yes, i am buying, but please be aware that i have fear for the immediate future even as i am very enthusiastic for the future after immediate
From: J
Sent: Friday, April 19, 2013 3:44 PM
Subject: Re: dont understand gold
i absolutely am not saying the gold is necessarily / always a leading indicator when it rises or falls, for most of the times.
i am saying that whenever useless but noble / monetary gold rises / falls, and is followed supposedly on sympathy by other non-monetary / precious, surely nobler platinum, or antiseptic silver, and certainly more useful palladium, i am concerned, and
whenever the spin spun to explain gold's fall cannot simultaneously clarify ostensibly 'sympathy' moves by the other essential metals, i turn fearful, and
i recommend that we buy a little so that we have skin in the game, get set to panic, and get set to super leverage buy buy buy, but upon occurrence of what we fear
i fear 2008.
what do you fear? have you hugged your fear this night?
you see, it is not a question of what we believe, per <<I don’t believe gold is a leading indicator for everything else...>>
it is a matter of what was and could again be.
to understand gold we must be one with gold, and mind-meld with that which is one with us.
gold does not care whether we believe
gold cannot be bothered whether we fear
but we must care about gold, the price of which incorporates all that is known, knowable, unknown, and unknowable
From: H
Sent: Friday, April 19, 2013 1:32 PM
Subject: dont understand gold
You wrote:
We have a fear, and that being, the economically sensitive and industrially useful silver, platinum and palladium got clobbered along with ‘useless-but-monetary’ gold not because of sympathy or margin call, and not because of any of the popular reasons we read about, but because of what gold may be telling us about the forward direction of everything else, in line w/ 2008 Great Financial Crisis. If so, we must be very careful regarding everything else – in other words, gold is simply acting as it is supposed to, as a leading indicator for everything else; and
I don’t believe gold is a leading indicator for everything else...
If gold is falling, why is it telling us we’re onto the next great financial crisis?
In 2008, gold fell, but so did everything else.
Gold falling tells us what?
1) faith in Bernanke style printing trumps faith in gold?
2) Gold is only 15% correlated to equities.. it is its own animal.. there is nothing here
3) Is it supply/demand? Lots of central bank selling?
4) Threre’s always conspiracy theories of mkt manipulation.. but I’m not writing that on our newsletter.
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