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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (22957)12/2/2010 10:21:00 AM
From: coug  Read Replies (1) | Respond to of 29622
 
re...""gold is a store of value and its role as a store of value is soaring as one currency after another fails to even pretend to play this role."""..

Yes, I view gold and silver as the "anti-bubbles".. Insurance against any and all bubbles that might arise.. Look what gold and silver did after the the tech bubble burst, after the real estate bubble burst..

I think it will do the same after the dollar, bond and the stock bubbles burst..

JMT, and as always, we will see.. :)



To: GST who wrote (22957)12/2/2010 10:48:59 AM
From: Tommaso2 Recommendations  Read Replies (2) | Respond to of 29622
 
Gold is doing fine today but what is really inflating my portfolio this morning is oil (via COSWF) and platinum (via IMPUY). I sure wish I could capture the volatility of these two stocks, but I am not going to trade them because:

1. They both pay very high dividends.

2. They allow me to participate in any crazy spikes of the general stock markets abetted by Bernake's easybucks. They are my insurance against the Zimbabwe effect in stocks.

3. They ultimately participate in very valuable and increasingly scarce commodities.



To: GST who wrote (22957)12/2/2010 1:10:39 PM
From: Mike M21 Recommendation  Respond to of 29622
 
A brief review of some on the major hyperinflationary episodes goldnews.bullionvault.com



To: GST who wrote (22957)12/2/2010 1:44:49 PM
From: Nevada99991 Recommendation  Respond to of 29622
 
I just got a glossy bulk mail flyer for the "GOLD ROAD SHOW"

GET PAID TOP $$$ for your old or broken jewelry

MUST HAVE FREE GOLD APPRAISAL TO CLAIM PRIZE!

GET CASH FOR THE HOLIDAYS

LOL! They are desperately seeking supply. I live in a town of less than 50,000 and they are here for five days. The gold scrap market has been a third to half the size of global mine supply. This type of thing suggests it is getting a little sparse. Gold prices are going much higher. The scrap market will soon be determined by what price gold bugs want to sell their coins and nuggets for.

The alternative is global austerity in which case gold implodes the least.