Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (19268)	5/24/2002 3:26:44 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi Joel, <<some decent fundamentals>> Yes, there are, but the other side already made up their closed minds and have no intention of taking such truths into account: Message 16898478 So let me try again, from a different approach. Here is my script for gold: Gold, while a contra-asset, behaves as all assets do, becomes more attractive and desired as its price rises. It is therefore hard to determine its true worth. (a) Gold becomes generally acceptable, patriotic, and polite company topic (b) Funds buy some (c) Individuals buy some (d) Some derivative or exogenous event trigger more buys (e) Someone notices a shortage (f) Interventions fail (g) More and bigger M&A deals by high PE un-hedged mining companies with low PE hedged mining enterprises (h) Gold mine IPOs (i) VC funded explorations (j) University enrollment in mineral geology rises sharply (k) J6P seriously participates, followed by second wave of H4P, S2B, W3C in echo frenzy (l) Gold stocks splits repeatedly (m) Structured products for retail investors (n) Copycat frenzy in other resource shares (hint: palladium, platinum, and rhodium will be on the list) (o) Jewelry brought out by owners for recycling (p) Central bankers start buying (q) Congressional investigation of FED/Treasury gold accounting (r) Swiss cantons vote for accumulation (s) GE and AIG hits CNBC talking about how much imputed gains they managed on explorations below the Thames River (t) London riverside apartments rise in price (u) Boston municipality authorizes exploration of Charles River to balance budget (v) Bre-x II, the sequel (w) Discovery of a new object of frenzy replacing gold, first talked about on CFZ, then picked up by BBR thread Notice we did not have to invoke Chinese-math (if everyone buys a toothbrush ...) to back the bull as yet. I will however quote from the Indian-Japanese math done by Marc Faber via dailyreckoning.com Quote Japanese buying of gold is tiny," writes Marc Faber, "when compared to the country's GDP per capita. Japan currently imports only about 100 tons of gold annually for a population of 120 million with a GDP per capita of more than US$35,000. Compare this to India, which imports close to 900 tons of gold for a population of one billion but with a GDP per capita of only around US$300! "Compared to India's purchases with a far lower purchasing power, Japan's gold buying has so far been very small, but it could rise significantly in the future and become a price-driving factor in the gold market." Unquote So you see, we lemmings have such a long way to run yet:0) Oh and oops, what is this? The officialdom is already preparing the way for open WAT against gold: Message 17509187 No matter, because intervention will be bullish, for the power of the people is strong. Chugs, Jay

To: Box-By-The-Riviera™ who wrote (19268)	10/25/2003 11:20:02 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Joel, Following up to this post Message 17509293 that led to this post Message 17510605 <<May 25th, 2002 ... (a) Gold becomes generally acceptable, patriotic, and polite company topic>> ... triggered by this article financialsense.com ... A reminder, most of the gains will be at the tail end of the mania, and we are still in the way-early days of this sequence of happenings :0) <<Gold, while a contra-asset, behaves as all assets do, becomes more attractive and desired as its price rises. It is therefore hard to determine its true worth. (a) Gold becomes generally acceptable, patriotic, and polite company topic (b) Funds buy some (c) Individuals buy some (d) Some derivative or exogenous event trigger more buys (e) Someone notices a shortage (f) Interventions fail (g) More and bigger M&A deals by high PE un-hedged mining companies with low PE hedged mining enterprises (h) Gold mine IPOs (i) VC funded explorations (j) University enrollment in mineral geology rises sharply (k) J6P seriously participates, followed by second wave of H4P, S2B, W3C in echo frenzy (l) Gold stocks splits repeatedly (m) Structured products for retail investors (n) Copycat frenzy in other resource shares (hint: palladium, platinum, and rhodium will be on the list) (o) Jewelry brought out by owners for recycling (p) Central bankers start buying (q) Congressional investigation of FED/Treasury gold accounting (r) Swiss cantons vote for accumulation (s) GE and AIG hits CNBC talking about how much imputed gains they managed on explorations below the Thames River (t) London riverside apartments rise in price (u) Boston municipality authorizes exploration of Charles River to balance budget (v) Bre-x II, the sequel (w) Discovery of a new object of frenzy replacing gold, first talked about on CFZ, then picked up by BBR thread Notice we did not have to invoke Chinese-math (if everyone buys a toothbrush ...) to back the bull as yet.>> Chugs, Jay