If you look at your broker statement, you will see a difference between the trade date and settlement date.
Going from memory, which may not be current, for large transactions involving gold held in Comex, I believe it takes two days to clear. Stocks...
I believe the effect may be to reduce the level of PM trading [and other commodities] in the US since the law no longer seems to protect...
I don't know if anybody would have the nerve to try the haircut ploy again. But as you point out, there are many ways to accomplish this if you...
A lot of folks assume that since there is already too much debt to ever be repaid, the most likely solution/outcome will be to inflate it away at...
If the dollar and debt markets "pop," it could just as easily lead to deflation [i.e., default] as inflation. Massive inflation can only occur...
I would just add that if this guy trades frequently, he may just be using his responses to you to clarify his own thinking. I know it helps...
I like that! Mind if I "steal" it?
This is a typical situation. This person is well-schooled in current economic events and thinking, and has a trader mentality. Most people who...
Markets rarely move in a straight line. Various asset classes like real estate, commodities, PMs, stocks, and bonds move into and out of favor...
I would put it another way..,. The gold price has to track the cost of production. I'm not sure a $10K per ounce price would hold in a world...
I agree. The next 50 years will probably net-out to be a lot like the last 50 years for the dollar -- with a gradual but somewhat uneven decline...
Consumers in India have always liked silver. The buying in China is more recent and more of a catch up. I don't think either case rises to the...
As a long time investor in stocks, I'm not so sure about that. A decade ago, stocks looked clearly overpriced. But now I would view the two...
I don't think any Asian nation is gold-based. But they may have the power because of their manufacturing base and high savings rate.
The primary technical support level is around 1600, and the long term trend line is about 1515 so until those levels are broken, I would guess the...
That was exactly what I was going to write, but now I can't. ;) Surely there are better role models for investment advice.
I have no idea why the ASEs were priced that way. I just never like to assume that it was due to stupidity on the part of the seller.
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