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ARCHIVED DISCUSSION FROM 1/27/2006 All times are U.S. Mountain Time (Yesterday's Discussion.) Henri (1/27/06; 19:01:56MT - usagold.com msg#: 140939) melda laure - new silver I count 25 isotopes of silver on your table only 1 is stable (107)6 have half-lives that are "colorable" on the chart. the rest are "unstable"...my guess is that the new isotope of silver is not even listed here. Ni-58 and Ca-40 are the lowest atomic numbered stable isotopes of those slammed together. Failing loss of a nucleon in the fusion process the heaviest it could be is Ag-98 (off the chart)...interestingly the two protons ejected are hydrogen nuclei which in a stellar furnace (sun)are more fuel for fusion. Loss of two protons from Ag-98 would make Rh-96 at best.but at least it is "on the chart" and therefore more stable than Ag-98. PRITCHO (1/27/06; 18:08:37MT - usagold.com msg#: 140938) VANCOUVER, IRAN, RUSSIA, EUROPE - - Another Excellent Article by Jim Willie http://www.financialsense.com/fsu/editorials/willie/2006/0127.html SNIP:The implications to gold are tremendous and not to be minimized. If central bankers around the world, not just in Asia and the Persian Gulf, decide to diversify their massive foreign reserves, they will grab more gold for their vaults. It protects them from declines even as it fortifies their banking systems. It is curious to me that the Petro-Dollar implications extending from Iran to the oil market linkage to bonds and currencys is lost on many analysts. However, the specter of central bank diversification of US$-based reserves is fully understood and DREADED. The concepts are extensions of each other, lost on the financial press. Iran stands as a direct assault on the Petro-Dollar superstructure system.My view is that removal of the Petro-Dollar system could mean an increase of 2% to long-term US interest rates, a 2% increase to long-term US mortgage loan rates, a 20% decline in the USDollar exchange rates, a 20% decline in the S&P500 index, and a 20% decline in US housing prices. The end, or even the sunset, of this system would mean a gigantic lift to the gold price and crude oil price, likely to rise by at least 50%. Goldilox (1/27/06; 16:00:09MT - usagold.com msg#: 140937) Patriot Act gold rules These are so funny. If I buy gold for cash, I'm a terrorist suspect. When Ollie North trades guns directly to despots for heroin and cocaine, he's a PATRIOT - who cares where those drugs hit the street. When Congress asks that very question, George the First slaps a "Presidential Immunity" lid on the whole shebang, to forestall any investigation into the REAL drug business.But DANG, they gotta know where every ounce of shiny is, just in case their "papier de toilette" is no longer acceptable payment to their conquest "contractors". USAGOLD Daily Market Report (1/27/06; 14:39:58MT - usagold.com msg#: 140936) Page Update! http://www.usagold.com/DailyQuotes.htmlThe Daily Gold Market Report has been updated.If you are considering investments in gold we invite you to request our free introductory information packet detailing the products and services offered by USAGOLD ~ Centennial Precious Metals. We welcome your inquiry and look forward to working with you.FRIDAY MArket ExcerptsGold eases on day, up $4.80 on weekJanuary 27 (from MarketWatch) -- Gold futures gained almost $5 an ounce for the week as physical and investment demand remained strong."In a world where news stories continue to make ominous ripples, gold is acting like the thermometer of collective global anxiety," said Jon Nadler, an investment products analyst at bullion dealers Kitco. "The victory of Hamas in the recent elections, the possible transition of Israeli leadership ... and the deepening ramifications of recent U.S. political debacles all have investors with one eye on the exit door from paper (toward liquidity) and (at least) one hand firmly grasping a gold bar -- just in case."COMEX February gold contracts climbed to a high of $564.50, nearing the 25-year intraday high of $568.50 established a week ago. The contract closed down $1.10 at $558.80 -- up $4.80 for the week.Friday's weak U.S. economic-growth report, which also showed higher-than-expected inflationary data, "continues to add to the list of negatives for the U.S. dollar," said Peter Spina, an analyst at GoldForecaster."It is just a matter of time before we have another leg down in the U.S. dollar and this will just add to the luster of gold and silver."Emanuel Balarie, senior market strategist at Wisdom Financial. "Gold has posted new highs in the midst of inflationary concerns and increased global demand," he said, noting that he expects "this trend to continue for years to come, as a teetering U.S. economy and the global demand for an alternate 'currency'."Looking ahead, he expects "gold prices to consistently post new highs in 2006."