Schaublin Posted October 6, 2009 Report Share Posted October 6, 2009 Bill / Jay; It’s really amazing listening to Canada’s Business News Network and the cast of morons trying to account for today’s gold price action. I just heard them say, "they contacted John "the Diddler" Nadler at Kitco to ask him wuz up with the gold price. Goat-Horn-Diddler apparently told them that the "bugs" were all worked up in a froth over unsubstantiated and denied rumors about the U.S. Dollar. What a complete fool that man is. I come back to this being a story about what my source is telling me – it’s all about physical gold. When I re-read what I’ve been told, it is clear that off-market cash inducements have been offered to folks who have been requesting physical. The implications here, imo, are STUNNING!!! This means that gold is REALLY trading in significant backwardation already – and the scum bags are trying to hide this fact too!! But don’t tell the human-rain-delay at Kitco – he might shite his drawers with all the paper metal he has sold for good ole Bart. Best, Rob Kirby That sentence just made me collapse with laughter Link to comment Share on other sites More sharing options...
fitkid Posted October 6, 2009 Report Share Posted October 6, 2009 Nope swamp sorry mate you aint impressing me with any of that I WANT EVIDENCE REAL EVIDENCE evidence that i can see,feel,talk to, take out with me on a long walk. Link to comment Share on other sites More sharing options...
fitkid Posted October 6, 2009 Report Share Posted October 6, 2009 Right you're on ignore!!!!!!! There is a GOD (dog backwards/government ordanace department) :lol: Link to comment Share on other sites More sharing options...
signofthetimes Posted October 6, 2009 Report Share Posted October 6, 2009 anyone heard of / used these ? https://www.bullionbypost.co.uk/ Link to comment Share on other sites More sharing options...
warpig Posted October 6, 2009 Report Share Posted October 6, 2009 Perhaps you should think about what you want to say before you say it out loud. There is a GOD (dog backwards/government ordanace department) Link to comment Share on other sites More sharing options...
BurningRingOfFire Posted October 6, 2009 Report Share Posted October 6, 2009 http://www.telegraph.co.uk/finance/persona...inflations.html 'Gold has proven historically to be a poor hedge against major inflations' Data on gold prices does not go back as far as the eighth century after Christ, when the hoard discovered in south Staffordshire is thought to have been created. By Ian Cowie But, if the original owner were here today, it is likely that he – or she – would be satisfied with the way bullion has retained its real value. Professor Roy Jastram, of the University of California, conducted the longest-term analysis of this precious metal's purchasing power, stretching back to 1560 when Elizabeth I ordered new coinage to restore the reputation of the English currency. This had been debased by coins being clipped and passed back into circulation while people hoarded the full-weight unclipped coins. That criminal practice was the basis of Tudor financier Sir Thomas Gresham's law "bad money drives out good money" and the original reason for coin rims being milled; to make it obvious when they had been clipped and metal removed. Professor Jastram found that, over a period of more than 400 years, gold had proved an effective store of value and an ounce would usually buy a good, but not luxurious, outfit of clothes. Extreme pessimists may note that he added: "When the Four Horsemen of the Apocalypse galloped, a stock of gold pieces, cunningly concealed or surreptitiously carried, has often meant the difference between living and dying." His book, The Golden Constant, has been updated by Jill Leyland of the World Gold Council. You can see that, since gold prices were allowed to float freely in 1971, they have enjoyed two major bull rallies – including the current one – and endured a 20-year bear market. Paul Marson, chief investment officer at Lombard Odier, a Geneva-based private bank, calculates that since 1971 bullion has risen by an average of 8.5pc per annum, compared with average annual inflation of 4.5pc. But if you had bought the last time prices peaked, in January 1980, gold returned just 1.2pc per annum compared with inflation of 3.3pc. Perhaps surprisingly, Mr Marson argues: "Gold has proven to be historically a poor hedge against major inflations but has performed particularly well during periods of deflation." Link to comment Share on other sites More sharing options...
fitkid Posted October 6, 2009 Report Share Posted October 6, 2009 Perhaps you should think about what you want to say before you say it out loud. Link to comment Share on other sites More sharing options...
electroweak Posted October 6, 2009 Report Share Posted October 6, 2009 I officially can't sleep. I was amazed by this video and i see it as a metaphor for the dam collapsing in the (paper) gold market. By about 1m50s, I was wondering if these guys were going to make it! From: ps i'm sorry but i'm going to post this in the best of yt thread too. Link to comment Share on other sites More sharing options...
fitkid Posted October 6, 2009 Report Share Posted October 6, 2009 I respect Jim Willie. If anyone is using SLV or GLD be very careful. 'As always, avoid the Exchange Traded Funds of StreetTracks Gold (GLD) which is a near complete fraud with grossly inadequate physical metal. They are involved in COMEX fraud to cover paper futures gold contracts. Much the same fraud is committed by the Barclays ETFund for Silver (SLV), with wholly inadequate silver metal. Neither fund submits to independent audits. My personal preference is to invest in silver, but to use gold as the signal. The rise in silver price will be 3x to 5x that of the gold rise, which itself will be significant. Central banks sell no silver, and industry has almost no gold demand. Let gold fight the political battles, to clear the path for precious metals to rise in price to the heavens. Inquiring minds should take this cue on how to buy silver, or one should check the Run To Gold website (CLICK HERE). "The Great Credit Contraction" e-book by Trace Mayer will serve as a classic someday, where this legal scholar claims the system will not collapse, but rather will evaporate. My term is disintegrate, very similar.' Swampy i have only got physical gold,what are the options or suppliers for me to purchase physical silver for my own personal collection any contacts.? Link to comment Share on other sites More sharing options...
