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


To: 2MAR$ who wrote (80196)9/23/2011 6:10:32 PM
From: Cogito Ergo Sum  Respond to of 217752
 
can't see it not bouncing bouncing .... but that's Monday so I cannot see it anyway... I need one of those faster than light speed neutrinos :O)



To: 2MAR$ who wrote (80196)9/23/2011 10:11:24 PM
From: TobagoJack  Read Replies (2) | Respond to of 217752
 
my physical gold trading friend in singapore reports that physical gold bars were changing hands in india night as paper gold was transacting in new york day, but at us$ 60/oz premium to paper, an unusually wide premium for bars over 'comex spot'. per his comment, the goons were triggering stops-losses all the way down.

and so, at the end, only those of strong faith and true merit shall rise.

my saver friend in los angeles (you see his girlfriend in heels in pic; have no clue who the guy waving is) who had only started in gold about 3 years ago and is not a bug by any stretch sent in below photo taken yesterday with note: The support for gold is clear! A huge line of (90 minutes for where xxxx was in queue) around the building to buy gold and silver bullion today. Guard said he had never seen this before! Look carefully at the people and you see quite a cross section of America.




To: 2MAR$ who wrote (80196)9/25/2011 11:54:07 PM
From: TobagoJack  Read Replies (3) | Respond to of 217752
 
just in and out

From: G
Sent: 2011 09 24 10:55 AM
Subject: Comments - Week of September 19


Tonight I woke in a cold sweat.

Then I realized that I own just as many ounces of gold, silver , plat as I did the day before. Nothing reallly changed.

And that while it translates into 10% less paper then it did before, it is still worth 50% more paper then the year before.

Sure we are on the other side of a the true bank run, where the players will try many things to maintain perception of solvency. Including giving insider knowledge to certain players to front run a trade.

This is to be expected , in the venture we have signed up to.

Sure I would have loved to have sold all my gold at 1800+ a few weeks ago, only to recharge my gold holdings at a lower level, and have 10-20% more ounces in my hiding place.

But I was never there to take such a bold move, as fear overcame greed (in this case the reverse of almost all usual references for this saying - ie holding the pm is driven by fear, whereas selling is greed) .

am I sure that the world fiscal and monetary situation is worse today then last week - yes

Am I sure that the usd is not a dafe haven - yes

Am I sure that more monetary and fiscal easing will occur - yes

Am I sure that no one really has guts for the required austerity - yes

Am I sure that insiders are getting material information ahead of these central bank trades - yes

Have I read the book "fiat money inflation in france " enough times to understand all of the above - no.

Why do I say this. Because a sr bank analyst at world largest bank , today used the expression " there is just not enough usd available " to answer the cause of a problem.

As if more usd into circulation will help cure the problem.

This is could be a direct quote from the above book to explain the waves of economic anxiety that overtook france in 1790's. As they felt that there was just not enough currency in circulation. And that this was the drag on the economy.

So hold the faith

Anyways I bought a chapel today in my village in france that I will convert to a art gallery and wine tasting area. So I can pray , while drunk on rose, for more down so we can have more up !

G

From: J
Sent: 2011 09 26 11:05 AM
Subject: RE: Comments - Week of September 19 - keep the faith

thank you g, needed that.

am at b h s here on koh samui, being reflective

obviously i along with enough am in for the roller coaster ride down, terrible days after horrible nights, on gold, down on silver front-running gold, and again down on platinum tagging along with gold.

two weeks ago, when the world was still different, when i was able to book the hk-koh samui ticket by biz class as treat to self, i deliberately ignored a highlighted sell signal from a less than convicted technical-bent associate. strangely, i do not feel regret.

i have been shorting puts on gld and slv, 175, 35, 170, 33, 165, 30, 160 ... and tonight i fear having to short puts again, but am prepared to do so again.

the test by fire shall pass, and once so, i intend to find another bottle of 20+ champaign to open and partake with people of strong faith.

as to gold retreating and regrouping at 1000, if and when so, i would leverage up whatever value remains of hk real estate and double down.

in the struggle between good / true / merit against evil / false / cr@p, no quarters, with the light or in the darkness.