Merrill Lynch States Some Wealthiest Clients Insisting On Delivery Of Physical Gold

I've got a feeling we're going to 500 usd again, triggered by deflation and a stockmarket that continues to be depressed in a calm manner.
 
Quote from ByLoSellHi:The metal should do well whatever happens. If deflation sets in and rocks the economic system it will serve as a safe-haven, but if massive monetary stimulus gains traction and sets off inflation once again it will also come into its own as a store of value. "It's win-win either way," said Mr Dugan.
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Wow a win either way. Heads I win, tails I win! Amazing. Why can't investing always be this easy, this is like free money!
 
Another fake bubble created by the brokerages. They take something that has a tiny bit of fundamentals(massive equity market fear) and encourage clients to leverage and buy the shit out of it. Look at a chart of GOLD vs PLATINUM, you tell me what metal to get long. Also I have zero position in metals or miners. And just for fun this is a 600 year price of gold.

http://www.sharelynx.com/chartsfixed/600yeargold.gif
 
gold broke big support today....down $34 ...i see $650...COT data supports this

platinum is breaking out. 30 year treasuries have retraced abit but will head lower.

usd still the best....gold is deprecating....dollars are not...
 
Anybody notice a pattern? When GC is up, it's because the Fed is printing money 24/7. When it's down, it's all just manipulation on Comex and the "real" price is much higher.
 
From the chief investment officer to JEM worldwide daytrading.

JEM noticed that many of his clients are seeking to purchase toner from previously replaced fax and color laser printers. Oddly JEM said he will not sell them unless they also purchase at least 2 rolls of thermal fax paper and at least one CRT monitor.
 
Quote from lrm21:

The fact everyone is talking up gold is a sign.

However, it also means its probably going to run a bit.

There is a great analyisis online, i am going to dig it up.

Which shows that gold is a terrible investment over time.

And its a poor inflation hedge versus other items.

Its only good when you buy and sell at the right time.

When I find it I will post in a seperate thread.

I think 5%-10% gold is more than enough. If you anticipate a currency collapse, like Argetina then the better hedge it to get
your money out of that currency period and out of that country.


Also, there is enormous supply because of the slack demand from heavy gold consuming countries like India.

But in times like this its the 3G'conomics
-Gold, Guns, and God!
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+1 Having the actual bullion is a pain becuae when you sell the spread between the bid ask can be as high s 20%. A survey of a couple local shops were around 700 sell to them 990 buy from them. WTF! Amajor move would have to occur to catch a break even point. One thing about having a 1oz. it that they make nice card holders for poker.

Akuma
 
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