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Gold Takes Out All Stops As It Hits New Record, Approaches $1,280
Someone forgot to tell gold to crash today. The spot price for the next true currency, and self-imposed non-Fiat standard, was at $1,277, a fresh all time high, as it prepares to take out the stops at $1,280, which would send it promptly over $1,300. As Jim Rickards pointed out, the daily devaluation of gold and all fiat currencies continues as gold is now the only absolute that can not be diluted by central bank printing, and in a world of relative daily currency devaluation, it will increasingly be the benchmark against which to judge the bankers' desire to destroy their own paper money. And as the BOJ action demonstrated, gold is going much, much higher. In the meantime we expect blonde CNBC anchors to continue making fun of gold.
And here is FMX Connect's gold commentary for today:
Summary
October Gold settled at $1263.20 per 100 troy ounces on Wednesday, a net loss of of $3.10 for the day.
October
gold was up $9.30 to $1276.30 per 100 troy ounces as of 7:40 AM EST,
this morning. The December U.S. dollar index was down .346 to 81.405.
October platinum was up $4.70 to $1610 per 50 troy ounces. December
silver was up 14.9 cents to $20.72.
FMX Morning Newswire
Bloomberg (Reported 9/16/2010)
“Gold
rose to a record in London and New York as investors sought protection
against turmoil in the global economy and financial markets.
Bullion
climbed as high as $1,276.35 an ounce in London and has outperformed
global equities, Treasuries, crude oil and most industrial metals this
year. The dollar fell to a five-week low against the euro today.” Gold Rises to Records in London, New York on Demand For Wealth Protection
NS Futures (Reported 9/16/2010)
“The
gold market comes into the Thursday morning trade action nears its all
time highs, and seemingly deriving support from a number of different
themes. While some might doubt the inflation angle in the face of a
suspect global economic track, the UK has recently posted hotter than
expected inflation readings and the US PPI and CPI reports have some
rather notes gains forecasted by some analysts.
While
equity markets in Asia and Europe were generally lower, U.S. stock
indices have posted moderate losses during the early Thursday. The
Dollar is lower against most of the major currencies during overnight
trading, although posting a small gain versus the Pound.” Daily Metals Commentary
Reuters (Reported 9/16/2010)
“Gold
was steady on Thursday as weak U.S. economic data reiterated the
uncertainty surrounding the global economic recovery, while silver hit a
new high as investors sought this alternative safe-haven asset.
U.S.
industrial output slowed last month and a regional measure of factory
activity touched a 14-month low in September, pointing to a cooling in
manufacturing as the boost from an inventory build-up fades.” Gold steady on weak data
»
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Muahahahha!
Gold neeeds no Sodium Pentothal.
You know it is bad when CNBS dont poke fun of gold.
I know all of the fundamental arguments for gold. Currency devaluation, asset protection, etc. Those arguments remain the underpinnings for the sustained, 9-year bull market in gold.
What does not seem to be remotely understood at this moment in time, particularly in the financial press, is that we are currently in a significant supply squeeze on the Comex. Unlike anything seen before. The Comex appears to be out of physical silver. This is why silver is rallying every day, in spite of the increasingly desperate attempts by JPM to suppress it. Look at the soaring OI!
Seeing this very real event happening in the silver pit, gold is following along based upon this rationale: If the Comex is out of silver, then they are, most likely, out of gold, too.
Gold is following silver now. Period. Yes, the current dollar weakness helps and momentary bouts of dollar strength, such as yesterday, will continue to create algo-based down moves. However, all dips will continue to be aggressively bought as long as the silver "supply" looks so limited.
Do not fuck around with this. Don't get cute and try to pick tops. Let the cartel paint the tape as much as they want. In this environment where there is a physical scare, all bets are off.
Well, Turd F, I too closely follow gold and commentaries.
While I read a lot about COMEX and bullion banks (etc.) monkeying with gold, I am in no position to intelligently comment. I DO see occasional retail shortages of Au and Ag Eagles.
If what I read about small above-ground stocks of silver is true, and if COMEX / JPM shorts as well, then a big time spike in silver is coming. And price of silver is nowhere near its 1980 high of $50.
