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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (36337)6/30/2008 9:06:06 AM
From: Secret_Agent_Man  Respond to of 217612
 
I'd call that artificial price suppression- bwdik- seems there are sellers at every turn everytime gold tries to make a move or when it does make a move it get's bombed in short order- and synthetic gold ala derivatives have exploded upwards- and we have no real transparency with our US treasury about actual numbers vs leased and swapped gold- nevermind what they mean by "deep Storage" hell that's unmined gold but again WDIK?



To: Haim R. Branisteanu who wrote (36337)6/30/2008 9:06:38 AM
From: TobagoJack  Respond to of 217612
 
interesting pov

agree that gold is not keeping pace with the rest of the commodities complex, perhaps because it is not precisely a commodity

it seems to behave more like money, and is money in hk (given that it can be ledgered in bank statement, exchanged for spending money when banks are open, borrowed against, and transferred amongst bank accounts belonging to different folks at the same bank company, etc

let's watch



To: Haim R. Branisteanu who wrote (36337)6/30/2008 9:09:05 AM
From: elmatador  Read Replies (1) | Respond to of 217612
 
IMF finally knocks on Uncle Sam's door (It was about time)

Message 24716587



To: Haim R. Branisteanu who wrote (36337)6/30/2008 10:43:40 AM
From: elmatador  Read Replies (2) | Respond to of 217612
 
Who's going to blink first: Euroland, China, US, GCC?

France, Italy and Spain suffering. UK suffering. US consumer suffering. Brazil and China inflation pressing up.

GCC holding the peg at huge inflation cost. Shirtless stomach making noises...

Who'll blink first?



To: Haim R. Branisteanu who wrote (36337)6/30/2008 12:30:27 PM
From: pogohere  Read Replies (2) | Respond to of 217612
 
"Once it was an inflation indicator but not anymore"

Gold adores deflation, a lower velocity of money (changing hands) and a steepening yield curve. The demise of credit and rising interest rates are a perfect petri dish. Rising prices are the noise in the system, money printing is the signal. So far the printing is taking place overseas, so the monetary base in the US has not been expanded by the Fed, yet, and the foreign CBs have been supplying the money to hold interest rates down. The fluctuations in the price of gold reflect the perception by the powers that be that its price is a tell for the failure of their money-as-debt currency, so the battle forms around the price of gold, with a lot of ammunition at hand.

Fasten chin straps, please