View Full Version : .............EVERYTHING THAT GLITTERS....................
4dabopper
10-30-2010, 04:00 PM
PLEASE NOTE: This is NOT an Open Discussion thread. This is a club member’s only thread. We are a gentlemen’s and gentlewomen’s club of like minded precious metal enthusiasts who want a relaxed, non-confrontational thread in order to discuss the current bull market. Proper attire of civility and respect for all is REQUIRED at all times. If you participate in this thread, then you agree to bind your self to the following rules.
Membership Rules….
No Porno.
No Ads.
No personal attacks or threats to other GIM members.
Check your attitude and ego at the front door and pick it up on the way out, none is allowed here.
No spamming.
4dabopper as the thread's/club originator has final say of if the club's rules have been violated
Agree to the above rules??.................................If yes, then welcome to the club.
Note, if you don’t play by the above rules, you will be removed from the thread/club and not be allowed to return.
http://www.youtube.com/watch?v=mW1dbiD_zDk
4dabopper
10-30-2010, 04:02 PM
Since I am sure we have some new people here. LOL
Want to learn more about precious metal markets??
Here are some places to go
Here are some good places to start
Opinions and stories
http://www.goldtutor.com/
http://www.gold-eagle.com/
http://www.321gold.com/
http://www.financialsense.com/
http://www.voy.com/65437/
http://www.resourceinvestor.com/Pages/Resource-Investor-Precious-Metals.aspx?channel=2
http://dailyreckoning.com/
http://www.prudentbear.com/index.php/news
Pricing
http://www.kitco.com/
http://www.forex-markets.com/quotes.htm
http://www.netdania.com/Products/live-streaming-currency-rates-foreign-exchange/real-time-quotes/QuoteList.aspx
Want to know where your mines are located??
http://www.resourcestockguide.com/home_page.php?drc=0&dlc=0&hpc=38
General information
http://www.resourcestockguide.com/comparison_table_page.php?p=1|1|3|0|0|33|0&dlc=1&tvs=200&nid=2636
http://finance.yahoo.com/q/cp?s=^GDM
http://quotes.ino.com/chart/?s=NYBOT_DX
http://www.hardrockminer.net/
http://biz.yahoo.com/p/134peeu.html
http://www.litwick.com/glossary.html
http://www2.barchart.com/mktcom.asp
http://goldprice.org/
http://www.acrotec.com/ewt.htm
http://www.fxstreet.com/forex-tools/fibonacci-calculator/
http://www.page88.co.za/cr/index.shtml
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introducti on_to_candlesticks
Places to buy/sell
http://apmex.com/Homepage/Default.aspx?gclid=CKaJ2u-w8ooCFShTUAodCzYlAg
http://www.onlygold.com/
http://www.amark.com/
http://www.golddealer.com/
http://www.usagold.com/buy-gold-coins.html
http://www.tulving.com/goldbull.html
Cartoons
http://cagle.msnbc.com/
Coin facts and information
http://www.coinfacts.com/
http://www.coinflation.com/silver_coin_values.html
http://coins.about.com/od/coinvalues/Coin_Values_Prices_Red_Book_Price_Lists_What_Coins _are_Worth.htm
Advise
http://www.bullion-master.com/
If you only have time to read just one
http://www.jsmineset.com/home.asp
Thanks to others, the list grows.
http://harveyorgan.blogspot.com/
Mish Shedlock:
http://globaleconomicanalysis.blogspot.com/
Karl Denninger:
http://market-ticker.denninger.net/
Calculated Risk:
http://www.calculatedriskblog.com/
Also, for good non-hysterical reading on the Austrian Economics, the Elite, control, globalist themes (one of my personal favorites):
http://www.thedailybell.com
www.silverbearcafe.com
www.aheadoftheherd.com
www.ibtimes.com
www.seekingalpha.com
www.howestreet.com
www.24hgold.com
www.roadtoroota.com
www.preciousmetalstockreview.com
www.investmentrarities.com
www.silver-investor.com
www.zerohedge.com
4dabopper
10-30-2010, 05:13 PM
The US economy is a "fiscal train wreck" waiting to happen, US economist Nouriel Roubini warned on Friday.
