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- pounce replied Dec 14, 2009
Yes, right. But that shows ~9,000 tons and is valued at $300bn, nowhere near enough to pay off the debt.
- pounce replied Dec 14, 2009
Wow, is that so? Where's the link?
- pounce replied Dec 9, 2009
Everything is on hindsight. Gold up x% since 20## - what do you think that is? Hindsight. House prices down y% since 200# - what do you think that is? Hindsight. Just to clarify. Gold might be the future. I am not saying it isn't. All I am saying is ...
- pounce replied Dec 9, 2009
"The Standard & Poor’s 500 stock index produced a 22-fold return with dividends reinvested, Treasuries rose 11-fold and cash in the average U.S. checking account rose at least 92 percent." There is no debt in gold/commodities! I guess you are ...
- pounce replied Dec 9, 2009
President Richard Nixon to eliminate the fixed gold price in........ I am not trying to say it, I have said what I am going to repeat again. * On a 50 year time-scale, gold looks awful. Not many know/care. * The recent 2 year gold bull-market is not ...
- pounce replied Dec 8, 2009
Couple of points to note. 1. The gold standard was undone in the 70s by Nixon and not after WWII. 2. Gold has risen against all currencies, not just the greenback. 3. Every country has debt. Many have a whole lot more than the USA as a percentage of ...
- pounce replied Dec 8, 2009
Ofcourse, that is the point. Everyone and his, know that last year was a great year for gold, and that is not news. We have to look at a 5, 10, 15, 20, 25 or 30 year frame. And on the 30 year frame, it sucks. Not for Mr. Buffet this. Just imagine ...
- pounce replied Dec 7, 2009
The Standard & Poor’s 500 stock index produced a 22-fold return with dividends reinvested, Treasuries rose 11-fold and cash in the average U.S. checking account rose at least 92 percent. On an inflation-adjusted basis, gold investors are still 79 ...
- pounce replied Dec 4, 2009
Backed by gold — What does this really mean? Think about it. There are some $600 billion in circulation, the GDP is $14 trillion and gold in priced in $. Are you saying that the $600 billion in notes that the FED has printed should correspond ...
- pounce replied Oct 28, 2009
No. I wouldn't touch anything right now. It's silly season until the GDP comes out. Look at the motherfuckers in Goldman and other slimy outfits - they are confused, spewing rubbish that jeapordizes their longs and their shorts.
- pounce replied Oct 28, 2009
Based on the ZAR, gold should be under $1,000 pretty soon. Or the ZAR should strengthen by about 4% to about 7.4
- pounce replied Oct 25, 2009
In my view, China buys gold is a story the bulls have created. These days anything with a China angle sells and that's what the bulls are exploiting. China is as far from transparent as can be in this regard. In fact, if they were to shift their USD ...
- Posts by Member Search: 'pounce'