Yessssss!!!! Gold Always believe in .... Gold, Your indestructible, GOLD!!!

[Letsbereal]

Silverfuturist: Silver's problem that gold doesn't have Vid
http://www.youtube.com/watch?v=6R4k9dGIA58


Youri Carma: NON-CORROSIVENESS, GOLD'S EDGE MUSN'T BE UNDERESTIMATED!

Gold also has it’s commercial applications in electronics for instance. Every computer contains some gold. You even have companies who make business of getting the gold out of your comp.

But silver has even wider industrial use which give some reason to think that silver has a fine change going up higher even quicker in the market.

But gold has got the edge of market shortage in supply, defenitely not on the demand side and it’s totall lack of corrosion give gold it’s edge over silver in durability in it’s fine quality nowhere else to be found in found in nature, the champion Metal in Non-corrosiveness. Somtin you don’t hear often in the MSM but clearly must not be underestimated otherwise it wouldn’t have survived us as long as it has, more ten thousends of years in the ground, maybe and often “The Barberics” are grossly underestimated in their gold “High Value” use. That’s why gold is number one in keeping optimum electronic conductivity often in difficult circumstances. More Estima.

[Letsbereal]

I read a NEW ALL TIME HIGH FOR GOLD AT 1283.25 o/z

http://www.goldprice.org/spot-gold.html


1,283.25 says Reuters/Telegraph.Uk Gold at new high as recovery fears resurface http://www.telegraph.co.uk/finance/personalfinance/investing/gold/8012943/Gold-at-new-high-as-recovery-fears-resurface.html

[Letsbereal]

ALL TIME GOLD HIGH 1,283.80 o/z says AFP

The metal surged to 1,283.80 dollars an ounce at 4:30 pm (1530 GMT) on the London Bullion Market. (AFP) Gold soars to new record peak http://uk.finance.yahoo.com/news/gold-soars-to-new-record-peak-afp-b5d0269255a6.html?x=0

[Letsbereal]

As a side note:

It is interesting to see that the OeNB considers gold a currency, after German authorities had said otherwise earlier in a rather idiotic move.

From: Austrian Banks Carry €2.6 Trillion in Derivatives - Risk Unknown To Central Bank 20 September 2010, (Prudent Investor) http://prudentinvestor.blogspot.com/2010/09/austrian-banks-carry-26-trillion-in.html

[Letsbereal]

Indeedy again a Gold New All Time High at 1294.11
http://www.goldprice.org/spot-gold.html

[Letsbereal]

Gold futures surge as Fed warns of deflation
22 September 2010, by Polya Lesova and Myra P. Saefong (MarketWatch)
http://www.marketwatch.com/story/gold-futures-top-1290-an-ounce-on-globex-2010-09-21?dist=beforebell

Excerpt:

Gold futures soared to new heights above $1,290 an ounce on Wednesday after the U.S. Federal Reserve signaled it may take further quantitative-easing measures to support the recovery and stave off deflation.

Gold for December delivery hit an intraday high of $1,296.50 an ounce in electronic trading on Globex.

“A new day, a new record high – that essentially describes the situation on the gold market at the moment,” Commerzbank said in a note to clients.

----

After regular trading closed, the Fed signalled it would be willing to take additional steps to boost the faltering U.S. economic recovery and to ward off deflation.

The central bank’s words have largely been interpreted to mean that it will likely take further quantitative-easing measures late this year.

Gold prices rallied in the aftermath of the Fed statement, while the dollar fell sharply.

Gold and the dollar have a strong inverse relationship; when the dollar falls, gold tends to gain.

----

“The increase in the price should continue to be driven by safe-haven demand, motivated by sovereign risk and economic uncertainty,” BNP’s Anne-Laure Tremblay wrote in a research report.

“The increasing prospect for quantitative easing is supportive of gold prices on two fronts: ample liquidity tends to be supportive of asset prices and the move is raising fears of high inflation in the longer term," Tremblay said.