It’s like what’s the difference between shiet and crap. LOL
The dollar fell to a 15-year low against the yen as slowing inflation added to speculation the Federal Reserve will have greater latitude to expand asset purchases next week to support the economic recovery. The euro dropped against Japan’s currency as European Union discussions on a permanent mechanism to deal with nations facing default raised concern the region’s debt crisis may intensify again. The dollar extended its drop against the yen as a report before next week’s central bank meeting showed U.S. consumer prices increased at a reduced pace.
Da race to debase…
Another one of the few charts you really got to pay attention to……
<a href="http://s268.photobucket.com/albums/jj5/4dabopper/?action=view¤t=IO11-10Chart1.jpg" target="_blank"><img src="http://i268.photobucket.com/albums/jj5/4dabopper/IO11-10Chart1.jpg" border="0" alt="Photobucket"></a>
Here's a couple new reasons to own silver that a lot of mainstream investors probably aren't aware of…
Due to increased demand from industry and investors, silver exports from China are expected to drop about 40% this year. And that's actually an improvement; customs data show exports plunged almost 60% through the first eight months. China exported about 3,500 metric tons of silver in 2009, but has exported only 970 tons through August of this year.
What a lot of Westerners don't know is that China ended export "rebates" two years ago to stem the shipment of natural resources leaving the country. As a result of the regulation, silver exports decreased in 2009 but are nothing like what they're experiencing this year. In other words, the large drop in exports is a direct result of a huge increase in demand within China itself. According to one Chinese banker, the spike in demand is coming from all areas – jewelry, investment, and industrial. In his words, it's led to a "physical market shortage in the Far East."
How important is this? China is the world's third largest producer of silver (after Peru and Mexico), so the amount of silver coming to the global marketplace this year will drop by more than 74 million ounces. This represents roughly 8.3% of total annual global supply from 2009. If worldwide demand continues at its current pace, where is the extra metal going to come from? This alone tells us the price of silver will move higher. The next item I sleuthed out was that the U.S. Mint is expected to release a new five-ounce silver bullion coin this year, the first ever. The coin will be three inches in diameter and have a composition of .999 fine silver.
I've read the five-ounce bullion coins will be near-exact replicas of the America the Beautiful quarters. There will reportedly be five different designs, and the mint plans to produce 100,000 of each. I can't wait to see them. The coins will be classified as bullion, meaning they should be available to the same dealers already authorized by the mint. This will likely create excitement in the silver market, especially when you consider its affordability. At $23 silver, the five-ounce bullion coin will cost $115, plus premium. One ounce of gold runs $1,340 as I write, while five ounces will cost you $6,700 plus commission. Perhaps most bullish is the fact that silver is vastly underpriced when compared to gold. Look at it this way: gold is currently priced 57% above its 1980 nominal high of $850; silver would have to more than double to reach its 1980 nominal high of $48.70. And that's excluding any inflation-adjusted calculation. Yes, silver's spike was partly a direct result of hoarding by the Hunt Brothers, but my question to the skeptics is this: what's keeping us from seeing similar stockpiling today? What if there are several Hunt Brothers out there? It's true that central banks don't buy and store physical silver, so one source of demand that's common for gold isn't present for silver. But let's keep things in perspective: demand for all forms of silver is rising, and we see no reason the trend won't continue. And with indicators like decreasing supply from China and increased attention from a new bullion coin, I say the big picture on the silver price is extremely bullish.
Bad news a double boinking, all of this coming due...........
<a href="http://s268.photobucket.com/albums/jj5/4dabopper/?action=view¤t=summers101310b.gif" target="_blank"><img src="http://i268.photobucket.com/albums/jj5/4dabopper/summers101310b.gif" border="0" alt="Photobucket"></a>
4dabopper
10-30-2010, 06:55 PM
Well thanks, Cube and Zed, it is ALWAYS appreciated when two "elders" of GIM support an effort for civility and respect towards each other in this club and hopefully ,someday universally over all of the GIM's boards.:biggrin:
Re: Want to learn more about precious metal markets??
