to comment Share on other sites More sharing options...
seekingclarity Posted February 26, 2009 Report Share Posted February 26, 2009 How about this one... http://www.economist.com/finance/displayst...96&fsrc=rss wrong link, but see Gold article Feb22, same page... Link to comment Share on other sites More sharing options...
seekingclarity Posted February 26, 2009 Report Share Posted February 26, 2009 Beware confirmation bias. Easy I won`t throw any more up. When you have a few houses sitting in a safe deposit box, believe me now and again it is supportive to read some positive commentary now and again. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted February 26, 2009 Report Share Posted February 26, 2009 A page on the Telegraph dedicated to gold: http://www.telegraph.co.uk/finance/persona...investing/gold/ Link to comment Share on other sites More sharing options...
seekingclarity Posted February 26, 2009 Report Share Posted February 26, 2009 A page on the Telegraph dedicated to gold: http://www.telegraph.co.uk/finance/persona...investing/gold/ Excellent. Thanks Link to comment Share on other sites More sharing options...
nicejim Posted February 26, 2009 Report Share Posted February 26, 2009 A page on the Telegraph dedicated to gold: http://www.telegraph.co.uk/finance/persona...investing/gold/ I look at that and replace the word "Gold" with "Tech Stocks". I know the fundamentals are different but that page makes me even more sure of a pullback. Link to comment Share on other sites More sharing options...
seekingclarity Posted February 26, 2009 Report Share Posted February 26, 2009 ...and here is a contrarian view: http://www.fool.com/investing/general/2009...ve-in-gold.aspx Link to comment Share on other sites More sharing options...
The Mad Hatter Posted February 26, 2009 Report Share Posted February 26, 2009 I look at that and replace the word "Gold" with "Tech Stocks". I know the fundamentals are different but that page makes me even more sure of a pullback. I would say this is a strong indicator of the media interest phase. I have met one person in RL who has invested in gold. How many have you met? For most of the people I talk to or work with, gold simply isn't on their radar yet. Link to comment Share on other sites More sharing options...
Errol Posted February 26, 2009 Report Share Posted February 26, 2009 I have met one person in RL who has invested in gold. How many have you met? None. I've never heard anyone mention it. Link to comment Share on other sites More sharing options...
azazel Posted February 26, 2009 Report Share Posted February 26, 2009 Hardly anyone I know is interested in gold. Is it safe to come out yet? I hate it when gold retreats, makes me feel down. Link to comment Share on other sites More sharing options...
UNSHURE Posted February 26, 2009 Report Share Posted February 26, 2009 None. I've never heard anyone mention it. Where I work, most people think that buying gold is some sort of joke - even if you show them the Kitko 10 year Gold Chart they just laugh. I think that most are waiting for a resumption of the long term property bull which will start any second now. A few are chuffed because they are benefitting from the current low interest rates on their mortgages. I don't think that anyone believes that there is a possibility of serious wealth destroying trends in the coming years. Suggestions of hyperinflation or long term depression or peak oil are put down to 'dooming and glooming'. We also have a stakeholder pension plan. I don't know of anyone, except for me, who has selected their funds. Everyone has just opted for the default 'lifestyle plan'. The main topics of interest are things like 'celebrity media stuff'; 'Saturday evening singing contests on the TV'; football; holidays; luxury or sports cars; and tabloid newspaper rubbish. If people like these start to buy gold, I will be convinced that we are in the final phase. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 26, 2009 Author Report Share Posted February 26, 2009 ... If people like these start to buy gold, I will be convinced that we are in the final phase. Yes. If the currency is sort of stable at the time, this might be the time to start averaging out. Link to comment Share on other sites More sharing options...
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