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Gold Is Getting Destroyed ($1140 Oz)
BI ^
| 11-5-2014
| Elena Holodny
Posted on 11/05/2014 6:17:31 AM PST by blam
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To: blam
of course, the real play is to switch to silver while the ratio is out of whack (silver usually hangs around 40-60 to 1)
41
posted on
11/05/2014 7:05:10 AM PST
by
sten
(fighting tyranny never goes out of style)
To: SZonian
I’ve just not seen anyone admit that they lost money on it. I know that some buy and hold gold for different reasons and nothing is ever 100% certain. I lost a boat load in 1989 in the stock market but have since recovered.
42
posted on
11/05/2014 7:05:17 AM PST
by
Graybeard58
(Fear God, and keep his commandments: for this is the whole duty of man. Eccl 12 V.13)
To: Graybeard58
Correction - not 1989 -
Monday, October 19, 1987
43
posted on
11/05/2014 7:07:59 AM PST
by
Graybeard58
(Fear God, and keep his commandments: for this is the whole duty of man. Eccl 12 V.13)
To: Graybeard58
On silver, I’ve lost...if counting it that way.
But I didn’t buy it to make money...I bought it to “keep” money...I view paper dollars as practically worthless anyway.
But you’re correct...I can’t recall anyone saying they’ve lost money.
44
posted on
11/05/2014 7:10:08 AM PST
by
SZonian
(Throwing our allegiances to political parties in the long run gave away our liberty.)
To: blam
The Dollar salutes the GOP takeover, as spending is expected to be cut. We’ll see.
To: blam
Gold is still way overvalued. Look for $1000 soon enough
To: saleman
"He says oil hits 60 a barrel then there goes his job." I've read that anything below $75 bl for an extended period is catastrophic for the oil industry.
47
posted on
11/05/2014 7:29:01 AM PST
by
blam
(Jeff Sessions For President)
To: blam
48
posted on
11/05/2014 7:30:19 AM PST
by
Grampa Dave
(Islam/ISIS = The Ebola of religious/political ideologies!)
To: Graybeard58
Half of my gold portfolio of GLD was bought fairly high and some of it lower than it is now. But it only makes up about 15-20% of my savings. I guess I’m just using it for a headgear against hyperinflation
49
posted on
11/05/2014 7:31:07 AM PST
by
Dick Vomer
(2 Timothy 4:7 deo duce ferro comitante)
To: Red Badger
To: blam
But that won’t stop the ads on conservative talk radio from trying to convince the preppers and the paranoid that now may be the best time ever to buy gold as a hedge against stupidity.
To: blam
52
posted on
11/05/2014 7:46:16 AM PST
by
Jim Noble
(When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
To: tom paine 2
Almost time to stock up on silver eagles. Below $15 per eagle is when I buy.
53
posted on
11/05/2014 7:52:14 AM PST
by
jpsb
(Believe nothing until it has been officially denied)
To: blam
How much is the blue metal going for?
54
posted on
11/05/2014 7:55:43 AM PST
by
AceMineral
(One day men will beg for chains.)
To: CincyRichieRich
I’ve been saying the same thing.
55
posted on
11/05/2014 8:07:18 AM PST
by
Eagles6
(Valley Forge Redux. If not now, when? If not here, where? If not us then who?)
To: blam
$10,000 in silver bought in 2000 would be worth about $30,000 today.
$10,000 in gold bought in 2000 would be worth about $40,000 today.
56
posted on
11/05/2014 8:16:31 AM PST
by
Eagles6
(Valley Forge Redux. If not now, when? If not here, where? If not us then who?)
To: Eagles6
I bought Krugerrands in 1992 at $382.00 ea.
57
posted on
11/05/2014 8:22:22 AM PST
by
blam
(Jeff Sessions For President)
To: Red Badger
The dollar is strengthening. I have been watching lead drop to 90 this week. Love it.
To: blam
I wasn’t smart enuff back then.
59
posted on
11/05/2014 8:31:48 AM PST
by
Eagles6
(Valley Forge Redux. If not now, when? If not here, where? If not us then who?)
To: buffaloguy
Lead is sinking?................;^)
60
posted on
11/05/2014 8:36:59 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
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