http://www.youtube.com/watch?v=YgHu02zN0p8 heres the pessimistic side of the coin
Printable View
http://www.youtube.com/watch?v=YgHu02zN0p8 heres the pessimistic side of the coin
http://maoistrebelnews.wordpress.com...old-wikileaks/ and heres the more positive side..well for gold at least---thank goodness for teenage daughters and their computer skills
But now you know how to do it Skid, looking forward to more posts with links:) .
Harry Dent on youtube, I don't think Skol likes that guy, you'll have to be careful..says sell gold and silver, it's peaked most likely. He didn't get around to saying why.
The wordpress file, not too sure on the reasoning there either, and wordpress is free to set up a blog on, so I don't know how seriously the posters take their cause.
In a world where just about everything seems to have a sinking valuation, where can you put your savings..if enough think it's in gold or silver, we'll be OK on this thread.
Where to put savings--Thats definitely the big question.--Im finding the sharemarket a bit scarey ATM but do hold a bit of gold and silver as ''insurance''--Yea that H S Dent has some pretty frightening thoeries,that require pretty drastic action-He is firmly in the ''deflation''camp He has been wrong before,and im hopeing he is wrong again.--Skol may not like him but they are both in the same camp as far as US Dollars go.
So how much are you down overnite? NZ$11,500+?
Glad I don't own silver or gold, ^HUI down 7%, wait for the gold/silver stock massacre later today. Glad I'm in cash. Who said gold stocks are cheap? LOL
Didn't have to wait long at all, the PM scene could get real ugly from here, a double top, the party's over.
Gidday Skol,
Some talk on the web that the lower gold price at the moment is driven by traders covering their losses elsewhere, and selling their gold and silver hedge investments. Last time there was a big drop, it rallied very quickly. Should be plenty waiting to buy gold at a better price than recently. Maybe you're right about the US$, or is it just in better shape than most around it?
This from Adam Hewison:
http://club.ino.com/trading/2011/09/...e-looking-for/
Crazy times for the Markets an USD Gold price but checkout the AUD gold price up at $1780oz thats a great price for AUD producers that will be sold off like the world is ending today .....even the soon to be producers like CVR that price in USD will be better of as they will pay wages in KAZ dollars which I'm sure is also dropping like a stone to the USD .....their planned costs to produce their start-up 25koz gold less silver credits round $100-200 per oz Oh no gold is now in the mid 1700's LOL.......................just like 2008 watch the bounce it will rip the doors off $2000oz on the way through to 2500oz.....Q.E comming to the Euro an USA
This question must have been asked many times but I can't seem to find it in on the threads and that is which are the best places places to buy gold in NZ specifically Auckland.
Not Bullion Buyer, it's been in the news for all the wrong reasons.