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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Metacomet who wrote (61230)9/19/2008 2:53:11 PM
From: maxncompany  Read Replies (1) | Respond to of 78439
 
Sounds like an admission that the paper is garbage and it's gold that has real value, not that they would state it in those words.



To: Metacomet who wrote (61230)9/19/2008 3:35:21 PM
From: marcos  Read Replies (1) | Respond to of 78439
 
There's no change in the situation in re gold, it's always been pledged to the ESF ... only change is increased powers for Paulson to use it, which is scarey enough, sure ... anyway, my impression was that we thought the gold was mostly if not all gone already -g- ... if they were so absolutely stupid to sell it, or what's left of it, that would ultimately be the most bullish event ever for the metal ... one day maybe, by rights they should probably just ship it to the chinese for redemption of their patiently held paper

ngd.to - volume and uptick, i traded in the common for a-wts earlier, more bang for the buck, they were over six to one leverage, normal for the a-wts has been about four - stockcharts.com

lgo.v - added a few earlier, almost back to springtime level

cfo.v - gee Clifton is thin



To: Metacomet who wrote (61230)9/20/2008 9:00:51 AM
From: AuBug  Respond to of 78439
 
Increased volatility for sure. Could depress gold price if they sold the barbarous relic. Long run it's guaranteed to make inflation worse than it already is.



To: Metacomet who wrote (61230)9/20/2008 12:16:19 PM
From: roofgoat1  Respond to of 78439
 
Metacomet, on the "Ride the Tiger with CD" - I posted this.

Message 24971831

Not sure what to believe based on that article.