Thanks for the info news! I gave you a thumbs up!
I just added some to the stack...@3.80
I didn't mention anything about Zion etc...Just following newscentrals comment up. You can spin it whichever way you want.
"Until 5 May 2004, the price of gold was fixed twice a day, at 10.30 am and 3.00 pm, at the premises of N M Rothschild by the world's main Bullion Houses - Deutsche Bank, HSBC, ScotiaMocatta and Société Générale. Informally, gold fixing provides a recognized rate that is used as a benchmark for pricing the majority of gold products and derivatives throughout the world's markets. Every day at 10.30 and 15.00 local time, five representatives of investment banks meet in a small room at Rothschild's London headquarters on St Swithin's Lane. In the centre is the chairperson, who was by tradition appointed by the Rothschild bank. The bank itself has largely withdrawn from the trading. Gold fixing now takes place by telephone conference and the chairmanship rotates annually"
zero is the bottom...
"Whoever controls the world gold market controls the worlds monetary and currency systems as a whole."
Would that not be the Rothschilds?
I feel your pain fellas! I have shares throughout the sector at various prices and all of them in the red currently. I will be buying EXK and likely another stock to add to the multiple lots I already have...waiting for a move in the opposite direction obviously. I also get physical when I can.
Good luck to all of us!
Sentiment: Strong Buy
It is not a given...What is? You can spin it anyway you want. All of us can. However, based on the Special Drawing Rights (SDR), which is the current World Currency system, Japanese Yen and Euro move inverse to the US dollar (Euro affecting it more based on percentages of SDR value). Gold and Dollar can rise together for awhile, maybe 25 percent of the overall time, but generally speaking we need a weaker dollar for gold to rise in price. Time will tell and I am running out of time.
Sentiment: Strong Buy
Things were fine for awhile, but this guy just resurfaces. It is pretty obvious with every post I make. I maybe losing value in all my accounts, but I know who you are and you have become pathetic. I imagine all the thumbs down for me make you feel better about yourself. Maybe you want me to say I will quit posting? Just for you?
Sentiment: Strong Buy
Being so bullish on PM's for fundamental reasons, I used to say $1500 AU would be the sign. That sign is gone. Now we sit below $1400 AU and $23 AG as I type. We heading for $1000 AU and...$20 AG next? I have been watching for the higher lows and we could still obtain that based on the previous drop(s), but where? Or will it happen? What do you say?
Sentiment: Buy
Rumors flying around about China becoming the New World currency and having that backed by gold. These are all theories it seems and at best it is all a matter of time. The masters of the universe don't divulge their secrets as easy as some conspiracy theorists and/or gold bugs would think... All I can do is watch the chart for AU/AG, hold onto what I got and buy more of everything when I can. Sucks to be me sometimes...Vampires they are!
Sentiment: Strong Buy
Still looking for that firm bottom...Will this area hold? I dunno.
It's getting ugly...all I got is hope at this point.
Ha ha!
BOOM! RU ready? What's your story, Jack?
Agreed Abe. I have some cash ready to deploy for adding into this or EXK. I am looking for the bottom to firm up right after the drop today. Just looking for higher lows etc. Let's see if the close around 1429 holds...(1425 ish)
I think it is how you presented everything Chico. Respect is earned, not given.
All I can do is wait and just buy more when I can at this point.
Why would that be odd? They are selling at a major discount right now! Shopping at Walmarts and Flea markets all the time Chico, you should know about discounts. I didn't have any problem acquiring them when the price was higher. $34 an ounce? It has fallen a lot more than that!
We can't post links anymore. It is all blogging, but good luck on whatever it is that you are trying to accomplish besides making.
Could be...I agree that I will not part with ANY shares here for less than $15. I need to buy some more here also. I do have many shares at different prices already.
Sentiment: Buy