Gold

[Skol]

well take the house cap off at current share values my Bullion value has held strong prob round 15% which I'm more than happy..if the shares kick into gear it will drop if you add in my gold/silver shares it lifts it to 40-50% ....

JB,

this is what happens when you're overexposed to risk. Gold and silver are high risk, these dudes learned the hard way.

http://www.stuff.co.nz/business/6753...-Treaty-payout

[JBmurc]

JB,

this is what happens when you're overexposed to risk. Gold and silver are high risk, these dudes learned the hard way.

http://www.stuff.co.nz/business/6753...-Treaty-payout

Silver high risk ---"demand out strips production" (re-read 100 times) Wake up skol

[Skol]

Silver high risk ---"demand out strips production" (re-read 100 times) Wake up skol

The world has never run out of anything, you've been reading too much silverseek and Silver Institute.

Last year the price of silver crashed because when it got to about $50, 1100 tons hit the market. It only needs the price to go up to locate thousands of tons of gold or silver, and Jon Nadler says the recent topping out of gold at $1700 is because that's when recycled gold is sold.


I've been told for the last 40 years that oil demand is exceeding supply. LOL

[JBmurc]

the silver price crashed because paper promises of 1100 ton of naked silver was most likely sold....the like of the US don't even produce enough silver to meet all of the local bullion demand ....either does most of the western nations....then when you see bullion is tiny compared to industries demand ....you got it big imports from off-shore .....now you think the big user Apple,Samsung,GE,Weapon makers etc want a higher Silver price course not ....

some great reading --
http://www.silver-investor.com/charl...ilverUsers.swf

[lakedaemonian]

You've been listening to the gold 'experts' who've been consistently wrong.

Noriel Roubini called the proponents of the gold standard 'lunatics and hacks', rubbishing an 'investment' that has no fundamentals.

We undoubtedly still have a way to go but the worst is behind us.

According to the FT, deleveraging could take another 3 years, if gold was gonna 'go the moon' it would have done it by now.

You should really check out Eric Janszen over at iTulip.com

He's an expert......and he hasn't been wrong yet in the last 12+ years on the big picture stuff.

If you're following the chatter from the perpetual goldbug crowd, or the gold haters in the financial services industry which purchase the advertising in the traditional financial media then you're looking in the wrong place for decent analysis......because then you'd be relying on crazy or bias, respectively.

Gold could drop a bit on the next leg down in the financial markets later this year.....if it does, I'll convert more cash into gold....if it doesn't, I'll stay where I'm at.

But it still represents the least bad option out there, until the day it doesn't......which is still quite a ways down the track.

[Skol]

You should really check out Eric Janszen over at iTulip.com

He's an expert......and he hasn't been wrong yet in the last 12+ years on the big picture stuff.

Eric Janszen's your psychic lake?

He's never been wrong?

How come he's forecast $2500 to $5000 for gold? Where is it?

Maybe you should listen to Jon Nadler some more, he doesn't promise the goldbugs infinite riches.

If Nadler said gold was going to Mars and $50,000 he'd be the most popular goldbug analyst on the planet.

[Skol]

ATTENTION ALL GOLDBUGS

You wanna know who the the real banksters and scamsters are?

Here's a list.

http://www.thevoicemagazine.com/mone...-got-gold.html

So far every single one of them are wrong.

What's your personal tarot card reader forecast?

Patsys actually pay money for that advice, hard to believe isn't it?

[JBmurc]

well worth a watch if you actually understand that all is not well and most of the western world is going have to go through major short term pain to get back on track from the real growing debt crisis that isn't going away

http://www.youtube.com/watch?v=xyzuj...eature=related

[elZorro]

JB,

this is what happens when you're overexposed to risk. Gold and silver are high risk, these dudes learned the hard way.

www.stuff.co.nz/business/6753899/Iwi-loses-most-of-Treaty-payout

But here's what happened when a bigger tribe obtained a Treaty settlement, even more lost to opportunists with plausible stories. They learnt from this, and now they are showing the Waikato europeans how to invest (The Base etc). Good on them.

http://www.nzherald.co.nz/nz/news/ar...bjectid=117717

[elZorro]

Skol, maybe QE3 is just around the corner? This guy doesn't have gold to sell, just shares.

http://finance.yahoo.com/blogs/break...115057583.html