Naam Posted February 11, 2013 Share Posted February 11, 2013 OK Naam could be made up crap .. cyclist is talking crap Churchill. TV-member "Flying" who was an avid cyclist reader gave me last year some of cyclist's prophecies. they all turned out to be crap² Not all .... i remember Flying was quite accurate at times predicting Gold's moves ... & What with Solar storms in May etc Don't panic ... ! who knows Lets see shall we , at least he is trying to give a forward view rather than your backward view BTW Where is Flying .. ? Flying is busy setting up a company. by the way, Flying's rather good feeling for Gold was not based on "cyclist". Link to comment Share on other sites More sharing options...
Naam Posted February 11, 2013 Share Posted February 11, 2013 as Australia begins the debate whether to bring Gold home from the UK ....... which does not exist because either the Bilderbergs "stoled" it, or leased out, rehypothecated, vanished into thin air, used to finance the Viet Nam war, melted away because of global warming, given as alms to a Malaysian islamic state to mint Islamic Dinars... take your pick. to be on the safe side consult Max Keiser and have his findings reconfirmed by the Right Honourable Master Gloom&Doomer M. I. Das. Be on the safe side bring it home ... as the Germans are trying to do . you can't bring home what does not exist. Link to comment Share on other sites More sharing options...
midas Posted February 11, 2013 Share Posted February 11, 2013 (edited) Australia doesnt have a lot but every little bit counts..... response from an RBA FOI officer to several questions posed regarding the location of Australia's Gold: 1. Could you please confirm the total 'physical' and 'tangible property' gold holding by the Reserve bank of Australia in kilograms as at financial year end 2011. For clarity, the term physical refers to gold in possession and control of the Australian Government and not a derivative, financial instrument or promissory note. Answer: At the end of the 2011 financial year (30 June), the gold holding was 80 tonnes at a valuation at the time of A$3 473 million. 3. If so please provide a breakdown of foreign gold holdings in kilograms identifying the country where this is held. Answer: At 30 June 2011, 99.9% of the gold is held in the United Kingdom, at the Bank of England. The other 0.1% is held by the Reserve Bank of Australia. This distribution remains in place presently. http://www.bullionba...at-bank-of.html Edited February 11, 2013 by midas Link to comment Share on other sites More sharing options...
midas Posted February 11, 2013 Share Posted February 11, 2013 Ron Paul spoke with Bloomberg television (see video in Commentary) and said that we are in a currency war and we have been for decades Awww Ron Paul.........please dont use that word here..... it upsets people http://www.goldcore.com/goldcore_blog/ron-paul-%E2%80%9C6000-years-history-gold-always-money-paper-money-fails%E2%80%9D Link to comment Share on other sites More sharing options...
Jayman Posted February 11, 2013 Share Posted February 11, 2013 Ohh no... now reuters is using terms like "currency war" http://www.reuters.com/article/2013/02/11/g7-forex-idUSL5N0BBBHP20130211 LONDON, Feb 11 (Reuters) - The Group of Seven nations are considering a statement this week reaffirming their commitment to "market-determined" exchange rates in response to heating rhetoric about a currency war, G20 officials said on Monday. The language, which could be subject to change, implies that the major powers would not indulge in unilateral currency devaluation and reads very similarly to the last statement issued by the G7 on currencies in 2011. Link to comment Share on other sites More sharing options...
Naam Posted February 11, 2013 Share Posted February 11, 2013 some people have dirty grins on their face when listening to the diction of amateurs Link to comment Share on other sites More sharing options...
Naam Posted February 11, 2013 Share Posted February 11, 2013 churchill, on 2013-02-11 16:48:05, said:Russia is a known buyer Link to comment Share on other sites More sharing options...
Naam Posted February 11, 2013 Share Posted February 11, 2013 Link to comment Share on other sites More sharing options...
Naam Posted February 11, 2013 Share Posted February 11, 2013 UK beats Thailand in currency war. Thai army desperate, losing battle after battle. Link to comment Share on other sites More sharing options...
yoshiwara Posted February 11, 2013 Share Posted February 11, 2013 The gold bugs are unlikely to be publicising the latest comments from Dennis Gartman of The Gartman Letter. Link to comment Share on other sites More sharing options...
churchill Posted February 12, 2013 Author Share Posted February 12, 2013 churchill, on 2013-02-11 16:48:05, said:Russia is a known buyer Russia still buying yes & probably more .... but you got the wrong reason for the plunge ... The Pope's resignation ... silly ... http://www.zerohedge.com/news/2013-02-11/gold-silver-plunge-sympathy-popexit Link to comment Share on other sites More sharing options...