[Letsbereal]

Sinai Says Fed's Sept. 21 Statement Means `Gotta Buy Gold'
22 September 2010, by Joshua Zumbrun and Tom Keene (Bloomberg)
http://www.bloomberg.com/news/2010-09-22/fed-s-statement-on-inflation-means-gotta-buy-gold-economist-sinai-says.html

Excerpt:

The Federal Reserve’s statement yesterday that inflation is below levels consistent with the central bank’s mandate for price stability means it’s time to buy gold, said Allen Sinai, chief global economist at Decision Economics Inc. in New York.

“That’s code for we don’t want to go the way of Japan so we’re going to print money,” Sinai said in a radio interview today on “Bloomberg Surveillance” with Tom Keene. “You gotta buy gold when those two central banks are doing what they’re doing.”

----

Sinai said he forecasts a $1,500 price for gold. “Inflation adjusted it’s still cheap as odd as it sounds,” he said.

[Letsbereal]

Gold May "Rise Substantially;" Bonds in Bubble Vid
http://www.youtube.com/watch?v=fmA0pxFmLio

[agentbluescreen]

Happy $1300 gold day

[Letsbereal]

Happy $1300 gold day

Indeedy

Gold hits record as silver reaches 30-year peak
24 September 2010, by Jan Harvey (Reuters)
http://www.reuters.com/article/idUSTRE67F05920100924

Excerpt:

Gold rallied to record highs in Europe on Friday, with spot prices knocking on the door of $1,300 an ounce, as expectations grew that further quantitative easing could lead to volatility in the currency markets.

Spot gold hit an all-time high of $1,299.65 an ounce and was bid at $1,298.80 an ounce at 7:28 a.m. EDT, against $1,293.50 late in New York on Thursday.

U.S. gold futures for December delivery hit a record $1,301.30 an ounce and were later at $1,300.10 an ounce, up $3.80. Silver also reached its strongest in 30 years at $21.41 an ounce, tracking gains in gold.

Gold has risen more than 4% so far this month and hit record highs for five consecutive sessions to Wednesday, extending gains after the Federal Reserve indicated it may consider further quantitative easing, undermining the dollar.

[citizenx]

Wow, it has gotta push through to 1300.  I think today (in America) has gotta be the day.  So close.  If not today, very soon.

Somehow I don't think we are going to see 1400 this year, though.  That's just my hunch.

[agentbluescreen]

Wow, it has gotta push through to 1300.  I think today (in America) has gotta be the day.  So close.  If not today, very soon.

Somehow I don't think we are going to see 1400 this year, though.  That's just my hunch.

They are keeping their powder dry to stage a phony gold pricefixing attack to (as they always do) attempt once again to take economic issues off the table for their RepublicRAT/DeMOBlican "coronation ceremonies" (so-called elections) next summer/fall. They will let it rise to over $1500 this Autumn, they have no other choice, people are too-well aware that their corporatist-bailout "solution" is merely a broken, self-destructive and void "quick fix" that merely worsens the crisis.

The question is wether they can survive this winter and next summer, let alone this bleak, upcoming Red October with their phony DJIA paper-shuffles.

[Letsbereal]

Comex Gold breaks above $1,300 per ounce for first time
24 September 2010, by Allen Sykora of Kitco News (CommodityOnline)
http://www.commodityonline.com/news/Comex-Gold-breaks-above-$1300-per-ounce-for-first-time-32039-3-1.html

Around 8 a.m. EST (1200 GMT), most-active Comex December gold was $3.90 higher at $1,300.20 an ounce after hitting an overnight peak of $1,301.30.

Spot gold was $5.80 higher at $1,298.30.

[Letsbereal]

Gold Set to Hit $1,500 Vid
http://www.youtube.com/watch?v=xtA2YfoNyfE

[Femacamper]

Prepare yourselves for $10,000 gold and $100 silver.

