Last:426.56    -4.44

Gold going up this year?

THE CAULDRON’S FLAME AND FIRE

The Tower of Babel’s collapsing
And bankers themselves are caught
Their web of debt is everywhere
And governments have been taught

That should the bankers fail
Bankers’ credit will be no more
And governments couldn’t spend
What they do not have in store

So governments give our taxes
To the bankers without our say
So bankers can continue to profit
And continue to plague our days

We pay for even our bondage to debt
We pay for the chains we wear
And we wonder why our governments
Don’t know what from even where

But it’s all too clear and obvious
The answers that we seek
For the rapacious and the greedy
Have always lived off the meek

But the bills for debts’ incurred
Will be paid by all concerned
Including the bankers and government
On the slagheap they will burn

For we’re now in the final days
Foretold in ancient times
Spoken of by the prophets
In rhythm and in rhyme

Fear not the tumult of the days ahead
Fear not what may transpire
For a new and a better world will come
From the cauldron’s flame and fire

Buy gold. Buy silver. Have faith.

Darryl Robert Schoon

Digest below, when u feel now d market is rull n dull. Cheers.

How to buy gold bullion is very important to know these days as it is perhaps the best gold you can buy. Once upon a time the only gold one could buy were the large 400 ounce gold bars or gold coins such as Krugerrand. Time change and nowadays there is a tremendous variety of gold bullion in the form of solid gold coins and bars from many mints and countries. You can now buy gold bullion bars as small as 1 gram or a 20th of a troy ounce. Of course buying gold bullion bars in such small quantities is not very practical as the cost is so high. The mark up on tiny gold bars includes expensive packaging, certificates and the profit margin of the dealer you are buying from. You should buy the highest gold bar weight you can afford as you will pay less premium per ounce or kilo that way. As the gold bar price goes up, the premium per ounce decreases also. However, you may want to buy smaller one ounce gold bars if you think you may need to sell some of your gold bars from time to time to cover unexpected expenses. Often the premium for ounce gold bars is not that much higher than for the larger gold bars. What Is Gold Bullion Gold bullion is either gold coins and bars of various types, sizes and weights. The bars come in a variety of sizes and weights from as small as one gram worth a few dollars to the one ounce, ten ounce, one hundred ounce and one thousand kilogram bars as well as the traditional 400 ounce bars or ingots used by large companies and institutions. All gold, when bought comes at a price and a premium over the spot price (market price), and this changes day by day. The smaller the bar or coin, the larger the premium. There is a specific cost to fabricating gold and that does not change very much. Of course the fabrication costs for gold cons is much higher than bars as they are struck to a much better finish. They are therefore much more expensive to purchase and not really ideal for a gold investor. What Is The Best Gold Bullion To Buy When buying gold bullion it is better to buy gold bars in the largest size you can afford. The larger the gold bullion bars you buy are, the closer to the actual value of gold you are likely to get for your money, with a proportionately less margin to pay. There will always be some margin to pay but this can be reduced down to virtually 1 or 2 percent with the larger gold bullion bars. Of course you do have a rising scale of storage and security to attend to so there is a balance to be drawn. If you can afford the 400 ounce gold bullion bars then it is likely you can afford the transport and storage fees associated with such a large value of gold. Most gold bullion bars of such size are generally kept in bank vaults. If you purchase a 1 gram bar then you will likely pay twice the value of the actual gold. However your security or storage problems will be minor. It will fit in your pocket or could be hidden in your house and virtually impossible to find. How To Buy Gold Bullion Bars Basically it starts with, how much are you going to spend? Some things to keep in mind are: Get the current value of gold per ounce or gram in USD. This is the standard used. Compare this to the price of the gold bullion bars on offer. Pick that gold bullion bar or those gold bullion bars that more closely match your spending budget and offer the lowest margins. Ask yourself, "do you really need a certificate?" This is valuable if you later need or want to resell the bar. But, with the smaller gold bullion bars, unless you are prepared to hold onto it for some considerable time, you are unlikely to get your money back due to the margin you have to pay unless the value of gold rises remarkably. Once you have chosen what you want, you simply pay for the bar and await its delivery. Most people collect gold bullion as a way if preserving or increasing their asset base. Some collect it just as a rewarding hobby. Whatever your reason, if you are thinking you would like to buy gold then the above information will assist you to understand how to buy gold bullion bars. Want to know how to protect your wealth with Hallmarked 999.9 Physical Pure Gold Bullion Bars, Gold Ingots & Gold Coins Collection? Further More, Customer Can Turn Their Savings Into Physical Gold Bullion Bars Today With Potential Returns Of 24% Per Annum According To The Amount Of Gold Bullion Bars Purchased When Buy-Back Guarantee Apply At The End Of Each Month Of Purchase Agreement. Start Buying Gold Bullion Bars With Us Now! We offer Physical Gold Bullion Bars ranging from 100 Grams to 1 Kilo Gold Bars. [100 Grams - 3.215 oz] .999+ Pure Gold Bullion Bars [1 Kilo - 32.15 oz] .999+ Pure Gold Bullion Bars If you intend to buy gold bullion bars at the low price and sell gold bullion bars high in the future, you may sell gold bullion bars back to us too. You may click on Live Help button or contact me via mobile provided to find out more information. If you cannot reach us through Live Help, you may leave us a message with your name, email address, contact number and we'll response to you within 24 hours. FREE chat by Volusion

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you are right if financial upheaval come about, but i dont see it happening...so ETF is just another investment vechile...

Take a look at gold and silver stock..only some are reliable...really got stuff in their mine to bet up..

Normally, with $ strengthening..gold collapse...but this time it actyually rally...side by side..why?..you find out yourself..

with the dollar going down i see dow to rally .but i believe this is just a sucker rally..

contd to vest in gold and silver...for myself..you DYODD.

near term gold may corret to 880..as stock soar...but come April...when more cockroach crawl out under the fridge...gold and silver will soar..

Even if it doesnt over time it will, with CBs pumping cash to save the economy...eill give rise to high inflation..long gold ,silver and commodities.

can start accumulating gold on dip..reached support..

Saw today's news on GIC commenting abt owning gold?

For those who are interested in GOLD's technical chart (by Jason Perl)
 

 

TDMACRO_03MAR2009.pdf 183K View as HTML Download

Gold starting to retreat from its overbought position..

mere consolidation during the bull phase..

a good entry level would be 87.77 at its major support level..

My advice sis not to touch gold ETF, read my postimgs "Where Do All The Gold ETFs Get Their Bullion From? " which I copied & paste below:

Danger of trading Gold & Silver ETFs, fyi:

http://jsmineset.com/index.php/2009/02/12/where-do-all-the-gold-etfs-get-their-bullion-from/

http://www.financialsense.com/editorials/turk/2007/0305.html

http://www.financialsense.com/editorials/rubino/2007/0410.html

U can buy gold savings thru UOB as I believe Banks in S'pore are safe & should, imo, be backed by gold in their safe vault.

Also read all the postings under "GLD US$" thread, a wealth of info there posted by all our fellow kind forumers sharing.

Based on all the postings & articles i read in kitco & TA, imo, it is now overbought & correction should be forthcoming, so for me I have sold & waiting for pullback b4 buying again.

As usual dyodd.