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October 21, 2009 at 12:48 PM #471972October 21, 2009 at 3:54 PM #471871
sobmaz
ParticipantGold Bugs are way way way over bullish…..a major sell signal.
The General public have very little if any Gold and what Gold they do have they run to “Cash 4 Gold” centers.
The General INVESTING public is convinced gold is a bubble, ready to pop.
Gold bugs led the bull market the last 9 years, when Bugs were too bullish, Gold plunged and when too bearish, Gold surged.
Gold “BUG” means someone who understands the nature of Gold. Understands that it was once a currency, not because it is “pretty” but because it was of limited supply and therefor always had value due to scarcity. Gold “BUGS” are people who understand that the U.S. dollar is just as good Gold, if only the Dollar was of equal limited supply and scarcity.
“Bugs” know that new Gold is mined, ever increasing the supply, at a rate of about an additional 2% a year. “BUGS” know that Dollars could be made just as scarce as Gold and therefore the Dollar would be preferable for storing wealth and commerce.
“BUGS” know that the scarcity issue is of the utmost importance. If Gold could be made at will, it would plunge in value. “BUGS” know that for the Dollar to be equal to Gold, the Dollar must be scarce.
We are now at the point that every “BUG” knows that Central Banks are printing money at ever increasing rates, especially the United States. If Dollars can be printed at will, free of charge, how exactly is there any scarcity in the equation?
Bugs are nearly all bullish and who will take the bull market forward? The Public that knows nothing of Gold will.
Boomers have saved their entire lives for retirement and now that it approaches the interest earnings on their savings are rapidly approaching ZIP. The choice is their life savings earning ZIP or risking it in the stock market, bonds (which you can lose money on if rates rise) or real estate.
The very politicians in Washington, both Democrat and Republican, who are bought and paid for by big business and their lobbyists are the responsible party for keeping the U.S. Dollar scarce, along with the FED.
“BUGS” are 100% bullish because they understand the issues revolving around the worlds reserve currency, the Dollar, and have for quite some time but have never seen the irresponsibility of Washington at these levels.
“BUGS” are fully invested, they will not carry this Golden Bull forward, the public, as they learn the hard way, will carry the Bull from this point.
If the FED ever had to raise rates to 10% to defend the dollar or combat inflation this country would implode. Our Government would need to spend 1.5 trillion a year on interest payments alone! Of course no one cares because “Deflation”, according to the FED, is the problem.
(you’all hear tuitions at public universities went up 6.5% last year? How about your medical costs? Insurance costs? Hair cuts? )
What will send Gold to the thousands will be unlimited dollars that “earn” nothing unless they are risked in the stock market or real estate. The days of wealth preservation in the dollar are gone, the days of gambling with the next bubble are here.
October 21, 2009 at 3:54 PM #472708ParticipantGold Bugs are way way way over bullish…..a major sell signal.
The General public have very little if any Gold and what Gold they do have they run to “Cash 4 Gold” centers.
The General INVESTING public is convinced gold is a bubble, ready to pop.
Gold bugs led the bull market the last 9 years, when Bugs were too bullish, Gold plunged and when too bearish, Gold surged.
Gold “BUG” means someone who understands the nature of Gold. Understands that it was once a currency, not because it is “pretty” but because it was of limited supply and therefor always had value due to scarcity. Gold “BUGS” are people who understand that the U.S. dollar is just as good Gold, if only the Dollar was of equal limited supply and scarcity.
“Bugs” know that new Gold is mined, ever increasing the supply, at a rate of about an additional 2% a year. “BUGS” know that Dollars could be made just as scarce as Gold and therefore the Dollar would be preferable for storing wealth and commerce.
“BUGS” know that the scarcity issue is of the utmost importance. If Gold could be made at will, it would plunge in value. “BUGS” know that for the Dollar to be equal to Gold, the Dollar must be scarce.
We are now at the point that every “BUG” knows that Central Banks are printing money at ever increasing rates, especially the United States. If Dollars can be printed at will, free of charge, how exactly is there any scarcity in the equation?
