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spartan

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#30 : April 26, 2013, 10:28:31 AM


Now if I can just find a Certified Financial Planner to do a colonoscopy I'll be set.

You don't need one of those since you already have your head up your ass.

That was actually nearly funny.

jbear

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#31 : April 27, 2013, 07:40:44 PM

you'd be surprised how much weight Fox News has had on the rightwingnutwhackjobs

Seems Fox News has more weight with you than with any rightwingnutwhackjobs that I know.

This is exactly what I'd like to say about miss Morgan.  It seems whenever there is any news at all, miss morgan falls right in line with left wing thought immediately starting threads and in this case assuming if gold goes down it must be bad for rightwingnutjobs who hate government etc etc... Every time he posts one of these he proves he's even dumber than we already thought.  gold going down a bit is much more complicated than someone like morgan can figure out.  Glen Beck. lol

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#32 : April 28, 2013, 12:00:38 AM

Gold has done alright since 2002...if you like returns in the 400-500% range

You must be accountable for your actions!

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#33 : May 01, 2013, 01:11:15 PM

Here is what you need to know about gold as an investment by someone who has actually been qualified, licensed and certified to give investment advice, me.

Gold is a semi-consumable commodity. That means that gold is used for in ways in which it cannot or is not recovered i.e. certain chemical and manufacturing processes, ic chips, electrical connectors, batteries, etc.(and don't forget those tiny flakes in Goldschlager )  It is also used in fully recoverable ways, mostly jewelry and coins & bars.

The non-recoverable consumption of gold has risen dramatically in the last 20 years with the demand for high tech items that use gold.

The supply of gold comes from existing stocks and newly mined ore. The ore is both hard to find and very rare. The mining of new gold has increased at a rate FAR below both the increase in world wide population and world wide demand. in fact, gold production has decreased in several of the top gold producing countries like Canada, Peru, and most dramatically South Africa (272,000 kg/yr in '06, 170,000 kgs/yr in 2012)

So in the last 20 yrs most of the new gold mined has been consumed (in non-recoverable ways) in chemical/manufacturing processes and products. Also in the last 20 yrs, the demand for gold has risen steadily.

Rising demand and a flat supply equals rising prices.

Now add in that most countries use a fiat (paper) money system where the money supply is determined by political processes and the supply of money has increased dramatically in those countries the last 20 yrs and you get a dramatically higher price.

Conclusion: as long as demand for gold continues to increase and no new ore deposits or no changes in mining tech continue, then the long term trend of rising prices should continue. Now keep in mind that short term fluctuations in price can occur due to speculative hoarding/selling events, but these are short term (a few months) vs long term (5-10 yrs) hiccups.


Morgan

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#34 : May 02, 2013, 02:48:47 PM

DOW: Aren't you glad you didn't listen to Glenn Beck and decided to continue to invest in America?

https://www.google.com/finance?q=INDEXDJX:.DJI

Biggs3535

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#35 : May 02, 2013, 02:54:21 PM

Here is what you need to know about gold as an investment by someone who has actually been qualified, licensed and certified to give investment advice, me.

Gold is a semi-consumable commodity. That means that gold is used for in ways in which it cannot or is not recovered i.e. certain chemical and manufacturing processes, ic chips, electrical connectors, batteries, etc.(and don't forget those tiny flakes in Goldschlager )  It is also used in fully recoverable ways, mostly jewelry and coins & bars.

The non-recoverable consumption of gold has risen dramatically in the last 20 years with the demand for high tech items that use gold.

The supply of gold comes from existing stocks and newly mined ore. The ore is both hard to find and very rare. The mining of new gold has increased at a rate FAR below both the increase in world wide population and world wide demand. in fact, gold production has decreased in several of the top gold producing countries like Canada, Peru, and most dramatically South Africa (272,000 kg/yr in '06, 170,000 kgs/yr in 2012)

So in the last 20 yrs most of the new gold mined has been consumed (in non-recoverable ways) in chemical/manufacturing processes and products. Also in the last 20 yrs, the demand for gold has risen steadily.

Rising demand and a flat supply equals rising prices.

Now add in that most countries use a fiat (paper) money system where the money supply is determined by political processes and the supply of money has increased dramatically in those countries the last 20 yrs and you get a dramatically higher price.

Conclusion: as long as demand for gold continues to increase and no new ore deposits or no changes in mining tech continue, then the long term trend of rising prices should continue. Now keep in mind that short term fluctuations in price can occur due to speculative hoarding/selling events, but these are short term (a few months) vs long term (5-10 yrs) hiccups.

This post in summation:  Morgana is clueless.


