goldis4ever

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  • If Manufacturing Is So Bad, Why Did the Market Go Up?
    "If Manufacturing Is So Bad, Why Did the Market Go Up?"

    Stupid, gullible investors? Think Madoff.
    Jan 05 08:10 am |Rating: 0 0 |Link to Comment |View article
  • Gold Poised to Move Higher
    You could say the same thing with a Mona Lisa or Rembrandt. An apt comparison.


    On Dec 28 10:09 AM otbricki wrote:

    > Let us get this straight...
    Dec 29 09:56 am |Rating: +2 -1 |Link to Comment |View article
  • Enlightening the Gold Bugs
    >>"This by no means is scientific or deeply analytical..."<...

    Well, duh, that says it all!!!
    Dec 24 10:54 am |Rating: +3 0 |Link to Comment |View article
  • Gold Topped All Currencies in 2008
    "Gold Topped All Currencies in 2008"

    Of course.

    It was always the wall streeters who saw gold as something archaic. their wheeling dealing and math smarts in the finance world was supposed to be the last word in stable investments in whatever: currency, stocks, bonds, hedge funds, 401Ks, etc. In various interviews I saw, they always dissed gold. A rare exception, Jim Cramer of Mad Money, who once hated gold, however, has saw the light.

    Now that so many of them and their phony financial instruments has been thoroughly discredited, gold is looking shinier than ever before.
    Dec 18 08:44 am |Rating: 0 0 |Link to Comment |View article
  • Dollar on the Decline, Gold and Silver on the Rise
    ah, so much for "deflation". Let the party commence!!!
    Dec 17 08:04 am |Rating: 0 0 |Link to Comment |View article
  • Gold and Silver: Backwardation and Manipulation
    "The federal government is not restricted to gold and silver. "

    Where do you see that?


    On Dec 15 10:01 AM BillCu wrote:

    > Your partial quote of the U.S. Constitution left out the critical
    > beginning of
    > Article 1, Section 10:
    >
    > "No State shall enter into any Treaty, Alliance, or Confederation;
    > grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit;
    > make any Thing but gold and silver Coin a Tender in Payment of Debts;
    > pass any Bill of Attainder, ex post facto Law, or Law impairing the
    > Obligation of Contracts, or grant any Title of Nobility."
    >
    > The federal government is not restricted to gold and silver.
    >
    > BillCu
    >
    Dec 15 13:50 pm |Rating: 0 0 |Link to Comment |View article
  • Dollar Down, Gold Up
    housing and stock prices are deflating (and as well they should). But not everyone buys houses or stocks or don't even care about them. But they are concerned about every day things like groceries, clothing, restaurant meals, movie tickets, apartment rentals, etc. The prices of those are slowing INFLATING!!

    We're not experiencing rampant inflation now because the central banks are sitting on a pile of cash and are reluctant to lend out. Very soon they will have to because it's their business to do so. And then watch out!!!
    Dec 15 08:24 am |Rating: 0 0 |Link to Comment |View article
  • Negative Real Rates Will Drive Gold Prices Up
    Folks here we are in a "deflationary&quo... period. Where is it??? Prices for everything has done up, not down. My local restaurant had recently marked up prices for all their items. The local supermarket has raised prices for a majority of grocery and non-food items. Some products, for example, could've been bought for 4 items for 5 dollars. Now it's two for 5 dollars. While some prices for some grocery items hadn't changed, the packaging had shrunken down. So we are getting less for the same money. School tuition fees had been raised recently, amidst much grumbling. Happy hour drinks at the local bar are costing more now. There's serious talk of raising transit fares in my city.

    The above are just a few examples of an INFLATIONARY change. True, stock market rates are tanking and housing prices are sinking to new levels, but not everyone buys stocks and not everyone buys houses. Those issues merely affects a minority of foolish investors. But everyone needs to eat, however. And many people attend higher learning facilties. No longer cheaply.

