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1 posted on 11/16/2009 9:55:25 AM PST by staffjam
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To: staffjam

Of course gold will continue to increase at exponential rates in the absence of any actual inflation!

I read earlier today a bold prognosticator’s prognostication* that gold will NEVER EVER AGAIN drop below one thousand dollars per ounce.

It must be true. I read it on the Interwebz.

Besides, look what happened a few years ago: “experts” predicted that home prices would continue to rise at 20 per cent forever! That has certainly been the case, yes?

No bubble here. It’s Different This Time! SRSLY.

* IIRC, he’s now blind from all that prognostication.


2 posted on 11/16/2009 10:00:43 AM PST by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
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To: staffjam

Yes they will. I’ve been posting that the market is going to go up for a solid 2-3 weeks. Been flamed, but right. Gold is headed for the moon.


3 posted on 11/16/2009 10:01:03 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: staffjam

Beware.

http://news.goldseek.com/GoldSeek/1258049769.php


4 posted on 11/16/2009 10:05:47 AM PST by smokingfrog (Well, are you gonna draw those pistols or whistle Dixie? Spit!)
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To: staffjam

I foolishly closed out of my gold positions around the $850 level. Been kicking myself for a while now - still after soaking up heavl losses in the past i’m happy to run with a small profit nowadays.


5 posted on 11/16/2009 10:27:39 AM PST by staffjam
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To: staffjam
I brought Gold and silver in sept at $954 and $15 - It was flat up until that point, then the next day Gold went up $24 and has kept on going up since.

Last week I got into Platinum and Palladium at $1300 and $300. They have gone up like hell since!!

My next metals are Vanadium and Rhodium

6 posted on 11/16/2009 12:06:00 PM PST by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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