The gold bull is dead, long live the gold bull!

Discussion in 'Gold' started by Acorn, Jun 21, 2013.

  1. Acorn

    Acorn Well-Known Member

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    Acorn, Jun 21, 2013
    #1
  2. Old Codger

    Old Codger Active Member Silver Stacker

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    Acorn,

    May be a strange question, but were you ever a member of a current affairs forum called Newstalkback'?


    OC
     
    Old Codger, Jun 21, 2013
    #2
  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    I've just about given up on the Daily 'bob each way' Reckoning.

    A better explanation is Bernanke is out the door at the end of the year and his successor wants a few more years to deal with bonds, which can't happen with stocks roaring.

    The 'system' has 3 - 10 years left to run before the armageddon reset and low gold tells the world that all is ok in the meantime.

    The 'con' in confidence as they say.
     
    JulieW, Jun 21, 2013
    #3
  4. willrocks

    willrocks Well-Known Member Silver Stacker

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    I unsubscribed when they started sending out pro real estate marketing material.
     
    willrocks, Jun 21, 2013
    #4
  5. The Road Home

    The Road Home Member

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    I agree, although I put the 'system' failing at around 5 -7 years max.
     
    The Road Home, Jun 21, 2013
    #5
  6. The Road Home

    The Road Home Member

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    Same here, approximately 3 weeks ago when they spoke of another massive property boom happening.
     
    The Road Home, Jun 21, 2013
    #6
  7. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I'm not sure that the Australian system will last that long. We are in a serious government created debt spiral combined with crushing business and energy costs and our main resource customer just had a financial thrombo.
     
    Shaddam IV, Jun 21, 2013
    #7
  8. JulieW

    JulieW Well-Known Member Silver Stacker

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    You guys should've seen the Seventies!
     
    JulieW, Jun 21, 2013
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  9. bax

    bax New Member

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    Okay I agree with you, and give up my subs to Daily Reckoning, but what do I replace it with?
    Appreciate any suggestions....

    bax
     
    bax, Jun 21, 2013
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  10. Altima

    Altima Well-Known Member Silver Stacker

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    I sub to seekingalpha. At least they're not all permabulls!
     
    Altima, Jun 21, 2013
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  11. bax

    bax New Member

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    Hi There Altima,

    Many Thanks for your advice,
    Great to see that we can help each other...
    And the very best of Health to you...

    bax
     
    bax, Jun 21, 2013
    #11
  12. Altima

    Altima Well-Known Member Silver Stacker

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    Thanks bax! Same to you too. Though you have to specify 5 stocks to keep track of. I recall putting GLD, GLDX, SLV and 2 others I can't remember.

    Also nice to subscribe to their daily email updates on the markets.
     
    Altima, Jun 21, 2013
    #12
  13. Old Codger

    Old Codger Active Member Silver Stacker

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    I am damned if I can see this world economic mess lasting 3 years before it all collapses.

    I would put at least some money on before this Xmas!

    JMO



    OC
     
    Old Codger, Jun 21, 2013
    #13
  14. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    The gold bull just got a shot of adrenalin and 400volts through the defibrillator paddles. That was the 10 year rate that just spiked to 2.54%. This has just cost the US north of $100 Billion. The sequester gone and more to come. The Bernanke is going to release some explanation about the taper. Not going to happen..they misunderstood what he said. ..then he will come out with more QE to try shove the rates down again. If this rate spike continues they are done. Game over! Don't worry about the metal prices watch the 10 year rate.
     
    Ronnie 666, Jun 21, 2013
    #14
  15. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Those were my exact words


    back in 2008 :(
     
    Clawhammer, Jun 21, 2013
    #15
  16. Grimnar

    Grimnar New Member

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    Never underestimate how long you can keep things running with some string, rubber bands, paddle pop sticks, and some tape... Just ask macgyver.
     
    Grimnar, Jun 23, 2013
    #16

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