    Those crying 'deflation' are not living in the same world most of our folks live in.
    Dec 08 11:56 am |Rating: 0 -1 |Link to Comment |View article
  • Unemployment Data Is Very Grim
    hey, nothing like a Bush tax cut to increase unemployment, er, employment.
    Dec 07 12:37 pm |Rating: 0 0 |Link to Comment |View article
  • The Manipulation of Gold Prices
    >>>>Also better stores of wealth would have been the vast majority of stocks and bonds; plus most any bit of U.S. real estate; <<<<<

    Actually, that is quite wrong. A study was done a while back, given a certain amount of money and time, comparing stocks and bonds, stuffing money under the mattress, and holding gold, Gold came out ahead, second place was money under the mattress. Those investing in stocks and bonds came out to be the biggest losers.

    And real estate??? You got to be kidding!!!!
    Dec 07 09:04 am |Rating: +1 0 |Link to Comment |View article
  • Gold and Silver Prices Will Begin to Shine
    I hear this talk concerning "deflation", but where is it? My neighborhood restaurant recently raised prices on all their menu items. My local supermarket raised prices on many of their shelf products. And when prices for some items had remained stable, the packages of those said items have noticeably shrunk. School tuition is going up. Transit fares has risen. I'm paying more for monthly utilities. Happy hour at many bars has been shortened, its prices has risen, or eliminated altogether.

    Again, where is this "deflation"?
    Dec 05 09:59 am |Rating: 0 0 |Link to Comment |View article
  • Peter Schiff on Gold, the Dollar and Asian Markets
    Peter Schiff has successfully exposed people's ignorance regarding gold and the economy. But it's not their fault, really, Many business schools and the media had brainwashed so many folks into believing that a gold standard (that "barbarous relic") can somehow hinder economic growth and that Keynesian economics will solve all their problems. They never saw, particularly the younger folks, that gold was hardcore money once upon a time. They've always believed that pieces of green paper backed by some kind of "faith" is the only realistic form of money, to their detriment.

    It's kinda of a coincidence that after Nixon abolished the gold standard in 1971, the U.S. economy had commenced on a steady decline, only bolstered temporarily later on by massive Pentagon spending by Reagan. And it was thru force and coercion by the U.S. that the dollar is used as the global reserve currency, solely benefiting the U.S. But its might is steadily weakening and natural forces are slowly regaining their rightful status.
    Dec 05 09:42 am |Rating: +1 0 |Link to Comment |View article
  • Analysts Are Bullish on Gold: Should You Be Worried?
    Ditto.


    On Dec 04 09:10 AM Majest3 wrote:

    > Nostradamus, l've been long gold over the same period and made a
    > nice profit. It all depends on what currency you are using. Gold
    > is up just over 300% from the low of 2001 to the high of 2008, not
    > much when you compare it to the run up from 1971 to 1980, which was
    > over 2150%. I think l'll decline your offer to join the short train.
    Dec 04 10:49 am |Rating: 0 -1 |Link to Comment |View article
  • China and Iran Switch to Gold - Will U.S. Investors?
    the Perth Mint cannot meet demand fast enough, even working three shifts! I'm a happy gold bug!!

    www.kitco.com/ind/Beva...


    On Nov 24 04:31 AM Jeff Nicolas wrote:

    > Careful how you read Gold Bug hysteria. For example Perth Mint has
    > not simply suspended orders, I know I am customer of Perth Mint and
    > placed another order today. Perth Mint is accepting orders on both
    > Gold and Silver metal and delivering with minimal delays. If you
    > want to order Gold coins (not bullion or Siver coins) you will have
    > to wait a few weeks before you can place your order, they are behind
    > on the fabrication of these particular coins only. Sorry, I know
    > you don't want to hear this, but there is no shortage of Gold or
    > Silver metal, bullion can be ordered now for delivery from Perth
    > Mint.
    Nov 24 22:00 pm |Rating: 0 0 |Link to Comment |View article
  • China and Iran Switch to Gold - Will U.S. Investors?
    "Building a large oil reserve would make more sense."

    There are a number of things wrong with that besides lacking portability and liquidity. Like how many barrels of oil can u stash in your garage?
    Nov 24 21:53 pm |Rating: 0 0 |Link to Comment |View article

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