[Letsbereal]

Gold’s next hurdle is 1980’s inflation-adjusted peak
24 September 2010, by Claudia Assis (MarketWatch)
http://www.marketwatch.com/story/golds-next-hurdle-is-80s-inflation-adjusted-peak-2010-09-24

Excerpt:

Gold hit a long-anticipated high-water mark Friday, briefly breaking through $1,300 an ounce. But the precious metal still has a long way to go to reclaim its inflation-adjusted all-time highs.

A gold investor who bought an ounce of the metal at its January 1980 peak would need gold to advance by more than $1,000 an ounce from today’s record levels to come out ahead when 30 years of inflation are taken into account.

People who bought gold in 1980 “have not even halfway broken even,” said Jon Nadler, a senior analyst with Kitco Metals.

----

A few analysts are setting their sights at $1,500 an ounce.

The consensus is the upward trend to gold will continue as yields on government bonds are likely to keep falling and the dollar remains under pressure.

[Letsbereal]

George Soros Dumps U.S. Stocks – Dives Into Gold
20 August 2010, (Firetown!)
http://www.firetown.com/blog/2010/08/20/george-soros-dumps-u-s-stocks-dives-into-gold/

Excerpt:

The legendary investor’s Soros Fund Management – which has approximately $25 billion under management – reduced its equity investments by 42% to $5.1 billion by the end of June, down from $8.8 billion at the end of March.

----

Of those equities that do remain, the fund’s holding in a gold exchange traded fund constitutes his largest investment, some 13% of the equity portfolio, worth $638 million.

----

Billionaire investor George Soros in the second quarter stuck with his big bet on gold but slashed his holdings in dozens of major U.S. companies from Verizon Communications to Pfizer.

----

GOLD MOVES TO TOP

The fund firm said it owned 5.24 million shares of the SPDR Gold Trust (GLD.P) worth $638 million as of June 30. Though down slightly from the fund’s 5.59 million shares owned at the end of the first quarter, that was the fund’s biggest holding by dollar value.

With the sale of so many other holdings, the Gold ETF constituted almost 13% of the firm’s total equities, up from 7% at the end of the first quarter.

[Letsbereal]

Monetary Jihad - Gold Dinar, Silver Dirham Vid
http://www.youtube.com/watch?v=cBTaHvkD1SY

[Letsbereal]

$10 Oil? Mike Maloney Schools Bankers on Deflation, Gold and Silver (Part 1 of 2)
http://www.youtube.com/watch?v=uzef43gdupk

(PART 2!) $10 Oil? Mike Maloney Schools Bankers on Deflation, Gold and Silver
http://www.youtube.com/watch?v=0Wrrzsrb-wg

[Letsbereal]

Gold May Gain Next Week on Wealth Protection, Weaker Dollar, Survey Shows
24 September 2010, by Nicholas Larkin (Bloomberg)
http://www.bloomberg.com/news/2010-09-23/gold-may-gain-next-week-on-wealth-protection-weaker-dollar-survey-shows.html

Excerpt:

Sixteen of 23 traders, investors and analysts surveyed by Bloomberg, or 70%, said the metal will rise next week. Six forecast lower prices and one was neutral.

----

The weekly gold survey that started six years ago has forecast prices accurately in 189 of 329 weeks, or 57% of the time.

This week’s survey results: Bullish:16  Bearish:6  Neutral:1

[Letsbereal]

Europe’s central banks halt gold sales
26 September 2010, by Jack Farchy in Berlin (The Financial Times)
http://www.ft.com/cms/s/0/b9859c7e-c99b-11df-b3d6-00144feab49a.html

Excerpt:

Europe’s central banks have all but halted sales of their gold reserves, ending a run of large disposals each year for more than a decade.

The central banks of the eurozone plus Sweden and Switzerland are bound by the Central Bank Gold Agreement, which caps their collective sales.

In the CBGA’s year to September, which expired on Sunday, the signatories sold 6.2 tonnes, down 96%, according to provisional data.

The sales are the lowest since the agreement was signed in 1999 and well below the peak of 497 tonnes in 2004-05.

