Author Topic: Just commodities  (Read 134178 times)

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charlesoakwood

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Re: Just commodities
« Reply #100 on: August 03, 2011, 09:25:29 AM »

Bid/Ask    1669.20 -    1670.20

Comex Gold Powers to Another Record High; Bulls Now Eyeing $1,700.00 - Kitco News, Aug 3 2011 8:13AM
Gold Prices Spike as Recession Worries Spread - The Street, Aug 3 2011 9:08AM
UPDATE 2-Emerging world buys $10 bln in gold as West wobbles - Reuters, Aug 3 2011 8:23AM

Offline Libertas

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Re: Just commodities
« Reply #101 on: August 03, 2011, 11:20:32 AM »
That last point is a real stinker ain't it?

Telling America they are not impressed!

Can't say I blame them, but it is all thanks to the desire of morons to follow Obama down the drain...

 ::)
We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: Just commodities
« Reply #102 on: August 08, 2011, 05:56:23 PM »

http://www.kitco.com/reports/KitcoNews20110808JW_pm.html

Aug 08, 2011 18:46 NY Time   Bid/Ask    1722.30 - 1723.30

2:12 p.m
The precious yellow metal saw strong safe-haven investment demand after the U.S. got a credit downgrade late Friday and as the European Union attempts to contain its own escalating debt crisis.


Offline Libertas

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Re: Just commodities
« Reply #103 on: August 09, 2011, 06:58:52 AM »
Can you take me higher?

Yeah baby! 

Betting on destruction makes it easy, and there ain't nuthin' more destructive than The Regime!
We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: Just commodities
« Reply #104 on: August 18, 2011, 06:06:15 PM »

Sold American!  1823.22.


Offline rickl

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Re: Just commodities
« Reply #105 on: August 18, 2011, 06:34:56 PM »
I sure ain't buying now.
We are so far past and beyond the “long train of abuses and usurpations” that the Colonists and Founders experienced and which necessitated the Revolutionary War that they aren’t even visible in the rear-view mirror.
~ Ann Barnhardt

Offline Libertas

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Re: Just commodities
« Reply #106 on: August 22, 2011, 07:39:16 AM »
I bought more silver when it was below 40, no way in hell is that not going up more.

Gold is a solid hold.

Up up and away...and the next round of QE hasn't even kicked in yet...
We are now where The Founders were when they faced despotism.

Online ToddF

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Re: Just commodities
« Reply #107 on: August 22, 2011, 07:48:02 AM »
It's really getting hard to hang on, considering I bought all mine in the 90's.

charlesoakwood

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Re: Just commodities
« Reply #108 on: August 22, 2011, 10:20:46 AM »

Offline Libertas

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Re: Just commodities
« Reply #109 on: August 22, 2011, 11:03:07 AM »
It's really getting hard to hang on, considering I bought all mine in the 90's.

I hear ya.  If you have needs to address that would be taken care of with some liquidation of position the temptation must be palpable.
We are now where The Founders were when they faced despotism.

Offline Libertas

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Re: Just commodities
« Reply #110 on: August 23, 2011, 06:59:38 AM »
A breather, then, off we go again...seems to fit the pattern.

http://www.zerohedge.com/news/gold-soars-trading-reopens-hits-88-away-2000
We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: Just commodities
« Reply #111 on: August 23, 2011, 07:16:24 PM »
Saudi Press Agency   [blockquote]
Quote
Berlin, ...A leading member of Chancellor Angela Merkel's
government called Tuesday for cash-strapped eurozone members to use
their gold reserves as collateral for any future bailouts, according to dpa.

Labour Minister Ursula von der Leyen said in the future that money
from the European Union-led rescue fund should only be paid out when
the states receiving the assistance provided collateral.

Von der Leyen believes that the gold reserves and industrial
holdings held by many nations could be used as collateral for loans,
according to information from German public television. ...
...

[/blockquote]

 ::hysterical::
                                                                                                      
                                                                                      

                                                                                           ::pimp::


Offline Libertas

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Re: Just commodities
« Reply #112 on: August 24, 2011, 06:35:45 AM »
If they were cash-strapped...

Oh, never mind!

 ::unknowncomic::

In other news - More margin hits for gold driving prices down, this time in Shanghai, with action on silver lurking...

http://www.zerohedge.com/news/precious-metal-margin-warfare-jumps-pacific-shanghai-hikes-gold-margins-second-time-month-prepa

That's fine with me, hit your customers, dump holdings to cover, silver dips below $40 and I'll buy more thank you very much!
We are now where The Founders were when they faced despotism.

Offline Libertas

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Re: Just commodities
« Reply #113 on: August 24, 2011, 02:27:15 PM »
I bought some more silver today after it dipped to the low 39's.
We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: Just commodities
« Reply #114 on: August 24, 2011, 03:29:28 PM »

My friend, you are a true believer.  I'm in hold or sell mode. 
Although, all things considered, 2200 being the peak in the 80s and this run being worse it could go to 3 before it falls.


Offline Libertas

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Re: Just commodities
« Reply #115 on: August 24, 2011, 08:24:31 PM »
Betting on stupid to continue seems the only logical play.  I'm not fearful of bubble scares, it would require a return to sane policies and something better to invest in for that fear to be true. Hell. I'd go in top end commercial paper before anything else, it's the only other thing holding up right now.

ETA - Oh, and currency plays against the fiat currency too of course!
We are now where The Founders were when they faced despotism.

Offline Damn_Lucky

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Re: Just commodities
« Reply #116 on: August 24, 2011, 08:32:29 PM »
Have Food Will Barter! ::cool::
A nation of sheep will beget a government of wolves - Edward R. Murrow

Offline Libertas

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Re: Just commodities
« Reply #117 on: August 24, 2011, 08:50:55 PM »
Yep, good call, can't forget about any barter items!

 ;)
We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: Just commodities
« Reply #118 on: August 24, 2011, 10:06:54 PM »
ZeroHedge prescience
and if marketmakers keep this up
they are going to be played. IMHO

[blockquote]
Quote

CME Next

Thu Aug 25, 2011 12:12am GMT
... while a margin hike in COMEX gold may further weigh on sentiment.

[/blockquote]


Online ToddF

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Re: Just commodities
« Reply #119 on: August 26, 2011, 07:12:25 AM »
I thought oil was dropping, but locally SuperAmerica/Speedway declared it gouge day, and all the lemmings have followed them (as they do in all markets controlled by this chain) so let's see...

WTI - $84.65
Gas - $2.96, + 55c or so for taxes shipping  = $3.51...which is why SA is gouging $3.859   ::rockets::
Copper - $4.14
Gold $1,793.50 (that plunge lasted a long time...  ::))
Silver $41.19