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I didn't say it as a reference to spot - I do not dispute the price of spot - it is what it is. Spot price is taken from the futures market so the current spot price is a true reflection of the supply and demand in the futures market The futures market, however, is not necessarily a true...

Just another example of how the futures market is totally disconnected from the real world

yada yada I remember reading newspaper articles just a few years ago explaining why the commodity boom was going to continue for another 20 years now the predictions are the bust will go on indefinitely nobody has a clue Commodity stocks used to be called CYCLICALS for a reason !

beaten to the post

You are not asking about the price but then all you discuss is the price

The Intelligent Investor by Graham is the version intended for regular people Security Analysis was written for professionals (but I haven't read it though - seen it - bloody thick book!)

Australian notes are made of plastic

Do you really expect not to get calls like this if you put up notices that you have money and want to buy stuff in places like gumtree or wherever you posted it ? I'd assume the scam callers would outnumber genuine callers by a wide margin

they won't raise rates

Don't worry - it is different here. House prices will keep rising forever and we will become the wealthiest nation in the world.

Good luck to all thinking they will nimbly move from one asset class to another with perfect timing during periods of massive volatility Marc Faber recommends 25% property, 25% stocks, 25% PMs and 25% cash Benjamin Graham old school guideline is only bonds and stocks, between 30% and 70% each...

Yes I've been following it and bought a little in the presale Offers much more promise than all the Bitcoin clones

He did ask the seller and got no response

Just leave neg feedback and let it go

$48 No minute to minute updates when it's rising ? Gotta love the media reports - when it's falling it us because of fundamental supply glut, But when it's rising it's because of short covering

That's less than 1 per person in the USA alone. Or to give another perspective, Apple has sold more than twice as many iPhones in the past 5 years

A 2003 1oz proof kook just sold for $400 on eBay !!!!!! http://www.ebay.com.au/itm/381369019852 Are the kooks finally getting their revenge on the lunars taking the spotlight ?

If you truly are involved in this scam mate then 100% your 'fiance', if you've ever met her, has been nowhere near Heathrow and there is no gold. Have you been asked to send anybody any money ? IT'S A SCAM TO GET MONEY OUT OF YOU. FACE IT!

ffs give it a rest I've been holding throughout this multi-year bear market but I'm still ahead - you figure it out