Topic: Just commodities

[charlesoakwood]

Gold Over Bacon; Jay Taylor
That's racist~!  

Danieala Cambone and Jay Taylor discuss gold paper v gold metal and
folks not yet realizing gold is money.  And, (re: mining cos) if you don't understand mining cos or don't have the time to do their homework;
a mutual fund.           [Vanguard]

[Libertas]

The "com" is missing from your link CO.

Gold futures -

http://www.finviz.com/futures_charts.ashx?t=GC&p=d1

Gold stocks, two big boys -

http://www.finviz.com/quote.ashx?t=FCX

http://www.finviz.com/quote.ashx?t=ABX

The two players he mentioned -

http://www.finviz.com/quote.ashx?t=EMXX

http://www.finviz.com/quote.ashx?t=SAND

Sandstorm has been going stratospheric.

I am 100% into commodities driven investments - gold stocks, gold mutual funds (my whole 401k), gold & silver ETFs, and oil (XOM).  Plus my own physical holdings that were umm lost in a boating accident.

[charlesoakwood]

Thanks, it's fixed.

A small reprise: 
                          Gold Over Bacon; Jay Taylor
                     That's racist~!   

[charlesoakwood]

I'm sucha fuddy duddy and I so belive that 79/80 chart
that I'm looking at this VGENX after "peak" exit.

[Libertas]

It's kinda dicey now, oil related stocks are near previous highs, last time I hung on too long and missed cashing out at the top, but I didn't mind cause I knew under the disasterous Obongo Regime it would climb back (plus XOM pays good dividends), this time though if Romney gets in we could see more intelligent energy policies and less ctrl-p out of the Fed so a return to the mid-range is likely in store, barring a blow up in the Middle East, so I will be bailing pretty soon.

[charlesoakwood]

LNG, too much fracking and not enough regulation?  Royal Dutch Shell has the answer almost two hundred miles offshore.




And here.

[Libertas]

Heh, 25 years at sea is a long time!

But I like the aggressive innovation.  No doubt governments the world over are eager to come up with new and interesting ways to tax and regulate it into obsolescence...

[charlesoakwood]

RDS must have a wealth of archived history, as we proceed into this upside down world they may be one of the better equipped companies to deal with the new world order.  They may even help to put it in its place.

 

[Libertas]

Perhaps the best way to deal with the NWO types is to place them all on a vessel of this type and light a match.  Sacrifices have to be made.

[Pandora]

Yup.  And now we can add Bob Costas to the passenger list.

[Libertas]

And we can add Michael Wilbon to the list!

PS - OK, who really did have the boating accident?!

http://www.theblaze.com/stories/police-baffled-11-5m-in-gold-bars-burgled-in-bold-boat-heist/

Nice haul.

[charlesoakwood]

Another Dutch island failure.  I like the boat.

***

No one knows how it's going to come down but we all know it will be dramatically different; ten percent in is a minimum.         

http://www.zerohedge.com/news/2012-12-18/guest-post-goons-versus-gold

[QB Asset Management] QB’s team goes on to calculate a ‘shadow gold price’ using the Bretton Woods monetary calculation for valuing the fixed exchange rate linking gold to the US dollar: Base Money divided by US official gold holdings… indicating a shadow gold price of over $10,000 today.

"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
                                                                         _ William Arthur Ward

[Weisshaupt]

"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
                                                                         _ William Arthur Ward

SO which are you now Charles?

[charlesoakwood]

I can't figure out the wind in order to correctly adjust my sails and I'm not an optimist therefor I must be a pessimist.  But that doesn't stop me from reassessing the winds and readjusting the lines.

[Libertas]

I can't figure out the wind in order to correctly adjust my sails and I'm not an optimist therefor I must be a pessimist.  But that doesn't stop me from reassessing the winds and readjusting the lines.

Sounds like a struggling realist!  Aye, there's a lot of those about!   

[Libertas]

Usually the morning beatdown of gold happens around 8:30, but the recent and more significant beatings have been taking place earlier and now we know at least one culprit - MS and their liquidations!

http://www.zerohedge.com/news/2012-12-19/morgan-stanley-redeems-paulson-investments-explanation-recent-gold-liquidation

It's almost nice to see a real reason for the plunge instead of the usual faceless bots going about their manipulative lives on behalf of their HFT masters...

[Libertas]

Oh, and right about the time I get an itching to hoard some more silver, alongs comes a GoldCore report that silver will jump 29% in 2013.  It is beat down to 31.13 this Am so that prediction has it hitting just over $40, which seems a modest increase.  It seems it should be more, but given the manipulations PMs are subject to in both the commodity markets and ETFs, it is probably a reasonable expectation.  Besides, the pullback looks attractive for another round of purchasing, so Hi Ho Silver!

http://www.zerohedge.com/news/2012-12-20/silver-gain-29-2013-analysts-traders-and-investors

[charlesoakwood]

Just when you think the market couldn't be more rigged:

   

  To "The Precious Metal Purchasing Act" From Executive Order 6102 - Santelli's Take

"First they want gun registration and now precious metal registration?"

[Libertas]

Fricken IL is the Mos Esiley of planet Earth!  Scum and villany run the place...fricken low-life gutter-trash demonrats!

 

 

[Libertas]

It has begun.

Bundesbank repatriating gold

When one central bank feels the need to bring some of their physical holding home, one cannot escape the fact that a level of trust has diminished, I do not see it as an outright panic as they are hedging by leaving a substantial portion behind, but when the big boys get nervous about physical holdings we all ought to take notice that a fundamental shift in outlook has just ocurred.

 

Acquire...boating accident...repeat.

Oh, and golding holdings in perspective (following the links to blow them up makes it easier to see) and derivatives in perspective...the world of reality vs the world of fantasy -

Gold vs Derivatives