azazel Posted July 31, 2008 Report Share Posted July 31, 2008 Two for the silver lovers !! http://www.youtube.com/watch?v=Q99GdBdX4u4 Breakout such a lovely song. Them were the days (and the days before it) when there was culture. Here is another http://www.youtube.com/watch?v=_JOVrkjM6Cc...feature=related and this goes without fail!! http://www.youtube.com/watch?v=gSq8ZBdSxNU...feature=related BTW, been away on holiday. Nice to get back and catch up with you guys. Golds fallen from its $975 but looks ready to move back towards $1000 mark again. (I hope) Link to comment Share on other sites More sharing options...
bitbigt Posted July 31, 2008 Report Share Posted July 31, 2008 Breakout such a lovely song. Them were the days (and the days before it) when there was culture. ...showing your age Link to comment Share on other sites More sharing options...
azazel Posted July 31, 2008 Report Share Posted July 31, 2008 ...showing your age I think it was an age to be proud of 1970s - late 1980s. Tell me what was great about the 1990s? Or the 2000s, apart from cheap gold and silver!!? Link to comment Share on other sites More sharing options...
headmelter Posted July 31, 2008 Report Share Posted July 31, 2008 I think it was an age to be proud of 1970s - late 1980s. Tell me what was great about the 1990s? Or the 2000s, apart from cheap gold and silver!!? Partying, Goddammit man, PARTYING..!!! http://www.youtube.com/watch?v=dRKCeqNCfFY...feature=related Link to comment Share on other sites More sharing options...
Compounded Posted July 31, 2008 Report Share Posted July 31, 2008 (Note: Alexa ranking was 297,000) I noticed that personally I think it cgnao, all a doomlover wants with entertainment too. Please do not change your site too much- it's good. Link to comment Share on other sites More sharing options...
kernull Posted August 1, 2008 Report Share Posted August 1, 2008 this volume in crude oil should pull gold up. I am still waiting for dollar to have a significant low. Looks like unemployment report may be good tomorrow, but they can sell off USD even on good news. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted August 1, 2008 Report Share Posted August 1, 2008 Pineapple Lumps Link to comment Share on other sites More sharing options...
Steve Netwriter Posted August 1, 2008 Report Share Posted August 1, 2008 I've copied the entire post of G0ldfingers from the previous thread as I thought it was important, but I didn't have time before to properly read it. There are just so many things to try and keep up with. Apologies if I fail to answer any questions or thank anyone etc. ------------------------- http://goldismoney.info/forums/showpost.ph...postcount=15351 Bill, STUNNING REVELATION FROM GS TOCOM POSITION In the July 29 session on the TOCOM Goldman Sachs COVERED a substantial 233 short contracts to bring their net short position to 5600 contracts. This brings their net short position to the LOWEST EVER in the last 30 months (the time I have been keeping records). The chart below is astonishing. There is almost a perfect descending trend channel in the net short position of Goldman Sachs which it has followed for over two years so it can hardly be called a coincidence. If this trend continues then the very latest that GS can reach a net short position of zero is when the top trend line meets the X axis. That extrapolates to November 25 2008!! Now isn’t that amazing? That is almost exactly the same date as the expiry of the MASSIVE COMEX Call option position in the DEC08 contract. I had already predicted from the Call option structure that gold will make a huge move sometime between now and the expiry of these options. We now have further confirmation because it looks as if Goldman Sachs will no longer be net short gold by that date! Cheers Adrian Gold action… Bill, It is very significant that the cartel best efforts to bring down gold on Monday on the day of option expiry failed. They have been able to bring gold down $30 since then, but when it mattered to take call options out of the money the buyers were in control. The massive DEC08 call option position shows there is some very big money moving into gold. They have no interest in stopping the cartel from taking down gold now that the option expiry is over. Their interest will be to pick up as much gold as they can at the bargain basement price financed by the cartel. As I write this we are only $10 above the 200 day MA…we can expect some very strong buying to emerge shortly. This is the killer move down that makes the final capitulation of those who just can’t take it anymore. Cheers Adrian Link to comment Share on other sites More sharing options...
wren Posted August 1, 2008 Report Share Posted August 1, 2008 As I like to say: Finland is always ahead of the U.K. By 2 hours. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted August 1, 2008 Report Share Posted August 1, 2008 It's interesting to compare an investment in NZ property, which is falling, along with a falling NZ$, with an investment in a lump of old metal. I suspect for those with NZ$ & AUD$, and move to gold could be quite good. Link to comment Share on other sites More sharing options...
LauraB Posted August 1, 2008 Report Share Posted August 1, 2008 A quickie on Bullionvault if I may Now my man has opened one (Euros). Should he choose London or Zurich? -Or doesn't it matter? Link to comment Share on other sites More sharing options...