TURD FERGUSON IS RIGHT RE PHYSICAL. Buy soon, if there is a physical scare and you are not stocked up, then you will be SOL!
I spooked myself by taking profits on mining shares. Not again. This short squeeze could take off at anytime. Cash is trash.
Harvey Organ reports the supply crisis at the Comex every day. Our intrepid financial reporters dare not got there. It's getting so anyone who does a little research on the web is far more informed than the jokers in the ruling class media.
Someone made this fun little MTV on silver a year ago. Cool stuff.
http://www.youtube.com/watch?v=FywT-txGuss
About the only thing that's made sense to me the last few weeks or months has been the steady increase in the price of Gold as it finally begins to factor in the economic insanity we live within. Time for another Fed intervention to drive down the price (in FRN's) of sanity.
hmmm...
"as the economic insanity is beginning to be confronted and *seen* (maybe for the first time) by many and that soundless scream has begun the panic into Gold."
But as we well know the Power can make Gold $0.50 / Oz in a HFT millisecond, so tread softly young Skywalkers.
Hi LeBalance
Who (or whom) are you quoting?
Certainly NOT the Chinese!
CD, it's been pricing in the insanity for a long time... In 2008, we had what I'll call a normal flight to quality... people flocked to the debt obligations issued by the issuers of the world's reserve currency. As would be expected.
Now, our monetary and fiscal policies have been painted into a corner and most of our worst fears realized. The only way to continue the charade is through an attempt at austerity and to trigger another flight to quality. The problem this time around is that instead of piling into the same debt obligations, people are also piling into precious metals, as exeter's pyramid would suggest. The weight/ratio of precious metals will only go up from here (as will their price in dollars) because this is the LAST flight to quality.
TPTB are forced to keep at least some inertia in the flight to quality or face a flight to last resort, gold. The patrons with smoke detectors for noses are already heading for the theatre's exits... or, at least, are willing to eat a really good hedge for the pleasure.
R2D2 was always blurting out stuff like that. Skywalker's robot was too smart to had been built by Luke; the fool that he was, however correctly guided by this intelligent machine with mysterious origins.
I wish they would. that way I could buy a whole lot more. This little gold bug would buy so much, her little wings would never get her off the ground!
;o)
CD - think the bag of tricks is starting to run a little low... been waiting for 6 years for this.... My poor father's been waiting about 20 years! There is years and years of pressure waiting to assert itself behind the market-distorting machinations of the FED. Looks like we might be on the doorstep.
Cheers!
I think the biggest mistake we can make is to assume the Fed's bag of tricks is running low. As panic begins to set in, their bag of tricks will be replenished by desperate people who will do anything in return for the promise of another day of reprieve.
The Fed and it's minions have many tricks left to pull out of their hat. They just seem too "crazy" right now and thus are dismissed. They will begin to look better and better as the out-of-control plane spirals closer to earth. Less than 5% of Americans have Gold set aside as an investment or as a store of value. It won't be hard to turn the other 95% against the minority Gold HOARDERS.
"The Fed and it's minions have many tricks left to pull out of their hat."
This should be said again and again.. Their bag of tricks has barely been opened. Be prepared for this realization and the implications to take a long time to materialize.
Not true. The Fed has only one trick - currency devaluation. That's all. Nothing else.
Of course, that doesn't mean they can't make the price of gold go down in Never-neverland (aka the COMEX). So what?
The FED was into autoerotic asphyxiation and went a little too long. Now its family has the embarassing task of explaining what happened... do they lie? or do they expose its real nature?
"The Fed has only one trick - currency devaluation. That's all. Nothing else."
they have two tricks:
> currency debasement
> blarney (spin)
the blarney is wearing thin
Oh yeah, the blarney's wearin' thin, but nobody can get enough of that currency debasement. Oooooh! I get excited just thinkin' about it.
[A black screen suddenly comes to life with ominous music playing in the background]
"The Hoarders!"
A new motion picture coming to a theater near you.
Last time it was evil bankers & their bonuses and before that it was subprime borrowers, but now there is a new evil in town, a new (phantom) menace : GOLD HOARDERS!!!
