So prophetjul, what's next? what is the point of your questions?

from all my reading, until 2001 we are starting to run out of oil.
In the period prior to 2001, there are still plenty of oil, so you can focus on growth such as property , stocks, etc.
Economy need oil to grow. period.

No more oil then economy grow will slow down. The only way is to print $$ to support the economy, to keep politician elected, to keep things going until suddenly everything collapse. As long as they print $, gold will go up. Up to maybe USD5000/oz. in 2014-2015
everything sucks, stock, property, etc. Even precious metal sucks especially if you have brought at USD49/oz or USD1900/oz for gold

For gold to go down,
a) some of the printed $$$ must disappeared quickly. To do that while having your government elected etc is almost impossible.
so inflate or die.

or

b) new world order where the elite managed to get together and forum world new currency back by gold SDR
then the cycle repeat itself for another 5-20 years.

c) Or WW3 lah.
food has more value than gold lah.

or sudden appearance of attractive class of investment
d) e.g suddenly double storey house in Bangsar become 300K, you sell all your gold buy bangsar house or
e) Maybank share = RM1.

Gold and USD also rocket up, anyone know why?

Anyone here interested in getting a 5g PAMP bar? Selling it for RM950. If you want pictures, feel free to PM me to discuss further on

dude, i was trying to make an emphasis on market manipulation but i noticed you gave no answer to that but instead keep harping about that crash word, wassap? aiyohhh if that is so unacceptable for you then sorry lah, i should not mention 'crash' lah. i should have mentioned 'silver just made an insignificant tiny little dip that was a barely noticeable 0.40'. happy now?

This post has been edited by bigwolf: Oct 21 2011, 09:56 PM

thanks Goldchan...

good points and inputs there...i will take it and try to understand further...

So you mean every time silver drops it is market manipulation? Every asset rises and falls, how can you claim market manipulation unless you have a good reason to believe so? Assuming even if there was market manipulation, it does not mean every dip is due to market manipulation, it would more likely be the normal market movement. I already addressed this before but you ignored it.

maybe also due to margin call... so they sell out their commodities to get money~

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Added on October 22, 2011, 12:26 amgold sharp increase coz libya has been liberated... got extra gold in the market d

This post has been edited by mingophoria: Oct 22 2011, 12:26 AM

got extra supply would make price go down. in reported news previously mentioned gaddafi had sold off significant amount of reserve within libua market to pay govt servant from rioting.

whatever movement or price is anyone's profit or loss. as long he can have a good night sleep. i know i have. invest what you can afford and always open for a life lesson. just move on

Please do not put words into people's mouth. It is a very rude thing to do. Nowhere did I claimed every drop is due to manipulation.

http://online.wsj.com/article/SB1000142405...2689573902.html

I believe I asked a reasonable question about JPM & if Wynter Benton is real or not. You basically went ballistic without elaborating or presenting any facts as to why you think there should be no manipulation.

I shall now stop replying to this pointless argument as it serves no purpose other than semantics.

This post has been edited by bigwolf: Oct 22 2011, 01:17 AM

Actually, quite a few veteran believe that the market is being manipulated. and JP morgan name keeps coming up. it's not just us who suspect some form of conspiracy, but many in the states and in the market think so too, but there's nothing any of us can do about.

So small fry like us just trade carefully and don't get caught in the process.

chef

Economy slowdown is not because lack of oil.
Economy slowdown is because people are spending beyond their meant last time, now payback time.
There are enough oil around to support the economy.
We don't face any shortage of oil even during oil peak around USD150.
There are enough untapped oil for the rest 40-50 years without much problem, just how oil price dictated whether people interested to dig out those untapped marginal oil field, deep sea one.

Also,
Economy slowdown is not because lack of money around.
Economy slowdown is because people have no confidence to put the money into work.
Trillions of cash are sitting at sideline, in bank account that yield zero interest.
Even Apple alone has 70+ billion cash reserves, and many other big corporate has significant cash level, even locally, most well run company has ample of cash level generally.

Print money is to push the economy going, but corporate only willing to expand if they have confidence about the future growth.
And confidence cannot be built instantly through money printing.
Money printing inflated price and pushing hard on those idle cash to do something, in theory go to buy asset, investment, or expand the business due to cheap funding, but we have the result, corporate still want to have cash sitting idle due to previous fear of 2008 crisis.

Hmm, shall I just put your post here for reference?

Erm, did you consider that it could be normal market volatility? Did you consider the fact that Silver is extremely volatile? Did you consider the fact that Silver has been range bound on the top at 33dollars and 28 at the bottom lately, and that the drop from Tuesday was due to the fact that silver failed to break through resistance? It wasn't only silver that dropped, gold and a whole bunch of metals dropped, but to you, it is manipulation.

One forummer here said that 40c/80c used to be a big movement. Excuse me, since when? 10 years ago when silver was 5 dollars? Let me check to see when the daily range was less then 80c this year. Wait a min, it's every single trading day, it has exceeded it!

And nowhere did I say that Silver was not manipulated, I just said you can't just cry foul every single time. Do you think the guys at JPM have nothing better to do than to plot to crash the silver market every single day? No, if they wanted to crash it, they would do it during major events to prevent the spike, not when the market is basically a snooze fest and the eurozone news is basically at a stalemate.

This post has been edited by eXTaTine: Oct 22 2011, 04:59 PM

...gold(go) figure believe it or not my horoscope said this year no matter where I invest gold, silver, stock, business will not gain profit. I don't believe and I tried and now I know the truth oh, got to accept the fact and life move on.

Well guys,

here's the debate that went on recently and it's worth watching. If GATA is so firm on their prediction, I think gold and silver is really heading towards explosive growth in a years time, minus all heavy "manipulation" and we should be on the right track.

Here's the link from kitco :

http://www.youtube.com/watch?v=7hnIqE1_ZGU...player_embedded

Enjoy and do share if you catch some important phrase that we all should "listen carefully" to, I want to stress the last part where both experts are doing their prediction of the price in 1 years time.

chef


PS hey buysell, if you are so sure you are the one affecting the money making opportunity for gold and silver, could we kindly ask you to hands off PM so the rest of us can start making money? We will pay you for your effort of not investing in PM. ha ha..... just kidding lah, your life is in your hand, find a way around the problem. (get your wife or family member to buy on your behalf

This post has been edited by chef: Oct 23 2011, 12:15 AM

Greetings fellow gold bugs, am just wondering where do most of you purchase your physical gold? Is it safe to purchase off eBay? I know most of you go for UOB but it's not readily available not to mention I'm not from KL so it makes matters even harder. Any other alternative?

Are there a lot of fakes on Pamp gold bars? Thanks guys

EU Summit outcome on Sunday and Wednesday will make next week trade interesting. - ga

This post has been edited by junhaussen: Oct 23 2011, 10:39 AM

UOB KL Main has ran out of gold bullions, I just went there last 2 days ago

for the past 6 months UOB KL Main has always been out of gold bullions

good point you made bro! Btw, so the conclusion is does it safe to do gold investment?