jinbal

Nothing surprising in that article - my understanding is that he is saying that negative real interest rates cause gold to rise and positive real interest rates cause gold to fall - when real interest rates go +ve I and I have no doubt others will look for better "yield" perhaps away from gold. The question is when that will be - According to his table, based on official UK CPI figure (if you believe that) interest rates would need to be above around 5-6% nominal to start affecting gold. Do you genuinely believe that IR's are going back to anything like that soon, given the BOE (and the Fed) seem committed to use thin money printing to surpress them as long as need be and if they did rise that high it would almost certainly cause property prices to fall, thereby creating new "yielding" opportunities. If and when there is a genuine "recovery" (i.e. debt paid or written off to allow productive investment) I hope I'm smart enough to be amongst the first to start looking for new opportunities - sadly I dont see that happening anytime soon given the debt problems and the appetite for bailouts.

http://en.wikipedia.org/wiki/Cough_CPR

+1 It's nice to see some of the froth blown off and have the price action approach good solid tech support. I always get nervous when I see spikes up (although I do enjoy them....:-))

Gold -3% GDXJ +0.69% I remember Dr Bubb recently saying that he thought that a potential buy signal for gold stocks would be gold falling but miners not or rising - interesting to see how this plays out.... edit: general indices looking very strong today so this might be a factor

Thar she blows....

hmmm could see a bit of a bounce here

back to the 38 fib Next stop, the break out at the 50 fib and the break out at around 1710 ??

I've been using specialized armadillos for years now - I would use no other tyre. Punctures are virtually non existent - the only time i have problems is when I've literally worn them out, I get a flat and thats my signal to replace the tyre - they're that good (in my experience, @70 miles a week in London)

Absolutely - goods post

I use LifeLine extra dry lube, I've tried everything else. I always thoroughly wipe the excess off. then every so often I take the chain off and degrease and re-lube.

Spent some time in Warsaw, Poland the other week. Lots of separate cycle lanes around the city and quite a few people using them. The wide roads / pavements allow this unlike London. The best cycling city outside Netherlands that I've heard of is Berlin owing to the huge boulevards, non existent traffic and low pop density.

Just cruise around - keeps the beer off whilst I'm not commuting

Yes you can - I did a circuit myself this morning Ah the joys of (temporary) unemployment. Back to the rat race on monday....

As soon as any large vehicle pulls up along side me I always adjust my speed (i.e slow down) so that I can pull in behind them, I try never to be alongside any large vehicle, in font or preferably behind. When cycling in London it is essential to use good cyclecraft and know and spot the hazards, after a while it is possible to anticipate the major hazards (yes yes you can't account for everything) - of course there are many that don't and I often witness people taking silly risks like squeezing through gaps between buses etc.

Agree with this. The truth is that the fact he had a gun on him means that no police officer will be charged - I mean there are probably no close witnesses who would testify that he DID NOT pull his gun,