----

In the 1990s and 2000s, central banks swapped their non- yielding bullion for sovereign debt, which gives a steady annual return. But now, central banks and investors are seeking the security of gold.

----

European central banks are unlikely to sell much more gold in the new CBGA year, according to a survey by the Financial Times.

[Letsbereal]

Gold is the final refuge against universal currency debasement
26 September 2010, by Ambrose Evans-Pritchard (Telegraph.UK)
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8026324/Gold-is-the-final-refuge-against-universal-currency-debasement.html

Excerpt:

States accounting for two-thirds of the global economy are either holding down their exchange rates by direct intervention or steering currencies lower in an attempt to shift problems on to somebody else, each with their own plausible justification. Nothing like this has been seen since the 1930s.

----

The US and Britain are debasing coinage to alleviate the pain of debt-busts, and to revive their export industries: China is debasing to off-load its manufacturing overcapacity on to the rest of the world, though it has a trade surplus with the US of $20bn (£12.6bn) a month.

Premier Wen Jiabao confesses that China’s ability to maintain social order depends on a suppressed currency. A 20pc revaluation would be unbearable. “I can’t imagine how many Chinese factories will go bankrupt, how many Chinese workers will lose their jobs,” he said.

Plead he might, but tempers in Washington are rising. Congress will vote next week on the Currency Reform for Fair Trade Act, intended to make it much harder for the Commerce Department to avoid imposing “remedial tariffs” on Chinese goods deemed to be receiving “benefit” from an unduly weak currency.

Japan has intervened to stop the strong yen tipping the country into a deflation death spiral, though it too has a trade surplus. There is suspicion in Tokyo that Beijing’s record purchase of Japanese debt in June, July, and August was not entirely friendly, intended to secure yuan-yen advantage and perhaps to damage Japan’s industry at a time of escalating strategic tensions in the Pacific region.

Brazil dived into the markets on Friday to weaken the real. The Swiss have been doing it for months, accumulating reserves equal to 40pc of GDP in a forlorn attempt to stem capital flight from Euroland. Like the Chinese and Japanese, they too are battling to stop the rest of the world taking away their structural surplus.

The exception is Germany, which protects its surplus ($179bn, or 5.2pc of GDP) by means of an undervalued exchange rate within EMU. The global game of pass the unemployment parcel has to end somewhere. It ends in Greece, Portugal, Spain, Ireland, parts of Eastern Europe, and will end in France and Italy too, at least until their democracies object.

[Letsbereal]

WARNING: THE BULLION BANKS ARE LOSING CONTROL OF SILVER & GOLD!!!
http://www.youtube.com/watch?v=iPvBQ1qscpg

In this edited (originally 15 minute+ interview) Jim Willie lays out the latest information about the LBMA, and the "Raids" that according to his source, are happening and will continue to happen "until the Anglo Bankers are de-nutted."

Ownership of physical allocated metals is, at this point in the game, the only option for those who want to own gold and silver.

[Kilika]

WARNING: THE BULLION BANKS ARE LOSING CONTROL OF SILVER & GOLD!!!
http://www.youtube.com/watch?v=iPvBQ1qscpg

In this edited (originally 15 minute+ interview) Jim Willie lays out the latest information about the LBMA, and the "Raids" that according to his source, are happening and will continue to happen "until the Anglo Bankers are de-nutted."

Ownership of physical allocated metals is, at this point in the game, the only option for those who want to own gold and silver.

Well, if in fact people start asking for delievery of large amounts of physical gold, somebody no doubt would get caught short on inventory. How much of an effect that would have on things? If the gold isn't there, it isn't there, and the price would lilkely move accordingly, and it would all settle back down to the new values. People would take their licks and go on trying to build the golden calf. And I suspect there will be some "negotiating" between parties to help "resolve" their shortage of bullion, resolutions that the general public may not like, but you can be sure the elites will get theirs.

It's going to be bad for some because it seems that crooks don't take kindly to crooks who rip off crooks. "Floating gold and silver paper is to me criminal because it's a fraud when the company says it can deliver a product that they know full well they can't deliver. The whole point of the stability of that system is the physical gold itself. You ain't got it, you can't sell it, yet evidence suggests that they are in fact selling more than they can actually deliver at any given time.

