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VW has been on a huge slump as of late. You think it's a buy at some point? Cheers.

India is open to buying more gold from the International Monetary Fund following its purchase of 200 tonnes earlier this month, the Financial Chronicle newspaper said on Wednesday, helping to drive gold prices to an all-time high. But India's central bank governor, Duvvuri Subbarao, declined to...

This board has become such a gold forum.:p

I've looked at the ownership of about 20 to 30 (gold) mines and the one bank featuring the most amongst its peers is Barclays so it could very well be that they are talking their book. They did got slaughtered in their precious metals holdings in 08.

People often frown upon gold because it has no industrial use limiting potential demand but at the same time like to compare the rise in oil of 08 to the rise in gold of today. The difference obviously is in theory unlike high oilprices high goldprices hurt no one except perhaps the...

No, its going to 2K.

Long gold and short the dollar has been the way to play for a decade now. Stating that this can't continue.... just because it can't seems to be a bit low in substance no offence. I would bet people in 1980 would have sweared the Dow going up 1500% would never ever happen. But it did...

It’s not clear he’s going anywhere but if Treasury Secretary Tim Geithner were to lose his job, JPMorgan Chase (JPM) CEO Jamie Dimon is emerging as a potential replacement, the New York Post reported. A number of policy makers have begun mentioning Dimon as a successor to Geithner, who...

AKA The 'Beijing put'.:cool:

Paulson's golden investors have to commit $10 million Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus. In return...

I thought it to be interesting enough to post it here. Enjoy. Since Jim Rogers, 67, co-founded the Quantum Fund with George Soros he has worked as a guest professor of finance at Columbia University and as an economic commentator. In 1998, he founded the Rogers International Commodities Index...

Peter Shiff said tuitions would collapse because everyone would be too poor to afford it. I guess he was wrong.

Next stop: foreign exchange controls! Why? Cause it's the right thing to do damnit! Or are you siding with those commie Chinese???? Something about history not repeating but surely rhyming.

Banks have been going bankrupt since the dawn of men. Did the crash of 29 stop the US of becoming one of the greatest superpowers in history? Did the Weimar episode stop Germany from becoming a global export powerhouse only 2 generations later? Wasnt Japan Bankrupt as well last century...

Great stuff again. Daal, if I may ask you, you wouldnt happen to be aware of any research done on seasonal trendlines would you? Cheers.

Jim Rogers would say: 'because we are still early in the commodity bull cycle.':)

Achilles, You have a great pen and an even greater talent for putting the finger on the wound without falling into the trap of cheap shots. Cheers.

So you wouldnt agree there was a correlation between the end of the world that finally had arived and one of the greatest stockmarket rallies in recent history?

While Indian gold consumption is low, prices are soaring because of global trends. Even if we assume that privately held gold in Indian households has remained stagnant at 15,000 tonnes in the last one year because of slackening demand, the value of this holding has gone up from $ 378 billion...

Is this why the markets are down?:p