just checking in ..hic.. to wish all ..hic-burp.. a very very happy new year..hic n hic… 
wj
www.icq.com/greetings/cards/74/
ps: arch i’m perplexed by your no-fill above the close. please check your figuring? this can’t happen on amex. cheers. wj
Thanks…wishing you the best for the new year.
An enema is required for the flushing of the enigma we have faced for generations… since 1913.
….best to you in 08 Facts……
….you are a great contributer too……
…Everybody have a look at this…its very enlightening…
….for the past 5 years…ther has been NO leverige in HUI vs Physical….
…..if you just held a mix of Physical Gold and Silver…you would be equal with the HUI…
…..thats surprising….also look at OIL and SILVER…both up over 200%
….which is a good reason for the PM stocks to be so flat wrt the Metals….
…..the price of their product is way up but so is their cost of mining it (OIL)
For some…it’s profits.
For some…it’s power.
For others…it’s a really good bowel movement.
America is in need of a really good bowel movement…
Our best chance… Ron Paul for President!
Burma Shave?
I had a (small) order to buy at $3.02 that did not fill. I noticed a 50,000 share dump on the close. I do not know what that means. Only stating what I see. Looks to me we test the low of 2.74…. the market will show us what comes next
your chart is unclear or has some big mistakes in it. Please check and edit if necessary. Thanks for the efforts. Maybe I am too stupid to read and understand it? some figures appear to be in the wrong columns? Deadeye
You manage to come up with the greatest…funniest stuff. Thanks for a good laugh…hope you have a great 2008.
putting away wood for the opening months of 2008, bring you golden rewards in 2008
…very interesting….gives great amunition for helping convert friends and relatives….great work..
the other day but I think I should at least get a BOOBY prize for nominating Jon The Con Nadler as he wins the 2007 MOTY award.
Coupla DD will do. Come to think of it, in the spirit of Christmas with our Downunder gold brothers/sisters, I would like six white boomers… Pamela Anderson and her 2 sisters!
Cheers, Happy New Year and lifejackets for all goldbugs for a stormy 2008. Iceberg dead ahead, mm
The Gartman Letter, which closed the year with a model portfolio exclusively long gold, today expressed liking for the technical situation of the metal:
“We have to consider the possibility that the consolidation that took place from late October into early last week was a “half way” consolidation… and if so, what the implications are? Certainly it is not bearish. The only question is “Just how bullish is it?” The answer is that it might be quite bullish, for if we measure from the lows of $640/ounce to the mid-point of approximately $800/ounce, then we can measure toward $950-970/ounce as a reasonable objective and it may take 2-3 months to accomplish.”
***
Looking forward to 2008 and all the praising, bitching, and solid info to be found only under this tent. Let freedom ring!
Wishing everyone a most enjoyable and healthy new year!
……………..2007 2006 2002 1yr 5yr
………………………………………………………………………………………
DOW 13833 12908 6615 +7% +109%
DOW in
$CDN 13794 15046 10449 -8% +32%
DOW in
GOLD OZ 16.58 20.30 19.04 -18% -13%
$US INDEX 76.71 83.43 101.85 -8% -25%
LOONIE 1.0028 .8579 .6331 +17% +58%
OIL $96.15 $60.95 $31.20 +58% +208%
GOLD $834.50 $636 $347.50 +31% +140%
Silver $14.80 $12.85 $4.78 +15% +210%
HUI INDEX 409.37 338.24 150 +21% +173%
of GOLD &
SIL. STOCKS
“An optimist stays up until midnight to see the new year in. A pessimist stays up to make sure the old year leaves.”
…………Bill Vaughn
~ ~ ~ ~
Hoping 2007 was as good to all here as it was for me and that 2008 lives up beyond all of our expectations!
Cheers!
JBI
13,191,200
A Happy, Healthy and Prosperous New Year to all our campers.
Thank you for all your wishes, wisdom and kindness. You are one of Poster’s Paradise’s real treasures, to say the least. I’ve been reading your posts now for about 2 years and have also read some of your editorials at GE more than once, always appreciating your style. I hope that 2008 will bring you and your loved ones much joy and that, somehow, you can find the time to share more with us here at our TENT. You are very much appreciated. Thanks a mil!
God bless!
JBI
….a post one can keep going back to…..all the best in the New Year…..Your posts are gems….a touch of Class every time……
“”A Happy New Year isn’t likely for the economy
‘As Stephen King, the chief economist at HSBC puts it, “the excess liquidity of recent years has gone down the plughole. In its place is a credit squeeze,” which indicates “a financial system in crisis.”
‘This credit crunch – the most important economic development in 2007 – means that banks are hanging on to their cash and have become more cautious both in who they lend to and how much they want to lend.
‘This year, central banks like the Bank of Canada have been concerned primarily with injecting liquidity into the financial system in order to prevent a financial collapse. A liquidity crisis occurs when financial institutions cannot generate immediate cash to meet their obligations because the assets they hold cannot be quickly converted to cash.’ “”
======================
Comment: Storm clouds have been building for years; people for various reasons lost the ability to ‘read the clouds.’ And so, we are facing a big storm, largely the public is unprepared. Only a few years after banks were allowed to step outside traditional banking and enter the brokerage and insurance businesses, these latter two areas could become giant albatrosses around the banks’ necks.
Well, there is alot more that could be written. John Galt, bless his soul, has written over at his site that we should educate our near and dear. Really, just how to do that is a big question. ‘A prophet is despised only in his own country and in his own house.’ [Matthew 13:57, New Jerusalem Bible] For many, having lived all or most of their lives in a period of generally rising prosperity, it is outside experience and therefore imagination imo to think about the ‘what happens next thing’ if the fearless leaders were merely Syrens singing us to our doom, or even that they could do such a thing.
