Tuesday, November 25, 2008 9:53:53 AM
Since goldbugs like conspiracy theories, here's mine, and why I'm so negative on gold:
It's simple supply and demand.
Dealers got dumped on a whole load of physical when gold got to $1000 from granny's jewelry box.
Now the spreads are wider and the hype is growing because they have a boatload of inventory to dump that they can only profit on if physical trades at prices higher than the market.
It's all hype at the moment, not realistic pricing.
The real money in commodities is softs over the next year, imo.
It's simple supply and demand.
Dealers got dumped on a whole load of physical when gold got to $1000 from granny's jewelry box.
Now the spreads are wider and the hype is growing because they have a boatload of inventory to dump that they can only profit on if physical trades at prices higher than the market.
It's all hype at the moment, not realistic pricing.
The real money in commodities is softs over the next year, imo.
Recent GOLD News
- Gold.com Acquires Sunshine Minting, Creating One of North America’s Largest Precious Metals Minting Platforms • GlobeNewswire Inc. • 04/02/2026 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/19/2026 10:36:21 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/19/2026 09:56:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/16/2026 04:18:48 PM
- Gold.com Appoints Tether Executive Juan Sartori to Board of Directors; Longtime Director Beverley Lepine to Retire After 11 Years of Service • GlobeNewswire Inc. • 03/16/2026 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2026 07:16:20 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2026 09:15:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/13/2026 05:45:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2026 07:03:56 PM
- Form SCHEDULE 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 02/11/2026 09:16:07 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/11/2026 04:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2026 09:45:39 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/06/2026 09:47:14 PM
- Gold.com Announces $150 Million Strategic Investment from Tether • GlobeNewswire Inc. • 02/05/2026 09:10:00 PM
- Gold.com Reports Fiscal Second Quarter 2026 Results • GlobeNewswire Inc. • 02/05/2026 09:05:00 PM
- Gold.com Sets Fiscal Second Quarter Earnings Call for Thursday, February 5th at 4:30 p.m. ET • GlobeNewswire Inc. • 01/16/2026 01:00:00 PM
- Gold.com Closes Monex Precious Metals Acquisition, Provides an Operational Update, and a Link to the Livestream of the January 27, 2026 Ringing of the NYSE’s Opening Bell • GlobeNewswire Inc. • 01/05/2026 01:00:00 PM
- GoldMining Announces Renewed At-the-Market Equity Program • PR Newswire (Canada) • 12/08/2025 10:34:00 PM
- GoldMining Announces Renewed At-the-Market Equity Program • PR Newswire (US) • 12/08/2025 10:34:00 PM
- Gold.com to Begin Trading on the New York Stock Exchange Under Ticker Symbol “GOLD” • GlobeNewswire Inc. • 12/02/2025 01:00:00 PM
- Form 25 - Notification of the removal from listing and registration of matured, redeemed or retired securities • Edgar (US Regulatory) • 12/01/2025 09:35:56 PM
- Form 8-A12B - Registration of securities [Section 12(b)] • Edgar (US Regulatory) • 11/26/2025 04:53:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/21/2025 08:32:10 PM

