Bob's Gold Price Column

tag:blogger.com,1999:blog-89585002009-11-08T08:44:36.668-05:00Bob's Gold Price ColumnObservations on the market action and the implications of the gold and silver markets.goldpricenoreply@blogger.comBlogger344125tag:blogger.com,1999:blog-8958500.post-24904961200678954792009-11-08T08:40:00.003-05:002009-11-08T08:44:36.680-05:00Gold, Silver and US Treasuries

US bonds have been going up at a good rate since the early 1980s. This can not last much longer considering the number of USD being created out of thin air, which means an equal amount of debt is being created for each USD. This, when the problem is too much debt in the system to begin with. Nutty, crazy, incredibly irresponsible action! Why would the price of bonds keep going up as the US

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-72785972079566053722009-11-06T06:15:00.003-05:002009-11-07T23:12:30.987-05:00Gold, Celente, What's Happening

The economic/financial "shake, rattle and roll" is about 2 years old and is continuing. There are no green shoots. Those with decent stashes of gold and silver will feel less of it than those who are not prepared, which if current investor sentiment is any guide, most are not.In 2007 global investments were about 200 trillion dollars worth. Now that may be down to 150 or even 100 trillion dollars

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-14559450878173577042009-11-04T11:11:00.002-05:002009-11-04T11:12:40.254-05:00HUI Index and Gold Possibilities.

The HUI gold bugs index of gold and silver related shares could very well be around 640 in 6 months:There is no real telling how high gold can run up, but it has huge room to run. Expect really big volatility as gold runs up. Big moves both ways, up and down. This applies to silver, too. "Be right. Sit tight."- The great Jesse Livermore

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-11613689043179859732009-11-03T09:17:00.003-05:002009-11-03T09:18:52.304-05:00Silver Could End Up Being Priced As High As Or Higher Than Gold

Mike Maloney - Gold should reach $15,000/oz!Here is the youtube.com link to see and hear Maloney explaining why.At the moment, gold has a USD price over $1,000. Silver has a USD price under $20.Here's the thing. It could be that the US Treasury has been leasing gold to other parties that in turn sell it for USD to invest in something else. If true, this could help explain part of the reason that

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-20232987598530945012009-10-31T12:24:00.017-05:002009-11-01T03:55:15.977-05:00The Recent Gold Price Action Is Saying The Fed And Other Western Central Banks Are in Desperation Samba Mode

Over the years governments have been selling their gold to keep the gold price down. To keep the canary in the coal mine from making noises. Well, they are running out of gold to sell. They can't make gold like they can fiat tokens. The US Treasury probably has well less than half of what they say they do. There has not been a public audit of the gold in the US Treasury since the '50s. Why would

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-76466388818682319262009-10-29T15:20:00.003-05:002009-10-29T15:22:55.911-05:00US Dollar, Silver, The Re-emergence of Gold

From The Privateer's end of week wrap up 'Gold This Week':If you are content to have your government take care of your financial future, then the Gold price is, or should be, reasonably irrelevant to you. If you are NOT content, then it should be of the HIGHEST interest. That is especially true if you are not buying Gold with $US Dollars. In terms of many other major currencies, Gold has hardly

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-51994684795478362202009-10-28T02:41:00.002-05:002009-10-28T02:45:12.444-05:00Gold and Silver Can Offer Some Protection From Insanity. Francisco d'Anconia. Realistic Inflation Adjusted Gold and Silver Charts

Some reasons for the prices of gold and silver going up. It does not matter much which government fiat token you use to price gold. Most governments are in a competitive fiat token devaluation action. One government that is in horrendous financial shape is the US. It is blowing up its budget deficit. Where/who are they going to borrow from? The deficit will be well over a trillion USD. The rest

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-67611347788986476502009-10-27T07:16:00.002-05:002009-10-27T07:17:36.344-05:00Gold, Goldfinger, Celente, Garrett, Bought Economists

Shirley Bassey singing Goldfinger - Live at Royal Albert Hall Gerald Celente does not see much hope for the US:*****"The general shape of this universal delusion may be indicated by three of its familiar features. First, the idea that the panacea for debt is credit." - A BUBBLE THAT BROKE THE WORLD, By GARET GARRETTThe above link is to a free version of the book. A 186 page .pdf down load.

