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


To: carranza2 who wrote (84422)12/11/2011 6:24:06 PM
From: TobagoJack  Respond to of 218540
 
so beautiful:
1999 Dec 31st USD 288/oz
2000 Dec 29th USD 274/oz -6%
2001 Dec 31st USD 279/oz +3%
2002 Dec 31st USD 348/oz +25%
2003 Dec 31st USD 416/oz +20%
2004 Dec 31st USD 438/oz +5%
2005 Dec 30th USD 519/oz +18%
2006 Dec 29th USD 638/oz +24%
2007 Dec 31st USD 833/oz +31%
2008 Dec 31st USD 889/oz +7%
2009 Dec 31st USD 1,095/oz +23%
2010 Dec 31st USD 1,421/oz +30%
2011 Dec 10th USD 1,712/oz +20%



To: carranza2 who wrote (84422)12/11/2011 7:38:48 PM
From: Giordano Bruno  Respond to of 218540
 
I don't necessarily agree with you regarding a true reality for the fabled 2012 but your sentiment on metals seems accurate.



To: carranza2 who wrote (84422)5/11/2012 9:13:02 AM
From: carranza24 Recommendations  Read Replies (2) | Respond to of 218540
 
Amen, hallelujah, you were so correct, dead on, vbg.

Two miscreants down, Corzine and Dimon, one to go, Blankfein. Vbg.

AIG parallels re: JPM are interesting, London, unregulated wild west, CEO turns blind eye because moolah being made with ZIRP money, JPM too big to fail, gets in express lane at Fed while you, me etc., get turned away at velvet rope. Synthetic this, collateralized that, all a big financial fantasy cluster up not worth a bucket of piss, until they fail, of course.

Been there, seen that.

Dimon miscalculated, though. It's an election year for a populace stressed thanks to bailouts, etc., so maybe no feeding at trough this time.

And in this day and age, you just know that it's tip of iceberg. If you hear the word "contained" with respect to JPM, run, don't walk, to your bullion dealer. No one has really ever seen a derivatives cascade. In the making, yes, but not the real deal. It's the making that's scary and we probably are looking at one.

And, yes, perhaps a wonderful opportunity for RP.

Don't sell your gold. USD will go up as JPM fallout falls.....but there's Europe....and if you don't think Iran is not watching.

Might take a few months but gold will be back.