Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: carranza2 who wrote (86510)	1/28/2012 4:18:20 AM
From: Maurice Winn	2 Recommendations Read Replies (1) \| Respond to of 219669

C2, there is one metaphysical certitude I can tell your for sure which is that gold is in a bubble. It has now far exceeded the long run marginal cost of production. If there was no other way out from the fiat mania but to adopt gold as the new global money, there would be a case for $10,000 an ounce and a global culture of digging gold like the Easter Islanders dug moais. But that is not the case. Oil is also in a bubble for the same reason [the price far exceeds the long run marginal cost of production of energy]. In fact, oil is more bubbly than is gold, though nobody suggests oil is money. Gold went from $280 an ounce when oil was $10 a barrel to $1727 an ounce with oil at $100 a barrel. Oil and gold are related in that oil can be turned into gold by mining and smelting iron to make huge excavation equipment and trucks and digging mines and producing gold. But look at the price of methane which is oil and gold by another name. Methane prices are waayyyyyy down. Why buy oil or gold when one can buy methane? Mqurice

To: carranza2 who wrote (86510)	1/31/2012 12:39:06 PM
From: elmatador	Read Replies (1) \| Respond to of 219669

Germany takes control of Greece. Message 27917757 As it shows that is serious to put the Eurohouse in order, Merkel goes to China to align China with this new development German Chancellor Merkel will lobby in China for trust in euro zone, official says online.wsj.com

To: carranza2 who wrote (86510)	1/31/2012 12:50:55 PM
From: elmatador	1 Recommendation Respond to of 219669

"...the world is never going to go back to the way it was." I always said it is structural. It is not cyclical. This has got to have effects on influence, perceptions of power in the world that are going to be quite significant for years to come," Zoellick said. "Whatever we see come out over the course of this year and the next year, the world is never going to go back to the way it was." http://www.huffingtonpost.com/peter-s-goodman/world-economic-forum-global-financial-crisis-davos_b_1239074.html I always said that the chairs are going to change around the table, minnows booted out and all that...