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-22655753196142355822009-10-24T04:42:00.001-05:002009-10-24T04:44:13.930-05:00Gold and Silver Ceilings Are Now Floors

For well over a year, gold has been up against a ceiling of about USD 1,000. It has decisively broken through that level. That ceiling for gold is now a floor for gold. The upside down head and shoulders patterns turned out to be good indicators of the future of the price of gold.Since too many people's heads are in the sand, took the blue pill, with a controlled US mass media, they are not aware

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-87685761404862209812009-10-23T08:01:00.002-05:002009-10-23T08:03:16.032-05:00A Review of Gold, Silver (Final Settlement) and Economic Basics

If you think through the reality below, you'll see that ownership of gold and silver in your own hands is a no brainer:***Start some basic 'ol reality:If you are going to go to work in the construction trades, there are some simple basic things you need to learn no matter, literally, which trade you choose.Some of these are: 1. How to determine if something is level (perpendicular to the pull of

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-33308063685338894792009-10-14T12:15:00.003-05:002009-10-14T12:17:38.236-05:00An Amazing Gold Related Chart

Since the beginning of this decade, staying in general US stocks/equities has been a loosing proposition.The Dow Index priced in gold:Can you imagine what some US real estate index priced in gold must look like? Yikes!!!!****Wait till this build up in central bank reserves (debt) make it out into the economy:This graph is from Hugo Salinas Price's article entitled:22/September/2009A new Magna

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-30713283510779648232009-10-11T09:55:00.004-05:002009-10-11T10:31:27.944-05:00Three New Gold Highs

Gold has established a number of new highs.All time gold bull market monthly high:All time gold bull market weekly high:All time gold bull market daily high:Gold has broken into new high territory and is in the process of making another significant run up priced in government fiat tokens which are declining in value (purchasing power). Amazingly, many in the English speaking world do not get what

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-56154171923839381552009-09-03T14:51:00.002-05:002009-09-03T15:11:37.583-05:00Possible Gold and Silver Breakaway Gaps

The recent gap ups in price on these gold and silver charts could very well be break away gaps, gaps destined not to get filled (prices going back down to the bottom of the gap before heading back up).These charts include Thursday's gold and silver prices."You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-66194593076810162662009-09-03T06:49:00.002-05:002009-09-03T07:13:50.345-05:00Gold Break Out

Gold broke out of the bullish triangle of the right shoulder of the bullish upside down head and shoulders pattern. Another bullish aspect of this move is that on Tuesday, gold went up despite the USD going up .8 on the index and oil moving down.A daily bar chart:This weekly bar chart does not show Monday's, Tuesday's and Wednesday's prices:Willie of the Golden Jackass writes:"Forty years ago in

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-78719478694186476272009-08-19T09:52:00.004-05:002009-08-19T10:51:59.421-05:00Gold Could Be Bottoming Here

Gold could be bottoming here (Wednesday), again, or rather yesterday, Tuesday, the 18th:Today's morning gold price action. Heck, gold did get down to the bottom of the triangle, the up trend line of the triangle on the 6 month and 2 year charts. :The 6 month chart:The 2 year chart:The 36 year chart:When gold blows, it will take most by surprise. That it goes into the $thousands will take most by

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-81035727127954838342009-08-15T12:59:00.007-05:002009-08-16T06:33:33.961-05:00Buy Gold and Silver Now

Buy Gold and Silver Now. Do not wait for the blast off into new high territory. It will probably take people by surprise and be relatively fast. Gold and silver have been building a big, over a year long base. The bigger the base, the bigger the move up. And, don't be fooled by the talking heads in the mass media. Most are clueless. We are just in the eye of the storm at the moment.Many of the

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-82096885472187219392009-08-05T08:18:00.002-05:002009-08-05T08:19:44.153-05:00The US Dollar

