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Gold mined in Russia is not allowed to leave the country? Where did you get your information from? Central Banks are not sellers of gold? Are kidding?????? I think you need to check your facts. Getting back to my point made earlier about gold salvaged from shipwrecks, the SS Egypt carried...

There are also hundreds of Spanish and Portugues vessels which carried a heck of a lot of gold that they are salvaging as we speak. Not to mention the Dutch wrecks off the Cape of Good Hope. Do your own research, you will be better off for it. On a related topic, there was recently an assay...

Your argument is factually flawed and is actually humorous to read. Sorry, my apologies. You have little, if, no idea what you are talking about. My advice to you is to educate yourself, don't expect me to do it for you. Time will tell won't it. The biggest fantasy stories I hear is gold...

And what is the name of that company that says it can extract millions of tonnes of gold from seawater with technology that is only a few years off. Check it out! Do your own research! Millions of tonnes, that IS a lot of gold......! etc etc etc

Consider this. Hundreds of Second World War Japanese and German ships and submarines carrying literally tens of tonnes of Gold in each vessel being hauled up from the ocean floor in the next few years with new salvaging technology. Thats a heck of lot of gold coming on-line!

I completely disagree. Not only will we see Gold below $500 an ounce in our lifetime we will see it by the end of the year! Massive amounts of gold are coming on line because old, dissused mines are increasingly profitable and there is a heck of a lot of gold in those mines! Check out BDG:AX...

Both! I've got a short and many long positions....I'm in Australia we invented metals speculation!

Kim Jong Il fires dozens of rockets over Japan for the 4th of July Gold rallies...then drops off Israel and Lebanon attempt to start WWIII Gold rallies..then drops off

Some Funds are using the little excess liquidity they have in attempting to start a momentum up in Gold. Other funds are convinced the "smart" money is on the other side of the trade and are selling into the "rally" from US$560-580. Polish Government is looking at selling some of its Gold...

Whatever the reason a lot of people and a lot of dollars have come off the price people are willing to pay for gold. US$150/20%+ fall tells me a few things:- 1/Get out of Gold ETF's 2/Get out of physical gold 3/ Get out of companies with a lot of debt and who do not hedge: NEM 4/ If you are...

Yup! There are MANY Hedge Funds "based" there It doesn't take much buying to move gold a few bucks. Gold is down this morning I rarely watch CNBC only Asia Market Watch and only because I find Amanda Drury attractive.

I've heard that one before. I wish I had a dollar for every time I heard stuff like that. The recent run up in gold was hedge fund buying out of Bermuda and the Cayman Islands. Gold was US$580 last I saw down 6 bucks on what I thought was 'good news' for the metal! When you have various...

Good luck dude!

I was just reminded of this:- I saw an interview with Mark Faber last week who said that 'Gold is a finite resource' <<<How does he know exactly how finite it is? He explained that just because of THIS so called finite resource "fact" Gold will be going up indefinately. He said "Sure...

The rise in price of Gold is nowhere near as pronounced when you price gold in Euros or the Australian Dollar. "Whatever goes up...must come down. The trick is to know when" I would just leave gold alone at the moment.

I have been trying to say much the same thing in a gentle manner because I literally DO get hate mail when I call the end of a bubble. I completely agree with Mr Chan's analysis. I saw an interesting feature article on the Chinese "middle calss" today. They do have spending power in China...

That is exactly what you want in a gold stock. There is a lot of upside in a stock even if the price of gold keeps dropping. The latest news:- Some North Korean propaganda agency is talking about firing some primative missile and the price of gold jumps 3% LOL I'm sorry it just makes me laugh...

Well if we didn't have differing views and positions there would not be a market! We would have Communism! My personal opinion is that gold by the end of the year will be around the US$400 mark. Historically, this is still VERY high. Interday Asian trade gold was around the mid US$560's. We...

A lot of renters became 'owners' during the time of 'cheap mortgages' so excacerbating the glut. In the suburb I grew up in, the vacancy rates are 35% or even more. All the old large Art Deco houses on 1/2 Acre blocks were buldozed and now have as many as eight apartments on them! A few have...

How are ya SmartMoney! When I say " they own their investment property" I should have said "own". Property "Owners" (they do own some of the equity in the property they have a mortgage on, (or perhaps more accurately the definition should be:- people who live in the house...