They caused the double dip!
They caused the USD to fall 99% in purchasing power!
They caused economic ruin!
Now, we real Americans must rise up and crush the gold hoarders, who just happen to work for Al Queda and like to murder babies and unicorns!
Help crush these new economic terrorists by calling in tips on suspected hoarders!
Makes perfect sense. The Hoarders who begged Congress to practice some fiscal sanity, and the Fed to keep the dollar strong, and the Treasury to allow competing currencies...all those "Unpatriotic" ideas.
If Asia didn't exist, I would see this as much more likely. But with them following the yellow brick road, we would have to demonize places like China first, where gold is the new green. Are we done blaming cavemen in the Middle East and dirty mexicans in South America? Up next, a big mirror or China?
South America considers Mexicans dirty. Even tho they watch Mexican soap operas and movies. Mexicans' profanity is an old joke, beginning in Guatemala, where they may be the least crude in Latin America.
"but now there is a new evil in town, a new (phantom) menace : GOLD HOARDERS!!!"
we crashed the real estate markets too
give credit where credit is due, please
http://www.youtube.com/watch?v=NBav72i7I3s
Will this happen again? Hoarding was the justification used the last time an executive order forced citizens to take paper. Yet, the world stage is a very different place, today.
I think we're more likely to suffer some sort of default as a nation. Then we'll either have to fight to keep our private holdings or its payback time. Imagine surrendering to China and being asked to honor our debts. Got gold?
But that's just me considering the likeliest outcome that involves someone demanding my gold and silver. Small probability that my own government thugs will come knocking, more likely one of our creditors, though our thugs may act on their behalf, depending on the resistance.
I believe your 5% number is actually just under 1%, or perhaps now just above, from most everything I have read. Either way it is a miniscule amount and a small increase in investors will deplete the gold stocks significantly so that gold will see massive price increases.
I feel sorry for all those people that sold their gold jewelry thinking it was a great deal or to pay off their debt.
I believe there is no way to accurately gauge the number. Are you telling me that every coin shop and every internet retailer get polled on the number of individual buyers/accounts? Who conducts the poll?
Most likely you are correct I'd think. I was just using numbers that I've seen repeated often but as I said...even 5%...long way to go.
When thinking about ownership of Gold, I also think in terms of Gold mining stocks held as individual stocks, in ETF's, in precious metals mutual funds and in commodities funds. So I see the picture as larger. I agree that less than 1% hold actual Gold in their hands......or wherever they physically store their Gold.
Gotcha.
Hear hear.
The pitfall into which I narrowly avoid falling regularly is the projection of what I want to be true and what plays out in the ugly day to day sausage making that is central banking.
Do not for a moment let your desires push a simplified or idealized mask onto the nasty mess in which we find ourselves.
Listen, listen.
Fears can also be based on over-simplified views. Both our fears and desires can paint fictional landscapes.
To assume the Fed is omnipotent with ever more tricks just doesn't seem based on anything historic or theoretical.
As one who "hoards" some silver, I have to add CD that it's long history as a monetary metal should help propel it along the same path as gold.
Additionally, silver is quite undervalued against gold given the relative scarcity of above ground supplies. Silver is consumed, and a good percentage lost, as Americans and others simply toss out broken or un-used electronics, etc. I would hazard a guess and speculate that silver actually has quite a bit more up-side potential than gold.
I fully agree. The Silver to Gold price ratio tells me Silver has a greater percentage climb ahead of it. As Gold continues up and people find it (emotionally or financially) difficult to shell out thousand(s) for an ounce of Gold, they will turn to the poor man's Gold.
That would be Silver.
Something so obvious to us almost goes without saying. Gold will rise. Silver will rise much further. And the sun will also rise again, tomorrow. These things are quite certain. Yet the first two just aren't well known yet. They'll see, afterthefact.
The sun does not rise. The earth rotates.
From the perspective of a person on Planet Earth, the sun does indeed rise. Saying it doesn't rise is like...well, that's like saying Ben Bernake is not screwing us--it's his penis that remains stationary and our ass that rotates.
