Comments on: Gold bullion surging in all currencies http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:16:44 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: RodgerMitchell http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232727 RodgerMitchell Fri, 06 Nov 2009 20:40:37 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232727 In Prieur du Plessis's post, substitute the word "housing" or "electronics" or "tulip bulbs" for the word "gold" and you will see something very familiar. Then read: http://rodgermmitchell.wordpress.com/2009/10/28/fools-gold/ Rodger Malcolm Mitchell In Prieur du Plessis’s post, substitute the word “housing” or “electronics” or “tulip bulbs” for the word “gold” and you will see something very familiar. Then read: http://rodgermmitchell.wordpress.com/2009/10/28/fools-gold/

Rodger Malcolm Mitchell

]]> By: wunsacon http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232612 wunsacon Fri, 06 Nov 2009 16:28:26 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232612 >> This proves that the rise in gold is not merely speculation. Citizens of many countries are worried about their governments or others attempts to inflate their currencies via the printing press. Or maybe it suggests that gold is in a worldwide bubble? (No, I don't really think so. So, I'll hold onto my tiny allocation to gold.) >> This proves that the rise in gold is not merely speculation. Citizens of many countries are worried about their governments or others attempts to inflate their currencies via the printing press.

Or maybe it suggests that gold is in a worldwide bubble?

(No, I don’t really think so. So, I’ll hold onto my tiny allocation to gold.)

]]> By: Pat G. http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232359 Pat G. Thu, 05 Nov 2009 21:33:24 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232359 "The gold price is not only making headway in US dollar terms, but also in most major (and minor) currencies as illustrated by the table and graph below." This proves that the rise in gold is not merely speculation. Citizens of many countries are worried about their governments or others attempts to inflate their currencies via the printing press. “The gold price is not only making headway in US dollar terms, but also in most major (and minor) currencies as illustrated by the table and graph below.”

This proves that the rise in gold is not merely speculation. Citizens of many countries are worried about their governments or others attempts to inflate their currencies via the printing press.

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232286 Mark E Hoffer Thu, 05 Nov 2009 18:06:34 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232286 this: "As printing presses are running at full speed to produce ever-increasing quantities of fiat money as governments engineer the greatest asset price reflation in human history – and the US greenback is heading South – the longer-term fundamental case for the yellow metal is arguably positive." --PdP, above Highlights what I never understood about the 'Deflationists' POV.. LSS: they act like the 'dollar', or any other, current, Currency, isn't hypothecated from thin-air.. with that, many forget that Price is a Ratio, and, as the denominator falls, apparent Price goes Up. Lastly, I'm surprised, in light of the factual underpinnings of our current schema, that more peep aren't noting/delineating/'arguing' the case of targeted 'deflation' with, concurrent, selective 'inflation'.. It's, now, more than ever, a PoliSci-Fi 'Economy' we're (sleep-)walking through..be "LinkedIn", or carry the weight of the "Chain(g)", and hope that you're left with some to buy that Latte.. this: “As printing presses are running at full speed to produce ever-increasing quantities of fiat money as governments engineer the greatest asset price reflation in human history – and the US greenback is heading South – the longer-term fundamental case for the yellow metal is arguably positive.”
–PdP, above

Highlights what I never understood about the ‘Deflationists’ POV..

LSS: they act like the ‘dollar’, or any other, current, Currency, isn’t hypothecated from thin-air..

with that, many forget that Price is a Ratio, and, as the denominator falls, apparent Price goes Up.

Lastly, I’m surprised, in light of the factual underpinnings of our current schema, that more peep aren’t noting/delineating/’arguing’ the case of targeted ‘deflation’ with, concurrent, selective ‘inflation’..

It’s, now, more than ever, a PoliSci-Fi ‘Economy’ we’re (sleep-)walking through..be “LinkedIn”, or carry the weight of the “Chain(g)”, and hope that you’re left with some to buy that Latte..

]]> By: Brendan http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232285 Brendan Thu, 05 Nov 2009 17:40:17 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232285 Yup, fiat currency is clearly dead; we'll all be walking around with bags of gold dust any day now. Gonna' need some really accurate scales to pay for a $5 latte though (that work out to, about 140 miligrams of gold @$1100/troy ounce)! Forget investing in gold, I should invest in lab grade scales, since every shop's gonna need one soon. :roll eyes: Yup, fiat currency is clearly dead; we’ll all be walking around with bags of gold dust any day now. Gonna’ need some really accurate scales to pay for a $5 latte though (that work out to, about 140 miligrams of gold @$1100/troy ounce)! Forget investing in gold, I should invest in lab grade scales, since every shop’s gonna need one soon. :roll eyes:

]]> By: emmanuel117 http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232280 emmanuel117 Thu, 05 Nov 2009 17:21:06 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232280 $, pound, yen, yuan, dinar, rupee. QE, yuan peg, petrodollars. All ONE TRADE, kids. $, pound, yen, yuan, dinar, rupee.

QE, yuan peg, petrodollars. All ONE TRADE, kids.

]]> By: davossherman@gmail.com http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232277 davossherman@gmail.com Thu, 05 Nov 2009 16:59:23 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232277 Gold, the other currency. The septic tank is getting clogged as some 24 nations circle the drain, masking the fall of many Fiat currencies since we compare one to another. Way to go Bernake, Congress, Geithner, Paulson, Rubin, Greenspan. 80++ trillion in debt. How Havard boys made a Zimbabwe dollar. Gold, the other currency. The septic tank is getting clogged as some 24 nations circle the drain, masking the fall of many Fiat currencies since we compare one to another.

Way to go Bernake, Congress, Geithner, Paulson, Rubin, Greenspan. 80++ trillion in debt. How Havard boys made a Zimbabwe dollar.

]]> By: Lord Blankfiend http://www.ritholtz.com/blog/2009/11/gold-bullion-surging-in-all-currencies/comment-page-1/#comment-232276 Lord Blankfiend Thu, 05 Nov 2009 16:48:47 +0000 http://www.ritholtz.com/blog/?p=43153#comment-232276 We have gold leaf on all the bathroom fixtures here at 85 Broad. Want to buy some? We have gold leaf on all the bathroom fixtures here at 85 Broad. Want to buy some?

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