Bugs are nearly all bullish and who will take the bull market forward? The Public that knows nothing of Gold will.
Boomers have saved their entire lives for retirement and now that it approaches the interest earnings on their savings are rapidly approaching ZIP. The choice is their life savings earning ZIP or risking it in the stock market, bonds (which you can lose money on if rates rise) or real estate.
The very politicians in Washington, both Democrat and Republican, who are bought and paid for by big business and their lobbyists are the responsible party for keeping the U.S. Dollar scarce, along with the FED.
“BUGS” are 100% bullish because they understand the issues revolving around the worlds reserve currency, the Dollar, and have for quite some time but have never seen the irresponsibility of Washington at these levels.
“BUGS” are fully invested, they will not carry this Golden Bull forward, the public, as they learn the hard way, will carry the Bull from this point.
If the FED ever had to raise rates to 10% to defend the dollar or combat inflation this country would implode. Our Government would need to spend 1.5 trillion a year on interest payments alone! Of course no one cares because “Deflation”, according to the FED, is the problem.
(you’all hear tuitions at public universities went up 6.5% last year? How about your medical costs? Insurance costs? Hair cuts? )
What will send Gold to the thousands will be unlimited dollars that “earn” nothing unless they are risked in the stock market or real estate. The days of wealth preservation in the dollar are gone, the days of gambling with the next bubble are here.
October 21, 2009 at 3:54 PM #472486ParticipantGold Bugs are way way way over bullish…..a major sell signal.
The General public have very little if any Gold and what Gold they do have they run to “Cash 4 Gold” centers.
The General INVESTING public is convinced gold is a bubble, ready to pop.
Gold bugs led the bull market the last 9 years, when Bugs were too bullish, Gold plunged and when too bearish, Gold surged.
Gold “BUG” means someone who understands the nature of Gold. Understands that it was once a currency, not because it is “pretty” but because it was of limited supply and therefor always had value due to scarcity. Gold “BUGS” are people who understand that the U.S. dollar is just as good Gold, if only the Dollar was of equal limited supply and scarcity.
“Bugs” know that new Gold is mined, ever increasing the supply, at a rate of about an additional 2% a year. “BUGS” know that Dollars could be made just as scarce as Gold and therefore the Dollar would be preferable for storing wealth and commerce.
“BUGS” know that the scarcity issue is of the utmost importance. If Gold could be made at will, it would plunge in value. “BUGS” know that for the Dollar to be equal to Gold, the Dollar must be scarce.
We are now at the point that every “BUG” knows that Central Banks are printing money at ever increasing rates, especially the United States. If Dollars can be printed at will, free of charge, how exactly is there any scarcity in the equation?
Bugs are nearly all bullish and who will take the bull market forward? The Public that knows nothing of Gold will.
Boomers have saved their entire lives for retirement and now that it approaches the interest earnings on their savings are rapidly approaching ZIP. The choice is their life savings earning ZIP or risking it in the stock market, bonds (which you can lose money on if rates rise) or real estate.
The very politicians in Washington, both Democrat and Republican, who are bought and paid for by big business and their lobbyists are the responsible party for keeping the U.S. Dollar scarce, along with the FED.
“BUGS” are 100% bullish because they understand the issues revolving around the worlds reserve currency, the Dollar, and have for quite some time but have never seen the irresponsibility of Washington at these levels.
“BUGS” are fully invested, they will not carry this Golden Bull forward, the public, as they learn the hard way, will carry the Bull from this point.
If the FED ever had to raise rates to 10% to defend the dollar or combat inflation this country would implode. Our Government would need to spend 1.5 trillion a year on interest payments alone! Of course no one cares because “Deflation”, according to the FED, is the problem.
(you’all hear tuitions at public universities went up 6.5% last year? How about your medical costs? Insurance costs? Hair cuts? )
What will send Gold to the thousands will be unlimited dollars that “earn” nothing unless they are risked in the stock market or real estate. The days of wealth preservation in the dollar are gone, the days of gambling with the next bubble are here.