The Traveller Posted August 1, 2008 Report Share Posted August 1, 2008 A quickie on Bullionvault if I may Now my man has opened one (Euros). Should he choose London or Zurich? -Or doesn't it matter? Depending how you view the financial situation deteriorating, certainly those on the pessimistic side would say Zurich. If it's a short-term punt, it doesn't matter IMHO, but if I was keeping it there long-term I would choose Zurich. Don't want the VIAMAT vaults being raided on a whim on a trumped-up 'terrism' threat! Link to comment Share on other sites More sharing options...
Bobsta Posted August 1, 2008 Report Share Posted August 1, 2008 Depending how you view the financial situation deteriorating, certainly those on the pessimistic side would say Zurich. If it's a short-term punt, it doesn't matter IMHO, but if I was keeping it there long-term I would choose Zurich. Don't want the VIAMAT vaults being raided on a whim on a trumped-up 'terrism' threat! Agreed, I chose Zurich. On the price front it doesn't really matter as although the purchase price is higher, the resale price is also higher. The one thing to point out is that BV charge you a "holding fee" on a monthly basis per vault. So I'd advise you pick one vault and stick with it. If you spread your gold around you'll pay multiple management fees. I chose Zurich. It's kinda cool thinking "I have a kilo of gold in Zurich" Link to comment Share on other sites More sharing options...
electroweak Posted August 1, 2008 Report Share Posted August 1, 2008 The one thing to point out is that BV charge you a "holding fee" on a monthly basis per vault. So I'd advise you pick one vault and stick with it. If you spread your gold around you'll pay multiple management fees. Erm. I have gold in all 3 locations and they still only charge me the same as when it's in one location. I have been very happy with BV so far, but then I've nver actually *withdrawn* anything! (should test that, some time!) Link to comment Share on other sites More sharing options...
Steve Netwriter Posted August 1, 2008 Report Share Posted August 1, 2008 My vote would be UK & Zurich. I'm happy to pay more if necessary for extra diversification. Likewise, BV & GM, with GM offering silver as well. Link to comment Share on other sites More sharing options...
pieshop Posted August 1, 2008 Report Share Posted August 1, 2008 Likewise, I use both London and Zurich with BV. Still haven't got round to finishing the application for GoldMoney - I must get that done this weekend. Link to comment Share on other sites More sharing options...
Bobsta Posted August 1, 2008 Report Share Posted August 1, 2008 Erm. I have gold in all 3 locations and they still only charge me the same as when it's in one location. Ah, OK. My mistake... glad to be proved wrong! Diversification might be the way to go. Link to comment Share on other sites More sharing options...
LauraB Posted August 1, 2008 Report Share Posted August 1, 2008 Thxs guys Zurich for him London (already) for me. I wont get too paranoid about seizure. Though I know (the much respected) Cgnao wont approve of this at all ! Link to comment Share on other sites More sharing options...
headmelter Posted August 1, 2008 Report Share Posted August 1, 2008 this volume in crude oil should pull gold up. I am still waiting for dollar to have a significant low. Looks like unemployment report may be good tomorrow, but they can sell off USD even on good news. Anyone know what time the figures are due out? Will the normal weekend smackdown arrive later today? I may make my last physical buy today so it would be handy to know. Link to comment Share on other sites More sharing options...
MattFC Posted August 1, 2008 Report Share Posted August 1, 2008 Anyone know what time the figures are due out? Will the normal weekend smackdown arrive later today? I may make my last physical buy today so it would be handy to know. 13:30 BST I think useful site.. updated each week http://www.todayfx.com/calendar.html Link to comment Share on other sites More sharing options...
jinbal Posted August 1, 2008 Report Share Posted August 1, 2008 Expected -75K Actual - -51K Watch the DOW fly......... Link to comment Share on other sites More sharing options...
drminky Posted August 1, 2008 Report Share Posted August 1, 2008 Expected -75K Actual - -51K Watch the DOW fly......... More Government sheep herding ..and watch the subsequent downward revision of job numbers go completely unnoticed.. Link to comment Share on other sites More sharing options...
bitbigt Posted August 1, 2008 Report Share Posted August 1, 2008 ..and watch the subsequent downward revision of job numbers go completely unnoticed.. ...and unreported by the (politically manipulated) media! Link to comment Share on other sites More sharing options...
kernull Posted August 1, 2008 Report Share Posted August 1, 2008 LOL, unemployment rate higher and markets up. oil confirmed support, usd/jpy reversing, euro botomed, and so on ... today's bounce of USD will not last. I believe we just began the rally in gold to 950 area, monday will be the big day. Link to comment Share on other sites More sharing options...
kernull Posted August 1, 2008 Report Share Posted August 1, 2008 crude riding on half volume that it rode last ride, may plunge. 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