Gold Redux: What do you folks thing about this?

[partypup]

[quote=4plexowner]

the second phase is when institutional money recognizes the new trend and takes a position – I’m not sure when the 2nd phase started but it is definitely happening now as we see news like this:

– Paulson’s Hedge Fund Bought Gold Stock, Miners in First Quarter
http://www.bloomberg.com/apps/news?pid=20601110&sid=a5pBM08jxvlE
$5.3 billion investment in gold

– Traditional Holders of Dollars Begin To Diversify
http://news.goldseek.com/GoldSeek/1244217600.php
$400 million investment[/quote]

Or when an insurance company buys $400 million in gold for the first time in 152 years. And I’m betting they sold more than a few U.S. bonds in order to make this acquisition.

http://www.bloomberg.com/apps/news?pid=email_en&sid=ajf0L9wTPq6Y

[scaredyclassic]

that’s even freaking me out a little bit. an insurance company buying gold. weird. theyr;e the man. they shouldnt be buying gold.

[scaredyclassic]

that’s even freaking me out a little bit. an insurance company buying gold. weird. theyr;e the man. they shouldnt be buying gold.

[scaredyclassic]

that’s even freaking me out a little bit. an insurance company buying gold. weird. theyr;e the man. they shouldnt be buying gold.

[scaredyclassic]

that’s even freaking me out a little bit. an insurance company buying gold. weird. theyr;e the man. they shouldnt be buying gold.

[scaredyclassic]

that’s even freaking me out a little bit. an insurance company buying gold. weird. theyr;e the man. they shouldnt be buying gold.

[4plexowner]

Gold Going Mainstream

“The turning point is being reached and Gold is about to go from stealth bull market to widespread public and institutional participation. As stocks, corporate bonds, commodities and real estate continue their tail spin downwards into the abyss, people will simply want to get liquid and be in cash equivalents.”

http://news.goldseek.com/GoldSeek/1244355290.php

~

another way of saying that the third phase of the gold bull market is coming up here shortly

[4plexowner]

Gold Going Mainstream

“The turning point is being reached and Gold is about to go from stealth bull market to widespread public and institutional participation. As stocks, corporate bonds, commodities and real estate continue their tail spin downwards into the abyss, people will simply want to get liquid and be in cash equivalents.”

http://news.goldseek.com/GoldSeek/1244355290.php

~

another way of saying that the third phase of the gold bull market is coming up here shortly

[4plexowner]

Gold Going Mainstream

“The turning point is being reached and Gold is about to go from stealth bull market to widespread public and institutional participation. As stocks, corporate bonds, commodities and real estate continue their tail spin downwards into the abyss, people will simply want to get liquid and be in cash equivalents.”

http://news.goldseek.com/GoldSeek/1244355290.php

~

another way of saying that the third phase of the gold bull market is coming up here shortly

[4plexowner]

Gold Going Mainstream

“The turning point is being reached and Gold is about to go from stealth bull market to widespread public and institutional participation. As stocks, corporate bonds, commodities and real estate continue their tail spin downwards into the abyss, people will simply want to get liquid and be in cash equivalents.”

http://news.goldseek.com/GoldSeek/1244355290.php

~

another way of saying that the third phase of the gold bull market is coming up here shortly

[4plexowner]

Gold Going Mainstream

“The turning point is being reached and Gold is about to go from stealth bull market to widespread public and institutional participation. As stocks, corporate bonds, commodities and real estate continue their tail spin downwards into the abyss, people will simply want to get liquid and be in cash equivalents.”

http://news.goldseek.com/GoldSeek/1244355290.php

~

another way of saying that the third phase of the gold bull market is coming up here shortly

[4plexowner]

“17. A massive gold stock repo is coming as the gold price soars. Just as the bankers collected trillions in winnings from the taxpayers on their real estate, stock market, and bond market OTC derivatives, the bankers will collect the winnings from the hedged gold companies via a stock repo: “Hey Mr. Mining Company, you’ve got a 10 billion dollar margin call on your bustout gold hedges you wrote with me. You’ve got 24 hrs to hand over the dough or I repo your stock, got it?” -Mr. Banker, 2010-2011.

18. “I don’t have any dough. I’m broke. Here’s 51% of my stock” -Joe Mining Company CEO.”

http://www.321gold.com/editorials/thomson_s/thomson_s_060509.html

~

this is an interesting article

Jim Sinclair (jsmineset.com) mentions the bankers’ “short gold derivatives” fairly often but it hadn’t really sunk in with me what they were

this article makes it a little clearer – basically the banks finance the mining companies and part of the fine print in the loan docs is a gold derivative where the mining company shorts gold – when the price of gold takes off the mining companies end up massively underwater due to their derivative short position and then the banker makes a margin call – via these gold derivatives the banks will take control of the mining companies and ultimately control a significant portion of the gold production on the planet

~

from the article:

“Throw your “the bankers are going to burn because they are idiots” theories in the garbage… before they cost you any more real money. I HATE losing money. Which is why I study the actions of the bankers so intently. They are the greatest money makers in the world.”

