Loading ...Hello Mamare
Just wanted to say on the board for all to see , you are a much appreciated poster.
From what I gather,
1….You , like most here , are a Goldbug
2….You , like most here see all the fundamental reasons Gold should be doing very well going forward
3….You , like most here are somewhat frustrated with our PM Juniors and Explorers.
4….You , like most here really understand the Macro and fundamentals
5….You , like most here appreciate 2 way conversations and charts to have the most balanced view of the present Gold market you can get.
6….You , unlike most here come without charts …..but you enthusiasm and honesty and passionate posts are really welcomed
I Gather you are in Europe ( Italy if I am right ) …please expand on your comment that the European Union may be in trouble AND The Euro using Countries’ dilemma if the Euro continues to strengthen .
Other Euro Zone residents please join in …whats it really like over there Economically and Politically
Do you like a stronger Euro ? Cheap Travel in US-Buckistan ?
Will the Euro survive…its still in its infancy !
PS : How abut you Brits ? Is the Divorce going amicably or will it get ugly ?
Thank you Fully,much appreciated 🙂
What can I say
1 I’m a “forced” goldbug,since I did not sell in 2011 and now I’m forced to hope that gold (especially miners) will became the best investment on earth (but I could be a cryptobug,a potbug,a semibug,a biobug etc…I’m not a gold permabull!)
2 The fundamental reasons for gold to go up are based on hopes and if I must tell the truth,the only REAL reason for gold to go up would be the explosion of the debt bubble. The western world thrives on debt.Pensions,migrants,healtcare etc….are all funded by debt,they lend us money in order to make us buy useless things.There are only 2 ways to solve the debt problem 1: inflation 2: default.But they can also continue to make this debt grow (though it will be more and more difficult from now on). Let’s see what will happen.
3 I’m very frustrated mainly because I was so dumb not to sell at the appropriate time and I would be very grateful if destiny will give me another chance.
45&6 I don’t post charts here because there are people that are masters in doing so,I dare say that there are among the best chartist at work on this site (we all know who they are). It’s important to be balanced because nobody of us knows the future,we can only make guess based on logical reasoning.
The European union have destroyed Europe. They want to force us to erase hundreds of centuries of history in order to create a completely new continent based only on money (the Euro) . But we are very different poeple with very different cultures,languages,economies.
We use the same currency having completely different economies and taxation,they want to create the “united states of europe” ,I hope they will fail,but perhaps the euro will survive and it could split itself into another currency for weak economies.Let’s see what will happen.
If gold will not rise into a potential catastrophic chaos like this…I don’t know what other event will be necessary in order to do so!!!
Anyway I thik we are at an historical juncture,the world post WW2 is over and another world is being born,we are listening to it and seeing the first wails.
Hi Mamare,
I think Europe’s raison d’etre is trying to escape the endless destruction of its constant wars.
The mistake, as is ours,IMVVVHO, is trying to avoid wars by keeping employment high with more and more debt that can only be repaid with money not more debt.
So, the question remains, what is money?
Money is what we (humans) decide it is.
And in order to do so we should have win some wars and have a good arsenal of weapons 🙂
This can last until someone else(china…russia..?) decides that he wants a slice of the cake too.
Well there is a different view 🙂
To the winner goes the spoils….so we need a good old fashioned World War ?
This is very true.
The reason for gold being called money is that most people covet it and are willing to sell if paid in gold.
I suppose a lot of other things could be “money” but surely not paper so, I personally, IMHO, think we need to reset gold back into its traditional place before some major country defaults which will, I think, bring on a very very bad War.