Naam Posted July 6, 2009 Share Posted July 6, 2009 I recently read the following on one of the blogs I follow; essentially -It is easier to buy assets (like PM) with cash on the way up (in the event of an hyper/inflationary outcome) than selling assets for cash (in the event of a deflationary/burst outcome). This makes sense to me and might be of interest to those (like me) who perceive some value in the holding of PM but also think (like I do), that a deflationary outcome is more likely, at least in the near term, and perceive some value in holding physical currency as well. it doesn't make sense to me and i claim that yield providing financial assets will increase tremendously in value and be in high demand in case of a deflationary environment. Link to comment Share on other sites More sharing options...
DaleBlue Posted July 6, 2009 Share Posted July 6, 2009 (edited) I do not know about the price. All I know is that my boy friend still owe me a ring. He keep saying that it is too expensive at the moment. Guess I have to wait a few more years. Hopefully price will fall before I am 30, else I will find a richer man (just kidding). Edited July 6, 2009 by DaleBlue Link to comment Share on other sites More sharing options...
Lost in LOS Posted July 6, 2009 Share Posted July 6, 2009 Naam, I have the perfect way for you to retire in the states. we trade passports. i take the German one, you take the US one. this way you can stay in the states and I don't get gouged for taxes when i am not living there. win win Link to comment Share on other sites More sharing options...
churchill Posted July 6, 2009 Author Share Posted July 6, 2009 Another one - Korean central bank may buy gold to diversify reserves http://www.bi-me.com/main.php?c=3&cg=4...=1&id=38674 Link to comment Share on other sites More sharing options...
Naam Posted July 6, 2009 Share Posted July 6, 2009 Naam, I have the perfect way for you to retire in the states. we trade passports. i take the German one, you take the US one. this way you can stay in the states and I don't get gouged for taxes when i am not living there. win win Jimmy, problem is that i have more hair than you and that goes for the pounds too but i could shave off and lose some weight Link to comment Share on other sites More sharing options...
Naam Posted July 6, 2009 Share Posted July 6, 2009 Korean central bank may buy gold to diversify reserves i may skip lunch today to diversify weight Link to comment Share on other sites More sharing options...
Lost in LOS Posted July 6, 2009 Share Posted July 6, 2009 (edited) Naam, I have the perfect way for you to retire in the states. we trade passports. i take the German one, you take the US one. this way you can stay in the states and I don't get gouged for taxes when i am not living there. win win Jimmy, problem is that i have more hair than you and that goes for the pounds too but i could shave off and lose some weight buy can you mimic my incredible personality?? by the way, i dont have a shaved head on my passport pic....we can work this out Edited July 6, 2009 by Lost in LOS Link to comment Share on other sites More sharing options...
Naam Posted July 6, 2009 Share Posted July 6, 2009 Naam, I have the perfect way for you to retire in the states. we trade passports. i take the German one, you take the US one. this way you can stay in the states and I don't get gouged for taxes when i am not living there. win win Jimmy, problem is that i have more hair than you and that goes for the pounds too but i could shave off and lose some weight buy can you mimic my incredible personality?? by the way, i dont have a shaved head on my passport pic....we can work this out mimicking your personality shouldn't be such a big problem. i will carry a Koi in my breast pocket, talk to him/her/it and rename my dog "Buddy". but can you provide a passport for Mrs Naam too? Link to comment Share on other sites More sharing options...
flying Posted July 6, 2009 Share Posted July 6, 2009 (edited) Another one -Korean central bank may buy gold to diversify reserves http://www.bi-me.com/main.php?c=3&cg=4...=1&id=38674 They better Then again for all we know they have more than USA As of late May this year, the Bank of Korea had 14.3 tons of gold, far less its counterparts in the United States (8,134 tons); Germany (3,413); China (1,054); Japan (765); Russia (537); Taiwan (424); the Philippines (154); Singapore (127); Thailand (84); Indonesia (73); and Malaysia (36 tons). Edited July 6, 2009 by flying Link to comment Share on other sites More sharing options...
