muses of the moment

July 10, 2013

Negative Gold Rates

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 10:21 am

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7 Comments »

  1. GG,

    Pinch me, I’m famous.

    OK, not really, but my question on this article made Martin’s blog. Martin did not include my link to the zerohedge article, so other than myself and those who read your blog and see this post, most people may not understand what my reference to “this article” in the question means.

    And, boy, I thought I was long. I was just looking for a yes or no answer. I got an article in response (about 2 1/2 hours ago). Near as I can figure, Martin must have been working on the article and my question dovetailed in nicely.

    Bottom line: Gold in backwardation (the zerohedge “inversion” article) just means that most traders think gold will continue to fall against a rising dollar.

    -Lemming

    Comment by Lemming — July 10, 2013 @ 1:03 pm

  2. GG,

    Sorry, I forgot Martin’s blog link:

    http://armstrongeconomics.com/2013/07/10/public-v-private-cycle-inversion-the-dollar/

    -Lemming

    Comment by Lemming — July 10, 2013 @ 1:06 pm

  3. Very cool, Lemming!!

    Comment by totallygroovygirlfriday — July 10, 2013 @ 8:19 pm

  4. Lemming … Martin published one of my questions a few months back … I’m quite honored. Congrats! I just sent him another one yesterday regarding cycles. I have about 10 of his cycles cut out and pinned to my office wall. I asked him what additional cycles does he track. He once mentioned a weather cycle. Not sure if it’s in his computer model.

    Comment by MikePhila — July 12, 2013 @ 1:08 pm

  5. As I read Armstrong’s articles I am very pleased to see that he is giving out an awful amount of valuable information. My initial thought was … “gee, I wish there was a forum for us to talk about this information because I need clarification!”. Then I remembered the small group that meets here on GG’s blog. … I’d like it to be more interactive here. GG does a great job of posting the articles. I read them from Martin’s site and from GG’s. I usually then have the question “so what!”. I think I sometimes need to be spoon fed on what the information means to me directly. I”m not a financial guru (I’m in IT), but it’s one of my hobbies. I’m usually looking at his information to determine what I should do to a) make money b) protect my money. See! Martin is correct. We are ALL selfish at the core!

    Anyone else thinging this way at all or is it just me?

    Comment by MikePhila — July 12, 2013 @ 1:12 pm

  6. Haha, this must be the blog where people write to MA congregate. He published an article I sent him late last year, I was surprised like anything.

    Comment by Firebug — July 15, 2013 @ 7:06 am

  7. Very cool, Firebug!

    gg

    Comment by totallygroovygirlfriday — July 15, 2013 @ 10:10 am


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