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Hope you are well.I agree with you.Oil is headed higher even if the demand equation is stable.For one simle reason.The fed will have to continue to print money to keep this dog and pony show going.I dont know why its so hard for people to comprehend that a big part of the $70 a barrel oil is...

25% of all home mortgages are ARM mortgages. As of a month ago 11% of that 25% are delinquent.So about 2.5% of all mortgages are in jeopardy.Do you really think the fed wants to see this number get any bigger,Especially since it takes 6-9 months for rate increases to be reflected in the...

Sept 26 is the last day.The number I read last week was 331 tonnes were sold by central banks so far this year.Article implies its highly unlikely they will meet 500 ton limit.But I ve been active in this sector on and off for 20 years,and I know that however unlikely it seems that they will...

The fed will keep printing money and stop raising rates and you think that gold is going down?HaHaHaHaHaHaHaHaHaHaHaHaHaHa

The central banks all sell gold into the market.Central banks have an agreement to limit their anual gold sales to 500 tonnes but exceeded that last year.Central banks have been selling their gold for the last two decades.Basically central banks have been selling over all these years to manage...

Matt ,its not something you marry,you trade it.Wheather it be stocks,options,futures or the physical metal, there is alot of money to be made in this sector.

sorry matt, the high was 852

If you are new to this sector, would recommend EXTREME caution.It is like no other.If you dont know how gold behaves throughout the year you could easilly be slapped senseless.There are many hidden variables such as the cartel, central bank selling,and worst of all ,market perception.

Back to the original post.2004 global demand was 3900 tonnes,while global production was just over 2400 tonnes.In 2005 global consumption increased to 2020 tonnes in the first six monthes of the year,while production is falling further yet.South Africa ,the #1 producer, production has fallen to...

For no apparent reason?Nothing personal,but its obvious to me that you know next to nothing about this sector.2004 global demand was 3900 tonnes,while production fell under 2500 tonnes. The main reason why gold is not substantilly higher is that the G-8 nations, except Russia have been net...

I would have to say no also.When has the fed ever considered our best interests.

tomcole,you're as wrong as you are uninformed.2004 gold production was just shy of 2600 tonnes.Consumption was just over 3900 tonnes.production is falling in the three largest gold producing countries,so this spread will widen.There's money to be made in any market,you just have to do your...

]Careful with your gss .Current strength is because they now are on a local power grid,as opposed to their antiquated deisel generator power system,which will now provide backup power only.Estimated savings,approx.$80 per ounce.This will definately make a difference on the bottom line.Goodluck.

Whooops, wrong forum.

May's employment report was more than weak.In addition I cant seem to find any revision numbers for March and April.Are these stats being withheld? I know that employment numbers are nothing more than a statistical extrapolation,I just like to know to what degree my chain is being jerked.There...

Henry Blodgett gave it a price target of a $1000.Just kidding.

AAA,-voice and data are available together and the prices are the same.However the introduction of ther voice option apparently eliminates the broadband speed option.In my own case,its worth the $80 bucks just for the unlimited freedom from the desk or office, and i'd prefer to research rather...

verizon 40$-60$-80$...80$ being unlimited monthly use,national access & broadband access.data only.T-mobil service only available at there hot spots,over a thousand nationwide ,starbucks,airports,etc.I want to be able to keep an eye on the accounts anywhere,especially when I go to my happy place...

Hey 7thdim, Some of your shorts are in at or near 52 week lows. In addition,the XAU has had a 20% drop in 8 weeks.Technically we should see a rebound.My charts and stats also indicate there will be a 8% to 10% rise in the XAU in the month of May, perhaps a little more.Its happened the last two...

I'd buy property, mostly bare land .because they're just not making anymore.