87 replies to this topic

[dharma]

this watch has over an ounce of gold
http://www.businessi...in-china-2015-4
dharma

[dharma]

pan am silver ceo
bear markets create shortages and they are showing up in zinc
http://www.bloomberg...ly-hard-to-find
http://www.smh.com.a...410-1mhemu.html
dharma

[dharma]

1st quarter expectations have been lowered. from 3%-1.4% i am thinking that the wave up to 1220 was 5 waves, and we are in a correction of that wave now dharma

[dougie]

Doesn't look like anyone is banging the table

[dharma]

friday , supposedly the cbs are to meet to discuss gold w/several european countries unable to pay their debts, i wonder if they will be forced to sell their gold remember back in 99-01 when england, canada et al sold their gold , cementing the bottom i wonder if a similar thing is about to happen just thinking out loud generally speaking cbs are not the sharpest knife in the drawer dharma not w/o precedent they forced cyprus to sell their gold! who bought it ????hmmm ....................

Edited by dharma, 15 April 2015 - 02:29 PM.

[dharma]

ever wonder how the medicis managed to stay in power for a couple of hundred years? well 2 popes for relatives surely helped, but they also had a policy to never lend to sovereigns!
now this is interesting
http://www.zerohedge...ord-desai-warns
dharma

[dharma]

not sure that 1180 doesnt get tested bradleys on the 22 and 27 still in a seasonal rising period dharma after almost 4 years of beatings, its no wonder no one is pounding the table. summer is the weak time for gold

[johngeorge]

Hi dharma I am short PM miners via JDST now, however, will not sell core positions in AEM and NGD. Just hanging onto them through thick and thin. I firmly believe I will be rewarded in those stocks in the fulness of time. I sold MUX some time back. One of the last stocks I thought would be having issues. Just goes to show ya! Thanks for the thread. I don't miss one of your posts and haven't for oh so many years now.

[dharma]

thanks jg those appear to be 2 well run companies well if the eu dumps dollars, it places the buck on tenuous ground for being the world currency its tough to trade in here, having more than a very short term horizon. so many situations are @the tipping point. "sell in may and go away" these next couple of months should provide us w/a directional change in markets. i do see the wealthy bidding up fine art etc. tangibles will be the name of the game dharma

[johngeorge]

dharma

"i do see the wealthy bidding up fine art etc. tangibles will be the name of the game". Richard Russell mentions that same thing in a recent interview with KWN: http://kingworldnews...dwide-collapse/

Makes sense to me that tangibles would be the items to own while lightening up on currency even though the dollar continues to hold sway. That makes for a tough row to hoe for gold moving higher. I have recently seen a call for 120 on the dollar index which may or may not occur. In the event it does I believe it would be a back up the truck opportunity to purchase gold and/or pm miners. All fiat will succumb to deterioration leaving tangibles as stores of value. CRB is still in bearish mode so, as you have mentioned, there is work to be done. Patience is a virtue and will reward those who embrace it.

"well if the eu dumps dollars, it places the buck on tenuous ground for being the world currency" The article you recently referred to about the SDR with gold as a component certainly bears watching. I feel certain that the dollar will be replaced by SDR's for international commerce and our dollar will be used only here in the States. That will be a cause for far less prosperity for us.

Edited by johngeorge, 17 April 2015 - 01:06 PM.