seekingclarity Posted December 6, 2008 Report Share Posted December 6, 2008 Sorry about this repeat post but I think it got lost in the midst of other discussions: Friend of mine went to see his private banker in Zurich yesterday. I was also in Switzerland. I had been talking about gold/gov't bonds with him for a while, anyway he ended up deciding to buy lots of lovely gold. His banker (wisely, it seems) advised to wait until after today's unemployment numbers, then he said he's 'goin in'.. bricks in the safe kind of thing. Pure physical, no nonsense.. What surprised me is the process by which they procure the gold. Apparently, CreditSuisse (yes, I know!) order it from the Swiss government. It takes two weeks and is then delivered. So my guess is it's proper nazi gold held in stores.. are the y allowed to use that!? Or would it come from CRIMEX? Anyone else know the mechanics of what is going on here? Credit Suisse have a main vault in Zurich which to my understanding is well stocked. A friend informs me he took delivery in 48 hours after giving instructions recently. I would think that if their Government was involved that they would need somewhat longer than 2 days.... Link to comment Share on other sites More sharing options...
wren Posted December 6, 2008 Report Share Posted December 6, 2008 From the Best of YouTube Thread, this girl says buy gold and silver if you can. Oh, and she says Peter Schiff was right. http://uk.youtube.com/watch?v=AcTjTdJQMx8 Thanks to sideshow for posting it. http://www.greenenergyinvestors.com/index....amp;#entry81778 And this one: http://uk.youtube.com/watch?v=Yqe4eFYdWBI&...feature=related Link to comment Share on other sites More sharing options...
wednesday2 Posted December 6, 2008 Report Share Posted December 6, 2008 From the Best of YouTube Thread, this girl says buy gold and silver if you can. Oh, and she says Peter Schiff was right. http://uk.youtube.com/watch?v=AcTjTdJQMx8 Thanks to sideshow for posting it. http://www.greenenergyinvestors.com/index....amp;#entry81778 And this one: http://uk.youtube.com/watch?v=Yqe4eFYdWBI&...feature=related She's annoying! No clue...reminds me of Ann Coulter. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 6, 2008 Report Share Posted December 6, 2008 A must read. Very information article, with very good charts: Trader Dan Comments On Antal Fekete’s Recent Article Posted: Dec 05 2008 By: Dan Norcini http://jsmineset.com/index.php/2008/12/05/...recent-article/ On backwardation. Re this one posted above: RED ALERT: GOLD BACKWARDATION!!! by Antal E. Fekete, Gold Standard University Live December 5, 2008 http://financialsense.com/editorials/fekete/2008/1205.html Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 6, 2008 Report Share Posted December 6, 2008 From the Best of YouTube Thread, this girl says buy gold and silver if you can. Oh, and she says Peter Schiff was right. http://uk.youtube.com/watch?v=AcTjTdJQMx8 Thanks to sideshow for posting it. http://www.greenenergyinvestors.com/index....amp;#entry81778 And this one: http://uk.youtube.com/watch?v=Yqe4eFYdWBI&...feature=related jeffsst beautiful and listening to peter schiff! MARRY ME! Is that you ? :D Link to comment Share on other sites More sharing options...
sylvester Posted December 6, 2008 Report Share Posted December 6, 2008 From the Best of YouTube Thread, this girl says buy gold and silver if you can. Oh, and she says Peter Schiff was right. http://uk.youtube.com/watch?v=AcTjTdJQMx8 Thanks to sideshow for posting it. http://www.greenenergyinvestors.com/index....amp;#entry81778 And this one: http://uk.youtube.com/watch?v=Yqe4eFYdWBI&...feature=related I think I'd pretty much do anything she told me to. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 6, 2008 Report Share Posted December 6, 2008 A slight contrast between missesmakawimaxton and Lyndon LaRouche :blink: Lyndon LaRouche Warns America For Coming Martial Law, Food Riots & Economic Collapse 2009 http://uk.youtube.com/watch?v=cF5uPnES4VY&...51&index=74 Linked on her profile. Link to comment Share on other sites More sharing options...
Pixel8r Posted December 6, 2008 Report Share Posted December 6, 2008 Jason Hommel discusses his meeting with the Chief Financial Officer and the Treasurer of the Perth Mint. Korelin Economics Report - Weekend Special, 12.06.08 Link to comment Share on other sites More sharing options...
lardoon Posted December 6, 2008 Report Share Posted December 6, 2008 A must read. Very information article, with very good charts: Trader Dan Comments On Antal Fekete’s Recent Article Posted: Dec 05 2008 By: Dan Norcini http://jsmineset.com/index.php/2008/12/05/...recent-article/ On backwardation. Re this one posted above: RED ALERT: GOLD BACKWARDATION!!! by Antal E. Fekete, Gold Standard University Live December 5, 2008 http://financialsense.com/editorials/fekete/2008/1205.html So now we have 3 definitions for gold backwardation: cg: LBMA GOFO rate is negative (as happened in late November) http://www.lbma.org.uk/?area=stats&page=gofo/2008gofo Antal Fekete: spot price > front month futures price Trader Dan (and most common definition as I understand it): front month futures price > farther month futures price I guess these all point towards the same things but that just makes thing a bit complicated to understand when gold actually IS in backwardation... Link to comment Share on other sites More sharing options...
wednesday2 Posted December 7, 2008 Report Share Posted December 7, 2008 Jason Hommel discusses his meeting with the Chief Financial Officer and the Treasurer of the Perth Mint. Korelin Economics Report - Weekend Special, 12.06.08 That sounds juicy....hope to find the time this weekend. I bet PM is getting rather annoyed that Jason keeps accusing them of fraud Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 7, 2008 Report Share Posted December 7, 2008 I guess these all point towards the same things but that just makes thing a bit complicated to understand when gold actually IS in backwardation... I'll try and find another one for you :lol: Link to comment Share on other sites More sharing options...