---(see url for full news, 24-hr newswire)--- melda laure (1/27/06; 13:58:09MT - usagold.com msg#: 140935) (No Subject) http://en.wikipedia.org/wiki/Isotope_table_%28divided%29 Nothing new under the sun. But there are many things unknown to men- thus physics really seems to change!7 isotopes listed for element 47 Ag 105... pffft! ... Rhodium 103 Mthirsty1 (1/27/06; 13:54:53MT - usagold.com msg#: 140934) T.C. Thank you. TownCrier (1/27/06; 13:41:14MT - usagold.com msg#: 140933) Mthirsty1, services http://www.usagold.com/cpm/aboutcpm.html Any one of MK, Jonathan, or George can certainly explain the prevailing myths and realities regarding regs and gold ownership to any client or potential client calling in for consultation, best prices, and the latest info.TOLL FREE 1-800-869-5115Randy Mthirsty1 (1/27/06; 12:52:10MT - usagold.com msg#: 140932) The Patriot Act Ran accross this article in one of my coin magazines.Snip(Section 352 of the Patriot act targets bullion coins with small numismatic premiums,and requires coin dealers to keep records of who buys these coins.)Maurice Rosen,editor-publisher of the Rosen Numismatic Advisory sums it up this way:Quote (Coins that sell for less than double their melt value are subject to the reporting requirements.When gold is 490 an ounce,the spot bullion price of a U.S.$20 gold double eagle is $474.If you double that figure,you get $948.So,if you sell a double eagle for $948 or less,it's reportable.Obviously,bullion coins are all reportable,including the American eagles,Maple Leafs,Krugerrands,etc."And remember,this does not just apply to gold coins",Rosen added."It also affects silver,platinum and palladium coins...all precious metals.If you are a collector who is considering buying bullion or semi-numismatic gold coins in an effort to beat future inflation and stay off the gov.radar,you may be out of luck.)end quote.But the law makes it clear that dealers must come into compliance with section 352-if not in 2006,then definitely in 2007.This law came into affect Jan. 1st.Homeland security and other gov.agencies are using this law to determine if coin dealers are laundering money to fund terrorist activites.I would really appreciate Sir M.K.'S opinion on this subject.M. mikal (1/27/06; 12:24:05MT - usagold.com msg#: 140931) Building the better firecracker Re: radioactive silverDr. Chenwolfrumstein: Igor, have you heard of this strange new isotope?Igor: No Masther.Dr.: No matter. We must try lining some projectiles at once. Proceed to the lab and be extra careful you do not bring it upstairs.Igor: Yes Masther. I will remain there until the job is done, or you call for more gold, whichever is born first. Goldilox (1/27/06; 09:26:01MT - usagold.com msg#: 140930) New radioactive silver @ Henri,Not the isotope I would want in my vault!(:^) Goldilox Henri (1/27/06; 09:18:24MT - usagold.com msg#: 140929) New form of silver created in lab with unique properties http://www.physorg.com/news10263.html It seems unlikely that this would influence the POS but it is interesting nonetheless. The new isotope of siver decays in a manner never before observed...simultaneous ejection of two protons. Having a deficit of neutrons, a common form of decay, helium nucleas ejection 2protons and 2 neutrons seems unlikely. Is this natures way? The creation of heavy elements within stars is an enigmatic process. Perhaps they will build some kind of gold denerating reaction? Not. Goldilox (1/27/06; 09:17:38MT - usagold.com msg#: 140928) Mass Layoffs - YAWN! http://urbansurvival.com/week.htm snip:No one else seems to bother, but the combination of outsourcing and drooping sales pushed the mass layoffs back near the 150,000 mark in December according to the quietly release Labor Department report out this week. -GoldiloxJust not exciting eough for BubbleTV, I guess. I thought December was one of the months for high temp employment to handle Santa's commitments. As goes Christmas, so goes the retail sector.oops, I'm getting political again!I heard a good one last night.When TSHTF, it never spreads evenly! I wonder if those Nobel economists have algorithms for "excrement dispersion"? Goldilox (1/27/06; 09:10:45MT - usagold.com msg#: 140927) GDP Failing http://urbansurvival.com/week.htm snip:After much hype, shuck and jive about how American workers were increasing productivity, the Bureau of Economic Analysis confessional today just plain sucks. In the fourth quarter, GDP growth was 1.1% annualized. (Compare this with monetary inflation and you can quickly see how we're sliding backwards - in case you haven't been reading the tea leaves or your checkbook lately.) This is the slowest pace in 3-years. Here's a gem of careful text:"The personal saving rate -- saving as a percentage of disposable personal income -- increased from a negative 1.8 percent in the third quarter to a negative 0.4 percent in the fourth. Saving from current income may be near zero or negative when outlays are financed by borrowing (including borrowing financed through credit cards or home equity loans), by selling investments or other assets, or by using savings from the previous periods."In other words, you didn't have to dig in to savings quite as much in Q4 to make ends meet... Wow, what wonderful news, huh? Let's hear it for the administration and CONgress!