Gold Fever

[4plexowner]

“the commercials have their largest short position in history”

if we follow the trail of these short positions they eventually lead to the Chinese derivative issue that we have been discussing in other threads

if the Chinese walk away from the derivatives in question, the short positions you are referring to blow up

where does the COT report show the Chinese walking away from their derivative positions?

[sobmaz]

“cash4Gold” commercials mean gold is at a top?

Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.

As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.

When the dollar took over as the world reserve currency Gold had little use besides Jewelry.

Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.

[sobmaz]

“cash4Gold” commercials mean gold is at a top?

Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.

As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.

When the dollar took over as the world reserve currency Gold had little use besides Jewelry.

Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.

[sobmaz]

“cash4Gold” commercials mean gold is at a top?

Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.

As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.

When the dollar took over as the world reserve currency Gold had little use besides Jewelry.

Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.

[sobmaz]

“cash4Gold” commercials mean gold is at a top?

Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.

As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.

When the dollar took over as the world reserve currency Gold had little use besides Jewelry.

Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.

[sobmaz]

“cash4Gold” commercials mean gold is at a top?

Think about what you are saying. People are being asked to give up their gold for cash which means less gold in the hands of the ordinary folk.

As far as jewelry demand, yes when Gold was used as money jewelry demand was a small part of the Gold market.

When the dollar took over as the world reserve currency Gold had little use besides Jewelry.

Today, now that the United States is abusing the world reserve currency and literally smearing that abuse of the dollar in the face of the world, Gold as a reserve currency is reasserting itself. Jewelry will become less and less important to Gold as it becomes money once again.

[sobmaz]

I get a kick out of people blabbing about a Gold bubble when Gold is 150.00 higher than its peak nearly 30 years ago!

I fully agree with you.

Most people have never owned gold and never will. When gold goes up a few hundred dollars over decades people scream bubble yet don’t even talk about bubbles in housing and stock markets until they quadruple.

If dollars can be printed endlessly how can they be a place to park ones wealth? That is what gold is all about.

[sobmaz]

I get a kick out of people blabbing about a Gold bubble when Gold is 150.00 higher than its peak nearly 30 years ago!

I fully agree with you.

Most people have never owned gold and never will. When gold goes up a few hundred dollars over decades people scream bubble yet don’t even talk about bubbles in housing and stock markets until they quadruple.

If dollars can be printed endlessly how can they be a place to park ones wealth? That is what gold is all about.

[sobmaz]

I get a kick out of people blabbing about a Gold bubble when Gold is 150.00 higher than its peak nearly 30 years ago!

I fully agree with you.

Most people have never owned gold and never will. When gold goes up a few hundred dollars over decades people scream bubble yet don’t even talk about bubbles in housing and stock markets until they quadruple.

If dollars can be printed endlessly how can they be a place to park ones wealth? That is what gold is all about.

[sobmaz]

I get a kick out of people blabbing about a Gold bubble when Gold is 150.00 higher than its peak nearly 30 years ago!

I fully agree with you.

Most people have never owned gold and never will. When gold goes up a few hundred dollars over decades people scream bubble yet don’t even talk about bubbles in housing and stock markets until they quadruple.

If dollars can be printed endlessly how can they be a place to park ones wealth? That is what gold is all about.

[sobmaz]

I get a kick out of people blabbing about a Gold bubble when Gold is 150.00 higher than its peak nearly 30 years ago!

I fully agree with you.

Most people have never owned gold and never will. When gold goes up a few hundred dollars over decades people scream bubble yet don’t even talk about bubbles in housing and stock markets until they quadruple.

If dollars can be printed endlessly how can they be a place to park ones wealth? That is what gold is all about.

[scaredyclassic]

what do people mean when they say a “bull market” vs. a “bubble market”. are all bulls bubbles? Are all bubbles bulls? I’d say there has to be some craziness for a bubble, something that defies everyone’s logic, where people stad there slackjawed and go, holy gobstoppers! when does this madness END!??? I’d say not there quite with gold. it’s more like a slow steady slog, a few percent ehre and there. not a bubble like phenom yet. just chart-wise, im talking about. not saying it hasn’t peaked, withouta bubble. just saying it’s not bubblicious in nature or statue. bubbles, people have to ask, where in the hell does this end???? like housing. i remember dudes in my office assuring me 100% everything was gonna double again from 05 forward.

[scaredyclassic]

what do people mean when they say a “bull market” vs. a “bubble market”. are all bulls bubbles? Are all bubbles bulls? I’d say there has to be some craziness for a bubble, something that defies everyone’s logic, where people stad there slackjawed and go, holy gobstoppers! when does this madness END!??? I’d say not there quite with gold. it’s more like a slow steady slog, a few percent ehre and there. not a bubble like phenom yet. just chart-wise, im talking about. not saying it hasn’t peaked, withouta bubble. just saying it’s not bubblicious in nature or statue. bubbles, people have to ask, where in the hell does this end???? like housing. i remember dudes in my office assuring me 100% everything was gonna double again from 05 forward.

[scaredyclassic]

what do people mean when they say a “bull market” vs. a “bubble market”. are all bulls bubbles? Are all bubbles bulls? I’d say there has to be some craziness for a bubble, something that defies everyone’s logic, where people stad there slackjawed and go, holy gobstoppers! when does this madness END!??? I’d say not there quite with gold. it’s more like a slow steady slog, a few percent ehre and there. not a bubble like phenom yet. just chart-wise, im talking about. not saying it hasn’t peaked, withouta bubble. just saying it’s not bubblicious in nature or statue. bubbles, people have to ask, where in the hell does this end???? like housing. i remember dudes in my office assuring me 100% everything was gonna double again from 05 forward.

[scaredyclassic]

what do people mean when they say a “bull market” vs. a “bubble market”. are all bulls bubbles? Are all bubbles bulls? I’d say there has to be some craziness for a bubble, something that defies everyone’s logic, where people stad there slackjawed and go, holy gobstoppers! when does this madness END!??? I’d say not there quite with gold. it’s more like a slow steady slog, a few percent ehre and there. not a bubble like phenom yet. just chart-wise, im talking about. not saying it hasn’t peaked, withouta bubble. just saying it’s not bubblicious in nature or statue. bubbles, people have to ask, where in the hell does this end???? like housing. i remember dudes in my office assuring me 100% everything was gonna double again from 05 forward.

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