Gold and Silver

Gold and Silver

Post by Frank Galikanoku » Sun, 17 Feb 2013 00:31:46



Gold below 1600

http://www.kitco.com/charts/livegold.html

Silver below 30

http://www.kitco.com/charts/livesilver.html

What's it all about?

JAM

 
 
 

Gold and Silver

Post by oly » Sun, 17 Feb 2013 00:54:26


Quote:

> Gold below 1600 http://www.kitco.com/charts/livegold.html Silver below 30 http://www.kitco.com/charts/livesilver.html What's it all about? JAM

Gold 5% down since MLK day 2013.  Gold down 18% from the top two summers ago (2011).  If you own your gold free and clear, it's not a biggie.  

oly

 
 
 

Gold and Silver

Post by Chris P. Baco » Sun, 17 Feb 2013 01:57:04


Gold below 1600

http://www.kitco.com/charts/livegold.html

Silver below 30

http://www.kitco.com/charts/livesilver.html

What's it all about?

JAM
-------------------------------------------------------------------------
Frank Provasek gave up trying to corner the market in gold & silver, you moronic
twit.

 
 
 

Gold and Silver

Post by sgt2 » Sat, 23 Feb 2013 17:27:48



Quote:

> > Gold below 1600http://www.kitco.com/charts/livegold.htmlSilver below 30http://www.kitco.com/charts/livesilver.htmlWhat's it all about? JAM

> Gold 5% down since MLK day 2013. ?Gold down 18% from the top two summers ago (2011). ?If you own your gold free and clear, it's not a biggie.

> oly

This could have something too do with gold falling in price among
other things.

http://english.ruvr.ru/2013_02_19/Geologists-discovered-large-gold-or...

 
 
 

Gold and Silver

Post by oly » Sat, 23 Feb 2013 21:21:38


Gold is not an item that is "consumed" in a traditional manner (most of the gold ever produced is still around), and new production is not significant in the same way as most other commodities.  

In the west, Gold reacts more to expectations of monetary inflation (or deflation) and to political and financial manipulation schemes.

In the east, Gold reacts more to the fact that the bulk of people are working very hard and growing wealthier and they want gold to augment their growing  savings/surplus.

I have always been told that new Gold production never adds 5% to the "floating supply" of trading gold in any given year, and usually much less.

Gold is forever, paper currencies are not.

oly

 
 
 

Gold and Silver

Post by oly » Sun, 24 Feb 2013 04:37:12


Here's one of the true believers talking:

http://www.gata.org/node/12258

and he's correct that gold and silver are "real" in a way that currencies and financial instruments are not.

oly

 
 
 

Gold and Silver

Post by Frank Galikanoku » Sun, 24 Feb 2013 05:33:37


Quote:



> Gold is not an item that is "consumed" in a traditional manner (most of the gold ever produced is still around), and new production is not significant in the same way as most other commodities.

> In the west, Gold reacts more to expectations of monetary inflation (or deflation) and to political and financial manipulation schemes.

> In the east, Gold reacts more to the fact that the bulk of people are working very hard and growing wealthier and they want gold to augment their growing  savings/surplus.

> I have always been told that new Gold production never adds 5% to the "floating supply" of trading gold in any given year, and usually much less.

> Gold is forever, paper currencies are not.

> oly

I still say you would be better of with a cellar full of whiskey than a cellar full of
gold in a barter economy.

JAM

 
 
 

Gold and Silver

Post by Batson D. Belfr » Sun, 24 Feb 2013 06:03:57


Quote:

>I still say you would be better of with a cellar full of whiskey than a cellar
>full of gold in a barter economy.

That's because you are a moron, Gay-Lick-Anus.
Tell you what, you give me a double eagle for every bottle of Jack Daniels I
give you. Hell, give me a double eagle for a CASE of JD.

Quote:
>JAM

JAM=Just A Moron
 
 
 

Gold and Silver

Post by oly » Sun, 24 Feb 2013 06:13:45


I still have some whiskey laid in the cellar from the Y2K scare, but gold has done a hell of a lot better.

oly

 
 
 

Gold and Silver

Post by Frank Galikanoku » Tue, 26 Feb 2013 08:34:13


Quote:



> political and financial manipulation schemes. > > In the east, Gold reacts more to the fact that the bulk of people are working very hard and growing wealthier and they want gold to augment their growing savings/surplus. > > I have always been told that new Gold production never adds 5% to the "floating supply" of trading gold in any given year, and usually much less. > > Gold is forever, paper currencies are not. > > oly I still say you would be better of with a cellar full of whiskey than a cellar full of gold in a barter economy. JAM

> I still have some whiskey laid in the cellar from the Y2K scare, but gold has done a hell of a lot better.

> oly

Precious metals do seam to be on a slow decline. Cheers!