October 21, 2009 at 3:54 PM #472409ParticipantGold Bugs are way way way over bullish…..a major sell signal.
The General public have very little if any Gold and what Gold they do have they run to “Cash 4 Gold” centers.
The General INVESTING public is convinced gold is a bubble, ready to pop.
Gold bugs led the bull market the last 9 years, when Bugs were too bullish, Gold plunged and when too bearish, Gold surged.
Gold “BUG” means someone who understands the nature of Gold. Understands that it was once a currency, not because it is “pretty” but because it was of limited supply and therefor always had value due to scarcity. Gold “BUGS” are people who understand that the U.S. dollar is just as good Gold, if only the Dollar was of equal limited supply and scarcity.
“Bugs” know that new Gold is mined, ever increasing the supply, at a rate of about an additional 2% a year. “BUGS” know that Dollars could be made just as scarce as Gold and therefore the Dollar would be preferable for storing wealth and commerce.
“BUGS” know that the scarcity issue is of the utmost importance. If Gold could be made at will, it would plunge in value. “BUGS” know that for the Dollar to be equal to Gold, the Dollar must be scarce.
We are now at the point that every “BUG” knows that Central Banks are printing money at ever increasing rates, especially the United States. If Dollars can be printed at will, free of charge, how exactly is there any scarcity in the equation?
Bugs are nearly all bullish and who will take the bull market forward? The Public that knows nothing of Gold will.
Boomers have saved their entire lives for retirement and now that it approaches the interest earnings on their savings are rapidly approaching ZIP. The choice is their life savings earning ZIP or risking it in the stock market, bonds (which you can lose money on if rates rise) or real estate.
The very politicians in Washington, both Democrat and Republican, who are bought and paid for by big business and their lobbyists are the responsible party for keeping the U.S. Dollar scarce, along with the FED.
“BUGS” are 100% bullish because they understand the issues revolving around the worlds reserve currency, the Dollar, and have for quite some time but have never seen the irresponsibility of Washington at these levels.
“BUGS” are fully invested, they will not carry this Golden Bull forward, the public, as they learn the hard way, will carry the Bull from this point.
If the FED ever had to raise rates to 10% to defend the dollar or combat inflation this country would implode. Our Government would need to spend 1.5 trillion a year on interest payments alone! Of course no one cares because “Deflation”, according to the FED, is the problem.
(you’all hear tuitions at public universities went up 6.5% last year? How about your medical costs? Insurance costs? Hair cuts? )
What will send Gold to the thousands will be unlimited dollars that “earn” nothing unless they are risked in the stock market or real estate. The days of wealth preservation in the dollar are gone, the days of gambling with the next bubble are here.
October 21, 2009 at 3:54 PM #472051ParticipantGold Bugs are way way way over bullish…..a major sell signal.
The General public have very little if any Gold and what Gold they do have they run to “Cash 4 Gold” centers.
The General INVESTING public is convinced gold is a bubble, ready to pop.
Gold bugs led the bull market the last 9 years, when Bugs were too bullish, Gold plunged and when too bearish, Gold surged.
Gold “BUG” means someone who understands the nature of Gold. Understands that it was once a currency, not because it is “pretty” but because it was of limited supply and therefor always had value due to scarcity. Gold “BUGS” are people who understand that the U.S. dollar is just as good Gold, if only the Dollar was of equal limited supply and scarcity.
“Bugs” know that new Gold is mined, ever increasing the supply, at a rate of about an additional 2% a year. “BUGS” know that Dollars could be made just as scarce as Gold and therefore the Dollar would be preferable for storing wealth and commerce.
“BUGS” know that the scarcity issue is of the utmost importance. If Gold could be made at will, it would plunge in value. “BUGS” know that for the Dollar to be equal to Gold, the Dollar must be scarce.