They are taking advantage of a crap shoot, that not all, or not a large amount of physical gold will be demanded at any given time. Classic Ponzi scheme. This paper game they play in commodities is a total fraud. The problem is that they can't just produce the gold even if they get caught, because it ain't there, never was, many times over. And that doesn't factor the price of gold now versus what it was when the gold was sold in the first place, which could be from reserves that should be several years old if they were maintaining inventory, and much lower purchase price. That's very bad. This has the potential for being one of those "...in the history of the world" type events.

[agentbluescreen]

The pattern has definitely reversed. normally we see a morning price fixing downwards at the end of the London session that sets an artificially lowered over the counter buying market price for the US bankster-franchisees but for instance today we are seeing an immediate price rise after the feeble London attempts die off. This can only be attributed to greater purchasing pressure on this side of the pond, and them loosing their ability to snap back up all that they've dumped to replace their losses.

[stangrof]

Here it is: 1305 dollars an ounce!!!http://www.24hgold.com/francais/cours_or_argent.aspx?money=Euro

[Letsbereal]

Pessimism about economy nudges gold higher - Gold back at record high, silver also returns to 30-year high
28 September 2010, by Claudia Assis (MarketWatch)
http://www.marketwatch.com/story/gold-takes-a-breather-after-record-string-2010-09-28

Excerpt:

Gold has rallied to record highs for seven out of the past eight sessions, but had started Tuesday in the red.

The metal hit an intraday high of $1,308.90 an ounce.

Investors will watch closely for a settlement above $1,300 on Tuesday. Gold has come very close in the past two sessions.

“The psychologically important mark of $1,300 appears to be a tough hurdle,” analysts at Commerzbank said in a note to clients Tuesday.

[TheNatural]

Gold is just holding its value in my currency. Its all a matter of US dollars losing value, a lot of value the past few weeks.

[Letsbereal]

Experts see gold price rising to $1,450
28 September 2010, by Jack Farchy in Berlin (The Financial Times)
http://www.ft.com/cms/s/0/a16b0bd2-cafa-11df-bf36-00144feab49a.html

Excerpt:

The price of gold will rise to $1,450 a troy ounce in the next year, according to a poll of bankers, producers and analysts attending the London Bullion Market Association conference in Berlin, the biggest gathering of the precious metal’s industry.

----

Some delegates say gold prices could surge even further, with some analysts and bankers predicting prices above $1,500 an ounce in the coming months as investors stock up on gold in response to uncertainty about the state of the global economy and the effectiveness of monetary policy.

“The degree of uncertainty that is out there at the moment ... has justified a move into gold,” said John Reade, senior vice-president at Paulson, the hedge fund that made millions during the financial crisis and is now buying bullion.

----

Most of the delegates at the LBMA conference cited the potential of a double-dip recession and further weakness of the US dollar as the main drivers of gold prices during the next year.

Some also cited fears about surging inflation on the back of further monetary easing by the US Federal Reserve.

----

The rally was further helped by signs that central banks, led by Russia and several Asia-based monetary authorities, would this year be net buyers of gold after two decades of net selling, and by bullish comments from leading gold miners.

AngloGold Ashanti said it planned to wind up its forward sales, a bet that high prices are here to stay.

[agentbluescreen]

Gold is just holding its value in my currency. Its all a matter of US dollars losing value, a lot of value the past few weeks.

This is a story much like the certifiably gold backed Canadian currency which nonetheless is being devalued in lock-step with the Private Fed Ducat and other major currencies because these countries economies cannot survive the loss of their export markets.

I don't know what country you live in but unless it's a jobless place as poor as dirt already it's simply a matter of time until they are forced to devalue your's. Since "America" doesn't produce anything of value but bombs and WMDs (for Israel) anymore, and they are the largest single net importers of everything (with the fattest credit cards), nobody can afford to effectively raise their wages and export prices by keeping the value of their currency above it's traditional relative value to the PFR Ducat's value for too long.

