Gold-Backed ETF Enters Fray in U.S.

Tom: If you would like to have a debate about 9-11 or any other conspiracy I would love to have a civilized conversation with you. I must warn you that I debated to pay for collage, and was pretty good at it. While I will admit that most 4th graders can spell and write better than I can. I think I make due with what God gave me as far as being able to express ideas and think critically. Dyslexia is a Witch with a B and you got to play the hand your dealt.>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Yes Sir..you do quite well indeed. I would love to have a civilized friendly debate with you. I would love to discuss actual facts without the usual automatic non thinking responses who does think critically and express their ideas as well as you do. I mean that. I have so many points that I think are impossible to dismiss, any one by themselves, let alone collectively. I may not be able to come up with the exact scenario of everything that happened that day, (although I have some possible explanations), but I can guarantee you that I can prove that the fables told to us that day were indeed just that. The proof of that is endless. So, assuming I'm not kicked out of here, 24 hours from now or sooner, I'll take you up on that. I'm sure that won't be allowed here maybe you could post an email address that I could access after I'm kicked out so we could set something up? Fortunately one doesn't have to be a member to read the posts. A rational debate or explanation of the endless "inconsistencies" is all I can ask. I just hope you are what you represent yourself to be (no disrespect) and not some disinformation tool but I guess I'll have my answer to that soon enough. Good day Sir.

 

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http://seekingalpha.com/article/161231-who-will-claim-victory-with-gold-and-silver?source=yahooIn silver, the bullion banks went short another 8,345 contracts or 41.73 million ounces. That's more silver than the entire U.S. mining industry will produce in one year! As of Tuesday's cut-off, the bullion banks (4 or less) are now net short 56,401 contracts or 282.0 million ounces of silver.
See the chart here.
These same (4 or less) bullion banks went massively short gold last week as well. The net gold short position by the bullion banks increased by an eye popping 54,089 contracts! That's 5.4 million ounces of gold that the banks shorted in just one week!
See the chart here.
These overly massive short positions in the silver and gold markets by the bullion banks will be resolved by only two possible outcomes. Either the bullion banks manipulate a decline in prices to cover their shorts, or they get steam rolled by more and more buyers showing up and they are forced to withdraw from the market.
If the latter occurs there will be no shorts against all the new longs that will pile into the market, and we will have an historic rise in prices for both silver and gold. If the former scenario plays out we will have lower prices for both metals which will shake out the speculators, with the bail out money behind the banks this could be a distinct possibility.
Be ready for either outcome. This next week in the silver and gold markets is shaping up to be a humdinger!

 

If ya'll want to have such a debate, make SURE you take it to the PRWE forum.

Speedy

 

I've just become aware of these issues the past couple of weeks from the nice people of CT. There seems to be three schools of thought of how things will unwind...

1. Increasing PM demand forces the Shorts to cover their positions, leading to massive PM price surges.

2. The major short players decide they can't pay and walk away from their positions, causing a collapse of the COMEX.

3. Price manipulation continues until things calm down and the shorts can extricate themselves from their positions.


I'm just trying to summarize what I've been reading so far. Please correct anything you see that's amiss.

Why do you supposed this isn't being discussed in the media? If it has, I haven't seen it.

 

china can handily absorb those short selling. 1.3 billion people were hungry for gold. let's said just one person owning two ounces of gold. that is 2.6 billion ounces of gold.

 

Chalie Sheen would agree with you Tom.

 

I'd prefer them to buy silver. Lots and lots of silver. Let's hope that Butler is right when he says there is 5 billion ounces of gold above ground and only 1 billion of silver. I'd like to pay off my school loans! Unless someone here would like to for me!

 

Let us know where so we can bring our popcorn! :secret: :eating:

 

If it drops low enough I would like to buy more!

 

RedOakPresoBox: Ever sense I switched over to FFox form IE to take advantage of the spell check it is not letting me put spaces between my post. I will hit enter and put the blank lines in and then it post with out them. I go back and edit and the same thing happens. Very strange! I agree it makes it hard to read

 

Test

This is a test post.


Test Post


Test Post

Edit:
I figured it out. I use a software called no scripts that disables java and flash scripts. It is great for computer safety, but basically brakes the internet. I allowed scripts and it works. Good thing coin talk is virus free!

 

I think you are underestimating the difficulty in beating the market averages. If what you said could be done as easily as you suggest, it would be the professionals doing it first, and most of us would be multi-millionaires. Even your favorite KO is far below its price in the late 90's -- a decade of below zero return which is a long time for most of us and perhaps 25% of the total time you'll have in your life to accumulate wealth. In the end, it becomes a matter of buying and selling at the correct time. I was a long-time holder of BRK -- a stock people hold almost as a religion. In early 2003 I grit my teeth and sold it to reinvest the proceeds into the energy and precious metals sectors with pretty decent results. For everything there is a season, and you are correct that gold is just one more investment tool in the toolbelt. The time will come when the correct action will be to sell gold and silver bullion and reinvest in something as unlikely as, say banks. Even they will have their day in the sun again.