We are now at the point that every “BUG” knows that Central Banks are printing money at ever increasing rates, especially the United States. If Dollars can be printed at will, free of charge, how exactly is there any scarcity in the equation?
Bugs are nearly all bullish and who will take the bull market forward? The Public that knows nothing of Gold will.
Boomers have saved their entire lives for retirement and now that it approaches the interest earnings on their savings are rapidly approaching ZIP. The choice is their life savings earning ZIP or risking it in the stock market, bonds (which you can lose money on if rates rise) or real estate.
The very politicians in Washington, both Democrat and Republican, who are bought and paid for by big business and their lobbyists are the responsible party for keeping the U.S. Dollar scarce, along with the FED.
“BUGS” are 100% bullish because they understand the issues revolving around the worlds reserve currency, the Dollar, and have for quite some time but have never seen the irresponsibility of Washington at these levels.
“BUGS” are fully invested, they will not carry this Golden Bull forward, the public, as they learn the hard way, will carry the Bull from this point.
If the FED ever had to raise rates to 10% to defend the dollar or combat inflation this country would implode. Our Government would need to spend 1.5 trillion a year on interest payments alone! Of course no one cares because “Deflation”, according to the FED, is the problem.
(you’all hear tuitions at public universities went up 6.5% last year? How about your medical costs? Insurance costs? Hair cuts? )
What will send Gold to the thousands will be unlimited dollars that “earn” nothing unless they are risked in the stock market or real estate. The days of wealth preservation in the dollar are gone, the days of gambling with the next bubble are here.
October 21, 2009 at 4:00 PM #472491ParticipantGOLD AND ECONOMIC FREEDOM…………..
http://www.321gold.com/fed/greenspan/1966.html
This article written by Alan Greenspan in 1966 was printed well before Greenspan entered politics. He could actually say what he thought, of course that all ended a few years later.
His essay was reprinted at the above link but you can easily validate the essay, it was written by Greenspan.
October 21, 2009 at 4:00 PM #472713ParticipantGOLD AND ECONOMIC FREEDOM…………..
http://www.321gold.com/fed/greenspan/1966.html
This article written by Alan Greenspan in 1966 was printed well before Greenspan entered politics. He could actually say what he thought, of course that all ended a few years later.
His essay was reprinted at the above link but you can easily validate the essay, it was written by Greenspan.
October 21, 2009 at 4:00 PM #472056ParticipantGOLD AND ECONOMIC FREEDOM…………..
http://www.321gold.com/fed/greenspan/1966.html
This article written by Alan Greenspan in 1966 was printed well before Greenspan entered politics. He could actually say what he thought, of course that all ended a few years later.
His essay was reprinted at the above link but you can easily validate the essay, it was written by Greenspan.
October 21, 2009 at 4:00 PM #471876ParticipantGOLD AND ECONOMIC FREEDOM…………..
http://www.321gold.com/fed/greenspan/1966.html
This article written by Alan Greenspan in 1966 was printed well before Greenspan entered politics. He could actually say what he thought, of course that all ended a few years later.
His essay was reprinted at the above link but you can easily validate the essay, it was written by Greenspan.
October 21, 2009 at 4:00 PM #472414ParticipantGOLD AND ECONOMIC FREEDOM…………..
http://www.321gold.com/fed/greenspan/1966.html
This article written by Alan Greenspan in 1966 was printed well before Greenspan entered politics. He could actually say what he thought, of course that all ended a few years later.
His essay was reprinted at the above link but you can easily validate the essay, it was written by Greenspan.
October 21, 2009 at 6:43 PM #472590Jim Jones
ParticipantI agree with scardycat. Usually those who show up last loose the most.
October 21, 2009 at 6:43 PM #472812ParticipantI agree with scardycat. Usually those who show up last loose the most.
October 21, 2009 at 6:43 PM #471976ParticipantI agree with scardycat. Usually those who show up last loose the most.
October 21, 2009 at 6:43 PM #472515ParticipantI agree with scardycat. Usually those who show up last loose the most.
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