Realcent.org

68Camaro wrote:Looks like the working of the market at the $20/$1250 level is going to continue to cycle. I'm not quite ready to start cycling myself in paper to follow their antics but it's starting me to consider it again.

68Camaro wrote:Looks like the working of the market at the $20/$1250 level is going to continue to cycle. I'm not quite ready to start cycling myself in paper to follow their antics but it's starting me to consider it again.

neilgin1 wrote:<snip> little grey men, all "sons of Alexander Hamilton" are ruining this country!

InfleXion wrote:To me you can't put a price on freedom, and that's what metals provide; freedom from the hidden tax of inflation, from being at the mercy of financial institutions to access things you supposedly own, from counter party risk, and from the systemic risk of a fundamentally flawed and corrupt (lawless for those who can afford it) system which will have no sting for those of us who are prepared. I don't care what the paper price says, I'm not selling my safety net out of fear or greed. Those feelings are what motivates the herd, and you can't stay ahead of the curve by giving into them. I am lucky because (let's face it, we can't really choose our desires, merely how we act upon them) my motivation is and has been security, and nothing that happens can change the intrinsic properites of metals that attracted me to them.

theo wrote:

InfleXion wrote:To me you can't put a price on freedom, and that's what metals provide; freedom from the hidden tax of inflation, from being at the mercy of financial institutions to access things you supposedly own, from counter party risk, and from the systemic risk of a fundamentally flawed and corrupt (lawless for those who can afford it) system which will have no sting for those of us who are prepared. I don't care what the paper price says, I'm not selling my safety net out of fear or greed. Those feelings are what motivates the herd, and you can't stay ahead of the curve by giving into them. I am lucky because (let's face it, we can't really choose our desires, merely how we act upon them) my motivation is and has been security, and nothing that happens can change the intrinsic properites of metals that attracted me to them.

Well said sir!

The value of the dollar is supported (and inflated) by the whims of corrupt men. The value of PMs is backed by nature itself.

theo wrote:Some lite reading while we wait . . .

http://www.zerohedge.com/news/2014-01-0 ... -statistic

On December 31st, 1964, the Dow Jones Industrial Average stood at 874. On December 31st, 1981, it stood at 875. In Buffett’s words, “I’m known as a long term investor and a patient guy, but that is not my idea of a big move.”. . . .

So how you feel about asset allocation this year should largely be a function of how you feel about interest rates.

And if you fear that interest rates are more likely to rise– triggered, perhaps, by a combination of Fed tapering and general weariness / revulsion at the manipulation of so many financial assets– then you should perhaps question your commitment to western equity markets as well as to bonds.

As Buffett wrote in a 1999 article in Fortune magazine, “Secular equity bull markets occur when long-term rates are dropping… and secular bears occur when rates are rising.” This is hardly rocket science.. . .

Why do we continue to keep the faith with gold (and silver)? We can encapsulate the argument in one statistic.

Last year, the US Federal Reserve enjoyed its 100th anniversary, having been founded in a blaze of secrecy in 1913. By 2007, the Fed’s balance sheet had grown to $800 billion.

Under its current QE programme (which may or may not get tapered according to the Fed’s current intentions), the Fed is printing $1 trillion a year.

To put it another way, the Fed is printing roughly 100 years’ worth of money every 12 months. (Now that’s inflation.)

Conjuring up a similar amount of gold from thin air is not so easy.

theo wrote:The value of the dollar is supported (and inflated) by the whims of corrupt men. The value of PMs is backed by nature itself.

Mossy wrote:

theo wrote:The value of the dollar is supported (and inflated) by the whims of corrupt men. The value of PMs is backed by nature itself.

Not so. Spot is determined by paper PM, and there are no limits to what is printed, and even less oversight than the FRN.

OTOH, Paper and physical has to seperate some day. Physical will sky rocket, paper will crash. Including, IMO, the FRN and most other world currencies.

There are many very intellegent and powerful people trying to patch things together enough to get by "just one more day".

slickeast wrote:They are making the price go up and down so much even Hiroyuki Suzuki is starting to take notice.

beauanderos wrote:

slickeast wrote:They are making the price go up and down so much even Hiroyuki Suzuki is starting to take notice.

they're just trying to get people to throw up their hands in frustration and leave metals for the stock market. Thus far, we're just throwing up.

Mossy wrote:

beauanderos wrote:

slickeast wrote:They are making the price go up and down so much even Hiroyuki Suzuki is starting to take notice.

they're just trying to get people to throw up their hands in frustration and leave metals for the stock market. Thus far, we're just throwing up.

Need a thumbs up.

Engineer wrote:

Do I get a prize?

dae2dae wrote:

Engineer wrote:

Do I get a prize?

Open your mouth and close your eyes

Engineer wrote:

dae2dae wrote:

Engineer wrote:

Do I get a prize?

Open your mouth and close your eyes

I still haven't gotten the taste out of my mouth from last time.

dae2dae wrote:Mrs. Engineer said she would gladly help slap the taste out of your mouth