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To: Tempest

I agree.....historically it’s overpriced when compared to silver...the gold to silver ratio right now is like 60 to 1, whereas the historical ratio is 16 to 1......I’m sick of hearing all of our conservative talk show hosts push gold....they are not experts in metals, so they shouldn’t be pushing it to the listeners they supposedly value. the only thing worse is Hannity plugging GM.

I think Gold will fall slightly, and silver will rise greatly.


6 posted on 09/17/2009 8:24:46 PM PDT by teg_76
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To: teg_76

silver is over 17 now.


7 posted on 09/17/2009 8:31:00 PM PDT by screaminsunshine (!!)
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To: teg_76

There are plenty of goldbugs on FR also. They’ll be here shortly to tell you how wrong you are. They were busy attacking me yesterday on another thread.


8 posted on 09/17/2009 8:32:18 PM PDT by packrat35 (The problem with socialism is that you eventually run out of other peoples money.- M Thatcher)
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To: teg_76

Randi Rhodes is plugging it on her show.. so its a pox on them all...

By the way, the capital gains on gold is 28%! Nobody tells you that on the radio....


14 posted on 09/17/2009 8:39:33 PM PDT by adamjefferson
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To: teg_76

historically it’s overpriced when compared to silver...the gold to silver ratio right now is like 60 to 1, whereas the historical ratio is 16 to 1


Dude, it’s been about 200 YEARS since the ratio was that low. Since then, a few things have happened to change the world economy. For most of the last century, it’s been at or well above a ratio of 50:1.


27 posted on 09/18/2009 7:11:11 AM PDT by Atlas Sneezed (Socialism: The sin of envy, masquerading as a political movement.)
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To: teg_76

The same talk show host pushed adjustable rate mortgages just a few short years ago.


37 posted on 09/18/2009 6:43:07 PM PDT by Tempest (I believe in the sanctity of life... As long as you can afford it.)
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