hey fellas happy new years !!! the the next we gonna kill it !! i'm in miami beach i'm having high level fun hopefully same to you..... 
"Simplicity is the ultimate sophistication" leonardo da vinci
- #176,802
- Jan 1, 2010 7:25am Jan 1, 2010 7:25am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
To ALL FF Members,May Your LIFE be Filled with Little Celebration of Happiness...
Wishing You a Bright, Successful & Prosperous NEW YEAR !
Best Regards
Always looking the GREAT, never left GOOD Point...
- #176,803
- Jan 1, 2010 7:27am Jan 1, 2010 7:27am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
. 2010 Dollar down and Gold will go down also.
will run definitely in GOLD/Silver, cause, why run into other currency in that
matter, when Dollar can and will set the chain reaction of defaults for all Fiat
Currencies. Just think about it, 60%+ world reserves are in Dollars. So
basically if Dollar collapses, then World will lose as much, that's why
World Central Banks Must accumulate GOLD the only real money!
If Dollar is toast, then Gold will skyrocket. Simply, if you take Whole
Worldwide Pile of Dollars in holdings and divide by All Gold available, you
know what the cost of 1/0z will look like.. Yes with buncn of zeros at the end.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,804
- Jan 1, 2010 7:30am Jan 1, 2010 7:30am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Happy New Year! It's just absurd, cause, if Dollar goes down, people
will run definitely in GOLD/Silver, cause, why run into other currency in that
matter, when Dollar can and will set the chain reaction of defaults for all Fiat
Currencies. Just think about it, 60%+ world reserves are in Dollars. So
basically if Dollar collapses, then World will lose as much, that's why
World Central Banks Must accumulate GOLD the only real money!...
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #176,805
- Jan 1, 2010 7:56am Jan 1, 2010 7:56am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,806
- Jan 1, 2010 8:06am Jan 1, 2010 8:06am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Perhaps but I don't believe gold is real money.
Gold in actuality has very little value industrially.
huge Investing demand for it. GOLD is not a commodity.
There is no better store of Value than in GOLD
I don't mean day by day or year by year, I mean generally, long term.
Also it doesn't matter, if anybody believe in it or not. Gold is REAL money always
was and always be. That's axiom. You'll find out, what's real and what's not, when Dollar collapses
It won't take too long
My prediction: SOON all commodities would be trading for Gold only. Or perhaps some new currency
which will be backed up by Gold/Silver/Oil/ and such. Not tomorrow of course,
but this is very logical. Why sell OIL for paper and inc instead of exchanging for the Real stuff, which
actually do have real value.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
I see a spread of 171 pips on the Euro/USD???
Skyzer; you have a point on the "real" value of gold; there would be a lot of zeroes behind whatever the front number is...
Which is precisely why it will not be allowed to happen! All the gold ever mined at a price of $1000 per ounce, would not cover the US deficit for 2009 alone. And that is not accounting for the huge deficits run by every other country.
The numbers are so huge they are irrelevant. The interlocking debts are so complex that they can never be resolved. I see a global economic game, resembling 'neuclear chicken'??? Who will blink first?
We badly need a reset here, but any deviation will be ugly. That is why everyone is so bsy trying to maintain the status quo.
Skyzer; you have a point on the "real" value of gold; there would be a lot of zeroes behind whatever the front number is...
Which is precisely why it will not be allowed to happen! All the gold ever mined at a price of $1000 per ounce, would not cover the US deficit for 2009 alone. And that is not accounting for the huge deficits run by every other country.The numbers are so huge they are irrelevant. The interlocking debts are so complex that they can never be resolved. I see a global economic game, resembling 'neuclear chicken'??? Who will blink first?
We badly need a reset here, but any deviation will be ugly. That is why everyone is so bsy trying to maintain the status quo.
Ah Luv the smell of a good prediction in the mornin! 
