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Gold down almost $14.00 today???????
me ^ | 12/14/05 | me

Posted on 12/14/2005 11:53:42 AM PST by tmp02

Has anyone heard anything?


TOPICS: Business/Economy
KEYWORDS: 18002148271; blacquejacques; buymygold; gold; goldbuggery; goldgoldgold; goldmineshaft; learfinancial; shellaque; yukoncornelius
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1 posted on 12/14/2005 11:53:42 AM PST by tmp02
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To: tmp02

Bush's meassage is getting out with greater clarity


2 posted on 12/14/2005 11:55:20 AM PST by Mr. K (Some days even my lucky rocket ship underpants don't help...)
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To: tmp02

Is the dollar gaining ground today?


3 posted on 12/14/2005 11:55:35 AM PST by aft_lizard (What does G-d look like then if we evolved from nothing?See Genisis Ch 1:26-27)
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To: Mr. K

4 posted on 12/14/2005 11:55:58 AM PST by tmp02 (Don't come to the US. We too are dipping our bullets in pig's blood)
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To: martin_fierro

NOOOOOOOOOOOOOOOOOO!


5 posted on 12/14/2005 11:56:28 AM PST by Constitution Day
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To: aft_lizard

See #4.


6 posted on 12/14/2005 11:56:31 AM PST by tmp02 (Don't come to the US. We too are dipping our bullets in pig's blood)
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To: tmp02; Constitution Day
Has anyone heard anything?

Something's in the air, yeah.

7 posted on 12/14/2005 12:01:39 PM PST by martin_fierro (< |:)~)
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To: Mr. K

Did 007 finally kill off Goldfinger?


8 posted on 12/14/2005 12:08:48 PM PST by pissant
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To: tmp02

Climbing gold prices are an important signal that one should immediately BUY GOLD!

Falling gold prices are an important signal that one should immediately BUY GOLD!

A steady gold price is an important signal that one should immediately BUY GOLD!


9 posted on 12/14/2005 12:10:40 PM PST by Petronski (I love Cyborg!)
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To: tmp02

Gold is a sucker's bet.


10 posted on 12/14/2005 12:13:31 PM PST by sinkspur (Trust, but vilify.)
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To: tmp02

According to the gold bugs, this means that it's a good time to buy gold.


11 posted on 12/14/2005 12:15:12 PM PST by Redcloak ("If you can't say something nice about someone, then you must be talking about Hillary Clinton.")
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To: martin_fierro


Oh no!

12 posted on 12/14/2005 12:15:49 PM PST by Petronski (I love Cyborg!)
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To: tmp02

The rejection of the fiat valued metal known as "gold" is clear as is shown by it's fall in price today. As more and more people realize that there is nothing to back the value of this widely available naturally occuring metal, they will lose faith in it as a source of financial stability and it's price will drop further.

In fact, as evidence that those who support this un-backed form of valueless metal will go to no ends to keep up the ponzi scheme thrust upon us, I want you to think about this: everyday around the world there are hundreds of mines putting more and more gold into circulation at a profit. How can gold maintain it's value as daily there is a larger supply and less trust in it?

Or is this a bunch of strawman mumbo-jumbo? Anyway, have to go sell some gold. It's the greatest investment in the world and I want to sell mine!


13 posted on 12/14/2005 12:18:13 PM PST by Anitius Severinus Boethius
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To: aft_lizard
Is the dollar gaining ground today?

Actually the dollar lost ground today. It is off 3.5% in the past month from year highs. It dropped this morning on news October's trade deficit was a new record high. The gold dollar inverse relationship seems to have disappeared in the past year.

14 posted on 12/14/2005 12:20:11 PM PST by simon says what
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To: Anitius Severinus Boethius

"FIAT VALUED METAL"

LOL!


15 posted on 12/14/2005 12:22:18 PM PST by Petronski (I love Cyborg!)
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To: Toddsterpatriot

FIAT METALS LOSE VALUE TODAY


16 posted on 12/14/2005 12:23:35 PM PST by Petronski (I love Cyborg!)
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To: Petronski
Well, if the price of gold is fixed on dollars, and the dollar is just a fiat currency, then isn't the value of gold merely the price agreed to based upon a fiat currency?

Thus, it truly is a "fiat valued metal". =)

17 posted on 12/14/2005 12:24:59 PM PST by Anitius Severinus Boethius
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To: tmp02; Anitius Severinus Boethius

Gold as an investment stinks. The gold pushers are always on websites like newsmax and talk radio.

I have a problem when talk radio hosts read gold ads. When reading an add for gold, they seem to be giving financial advice. Some people who put a lot of trust in the talk show hosts may purchase a large amount of gold and lose lots of money over time. Talk show hosts don't read adds to buy Halliburton stock?


18 posted on 12/14/2005 12:28:12 PM PST by Barney Gumble (A liberal is someone too broadminded to take his own side in a quarrel - Robert Frost)
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To: tmp02
Profit takers. Did you think gold was going to go up every day and never fall back?

The anti-gold-bugs on this thread are so ridiculous it's hilarious. Gold loses a few dollars in one day and they get this "gold is for idiots!" attitude. Never mind the fact that it has nearly doubled in price in the past few years. They simply HATE to be reminded of that and any time gold loses ground they act like they just won the lottery, even though they haven't won a dime.

Imagine how idiotic it would look if during a major stock market bull ride, someone would come on and say "see! stocks are bad!" every time the bulls took a day off. Well, you don't have to imagine. Just read the anti-gold-bug posts. ;-)

19 posted on 12/14/2005 12:42:59 PM PST by GLDNGUN
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To: Barney Gumble
Gold as an investment stinks.

Gold has been an excellent investment the past year. Even with today's loss it is up 14% from a year ago. It has outperformed the Dow, Nasdaq, and S&P 500 by 8-12% from a year ago.

Talk show hosts don't read adds to buy Halliburton stock? I think it may be illegal for individual companies to tout their stocks with advertisements.

20 posted on 12/14/2005 12:45:30 PM PST by simon says what
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