JAM

 
 
 

Gold and Silver

Post by oly » Tue, 26 Feb 2013 13:37:05


It's "seem", not seam.

Assuming that you have some surplus income, the best time to buy precious metals is in a slow doggy market.  And people generally can't do that.

Six months from now, people won't remember this last sixty days.  The monetary situation of the world is slipping well out of the control of the western Central banks.  The U.S.A. is presently benefitting from a "flight to safety" out of Europe and the U.K., but the "safety" of the American dollar is only relative...  

oly

 
 
 

Gold and Silver

Post by Frank Galikanoku » Wed, 27 Feb 2013 07:25:44


Quote:



> west, Gold reacts more to expectations of monetary inflation (or deflation) and to > political and financial manipulation schemes. > > In the east, Gold reacts more to the fact that the bulk of people are working very hard and growing wealthier and they want gold to augment their growing savings/surplus. > > I have always been told that new Gold production never adds 5% to the "floating supply" of trading gold in any given year, and usually much less. > > Gold is forever, paper currencies are not. > > oly I still say you would be better of with a cellar full of whiskey than a cellar full of gold in a barter economy. JAM > > I still have some whiskey laid in the cellar from the Y2K scare, but gold has done a hell of a lot better. > > oly Precious metals do seam to be on a slow decline. Cheers! JAM

> It's "seem", not seam.

Shit!
Quote:

> Assuming that you have some surplus income, the best time to buy precious metals is in a slow doggy market.  And people generally can't do that.

> Six months from now, people won't remember this last sixty days.  The monetary situation of the world is slipping well out of the control of the western Central banks.  The U.S.A. is presently benefitting from a "flight to safety" out of Europe and the U.K., but the "safety" of the American dollar is only relative...

> oly

 
 
 

Gold and Silver

Post by sgt2 » Sun, 24 Mar 2013 12:51:48




Quote:



> > west, Gold reacts more to expectations of monetary inflation (or deflation) and to > political and financial manipulation schemes. > > In the east, Gold reacts more to the fact that the bulk of people are working very hard and growing wealthier and they want gold to augment their growing savings/surplus. > > I have always been told that new Gold production never adds 5% to the "floating supply" of trading gold in any given year, and usually much less. > > Gold is forever, paper currencies are not. > > oly I still say you would be better of with a cellar full of whiskey than a cellar full of gold in a barter economy. JAM > > I still have some whiskey laid in the cellar from the Y2K scare, but gold has done a hell of a lot better. > > oly Precious metals do seam to be on a slow decline. Cheers! JAM

> > It's "seem", not seam.

> Shit!

> > Assuming that you have some surplus income, the best time to buy precious metals is in a slow doggy market. ?And people generally can't do that.

> > Six months from now, people won't remember this last sixty days. ?The monetary situation of the world is slipping well out of the control of the western Central banks. ?The U.S.A. is presently benefitting from a "flight to safety" out of Europe and the U.K., but the "safety" of the American dollar is only relative...

> > oly

I fell a sleep readying most of this bull shit. If you can't eat or
drink it, it won't be worth shit in the end.
 
 
 

Gold and Silver

Post by oly » Sun, 24 Mar 2013 21:41:50



Quote:





> > > west, Gold reacts more to expectations of monetary inflation (or deflation) and to > political and financial manipulation schemes. > > In the east, Gold reacts more to the fact that the bulk of people are working very hard and growing wealthier and they want gold to augment their growing savings/surplus. > > I have always been told that new Gold production never adds 5% to the "floating supply" of trading gold in any given year, and usually much less. > > Gold is forever, paper currencies are not. > > oly I still say you would be better of with a cellar full of whiskey than a cellar full of gold in a barter economy. JAM > > I still have some whiskey laid in the cellar from the Y2K scare, but gold has done a hell of a lot better. > > oly Precious metals do seam to be on a slow decline. Cheers! JAM

> > > It's "seem", not seam.

> > Shit!

> > > Assuming that you have some surplus income, the best time to buy precious metals is in a slow doggy market. ?And people generally can't do that.

> > > Six months from now, people won't remember this last sixty days. ?The monetary situation of the world is slipping well out of the control of the western Central banks. ?The U.S.A. is presently benefitting from a "flight to safety" out of Europe and the U.K., but the "safety" of the American dollar is only relative...

> > > oly

> I fell a sleep readying most of this bull shit. If you can't eat or
> drink it, it won't be worth shit in the end.- Hide quoted text -

> - Show quoted text -

Read about Austria and Germany after World War I (I know, I know, you
can't read).

How you store your savings does make a difference.

In the depths of economic problems, transactions and valuations are
most difficult.  But after the worst passes, gold and silver do just
fine and find their values in whatever new system come to be.

oly