You can't ignore the importance of perspective.
Regardless, the sun will rise again, tomorrow, and I'll even take any bets on it.
Also, it's odd that you didn't point out that rising silver doesn't mean silver is actually rising. Or did you think... oh, no, I wasn't being literal. I was presuming a level of interpretation via the reader.
As Cognitive Dissonance recently said:
“You’ll never convince me” is the sign that the mental deck is stacked.
http://www.zerohedge.com/article/what-if-%E2%80%9Cit%E2%80%9D-doesn%E2%8...
Read the rest of his thoughts there at your own risk. :-)
All due respect CD, but the internet would have to be shut down first. The truth (as you know) is that the CB's leased the metals to bullion banks who sold it with their blessing. Now they are hopelessly short, and they are going to attack the buyers as hoarders? Lame. It won't work unless they have total control of the narrative. Banks attack little guys yet again is the counter narrative, and most people probably know (or will soon) someone who holds a little metal.
PS - like the rodeo? Be prepared to make your own belt buckles if need be, cowboy.
(LOL)
I'm fully aware of how "short" the CB's are. And "truth" is rarely in agreement with reality. Truth is what we want to believe is true, which is often what we are told truth is. Consider all the things that have gone down over the past 5 years and yet the average person has no idea what "the truth" really is.
Truth is managed on a daily basis, complements of the corporate fawning media aka MSM, who are working in a casual relationship with government and the keepers of the public myth. I suggest everyone pull out their old copy of Orwell's 1984 for a visit with "truth".
Yes, that is the playbook, but I know of many instances where YouTube and the Internet Wayback Machine have been pressed into service to correct the record via viral email. If truth was that malleable, Obama supporters wouldn't be so disappointed.
Are these massive naked short positions held by the banks *real* money? They would be taking it in the shorts big-time if it was anything other than HSBC, J6P, et al. But my guess is that the short positions are nothing more than a digital entry.
If it was real money, somebody is going really broke fast.
@ Cog Dis and posters above.
If we little, dirty HOARDERS can, it would make some sense to get some of that physical OUT of America and somewhere else. I have.
I agree that buying silver is a great idea as well.
Diversification and flexibility (thx Gully Foyle for latter) will help us get through this. Reading Cog Dis, which forcibly stretches the mind, will give us hope and endurance in the murky & dangerous times ahead.
When I was much younger (Hair, flat belly, libido) bought in on the $11.00 silver rally but never sold and I don't know why. Probably lacking the necessary brain power. But righ now, "I feel just like a little girl...."
They have testesterone pills for that, you know.
Actually, it's a gel.
Uh, where do you apply it? I know I really shouldn't have asked this...
LOL
Thank you for asking the question I wanted answered.
Um......not that I actually need it. :>)
Maybe, just maybe, the paradigm has changed. When inflation was the immediate problem du jour, central banks had a vested interest in keeping the price of gold down, essentially attempting (artificially) to demonstrate that the underlying nature of the fiat's store of value function remained unimpaired.
However, as the spectre of deflation arises (think Global double dip probability rising) and in conjunction with the global beggar thy neighbor round robin cycle of currency depreciations (think Europe, pre Euro) the single best indica of depreciating currency values (aka Reflation/Inflation) is the rising price of gold.
Have the Central Banks of the World experienced an Epiphany? Found the error of their past policy dynamic and are amending such? Where, for example, has been the great short/lean on the market of late? And suspiciously coincidentwith the revamping of proprietary trading desks? And we seem to be observing additional numbers of central banks initiating Purchases of gold, as opposed to sales. Again, if that ownership class has initiated a period of increasing ownership, why would the same population within the segmented market bet against itself? Is a major dealer squeezing the JPM, et.al. shorts in concert?
Multiple dynamics, none of which seem to bode ill for the PM group.
I agree that the Fed and other powers will eventually turn to Gold as a miraculous salvation. But only after they have lost all control. As of now, they still have (some) control over many aspects of the financial system, including Gold. Just because Gold is going up in price doesn't mean it can't be slammed back down to earth by the powers that be.
