Hi, I came across your site and wasn’t able to get an email address to contact you. Would you please consider adding a link to my website on your page. Please email me back.
To previous poster. If you are asking that question then you already know the anwser. You do not want any counter party risk from anyone including GoldMoney and Bullionvault.
Dan, I listened to your interview straight after listening to Jim Rickards', and what occurred to me was that the bond market is not pricing in an economic catastrophe, but a war with Iran. If you look at it that way, it would make sense that once war breaks out, the bond market should break out, gold would go up, USD would go up, and eventually the stock markets would go up too (much like after the start of the Iraq war). I would really appreciate reading/hearing your thoughts on this.
I think what we're seeing here is the cartel firmly in control of the action. In a rising equity market, they "allow" gold and silver to go up a little bit. In a market selloff, they hammer it down.
I haven't looked at the COT volume reports in a while, is it possible the MF Global fiasco still has a lot of the spec money on the sidelines? The line in the sand seems to be 1660 and 30.50 as of now. Will we have to see the S&P go up another 3% to 5% to get to 1700/31? Just horrible price action given the general markets. Let's hope it picks up soon.
Hi, I came across your site and wasn’t able to get an email address to contact you. Would you please consider adding a link to my website on your page. Please email me back.
ReplyDeleteThanks!
Harry
harry.roger10@gmail.com
Dear Dan,
ReplyDeleteSorry if the answer was already asked by others, I just hope you'll find a few seconds to answer my question here :
after MF Global scandal, I have one big worry, as half of my gold I bought through 2 companies, namely BullionVault and James Turk's Gold Money.
They also claim that accounts are segregated, with physical 100% allocation of gold, and on the latter, possibility of physical delivery.
But wasn't it the same for MF Global?
Is there a huge risk as well to see my account vanish from these companies and should I really be 100% physical without any intermediate?
Thanks a lot for your answer and for your work,
To previous poster. If you are asking that question then you already know the anwser. You do not want any counter party risk from anyone including GoldMoney and Bullionvault.
ReplyDeleteDan,
ReplyDeleteI listened to your interview straight after listening to Jim Rickards', and what occurred to me was that the bond market is not pricing in an economic catastrophe, but a war with Iran.
If you look at it that way, it would make sense that once war breaks out, the bond market should break out, gold would go up, USD would go up, and eventually the stock markets would go up too (much like after the start of the Iraq war).
I would really appreciate reading/hearing your thoughts on this.
I think what we're seeing here is the cartel firmly in control of the action. In a rising equity market, they "allow" gold and silver to go up a little bit. In a market selloff, they hammer it down.
ReplyDeleteI haven't looked at the COT volume reports in a while, is it possible the MF Global fiasco still has a lot of the spec money on the sidelines? The line in the sand seems to be 1660 and 30.50 as of now. Will we have to see the S&P go up another 3% to 5% to get to 1700/31? Just horrible price action given the general markets. Let's hope it picks up soon.