TedWeir

Originally Posted by TedWeir

"Gold is a safe haven and a hedge against political, financial & economic mismanagement and stupidity."
Duh.
Japan is looking forward and building strength in its bond investors and reducing risk for bond purchasers. USA and Europe should take heed IMO. The comong 'super-crash' will wipe out far to many for recovery to be anything but weak.

T



‘Gold For Bonds’ in Japan as Bond Buyers Get Gold Coins - May Enhance Returns 5.9 Times

Excerpt from Gold Core:

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The likelihood of further downgrades of hitherto risk free government debt, including France and even Germany, is bullish for gold. Gold cannot be downgraded or debased by politicians or central banks.

Indeed, the sort of economic and political mismanagement we see today is what gold thrives on and should lead to further gains in 2012.
Gold is a safe haven and a hedge against political, financial & economic mismanagement

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[QUOTE=TedWeir;202591]Gold producers should also be saving a portion of their production... to sell in the next run up!

Excerpt from: King World News Blog

Billionaire Eric Sprott Asking Silver Producers to Save in Silver

...“It’s hard to define it, who knows? I mean if you had a printing scenario you have no idea where the price of gold goes because you have no idea how much they are going to print. If you had a total bust and people feared the banking system and started buying gold, I have no idea what they would take the price of gold to because, of course, by that time all of the currencies would almost be worthless as well.”

Originally Posted by TedWeir

Will the red circle be the same as the blue one? (see chart below)—never exactly but this looks like it will be close enough - all the world's decision makers are frozen with fear Europe has a useless 'Commission' and the US has a polarized and therefore useless government and the FED... well that's a private business and all they are really interested in is their owners—the top .0001%

So UH OH OH NO... (see chart at bottom):|

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will we hit water, the real paydirt

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(June 16, 2011)

Some technical analysts are calling for a major rally from here, but the massive injections of financial insulin don't seem to be reviving the sagging global economy.

The stock market and economy are both at a turning point. Analyst Martin Armstrong's Economic Confidence Model (tm) set the turn date as June 13/14, 2011.

In the stock market, a number of technical analysts are issuing strong buys based on the negative sentiment of so-called "dumb money"--small investors--and the number of stocks below their 50-day moving averages.

Others such as Armstrong are predicting that Greece has no alternative to default and the Euro is untenable as "one size does not fit all."

It is rare to find a market where the technical evidence is so compelling for a strong rally yet the fundamental basis for such a rally so lacking. Exactly where do Bulls think the growth and rising profits are going to come ...

repost from zerohedge.com:
Scott Minerd's Detailed Pre-Mortem On What Europe's Bank Run Will Look Like, And Other Observations


We traditionally enjoy the periodic letters by Guggenheim's CIO Scott Minderd. His latest piece, "The Opening Act to the Broader Crisis" is no exception. In it, the strategist dissects the European crisis, compares it to the subprime debacle and sees it as the precursor to the eventual downfall of the euro, a surge in the dollar, the "federalization" of Europe and the adoption of QE by the ECB. The key must read item in the current report is Minerd thought experiment of what a wholesale bank run, first in Ireland, and then everywhere else in Europe, would look like. This is especially important as one could, as Scott claims, start at any moment. What does this mean for investments? "If we are on the brink of crisis in Europe, which I believe we are, then there are several expectations we can draw about the investment landscape. ...