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I know, it's getting really old and boring these gold topics. Every one knows it will continue to go higher so there is very little left to discuss. Ofcourse you have the obligated contrarian who has been screaming for it to collapse to 500$ an ounce because it is overowned...

If one is pro free market and pro capitalism one should be perfectly ok with the concept of a beggar. If you think shaving your head, sticking feathers on it with glue and dance around in the street like a chicken will provide you with the necessary income to support yourself go for it.

Daal, I was wondering if you (or others reading this topic) might share your view on natural gas. Cheers.

Belgium. Which is basically a tiny country compared to the US and maybe in other places in europe education is very expensive as well, that I am not sure of.

It costs maybe 5 to 10K to get a college degree here in europe. For me it's very hard to grasp the notion of going 100K into debt to get a college degree in the US. Not saying this shows the supremacy of Europe's system but it doesnt gives much credit towards the US its system neither if...

The claim that capital gains in gold are illusional because it is merely a sign of monetary debasement is a fallacy in my view. I can't understand how even smart people often fall for this presumption. If C goes from 2$ to 50$ it's a bull market, if gold goes from 300$ to 3K it's a...

Euro/AUD almost back to pre unwind condition...:D

I believe it was Simmons in the spring of 2008 who advocated for all governments to disolve their armies instantly, melt all the weapons available and rebuilt the decaying oil infrastructure immediately before it was too late and a barrel of oil costs 300$ an ounce. The drop in oil from 150$...

http://insider.thomsonreuters.com/link.html?ctype=groupchannel&chid=3&cid=111042&start=0&end=2382&shareToken=Mzo0MzJmNWY2ZC1kZmU0LTQ0MjgtYjE1Yy1jZWU3ZjFmYjU5MDM%3D Faber on China. Candid as always.

Faber has a real job. Telling people how to become rich. Look at gold...:)

People will just buy gold instead!:) And if Merkel tries to curtail the purchasing of gold for the German people... She will be dragged out of her office by her hair.

Bernard Madoff, the author of the biggest Ponzi scheme in history, told inmates at the Butner prison where he is serving his 150 years jail sentence that his victims deserved what happened to them, because they were rich and greedy, according to an article in New York Magazine. Hey, it's a...

That's a great link. Spain defaulted 13 times since 1800. :D

All those people cleaning up, BP investing billions in finding a solution... Could it be? In theory it could be true which raises the question if GDP is indeed the method of choise to calculate progress in society does it not?

Nobody will default. Jeez... How many trillion do they have to throw at the system before people start to get it.

Gold is money, silver is change. But don't tell this to the silverbulls or they'll start raving about how silver translates as money in about a language or 60.

Daal you don't think the strong USD is a worry for the FED? They don't believe anymore a weak currency is beneficial towards revamping the export sector?

Yeah, central banks just love the electronica sector as it provides much of the deflationary forces they so desperately seek or so they claim. For your information, computer memory, portable music players etc got slapped with a 10% tax to set right what illegal downloading has done wrong...

It's because central banks, governments and investment banks worldwide have a vested interest in keeping the price of gold under control and because of that they are granted to step in and put downward pressure on the price of gold. But, as the price of gold clearly has shown these last...

As inflation jumped to 2.2% here in europe here are 10 things that increased in cost considerably: Strawberries +36,90% flowers +16,38% Fresh fruit+14,48% motor vehicle inspection +14,48% Veterinary consultation +13,54% Roundup garbage +3,72% Foreign traveling +2,78% Milk chocolate...