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post smells like an advert on disguise.

I keep a certain % of my assets in PM's. At present I am happy with the amount of PM's I have and the price is somewhat irrelevant.

IMF & World Bank in today's world are completely useless. Born in the Bretton-Woods agreement at the end of World War 2 when currencies were still pegged to gold and governments had a tighter control over things.

How to make money out of the share market? Hold seminars/conferences for $1,000 a head about how to make money out of the share market.

fund managers dont want you to invest in precious metals, they want you to invest in one of their "managed fund" products where they take between 2-4% of your capital each year regardless of fund performance.

It will be interesting. You can get the 2013 snake for $32 or so, will the distributors release the horse at this price? I doubt it. $40 I'd think at first to test demand, then after a couple of months if demand is weak, reduce the price.

There will be a huge recession (isnt this actually a depression?) someday. But will it be in 2020, 2040 or 2090? Doomsday prophets will be right once as time will end but how many million times are they wrong to get it right once? As they say even a broken clock is right twice a day. I see no...

I for one are holding cash rather than buying shares or PM's. I dont see the US market going above 15,000 and the risk/reward there is of a fall rather than a rise. As the Australian market just follows the US, I dont see the Australian market doing anything if the US market cant rise beyond...

http://www.youtube.com/watch?v=m4dGx_cahlk

I'll be fine, I have BitCoins.

The top right chart shows gold at $9,000/oz in 2019, I'll be into a bit of that thanks !

Interesting how capitalist markets are now looking to be propped up by a communist and ex-communist state.

I dont see why there has to be ANY gold mining for gold to hold its price or even fall. Yes you read that right. 80% of gold ever mined by humans is still in human hands, why must there be mining to keep the price from rising? Comapnies dont increase their shares on offer (ie. quantity is...

forget the 100oz bar, not liquid enough. 5oz Lunars or 10oz Lunars are the business at current prices.

^ That would be an Australian mine. I doubt there would be such high wages in South Africa where 40% of all gold comes from for example.

Well I remember in 2000 that unleaded in Melbourne first reached $1.00 a litre. Today some 13 years later it is about $1.40 a litre, that's a 40% increase over 13 years. Wages in Australia increase around 3% a year, so over the same time period something like 50% wage increase over the past 13...

It's interesting that 10 years ago when gold was around $400/oz miners seemed to be surviving just fine but now we hear that sub $1,200 miners will struggle to make ends meet. Have production costs really gone up 200% in 10 years ? Just sayin! :p

^ FYI I havent bought any gold for 3 reasons. 1. I think if gold went closer to USD $1,100 then psychologically $1,000 would loom and the price could quickly go there where I might get interesting is accumulating. 2. The drop in the AUD by 10% means that although gold has dropped in USD...

Off to the Comex for them.

So much for holding at $1,280.....next stop would be $1,085 ouch !