Gold

[elZorro]

Hi EZ.
Dunno mate.
Until Greece goes down we will continue this bumpy road sideways I reckon. Until she does finally slide off the cliff we wont know whos going over with her.

When she does, everything will tank. Stocks, gold, Guitar prices.

I just wish theyd get on with it. Im over meetings of world leaders getting together to save her for just another few weeks so they can try and suck a few more drops of blood from the poor. Im sure the Greek people are too.

I have to agree Strat, there don't appear to be many safe havens apart from cash, if confidence really goes. We saw that in 2008.

[skid]

Guess that depends where your cash is and how quickly you can get your hands on it-Remember those ques at the banks in the great depression? But up until that stage,yes, cash is probably a good safe option.10% in gold is still a good way to try and keep all the bases covered.

[STRAT]

I have to agree Strat, there don't appear to be many safe havens apart from cash, if confidence really goes. We saw that in 2008.

Its not all bad. It will of course present a chance to get in near the bottom again for those with an eye on the ball.

[Skol]

Its not all bad. It will of course present a chance to get in near the bottom again for those with an eye on the ball.

If history's anything to go by getting in at the bottom might mean staying there for the next decade or two.

http://www.ft.com/intl/cms/s/0/cb07c...#axzz1Zk5uMwbe

You can ignore the above JB, it's the 'mainstream media'.

How many goldbugs here have a formal economics education? That would be interesting to know.

[STRAT]

If history's anything to go by getting in at the bottom might mean staying there for the next decade or two.

www.ft.com/intl/cms/s/0/cb07c11c-edac-11e0-a9a9-00144feab49a.html#axzz1Zk5uMwbe

You can ignore the above JB, it's the 'mainstream media'.

How many goldbugs here have a formal economics education? That would be interesting to know.

A flat trendless market place for 10 to 20 years? Reckon not.

That mainstream media link gave a bunch of pop ups and a zillion articles to choose from

[Skol]

That mainstream media link gave a bunch of pop ups and a zillion articles to choose from

Look mate, I'm begging, please, no one will tell me, it must be secret.

What isn't the 'mainstream media'?

[STRAT]

Look mate, I'm begging, please, no one will tell me, it must be secret.

What isn't the 'mainstream media'?

lol
Bloody good guestion.

Non mainstream would
Report without opinion
Report all sides of a story
Report without agenda
Not be financed by anyone with an opinion or an agenda.

Good luck with your search

ps I was just repeating your choice of words. No opinion or agenda here mate......

[Skol]

lol
Bloody good guestion.

Non mainstream would
Report without opinion
Report all sides of a story
Report without agenda
Not be financed by anyone with an opinion or an agenda.

Good luck with your search

ps I was just repeating your choice of words. No opinion or agenda here mate..

Give me an example, or maybe JB can assist.

[elZorro]

I was just looking at the gold chart on Kitco. Gold has moved up from $1625 to $1665, a $40 jump in well less than 24 hrs. Go back a month or two and that was big news. Back a couple of months and $1600 was big news. Sorry Skol, Gold seems to be holding up at the moment. Not much else is, and you cetainly won't get many gains on cash in any country, on average. They are all creating more of it.

[Skol]

I was just looking at the gold chart on Kitco. Gold has moved up from $1625 to $1665, a $40 jump in well less than 24 hrs. Go back a month or two and that was big news. Back a couple of months and $1600 was big news. Sorry Skol, Gold seems to be holding up at the moment. Not much else is, and you cetainly won't get many gains on cash in any country, on average. They are all creating more of it.

They're creating more gold too, digging it out of the ground, heaps of it at this absurd price.