tag:blogger.com,1999:blog-7982981413278241287.post3466354586261063774..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Long Weekend Ahead For Those Short BullionDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-7982981413278241287.post-22719749650181001512011-05-29T12:48:53.346-06:002011-05-29T12:48:53.346-06:00Thanks, Dave!
You have a great site, and are very...Thanks, Dave!<br /><br />You have a great site, and are very generous with your considerable expertise. You're helping a lot of people weather this Financial Hurricane.<br /><br />All the best!<br /><br />From:<br /><br />"Newman in Minneapolis" ;^)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-78331658483356066332011-05-29T08:12:45.414-06:002011-05-29T08:12:45.414-06:00Let me add this: we may end up in a totalitarian ...Let me add this: we may end up in a totalitarian system and be engaged in widespread global conflict before my target of $30k-40k is something we can ever enjoy for being right. And the dollar will be completely useless.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-34650781862298901462011-05-29T08:08:52.182-06:002011-05-29T08:08:52.182-06:00jh, i posted this in comment section Wed - i was c...jh, i posted this in comment section Wed - i was cajoled into doing it LOL:<br /><br />re: gold target and timeframe. my calls for what will happen as this unfolds are always several years early. I thought we would be where we are now in 2005. i do think the process is accelerating.<br /><br />Let's just say I think gold could easily hit $10,000 within the next 3-5 years. The ultimate target will depend on what price it needs to revalued to in order for the China/China et al. to create gold/silver-backed currency.<br /><br />I like $30,000, but if the U.S. were monetize all of its obligations, on and off-balance sheet plus known entitlement commitments, the gold it supposedly owns - 8100 tonnes - would have to be reval'd up to around $40k. <br /><br />The upside is probably more of a moving target than the timeframe....Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-75906797513865485552011-05-28T16:24:11.995-06:002011-05-28T16:24:11.995-06:00Dave--
I can understand why you don't want to...Dave--<br /><br />I can understand why you don't want to reveal your ultimate target for gold. It looks like Jim Sinclair recently did that though. <br /><br />In recent posts, he outlined "the formula" he used in 1974 to predict that gold would hit $900 at the top of the 70s bull (came close enough for me). After outlining that formula, he challenged his readers to put it to work and come back with an estimate for the top of this gold bull. <br /><br />The answer that he said was correct: $13,664/oz. Sinclair says this is the price "where gold wants to go."<br /><br />ALL THE BEST TO YOU & EVERYONE HERE.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-24795709327076461812011-05-28T11:39:48.531-06:002011-05-28T11:39:48.531-06:00Listen...
The Last Nail - Floor Speech May 25 201...Listen...<br /><br />The Last Nail - Floor Speech May 25 2011<br /><br />The Last Nail The last nail is being driven into the coffin of the American Republic. Yet, Congress remains in total denial as our liberties are rapidly fading before our eyes. The process is propelled by unwarranted fear and ignorance as to the true meaning of liberty. It is driven by economic myths, fallacies and irrational good intentions. The rule of law is constantly rejected and authoritarian answers are offered as panaceas for all our problems. Runaway welfarism is used to benefit the rich at the expense of the middle class. Who would have ever thought that the current generation and Congress would stand idly by and watch such a rapid disintegration of the American Republic? Characteristic of this epic event is the casual acceptance by the people and political leaders of the unitary presidency, which is equivalent to granting dictatorial powers to the President.<br /><br />http://www.youtube.com/watch?v=-olNr4UuVqY&feature=player_embeddedAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-85326116435778568392011-05-28T11:12:30.596-06:002011-05-28T11:12:30.596-06:00Yeah ...now I understand why my grandfather lost h...Yeah ...now I understand why my grandfather lost his leg and brother in the war...so scumbags like these could enjoy their lives...? <br /><br />More Political Capture: Goldman Hires Top Republican Fed Transparency Foe; Spends More Time With SEC Than Any Other Bank<br /><br />http://www.zerohedge.com/node/394554?<br /><br />In the wake of the financial crisis, which has been partly blamed on<br />the excesses of Wall Street banks such as Goldman, Gregg was an<br />outspoken critic of the Obama administration's effort to tighten<br />oversight of the financial industry. He was also a defender of Goldman<br />during the heated congressional debate over the $700 billion bank<br />bailout.