churchill Posted February 12, 2013 Author Share Posted February 12, 2013 The gold bugs are unlikely to be publicising the latest comments from Dennis Gartman of The Gartman Letter. Fartman who is obviously a very successful fund manager given his fund's performance http://www.bloomberg.com/quote/HAG:CN Likes gold in Yen and probably dong but not USD http://www.cnbc.com/id/100450646 Not sure why anybody listens to him... Link to comment Share on other sites More sharing options...
falkan Posted February 12, 2013 Share Posted February 12, 2013 nice dip today Link to comment Share on other sites More sharing options...
yoshiwara Posted February 12, 2013 Share Posted February 12, 2013 The gold bugs are unlikely to be publicising the latest comments from Dennis Gartman of The Gartman Letter. Fartman who is obviously a very successful fund manager given his fund's performance http://www.bloomberg.com/quote/HAG:CN Likes gold in Yen and probably dong but not USD http://www.cnbc.com/id/100450646 Not sure why anybody listens to him... .....because he doesn't play commodities like a broken record. So when he is interviewed on CNBC I listen to what he has to say. Link to comment Share on other sites More sharing options...
midas Posted February 13, 2013 Share Posted February 13, 2013 Would Returning to Gold Standard End Currency Wars? http://www.bloomberg.com/video/would-returning-to-gold-standard-end-currency-wars-_F9BhBKjR0WlvdP_8xdsqg.html Link to comment Share on other sites More sharing options...
midas Posted February 13, 2013 Share Posted February 13, 2013 (edited) Petrogold: Are Russia And China Hoarding Gold Because They Plan To Kill The Petrodollar? (Many believe this was also the real reason they killed Saddam Hussein and Gaddafi because they both fully intended to introduce Petrolgold ). http://theeconomicco...the-petrodollar Edited February 13, 2013 by midas Link to comment Share on other sites More sharing options...
fletchsmile Posted February 14, 2013 Share Posted February 14, 2013 (edited) I think gold has already had the best part of its run over the last decade. The forecasts of 2012 of 2,000+ and the even more ridiculous of 5,000+ in some parts never emerged. The western economies are still in bad shape, but the worst panics are behind us now (until next time). Not to say that everything looks rosy, just that we're way beyond Lehman's and the follow on. So the large Armageddon factor for the whole world has been slowly fading into the background. Gold is bought on sentiment. Sentiment is better for the world generally so less need for gold. For the last few years I've been enjoying the bull run in equities, especially Thailand. The following was a reasonable summary for me. Not the "best case against gold you'll ever read" that it claims to me, but some valid points. http://www.streetaut...Re&utm_content= I still have some gold holdings, but not expecting big gains. I see more potential on the miners. When you look back I think the postings by so many people on TV - reflection of the masses turning up at the party - to buy gold will be seen to have largely called the market close to the tops. One big flaw of gold bugs is they are blinkered and don't know when to reduce their exposures. The rest of us play the hands dealt and move on. Cheers Fletch Edited February 14, 2013 by fletchsmile Link to comment Share on other sites More sharing options...
Naam Posted February 14, 2013 Share Posted February 14, 2013 I think gold has already had the best part of its run over the last decade. The forecasts of 2012 of 2,000+ and the even more ridiculous of 5,000+ in some parts never emerged. blasphemy! Link to comment Share on other sites More sharing options...
Naam Posted February 14, 2013 Share Posted February 14, 2013 ]Wealth Daily's 2013 Gold Outlook[/b]Gold Rocks Gold has broken out of its long-term consolidation pattern and is ready to stairstep to the next level around $2,403 a troy ounce — and $2,753 after that. http://www.wealthdai...old-outlook/869 Link to comment Share on other sites More sharing options...
Naam Posted February 14, 2013 Share Posted February 14, 2013 (edited) here the usual blatant lies: But the Basel Committee is turning gold into a Tier 1 asset so it can be carried at 100% of its value.The new rules are already being implemented, but will really get going after January 1. http://www.wealthdai...old-outlook/869 Edited February 14, 2013 by Naam Link to comment Share on other sites More sharing options...