- #176,809
- Jan 1, 2010 10:07am Jan 1, 2010 10:07am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
We badly need a reset here, but any deviation will be ugly. That is why everyone is so busy trying to maintain the status quo.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,810
- Jan 1, 2010 10:20am Jan 1, 2010 10:20am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
you sound like a broken record now and are getting boring. USD could have a massive short squeeze .. even as high as 120 on the dx
it is all in the charts
based on weekly gold could come down to 1000. $96 or like gu moved 960 pip.
Intraday gold is in a channel 1110 to 1090 , about 200 pips wide.
who really cares if gold goes to 750 or if gold goes to 2000. As long as volatility is there I am making a load of cash trading it.
not just that but something very interesting in the chart on monthly is this bear div in rsx ... each peak in gold is actually weaker then the next ... doe this show that over next 2 years we may have some major form odf pull back in gold ... who knows.
I have been trading gold intraday .....defimed sellers at 1110 for now , buyers 1090. once thsi channel breaks daily range limits will be changed
what r u a trader or a guesser ?
it is all in the charts
based on weekly gold could come down to 1000. $96 or like gu moved 960 pip.
Intraday gold is in a channel 1110 to 1090 , about 200 pips wide.
who really cares if gold goes to 750 or if gold goes to 2000. As long as volatility is there I am making a load of cash trading it.
not just that but something very interesting in the chart on monthly is this bear div in rsx ... each peak in gold is actually weaker then the next ... doe this show that over next 2 years we may have some major form odf pull back in gold ... who knows.
I have been trading gold intraday .....defimed sellers at 1110 for now , buyers 1090. once thsi channel breaks daily range limits will be changed
what r u a trader or a guesser ?
Happy New Year! It's just absurd, cause, if Dollar goes down, people
will run definitely in GOLD/Silver, cause, why run into other currency in that
matter, when Dollar can and will set the chain reaction of defaults for all Fiat
Currencies. Just think about it, 60%+ world reserves are in Dollars. So
basically if Dollar collapses, then World will lose as much, that's why
World Central Banks Must accumulate GOLD the only real money!...
Blogging daily now at www.volume.zone
mean 'bring on the ugly..
I've had some discussions recently with a couple of old freinds who witnessed the 1930's depression. They had that attitude. They viewed a 'Depression' as a cleansing event. Sadly, they have not kept pace with the realities of the modern world.
The reality of the post 2000 AD world is that we, 7+billion people, exist on a knife edge. The global food supply is reduced to near 20 days. This food supply is concentrated in a few areas and is highly dependant on modern infrastructure and technology for it's production and distribution. Anyone who looks forward to a disruption of this delicate balance, is in my mind a total psycopath. And if you think holdings of gold/money/or weapons, will insulate you, you are seriously deluded!
I've had some discussions recently with a couple of old freinds who witnessed the 1930's depression. They had that attitude. They viewed a 'Depression' as a cleansing event. Sadly, they have not kept pace with the realities of the modern world.
The reality of the post 2000 AD world is that we, 7+billion people, exist on a knife edge. The global food supply is reduced to near 20 days. This food supply is concentrated in a few areas and is highly dependant on modern infrastructure and technology for it's production and distribution. Anyone who looks forward to a disruption of this delicate balance, is in my mind a total psycopath. And if you think holdings of gold/money/or weapons, will insulate you, you are seriously deluded!
Ah Luv the smell of a good prediction in the mornin!
- #176,812
- Jan 1, 2010 10:40am Jan 1, 2010 10:40am
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #176,813
- Jan 1, 2010 10:43am Jan 1, 2010 10:43am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Just checking gold chart , it seems ready to go 1167 to 80 again befor the down.
Interesting ! so eu bears to be more cautious indeed.
fontu
I bet 1000 break out level is tested
Blogging daily now at www.volume.zone
- #176,816
- Jan 1, 2010 10:56am Jan 1, 2010 10:56am
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