[TheNatural]

I don't know what country you live in but unless it's a jobless place as poor as dirt already it's simply a matter of time until they are forced to devalue your's. Since "America" doesn't produce anything of value but bombs and WMDs (for Israel) anymore, and they are the largest single net importers of everything (with the fattest credit cards), nobody can afford to effectively raise their wages and export prices by keeping the value of their currency above it's traditional relative value to the PFR Ducat's value for too long.

Well ,its Norway. Of course gold has gone up here too. But in this case I meant the latest upward climb in the latest weeks. But I expect our currency will lose value too.

[Letsbereal]

GOLD HITS NEW ALL TIME HIGH OF $1,314.80 JUST BEFORE THE BELL
29 September 2010 (WSJ) http://online.wsj.com/article/BT-CO-20100929-708040.html

[agentbluescreen]

Well ,its Norway. Of course gold has gone up here too. But in this case I meant the latest upward climb in the latest weeks. But I expect our currency will lose value too.

Oh how I still miss my old Tandbergs  Now, even their reborn new videoconferencing enterprise has been grabbed by CISCO and are thus doomed to be carted-off to Red China

[Letsbereal]

US Mint says has run out on Buffalo gold coins
27 September 2010, (Reuters)
http://af.reuters.com/article/metalsNews/idAFN2711303520100927?sp=true

Excerpt:

The U.S. Mint has run out of a type of highly pure gold coin it had been selling amid record high prices of gold.

The mint said it will not stock more of the 1-ounce, 24-karat American Buffalo bullion coins.

"The United States Mint has depleted its inventory of 2010 American Buffalo One Ounce Gold Bullion Coins," the Mint said in a statement, seen by Reuters on Monday.


2010 Gold Buffalo Bullion Coins Sold Out
27 September 2010, by Michael Zielinski (Coin Update)
http://news.coinupdate.com/gold-buffalo-bullion-coins-sold-out-0466/

Excerpt:

In a memorandum sent to authorized purchasers, the US Mint indicated that their inventory of 2010 American Gold Buffalo Bullion Coins has been depleted. Furthermore, no additional inventory will be made available.

[Letsbereal]

Philip Manduca: "Gold Trough $2000 in the next 12 Months"
http://www.youtube.com/watch?v=OwHK8qKCtpQ

[simpletruths19]

the dollar is a worthless piece of paper.  5 cents in 1929 is equal to one dollar today.  The dollar just keeps going down.  But that is all part of the plan make americans powerless

[simpletruths19]

a hamburger used to cost 10 cents when mcdonalds first opened, now it is a dollar.  That is how devalued the dollar is

[Letsbereal]

Gold New All Time High at $1,317.50
30 September 2010, (WSJ) http://online.wsj.com/article/SB10001424052748704483004575523610820127750.html

[agentbluescreen]

a hamburger used to cost 10 cents when mcdonalds first opened, now it is a dollar.  That is how devalued the dollar is

What McDonalds do you go to? A FED Ducat today is now running about the price of a 5¢ Coke (on sale).

Wait another hour... If the pattern has really reversed, (as I suspect) this will not be the high.

[Letsbereal]

What McDonalds do you go to? A FED Ducat today is now running about the price of a 5¢ Coke (on sale).

Wait another hour... If the pattern has really reversed, (as I suspect) this will not be the high.

For the food I need McDonalds isn't cheap at all. This is my standard menu order at McDonalds do realy feel filled up.

1 Big Mac (Menu Medium)
1 french frites (Medium)
1 milk (You have to Pay Extra over Coke!)

2 french frites sauce (Pay extra for)
1 fish Burger
1 normal Hamburger
________________________

That's around 13 Euro's (The Netherlands) = $18 !!!!

For that money I can go to the best local Chinese Restaurant and eat for two days!

So I stopped eating at McDonalds for three reasons Money, Health and Principal.