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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (52576)	2/3/2006 7:45:18 PM
From: yard_man	Respond to of 110194

>>DISCLOSURE: Bought more April Gold futures today.<< Do you live on a compound somewhere in Arkansas?? Own a lot of guns?? Stockpiling canned goods?? <VBG?

To: ild who wrote (52576)	2/3/2006 7:53:45 PM
From: UncleBigs	Read Replies (4) \| Respond to of 110194

This chart compares gold vs. russell 2000 vs. Real Estate using the IYR as a proxy. stockcharts.com While not a perfect correlation, you can see that all basically move in the same direction in tandem. To me, they are all liquidity and psychology proxies. In my opinion, a bullish bet on gold right now is also a bullish bet on the Russell 2000 and IYR.

To: ild who wrote (52576)	2/3/2006 8:55:47 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 110194

Ild, Do you have a link for GLD numbers?

To: ild who wrote (52576)	2/3/2006 9:46:23 PM
From: Real Man	Read Replies (1) \| Respond to of 110194

It's a risky time of the year to buy gold right now. Wait until August. Sure, we could continue the rally, but seasonal factors favor a top. Keeping a LT position, perhaps, taking some chips off the table, is what I would do. Or cut risky positions (paper gold), keep the metal. The metal should not be sold in this economic environment.

To: ild who wrote (52576)	2/4/2006 1:08:55 AM
From: shades	Read Replies (2) \| Respond to of 110194

I view most GLD investors as LTBH. Why? Do they like looking at shiny metal? Do they like wearing jewelry - gold is a means to an end for them right? Will they hold gold at 2000 an ounce? What about 200K an ounce as one poster said? What about 2 million an ounce? When will they STOP holding it - they dont want the GOLD - they want what they think profits in gold will bring them no? Just like the gold horders in spain of yesteryear - to have a more lavish lifestyle with red lobster, travel, big houses, nice boats, lots of entertainment and very little work or productivity. GOld in and of itself will not bring this, but a more advanced and ethical society can - investing in GOLD does not get me medicine to extend my life - investing in technology and research does - spain didn't figure that out and it cost them. Religious right nuts that put in leaders that want holy wars is stopping the stem cell research funding - GOLD helps that how? We need to edumecate the voters who want to stop progress to their own detriment - how does investing in GOLD do this? What practical use does it have to the everyday joe? I guess I watched too much star trek and stargate - everyone wants technology and information - while all you guys watched Treasure Island with Long John Silver. I see people saying we got to have gold to keep gubbment honest - no we dont - we just need a society of good informed citizens and lots of watchdogs - more calculated risks and less riskloves - we dont need gold. We need more transparency and technology can bring that.

To: ild who wrote (52576)	2/6/2006 12:01:33 PM
From: aknahow	Respond to of 110194

Interesting thought:"They doubled in a year. Why can't gold double? In fact Copper and Sugar are important commodities. As they doubled they inflicted significant pain on consumers. Who cares if gold doubles? No one." But in part they doubled because people use copper and sugar and the usage alone builds pressure for the price to rise. Since gold is not used up, to any great extent, the same force that moved sugar and copper is not present. But still think you are right in that, other than some governments, there will be no public protest or pain from a doubling in the pog.