Gold

[Skol]

JB,

No ETF or company has not delivered. It's like anything, caveat emptor, do your homework and only deal with reputable banks or ETF's with a track record.

A company in NZ didn't deliver, but it was run by scamsters, Bullion Buyer, one Christchurch family lost $340,000, hard to find sympathy, gold scams like this are a dime a dozen.

Who wants to take delivery anyway? Certainly not me, I'm not the least interested in storing gold in my house or anywhere else, it costs and there's risks, if I was interested in gold I'd only want what gold bugs call 'paper' gold so that I can trade it, or unload it whenever I want without moving out of the house.

[peat]

I wasnt thinking just about gold physical delivery although I recall GoldCorp not delivering (which you manage to exclude by using the word recently) But 'recently' is not relevant. We all know that risk is never there until it suddenly is. So restricting your historical view to 'recently' is ignoring the fat tails of a probability distribution.
If your position in gold is through a online account then your risk includes that possibility your broker defaults.
Were Bear Stearns considered reputable , or Northern Rock? Default happens and to ignore that and see paper assets the same as physical assets is simplistic when understanding risk.

[Skol]

"""I wasnt thinking just about gold physical delivery although I recall GoldCorp """

Goldcorp. LOL Ray Smith, who scammed the suckers and took off with his mistress to Utah. Not what you would call a reputable company, I pulled my money out of the sharemarket in 1986 because the writing was on the wall.

I could've made a lot more but I was getting very nervous watching everyone line up at the NZX in Queen St.

[Minerbarejet]

"""I wasnt thinking just about gold physical delivery although I recall GoldCorp """

Goldcorp. LOL Ray Smith, who scammed the suckers and took off with his mistress to Utah. Not what you would call a reputable company, I pulled my money out of the sharemarket in 1986 because the writing was on the wall.

I could've made a lot more but I was getting very nervous watching everyone line up at the NZX in Queen St.

Be sure to let us all know the next time you see any writing on the wall - it would seem the lines are starting to form so to speak

[Skol]

Just out from Incredible Charts.
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Gold's bear rally has run out of steam, with continued tests of support at $1440/$1450. Breach would penetrate the rising trendline, indicating another test of primary support at $1320. Target for the decline would be $1200*. Breakout above $1500 is unlikely, but would test $1550.
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[skid]

Who wants to take delivery anyway? Certainly not me, I'm not the least interested in storing gold in my house or anywhere else, it costs and there's risks, if I was interested in gold I'd only want what gold bugs call 'paper' gold so that I can trade it, or unload it whenever I want without moving out of the house.[/QUOTE]

Depends on why you want Gold

[Skol]

More gold weakness.

I'll quote my favourite US President, George W. Bush.

"this sucker's going down."

[stevo1]

More gold weakness.

I'll quote my favourite US President, George W. Bush.

"this sucker's going down."

SOME MORE quotes your fav pres SKOL
50. "I promise you I will listen to what has been said here, even though I wasn't here." --at the President's Economic Forum in Waco, Texas, Aug. 13, 2002

49. "We spent a lot of time talking about Africa, as we should. Africa is a nation that suffers from incredible disease." --Gothenburg, Sweden, June 14, 2001

48. "You teach a child to read, and he or her will be able to pass a literacy test." -Townsend, Tenn., Feb. 21, 2001

47. "I am here to make an announcement that this Thursday, ticket counters and airplanes will fly out of Ronald Reagan Airport." --Washington, D.C., Oct. 3, 2001

46. "Tribal sovereignty means that; it's sovereign. I mean, you're a -- you've been given sovereignty, and you're viewed as a sovereign entity. And therefore the relationship between the federal government and tribes is one between sovereign entities." --Washington, D.C., Aug. 6, 2004 (Watch video clip)

45. "I couldn't imagine somebody like Osama bin Laden understanding the joy of Hanukkah." --at a White House menorah lighting ceremony, Washington, D.C., Dec. 10, 2001 (Listen to audio clip)