 

Didn't know. Sorry.

 

"most of us would be multi-millionaires"... I thought most where :kewl: maybe you all should work harder! lol


All kidding aside. I hear what your saying. I guess I love to research and study things. So I just try and think of sectors that will do well and hope things work out. A lot of it comes form that I am a hudge news Junkie. I read the news all day every day. Things just come across the board and you got to look at them. Also I know he is a circus clown but pill feene Craymer is a cool dude. I just like the way he thinks. Like the other day when he was talking about the price of natural gas and its corelation to Chemical Companies. That is not something that everyone would know, but the type of thinking is great. Take changes in our matieral world and modle those changes to future perfomrance of securities. It just seems cool to me. Thats why I feel so strongly about Dis. It all just makes sene to me that they will rake in billions more in revenue over the billions they make now. It is also great that china is going to try and sue us in the WTO over this tire thing. The more we get them entraped into international finacle rgulations the more they will have to stop cheating. It is true that the Wto moves slower than a turtle on vicoden, but still it is a postive sign. At least I think. I will admit though that I was indoctrinated into Liberal Peace Theory while in school , but there is a lot of merit to the idea that the more intertwined globale economies are the less likly a major conflict is.

What BRK did you own A or B? A is a pricey beast. Trade my condo for one share

 

It's a nice theory. But immediately prior to World War I, trade among European countries was at an all time historical high. However, it didn't prevent them from destroying each other. The same could be said of the 13 colonies and Great Britain prior to the Revolution. But this is a bullion forum and the topic shouldn't even come up here.

 

Tom: If you would like to have a debate about 9-11 or any other conspiracy I would love to have a civilized conversation with you.


So Blue...how do you want to do this and when? How about I give you points one at a time, then you respond, I'll counter respond and we'll go from there? What do you think? I guess we both could join the "quarantined" forum and try. What say you?

 

Good answer, it seems very logical that increased economic ties would make the cost of war prohibitive, but in practice it does not work that way, I guess the human race does not run on logic like the vulcans do in star trek

 

Cloweds: If this is just a bullion thread why did you decided to critizse what I said then say, but we can not have this discoution. Again the Question. If we are goign to discouse bullion investing how can we exclude discoustions of internatial trade policy and the theorys that guide them?

Chip and Clowed. It is not a good answer. Great Britan and the American Collinies where not equal trade partners. Under Mercinteal trade systems americans could not trade with anyone except britan. So the lack of liberty and trade freedom was a major cause of the conflic. If anything it is a clasic example of how trade blocks cause conflict not an example of why the theory is wrong. Liberal Peace thoery argues that when barriers to trade are destroyed societys become intertwined and forced to work togeather. That is very differnt than one side having 100% control over another sides economy and forcing tarrifs on their goods.

World War I: Think about it like this. Today Europe is a cohecive trade unit under one currancey excluding the brits. They can move and trade as they please. Before WWI they where independent Colonial powers with extrem rivalries. The benifit of one was a net loss for the others. Also WWI was one of the most anticipated wars in history. Militirism and Authoritarian power ruled the day. I am not sure how that disproves my theory. Hear is a great link that explains the concept better.

And A quote form My frinds at the herritiage Foundation

Free trade fosters an enormous chain of economic activity, the benefits of which culminate in a social desire to be at peace with neighboring and even faraway nations with which trade is conducted or might be conducted in the future. When individuals see how beneficial it is to live in an economically free society; when they see how freedom allows them to improve their lives and those of their families; when they can create new businesses, engage in commerce, or work for a decent salary or wage, adding dignity to their lives, they want peace to preserve all these good things.
By contrast, when people live under economic oppression and are at the mercy of a small ruling authority that dictates every aspect of their lives and limits their ability to realize their potential, they resent the life they have and learn to hate better lives elsewhere. If they cannot enjoy the fruits of their efforts and cannot realize their potential; if they cannot feel free to do business, work freely, and trade freely; if they do not have anything to gain or to lose, they begin to feel that any change--even war--might be better. They have no incentive to desire peace with their neighbors.

http://www.heritage.org/research/tradeandeconomicfreedom/bg1761.cfm

Also I got 8 oz of silver bars in today that i payed 100 dollars for. Go Me

 

The debate is on

Hey we started our debate if any would cares to take a look. It is in the politics form

 

I don't think trade policy and theory has much to do with bullion prices. It can be safely ignored in this forum.

You have a good point about the relationship between Great Britain and the Colonies.

You are completely wrong about World War I.

The European Union is an unstable defective model which will self-destruct over time. It isn't a model to follow.

The Heritage Foundation is on the wrong side of history when it comes to their free trade theories.

There is no need to discuss this since it probably isn't appropriate, and I won't reply to you followup so you can have the last word. I just wanted to let you know where I stand.