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: Haim R. Branisteanu who wrote (89878)	5/7/2012 7:19:57 PM
From: TobagoJack	Read Replies (3) \| Respond to of 219172

<<why gold is so muted?>> some guesses to note amongst many: (i) if i am a buy and hold gold hoarder or a trader, and suspect a hiccup between the lead-up to mid-june operation twist and the year-end debt ceiling bump, i could wait and see about qe3 (ii) if i am a technical trader, and the chart does look iffish, i would wait for the powers to ring a bell (iii) per monetary suppression by the same folks who knee-cap hobble interest rate; gold is being suppressed per latest separate harsh / easy margin rules respectively for speculators (i am guessing the operational definition be those who buy) and hedgers (those who sell) (iv) seasonality matters: i had off-loaded much paper gold, all paper platinum and paper silver between march 2-5 hong kong time, and am watching a few items now (iv-a) shk property 0016.hk finance.yahoo.com (controlling in-fighting brothers arrested, great company, low leverage, massive real estate and cash flow) (iv-b) hk exchange 0388.hk finance.yahoo.com (china play, london metal exchange inclination) (iv-c) slw, fnv, gdx, and gdxj for obvious reasons, and nus (v) i find it hilarious that charlie munger (i paraphrase 'gold buyers are uncivilized'), warren buffett (i get 'gold is unproductive') and billy gate (i sum up 'gold is all psychology and has a floor of zero'), following on to bernake's recent lead, all opined on gold relative to equity, that which is eternally precious and always handy vs what has heretofore just been around a short time my curt responses to the three evil ones, (i) for as long as civilization had been, gold had been right there, and as gold became necessary, civilization retrogressed - ask the romans and query them on their bankrupted pension system (ii) gold is not meant to be productive, and has no chance of doing an enron or pull an argentina (iii) in a flash crash, bet gold would out perform msft and brk-a, and am wagering that the mother of all flash flushing crash shall be part of the game we are in without way out (iv) cnbc may soon ask google founders what they collectively think about gold relative to prime evil goog cheers, tj

To: Haim R. Branisteanu who wrote (89878)	5/15/2012 4:38:29 PM
From: Snowshoe	3 Recommendations Read Replies (1) \| Respond to of 219172

>>why gold is so muted?<< JIM ROGERS: Here's What Would Cause Gold To Dive 40% To 50% finance.yahoo.com ...There's an element in India in the last several months which is very strongly saying we've got all this money tied up in gold which is not good for the economy. If we could just get the money into circulation instead of locked up on Indian wives or Indian vaults it would be good for the economy. And there's also a huge group saying that one of the big reasons we have this huge balance of trade deficit is because we buy all this gold and put it in the closet. Let's stop that. Now if they did that it would be devastating for gold. Gold would certainly go down 40% - 50% from its top. I doubt they would do anything that dramatic that quickly, if Europeans suddenly said they were going to dump their gold, or if they were forced to, that too would put a big drop on gold."