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Pondering Gold

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Replies: 193
By:
Mrben
When: 03 May 12 12:05
gold falls from 1671 to 1643 in virtually a straight line in 2 daysLove
By:
Mrben
When: 08 May 12 12:24
gold hits 1626

melly inconsolable with his 1680$ optionsTongue OutTongue OutTongue OutTongue Out
By:
Menelaus
When: 08 May 12 12:32
Options????

I'll go pull the floor boards and check the bullion I've been accumulating over the years to see if it says "options" on it.

Get it through your head numbskull, some of us can afford to accumulate the real stuff, not waste our time fooling around with a $5,000 trading account on igindex. It shouldn't be hard to "get it through your head", there's nothing in there.
By:
Mrben
When: 08 May 12 13:07
under the floorboards?LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh

got a million dollars stuffed in your pillowcases as well?

try a  few cliches next time why don't you. dipstick.!!

melly- get help,

can't wait for your next fantasy post where you will "double your money {bac} "Tongue OutTongue OutTongue OutTongue OutWhoopsCry
By:
FINE AS FROG HAIR
When: 08 May 12 13:36
Maybe Menelaus even has gold bars stuffed in his pillowcase for safety sake?. After all who can you trust theses days to store it for you ?
The resultant difficulty to get a good nught's sleep might then go a long way to explaining his constant irritibality with all and sundry ?
By:
Mrben
When: 08 May 12 13:52
melly cannot  currently reply as gold just dropped 10$ to 1615. He is currently tearing up his floorboards in order to liquidate his holdings.

Except he cant find a buyer.ExcitedExcitedExcitedExcitedCry
By:
FINE AS FROG HAIR
When: 08 May 12 13:58
Maybe he should sell his house " as is " instead ?
It is in a prime location after all, isn't it ?
By:
Mrben
When: 08 May 12 14:13
1610- not a floorboard left as casa mellyLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh

what a dkhead
By:
Menelaus
When: 08 May 12 14:21
To: benny the clown

From: the Betfair team

Re: your drive to two million

We are so impressed with your relentless drive to be the first to post two millions smiley faces that we pledge to send you that 52" flat screen TV that you always wanted but couldn't afford.

In the meantime, we suggest you keep taking your Tegretol to keep your seizures down to a minimum.

Good luck.
By:
Mrben
When: 08 May 12 14:36
did you srcatch your hands pulling those floorboards up melly?ConfusedConfusedConfusedConfusedConfusedConfusedConfusedConfusedConfusedConfusedConfusedConfused

to tell you the truth , since we all know you sleep in a cardboard

box under the local bridge ,I was asomewhat surprised there would be

floorboards under said bridge?Silly

gold- 1612- what a relief huh?
By:
Mrben
When: 08 May 12 14:56
1606- how sick are you feeling melly?DevilDevilDevilDevilDevil
By:
Mrben
When: 08 May 12 14:59
1604

Im a buyer here.

exit 1614

stop 1594
By:
Mrben
When: 08 May 12 15:26
mmmmmmm no action now.

still 1604

i want to got to bed. Exit here.
By:
Menelaus
When: 08 May 12 15:58
Is the Tegretol keeping you up benny the clown? Shame....Cry
By:
Mrben
When: 08 May 12 23:04
hows it looking at your place this morning melly?Devil

must be a bit of a train wreck.Grin

when you loaded all your gold bars into the minivan @ 1598 had panic set in?Confused

tell the forum plz- who did you sell that gold to?? The indian family at the local 7/11 , so they could make jewellery with it?WhoopsWhoopsWhoops

by the way-I have no idea what tegretol is, but you seem to have an intimate knowledge of it.Is that your meds that I twigged you must be using so long ago?CrazyCrazyCrazyCrazy
By:
Menelaus
When: 09 May 12 12:13
I never realized the side effects of Tegretol were *that* severe. On the other hand, it's very likely you were born that way.

Hmmmm.........
By:
Mrben
When: 09 May 12 13:10
1586 tonight- any left under those floorboards?LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh
By:
Mrben
When: 14 May 12 09:25
1566

melly melly melly- got any more floorboards to sell?WhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoopsWhoops

melly- you are THE BIGGEST LOSERLaughLaughLaughLaughLaughLaughDevil
By:
Menelaus
When: 14 May 12 12:21
I'm trying to figure out which of my bullion is worth less toady. The bullion I bought at $400, the one at $500, the bars at $600 or the coins at $700. It gets pretty confusing after a while....


P.S. Up the dose on your medications, your fits are definitely getting a lot worse.
By:
Mrben
When: 14 May 12 12:24
hahaahhahahaha

melly- you jack -off.

everyone knows you bought gold at 1680 and bought more at 1630.

you remain- the biggest loser.
By:
Menelaus
When: 14 May 12 12:27
Take your medication, go to sleep for a while.

You'll wake up just as stupid but at least the frothing at the mouth and your shaking will stop for a while.
By:
Mrben
When: 14 May 12 12:43
Blogger: Menelaus's blog


If history is any indication, you may want to consider stocking female hygiene products (use your imagination) instead of chocolate. Far more sought after by the birds than chocolate when they are nowhere to be found on the (black)market.

says the man who bought gold @ 400LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh

sorry you twit. Someone who has the mentality to  stockpile tampax in the face of a non existant danger is not someone who has the mentality to buy gold @ 400.

your a proven liar over and over melly.

a dumb and uneducated twit.

a small man with big delusions.

it is certain that outside this forum you  lead a sad and miserable life of the total loser that you are.
By:
Eeternaloptimist
When: 17 May 12 00:05
I don't have any interest in you two bickering like two bald men over a comb. The only question I have is to menelaus and it is to aks when you will make good on the following pledge from early April?