-GoldiloxAll the puzzle pieces are coming together to spell a nasty "recession", despite all the bruhaha on BubbleTV. Goldilox (1/27/06; 09:03:43MT - usagold.com msg#: 140926) PoG http://quotes.ino.com/chart/?s=FOREX_XAUUSDO Volatility, anyone? Goldilox (1/27/06; 09:02:26MT - usagold.com msg#: 140925) Nice pics @ TC, Do these photographers relaize they are handling collectables? I would never stack coins like they do. Knallgold (1/27/06; 09:02:16MT - usagold.com msg#: 140924) Silver lease rates -usually lease rates rise with short attacks-could this be Another February Buffett ghost? ski (1/27/06; 08:45:48MT - usagold.com msg#: 140923) Silver Lease Rates .... What's Up Here? Silver lease rates appear to be going almost straight up for the past three days. This is very uncharacteristic.Thoughts? TownCrier (1/27/06; 08:20:20MT - usagold.com msg#: 140922) What is the biggest risk when choosing gold as your savings? http://www.usagold.com/webads/gold-coins-13.jpg Up to your chin in wealth, you may have a hard time tying your shoelaces. (click url)Problem solved -- wear sandals and slippers.R. 968 (1/27/06; 07:59:40MT - usagold.com msg#: 140921) @ Sir MK Thanks for your letter and insights (which are highly appreciated) !- According to your letter, it seems that mostly weight, and NOT valuation is important.- Gold cannot be valued in a monetary vacuum. If I own a lot of gold and there is no monetary system that is able to denominate the value of my goldwealth, what is the purpose of owning gold ?- What is the function of the US gold, valued always at the same 42$. IF mark-to-market is of so little importance, WHY DOESN'T THE TREASURY REVALUE ITS GOLDRESERVES ????????- "In other words, gold should not be penalized simply because it has performed well." Why does gold is penalized for its performance ??? The ECB 'creates' more money now on the basis of higher valued/priced gold, and less on forex. Let the Eurosystem sell its surplus gold to everyone who wants to join this practice ! Isn't that a nice evolution in favor of gold ??? If this system is followed by others, it CREATES Central Bank demand for gold !- You mention the European CB goldsales, WHO was the buyer and WHY did they bought it ???? WHY did the European Central Banks sold it to exactly those enitities ??? I presume not the have a lot of weight in their vaults, but to experience one day that their gold is VALUED appropriately !- If one wants to put a new reserve system into function, I presume some gold has to be REDISTRIBUTED in order to supply some to the 'coalition of willing' that stand behind a new reserve system ? Could it be possible that there is a big systematic scheme behing the European gold sales ? Of course, the easiest way is to say that all CBers are lunetics that sell their precious yellow metal.- "If the European Central Bank were truly gold friendly, which is a question that remains in the air" Can you please name a few actions that ECB has done in the past that were unfriendly to gold ???? WA, CBGA are they gold-unfriendly ???? Since the introduction of the euro, the POG has done nothing else then........rising. A coïncidence ?- WHY does the ECB sells forex ON THE BASIS OF HIGHER PRICED (OR VALUED) gold, and not on the basis of the weight of their goldreserves ?My excuses for my bad english.Kind regards,968 TownCrier (1/27/06; 07:46:15MT - usagold.com msg#: 140920) For those who missed this splash of "eye candy" yesterday http://www.usagold.com/webads/gold-coins.jpg A portable portfolio that's worth more than a thousand words...R. TownCrier (1/27/06; 07:20:14MT - usagold.com msg#: 140919) Gold gets bold http://news.moneycontrol.com/pf/news/news_detail.php?autono=199772 (2006-01-27) -- Globally, gold has been considered a must-have in your investment portfolio. Gold mitigates risk, diversifies your portfolio and offers you great liquidity. It is for these reasons that gold as an investment is gaining popularity worldwide.Globally, investments in gold increased from USD 3,410 million in 2002 to USD 6,250 million in 2004 – some of them in physical form and some in paper. In India itself, investment in gold in the form of bars and coins almost doubled...Today, gold forms 10% of average Indian asset allocation. But, most of this gold is in the form of jewellery – something that is looked upon as a status symbol to be sold only in distress. Jewellery by itself has a major drawback – there is a loss of around 30% due to making charges.Then what would be the ideal way to invest in gold? Sanjeev Agarwal, Managing Director-Indian Sub Continent, World Gold Council (WGC) suggests that physical gold can be bought from banks like ICICI Bank and HDFC Bank. The banks have started to sell 10 gm denominated gold coins. These coins are of 99.99% purity. If you sell these coins or bars in the market, you will get the full value of gold without any loss due to making or melting. Financial planners recommend a systematic investment in gold. Certified Financial Planner Gaurav Mashruwala and his wife Pranati did exactly that. They have been buying 100 grams of physical gold every year for the last 10 years. They make their purchase every Diwali. Over the last 10 years, they have managed a return of 8.5% per annum.