[4plexowner]

“17. A massive gold stock repo is coming as the gold price soars. Just as the bankers collected trillions in winnings from the taxpayers on their real estate, stock market, and bond market OTC derivatives, the bankers will collect the winnings from the hedged gold companies via a stock repo: “Hey Mr. Mining Company, you’ve got a 10 billion dollar margin call on your bustout gold hedges you wrote with me. You’ve got 24 hrs to hand over the dough or I repo your stock, got it?” -Mr. Banker, 2010-2011.

18. “I don’t have any dough. I’m broke. Here’s 51% of my stock” -Joe Mining Company CEO.”

http://www.321gold.com/editorials/thomson_s/thomson_s_060509.html

~

this is an interesting article

Jim Sinclair (jsmineset.com) mentions the bankers’ “short gold derivatives” fairly often but it hadn’t really sunk in with me what they were

this article makes it a little clearer – basically the banks finance the mining companies and part of the fine print in the loan docs is a gold derivative where the mining company shorts gold – when the price of gold takes off the mining companies end up massively underwater due to their derivative short position and then the banker makes a margin call – via these gold derivatives the banks will take control of the mining companies and ultimately control a significant portion of the gold production on the planet

~

from the article:

“Throw your “the bankers are going to burn because they are idiots” theories in the garbage… before they cost you any more real money. I HATE losing money. Which is why I study the actions of the bankers so intently. They are the greatest money makers in the world.”

[4plexowner]

“17. A massive gold stock repo is coming as the gold price soars. Just as the bankers collected trillions in winnings from the taxpayers on their real estate, stock market, and bond market OTC derivatives, the bankers will collect the winnings from the hedged gold companies via a stock repo: “Hey Mr. Mining Company, you’ve got a 10 billion dollar margin call on your bustout gold hedges you wrote with me. You’ve got 24 hrs to hand over the dough or I repo your stock, got it?” -Mr. Banker, 2010-2011.

18. “I don’t have any dough. I’m broke. Here’s 51% of my stock” -Joe Mining Company CEO.”

http://www.321gold.com/editorials/thomson_s/thomson_s_060509.html

~

this is an interesting article

Jim Sinclair (jsmineset.com) mentions the bankers’ “short gold derivatives” fairly often but it hadn’t really sunk in with me what they were

this article makes it a little clearer – basically the banks finance the mining companies and part of the fine print in the loan docs is a gold derivative where the mining company shorts gold – when the price of gold takes off the mining companies end up massively underwater due to their derivative short position and then the banker makes a margin call – via these gold derivatives the banks will take control of the mining companies and ultimately control a significant portion of the gold production on the planet

~

from the article:

“Throw your “the bankers are going to burn because they are idiots” theories in the garbage… before they cost you any more real money. I HATE losing money. Which is why I study the actions of the bankers so intently. They are the greatest money makers in the world.”

[4plexowner]

“17. A massive gold stock repo is coming as the gold price soars. Just as the bankers collected trillions in winnings from the taxpayers on their real estate, stock market, and bond market OTC derivatives, the bankers will collect the winnings from the hedged gold companies via a stock repo: “Hey Mr. Mining Company, you’ve got a 10 billion dollar margin call on your bustout gold hedges you wrote with me. You’ve got 24 hrs to hand over the dough or I repo your stock, got it?” -Mr. Banker, 2010-2011.

18. “I don’t have any dough. I’m broke. Here’s 51% of my stock” -Joe Mining Company CEO.”

http://www.321gold.com/editorials/thomson_s/thomson_s_060509.html

~

this is an interesting article

Jim Sinclair (jsmineset.com) mentions the bankers’ “short gold derivatives” fairly often but it hadn’t really sunk in with me what they were

this article makes it a little clearer – basically the banks finance the mining companies and part of the fine print in the loan docs is a gold derivative where the mining company shorts gold – when the price of gold takes off the mining companies end up massively underwater due to their derivative short position and then the banker makes a margin call – via these gold derivatives the banks will take control of the mining companies and ultimately control a significant portion of the gold production on the planet

~

from the article:

“Throw your “the bankers are going to burn because they are idiots” theories in the garbage… before they cost you any more real money. I HATE losing money. Which is why I study the actions of the bankers so intently. They are the greatest money makers in the world.”

[Author]

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