Here are some places to go
Here are some good places to start
Certainly others can suggest some other free sites of use to the rest of us...............................................n ow don't sit on that knowledge, it will stagnate. I'm always on the lookout for new places to read, so thanks in advance......
Well thanks, Cube and Zed, it is ALWAYS appreciated when two "elders" of GIM support an effort for civility and respect towards each other in this club and hopefully ,someday universally over all of the GIM's boards.:biggrin:
Just remember to practice what you preach, true gentlemen are nothing if not tolerant (http://goldismoney2.com/showthread.php?374-Axstones-notes-technical-and-fundamental-analysis-on-GOLD&p=99500#post99500).
4dabopper
10-30-2010, 07:26 PM
Gentleman/woman - In modern speech, the term is usually democratised so as to include any man/woman of good, courteous conduct, ... or as a sign of the speaker's own courtesy when addressing others).
Yes Zed, I do realize that occasionally in the battle for/of thought can get heated because most post what they truly believe in, but those flashes of heat should ALWAYS be far and in between, not the norm.
Regardless of the past, (and lets put it in the past) all believing and practicing civil behavior are welcome here no matter what their opinion is.
DonShimoda
10-30-2010, 07:58 PM
You mean...
We don't have to read about Zionist conspiracies?
Or Jew bashing?
Or immigrant bashing?
Or Muslim mosque location issues?
Thank you!!!! I'm in!:beerglass:
4dabopper
10-30-2010, 08:09 PM
""want a relaxed, non-confrontational thread""
You are at the right place, LOL
If you want to argue, go to one of the hundreds of other threads or create your own.
GOLDZILLA
10-30-2010, 08:24 PM
I can say I used to be an argumentative personality until I started posting on internet forums. They have honed me nicely over the years, and my skin has grown very thick in that time. No need to foist barbs upon our fellow persons, as life already does a very good job of that.
Tom Washington
10-30-2010, 08:39 PM
You're all a bunch of sissies ;)
4dabopper
10-30-2010, 08:44 PM
""You're all a bunch of sissies"" - but at least at the end of the day, we will be SANE sissies..............LOL
There are hundreds of other threads where you can get your kicks on route 66, but not here.
Lot of good information here.......
http://www.onlygold.com/TutorialPages/ResearchMainPage.asp
Holy premium Batman!!
1 oz (.999) Fine Silver Bars - (Morgan Design) -
1 - 19 for $27.26 Ea
20 - 99 for $26.76 Ea
100 - 499 for $26.26 Ea
500 or more for $25.76 Ea
Too rich for my blood……….
1 oz American Silver Eagles - Brilliant Uncirculated
1 - 19 for $28.66 Ea
20 - 99 for $28.16 Ea
100 - 499 for $27.66 Ea
500 - 999 for $27.16 Ea
1000 or more for $27.06 Ea
And that’s based on a spot price of
Silver Bid: 24.72 Ask: 24.77
Gold/Silver Ratio 54.94
AgAuGal
10-30-2010, 08:53 PM
Since I am sure we have some new people here. LOL
Want to learn more about precious metal markets??
Here are some places to go
Here are some good places to start
Opinions and stories
http://www.goldtutor.com/
http://www.gold-eagle.com/
http://www.321gold.com/
http://www.financialsense.com/
http://www.voy.com/65437/
http://www.resourceinvestor.com/Pages/Resource-Investor-Precious-Metals.aspx?channel=2
http://dailyreckoning.com/
http://www.prudentbear.com/index.php/news
Pricing
http://www.kitco.com/
http://www.forex-markets.com/quotes.htm
http://www.netdania.com/Products/live-streaming-currency-rates-foreign-exchange/real-time-quotes/QuoteList.aspx
Want to know where your mines are located??