Now that the global financial climate is warming up, is it simply the warm autumn before the storm of deflationary winter?
This coming year will bring challenges, and I wish all goodwill that the character and other personal qualities needed by each of us, and our leaders, will be found in sufficient quantities to steward our longsuffering world to better times. May each of us come closer to a true relationship with that part of Eternity within us which is our Guide and Counsellor. May we be thankful for the good in our lives, and may we live in peace. TQ
Could be H&S top, but might simply be a rising channel [Connect the summer and October highs, and the August and November lows.] Since mid October a flag has formed, from just under 12,800 to near 13,800; with breakout near 13,400 we could see a new all time high of near 14,400 by end of February.
Of course, all that could simply be just some fuzzy headed bad cold induced fantasy.
Happy days to all good souls, TQ
Very well said sir. May we all live full and helpfull lives from here on out. And as Dusty stated, …never let time or distance separate us in the tent.
Love ya all!
that at some point Mr. Mc (holder of 21 % of shares of US Gold the last time I looked) might need to consider a corporate name change. I posted to that effect at 18:24 on 4 Dec. 2007 when, in reference to an interview with Jimmy Carter, I mentioned that ”the ex-president lamented that the U.S. has never been disliked internationally as much as it is disliked now. So maybe, just like a China name on a label is bad for marketing toys right now, maybe the U.S. brand name on a PM stock is not the most savvy thing for a corporate leader to do right now”. Take that quote from Goldtent 4 Dec as a <g> if you wish, but I think there is a stock marketing point to consider here. We own some warrants of US Gold and we would like this company’s stock to show positive results, but I do think there is a long wait in front of us before that happens.
Wishing you a pleasant 2008 in the PM markets and in your personal life.
In my little box I see a 1000 Kronen banknote of 1902. Also a Reichsbanknote of 100,000 Marks, from February 1923. They are now novelty items, occassionally found for sale at some coin shops.
On ebay we can sometimes see gold coins from the same era.
When I asked at an important used book shop in a prosperous part of town for the used books on financial history I was told:
‘ They don’t sell. We give them away to Goodwill or other charities.’
This morning at 8:30 a.m. some of the news included comments like:
‘US equities finished the year higher, but suffered a bad fourth quarter as a result of the subprime mortgage crisis.
British Prime Minister Gordon Brown is optimistic that Britain can withstand the challenges of the world liquidity crisis.
‘Experts fear that the worst of this crisis is yet to come, but are optimistic about the stock markets.’
===========================
Some related columns:
www.thestar.com/Business/article/289254
‘British home prices keep sliding
www.thestar.com/Business/article/286011
snip:
‘Anatomy of a credit crunch
‘Who would have thought questionable loans to Sacramento trailer-home buyers could someday trigger a global credit crisis
Dec 16, 2007 04:30 AM
David Olive
Business Columnist
‘The cavalry rode to the rescue of the global financial system last week. We hope this unprecedented bailout works, because nothing else has since a worldwide credit crunch tied to U.S. “subprime” mortgages began in August. … ‘
www.thestar.com/Business/article/289575
‘Subprime fiasco to dominate early 2008′
www.thestar.com/Business/article/289401
‘U.S. new-home sales plunge, prices slide
‘Worsening house market slump is heightening fear that the U.S. economy may be thrust into recession
Dec 29, 2007 04:30 AM
‘WASHINGTON–The United States housing market plunged deeper into despair last month, with sales of new homes plummeting to the lowest level in more than 12 years.’
www.thestar.com/columnists/article/289574
Snip:
‘A Happy New Year isn’t likely for the economy
‘As Stephen King, the chief economist at HSBC puts it, “the excess liquidity of recent years has gone down the plughole. In its place is a credit squeeze,” which indicates “a financial system in crisis.”
‘This credit crunch – the most important economic development in 2007 – means that banks are hanging on to their cash and have become more cautious both in who they lend to and how much they want to lend.
‘This year, central banks like the Bank of Canada have been concerned primarily with injecting liquidity into the financial system in order to prevent a financial collapse. A liquidity crisis occurs when financial institutions cannot generate immediate cash to meet their obligations because the assets they hold cannot be quickly converted to cash.’
======================
Comment: Storm clouds have been building for years; people for various reasons lost the ability to ‘read the clouds.’ And so, we are facing a big storm, largely the public is unprepared. Only a few years after banks were allowed to step outside traditional banking and enter the brokerage and insurance businesses, these latter two areas could become giant albatrosses around the banks’ necks.
Well, there is alot more that could be written. John Galt, bless his soul, has written over at his site that we should educate our near and dear. Really, just how to do that is a big question. ‘A prophet is despised only in his own country and in his own house.’ [Matthew 13:57, New Jerusalem Bible] For many, having lived all or most of their lives in a period of generally rising prosperity, it is outside experience and therefore imagination imo to think about the ‘what happens next thing’ if the fearless leaders were merely Syrens singing us to our doom, or even that they could do such a thing.
Now that the global financial climate is warming up, is it simply the warm autumn before the storm of deflationary winter?
This coming year will bring challenges, and I wish all goodwill that the character and other personal qualities needed by each of us, and our leaders, will be found in sufficient quantities to steward our longsuffering world to better times. May each of us come closer to a true relationship with that part of Eternity within us which is our Guide and Counsellor. May we be thankful for the good in our lives, and may we live in peace. TQ
show strength at the end of the day whilst everything else sold off. It seems like further evidence of de-coupling. Hopefully everyone who wanted out of UXG is now out and we can move up from here. Same with CDE and GRS.
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