Carlton

Maybe today is a start: Au +0.34% Ag +0.64% as of this post. Time will tell.

My list of safer miners: ANV, HL, AUQ, AEM, Osisko, Detour, NEM, FNV and safer juniors: THM, NG, Kirkland, Lakeshore Slightly less safe, but still probably okay: IAG, AUY, KGC

From the Guardian: Sure makes one reconsider the housing privitization, and of course the low interest rates and state benefits.

Coming from Jason Hommel $500 is a lowball. To prepare a reasonable estimate of a top we would need to know: how much future monetary inflation, how much future price de/inflation, the future velocity of money, and the size of future defaults.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/4/2_Gold_Bull_Market_Set_Up_for_a_Spectacular_Move.html Bid/Ask 1620.80 - 1621.80

^^ From the same article: Very true.

Usually. But the mining shares are already in the gutter. Although I still have much more faith in bullion than the miners.

600 for AGQ? Given how the levered etfs work, you may lose significant value over any timeframe beyond short-term.

Seemingly 99% of King's interviewees are permabulls. One important exception is Louise Yamada; I wish she were on there more often.

Romans Holiday has explained this quite elegantly: We are fundamentally in a deflationary environment; in a deflation assets fall relative to currencies; gold is the best currency so assets fall the most against it.

Faber mainly owns gold as protection against total financial system failure. He's spoken just recently about the computers crashing and us having a reset of global finance. He does indeed view gold as a currency which is why he talks about owning gold as becoming one's own central bank. But, I agree with your point about gold's steady appreciation vs other currencies.

The birthers wanted him to release the "Certificate of Live Birth." He finally did. As was totally predictable, the birthers now say that document was forged - which is why he resisted releasing it in the first place - you can't reason with conspiracy theorists. No other US president has had their qualifications challenged in this manner. Why?

See here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/2_Whistleblower_Maguire_-_US_Entity_Interferes_in_Gold_Market.html

You need a vacation - seriously. "Forces of darkness?" LMAO. I will also point out that I could easily call you a liar for suggesting that Obama was not born in Hawaii, which he obviously was.

The nature of the selling in gold and silver was highly irrational, the big seller(s) was obviously not trying to maximize proceeds received. Hence, the seller seems to have been motivated by other considerations.

JS refers to Alf Fields' numbers; Fields is currently expecting $4500. I think that is quite possible. And I wouldn't call a 160% increase in a few years parabolic - it depends of course on how it gets there.

I am not given to conspiracy theories, but given the statements of Andrew McGuire and others I am tempted to think that some of these pullbacks in silver are orchestrated by someone.

You focus on the short term, JS doesn't. This is why he has always advised people to not use leverage of any kind. Like it or not, JS has been proven right for two decades now, the 1970s and the 2000s. His call for $1650 gold was magnificent. Give credit where credit is due.

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.

I just watched Larry's latest; he expects the $26 low to be taken out.

That sort of talk can be worrisome. It reminds me of DOW 36,000 etc. from 2000, or oil $300 from 2008.

I don't believe gold will necessarily return to the SGS inflation adjusted high, but by now you surely realize the difference (and the general superiority and more accuracy) with the SGS inflation numbers. SGS reverts to an older inflation formula that was more reflective of everyday prices for key products.

The 6 month gold chart suggests we are near the top of a downtrending channel = SELL The 6 year gold chart suggests we are near the bottom of an uptrending channel = BUY

This is an intriguing thought that I've seen JS talk about previously. But somehow I doubt that miners will ever have the efficiency, reliability, and stability of conventional utilities. The mining business has risks, surprises, and uncertainties that most utilities don't face. And, of course, the miners are working with non-renewable resources. Also, there is the miners' performance to date versus the metal, which is rather disappointing. If $4500, or some other much higher number comes, I think we'll be better off in the metal than in most miners. Some miners do have the potential to go "to the moon" at $4500 Au, but we still have the issues of nationalization, onerous taxation, and war and terrorism in some places to worry about.

...get the metal into your hands and then place it someplace only you, and/or your trusted confidants, know about. This is not difficult.