cloudhopper Posted July 6, 2009 Share Posted July 6, 2009 I recently read the following on one of the blogs I follow; essentially -It is easier to buy assets (like PM) with cash on the way up (in the event of an hyper/inflationary outcome) than selling assets for cash (in the event of a deflationary/burst outcome). This makes sense to me and might be of interest to those (like me) who perceive some value in the holding of PM but also think (like I do), that a deflationary outcome is more likely, at least in the near term, and perceive some value in holding physical currency as well. it doesn't make sense to me and i claim that yield providing financial assets will increase tremendously in value and be in high demand in case of a deflationary environment. And those profits (as they may be realized) will be well-deserved for the liquidity, currency and credit risks the instrument holders are taking. Link to comment Share on other sites More sharing options...
Lost in LOS Posted July 6, 2009 Share Posted July 6, 2009 just read where the US Vp just said the US will not restrain Israel if it wants to bomb Iran Id say gold is going up............. http://news.bbc.co.uk/go/rss/-/2/hi/middle_east/8135414.stm Link to comment Share on other sites More sharing options...
teletiger Posted July 6, 2009 Share Posted July 6, 2009 Israel may not get the chance to bomb Iran. "Iran’s biggest group of clerics has declared President Mahmoud Ahmadinejad’s re-election to be illegitimate and condemned the subsequent crackdown." http://www.timesonline.co.uk/tol/news/worl...icle6644817.ece Regards. Link to comment Share on other sites More sharing options...
Naam Posted July 6, 2009 Share Posted July 6, 2009 I recently read the following on one of the blogs I follow; essentially -It is easier to buy assets (like PM) with cash on the way up (in the event of an hyper/inflationary outcome) than selling assets for cash (in the event of a deflationary/burst outcome). This makes sense to me and might be of interest to those (like me) who perceive some value in the holding of PM but also think (like I do), that a deflationary outcome is more likely, at least in the near term, and perceive some value in holding physical currency as well. it doesn't make sense to me and i claim that yield providing financial assets will increase tremendously in value and be in high demand in case of a deflationary environment. And those profits (as they may be realized) will be well-deserved for the liquidity, currency and credit risks the instrument holders are taking. there's no asset in which one can invest that does not contain any risk. Link to comment Share on other sites More sharing options...
wileycoyote Posted July 6, 2009 Share Posted July 6, 2009 Definitely going up. People are still looking for security in volatile markets Link to comment Share on other sites More sharing options...
Naam Posted July 6, 2009 Share Posted July 6, 2009 Definitely going up. People are still looking for security in volatile markets when? Link to comment Share on other sites More sharing options...
churchill Posted July 6, 2009 Author Share Posted July 6, 2009 Definitely going up. People are still looking for security in volatile markets when? Soon ! tit Link to comment Share on other sites More sharing options...
Naam Posted July 6, 2009 Share Posted July 6, 2009 Definitely going up. People are still looking for security in volatile markets when? Soon ! tit duly noted Link to comment Share on other sites More sharing options...
AlexLah Posted July 6, 2009 Share Posted July 6, 2009 Next week? Next month? Next year? Sometime? Link to comment Share on other sites More sharing options...
flying Posted July 6, 2009 Share Posted July 6, 2009 since guessing is in vogue....... If DOW gets below 8250 then shiny stuff going up could be sooner than later. But....but....but... Link to comment Share on other sites More sharing options...
Datsun240Z Posted July 6, 2009 Share Posted July 6, 2009 Buying a temple would be a good investment, lot's of gold. Link to comment Share on other sites More sharing options...
ozzieovaseas Posted July 6, 2009 Share Posted July 6, 2009 Buying a temple would be a good investment, lot's of gold. Yeh, a somtam peeler and a few bribes and we be set!!! Link to comment Share on other sites More sharing options...
teletiger Posted July 7, 2009 Share Posted July 7, 2009 Another 400 tons may be coming up for sale soon. http://www.financialsense.com/editorials/p.../2009/0706.html Regards. Link to comment Share on other sites More sharing options...
flying Posted July 7, 2009 Share Posted July 7, 2009 Link to comment Share on other sites More sharing options...
Datsun240Z Posted July 7, 2009 Share Posted July 7, 2009 Money greed is this the doom of the current life. Link to comment Share on other sites More sharing options...