http://www.resourcestockguide.com/home_page.php?drc=0&dlc=0&hpc=38
General information
http://www.resourcestockguide.com/comparison_table_page.php?p=1|1|3|0|0|33|0&dlc=1&tvs=200&nid=2636
http://finance.yahoo.com/q/cp?s=^GDM
http://quotes.ino.com/chart/?s=NYBOT_DX
http://www.hardrockminer.net/
http://biz.yahoo.com/p/134peeu.html
http://www.litwick.com/glossary.html
http://www2.barchart.com/mktcom.asp
http://goldprice.org/
http://www.acrotec.com/ewt.htm
http://www.fxstreet.com/forex-tools/fibonacci-calculator/
http://www.page88.co.za/cr/index.shtml
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introducti on_to_candlesticks
Places to buy/sell
http://apmex.com/Homepage/Default.aspx?gclid=CKaJ2u-w8ooCFShTUAodCzYlAg
http://www.onlygold.com/
http://www.amark.com/
http://www.golddealer.com/
http://www.usagold.com/buy-gold-coins.html
http://www.tulving.com/goldbull.html
Cartoons
http://cagle.msnbc.com/
Coin facts and information
http://www.coinfacts.com/
http://www.coinflation.com/silver_coin_values.html
http://coins.about.com/od/coinvalues/Coin_Values_Prices_Red_Book_Price_Lists_What_Coins _are_Worth.htm
Advise
http://www.bullion-master.com/
If you only have time to read just one
http://www.jsmineset.com/home.asp
this list alone would keep a newbee busy for weeks. And there is so much more if they want to go firher down the rabbit hole.....nice start to a thread, cheers to t being a success bopper
Weatherman
10-31-2010, 09:57 AM
No personal attacks or threats to other GIM members.
Check your attitude and ego at the front door and pick it up on the way out, none is allowed here.
No spamming.
4dabopper as the thread's/club originator has final say of if the club's rules have been violated
Great objectives! :congrats: :36_1_11: I will watch intently to see how well you can accomplish this goal. :deal: :emotions16:
JohnPA
10-31-2010, 11:00 AM
4dabopper,
I appreciate the effort you expend in bringing quality material to the board. While I don't post in quantity, I lend support to a thread whose potential is to be weighted in favor of content and civil discussion and opposed to the distractions that destroy the former.
4dabopper
10-31-2010, 03:56 PM
""I will watch intently to see how well you can accomplish this goal.""
Believe me Weatherman, any one that gets disruptive and becomes a painbody on this club's thread WILL get the boot.
They have hundreds of options such as any other thread on these boards but this one, or they could start their own thread.
[B]By participating in this club/thread, you have made an agreement that you WILL follow the rules, if you don't, you are gone.
We are not here to argue or fight, that is for other threads, NOT this one.
This is the why for the group/club/thread and it will be followed.
We are a gentlemen’s and gentlewomen’s club of like minded precious metal enthusiasts who want a relaxed, non-confrontational thread in order to discuss the current bull market
I take it when you say argument you also mean no discussion or debate where a view point may differ from what has been posted? I would just like to get that straight... is it agree or don't post, or just post what you think without engaging the original content, or don't post at all if you don't tow the club line. If the latter is the case where can the guidelines be found?
4dabopper
10-31-2010, 05:03 PM
""If the latter is the case where can the guidelines be found?""
Zed, we are getting off to a bad faith start, here.
No attorney stuff is needed here, you can always state your point.
But may I suggest that you might be more comfortable on another thread, since you like to have probing dissections and play with ideas and that is not what this club/thread is all about.
southfork
10-31-2010, 05:08 PM
Might want to add this one to the list of research, http://harveyorgan.blogspot.com/
Harvey gives a daily on the ins and outs of the comex delivery and what not, a very good commentary.
Zed, we are getting off to a bad faith start, here.
I would have thought an honest attempt to understand exactly where the boundaries are was in good faith. I find it very confusing that you see it as bad faith.
