Alex Stanczyk

Comment Stream

Alex Stanczyk picture
5
Profile Articles (6)
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
    • The Gold to Oil Ratio Does Matter
      Mike: Very good points, especially the part about the arabs selling half their oil for paper.
      Dec 31 08:19 am |Rating: 0 0 |Link to Comment |View article
    • James Grant Wants to Know: Who Will Buy Our Greenbacks?
      "Tom, you are dreaming. Wake up!! Human nature is what it is, not what you wish it to be. Therefore, the best system is the one that works best when people blunder and the human element is minimized. There is only one system that does this and has stood the test of time -- a hard (usually Gold) currency system. End of story. "

      Totally concur. Well said.
      Dec 23 09:36 am |Rating: 0 0 |Link to Comment |View article
    • The Fear Bubble: Treasuries and Gold
      I laughed.


      Dec 17 11:28 am |Rating: 0 0 |Link to Comment |View article
    • ScotiaMocatta: Gold Trends to Snowball
      Now up to a staggering 43.2% ( charts: www.rapidtrends.com/bl.../ )

      I have followed precious metals for a long time...and this is definitely interesting.

      With Tbills going negative yield the only logical next step to park capital will be gold. If that happens on the scale that capital flowed into Tbills...all I can say is wow.
      Dec 12 08:41 am |Rating: 0 0 |Link to Comment |View article
    • Dow Will Equal Gold in 2009
      Bold prediction.

      History shows these runs take longer than a year, but we are in a unique time for sure.

      Also...too much exuberance for a rally? Isnt that when rallies occur?

      Lastly...the dollar as a safe haven? I literally laughed when I read that.

      I have an idea. Anyone who wants to bet me the dollar is a safe haven:

      1. Email me so we can exchange info, and the amount you wish to bet (you can get my email from my blog)

      2....put your money in dollars...I will put mine in gold and silver.

      3. Lets compare notes in three years.

      Dec 04 09:14 am |Rating: +1 0 |Link to Comment |View article
    • Gold Price and the Money Supply
      One way to value gold is not based on its increase, but rather its lack of decrease.

      Gold is simply a way to store wealth that isnt diminishing in buying power over time.

      Compare it to dollars, that are inflating at a rate of almost 18% a year, thus losing value at a rate of 18% a year.

      Gold isnt being inflated.

      2000 years ago an ounce of gold would fully clothe a man in the finest robe, sandals, hand crafted belt etc.

      Today that same ounce of gold will clothe a man in similarly fine attire.

      It holds buying power (and no I am not talking about shot 20 year cycles...thats what people focus on because in an inflationary economy ROI sucks up all of the common mans attention).

      Thats its value.
      Dec 02 10:04 am |Rating: 0 0 |Link to Comment |View article
    • The End of the Gold Carry Trade
      "The whole reason why there is a credit crisis in the first place is because nobody trusts any institution that isn’t owned, backed, or financed by government debt. So where does that leave the investors?"

      Great point. In reality any government is truly just a representation of the citizens of that country's wealth and ability to pay taxes. That is, after all, where a governments money comes from.

      So really, people are buying US Citizens credibility to pay. Only problem there is US Citizens for the most part are in debt to the hilt, losing their jobs, and some are more concerned about putting the food on the table than buying Christmas gifts.

      Gold on the other hand, requires no government to back up its value. It has had value for over 5000 years of human history. Not going to change tomorrow.

      www.rapidtrends.com/bl.../
      Nov 25 12:15 pm |Rating: +1 0 |Link to Comment |View article
    • Is the Price of Gold Being Supressed?
      Time for disciplined money.

      Economic engineering once again to be proven smoke and mirrors.

      Cant print your way to wealth:
      www.rapidtrends.com/bl.../
      Nov 25 12:09 pm |Rating: 0 0 |Link to Comment |View article
    • $3.5B Saudi Gold Deal Is Huge Compared with $6.5B Consumer Record
      Actually...rumors...al... not news..are still valuable..if you recognize them for what they are.

      Read between the lines. News..and rumors alike...are often started with motives.

      Cui Bono.
      Nov 21 09:19 am |Rating: 0 0 |Link to Comment |View article
    • Finding the Lowest Premium for Physical Silver
      Awesome arbitrage opportunities popping up. PPT is basically screwing themselves with this price suppression.

      Going to force more contracts on Comex into physical delivery to take advantage of what investors are willing to pay.

      Silver inventory in the Nymex warehouses has been dropping consistently:
      www.nymex.com/warehous...

      For those who dont believe it, use the above link and track it for a while and see for yourself.
      Nov 20 10:26 am |Rating: 0 0 |Link to Comment |View article
    • Gold Market Confusion: Record Physical Demand Collides with Paper Destruction
      24hr Gold just put up a pretty cool system that tracks what gold is selling for on ebay. Real time markets that arent manipulated. Very cool.

      www.rapidtrends.com/bl.../
      Nov 20 10:22 am |Rating: 0 0 |Link to Comment |View article
    • Surprising Call for Return to the Gold Standard
      A topic that apparently brings the venom out of the woodworks.

      Den of vipers, anyone?

      “If the American people ever allow private banks to control issue of their currency, first by inflation, then by deflation, the banks and the corporations that will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”

      —Thomas Jefferson
      Nov 19 10:11 am |Rating: +2 0 |Link to Comment |View article
    • Can a Dubai Silver ETF Send Global Spot Prices Higher?
      I think it could have a substantial impact. There is a tremendous amount of cash looking for a home in the Arab theatre.

      A very small portion of this massive stockpile of wealth, not to mention the Sovereign wealth funds, if it finds its way into the silver market via this ETF could have a massive impact.

      The gold ETF GLD has drawn a huge amount of physical gold out of the trading market, and holds more than the national reserves of China.

      A similar drawdown on global silver stocks because the Arabs choose to invest in this ETF versus not trusting one out of the US for example, could be huge.

      I am looking forward to what happens with this.
      Nov 19 10:00 am |Rating: 0 0 |Link to Comment |View article
    • All the Gold in Saudi Arabia
      Enjoy reading the thoughts here.

      A great article pointing out the 3 banks shorting gold with over 50% of the market:
      www.resourceinvestor.c...
      Nov 18 12:45 pm |Rating: 0 0 |Link to Comment |View article
    • Saudis Made Right Decision in Refusing IMF Request, Investing in Gold
      It was pointed out to me by a man I have come to trust and respect for his knowledge of global finance, that at some point in the near future central banks will reverse course and become net buyers of gold.

      Recent articles show China and Iran doing exactly this.

      I dont believe it will be too much longer before western nations are forced to follow suit.
      Nov 17 09:20 am |Rating: 0 0 |Link to Comment |View article

Alex Stanczyk's Comments Stream Stats

  • 48 Comments, 5 , 0
  • Total Comment Stream rating - = 5