somadude

So after watching the COMEX price drop like a stone.. a 1 Oz Maple Leaf will still cost you £516 on CID..

Sash I completely agree. I'm baffled by some people who appear to be goldbugs/investors based on their belief in systemic difficulties - and yet continually seem to rely on fib seqs, eliot waves & other curve-fitting rubbish (can you tell I have no time for chartists? ) which are based upon the system they claim to see coming apart at the seams. This is more targetted at the kitco gold forums crowd, but I occasionally see it here.

Just watching the mainstream media (web, tv, radio..) and the sheeple.. it just feels like watching bizarro-world..

This thread has been a very interesting read as I have been trying to make up my mind about the canadian trusts (in particular, the energy ones). Have the 1st 2 months of 2007 changed or cemented anyone's take on them? Also, I see the last contributor was from the UK and he had 15% of a distribution withheld, but had no further tax to pay due to his use of SIPP. As a resident of Ireland, is it safe to assume that I will be subject to the same 15% withholding, and then my own local rate of income tax (investment would not be via any retirement instrument etc). Cheers.