Comments on: Prop Trading SPDR Gold Trust GLD, Comex Gold Still In Uptrend http://martinkronicle.com/2010/05/20/spdr-gold-trust-gld-comex-gold-still-in-uptrend/ Insight from a Professional Trader Fri, 27 Jan 2012 18:37:00 +0000 hourly 1 http://wordpress.org/?v= By: irondoor http://martinkronicle.com/2010/05/20/spdr-gold-trust-gld-comex-gold-still-in-uptrend/comment-page-1/#comment-432 irondoor Sun, 23 May 2010 09:04:36 +0000 http://martinkronicle.com/?p=2837#comment-432 Martin, your thesis writing is getting much better. I am not a gold bug, never have been (I am short gold right now, and on a tight leash). BUT, I have woken (waked up?) to the soverign solvency issue in the past couple of months. I think that the world believes there is no limit on currency printing. I know the politicians believe it because they have no plan B. There is a limit somewhere; I just don't know where it is or when it might possibly be hit. <br><br>We may ultimately have a common world currency. Right now the markets could dictate that currency to be gold until the world decides whose picture is going to be on the paper one. Gold is farily hard to print or manufacture out of electrons like T-Bills and people do trust it. I just don't know how to buy gasoline with it but I'm sure some enterprising soul will figure it out.<br><br>Today the world wants and needs dollars. Dollar-denomiated debt is being destroyed by default, payoff or foreclosure faster than the printing presses can run. This may be the reason the money supply is falling. Martin, your thesis writing is getting much better. I am not a gold bug, never have been (I am short gold right now, and on a tight leash). BUT, I have woken (waked up?) to the soverign solvency issue in the past couple of months. I think that the world believes there is no limit on currency printing. I know the politicians believe it because they have no plan B. There is a limit somewhere; I just don't know where it is or when it might possibly be hit.

We may ultimately have a common world currency. Right now the markets could dictate that currency to be gold until the world decides whose picture is going to be on the paper one. Gold is farily hard to print or manufacture out of electrons like T-Bills and people do trust it. I just don't know how to buy gasoline with it but I'm sure some enterprising soul will figure it out.

Today the world wants and needs dollars. Dollar-denomiated debt is being destroyed by default, payoff or foreclosure faster than the printing presses can run. This may be the reason the money supply is falling.

]]> By: irondoor http://martinkronicle.com/2010/05/20/spdr-gold-trust-gld-comex-gold-still-in-uptrend/comment-page-1/#comment-385 irondoor Sun, 23 May 2010 02:04:36 +0000 http://martinkronicle.com/?p=2837#comment-385 Martin, your thesis writing is getting much better. I am not a gold bug, never have been (I am short gold right now, and on a tight leash). BUT, I have woken (waked up?) to the soverign solvency issue in the past couple of months. I think that the world believes there is no limit on currency printing. I know the politicians believe it because they have no plan B. There is a limit somewhere; I just don't know where it is or when it might possibly be hit. <br><br>We may ultimately have a common world currency. Right now the markets could dictate that currency to be gold until the world decides whose picture is going to be on the paper one. Gold is farily hard to print or manufacture out of electrons like T-Bills and people do trust it. I just don't know how to buy gasoline with it but I'm sure some enterprising soul will figure it out.<br><br>Today the world wants and needs dollars. Dollar-denomiated debt is being destroyed by default, payoff or foreclosure faster than the printing presses can run. This may be the reason the money supply is falling. Martin, your thesis writing is getting much better. I am not a gold bug, never have been (I am short gold right now, and on a tight leash). BUT, I have woken (waked up?) to the soverign solvency issue in the past couple of months. I think that the world believes there is no limit on currency printing. I know the politicians believe it because they have no plan B. There is a limit somewhere; I just don't know where it is or when it might possibly be hit.

We may ultimately have a common world currency. Right now the markets could dictate that currency to be gold until the world decides whose picture is going to be on the paper one. Gold is farily hard to print or manufacture out of electrons like T-Bills and people do trust it. I just don't know how to buy gasoline with it but I'm sure some enterprising soul will figure it out.

Today the world wants and needs dollars. Dollar-denomiated debt is being destroyed by default, payoff or foreclosure faster than the printing presses can run. This may be the reason the money supply is falling.

]]> By: What The Gold Selloff Is Telling The World | MartinKronicle http://martinkronicle.com/2010/05/20/spdr-gold-trust-gld-comex-gold-still-in-uptrend/comment-page-1/#comment-383 What The Gold Selloff Is Telling The World | MartinKronicle Fri, 21 May 2010 03:40:57 +0000 http://martinkronicle.com/?p=2837#comment-383 [...] post yesterday was about gold trendlines. Today’s post is about interpreting what’s happening with gold as it relates to the [...] [...] post yesterday was about gold trendlines. Today’s post is about interpreting what’s happening with gold as it relates to the [...]

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