CrunchTimes

Tweets / 2010-07-16

admin — Fri, 16 Jul 2010 15:50:00 +0000

Inflation leaves savers struggling to keep up http://is.gd/dsOvK #
Britain's true national debt £3,800,000,000,000, says #ONS http://is.gd/dsNsY #
Moody's warns of worse to come and cuts Portugal's credit rating. #
Indian #inflation stays above 10% http://is.gd/drsUf. India is the world's largest gold consumer. #

Tweets / 2010-07-09

admin — Fri, 09 Jul 2010 15:50:00 +0000

RT @JamesGRickards: #China #039;s SAFE not buying gold aggressively because market "too thin" http://bit.ly/cEK2F6. Think about that for a sec. #
The one chart all #gold #investors should look at http://is.gd/djYuQ #
#EMU break-up risks global deflation shock that would dwarf Lehman collapse, warns ING http://is.gd/djTn2 #
Chen Lin: Gold Stocks Poised for Breakout http://is.gd/djTlc #

Tweets / 2010-07-02

admin — Fri, 02 Jul 2010 15:50:00 +0000

Is the double dip under way? #
#Gold touching the highs again. A downward correction in the #USD could add wings. #
RBS tells clients to prepare for 'monster' money-printing by the Federal Reserve http://is.gd/d7CnK #
G20 summit: UK banks told to boost funds by £130bn http://is.gd/d7Clz #
Staying strong and #SIlver back through $19. #
RT @StephenBove: Gold vertical through 1250 on NY open… #

Tweets / 2010-06-18

admin — Fri, 18 Jun 2010 15:50:00 +0000

RT @SerenasAttic: Owners hang onto their gold, anticipating a further rise http://bit.ly/aripTF #
Investor gold appetite will drive prices, base metals doom and gloom exaggerated http://is.gd/cOJ5U #
Mined gold production falling but costs up 24% world-wide http://is.gd/cOJ0H #
http://is.gd/cOItd Survey finds $20 billion of hidden Aussie gold #
One to watch – $1 trillion in untapped mineral deposits in Afghanistan http://is.gd/cOHaA #

Tweets / 2010-06-11

admin — Fri, 11 Jun 2010 15:50:00 +0000

RT @USAGOLD1: Bernanke: "I don't fully understand the movements in the gold price." #
Wooah someone just bought a lot of Gold. http://www.kitco.com/charts/livegold.html ($20 climb) #
Silver demand has outpaced silver production by 156% annually for 19 consecutive years #
Silver is the most used commodity in industry next to oil. #
Silver Stocks: Supply and Demand http://dailyreckoning.com/silver-stocks/ #

Tweets / 2010-06-04

admin — Fri, 04 Jun 2010 15:50:00 +0000

Gold falls below $1200. #
Warning Signs Of Full Spectrum Collapse Are Everywhere http://neithercorp.us/npress/?p=512 #
RT @BloombergNow: JPMorgan London Unit Gets Record $49 Million FSA Fine http://bit.ly/9tj1ZC #

Duck Tales Inflation Lesson

admin — Sat, 29 May 2010 15:07:34 +0000

If it keeps duplicating it could ruin the economy!

Dollars and Sense

admin — Sat, 29 May 2010 14:49:15 +0000

It all makes perfect sense, expressed in dollars and cents, pounds, shillings and pence.

Truth don’t change.

Tweets / 2010-05-28

admin — Fri, 28 May 2010 15:50:00 +0000

Speculators are buying gold faster than the world’s biggest producers can mine it http://is.gd/cnbTO #
Gold bulls claim price could double to $3,000 in five years http://is.gd/cjbLs #

The Bank of Mattress

admin — Sun, 23 May 2010 17:14:28 +0000

Inflation has hit 5.3pc in the UK, and no savings account pays higher. The Sunday tabloids have run articles pointing out that your bed is now as good as your bank. Your mattress returns -5.3%. The Halifax Liquid Gold savings account returns -5.25%. Gold (bullion), incidentally, was up 25% in 2009.

The Office for National Statistics recently revealed that the UK savings ratio has hit a six-year high. The figures show that the average UK household is now putting away 5.6 per cent of its monthly income for savings, compared with a mere 1.7 per cent at this time last year.

Where will it all go? Unless people like setting fire to their earned money (I make that distinction) there will be a search for yield, and I expect this to be supportive of equity and commodity prices in the near term. People will also demand higher base rates from their governments & central banks, but who knows if that’s going to be even possible looking at the substantial debt burden.