Naam Posted July 8, 2009 Share Posted July 8, 2009 just read where the US Vp just said the US will not restrain Israel if it wants to bomb IranId say gold is going up............. your commander in chief chided his deputy. anyway, from a stupid democrat male version of Sarah Palin one can only expect bullshit. Link to comment Share on other sites More sharing options...
midas Posted July 8, 2009 Share Posted July 8, 2009 (edited) just read where the US Vp just said the US will not restrain Israel if it wants to bomb IranId say gold is going up............. your commander in chief chided his deputy. anyway, from a stupid democrat male version of Sarah Palin one can only expect bullshit. hang on a minute ! He didnt " chide his deputy " ? "Israel can determine for itself --- it's a sovereign nation --- what's in their interest and what they decide to do relative to Iran and anyone else," Biden said on ABC's "This Week." Obama said Tuesday that Biden had simply been stating a fact, not sending a signal. "I think Vice President Biden stated a categorical fact, which is we can't dictate to other countries what their security interests are. What is also true is that it is the policy of the United States to resolve the issue of Iran's nuclear capabilities in a peaceful way through diplomatic channels," he said. But as Defense Minister Ehud Barak said only last week..........its not USA that is being threatened with being wiped out so their time frame for negotiations is not going to be the same as USA This will happen as night follows day Edited July 8, 2009 by midas Link to comment Share on other sites More sharing options...
Naam Posted July 8, 2009 Share Posted July 8, 2009 ah sez... no attack on Iran (which can stop the development of nuclear warheads). any attack (should there be one) will most probably result in a (temporary) closure of the Straits of Hormuz, markets will tumble, gold and crude will (temporarily) spike. clever investors will have again an excellent chance to rake in profits. those sitting on gold will (temporarily) smile but later realise that "The LORD giveth and the LORD taketh". Iran will sooner or later have the bomb as does North Korea. nobody can stop that. that Israel can pull the same trick as in june 1981 is zionist propaganda cum zionist and general anti-iranian wishful thinking. Link to comment Share on other sites More sharing options...
midas Posted July 8, 2009 Share Posted July 8, 2009 (edited) ah sez... no attack on Iran (which can stop the development of nuclear warheads). any attack (should there be one) will most probably result in a (temporary) closure of the Straits of Hormuz, markets will tumble, gold and crude will (temporarily) spike. clever investors will have again an excellent chance to rake in profits. those sitting on gold will (temporarily) smile but later realise that "The LORD giveth and the LORD taketh". Iran will sooner or later have the bomb as does North Korea. nobody can stop that. that Israel can pull the same trick as in june 1981 is zionist propaganda cum zionist and general anti-iranian wishful thinking. Aha ! I agree with part of your opinion. I believe an attack will be a botched effort and will not achieve the desired result and I agree it will most likely result in the closure of the Straits of Hormuz. Its what happens to world markets and indeed geopolitics generally that no one can be certain about. I think this could be the first domino that will like the fire around the world and I dont see a resilient recovery. Then there is the question - how will would the worlds 1.5 billion Muslims react to this aggression e.. Pakistan ? And the difference between North Korea and Iran is that I believe Iran fully intends to use it. Maybe I can sneak in the same question here for which I was chastised by a moderator in another thread and with my posting deleted simply for asking this:- has anyone asked themselves where the likely aggressors in this situation would be likely to get the money from to finance this possible attack bearing in mind the population is only 6 million and they are in recession? Edited July 8, 2009 by midas Link to comment Share on other sites More sharing options...
flying Posted July 8, 2009 Share Posted July 8, 2009 (edited) has anyone asked themselves where the likely aggressors in this situation would be likely to get the money from to finance this possible attack bearing in mind the population is only 6 million and they are in recession? Easy........ guess Edited July 8, 2009 by flying Link to comment Share on other sites More sharing options...
midas Posted July 8, 2009 Share Posted July 8, 2009 has anyone asked themselves where the likely aggressors in this situation would be likely to get the money from to finance this possible attack bearing in mind the population is only 6 million and they are in recession? Easy........ guess Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now