Home › Forums › Financial Markets/Economics › Gold Redux: What do you folks thing about this?
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Aecetia.
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June 5, 2009 at 6:30 AM #411569June 5, 2009 at 8:27 AM #410916
PCinSD
GuestAnd, it’s coming to an ATM near you…if you’re in Germany or thereabouts.
June 5, 2009 at 8:27 AM #411156GuestAnd, it’s coming to an ATM near you…if you’re in Germany or thereabouts.
June 5, 2009 at 8:27 AM #411402GuestAnd, it’s coming to an ATM near you…if you’re in Germany or thereabouts.
June 5, 2009 at 8:27 AM #411466GuestAnd, it’s coming to an ATM near you…if you’re in Germany or thereabouts.
June 5, 2009 at 8:27 AM #411618GuestAnd, it’s coming to an ATM near you…if you’re in Germany or thereabouts.
June 5, 2009 at 9:01 AM #410926peterb
ParticipantIn recent history. 1980 to 2002, gold didnt do too well, but I think we had strong inflation through that period. Gold’s a good play when the credit markets go into stress mode. That’s why it’s holding near it’s high at this time when all other assets have crashed and rebounded a little. I dont think it will go much higher or stay there if it did. But it doesnt need to as long all other asset classes come down hard. Again, it’s relative strength analysis that matters. I dont think the market is about growth now, it’s about safety and liquidity due to years of credit abuse and historical debt levels that are now not sustainable. But I completely agree with Arraya. Dont fight the party, join it. Just dont stay too long. Beats working for a living.
June 5, 2009 at 9:01 AM #411166ParticipantIn recent history. 1980 to 2002, gold didnt do too well, but I think we had strong inflation through that period. Gold’s a good play when the credit markets go into stress mode. That’s why it’s holding near it’s high at this time when all other assets have crashed and rebounded a little. I dont think it will go much higher or stay there if it did. But it doesnt need to as long all other asset classes come down hard. Again, it’s relative strength analysis that matters. I dont think the market is about growth now, it’s about safety and liquidity due to years of credit abuse and historical debt levels that are now not sustainable. But I completely agree with Arraya. Dont fight the party, join it. Just dont stay too long. Beats working for a living.
June 5, 2009 at 9:01 AM #411412ParticipantIn recent history. 1980 to 2002, gold didnt do too well, but I think we had strong inflation through that period. Gold’s a good play when the credit markets go into stress mode. That’s why it’s holding near it’s high at this time when all other assets have crashed and rebounded a little. I dont think it will go much higher or stay there if it did. But it doesnt need to as long all other asset classes come down hard. Again, it’s relative strength analysis that matters. I dont think the market is about growth now, it’s about safety and liquidity due to years of credit abuse and historical debt levels that are now not sustainable. But I completely agree with Arraya. Dont fight the party, join it. Just dont stay too long. Beats working for a living.
June 5, 2009 at 9:01 AM #411476ParticipantIn recent history. 1980 to 2002, gold didnt do too well, but I think we had strong inflation through that period. Gold’s a good play when the credit markets go into stress mode. That’s why it’s holding near it’s high at this time when all other assets have crashed and rebounded a little. I dont think it will go much higher or stay there if it did. But it doesnt need to as long all other asset classes come down hard. Again, it’s relative strength analysis that matters. I dont think the market is about growth now, it’s about safety and liquidity due to years of credit abuse and historical debt levels that are now not sustainable. But I completely agree with Arraya. Dont fight the party, join it. Just dont stay too long. Beats working for a living.
June 5, 2009 at 9:01 AM #411628ParticipantIn recent history. 1980 to 2002, gold didnt do too well, but I think we had strong inflation through that period. Gold’s a good play when the credit markets go into stress mode. That’s why it’s holding near it’s high at this time when all other assets have crashed and rebounded a little. I dont think it will go much higher or stay there if it did. But it doesnt need to as long all other asset classes come down hard. Again, it’s relative strength analysis that matters. I dont think the market is about growth now, it’s about safety and liquidity due to years of credit abuse and historical debt levels that are now not sustainable. But I completely agree with Arraya. Dont fight the party, join it. Just dont stay too long. Beats working for a living.
June 5, 2009 at 9:12 AM #4109364plexowner
ParticipantWhy China Loves Gold
“We’d also be surprised if China were the only sovereign entity hoarding gold against the day when the U.S. realizes it is bankrupt. And that is why we still view gold, even at the lofty price of $1000 an ounce, and even believing as we do that deflation will asphyxiate debtors first, as a no-brainer investment. ”
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“… against the day when the U.S. realizes it is bankrupt …”
June 5, 2009 at 9:12 AM #411175ParticipantWhy China Loves Gold
“We’d also be surprised if China were the only sovereign entity hoarding gold against the day when the U.S. realizes it is bankrupt. And that is why we still view gold, even at the lofty price of $1000 an ounce, and even believing as we do that deflation will asphyxiate debtors first, as a no-brainer investment. ”
~
“… against the day when the U.S. realizes it is bankrupt …”
June 5, 2009 at 9:12 AM #411422ParticipantWhy China Loves Gold
“We’d also be surprised if China were the only sovereign entity hoarding gold against the day when the U.S. realizes it is bankrupt. And that is why we still view gold, even at the lofty price of $1000 an ounce, and even believing as we do that deflation will asphyxiate debtors first, as a no-brainer investment. ”
~
“… against the day when the U.S. realizes it is bankrupt …”
June 5, 2009 at 9:12 AM #411486ParticipantWhy China Loves Gold
“We’d also be surprised if China were the only sovereign entity hoarding gold against the day when the U.S. realizes it is bankrupt. And that is why we still view gold, even at the lofty price of $1000 an ounce, and even believing as we do that deflation will asphyxiate debtors first, as a no-brainer investment. ”
~
“… against the day when the U.S. realizes it is bankrupt …”
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