No attorney stuff is needed here, you can always state your point.
I fear that is not the case, given our history. I want to make sure that I don't upset anyone here. Simply answering the question would make that easy for me and I would appreciate it if you would help me comply with your intentions as I would hate to transgress the club rules.
4dabopper
10-31-2010, 05:54 PM
Once again Zed, this is the purpose of the club/Thread.......
We are a gentlemen’s and gentlewomen’s club of like minded precious metal enthusiasts who want a relaxed, non-confrontational thread in order to discuss the current bull market.
Zed, honestly I feel you would not like it here, as overall you would probably feel restricted.
There are many threads that would love nothing more that to have you take up roost there, here you would probably just be bored......
Oldmansmith
10-31-2010, 06:05 PM
So i'm gonna post a non-confrontational thingy...
I think that gold and silver are in a BULL MARKET...
Which means buy and hold, buy and hold.
4dabopper
10-31-2010, 06:33 PM
Maybe he will, may be he won't...
This time, the central bank sent a clear signal that it intended to take action, and investors are convinced the move will come this week in the form of relaunching asset purchases. This week's policy-setting meeting lasts two days, so the Fed's announcement will come on Wednesday, just after the election.
"It looks to me a bit desperate," Holtz-Eakin said, adding that he was not convinced another round of money printing would do much to stimulate the economy.
Hint, hint, Alaska for Chinese debt, LOL
The U.S. government needs to consider selling assets to boost the economy and reduce the deficit, Mexican billionaire Carlos Slim said today.
Talk about casino action….
Wheat fell in Chicago after the International Grains Council left its production forecast unchanged, indicating output losses due to inclement weather have been accounted for. Corn and soybeans also dropped. The IGC left its global wheat-production forecast unchanged at 644 million metric tons while raising the consumption estimate by 1 million tons. Stockpiles will total 181 million tons, down 1.1 percent from September’s estimate, the statement shows.
Limit up, limit down, limit up……
Meanwhile on mainworld street…..
Rice has jumped 53 percent since the end of June as flooding ravaged crops in Thailand and Vietnam, the world’s two biggest exporters.
One of da last great money grabs……….
Big company pension funds are in their worst shape in at least 15 years, thanks in no small part to falling interest rates.
So says Bank of America Merrill Lynch, which issued a report Friday estimating the aggregate pension funding deficit at S&P 500 companies at $380 billion. That's up 44% from a year ago and represents a funding gap of almost 3% of the index's market capitalization. The average defined benefit plan is just 77% funded, BofA Merrill estimates, down from 82% last year. The biggest problem, writes economist David Bianco, is that falling interest rates have raised the value of the long-lived promises the plans will have to make good to future retirees. The yield on the Moody's Aa corporate bond index, used as a proxy for pension fund discount rates, has fallen by 1.3 percentage points since 2007, BofA notes.
All of them funds still factoring in 6-8% returns,,,,,,,,,,,,,,,,,,,,,,,,,, when 1-2% is what most are going to get.
Don’t know about all of you, but in Houston, Texas they are raising health care premiums around 12% next spring……….Lets see, 1% pay raise, 12% health insurance raise…hey sometime don’t add up…..LOL……………………… And the excuse given is that we don’t have enough union members who can bargain for lower rates…
Kick ‘em when their up, kick’em when they are down. :banana::banana::banana:
$exy $ilver
1YearChg +8.61 +52.76%
A nice 25 cent bounce at opening for silver!
Are we in for some fireworks!
Ace
Weatherman
10-31-2010, 06:47 PM
Does anyone have a view on how the elections might affect the prices of precious metals? My guess is that there is a consensus that the Republicans will gain enough seats in the House to take a small majority in the House, and will gain a few Senate seats but not enough to shift control away from the Democrats. That consensus is likely already priced into PMs. So what happens if the results are substantially different than the consensus? Suppose the election result is a surprise in favor of the Democrats, and the Republicans do not take control of the House? My guess is that the dollar would fall and PM prices would rise if the prospect is more of the same for the next two years. Conversely, if the Republicans do much better than the consensus, and take a solid majority in the House and maybe even take control of the Senate, then I think the dollar would rise (and PM prices would drop) initially because people who do not know better will think the USA will improve its financial house of cards. if we get that drop in PM prices, I think that could be the last good buying opportunity before the end of this year.
