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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (26039)	12/5/2007 10:01:10 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218198

<<I think we'll see gold at $1k sometime next year>> ... should, ought to, and may be will. <<... that if one treats gold dispassionately [think you can do that, Jay? vbg]>> nope, because it is so pretty, perfect, weighty, such delirious and frenzied joy to fondle, and when held in hand, one can be in harmonic alignment with what was, at the beginning, and what will forever be ... eh, i meant, yes, yes, of course, absolutely, without passion, like ... will ... a chunk of pig iron, lump of coal, sliver of wood, and a pile of fertilizer ... :0)

To: carranza2 who wrote (26039)	12/5/2007 10:05:00 AM
From: RJA_	Read Replies (4) \| Respond to of 218198

Sounding out of semi local coin dealer yesterday indicated the following: 1. Large demand. Folks showing up at shop he has never seen before (to buy). 2. Folks he has known socially now complaining that he has not told them about gold in the past. 3. Normally, if orders have to be fulfilled from wholesaler, turn around time is 4 days. That is now 2 weeks. He takes this as indicator of heavy demand. It seems hard to argue we are near a parabolic top as chart does not look that way. Current risks appear to be: If we get dollar bounce, gold will feel it. Also significant stock market drop could initially do same. Pros appear to be: Significant money printing everywhere. Competitive devaluations (as in CAD). Questions: What will ECB do re interest rates, as their mandate is to maintain currency stability (low inflation), but they are now incurring about 3% inflation in Euro Zone. On other hand Airbus is screaming about high valuation of Euro. German hyperinflation still a memory for some... and must be taught in history books. Can ECB be seen to disregard risks of this history? In event of significant disruption in energy supplies (or other commodities) what would be effect? Ideas and thoughts welcome... RJA