warpig Posted October 7, 2009 Report Share Posted October 7, 2009 I recommend http://www.guernseymint.com/, they offer extremely good rates. 5KG bars are a nice size IMO. Swampy i have only got physical gold,what are the options or suppliers for me to purchase physical silver for my own personal collection any contacts.? Link to comment Share on other sites More sharing options...
ziknik Posted October 7, 2009 Report Share Posted October 7, 2009 anyone heard of / used these ? https://www.bullionbypost.co.uk/ I haven't heard of them. They are a very new company Date of Incorporation: 25/11/2008 Link to comment Share on other sites More sharing options...
grumpy-old-man Posted October 7, 2009 Report Share Posted October 7, 2009 anyone heard of / used these ? https://www.bullionbypost.co.uk/ hey SOTT: Domain name: bullionbypost.co.uk Registrant: Robert Stein Registrant type: UK Limited Company, (Company number: 6758398) Registrant's address: Branston Street, Hockley Branston Court Birmingham B18 6BA United Kingdom Relevant dates: Registered on: 12-Feb-2009 Renewal date: 12-Feb-2011 Last updated: 15-Aug-2009 did a few googles & Robert Stein with gold bullion crops up a few times but not sure if it's the same guy ? Link to comment Share on other sites More sharing options...
FWIW Posted October 7, 2009 Report Share Posted October 7, 2009 Just wandered over to hpc... Found this post that now is the time to short gold... http://www.housepricecrash.co.uk/forum/ind...t&p=2182081 Can someone go over there and encourage them to sell? For us to buy at a good pull back then we need sellers!!!! Link to comment Share on other sites More sharing options...
grumpy-old-man Posted October 7, 2009 Report Share Posted October 7, 2009 hey SOTT: Domain name: bullionbypost.co.uk Registrant: Robert Stein did a few googles & Robert Stein with gold bullion crops up a few times but not sure if it's the same guy ? ah ha, found the guy (I think): Rob Halliday-Stein " Rob Halliday-Stein’s Summary I am founder and MD of Online Advantage Ltd. The business is totally focussed on developing our own portfolio of profitable website businesses. We have assembled a first class team of designers, developers and marketing experts who are committed to developing and launching exciting new websites in a variety of sectors. I was previously senior marketing manager for George.com at Asda where I managed the development and successful launch of George online. Earlier in my career I spent 7 years building my retail experience at D&A working across operations, marketing and HR. I am an Economics graduate from Sheffield University. Rob Halliday-Stein’s Experience * Founder & MD Online Advantage Ltd (Internet industry) September 2008 — Present (1 year 2 months) Developing and investing in innovative and profitable website based businesses. Additional Information Rob Halliday-Stein’s Websites: * Gold Bullion Bars (this links to that bullionbypost website, so I assume this IS him) * Fashion search engine Rob Halliday-Stein’s Interests: Skiing, Photography, Football" Link to comment Share on other sites More sharing options...
signofthetimes Posted October 7, 2009 Report Share Posted October 7, 2009 thanks GOM, I noticed their 1oz gold bars were about £15 cheaper than CID but maybe that's a premium worth paying for peace of mind? Link to comment Share on other sites More sharing options...
TrueNorth Posted October 7, 2009 Report Share Posted October 7, 2009 1046! Link to comment Share on other sites More sharing options...
warpig Posted October 7, 2009 Report Share Posted October 7, 2009 These moves are more than just internet rumours surely... Silver up over £11/t oz as well. Link to comment Share on other sites More sharing options...
TrueNorth Posted October 7, 2009 Report Share Posted October 7, 2009 New charts from Trader Dan of gold in various currencies - interesting stuff. Here. Link to comment Share on other sites More sharing options...
enrieb Posted October 7, 2009 Report Share Posted October 7, 2009 Has anyone got any charts that show the volumes of the recent gold moves? Link to comment Share on other sites More sharing options...
grumpy-old-man Posted October 7, 2009 Report Share Posted October 7, 2009 Has anyone got any charts that show the volumes of the recent gold moves? yes this IS the important bit isn't it ? volumes & who/where the gold is going. Link to comment Share on other sites More sharing options...
chazza Posted October 7, 2009 Report Share Posted October 7, 2009 Maybe this forum really needs a better investors/traders divide? i dont think so, I think its good to know mesh the long term with the short term. Im holding my stash of gold, but I think the ST signals of gold are important for the rest of the markets. Link to comment Share on other sites More sharing options...
Pixel8r Posted October 7, 2009 Report Share Posted October 7, 2009 New charts from Trader Dan of gold in various currencies - interesting stuff. Here. Thought this one was particularly good. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted October 7, 2009 Report Share Posted October 7, 2009 LOL, this is pure gambling. This move has caught out all the chartists, Ker, RH, Bubb, Fizzers, because they are not doing the geopolitics research, not listening to the rumbles about a new currency (50pc gold-backed according to Max Keiser's contacts), not studying the history of gold and basically not listening to folks that do the research and are clued up. this is why I never understood why I 'get it', yet I know far less than the majority of posters on this site about most things. Link to comment Share on other sites More sharing options...
signofthetimes Posted October 7, 2009 Report Share Posted October 7, 2009 There is that of course but if you use a credit card you will be covered by insurance. Dunno if Stein would swallow the credit card cut though. bank transfers only ! Link to comment Share on other sites More sharing options...
grumpy-old-man Posted October 7, 2009 Report Share Posted October 7, 2009 bank transfers only ! I thought you couldn't purchase metals with a credit card anyway ? Link to comment Share on other sites More sharing options...
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