Gold: Assumptions vs Reality

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Mon, 06/28/2010 - 18:46 | 439918 Johnny Bravo
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I guess that we'll never see a zerohedge convention then.  

Mon, 06/28/2010 - 18:53 | 439930 RockyRacoon
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When we do we will roast you on a spit over a crackling campfire.

Tue, 06/29/2010 - 02:12 | 440749 A Nanny Moose
A Nanny Moose's picture

Oh....can we have s'mores!?!? please?

Mon, 06/28/2010 - 18:58 | 439943 akak
akak's picture

Just how does one roast a troll over a fire anyway?

I'm guessing that it would really stink, no matter how it was done.  And taste really, really bad.

I'll stick to the hotdogs.

Mon, 06/28/2010 - 19:00 | 439950 Johnny Bravo
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That's all you'll be able to afford if you're investing in gold.

Tue, 06/29/2010 - 00:26 | 440613 jeb3
jeb3's picture

You should use ShitTalker's (v 1.2 by Jaundice) 'random insult' buttom to use as comment material. At least then the rest of us will be mildly amused. You're trolling ways are having little effect, in case you haven't noticed.

Mon, 06/28/2010 - 18:55 | 439935 Johnny Bravo
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If you're waiting for 25000 dollar gold, you'll die first.

How'd that 2000 an ounce prediction by June work out for you all?

Mon, 06/28/2010 - 19:35 | 440004 Hephasteus
Hephasteus's picture

You mean where the majority of zero hedge users 69 percent said it wouldn't hit 2000 by june. Even when you win arguements you lose them.

http://www.zerohedge.com/content/spot-gold-june-1-2010-200000

Keep fucking that chicken even though it's not a chicken.

Mon, 06/28/2010 - 19:38 | 440048 akak
akak's picture

LOL!

Yeah, how many times has JB repeated that lie of his already!

I refuse to feed the troll any more.

Mon, 06/28/2010 - 15:34 | 439504 percolator
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When Denninger throws in the towel and buys gold that's when I'm selling my holdings and just in case he never capitulates I've got a few other signals that the top is in that I'm following.

Mon, 06/28/2010 - 19:11 | 439977 reave the sheeple
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The FedRes will throw in the towel long before Douschinnger ever bothers.

Mon, 06/28/2010 - 17:29 | 439782 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

I like Karl, really, but he seems almost prepared to bathe in petroleum to make a point about the gusher...

I'm betting NEVER is when he capitulates on gold.

Mon, 06/28/2010 - 17:12 | 439752 akak
akak's picture

"When Denninger throws in the towel and buys gold that's when I'm selling my holdings"

At this point, I don't think Denninger would buy gold if the Four Horsemen of the Apocalypse came riding through his living room accompanied by the AntiChrist himself.

"Can I interest you gentlemen in some far-out LEAP calls?"

Mon, 07/05/2010 - 01:14 | 452656 percolator
percolator's picture

Too funny, akak, but its probably true.  That's why I had a disclaimer saying if Karl never capitulates I've got a few other signals that I'm watching to sell my gold.

Mon, 06/28/2010 - 22:42 | 440426 lawrence1
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No... paper is paper is paper.

Mon, 06/28/2010 - 16:40 | 439674 Ungaro
Ungaro's picture

When gold bullions appear on the cover of Business Week, accompanied by a bullish article, is the time to sell. Until then, just keep buying.

Mon, 06/28/2010 - 22:55 | 440456 Attitude_Check
Attitude_Check's picture

1st one is about Michel Phelps Gold medals

2nd article is primarrily a news story about Gold's recent rise above 1260.  More fact reporting wth xome thin background why

3rd article is pretty negative on Gold (implying it's a bubble)

 

So if your point was to show that the MSM still isn't Gold bullish-you are correct.

Mon, 06/28/2010 - 15:20 | 439477 cyclemadman
cyclemadman's picture

People still look at me like I'm nuts when I tell them to buy some gold and silver. We're no where near a bubble yet.

 

 

Mon, 06/28/2010 - 20:09 | 440109 dnarby
dnarby's picture

...Same here.

Mon, 06/28/2010 - 17:06 | 439706 RockyRacoon
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Would they believe an "expert" like Dennis Gartman?  He was touting gold this morning on CNBC.  Maybe those 2 negatives would make a positive!

Mon, 06/28/2010 - 22:08 | 440360 Rebel
Rebel's picture

DG is schizophrenic, but he is a trader/investor trying to time things to make money. He is trying to pull dollars out of those ups and downs on the chart.

I am not a gold investor nor trader. I am an accumulator, and don't pay too much attention to how many wads of paper I have to send in each month for PM's.

I measure my assets in ounces, not $$. 

Mon, 06/28/2010 - 18:03 | 439745 akak
akak's picture

DG on gold is positively schizophrenic --- I can't count how many times he has publicly changed his position in the last two or three years.  And almost invariably, from what I have seen, in an almost perfect inverse relation to moves in the gold market.  It would be fascinating (and embarrassing --- for Dennis) to make a chart of his gold buy/sell calls vs. gold price movements.

Mon, 06/28/2010 - 15:11 | 439439 Pladizow
Pladizow's picture

Why waste your time arguing with the uneducated?

Mon, 06/28/2010 - 14:26 | 439298 technovelist
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Sounds good to me. Bring it on!

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