44. "You know, one of the hardest parts of my job is to connect Iraq to the war on terror." --interview with CBS News' Katie Couric, Sept. 6, 2006

43. "The same folks that are bombing innocent people in Iraq were the ones who attacked us in America on September the 11th." --Washington, D.C., July 12, 2007

42. "I'm the commander -- see, I don't need to explain -- I do not need to explain why I say things. That's the interesting thing about being president." --as quoted in Bob Woodward's Bush at War

41. "Oh, no, we're not going to have any casualties." --discussing the Iraq war with Christian Coalition founder Pat Robertson in 2003, as quoted by Robertson

40. 3. "I think I was unprepared for war." –on the biggest regret of his presidency, ABC News interview, Dec. 1, 2008

39. "I will not withdraw, even if Laura and Barney are the only ones supporting me." --talking to key Republicans about Iraq, as quoted by Bob Woodward

38. "I hear there's rumors on the Internets that we're going to have a draft." --presidential debate, St. Louis, Mo., Oct. 8, 2004 (Watch video clip)

37. "I know how hard it is for you to put food on your family." --Greater Nashua, N.H., Chamber of Commerce, Jan. 27, 2000 (Listen to audio clip)

36. "Do you have blacks, too?" --to Brazilian President Fernando Cardoso, Washington, D.C., Nov. 8, 2001

35. "This foreign policy stuff is a little frustrating." --as quoted by the New York Daily News, April 23, 2002

34. "I don't think anybody anticipated the breach of the levees." --on "Good Morning America," Sept. 1, 2005, six days after repeated warnings from experts about the scope of damage expected from Hurricane Katrina

33. "I know the human being and fish can coexist peacefully." --Saginaw, Mich., Sept. 29, 2000

32. "I would say the best moment of all was when I caught a 7.5 pound largemouth bass in my lake." --on his best moment in office, interview with the German newspaper Bild am Sonntag, May 7, 2006

31. "They misunderestimated me." --Bentonville, Ark., Nov. 6, 20
30. "For every fatal shooting, there were roughly three non-fatal shootings. And, folks, this is unacceptable in America. It's just unacceptable. And we're going to do something about it." --Philadelphia, Penn., May 14, 2001

29. "This is an impressive crowd -- the haves and the have mores. Some people call you the elite -- I call you my base." --at the 2000 Al Smith dinner

28. "Families is where our nation finds hope, where wings take dream." --LaCrosse, Wis., Oct. 18, 2000

27. "I know what I believe. I will continue to articulate what I believe and what I believe -- I believe what I believe is right." --Rome, Italy, July 22, 2001

26. "See, in my line of work you got to keep repeating things over and over and over again for the truth to sink in, to kind of catapult the propaganda." --Greece, N.Y., May 24, 2005 (Listen to audio clip)
25. "People say, how can I help on this war against terror? How can I fight evil? You can do so by mentoring a child; by going into a shut-in's house and say I love you." --Washington, D.C., Sept. 19, 2002

24. "I wish you'd have given me this written question ahead of time so I could plan for it...I'm sure something will pop into my head here in the midst of this press conference, with all the pressure of trying to come up with answer, but it hadn't yet...I don't want to sound like I have made no mistakes. I'm confident I have. I just haven't -- you just put me under the spot here, and maybe I'm not as quick on my feet as I should be in coming up with one." --after being asked to name the biggest mistake he had made, Washington, D.C., April 3, 2004

23. "You forgot Poland." --to Sen. John Kerry during the first presidential debate, after Kerry failed to mention Poland's contributions to the Iraq war coalition, Miami, Fla., Sept. 30, 2004

22. "Goodbye from the world's biggest polluter." --in parting words to world leaders at his final G-8 Summit, punching the air and grinning widely as those present looked on in shock, Rusutsu, Japan, July 10, 2008

21. "The British government has learned that Saddam Hussein recently sought significant quantities of uranium from Africa." --State of the Union Address, Jan. 28, 2003, making a claim that administration officials knew at the time to be false
20. "The most important thing is for us to find Osama bin Laden. It is our number one priority and we will not rest until we find him." --Washington, D.C., Sept. 13, 2001

