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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (13567)10/26/2008 10:24:49 PM
From: RockyBalboa  Respond to of 71407
 
... but deleveraging may go on for years and the bottom may be decades away (for the stock market). look at Nikkei--it is almost at a 30yr low! here's an idea: US market may never recover while most baby boomers are alive.

Aw shucks. You ruined my everything...

but well, you are right. The Nikkei never recovered; the nasdaq never saw 5000 again, etc... and won´t likely in the next 20 years or so.



To: Wyätt Gwyön who wrote (13567)10/26/2008 10:31:55 PM
From: Secret_Agent_Man2 Recommendations  Read Replies (2) | Respond to of 71407
 
Gold bullion is in short supply, US Mint, Mexico, Western Europe are all hoarding-
the mint says production is slow due to shortage of blanks, yet their inventory has remained the same for the past few years not 1 ioata of fluctuation-to better understand the gold story you might try gata.org-

you can buy gold maples or eagles for 60-90 over spot that is bullion not single coins and delivery is Not overnight there is a backlog and a delay in shipment due to "supply constraints"- spot is a futures contract and delivery is cumbersome but apparently there may be run for delivery and perhaps a default on comex because they may not have the gold available-

GLD I believe the holders is Barclays in london for their bullion and if you have 100k+ shares I believe you can ask for delivery it's in their prospectus-= personally
I dont like ETF's they have sucked up demand for the metal in the case of gold and all you have is a digital record of ownership or a paper cert if you ask for it but you DONT have the GOLD-

I dont trust barclay's or whoever is holding the gold period I trust the gold in my own hands or backyard or whatever, not even bank vaults as they were raided in europe as recently as this year and the owners are having problems
legally- but it's a problem either way-

no I dont own stocks either the mkt is NOT a mkt anymore- pure intervention at every turn and not being in the know as to when and what the interventionists will do I'd take vegas with better odds-



To: Wyätt Gwyön who wrote (13567)10/27/2008 7:54:19 AM
From: carranza2  Read Replies (1) | Respond to of 71407
 
maybe there is increased demand for coins relative to the minting capacity for the particular issues?

I don't think so because the shortage of coins appears to be global. I would think it a bit too much of a coincidence for all mints to run out of capacity at the same time.

I do think the anomaly exists. Thee are far too many reports from credible people concerning the premium on coins.

Perhaps the anomaly can be explained by a two level demand, one for coins and the other for bullion. Big investors could care less about coin but the retail buyer does. Now that he is in the market after not participating in years, it is possible that his demand, which affects only a smallish subset of gold, has created the anomaly. Retail sellers may very well be taking advantage of the small buyer's return by tacking on a premium.

i think we all expect countertrend rallies, but deleveraging may go on for years and the bottom may be decades away (for the stock market). look at Nikkei--it is almost at a 30yr low! here's an idea: US market may never recover while most baby boomers are alive

I am buying cat food futures.



To: Wyätt Gwyön who wrote (13567)10/27/2008 3:50:30 PM
From: Secret_Agent_Man  Respond to of 71407
 
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