Once again Zed, this is the purpose of the club/Thread.......
We are a gentlemen’s and gentlewomen’s club of like minded precious metal enthusiasts who want a relaxed, non-confrontational thread in order to discuss the current bull market.
Zed, honestly I feel you would not like it here, as overall you would probably feel restricted.
There are many threads that would love nothing more that to have you take up roost there, here you would probably just be bored......
Which is why I asked the simple question. I have no wish to 'argue' so I need to understand where that line is.
If you simply wish that I not post because of who I am, which is contrary to earlier posts but seems to be the very unsubtle sub text to your posts then I am afraid you will have to ask me to leave now on the basis of who I am and not on the basis of how I conduct myself.
I am more than willing to play by the rules, a simple clarification is all I seek. This could have been dealt with in one good faith reply. Possibly even a definition of "like minded", are we not all precious metals bulls that have bought and held metal? (for a decade in my case) Does like minded extend beyond that?
I am asking for your help here 4dabopper, a true gentleman would give help as requested. I implore you not to drag this out, surely it is a simple matter of procedure to clarify the situation for all would be posters.
Does anyone have a view on how the elections might affect the prices of precious metals? My guess is that there is a consensus that the Republicans will gain enough seats in the House to take a small majority in the House, and will gain a few Senate seats but not enough to shift control away from the Democrats. That consensus is likely already priced into PMs. So what happens if the results are substantially different than the consensus? Suppose the election result is a surprise in favor of the Democrats, and the Republicans do not take control of the House? My guess is that the dollar would fall and PM prices would rise if the prospect is more of the same for the next two years. Conversely, if the Republicans do much better than the consensus, and take a solid majority in the House and maybe even take control of the Senate, then I think the dollar would rise (and PM prices would drop) initially because people who do not know better will think the USA will improve its financial house of cards. if we get that drop in PM prices, I think that could be the last good buying opportunity before the end of this year.
My take would be that the market want to see who they handle it should the Republicans win. There are two ways they could tackle it one would be politically expedient in terms of tactics but runs the risk of annoying the voters in the short term. The other would please the Republican voters in the short term but would play into the Democrats hands in the long run and it would be tactically stupid. They need to be very cagey about how they handle this, in fact it would be better if they didn't get the upper hand now. That seems unlikely... this IMO is a real wait and see how they deal with it.
4dabopper
10-31-2010, 07:08 PM
Just state your point Zed, that is all you have to do, it's a club, relax...............................
techguy2
10-31-2010, 07:54 PM
For a contrarian deflationist perspective, be sure to visit:
Mish Shedlock:
http://globaleconomicanalysis.blogspot.com/
Karl Denninger:
http://market-ticker.denninger.net/
Calculated Risk:
http://www.calculatedriskblog.com/
Also, for good non-hysterical reading on the Austrian Economics, the Elite, control, globalist themes (one of my personal favorites):
http://www.thedailybell.com
StateofJefferson
10-31-2010, 07:58 PM
Count me in but it sure did not take long for this thread to be trolled!
4dabopper
10-31-2010, 08:19 PM
""For a contrarian deflationist perspective, be sure to visit:
Mish Shedlock:
http://globaleconomicanalysis.blogspot.com/
Karl Denninger:
http://market-ticker.denninger.net/
Calculated Risk:
http://www.calculatedriskblog.com/
Also, for good non-hysterical reading on the Austrian Economics, the Elite, control, globalist themes (one of my personal favorites):
http://www.thedailybell.com
On the lighter side
One of the all time classics.....................you don't know Jack Schit..
http://www.youtube.com/watch?v=QhETObVI10w
Now you can intellectually handle the situation.........
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