^---(from url)---^The rest of the article is a pitch at 'paperizing' over Indian gold offtake with i-gold.Why is it that we don't see companies like IBM, Motorola, or Ford pushing with equal vigor to market and sell a similarly paperized sort of their computers, cell phones, and automobiles?Think about the crossroads upon which the goldmarket now stands. It has been paperized for decades (hence its apparent abundance on the investment scene and consequently the cheapness of its price), and the driving forces are shouldering the wheel to continue turning the corner toward the value liberalization of a physical based pricing mechanism.Paperization scemes as seen here are mere time-management speedbumps along the roadway to meaningful change.R. Cavan Man (1/27/06; 07:08:08MT - usagold.com msg#: 140918) SELLING PHYSICAL GOLD?? At these levels I have more than a double. A couple of years ago I thought I'd sell half at these levels and hold onto the rest for a free ride--much as I do for spec jrs. Guess what--NO WAY. Holding LONG....CM (and buying for savings) TownCrier (1/27/06; 06:43:23MT - usagold.com msg#: 140917) Cavan Man, for your entertainment, here's yet ANOTHER SIDE of the coin... http://www.usagold.com/cpmforum/archives/1220061/default.html Click archive link and scroll to this first post of the day:TownCrier (1/12/06; 00:14:08MT - usagold.com msg#: 140380)Eurosystem continues long trend, dishording foreign paperAs you can see from that post, if it's good for nothing else at all, at a minimum it shows that we've at least given readers exposure to thoughts on both sides of the issue.Speaking personally, I think it's unusually rare to find that sort of wide balance of views these days emanating from any single organization, and it surely serves to foster well-equiped perspectives for the trail-blazing journey ahead that we all face as this gold market continues to evolve.R. Cavan Man (1/27/06; 05:51:30MT - usagold.com msg#: 140916) USAG 140914 ....and the congregation(s) said, AMEN! BTW, stellar POG action overnight--cheers! Black Blade (1/27/06; 05:44:04MT - usagold.com msg#: 140915) TownCrier: Oil-Splattered Gold http://www.nationalreview.com/nrof_kucewicz/kucewicz200601260859.asp Here is another follow-up:Snippit:Gold Signals, Yellow and BlackWhat they're telling us about inflation, wealth, and geopolitical fears.For months, gold has been giving a false inflation signal. Oil's steep price rise is part of the reason, but other important factors include growing anxiety over Iran's nuclear intentions, increased personal wealth in countries like India, and international asset reallocation by OPEC members.Prospectively, Iran looks to be the single most important issue on which the prices of yellow gold and black gold (i.e., oil) will pivot. Tehran's nuclear ambitions are certainly a nettlesome problem. But are they intractable? Maybe. Point is, concern over Iran's desire for a nuclear device could put intense upward pressure on petroleum and gold, especially if a trade embargo is imposed. The biggest danger would be if monetary authorities were to monetize the oil price rise (as happened after the 1973 oil embargo).Black Blade: A rather simplistic view IMO. Gold is rising for many other reasons including the simple fundamentals of supply-demand. However, the article does give a nice take on the oil:gold ratio component (see link). MK (1/27/06; 05:11:13MT - usagold.com msg#: 140914) An open letter to 968 Dear 968,Most of us are experiencing the postitive effects of gold's rising in our portfolios. The nominal effect of that rising has put our gold holdings as a higher percentage of our overall holdings. Unlike the European Central Bank (as well as the French, Belgian, Netherlands and Portugese central banks) though, few of us are talking about ridding ourselves of gold in this environment in order to bring those percentages in line with some preconceived notion of what that number ought to be. In other words, gold should not be penalized simply because it has performed well. It should not be banished for being a good friend. Few of us have started buying dollars with our gold simply because the dollar portion of our portfolios is underweighted, and if we did, people in the know