The US dollar makes a new low as it heads down from its rally:Not a pretty looking picture.*****Peter Schiff, one of the few that told it like it is for a number of years, gives his take on the state of the economy. If nothing changes (nothing in sight yet), in 10 years, the US could be a wasteland. This video is new, dated August 3.*****The new Austrian silver coin:*****The physical possession

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-21546244731977204832009-08-04T14:15:00.002-05:002009-08-04T14:22:20.584-05:00Gold And Silver Are Chomping At The Bit To Run

Gold and silver are chomping at the bit to move higher, a lot higher. Gold and silver will roughly move inversely to government fiat tokens. Gold, silver and the HUI outside reversal days at the end of the first week in July were significant.6 month chart of gold:6 month chart of the US dollar:2 year chart of gold:2 year chart of the US dollar:9 year chart of gold:9 year chart of the US dollar:

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-74082343081236718222009-08-04T14:06:00.002-05:002009-08-04T14:07:42.078-05:00The AMEX's Gold Bug Index - HUI

The HUI (a gold bug index of gold and silver companies) looks like it is getting ready for a significant move up as it formed an upside down head and shoulder pattern:*****Why You've Never Heard of the Great Depression of 1920*****"Another Time - Same Place:The place is, of course, the United States. The data is from the Statistical History of the United States:Real wages for the working man

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-18325171654875562962009-08-01T08:12:00.005-05:002009-08-01T09:13:45.411-05:00Crash The US Economy or Trash The US Dollar

If the US Treasury and the Fed create too many US dollars (that do not represent any new wealth what so ever, just increased US Treasury and Fed debt) to try to fend off (delay) the decent into the Greater Depression, they will trash the US dollar. If they do not do that (stop increasing the debt build up in the system) they will crash the economy. Actually, it is crashing already. They would

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-80781110583142006802009-07-26T06:02:00.008-05:002009-08-05T10:11:37.927-05:00Trillions and Trillions of US Dollars

The Big Grin admits it:"We're seeing numbers - trillions here and trillions there. And so I think legitimately people are saying, 'look, we're in a recession. I'm cutting back, I'm having to give up things - and yet all I see is government spending more and more money'."It was just a few years ago that the word "trillion", never mind "trillions", was never mentioned regarding government spending.

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-56470196714976070292009-07-25T06:09:00.002-05:002009-07-25T06:11:03.597-05:00Gold, Silver and Other Atoms

Gold, silver and other atoms are protection from governments and their borrowings thus also protection from their deficits.Many people believe that their government's increased borrowings will be paid in the future by their children and their children's children.Not so. The increased spending by their government will be paid by them, usually in 1-2 years, in the form of higher prices. The US

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com1tag:blogger.com,1999:blog-8958500.post-63473983979615253062009-07-23T08:23:00.004-05:002009-07-25T06:01:06.177-05:00The Fed Controls the Supply of US Dollars

The Fed Controls the Supply of US Dollars and therefore, sooner or later, the price of the US dollar. The Fed has only been around since 1913. It is not needed at all since it is the main culprit behind the Greater Depression that the US has entered into. This is something that should be done be a market(s), not a central bank. The issuance of money and currencies should be done completely by

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-53691827250087747442009-07-14T18:55:00.004-05:002009-07-15T07:30:16.110-05:00Outside Reversal Days for Gold, Silver and the HUI

Monday produced outside reversal days for the gold price, the silver price and the HUI:Gold Price Chart (click the chart to enlarge)Silver Price Chart (click the chart to enlarge)HUI chartAn outside reversal day is a day when intra day prices went lower than the previous days intra day prices, and intra day prices went higher than the previous days intra day prices, and the closing price was

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0tag:blogger.com,1999:blog-8958500.post-38323553549500839712009-05-29T23:18:00.003-05:002009-05-30T01:04:32.894-05:00New Gold Price High

The gold price has made a new monthly closing high in this current bull market in gold.There are going to be many money managers and other types that will sit up and take new notice of gold because of its new bull market monthly high closing price. This is an all time monthly gold price closing high, too.

Bobhttp://www.blogger.com/profile/09244817033388738333noreply@blogger.com0