VinBucFan

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#36 : May 02, 2013, 03:13:31 PM

Here is what you need to know about gold as an investment by someone who has actually been qualified, licensed and certified to give investment advice, me.

Gold is a semi-consumable commodity. That means that gold is used for in ways in which it cannot or is not recovered i.e. certain chemical and manufacturing processes, ic chips, electrical connectors, batteries, etc.(and don't forget those tiny flakes in Goldschlager )  It is also used in fully recoverable ways, mostly jewelry and coins & bars.

The non-recoverable consumption of gold has risen dramatically in the last 20 years with the demand for high tech items that use gold.

The supply of gold comes from existing stocks and newly mined ore. The ore is both hard to find and very rare. The mining of new gold has increased at a rate FAR below both the increase in world wide population and world wide demand. in fact, gold production has decreased in several of the top gold producing countries like Canada, Peru, and most dramatically South Africa (272,000 kg/yr in '06, 170,000 kgs/yr in 2012)

So in the last 20 yrs most of the new gold mined has been consumed (in non-recoverable ways) in chemical/manufacturing processes and products. Also in the last 20 yrs, the demand for gold has risen steadily.

Rising demand and a flat supply equals rising prices.

Now add in that most countries use a fiat (paper) money system where the money supply is determined by political processes and the supply of money has increased dramatically in those countries the last 20 yrs and you get a dramatically higher price.

Conclusion: as long as demand for gold continues to increase and no new ore deposits or no changes in mining tech continue, then the long term trend of rising prices should continue. Now keep in mind that short term fluctuations in price can occur due to speculative hoarding/selling events, but these are short term (a few months) vs long term (5-10 yrs) hiccups.

This post in summation:  Morgana is clueless.

lmao, Bam Bam Buggsy, do you even understand what JG? typed?  Funny to watch you stoop to using someone else's work to call someone else dumb. . . . . wow.  :-[

Show the bravest of the brave kids that you have their back.  Go to http://www.childrenscancercenter.org/

Just check out the site or maybe like them on Facebook . .  or Share the site on Facebook, re-tweet one of their tweets.  Not everyone can give money to support this great cause, but its easy to give 10 seconds of your time to help spread the word about The Children\'s Cancer Center

Biggs3535

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#37 : May 02, 2013, 03:24:11 PM

lmao, Bam Bam Buggsy, do you even understand what JG? typed?

Every word, you leg-humping gnat.  How about you, Counselor?  Clearly not.


VinBucFan

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#38 : May 02, 2013, 03:48:15 PM

lmao, Bam Bam Buggsy, do you even understand what JG? typed?

Every word, you leg-humping gnat.  How about you, Counselor?  Clearly not.

Buggsy, in all seriousness, that post is the perfect Bam Bam post. Adds ZERO to the substance, it's just you calling a guy dumb. That's all you took the time to do. I could see if you posted something of substance, but that's nothing ... Just "bam, bam, bam .. Ugh .... Morgan dum!"

As you would post "Lolz"

Show the bravest of the brave kids that you have their back.  Go to http://www.childrenscancercenter.org/

Just check out the site or maybe like them on Facebook . .  or Share the site on Facebook, re-tweet one of their tweets.  Not everyone can give money to support this great cause, but its easy to give 10 seconds of your time to help spread the word about The Children\'s Cancer Center

Morgan

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#39 : May 03, 2013, 10:12:44 AM

Looks like another good day for the market.....at least it is opening strong this a.m.

Anywho - check out the DOW from the time GWB left office and today....

https://www.google.com/finance?q=INDEXDJX:.DJI

White Tiger

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#40 : May 05, 2013, 02:21:18 AM

You realize that 50% of the market is based on government "pumping", right?


Morgan

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#41 : May 05, 2013, 07:37:09 AM

You realize that 50% of the market is based on government "pumping", right?

absolutely - gov't stimulus has much to to do with the recovery -hope you took advantage of it

Runole

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#42 : May 05, 2013, 08:09:48 AM

Governments trying to stimulate the economy by printing 10 billion a day and buying into the stock market eventually will fail.

Morgan

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#43 : May 05, 2013, 08:45:26 AM

Governments trying to stimulate the economy by printing 10 billion a day and buying into the stock market eventually will fail.

This has been done for several administrations and isn't something that just started in 2009.   

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#44 : May 05, 2013, 10:26:32 AM

Governments trying to stimulate the economy by printing 10 billion a day and buying into the stock market eventually will fail.

This has been done for several administrations and isn't something that just started in 2009.
You have access to the internet - try a news outlet that includes an article on the Fed buying debt/bonds

\"A Great Coach has to have a Patient Wife, A Loyal Dog, and a Great Quarterback. . . . but not necessarily in that order\" ~ Coach Bud Grant
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