about finance would see it as twice foolish -- once because we sold our ultimate hedge and twice because we took in an underperforming currency to replace it (take your pick). A more practical approach for your average central bank might be to put the analytical team to work attempting to ascertain why that is the case and how likely that trend is to extend into the future. That, by the way, could lead them to become gold buyers, like some notable others.If the European Central Bank were truly gold friendly, which is a question that remains in the air, it would consider the gold weight in its portfolio -- its physicality -- not whatever currency number is attributed to it. It should be adding weight to the portfolio in an era when virtually all currencies including its own issue are underperforming gold. And the same priniciple goes for Bundesbank and the French and Belgian central banks. Simultaneously, like their private counterparts, the central banks should be congratulating themselves for their wisdom in holding gold, not patting themselves on the back with one hand, like the Swiss central bank did yesterday, for their gains in dollar appreciation while selling off the ultimate performer with the other. That sort of "left-handed" logic might look good to an uneducated public, but to those of us who know the real score in the world of currencies today, it looks a bit self-serving (to state it kindly).I sincerely do not see this as "working." I mark my gold to market every day. That does not qualify me for sainthood in the gold pantheon. The fact that I am not a seller and that I add weight to it regularly does. Gold ownership does have its perks. The European central banks would be well-served to make a collective attitude adjustment. The world has passed them by. One wonders why the press in the United Kingdom by and large ignores the fact that the Bank of England sold the lion's share of its gold at prices below $300, and sat back rather quietly on the subject while the price went to $560. The Bank of England is marking its gold to market, it just has substantially less of it to up value now than it did when the gold bull market run began -- a lesson that others might take to heart.Respectfully,MK_______________________Sir Henry Tapsell in a speech before the British parliament:"The whole point about gold, and the quality that makes it so special and almost mystical in its appeal, is that it is universal, eternal and almost indestructible. The Minister will agree that it is also beautiful. The most enduring brand slogan of all time is, 'As good as gold.' The scientists can clone sheep, and may soon be able to clone humans, but they are still a long way from being able to clone gold, although they have been trying to do so for 10,000 years. The Chancellor [of the Exchequer, Gordon Brown] may think that he has discovered a new Labour version of the alchemist's stone, but his dollars, yen and euros will not always glitter in a storm and they will never be mistaken for gold." Belgian (1/27/06; 04:13:18MT - usagold.com msg#: 140913) @Knallgold For the time being, the goldprice is still capped in the commodity box ! But there is definitely some (strong) pushing at this ceeling. Look for the gold : CRB - chart >>> Brian Bloom (GE).You will see the change in gold-behavior, when it happens.Read how a Mister Munck is ...panicking. Topaz (1/27/06; 03:01:46MT - usagold.com msg#: 140912) Option action gives cause for optimism. http://www.crbtrader.com/data/default.asp?page=quote&sym=GCJ5&mode=d With a differencial of only 900 the Vol/OI looks Bullish for Feb Gold I'd think.50k on FND will do nicely! 968 (1/27/06; 01:45:15MT - usagold.com msg#: 140911) 2005 annual result of the Swiss National Bank www.snb.ch SNIP :"The sharp rise in the gold price and in the US dollar led to high valuation gains.""Roughly one-quarter of the National Bank's assets are held in gold. Last year, the goldprice per kilogram rose by 36%, resulting in valuation gains of CHF 7.4 billion on goldholdings."------------------------------------------------------------------------------------------------------------------------MTM is working ... Knallgold (1/27/06; 01:40:35MT - usagold.com msg#: 140910) POG behaviour If you knew the Goldmarket in the late nineties-now,this feels like the same but lopsided.Everytime it likes to correct,it will be bought.Is this guided by the same invisible hand?The slope of the curve is getting close to the one we experienced in 79/80.Yes,this is the revaluation part,last chance for tickets.Noble1:"As markets currently exist (good you hedge a bit-KG), arbitragers will most likely take care of any shareprice/PG discrepencies."Imagine a AAA rated vehicle and a B-vehicle.Will the arbitrageurs always bring the price differencies close to zero or will they put on a certain discount? ViewYesterday's Discussion.
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