Member Info for MALTMAN

the global economy cannot continue like this, stumbling around from week to week, the people have waited a long time for jobs and the recovery to start and their patience is is getting short, the governments must act now to create growth, and that surely means global quantative easing - if that means devalued currencies so be it. who cares if gold goes thru the roof - growth means higher tax revenue for goverments who can then pay down their debts, you dont pay off your mortgage in 5 or 10 years why is the gov trying to do it with the national debt

will these power outages affect production?

http://www.investegate.co.uk/Article.aspx?id=20120731091822PF6F4

a bad number was already baked into this price, knee jerk reaction this morning

http://www.bloomberg.com/news/2012-07-26/china-s-changsha-city-unveils-130-billion-investment-plan.html

bank of england expected to add more qe as is the bank of japan and the federal resrve came out last night and said as much....only one way gold is going then..hold tight

http://www.bloomberg.com/article/2012-07-23/aury38vGrUrU.html

http://www.investegate.co.uk/Article.aspx?id=201206141501503975F

http://seekingalpha.com/article/655751-gold-a-seismic-move-is-coming-part-ii-why-gold-prices-look-ready-to-skyrocket?source=yahoo

http://www.bloomberg.com/news/2012-06-10/gold-investment-demand-in-china-to-advance-10-icbc-forecasts.html

av pe @15.8 compares with rsa pe @ 8.5

http://www.bloomberg.com/news/2012-06-10/gold-investment-demand-in-china-to-advance-10-icbc-forecasts.html

QE almost certain to come just maybe not next week, but dont forget the USA debt ceiling, which has to be tackled well before years end, this will send gold higher imho, Bigzee ever looked at RSA, low at the moment like everything else but one of the top dividend payers

gold +3% @ $1611 ,randgold +5.4% in new york

nice rise then, gold is not a safe haven but more of a currency play to me, there is no doubt more dollars, euros, yen.pounds are going to have to be printed to at least try and pay off some debt while boosting sorely needed growth

im in here not too deep though, if it drops further ill buy but i think this is on the bumpy road to recovery and am pleased to see it

indeed......what with QE3, US debt ceiling raised (after some political wrangling) and the greek vote in less than three weeks (i expect them to vote to stay in europe) the second half of 2012 which is the start of the new financial year in july for many companies should give a lift to equities in general but gold should shine in particular imho

http://www.bloomberg.com/news/2012-05-31/chicago-purchasers-index-fell-to-52-7-in-may-from-56-2.html

last i checked this was the third best dividend in the ftse 100 at over 9%, behind man group and someone else, doubt man will be able to continue paying dividends at the levels they have been due to their poor performance of late which should promote RSA to second place....safe, secure, not volatile and dirt cheap here.

us debt ceiling has to rise soon, bad for dollar good for all commodities, iron ore, copper, oil, gold,