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Yo, Anaconda - still think my short position is in trouble? :D

Your post does not make a ton of sense to me. First you state the time to buy was 3 months ago, then you go on to say there's still lots more upside - why not just place a market order right now if it'll shoot up much higher. Unless of course, it looks a little frothy to you at the moment - in...

I need no protectors, here or elsewhere. I don't have to convince anyone as I have already formed an opinion and will stick to it. The short will work out just fine, because it is YOU who is the sheep, and when the herd starts stampeding the other direction, chaos inevitably ensues. And no, you...

1. I am not a kid. 2. I have not been actively trading gold lately but stepped in recently due to the bubble obvious to so many, just not you. 3. You joined ET two months ago and already have "contributed" hundreds of offensive, arrogant comments like this one. You truly are an asshole. 4...

Wow, trying to pick a fight? Yes, I do know what I am talking about, but perhaps it's not the same thing that you meant. Do me a favor and look up what contango means on Wikipedia, then come back and argue.

Only easy, if you are playing the contango game by shorting a later contract while buying the front month of it, then storing the physical for the whole duration.

I don't mean any disrespect, and this is probably off-topic but - are you one of those survivalist, Ron Paul worshipper, "put all your money in gold because the end is coming" types? I'm asking this in reference to your quote above.

You got me confused here - are you now saying you'd rather be long on the futures, and not physical gold? I thought you were suggesting the opposite earlier... of course, if that's the case your leverage is through the roof (as it always is with futures), so the safe haven argument is completely...

So you are advocating putting your money in a rather illiquid, volatile commodity as a means of protecting your wealth, while attempting to avoid holding the bag? What is the "spread" on the physical bullion, anyway? I bet it's hefty enough to thwart a closing transaction within a reasonable...

I never said it won't cause any inflation at all - just not for a while. See my immediately preceeding post. Fair enough. But they do guarantee the return of your principal, which cannot be said about gold (or any other commodity, for that matter).

First off, Zimbabwe is a toilet even for an African country, always was and probably always will be, as long as it is run by a dipshit dictator who is not accountable to anyone. If we all agree on this point, perhaps we should stop discussing it in the the context of this thread. Second, in...

Hmm, you are comparing the U.S. to Zimbabwe? Name one occasion on which the government here defaulted on its debt. Once the precedent is established, we can certainly draw such parallels. All things considered, treasuries are still a safer place for a risk-averse investor than gold. And yes...

Back in at the highs? Well, that's quite contrarian in and of itself; usually, traders like to buy low and sell high. :D Seriously though, you might be okay riding this thing a few points, but the money you make along the way will be erased when your puts expire worthless. Similarly, your...

They don't necessarily have to flood the world with new dollars, as the only solution. There's always the option of selling more debt (who says hope is priceless?). If there is a combination of both measures in place, then inflation effects of quantitative easing will be mitigated by the...

What's the source of this data, may I ask? Sure, 10 years down the road inflation will be much higher than it is now (and this is why these "expectation" charts are meaningless when viewed during a recession), but do you think it justifies the 35% rise in gold price in the last three months? PA...

What exactly does this chart represent? Gold is a trading vehicle, just like any other. Unless there is compelling evidence to the contrary, e.g. retail discounting coming to an end, equity markets/energy prices/corporate spending all rebounding strongly etc - deflation is the name of the...

Sorry, but you're wrong - inflation won't be an issue in any of the developed countries experiencing the current downturn for quite some time. When every news outlet including Bloomberg and CNBC is telling you to buy gold, you know the train has already departed and pretty soon the herd will...

That's exactly what I thought some time last year after gold broke $1K. What could possibly take it down, right? Inflation-aversion was the name of the game, oil was riding high on its way to $200/bl - well, gold is back almost all the way to that level, while EVERY single dollar-measured asset...

And look at where the dollar is in relation to other currencies - a total disconnect with gold. This gap is unsustainable.

What asset classes are you talking about here? In FX, a 100:1 leverage will earn you 100% of your investment on any move of 1%, long or short. In futures, you can't have that high a leverage, but the logic is similar. No need to let your hair go gray waiting for 50% decline, or gold doubling in...