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Posts by "montmorency"

678 Posts Total by "montmorency":
604 Posts by member
montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 18, 2010 17:55
So, you guys don't think this presages a new breakthrough in gold?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 18, 2010 13:39
So, who is currently short gold at the moment, and who is long?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 18, 2010 3:28
In Thread: EUR
Patience.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 15, 2010 17:41
Good point, but if Germany get knocked out early (unlikely I know), I predict productivity will go down over there. (Mind you, that will also happen the day after the night after they win :-) ).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 15, 2010 17:39
In Thread: EUR
There's an old joke about a Frenchman visiting NYC for the first time. He is taken to see the Empire State Building. "It's great; it makes me think about sex". He goes to the Statue of Liberty. "I love it; makes me think about sex". They take him to Times Square. "Fantastique - makes me think about sex". They ask him: "Why does it make you think about sex?". "Mais oui, because everything makes me think about sex".

Some people are like that about buying gold.

:-)

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 15, 2010 15:24
In Thread: USD
@Pipster: If you have not read Ashraf's book yet, you should do so.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 15, 2010 15:22
In Thread: EUR
We were supposed to have seen the bottom at 1.34....1.32....
montmorency
UK
Posted Anonymously
14 years ago
Jun 15, 2010 11:46
In Thread: EUR
http://www.guardian.co.uk/world/2010/jun/14/angela-merkel-germany-coalition-collapse

Hmm....can't exactly be good news for Euroland can it?
Might give our own new coalition the jitters as well.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 15, 2010 11:23
In Thread: EUR
To support what Catnip said about Belgium, recent election results look good for Flemish separatists: http://www.guardian.co.uk/world/2010/jun/14/belgium-flemish-separatist-election-win

I first visited Belgium late 60s/early 70s, and the linguistic struggles were in evidence then, sometimes breaking out into fisticuffs. It has not gone away and has been simmering. I suppose the language thing is really a surrogate for economic issues, as the old heavy industries of the Walloon south have given way to the more modern ones of the north, and the prosperity has shifted from south to north. In some ways it is a microcosm of Europe. It is not quite fair to say they have no production. They are hard-working, as well as fun-loving, people. A bit chaotic sometimes, perhaps :)



montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 14, 2010 13:00
http://www.zerohedge.com/article/us-discovers-nearly-1-trillion-mineral-deposits-afghanistan

"In the meantime, look for gold prices to plunge as the newly uncovered gold deposits are rumored to be "large" enough to once again refill Fort Knox and to push the supply curve three miles to the right."