investments and the Japan earthquake

As long as people keep in mind the distinction between nonintervention and isolationism, they at least have a chance to understand. But people should be horrified and terrified that the G7 is permitted to make decisions like this that overrule and are not even reviewable by Congress.

 

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So then, what do you hang your hat on? Keeping in mind the distinction between nonintervention and isolationism, as you say, allows me a chance to understand...what exactly? As I asked rhetorically in previous post, what happens when decisions like this are made for less than pure reasons? With my very very limited understanding, (lack of understanding I guess you could say!) of what and how G7 operates, yes, I AM horrified and terrified.. I have read several articles on the net over the last few years on the subject, but overall the info is rather 'quiet', and I imagine most don't know, don't understand, and don't care. It all sounds like a secret society to me!!! (I don't imply that I believe that, it's just so...vague).

 

Palladium will drop as the Japanese slow down the auto manufacturing, to address more important needs. Then supply is higher than demand and the price drops. When this happens they slow down mining to keep the metal price from dropping to too low. Then when the Japanese auto manufactures tool up for production and the demand is greater than the supply. Palladium will move positively and fast. That's what we are waiting for when we buy now as it starts to fall. Is this taking advantage of the plight of the Japanese people, no it's taking advantage of business trends.

 

To answer your question, not as I can see. However, I do not agree with the cause and effects on platinum and palladium that you indicate. For palladium, the high of the last 30 days was 862 on 2/18 and then began a drop to 687 on 3/16. Since then a nice move up to 731 at close. Platinum follows a very similar pattern, high was 1869 on 2/8, fell to 1658 on 3/16 and then a strong up to 1723 at close. Automotive manufacturing of parts has become so worldwide, with catalytic converters being widely manufactured in Korea, India, and China, It is possible that many are looking for an increase in auto manufacturing ( or at least catalytic converters ) now. I have no interest either way on either of these metals, but if I did, I would wait a while to see if the curve up stands before investing, but if one waits too long, they are looking at a lesser profit, so research and decision would be imperative.

Jim

 

All I really know is that with or without this crsis, manipulation of the markets is constant. Look how small company stocks are suddenly purchased to drive prices up then sold short to drive them down. Point is to use the trend but only briefly and never with margins. Getting greedy will bury you. IMHO

 

It's just my opinion, but everyone should be very suspicious of the motives of any and all supranational organizations such as the G7. Freedom is precarious enough trying to control the actions of elected officials. Now we have unelected bodies with almost infinitely more power than Congress "acting in our best interest."

 

And Congress, because they are politicians, could be influenced by G7 with a campaign contribution, a family perk, an auditing reclassification or the old fashion way.

 

Of course, all of those things are illegal, and probably qualify as treason since the entities doing the influencing are non-US. And political adversaries have a lot to gain by leaking the information. So there are built-in controls.

 

talking of japan earthquake?. did you guys donate anything?. to donate an ounce of gold or some scrap silver coins?.

 

Frankly, Japan doesn't need donations. It's a very wealthy, technically advanced country with the second largest economy in the world.

If you're feeling charitable toward foreign countries, give your money to Haiti or another place where the suffering is just as real, but there's nowhere near enough money to ameliorate it.

 

I agree. The money will do more good in Haiti. But it's very difficult to contribute without the money being stolen or wasted. After my initial donation to Haiti, I continue to receive requests for additional money that had to cost more for printing and mailing than my donation. It's depressing to see that happen.