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

To: TobagoJack who wrote (82851)	11/7/2011 10:16:44 AM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 218180

After a weekend of your reflection, we still agree < I approve of Ron Paul, but he has no chance to win, and so my gold position is safe. > This is wonderful that we are in such harmony. I should celebrate with a big gold purchase. If Ron Paul does win, by some miracle of good sense by Americans, your gold position should be safe then too. Heads you win, tails you win = I can see you'd like gambling like that. You must admit though, that Obama has got great melanin content, which was an excellent characteristic for selection of a USA president. He offered Hope, Cash and Jobs. He caused leg tingling he was so amazing. Also, Ron Paul is old while Paris Hilton/Lyndsay Lohan culture is young and Virtuous Hollywood Values rule the day. Wrinkled sagacity is such an old-fashioned idea. Let's play spot the oxymoron. Mqurice

To: TobagoJack who wrote (82851)	11/7/2011 10:28:57 AM
From: peter michaelson	8 Recommendations Read Replies (1) \| Respond to of 218180

If I have learnt one thing over the years it's that it's foolish to be completely confident in one's own opinions. No one knows everything. I'm not even sure that anyone knows anything. We are all humans and not at all perfect.

To: TobagoJack who wrote (82851)	11/7/2011 11:13:51 AM
From: carranza2	1 Recommendation Respond to of 218180

Agree 100%. Ron Paul represents the America we have have dreamed about, the city on the hill. His message is utterly consistent. And utterly correct. The only candidate with a grip on economics and history which, of course, is what it is all about. He was interviewed yesterday by Chris Wallace at Fox. His ideas, if implemented, would create a lot of disruption and short term pain, but we would be better off in the long run. But, yes, unfortunately, his ideas stand no chance of ever being implemented. The sheeple have been fed a steady dose of high-strength propaganda and either believe the left or the right without qualification. I see Mq agrees, too. Of course, this place is populated by Austrians and libertarians of varying degrees so it is not surprising. Being Austrians and libertarians, I fully expect some opposition to my statement, so let's allow Mq to warm up his pen for a retort. vbg. Some day the world will come around to us. In the meantime, because we do have a better grip on finances and economics than most, we simply make moolah.

To: TobagoJack who wrote (82851)	11/7/2011 11:21:34 AM
From: carranza2	1 Recommendation Respond to of 218180

Agree. A melanin-enhanced Harvey Milquetoast whose sole asset is a stentorian voice. The political field for the next election, however, is populated by midgets, except for R. Paul, who has no chance.

To: TobagoJack who wrote (82851)	11/7/2011 2:19:59 PM
From: Metacomet	Read Replies (1) \| Respond to of 218180

Like I said, we have already covered this ground.,..,., Message 27708701

To: TobagoJack who wrote (82851)	11/7/2011 2:35:31 PM
From: carranza2	Read Replies (2) \| Respond to of 218180

ZH: zerohedge.com China Takes Advantage Of September Price Drop; Imports Record Amount Of Gold Submitted by Tyler Durden on 11/07/2011 13:55 -0500 Central Banks China Hong Kong Remember how virtually all "experts" speculated that the drop in the price of gold would set off a liquidation cascade in China, where everyone was "loaded to the gills" and at the first hint of deflation would dump all holdings (not to mention that economic Ph.D. proclaimed the gold "bubble" popped two months and $200 lower)? It seems that as so often happens when all experts agree on something, it is precisely the opposite that happens. The FT reports that "Chinese gold imports from Hong Kong, a proxy for the country’s overall overseas buying, leapt to a record high in September, when monthly purchases matched almost half that for the whole of 2010....After hitting a nominal all-time high of $1,920.30 a troy ounce in early September, the yellow metal fell to a three-month low of $1,534 an ounce later in the month. Chinese investors snapped up the metal as prices fell." Fair enough: this means the natural bid under gold will pretty much always be there, especially since the SHCOMP plunged at the same time, and if there was truly cross asset liquidation, imports would hardly rise. Which begs the question: if not China, then who sold? Was the move purely a function of fears that Paulson was liquidating? Or were rumors that various central banks are liquidating gold, actually true? We will likely find out when the next WGC report is filed. WE will also know that the Chinese number for total gold holdings is grossly underreported. More from the FT: Analysts expect the September import surge to continue until the end of the year as Chinese gold buyers snap up the yellow metal in advance of Chinese New Year, China’s key gold-buying period. “In September we saw some bargain hunters come back into the market on the price dip,” said Janet Kong, managing director of research for CICC, the Chinese investment bank. Data from the Hong Kong government showed that China imported a record 56.9 tonnes in September, a sixfold increase from 2010. Monthly gold imports for most of 2010 and this year run at about 10 tonnes, but buying jumped in July, August and September. In the three-month period, China imported from Hong Kong about 140 tonnes, more than the roughly 120 tonnes for the whole 2010. And before the experts congregate and conclude that this time China will certainly start dumping gold, this time for realz, read this: The last two months of this year are likely to see China’s gold imports surge further ahead of Chinese New Year, supporting gold prices, according to Ms Kong. “We’ve noted a quite strong seasonality in gold prices, typically prices go up in the months before the Chinese New Year.” So in addition to being a comfort to gold bulls, does this report also undermine all goalseeked reported from China that inflation in the country is moderating? Because if anyone knows best, it surely is the locals.