midas Posted February 15, 2013 Share Posted February 15, 2013 (edited) I think gold has already had the best part of its run over the last decade. The forecasts of 2012 of 2,000+ and the even more ridiculous of 5,000+ in some parts never emerged. The western economies are still in bad shape, but the worst panics are behind us now (until next time). Not to say that everything looks rosy, just that we're way beyond Lehman's and the follow on. So the large Armageddon factor for the whole world has been slowly fading into the background. Gold is bought on sentiment. Sentiment is better for the world generally so less need for gold. For the last few years I've been enjoying the bull run in equities, especially Thailand. The following was a reasonable summary for me. Not the "best case against gold you'll ever read" that it claims to me, but some valid points. http://www.streetaut...Re&utm_content= I still have some gold holdings, but not expecting big gains. I see more potential on the miners. When you look back I think the postings by so many people on TV - reflection of the masses turning up at the party - to buy gold will be seen to have largely called the market close to the tops. One big flaw of gold bugs is they are blinkered and don't know when to reduce their exposures. The rest of us play the hands dealt and move on. Cheers Fletch Funny, I didn't read any announcement as to how and when the global mountain of debt is going to be dealt with? Edited February 15, 2013 by midas Link to comment Share on other sites More sharing options...
Naam Posted February 15, 2013 Share Posted February 15, 2013 Funny, I didn't read any announcement as to how and when the global mountain of debt is going to be dealt with? by Russian and Chinese central banks establishing "PetroGold". evidence = recent price explosion of gold. Link to comment Share on other sites More sharing options...
fletchsmile Posted February 15, 2013 Share Posted February 15, 2013 Funny, I didn't read any announcement as to how and when the global mountain of debt is going to be dealt with? There never was a "global" mountain of debt. There remains of course mountains of debt in many western economies. These same western economies are becoming less and less important. As they do so their ability to shock the whole world becomes less and less. Link to comment Share on other sites More sharing options...
falkan Posted February 15, 2013 Share Posted February 15, 2013 anyone more stocking up gold today? picked up a couple of hundred baht of gold today.. Link to comment Share on other sites More sharing options...
Naam Posted February 15, 2013 Share Posted February 15, 2013 Funny, I didn't read any announcement as to how and when the global mountain of debt is going to be dealt with? There never was a "global" mountain of debt. There remains of course mountains of debt in many western economies. These same western economies are becoming less and less important. As they do so their ability to shock the whole world becomes less and less. more blasphemy! Link to comment Share on other sites More sharing options...
cheeryble Posted February 15, 2013 Share Posted February 15, 2013 More nonsense from someone who obviously doesn't know what he's talking about...... http://seekingalpha.com/article/1186991-got-gold-as-in-gld?source=email_rt_article_readmore Link to comment Share on other sites More sharing options...
GAS Posted February 15, 2013 Share Posted February 15, 2013 I went to Hua Seng Heng on Tuesday and bought 5 Baht, line was long, two people in front of me pulled out wads of Baht, over $20,000 USD each. I didn't walk out with my Gold...have to pick it up next week...they didn't have it...fwiw. Link to comment Share on other sites More sharing options...
yoshiwara Posted February 15, 2013 Share Posted February 15, 2013 I went to Hua Seng Heng on Tuesday and bought 5 Baht, line was long, two people in front of me pulled out wads of Baht, over $20,000 USD each. I didn't walk out with my Gold...have to pick it up next week...they didn't have it...fwiw. Since gold has lost 16% in $US since its peak they probably think it is sale time. Link to comment Share on other sites More sharing options...
cheeryble Posted February 16, 2013 Share Posted February 16, 2013 (edited) I didn't walk out with my Gold...have to pick it up next week...they didn't have it...fwiw. It's all part of the cover up. The German gold has to be replaced from somewhere as a couple of our regulars have it on high authority it ain't where it's supposed to be...... Edited February 16, 2013 by cheeryble Link to comment Share on other sites More sharing options...
GAS Posted February 16, 2013 Share Posted February 16, 2013 It's all part of the cover up. The German gold has to be replaced from somewhere as a couple of our regulars have it on high authority it ain't where it's supposed to be...... Talking about the gold that is held in the US? I don't claim to know it all, but being from the states (travel and do business in Thailand every six weeks) I can say with certainty that the US financial system (and the .gov) is one giant ponzi fraud. There must be a good reason the Germans asked for their gold back...and yes I do not think the gold is where it is supposed to be. Is anything in the US? They have looted money from every other fund, lockbox, etc etc to pay for other things. Not sure how things are gonna shake out, but I can tell you things are not getting better on the ground in the states...its getting worse, much worse. I am only holding 10% of my liquid money in physical gold, so am not an all in guy but there are some smart people who are seriously buying it up and when I see scenes like what I saw at Hua Seng Heng you gotta wonder.... Link to comment Share on other sites More sharing options...
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