19. "I don't know where bin Laden is. I have no idea and really don't care. It's not that important. It's not our priority." --Washington, D.C., March 13, 2002

18. "So what?" –President Bush, responding to a an ABC News correspondent who pointed out that Al Qaeda wasn't a threat in Iraq until after the U.S. invaded, Dec. 14, 2008

17. "Can we win? I don't think you can win it." --after being asked whether the war on terror was winnable, "Today" show interview, Aug. 30, 2004

16. "I just want you to know that, when we talk about war, we're really talking about peace." --Washington, D.C. June 18, 2002

15. "I trust God speaks through me. Without that, I couldn't do my job." --to a group of Amish he met with privately, July 9, 2004

14. "Major combat operations in Iraq have ended. In the battle of Iraq, the United States and our allies have prevailed." --speaking underneath a "Mission Accomplished" banner aboard the USS Abraham Lincoln, May 1, 2003

13. "We found the weapons of mass destruction. We found biological laboratories ... And we'll find more weapons as time goes on. But for those who say we haven't found the banned manufacturing devices or banned weapons, they're wrong, we found them." --Washington, D.C., May 30, 2003

12. "Those weapons of mass destruction have got to be somewhere!" --joking about his administration's failure to find WMDs in Iraq as he narrated a comic slideshow during the Radio & TV Correspondents' Association dinner, Washington, D.C., March 24, 2004 (Read more)

11. "I'll be long gone before some smart person ever figures out what happened inside this Oval Office." --Washington, D.C., May 12, 2008

Next > Still More Idiotic Bushisms
10. "Rarely is the question asked: Is our children learning?" --Florence, South Carolina, Jan. 11, 2000

9. "As yesterday's positive report card shows, childrens do learn when standards are high and results are measured." --on the No Child Left Behind Act, Washington, D.C., Sept. 26, 2007 (Watch video clip)

8. "If this were a dictatorship, it'd be a heck of a lot easier, just so long as I'm the dictator." --Washington, D.C., Dec. 19, 2000 (Listen to audio clip)

7. "I'm the decider, and I decide what is best. And what's best is for Don Rumsfeld to remain as the Secretary of Defense." --Washington, D.C. April 18, 2006 (Read more; listen to audio clip; watch video clip)

6. "There's an old saying in Tennessee -- I know it's in Texas, probably in Tennessee -- that says, fool me once, shame on --shame on you. Fool me -- you can't get fooled again." --Nashville, Tenn., Sept. 17, 2002 (Watch video clip)

5. "Too many good docs are getting out of the business. Too many OB-GYNs aren't able to practice their love with women all across this country." --Poplar Bluff, Mo., Sept. 6, 2004 (Watch video clip)

4. "Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we." --Washington, D.C., Aug. 5, 2004 (Watch video clip)

3. "You work three jobs? ... Uniquely American, isn't it? I mean, that is fantastic that you're doing that." --to a divorced mother of three, Omaha, Nebraska, Feb. 4, 2005 (Listen to audio clip)

2. "Brownie, you're doing a heck of a job." --to FEMA director Michael Brown, who resigned 10 days later amid criticism over his handling of the Hurricane Katrina debacle, Mobile, Ala., Sept. 2, 2005 (Listen to audio clip; watch video clip)

1. "My answer is bring them on." --on Iraqi insurgents attacking U.S. forces, Washington, D.C., July 3, 2003

~Compiled by Daniel Kurtzman
GOD MESS ABLARICA and save the world from BUSHES

[Skol]

Still the best and most entertaining President, and he took down Saddam Hussein, who was gonna screw the world with high oil prices.
Took out lots of terrorists as well, a real hero!

Hope you don't own any gold Stevo, or you're goin' down too. lol

[stevo1]

More gold weakness.

I'll quote my favourite US President, George W. Bush.

"this sucker's going down."

Here is some more of your fav pres quotes http://politicalhumor.about.com/od/b...shquotes_3.htm