It WILL get slammed back at some point. Hold tight.
Col Cooper,
Yep, but until the Global Problems, and Our problems are fixed (NO way),legally.
Artificially slamming it, will not KEEP it down.I do not see how you legislate values on precious metals, that are now globally determined.
@ Colonel and DosZap
Yes, of course gold will get slammed from time to time, whether by Fed tricks or just the normal ebb and flow in the markets.
But, far as I can tell, no problems have been resolved, and hardly any have even been ADDRESSED by TPTB. Until we see some sanity from above (please let us know when you see some sanity Cog Dis!), gold, silver and platinum are great assets to hold. Some guns & ammo for sleep medicine!
Hold tight indeed.
They slam it every day all day long. But every little dip has buyers waiting to jump in. The Liar in Chief may have to fork over a few billion if they want to properly keep the price down. Meanwhile the smart money big boys are jumping in while the water's fine. CNBC may not be aware of the short squeeze coming in the PMs, but if us duffusses here at ZH are paying attention, you know Daddy Warbucks and friends are clued in.
They have the semblance of control, the belief of control, but manipulation is not control.
Notice I said "(some) control". Semantics aside, all it takes is enough control to move the price and the market. In reality, the Fed has little control over many things. Yet they still mange to "control" quite a few things because people believe they have more control they they actually do.
As individuals, we rarely see ourselves as part of a larger body so we believe we have very little control. The Fed sees itself as the center of the financial universe, thus it acts like it has control. In a fractional reserve fiat system, perception is often reality. Meaning perception of yourself and of others.
Single best INDICA? I found that uproariously funny!!!
i'd hoard that too if i were you.
Seeeeeeeeds!
Keep your seeds and stems. I'm happy with the buds, thank you very much. :>)
Good seeds are worth their weight in you know what.
I notice the 10yr is up to 2.75, how much of an indicator is the 10yr?
Not much of one, oddly enough. It's probably the easiest thing for them to manipulate.
Regarding gold and silver, it's mainly just a good hedge against hyperinflation, I wouldn't use it for any other purpose, again due to market manipulation. Specifically, I recommend gold bars and silver coins, with the silver for consumption purchases and gold bars for asset purchases.
Panafrican,
Right on, grab your arse, because we are headed directly in the Jaws of Hyper Inflation............all the talk of deflation is bullshit.
We are already globally seeing Inflation take off, it's jsut a matter of time.
Really, even if you subscribe to the deflation side, you'd be pretty fucking stupid not to put at least 10-15% of your holdings into physical PM's (and I personally recommend at least 25%). In addition to the hedge reason, as was demonstrated in the last market crash, PM's go down way, way less in liquidity crashes than equities and RE. Keep in mind, I'm not even the gold bug type of dude, I still have several properties and hold a few bonds. But when I do the gut check: "My primary purpose here on this earth is to protect and provide for my family", I simply can't not have at least some holdings in physical PM's. It's frankly irresponsibly risky not to.
Why do we keep talking about CNBC? The worst thing someone can impose to mass medias is to ignore them.
Who? Never heard of them...
I agree.
CNBS = Full Mute for me for the last 3-years
I think you mean CNBS.
Doesn't help you to be ignorant of something that affects the opinion of so many people. Most in this country don't pay attention. Of those who do, the TV shapes their beliefs.
Isn't anyone gonna say it?
the b word?
bismuth?
Seriously Snowball,
There is about twice as much Bismuth in the world as there is gold and Bismuth is proving to be useful in making high-efficiency batteries and other things.
It's currently about $1 an ounce, so let me be the first to say:
"Bismuth, Bitchez!"
© all rights reserved
Bismark?
How about bicarbonate of soda. Or tulips. Or anything to distract people from reverting back to good money.
There's no bismuth like show bismuth ...
bratislava ??
President Tiso!
Bates? Bravo?
Are you saying Bates/Bravo is, in fact, a Gold Bitch? As in Gold's Bitch?
Bates has been posting a bit. Bravo is AWOL.
Haha. Yes Gold's Bitchez!
In reality I suspect he is a CIA intern and privately hoarding the stuff for when exit time rolls around.
