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12 Charts That Will Make Gold Bulls Furious (the era of crisis is over)
TBI ^
| 2-2-2013
| Joe Weisenthal
Posted on 02/02/2013 10:53:18 AM PST by blam
12 Charts That Will Make Gold Bulls Furious
Joe Weisenthal
February 2, 2013, 10:48 AM
The anti-gold bandwagon is getting more and more crowded.
Analysts Tom Kendall and Ric Deverell of Credit Suisse is out with a bombshell report this morning titled: Gold: The Beginning Of The End Of An Era.
The article argues that the 2011 peak of $1921 was the top, and that now the run of the cult metal is coming to an end.
The argument essentially boils down to two arguments, which are related.
The first is that we're seeing rate normalization. When real interest rates are ultra-low, gold does well historically.
The second is that the era of crisis is over, and so the impulse to hedge against collapse (or massive volatility) is diminishing.
(click to the site to see the charts)
(Excerpt) Read more at businessinsider.com ...
TOPICS: News/Current Events
KEYWORDS: collapse; commofdities; crisis; gold
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To: pingman
I like that a lot. Suppression serves many official purposes.
41
posted on
02/02/2013 5:00:04 PM PST
by
jiggyboy
(Ten percent of poll respondents are either lying or insane)
To: blam
Will someone please pry Joe Weisenthal’s lips from Obamas @$$?
42
posted on
02/02/2013 5:03:11 PM PST
by
taildragger
(( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
To: taildragger
"Will someone please pry Joe Weisenthal’s lips from Obamas @$$?" I can't stand the little ----- either.
43
posted on
02/02/2013 5:31:00 PM PST
by
blam
To: zagger
The day we have real positive interest rates is the day the US goes broke or devalues the currency. Interest rates cannot be allowed to rise since the debt is unpayable. As long as we have negative real rates, gold will be strong.
Yours is the most concise summary of the current economic situation I have heard. BTTT.
44
posted on
02/02/2013 6:02:52 PM PST
by
PA Engineer
(Liberate America from the Occupation Media.)
To: bmwcyle
Good luck with that. I will keep on buying gold and silver.
45
posted on
02/02/2013 6:25:25 PM PST
by
SVTCobra03
(You can never have enough friends, horsepower or ammunition.)
To: jacquej
You have it backwards.
The price of specially printed paper representing blips on an electronic ledger is measured in ounces (troy) of gold.
46
posted on
02/03/2013 5:14:35 AM PST
by
bert
((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
To: blam
All of these charts refer to the US economy. The US has not been a major driver in the gold price increases since 2000 (unless you subscribe to the COMEX fraud via naked short selling view).
47
posted on
02/03/2013 6:47:08 AM PST
by
DeaconBenjamin
(A trillion here, a trillion there, soon you're NOT talking real money)
To: jiggyboy
a silver quarter buying a gallon of gas Wow, you pay $5.75 a gallon?
48
posted on
02/03/2013 6:52:14 AM PST
by
DeaconBenjamin
(A trillion here, a trillion there, soon you're NOT talking real money)
To: bmwcyle
"It is a worthless as cash. I disagree, gold and silver have been money for over 5,000 years, no matter what happens gold and silver will continue to be money.
49
posted on
02/03/2013 7:09:26 AM PST
by
jpsb
To: DeaconBenjamin
The correct form of a rebuttal would be to suggest that I cannot buy a gallon of gas with a silver quarter.
50
posted on
02/03/2013 11:28:26 AM PST
by
jiggyboy
(Ten percent of poll respondents are either lying or insane)
To: jiggyboy
The correct form of a rebuttal would be to suggest that I cannot buy a gallon of gas with a silver quarter.Why can't you buy gas with junk silver? We have local merchants who gladly accept payment in junk silver.
51
posted on
02/03/2013 1:46:28 PM PST
by
DeaconBenjamin
(A trillion here, a trillion there, soon you're NOT talking real money)
52
posted on
02/06/2013 11:13:05 AM PST
by
RebelTex
(Soli Deo Gloria, "To God alone the glory")
53
posted on
02/06/2013 11:24:54 AM PST
by
RebelTex
(Soli Deo Gloria, "To God alone the glory")
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