30089 replies to this topic

[d2thdr]

DrBubb, on 19 February 2012 - 09:53 AM, said:

No one forces you to read any of it.  
As the year draws on, you may see more and more so-called conspiracy material intrude into what you consider reality.  Just this week the Gold-back bonds have once again popped up in the mainstream news.  And now we are seeing a rash of top bankers resigning.  Before this year is out, I predict that many hear will be thanking me for opening their eyes, just as I did on HPC to the debt crisis.  Remember I bought DebtBubble.com well before anyone thought there was a debt problem.  And I bought and still own GoldStock.co.uk.  Who else do you know, apart from a Marc Faber or Jim Rogers who saw these things so early?  I have now jumped ahead of MF and JR in pointing the way towards "disclosure". I may be wrong on this, but just give it another year or so to see what happens.

You have been a great trader. Perhaps you could be the best.

But extrapolating your insight into reading the financial futures before many people are interested, clearly means the BIG KAHUNA EVENT is very very close.

[malvern hills]

http://www.zerohedge...-insights-offer

Good article from Bob Janjuah, coming to to much the same conclusions as many on GEI.

The big kahuna or the bursting of the latest liquidity driven bubble 'could, be 5 days, 5 weeks, or 5 quarters'. He also says he expects the DOW/Gold ratio to resolve at 7000 in a deflationary credit collapse rather than at 14000 and hyperinflation, because Bernak and Draghi will loose their mandate from the population to print before the public looses faith in the currency.

Hmmmm....- I think I got a new catchphrase.  

[G0ldfinger]

malvern hills, on 20 February 2012 - 03:21 PM, said:

... because Bernak and Draghi will loose their mandate from the population to print before the public looses faith in the currency.

The Bernank has already hyper-inflated and it is only invisible to the sheeple since velocity has dropped all this time. Once it reverses, the game is up, no matter whether the Bernank is in charge at the time. This is politically irreversible. Baked in the cake.

[warpig]

It's not better... it's more honest and I think the reasons are obvious.

DrBubb, on 20 February 2012 - 01:17 AM, said:

That is using the ShadowStats inflation model, I presume.

Kindly tell us why it is better than CPI?

"Real Gold" by another measure:

[tinecu]

Goldprice suggests Gold is UP $54 today.

[halight]

tinecu, on 22 February 2012 - 07:34 PM, said:

Goldprice suggests Gold is UP $54 today.

I belive its moveing up too fast. I think we will have  a pull back soon.

[50sQuiff]

d2thdr, on 20 February 2012 - 12:15 PM, said:

HI BUBB,

Gold is going to fall back to 200$/oz but then there will be no physical on sale. You will have GLD willing to sell you some shares, some gold backed fund willing to invest your money for returns etc. but you shall never see physical gold sold for 200$/oz though the paper price may fall to that price. Physical gold is too valuable to have 200$/oz price tag.

Fortunately the super rich and the third world nobodies know this. The rest of us are in the middle of the spectrum. Some of us want to trade and invest our way into brighter future, most want to stick to their day jobs and make the excess savings in gold.

Why are you so obsessed with conspiracy theories?

Indeed. Chanelling you-know-who for a second, TPTB can't afford paper gold to decouple so badly with physical otherwise real gold will 'go in to hiding'. This will drive the stock-to-flow ratio of gold to infinity, create dollar hyperinflation and destroy the USD Reserve system there and then. This is why we get the managed ascent of paper gold. I suspect the central banks are targeting the minimum paper POG possible to ensure the ongoing flow of physical.

I think we're going to smash through the 1980-SGS CPI price in physical gold without breaking sweat. 1980 was just a dress-rehearsal for the end of the USD reserve system, with a superspike that I believe was caused by panic buying in size by the Middle East and some central banks (Iran, ironically enough) bidding for gold in the open market. Where is Volcker this time? Who is willing and able to impose mass poverty on the West with 20% interest rates?

malvern hills, on 20 February 2012 - 03:21 PM, said:

http://www.zerohedge...-insights-offer

Good article from Bob Janjuah, coming to to much the same conclusions as many on GEI.

The big kahuna or the bursting of the latest liquidity driven bubble 'could, be 5 days, 5 weeks, or 5 quarters'. He also says he expects the DOW/Gold ratio to resolve at 7000 in a deflationary credit collapse rather than at 14000 and hyperinflation, because Bernak and Draghi will loose their mandate from the population to print before the public looses faith in the currency.

Hmmmm....- I think I got a new catchphrase.  

Let me give you some interesting reading Malvern Once you understand that hyperinflation is a demand side phenomenon and printing is the supply side response, it becomes somewhat clearer. The question of "how do you get the money into people's hands" is practically irrelevant and misleading.

http://fofoa.blogspo...ation-post.html
http://fofoa.blogspo...ost-part-2.html
http://fofoa.blogspo...ost-part-3.html
http://fofoa.blogspo...ng-weakens.html
http://fofoa.blogspo...rinflation.html

And folks, please do drop by the golbu.gs chat room to share your forecasts, charts, pictures of rockets - whatever - as we watch this gold market unfold.

