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To: CottonBall

Gold is at $923, it was hovering around 900 just a week ago.

In general gold and silver run together.

Actually gold, silver, oil, copper, etc. are not going up, it just looks like that because they are retaining thier value as the dollar becomes worth less.


7,600 posted on 05/12/2009 1:09:32 PM PDT by NeoCaveman (control the teleprompter, control the world)
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To: NeoCaveman
Actually gold, silver, oil, copper, etc. are not going up, it just looks like that because they are retaining thier value as the dollar becomes worth less.

I keep saying precious metals are going up, but I realize that's not the case- as you said. I guess it's too sad to think of all our dollars in 401Ks, Roths, etc - that I can't buy physical silver with - as devaluing as I type this.

So sad for this once great nation.
7,608 posted on 05/12/2009 3:04:21 PM PDT by CottonBall
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To: NeoCaveman

Actually gold, silver, oil, copper, etc. are not going up, it just looks like that because they are retaining thier value as the dollar becomes worth less.<<<

Welcome to the thread, thanks for joining in.

Do you remember the old days, when you could see at a glance what was going on, I mean if the stock market went down, gold went up, next time it would be the gold dropping as the stocks went up.

Then about 20 years ago something changed and it was not so clear cut.


7,629 posted on 05/13/2009 4:42:56 AM PDT by nw_arizona_granny ( http://www.freerepublic.com/focus/chat/2181392/posts?page=1 [Survival,food,garden,crafts,and more)
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