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Gold at $1316.00 at 7.37 am

Discussion in 'Off Topic Threads' started by PerazziBigBore, Oct 1, 2010.

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  1. PerazziBigBore

    PerazziBigBore TS Member

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    Wow...
     
  2. Big Heap

    Big Heap TS Member

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    APPLE is where to be.
     
  3. Bruce Specht

    Bruce Specht Well-Known Member

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    Location:
    Near but not in chicago
    Think reparian rights. Water and the ability to have owenrship is the future.
     
  4. hmb

    hmb Well-Known Member

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    And lead is over a dollar again. HMB
     
  5. Big Heap

    Big Heap TS Member

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    Not bad.
     
  6. sliverbulletexpress

    sliverbulletexpress TS Member

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    I don't have any gold, does this mean things are not so good?
     
  7. 221

    221 Banned User Banned TS Supporters

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    That price might mean something if the dollar had any value. It sounds like a big deal until reality kicks in.... like...weak dollar,fees,taxes,inflation.
     
  8. Big Heap

    Big Heap TS Member

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    Do you remember when bread was 29 cents/loaf? The dollar is doomed because of the Obama program.

    Buy something of real value - maybe real estate - because the dollar is printed without any value backing. The people with real assets will survive - gold - and the rest of the pigeons will be broke.
     
  9. 221

    221 Banned User Banned TS Supporters

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    Interesting read....whether you agree or even understand this guys message,.....it's an interesting read.

    Notice that this was written over 7 years ago.
     
  10. stokinpls

    stokinpls Well-Known Member

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    So, are you going to sell? You don't technically make any money unless you sell. Seems like a stock that paid a dividend would be more useful, unless you had to have gold to buy bread.
     
  11. blackfoot

    blackfoot Member

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    Sold most of mine today!The saying goes "Buy low sell ----".
     
  12. jbailey

    jbailey Active Member

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    You can make money trading gold if you buy it right and sell it right. However, adjusted for inflation, the price of gold should be $2200.00 per oz. Check it out.
     
  13. otnot

    otnot Active Member

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    Personally I don't think it will stop until $3000 and maybe more. The next round of quanative easing(MORE BAILOUTS AND MONEY PRINTING) is set for after the elections and it should drive the price even higher.
     
  14. PerazziBigBore

    PerazziBigBore TS Member

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    What I have not heard here is CHINA.. What they do in the next few months to either revalue their currency.. or devalue ours..will also start comming into play..
     
  15. otnot

    otnot Active Member

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    China is very quietly selling it's US bonds and buying gold. The rest of the world is tired of funding our deficit spending and it seem the only buyer is the Federal Reserve. Which means we get to pay them dividends on our own bonds. Now that is pretty cool.
     
  16. smsnyder

    smsnyder Well-Known Member

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    Ha I got a gold tooth someone can buy. Make me an offer. LOL
     
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