GoldFinger1969 ✭✭✭✭✭

We were/are way overbought, but the metrics on gold levels vs. per-capita disposable income are very high. These are NOT short-term timing instruments but they do determine long-term pricing. And tha… (View Post)

Leverage was the worst.....Carlyle Capital went under investing in AAA-rated Treasury bonds because they used 30-to-1 leverage. Asset goes down 3%, you're wiped out. CDS was basically selling insuran… (View Post)

Latest thoughts from RBC Capital, PT for gold raised: (View Post)

More buyers than sellers. :) Seriously, with no big sellers -- i.e., Central Banks -- and other institutions (SWFs, ultra-rich family offices, asset managers, etc.) all buying plus retail (though pri… (View Post)

Regulators and government entities (i.e., HUD) MANDATED these loans be made or strongly enouraged them with the threat of shooting down expansion or M&A plans. The Community Reinvestment Act (CRA… (View Post)