<br /><br />Early last year, Gregg said that Democrats were overreacting to civil<br />charges filed against Goldman for securities fraud by using the<br />indictment to push regulatory reform. He noted at the time that the<br />allegations had not yet been proven in court.<br /><br />"It's really disingenuous for some people to pursue regulatory reform<br />based off this one instance," the retired senator said on MSNBC. "This<br />is a single event, we don't even know what the outcome will be."<br /><br />http://www.huffingtonpost.com/2011/05/27/judd-gregg-hired-by-goldm_n_868282.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-5103426056671211602011-05-28T08:06:04.252-06:002011-05-28T08:06:04.252-06:00Lol Marco. Grazie per le vostri parole gentili. ...Lol Marco. Grazie per le vostri parole gentili. Ho imparato che quello dalla mia insegnante di l'italiano!Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-21705463320214005732011-05-28T07:59:41.589-06:002011-05-28T07:59:41.589-06:00Geez GYC - that sounds like a total cholesteral ex...Geez GYC - that sounds like a total cholesteral explosion! Let me know when the pics are posted.<br /><br />I found a deli in downtown Denver that has H&H Bagels flown in every day plus they have a pizza place that has the best pizza in Denver. It's as close to NYC 'za as anything I've had here!Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-49926921560308915532011-05-27T17:45:48.493-06:002011-05-27T17:45:48.493-06:00This is how it starts. When the UN pull out we ar...This is how it starts. When the UN pull out we are 30 days away from an Israeli invasion. Put your golden helmets on. Anyone going short after the UN pullout is going to suffer a religious experience.<br /><br />Deadly blast hits UN convoy in Lebanon <br />Fri May 27, 2011 3:24PM <br />Italian peacekeepers, serving with the UN Interim Force in Lebanon <br />At least one person has been killed and four others wounded in a roadside bomb explosion targeting a UN peacekeeping patrol south of Lebanon. <br /><br /><br />Lebanese security sources say the blast occurred as an Italian patrol in the UN Interim Force in Lebanon (UNIFIL) was on a highway leading to the coastal city of Sidon on Friday. <br /><br />An Italian peacekeeper was killed in the blast while one of those wounded is in critical condition, Italy's ANSA news agency reported, citing defense ministry sources. <br /><br />The multinational force, which is tasked with monitoring Lebanon's border with Israel, has yet to comment. <br /><br />UNIFIL currently has 13,000 troops stationed in south Lebanon, with Italy holding the largest contingent. <br /><br />The last attack against UNIFIL troops was in January 2008, when a roadside bomb struck a UN vehicle traveling along the coastal highway south of Beirut. Two peacekeepers were wounded in the blast. <br /><br />The deadliest attack against UNIFIL was in June 2007, when six Spanish peacekeepers were killed after a bomb hit their convoy near the Israeli border.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-10299040713136625622011-05-27T15:52:09.843-06:002011-05-27T15:52:09.843-06:00Ahahahah you really know italian very well if you ...Ahahahah you really know italian very well if you know what "ponte" means !!! Ciao e buon ponte a te !<br /><br />MarcoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-75889952117413817122011-05-27T15:10:34.713-06:002011-05-27T15:10:34.713-06:00Have a great weekend Dave! I am doing MOINKs tomo...Have a great weekend Dave! I am doing MOINKs tomorrow (meatballs wrapped in bacon then smoked.)EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-18680416539185509722011-05-27T14:05:51.757-06:002011-05-27T14:05:51.757-06:00Think about how you can overlay this story to what...Think about how you can overlay this story to what happened in the US....remind you of anything...then think about gold!<br /><br />Okay, Enough: Stop Feeling Sorry for Misha Khodorkovsky<br /><br />But Khodorkovsky didn't do much to add cash to the state's coffers, because he got the money to buy Yukos from ... the Russian government! In those days the Russian Central Bank farmed out some of its operations to private banks. <br /><br />Even better, Khodorkosky got his buddies in the Yeltsin administration to allow Menatep to administer the Yukos auction; it naturally excluded its rivals from bidding on the stake, making the Yukos auction a one-horse race.<br /><br />Thus Khodorkovsky not only got his stake in Yukos with other peoples' money, he did so through a rigged auction that left him bidding on one of the biggest companies in the world with no rivals, for a ridiculously low price.<br /><br />http://www.rollingstone.com/politics/blogs/taibblog/okay-enough-stop-feeling-sorry-for-misha-khodorkovsky-20110524<br /><br /><br />man...it gives you chills!Anonymousnoreply@blogger.com