G0ldfinger Posted December 7, 2008 Author Report Share Posted December 7, 2008 I see that the "Tri-Millenium Guru" has been established. OMG, and I belong to this group! Link to comment Share on other sites More sharing options...
marceau Posted December 7, 2008 Report Share Posted December 7, 2008 A must read. Very information article, with very good charts: Trader Dan Comments On Antal Fekete’s Recent Article Posted: Dec 05 2008 By: Dan Norcini http://jsmineset.com/index.php/2008/12/05/...recent-article/ On backwardation. Re this one posted above: RED ALERT: GOLD BACKWARDATION!!! by Antal E. Fekete, Gold Standard University Live December 5, 2008 http://financialsense.com/editorials/fekete/2008/1205.html From memory, backwardation (and warnings of backwardation) have so far proved to be a total red herring in predicting default on delivery. On the other hand I remember it being an extremely reliable buy signal for silver (and on freak occasions gold) for almost a decade, so I plan to take out some minis on Monday, with an aim to short term gain (a watchful eye will hopefully avoid short term pain). Link to comment Share on other sites More sharing options...
G0ldfinger Posted December 7, 2008 Author Report Share Posted December 7, 2008 The next US-carmakers black swan could push XPT below XAU. Time to buy? I'd still prefer Pd. Pity that VAT is on all this stuff. FFS, doesn't Gordon want inflation & consumption? Should get rid of VAT. Link to comment Share on other sites More sharing options...
qwerty Posted December 7, 2008 Report Share Posted December 7, 2008 Updated Do$$a chart Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 7, 2008 Report Share Posted December 7, 2008 Updated Do$$a chart Didn't we start a Jesee's thread for those I can't quickly find it. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 7, 2008 Report Share Posted December 7, 2008 I don't think this one has been mentioned. This article is quite long, but well worth a read. The Correlation Between Real Rates and Gold, By Adam Hamilton, December 05, 2008 - analysis of the real rates versus gold. http://www.greenfaucet.com/technical-analy...-and-gold/97645 As you can see/read, that "real rates" chart is dreadfully conservative. Adam is one of the writers I like. Link to comment Share on other sites More sharing options...
tinecu Posted December 7, 2008 Report Share Posted December 7, 2008 The next US-carmakers black swan could push XPT below XAU. Time to buy? I'd still prefer Pd. Pity that VAT is on all this stuff. FFS, doesn't Gordon want inflation & consumption? Should get rid of VAT. Set up your own investment holding company and get VAT registered....then claim it all back. Its a faff but probably no more difficult than setting up a GoldMoney account! Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 7, 2008 Report Share Posted December 7, 2008 I haven't read this yet, but this has got to be a good read. Taking Physical Delivery of Silver and Gold from COMEX, 6 Dec 2008 http://www.marketoracle.co.uk/Article7641.html A Memorable Delivery Experience - For those who remember, I wrote a letter asking about taking delivery from the COMEX. Well I would like to tell you about a very educational experience. Recently, we took a delivery from the COMEX. The process was a bit cumbersome but very enlightening. First, I would like to say that the process of dealing with the custodians was very professional. However, let me begin my story of amazement. The silver and gold were to be prepared and packaged for shipment by the existing custodian. As I understand it, this was part of the delivery out fee. We will get back to the packaging later. The metal was arranged for a pick up and delivery using a very well known armored carrier. Initially, everything was going as planned. After the metal was gathered from various custodians, it was on its way to one of our facilities. We were in contact with the armored carrier who laid out a time frame of when to expect arrival of the armored truck. We were told that shipment arrivals usually occur in the morning and with plenty of notice. This is when the story gets interesting. ....... Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 7, 2008 Report Share Posted December 7, 2008 Jason Hommel discusses his meeting with the Chief Financial Officer and the Treasurer of the Perth Mint. Korelin Economics Report - Weekend Special, 12.06.08 Thanks for posting that. That was a great interview. It was nice to hear Jason sounding so open to what the Perth Mint have said to him. I can't wait to hear his conclusions. Link to comment Share on other sites More sharing options...
notanewmember Posted December 7, 2008 Report Share Posted December 7, 2008 Apart from the Krugerrand song.... i cannot find the FSN version of "Banks of Sacramento" they played. Any help? From: Link to comment Share on other sites More sharing options...
pmaupoil Posted December 7, 2008 Report Share Posted December 7, 2008 Does anyone know the legislation of the GM currency accounts? I have read that they are working with Barclays and RBS in Jersey but under which scheme is the money insured if they go bust!? Link to comment Share on other sites More sharing options...
Gatesy Posted December 7, 2008 Report Share Posted December 7, 2008 Does anyone know the legislation of the GM currency accounts? I have read that they are working with Barclays and RBS in Jersey but under which scheme is the money insured if they go bust!? No need, you own the metal, ultimate insurance. Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 7, 2008 Report Share Posted December 7, 2008 No need, you own the metal, ultimate insurance. Guess Casimir means money held in £,$, euro, CAD$ savings with them. Casimir - give GM a ring/email to see maybe - let us know what they say. Link to comment Share on other sites More sharing options...
Catflap Posted December 8, 2008 Report Share Posted December 8, 2008 Anyone know if there is an equivalent UK symbol on Stockcharts.com to the $GOLD one to get the chart in £'s, or if there is one for Yahoo charts. Ta in advance. Link to comment Share on other sites More sharing options...
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