Gold, bitchez!
I want Johnny D's "expert" opinion LOL
Who Me? I"ll keep sayin' it til we're at 15:1....BBBBBBBBuy Silver.
I thought we were now showing restraint in that regard. The voice in my head keeps shouting it though... nice. Drowns out all the other voices.
4 out of 5 voices say: "Don't shoot!"
too bad im a contrarian
This is a test to see if the ZH community can muster the self imposed restraint not to.
Of course it only takes one loose cannon.
Oh shit! There's a test, too? <sarc>
My parents always worried that I was the loose cannon rolling around the deck in our family.
BANG!
but... but... this just can't be
<OT>Baltic Dry rolled over yesterday and accelerated its decline today, additionally our current account deficit just widened.</OT>
http://www.youtube.com/watch?v=xAeG5xUcjyc
Record gold price bitchez!
if i could i'd be sitting at my desk running my gold coins through my fingers and laughing maniacally. but the one coin I could afford doesn't quite have that same effect.
i think i do have some gold colored poker chips. they don't clink as nicely but anyway i've got em en masse.
p.s. what a blabbering fool larry summers is right now on cnbc.
CNBS has me really worried right now, since they had a short (30 second) segment on gold this morning and they played it shockingly straight- discussed the rise in rational terms, no sarcasm, and ended the segment by saying "gold is a big buy right now"... crap. Time to sell.
Even NPR had a short segment on gold yesterday. As is typical, they interviewed someone who could easily be characterized as "fringe".
No, don't ever sell your gold, never. Unless you have a real emergency that requires FRNs.
Keep your gold and silver. When the time comes, GIVE it away! Like to your children...
Don't forget about SILVER!
It's up nearly a DOLLAR in 4 days!
http://www.kitco.com/charts/livesilver.html
Silver is the real play. Gold is great, silver even better.
"Ka-Ching!"
Where's my other handle JonnyBraveless. I told you not to set price targets Jonny. You said 1220 would be the top. Now you look like a bigger jackass than me.
Jonny: just make up a new handle now and tell people gold is not going higher than 1320, wait, no make that 1420 and do iy quick before this thing goes to the moon
Hey Nads,
I just want to say, of all the sleazy propagandists out there, you're my favorite.
Hi there Sr. VP at JPM JonNadler!
Yes, your underling has not shown up for sometime. Maybe you should dock him a couple of days pay. That'll show him! Oh, and make HIM pay for dinner.
Yes, your advice is good. Make up a new target QUICK! And bash away, still might be some time to get gold down there... LOL.
This is clearly a positive sign for the current Fiscal mannagers of our nations money policy....wink wink!
Think about it this way: it's just the beginning. This is a bull run, and it still has a long long way to go. Wait until John Q. Public finally realizes that Gold has been out-performing all other assets, and has been doing so consistently for several years.
Buy physical, buy the dips. But know this: no matter how far down it goes, it will bound back up.
There will be a time to get out of Gold and to sell almost all you have. But that time is not now. And, no matter what the media say, that bull run is here to stay.
I have heard several guests on Eric King's show describe it as a 3-phase event. This is the early stage of phase 2. There will be a parabola...
These stupid math problems are to hard.
Probabaly, yes - for someone that doesn't know the difference between 'to' and 'too'
Sorry, just had to...
lol, I have screwed up a fair share of them myself... ;)
Holy moly. I'm away for a few days to have a baby and PMs go crazy. (8lbs 7oz and worth her weight in... well, you know!)
Awesome! Congrats and enjoy your little gold bug.
Agreed. Looks like Michele hit the mother lode.
Congratulations. Make sure that little baby receives at least one (large) gold coin as "insurance". :-)
Yes, congratulations. Here's my birthday gift idea:
http://www.apmex.com/Product/58359/2010_W_1_oz_PROOF_Gold_Buffalo___w__B...
