Gold

[Valuist]

Peter Schiff on gold. Really looks like it has put a bottom in at the end of June.

http://finance.yahoo.com/blogs/breakout/lack-physical-gold-demand-spark-spectacular-rise-says-122848744.html

Of course some of the talking heads on CNBC and Bloomberg will call Schiff an idiot, just like they did in 2005 when he said we were in a housing bubble that would burst, and burst badly.

[DJofSD]

I believe Dennis Gartman changed his opinion on gold a few weeks back.

[Valuist]

I believe Dennis Gartman changed his opinion on gold a few weeks back.

Yes he did. And his timing was pretty sharp. I think a number of traders felt that there was a lot of end of quarter selling of gold in June, kind of the opposite of window dressing. As soon as the calendar turned to July, the downtrend stopped.

[sammy the sage]

P.A. knows EXACTLY where gold is going....I'll wait for him to make THE call :D

[lamboguy]

P.A. knows EXACTLY where gold is going....I'll wait for him to make THE call :Dgold is likely to run to the $1540 area before it has a decent pullback.

i bought some of these beauties a couple of weeks ago.

http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=17144&langId=-1&parent_category_rn=10111

[DJofSD]

Are we going to see a spike due to the Syrian situation?

[PaceAdvantage]

P.A. knows EXACTLY where gold is going....I'll wait for him to make THE call :DNo, lamboguy is the expert. Just look up some of his past predictions.

Wonder what he was saying back in August 2011. I'd hate to be the guy who jumped on the gold wagon back then...$2000/oz here we come baby! :lol:

Hey sammy, haven't they been printing money since August 2011? Why has gold gone in the toilet since then?

[lamboguy]

No, lamboguy is the expert. Just look up some of his past predictions.

Wonder what he was saying back in August 2011. I'd hate to be the guy who jumped on the gold wagon back then...$2000/oz here we come baby! :lol:

Hey sam for my, haven't they been printing money since August 2011? Why has gold gone in the toilet since then?more sellers than
buyers. the biggest gold buyers got slapped with a crazy tax in India., the russians and chineese didn't pick up enough of the slack

[sammy the sage]

No, lamboguy is the expert. Just look up some of his past predictions.

Wonder what he was saying back in August 2011. I'd hate to be the guy who jumped on the gold wagon back then...$2000/oz here we come baby! :lol:

Hey sammy, haven't they been printing money since August 2011? Why has gold gone in the toilet since then?


Because it's leveraged a 100/1...and then those IN CHARGE can increase margin requirements to keep price down...

and I'll challenge you for a 3rd time...try buying physical gold at CURRENT paper value from any pawn shop ect...legit mind ya...you WOULD have to pay more...

Ask youself why there are 1k's of people buying your gold jewelery...ie...spending lots of money on ads...not so much on selling...

[PaceAdvantage]

Because it's leveraged a 100/1...and then those IN CHARGE can increase margin requirements to keep price down...

and I'll challenge you for a 3rd time...try buying physical gold at CURRENT paper value from any pawn shop ect...legit mind ya...you WOULD have to pay more...

Ask youself why there are 1k's of people buying your gold jewelery...ie...spending lots of money on ads...not so much on selling...So once again, the game is rigged. If it weren't rigged, we'd all be rich? Is that what you're saying?

Just buy gold baby when they're printing money...easy stuff man...

You and Peter Schiff are being screwed I take it...but one day, you'll both be right. Just wait long enough...it will happen...

Hey, if we all are given enough time, we're all right eventually...

Unfortunately, in this life, timing counts for something.

[sammy the sage]

So once again, the game is rigged. If it weren't rigged, we'd all be rich? Is that what you're saying?

Just buy gold baby when they're printing money...easy stuff man...

You and Peter Schiff are being screwed I take it...but one day, you'll both be right. Just wait long enough...it will happen...

Hey, if we all are given enough time, we're all right eventually...

Unfortunately, in this life, timing counts for something.

you got THAT right for sure...timing has ALWAYS been MY problem...a least financially... :lol:

[Saratoga_Mike]

So once again, the game is rigged. If it weren't rigged, we'd all be rich? Is that what you're saying?

Just buy gold baby when they're printing money...easy stuff man...

You and Peter Schiff are being screwed I take it...but one day, you'll both be right. Just wait long enough...it will happen...

Hey, if we all are given enough time, we're all right eventually...

Unfortunately, in this life, timing counts for something.

But if Romney had won, gold would already be at $3,000...the logic behind that claim totally escapes me, but hey...

[DJofSD]

But if Romney had won, gold would already be at $3,000...the logic behind that claim totally escapes me, but hey...
Ya, and if frogs had wings ....

[Valuist]

But if Romney had won, gold would already be at $3,000...the logic behind that claim totally escapes me, but hey...

I didn't understand that either. Romney stated all along he hated the money printing.