We have family over this weekend so I won't be able to do much of anything else but entertain. But I hope by early next week to post the reall story and analysis on the FED's easing intentions. Real analysis, not sh1t someone may have read in their daily morning rag and they regurgitate without really understanding.

Your write up (I refuse to call it analysis) is about to be shred to pieces and give me the pleasure of exposing your epic ignorance - yet again.


I look forward to your analysis.
By:
FINE AS FROG HAIR
When: 17 May 12 00:44
Err I think he has posted it ( his views on the Fed and its policies and its " criminal" overlords) probably a 1,000 times since then.
Do you really want to punish us all by asking for it to be all regurgitated yet once again ?
By:
Eeternaloptimist
When: 17 May 12 01:49
Apologies. I occasionally dip into the forum. I read this particular thread with interest and it seemed strange that menelaus had posted numerous times without actually addressing the point raised of where he saw gold going from here and why. I presumed given the ongoing feud between the two that he hadn't done it elsewhere.
By:
polybot
When: 17 May 12 05:11
"it seemed strange that menelaus had posted numerous times without actually addressing the point raised"

nothing strange in this at all, melly never addresses or understands a point.
By:
polybot
When: 17 May 12 05:11
he's our village idiot.
By:
Eeternaloptimist
When: 17 May 12 10:22
To be fair to him if he bought gold at the prices he says then he is now a wealthy village idiot but that is the crucial question. There's a guy works down the chip shop swears he is Elvis and we can all be geniuses in retrospect. I was interested in his views going forward and how he sees things panning out.
By:
Menelaus
When: 17 May 12 13:21
I didn't realize that there was a "point raised" In this particular thread other than our resident village idiot claiming profits regardless which way moved for the day, up or down, never mind that I supposed to address it.
By:
Eeternaloptimist
When: 17 May 12 17:31
My post from 00.05 directly quoted you on what you described was going to be an "analysis" you were going to furnish us with and how it was going to shred your adversary. So I guess the point was raised by you and then left hanging in the air.
By:
Menelaus
When: 17 May 12 18:50
What are you bumbling on about mate?

What is it SPECIFICALLY you want to know? Ask your questions directly and clearly, you may have better luck getting an answer.
By:
Eeternaloptimist
When: 17 May 12 21:54
Why are you such an objectionable pricck with such an inflated sense of your own intellect?

Is that clear enough for you or would you like me to be clearer?
By:
Menelaus
When: 17 May 12 22:02
It took you five posts to finally ask nothing???

Did you hear little voices in your head giving you the answer, or did you take a detour through a kindergarten on the way home from cleaning the park toilets and some five year old gave you the answer?
By:
Mrben
When: 17 May 12 22:18
melly- you are in permanent meltdown mode.I guess ripping up those floorboards to cash your gold in at a loss sent you over the edge. Either that or your just a plain fkwit.Devil
By:
Eeternaloptimist
When: 17 May 12 23:07
Menelaus

Clearly your compehension skills are about as refined as your non existent wit. I asked you where you saw gold going from here and why? Rest easy though because you can remain an empty vessel more interested in evasion than clarification because the five year old you refer to made far more sense than you appear capable of.
By:
Menelaus
When: 17 May 12 23:31
I asked you where you saw gold going from here and why?


Instead of swatting you like a fly,  I'm going to take you by the hand and let you figure out the answer all on your own.

Create a graph of USG debt since Nixon abolished the gold standard. The X axis is TIME in years, from 1970 to 2022. The Y axis is trillions $$$$, from 0 to 20 trillion. The debt between 1970 and 2011 is ACTUAL, the debt for 2012 to 2022 is according to CBO projections. All these numbers are widely available on the internet.

Still with me?

Then create a graph of gold price since 1970. The X axis is years identical to the chart above, the Y axis is $200 to $5,000. The ACTUAL gold price between 1970 and 2011 is known. At this point you can not draw in the 2012 to 2022 gold price since it's an unknown.

Still with me?

Now overlap the two graphs, easy to do since the X axis is identical.

If you can fog a mirror you are now probably now sitting there like a dear in headlights because you just realized that the two graphs overlap with a six sigma correlation. Now project the price of gold graph from 2012 to 2022 following the USG debt graph, the part that was drawn with CBO projections. Congratulations, you just answered your own question.

And that's the "business as usual" scenario. This doesn't even reflect any surges in the price of gold due to a banking system collapse or loss of faith in fiat currency due to excessive printing.

A five year old could follow those instructions, could you?
By:
Menelaus
When: 17 May 12 23:51
correction: from $0 to $5,000
By:
FINE AS FROG HAIR
When: 18 May 12 00:22
I don't see such a high correlation till at least 2005 or thereabouts.
No doubt the USG debt ceiling is clearly some sort of influencing factor on the price of gold, but it is not the only one.
To project future gold prices solely on this recent strong correlation with USG debt is imo falling into the trap of trying to artificially create causation, that is  to fit things to suit a pre-determined personal target.
Menelaus strongly believes that gold is going into the statosphere and will find all sorts of reasons and arguments to support this opinion.
But in the bottom line, that's all it is . A personal opinion, which could be as wrong as it's right.
By:
Eeternaloptimist
When: 18 May 12 10:56
Menelaus

I follow your logic perfectly and for what it is worth I agree with you. I don't see why you need to pick a fight with everybody to illustrate your point.
By:
Eeternaloptimist
When: 18 May 12 10:58
Perhaps the reason is as Fine As Frog Hair implies you have so much skin in the game that you become irrational when your view is challenged. Are you carrying too many eggs in one basket?
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