Pandas are cute...and Roos too...
http://www.apmex.com/Category/512/Gold_Chinese_Pandas_2010__Prior.aspx
I gave PMs as gifts at Christmas. My hubby thought it was a bad idea (too sensible, no fun) and boy he was wrong. One family member I did not give it to because she'd have pawned it immediately at a stupid price. I gave her a promise of cash to bail her out of a specific problem (I paid the bill I said I would a month later, myself). But it was wild, everyone took very seriously their gold (turned out one knew a lot about it, told the others), and while the one was sad she didn't get any, she acted mature and was real clear about the message I was giving her. I'll help, but on my terms. I'll not see it wasted. Am I an evil relative?
No, no not at all!
(Well probably, but I'm just trying to get on your "nice" list!)
You're already on my nice list. I enjoy your posts.
I did the same. Ounces of silver and fractional Eagles for all the kids in the family. As a result, one of my little girls started asking a lot of questions about PMs. In Feb of this year, she made the decision to convert her life savings of $93.00 into silver. (I'm such a proud papa). She's watched the charts since then, using her allowance to buy on the dips.
p.s. No, you were practical, not evil. I hope that was a good lesson for her.
"In Feb of this year, she made the decision to convert her life savings of $93.00 into silver." - Excellent. With any luck your daughter may, one day, become the POTUS.
If she starts talking about converting the silver into guns and bullets, I think she may be reading ZH behind your back.
I bet you're a good Dad. Beyond the obvious (teaching her about PMs, spending time with her on a common interest), you are doing something else for her that is really special--teaching her self respect. Thanks.
The young lady in question on my side of the fence is nothing short of brilliant. Athletic, compassionate, makes friends with everyone around (bubbly), she just does not have an inner guidance system and is in constant financial trouble. My "gift" was a moving truck to help move her to a location for a job. She is currently unemployed, has been through 3 or 4 jobs since Christmas (depends on how you count these things). Two of them were scamish/abusive, one of them some laws changed and made her job illegal. The question is, is it the economy, the kid, or both? She is having a really hard time of it, and you can't do it for them, and it is just that bad out there that if I didn't have this job, I too could be in her shoes. Just don't know. Parent stuff. Good luck with your kids.
Where do I sign up for this years list?
There's usually one of us in each family. A little "practical" helps the medicine go down.
And it is amazing the change that comes over people when they're holding Gold. And to a somewhat lessor extent, Silver. It's primeval and basic and there's an understanding, a reaching into an internal cache of knowing, that comes over people when they hold PM's.
I did the same last Christmas and it was well received. Boxes and wrapping paper were all over the floor and a few small toys and gifts were almost thrown out because of the mess. But NO ONE lost their Gold and Silver. They knew where it was at all times and they still do.
I've been doing a little research into this emotional reaction, this "feeling", this emotional change that comes over people for a book I'm writing. It's fascinating what the PhD's say about it. You can tell the difference between the PhD's who've actually held Gold and the ones who only think about holding Gold.
Wonder if JB/MB has ever held gold? Could explain some stuff.
Yes, and that's why we like you.
LIVE EVIL
Bwahhaahaahaahaahaa!
I gave $50 gold nuggets to my family 2 years ago as gifts too! My 2 sisters and both nephews each got a 90+% solid nugget, nicely wrapped in a black plastic display box.
I wonder if they still have them...they'd be worth about $80 or more now..
I educated mine not to do Cash4Gold. Nuggets sound fun, I may want one "just because." Oh Santa....Santa....
Are you going to name her Aurie, or Silvia or.....?
Well done, mum!
Is this your first?
Fourth!
Wow! Impressive. I won't bore you with my standard new mom advice then. I have given birth to one only, so I could probably get coaching from you. :-) I bet you really know how to relax and enjoy them by now. I never got to that stage, it is all worry, worry, worry. Congrats super woman!
What's she going to use for her login name? LOL
I had two (grown now), and they cost me their weight in gold.
Good line... you forgot about the gray hair and ulcers though!
Congratulations! I'm glad to see another person on ZH is "dumb" enough to be having babies right now. The wife and I are still 6 weeks shy of the due date, but he's dropping and "it could be any day now" apparently. Nervous and excited don't begin to describe my feelings.
My sincerest best wishes and prayers for your and your baby's health and security.
We hope he/she takes after the missus!