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Anyone watching gold? (Overseas markets open)
Kitco ^ | 11/21/09 | staff

Posted on 11/22/2009 6:16:11 PM PST by Daisyjane69

Looks like it's up $$ 11.60 right now. I was thinking there were some contracts expiring today or something like that.


TOPICS: Business/Economy
KEYWORDS: dollar; economy; gold; metals
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To: Cold Heat
This is just the beginning of the double dip and they see it coming.

Yea, but if healthcare reform dies, which I very strongly suspect it will, all bets are off. And if we retake congress next year, out dollar may again be worth something.

So ride the bubble while you can but don't stick around too long.

41 posted on 11/22/2009 6:38:13 PM PST by zeebee (Ask a teenager now, while they still know everything.)
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To: hennie pennie

I am not a financial expert, but, it looks as though the foreign markets are nervous , and have no confidence in America and have a itching that the stock market is going to take a really big tumble this week and Thanksgiving day will be the only day this week that will stop the bleeding.... that is all just a guess.


42 posted on 11/22/2009 6:39:32 PM PST by American Constitutionalist (There is no civility in the way the Communist/Marxist want to destroy the USA)
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To: REDWOOD99

meat or mail?


43 posted on 11/22/2009 6:39:57 PM PST by Migraine (Diversity is great... ...until it happens to YOU.)
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To: zeebee

Sure hope you’re correct about the health care bill. Wondering what the U.S. markets will do tomorrow, if anything, because of the vote Saturday.


44 posted on 11/22/2009 6:39:57 PM PST by madison10
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To: Wisconsinlady

It might be good for the health care debate if they realize they cannot borrow another trillion anywhere.


45 posted on 11/22/2009 6:40:39 PM PST by omega4179 (0 is an embarrassment to us all.)
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To: zeebee

But we might be at the point that it’s mathematically impossible to pay off the federal debt.

Where the interest itself on the debt is piling up faster than we could ever pay it down.

You know - paddle... creek... that kind of story.


46 posted on 11/22/2009 6:41:27 PM PST by djf (Maybe life ain't about the doing - maybe it's just the trying... Hey, I don't make the rules!)
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To: madison10

futures are up slightly


47 posted on 11/22/2009 6:41:44 PM PST by tongass kid
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To: meyer

>>Holy Cow - not only is Obama an excellent gun salesman but he’s got gold moving up as well! <<

Hey that reminds me. I only have about 150 shells for my new twelve guage. I gotta stock up. I’ll bet Big 5 is having a sale.


48 posted on 11/22/2009 6:42:35 PM PST by RobRoy (The US today: Revelation 18:4)
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To: Migraine

Meat. I’m going long in jerky this week, too.


49 posted on 11/22/2009 6:42:58 PM PST by REDWOOD99
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To: madison10
Wondering what the U.S. markets will do tomorrow, if anything, because of the vote Saturday.

Futures are up because there will be no public option.

50 posted on 11/22/2009 6:43:11 PM PST by zeebee (Ask a teenager now, while they still know everything.)
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To: Wisconsinlady

Monex doesn’t seem to be live right now, but Kitco is, if you refresh the page.

But I could be wrong.


51 posted on 11/22/2009 6:44:36 PM PST by savedbygrace (You are only leading if someone follows. Otherwise, you just wandered off... [Smokin' Joe])
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To: madison10

Well if you guys think it belongs in breaking news, tell a mod. I’m too new around here to ask anyone to move anything. heh

I’m lucky they let me post! LOL


52 posted on 11/22/2009 6:44:49 PM PST by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: REDWOOD99
I’m long Spam.

You're in marketing? :-)

53 posted on 11/22/2009 6:46:05 PM PST by meyer (Government health care = national strike.)
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To: Daisyjane69
comment? i'm sitting back and watching rome burn...

now... if i hadn't seen this coming, i might be a bit worried... since my money would be turning into toilet paper as they pass 0bamacare

54 posted on 11/22/2009 6:46:58 PM PST by sten
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To: RobRoy

There is nothing wrong with 1964 and older silver US coins.


55 posted on 11/22/2009 6:49:24 PM PST by Lumper20
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To: MHGinTN

i’d suggest going for coins instead of pamp bullion bars. would be easier to move later.

i would also recommend getting a monster box of silver, for when you want smaller exchanges.

as for where, banks are no use. find a reputable dealer in your area.


56 posted on 11/22/2009 6:50:09 PM PST by sten
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To: meyer

“You’re in marketing? :-)”

Just for perishables!LOL!


57 posted on 11/22/2009 6:51:18 PM PST by REDWOOD99
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To: RobRoy
I also wonder sometimes if the Lord is motivating me. I mean, out of the blue I suddenly needed silver like a man in the desert needs a drink of water. It was odd and hit out of nowhere.

Sounds like your lines of communication are open. I love the Lord. He is good and His mercy endures forever.

58 posted on 11/22/2009 6:51:35 PM PST by Migraine (Diversity is great... ...until it happens to YOU.)
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To: Ghost of Philip Marlowe

I’m really not an expert. I admit that I would not mind having roughly $20k in silver within easy reach.


59 posted on 11/22/2009 6:52:01 PM PST by RobRoy (The US today: Revelation 18:4)
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To: djf

That is when living on property where you can be self sufficient with similar neighbors may be important.


60 posted on 11/22/2009 6:52:56 PM PST by RobRoy (The US today: Revelation 18:4)
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