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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RJA_ who wrote (11246)	9/18/2008 1:39:42 AM
From: Real Man	Read Replies (3) \| Respond to of 71462

No. I am saying - gold is the most emotional and the most manipulated market on the planet, and nobody can predict such things, lease rates being the old "pressure cooker" indicator of the POSSIBLE coming upside explosion on physical shortage. It is well documented that CBs contribute to at least roughly 1/6 of the annual physical gold supply. I have never seen anyone who was able to time gold successfully and consistently, without missing the train when it leaves the station... at some point... just like that. U buy dips, and it's very painful. U can sell strength too. U keep da core. 1/2 of European and US gold is leased out, so these are paper IOUs in the vaults that will have to be settled in CASH, they just ran out of gold available for immediate lease. <G> The ECB is not the major gold hoarder, but the member banks are.

To: RJA_ who wrote (11246)	9/18/2008 1:57:28 AM
From: Real Man	Read Replies (1) \| Respond to of 71462

After gold exploded 80-90 bucks (30%) higher from 255 to 330- ish in September 99, Greenspan came out and said US has infinite gold available for lease. No manipulation -g- Gold WILL go to 3-5K in this secular move. In the meantime, hold on and swear. It will NOT be easy. It never was. Geez, they will do ANYTHING at this point. They just can't. Sec was dragged out again to create a short squeeze in stocks into expiration that has been morphing into a market crash ... etc. Will it work? I don't know.