Well, the GATA conference is sold out. It's a star-studded event with Sinclair, Sprott, Embry, Rickards, Davies, Salinas-Price and others, inclusing the Murph! A real goldbugs' fest. It's sweltering hot here in the English Midlands and London is even hotter. Maybe storms are coming. If Al and Roger were there from Korelin Economics Report, I might have been even more interested in going to see GATA in London. My pal is a bit crestfallen because it's too late to book now; it's all sold out.
Still, that will save me $800 US dollars or £500 quid conference fee, so I could nearly buy half an ounce of gold for that. Of course, there would also have been hotel and travelling expenses, as well as drinks at 8 quid a pint on top of that. Gold is $1640 today and I made a bit of money spreadbetting during my lunch break at work.
It's just started to rain. Thunderstorms are forecast but it's supposed to be very hot again tomorrow. It would be like an oven in London and I hate the hot weather - and thunderstorms. I am a temperate climate kind of guy.
Well, the GATA conference is sold out. It's a star-studded event with Sinclair, Sprott, Embry, Rickards, Davies, Salinas-Price and others, inclusing the Murph! A real goldbugs' fest. It's sweltering hot here in the English Midlands and London is even hotter. Maybe storms are coming. If Al and Roger were there from Korelin Economics Report, I might have been even more interested in going to see GATA in London. My pal is a bit crestfallen because it's too late to book now; it's all sold out.
Still, that will save me $800 US dollars or £500 quid conference feeso I could nearly buy an ounce of g, old for that. Of course, there would also have been hotel and travelling expenses, as well as drinks at 8 quid a pint on top of that. Gold is $1640 today and I made a bit of money spreadbetting during my lunch break at work.
It's just started to rain. Thunderstorms are forecast but it's supposed to be very hot again tomorrow. It would be like an oven in London and I hate the hot weather - and thunderstorms. I am a temperate climate kind of guy.
Gold is £1010.36 pn Kitco right now; $1645.90 or €1160.11. SO it's a whole percent over £1000 sterling, that used to be the strongest currency in the world; the only cureency to be minted in gold on all five inhabited continents. What a disgrace those central banker money printers have been and are.
Jim Sinclair will be pleased that gold might get over his major target of $1650 during the conference or even before it starts. Of course, his bet was that it would get to $1650 this January and he would have lost a million dollars if anyone had taken him up on it. Luckily for Jim, no-one had the guts to do it. He wasn't far out on the timing, just 6 months or so. It's been said never give a price and a time for a market forecast, just give one or the other.
Happy partying to those at GATA Gold Rush 2011 on 4-6 August in London! We will miss you. I suspect I wouldn't have fitted in because therewill be some egos there and I am just a piddly little tiny goldbug private investor. It should be a great do.
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