[G0ldfinger]

50sQuiff, on 22 February 2012 - 08:12 PM, said:

I think we're going to smash through the 1980-SGS CPI price in physical gold without breaking sweat.

Very well possible.

[50sQuiff]

G0ldfinger, on 22 February 2012 - 08:46 PM, said:

Very well possible.

I may have been exaggerating a wee bit to wind up the dollar bugs But I feel that when this paper system - the system that enables flow of physical at such low prices - eventually breaks, it's going to break in truly spectacular fashion.

[romans holiday]

G0ldfinger, on 20 February 2012 - 05:53 PM, said:

The Bernank has already hyper-inflated and it is only invisible to the sheeple since velocity has dropped all this time. Once it reverses, the game is up, no matter whether the Bernank is in charge at the time. This is politically irreversible. Baked in the cake.

Yes, already hyper-inflated. But the hyper-inflation was in debt. If it acts like a duck and quacks like a duck it is a duck.

What are you baking in your cake?

[G0ldfinger]

romans holiday, on 22 February 2012 - 09:20 PM, said:

Yes, already hyper-inflated. But the hyper-inflation was in debt. If it acts like a duck and quacks like a duck it is a duck.

What are you baking in your cake?

I am going to have crispy baked duck.

The monetary base has been hyper-inflated over the past few years because the hyper-inflated debt was threatening to hyper-deflate. With velocity going into hyper-drive again sooner or later, the hyper-inflated money supply will turn into hyper-inflated prices.

My duck will be hyper-crispy and it will be eaten at hyper-velocity.

[romans holiday]

G0ldfinger, on 22 February 2012 - 09:30 PM, said:

I am going to have crispy baked duck.

The monetary base has been hyper-inflated over the past few years because the hyper-inflated debt was threatening to hyper-deflate. With velocity going into hyper-drive again sooner or later, the hyper-inflated money supply will turn into hyper-inflated prices.

My duck will be hyper-crispy and it will be eaten at hyper-velocity.

This is progress... all we need now is 'was' changed to 'is'.

[G0ldfinger]

romans holiday, on 22 February 2012 - 09:38 PM, said:

This is progress... all we need now is 'was' changed to 'is'.

Not anymore with the Bernank and Super-Mario printing as if there was no tomorrow.

[Errol]

Gold represents a little less than 1% of the total value of global investments [stocks, bonds, money markets].  Think about what will happen if that percentage moves up to 2 or 3%.  In 1968 it was 5%.  In 1980 at the last peak in gold it was 3%.  - Felix Zulauf, Swiss money manager

[Carlton]

I revisited Larry's clip from 2/20; he had said gold would encounter resistance at $1780, right where the rally stopped on Wednesday. He was saying that the next major move is to the downside.

[ixus]

Option expiry today on CME.

[G0ldfinger]

The recent strong moves in gold and oil, they feel like something is up. What about Iran. Do the insiders know exact dates already?

Can someone post an image with current location of all US battle groups?

[malvern hills]

50sQuiff, on 22 February 2012 - 08:12 PM, said:

Indeed. Chanelling you-know-who for a second, TPTB can't afford paper gold to decouple so badly with physical otherwise real gold will 'go in to hiding'. This will drive the stock-to-flow ratio of gold to infinity, create dollar hyperinflation and destroy the USD Reserve system there and then. This is why we get the managed ascent of paper gold. I suspect the central banks are targeting the minimum paper POG possible to ensure the ongoing flow of physical.

I think we're going to smash through the 1980-SGS CPI price in physical gold without breaking sweat. 1980 was just a dress-rehearsal for the end of the USD reserve system, with a superspike that I believe was caused by panic buying in size by the Middle East and some central banks (Iran, ironically enough) bidding for gold in the open market. Where is Volcker this time? Who is willing and able to impose mass poverty on the West with 20% interest rates?



Let me give you some interesting reading Malvern Once you understand that hyperinflation is a demand side phenomenon and printing is the supply side response, it becomes somewhat clearer. The question of "how do you get the money into people's hands" is practically irrelevant and misleading.

http://fofoa.blogspo...ation-post.html
http://fofoa.blogspo...ost-part-2.html
http://fofoa.blogspo...ost-part-3.html
http://fofoa.blogspo...ng-weakens.html
http://fofoa.blogspo...rinflation.html

And folks, please do drop by the golbu.gs chat room to share your forecasts, charts, pictures of rockets - whatever - as we watch this gold market unfold.

Thanks Quiff,  will do.

[chris ct]

G0ldfinger, on 23 February 2012 - 09:14 AM, said:

The recent strong moves in gold and oil, they feel like something is up. What about Iran. Do the insiders know exact dates already?

Can someone post an image with current location of all US battle groups?

From Feb 2nd.. so draw big circles round each location
http://www.stratfor....-map-feb-2-2012

[G0ldfinger]

chris ct, on 23 February 2012 - 10:43 AM, said:

From Feb 2nd.. so draw big circles round each location
http://www.stratfor....-map-feb-2-2012

Yes, that was the one, thanks. It needs an update.