Real carry trade play atm.

Yen and AUD up strongly, all others weaker.

We’ve got one bigger than that.

No, I can’t eat them.  The Abos can, though.

Fully…

If your broker fails, it’s gonna be a mess, of course; that’s the hopin’ and prayin’ part.  I didn’t get certs before they stopped offering them at Fidelity.  As to turning in for the metal, don’t know.  Guess you have to check with CEF (but I doubt it; don’t think it works that way.  I always understood it to be buying shares in an enterprise  that holds bullion, but not owning any bullion directly by virtue of being a shareholder.) (Over and out for tonight…)

ferret…Margaret2

..can you eat them ?

Are you telling me that you had that in your back yard!

That’s a small one.

You wouldn’t want 44 of them in your pants.  They’ll take you on, too, you should have seen the size of the telephoto lens, I wasn’t getting that close either!

Imagine having 44 of those in your pants!

Ferret.

I’m not going anywhere near THAT! One thing’s for sure, if he has a pedigree, it’s a long one, like his tail.

Not pretty, is he? Are they all like that over there?

Margaret, dunno. You can ask him if you like.

Monitor Lizard

Amals..LOL

Krugerleafeagle…..

……thinking of buying CEF in a tax defered account…it is truly the next best thing to phys

…….but I wonder if you dont keep the certs..what happens if your Broker fails…. that might defeat the purpose…..do you know if you can actually turn in the certs for gold…..that would make them the only truly paper on a gold standard….

Ferret

Lizards. Ticks. Like I told you - at least ours have a pedigree.  Have yours?

Ahhh, so the lizards had ticks?

That’s why it made the news.

Not even a recession here!

Local house prices roaring, Melbourne’s just exceeded $500,000 average for the first time, but some softening in northern NSW, according to Ozibatla.  Plenty of jobs, graduate physios getting $100,000 for their first job; admittedly in the country, but by no means beyond the black stump.

Floridagold. Ferret.

The story is the tick inspector is working at the airport now. For some reason, he has taken a great liking to the X ray devices. Much more rewarding that knocking on doors.

Ferret.  Not stirring again, are we?

FGC @ 11:56

My CEF is in my brokerage account at Fidelity.  Don’t have the certs.  Hopin’ and prayin’ and I guess counting on my cherished single gold, um, er, Krugerleafeagle.

Its not a depression for everybody

I just saw a sports news cast…Cabby and Kobe..

..turns out Kobe Bryant (basketball star for the LA lakers )….spends $300,000 a year for a private helicopter to take him to work daily…including practices

fg 21:59, I don’t think that is newsworthy ………

…… for New Zealand.

Floridagold 21 28

:)

thats a Beaut

Margaret - news from New Zealand

Man caught at New Zealand airport with 44 lizards in pants

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/01/26/international/i140829S94.DTL&tsp=1#ixzz0dmHZiHlL

Nichols…says ….Patience my Pretties !

Gold could not really get going to the upside on Tuesday, but it was actually a pretty solid day considering the strength in the dollar index.

I’ve written in the past how the dollar index does not always have such a dramatic inverse correlation with gold, as it is more a reflection of the global flow of capital between paper currencies. But lately the movement in gold has been inversely correlated with the dollar index.

This has been a very good thing for gold throughout this growth pattern, as the dollar has been hammered. But occasionally the dollar will move up for a 38.2% retracement, and that looks to be the case now — just as gold is testing back down 38.2%.

There should be much more trouble ahead for the dollar in 2010, as gold powers up to a top, but the dollar will have its time to shine in 2011 - 2012, as gold comes back down.

Economist Martin Armstrong– who originally observed the 8.6 year cycle in financial markets — is expecting a similar path for gold, with a big move up in 2010, followed by a test of support into 2012 or so. But he thinks out of that test gold will then rebound and make dramatic new highs — perhaps as high as $5,000 — into 2016, forming a major top precisely 17.2 years (8.6 x 2) from the bottom in 1999.

That sounds entirely plausible to me too, but I want to keep an open mind on the longer-term. According to the templates from previous parabolic growth patterns, nothing is as certain following the 64-month peak and the subsequent drop, but a move up to new highs into 2016 would certainly be most welcome.

In the short-term, gold has not done all that much as far as recovering the last drop, but it has formed the foundations for a potentially powerful reversal pattern.

All it will take now is a solid breakout over $1,103, and gold should be able to move right back up to at least $1,130, and more likely right back up to the $1,140 - $1,145 energy zone. There could also be a temporary delay getting through $1,110.

But I think gold has plenty of time to waffle around here, as we can’t expect much upside beyond $1,145 until mid-February — more specifically, right around Feb. 17th — but we should not expect much more downside either.

It looks to me like gold will be range-bound between $1,092 on the downside — with perhaps some temporary overshoots under there — and $1,145 on the upside, into Day 64 for this cycle. Gold is at Day 52 now, so this will take a few more weeks, giving the weekly fractal dimension time to get back over 55.

From there, gold should work itself into position to rocket higher, with the real upside energy hitting after March 17th, when the new 86-day cycle starts.

So we’ll have to be patient here, but the reward should be 2 straight 86-day cycles — 8 calendar months — where gold moves up in a nearly-vertical ascent.

Gather at the new Tent Poll….and

….Vote Vote Vote

mob.jpg

Sticking my neck out again

Before I get to the controversial, I want to thank all who expressed concern for my dad.  I brought him home from the hospital today.  It is amazing to see someone seemingly near death just two days ago, walking by himself to his bed.  Praise God! (I hope that ain’t controversial)

Now does anyone have any  knowledge as to the truthfulness of the allegations by Steve Kangas of the CIA’s involvement in these crimes and atrocites?  Interesting that he make no mention of  the CIA’s involvement in JFK’s, MLK, and RFK’s assasinations.

Ron Paul and a Timeline of CIA Crimes and Atrocities

y2kdon @ 8:35 am on January 26, 2010

Yes I have. Thank you for posting the link. Lots of smoke and mirrors in the markets, so its good to see so much thoughtful analysis.

TQ

aggie

just got my son a hearthstone wood stove and all the pipe. this one has all the makings for lots of downed power lines. the generator business is boomining, again.

rno