Skip to comments.
Gold futures top $472, levels not seen since 1988
(AFX) ^
| Monday, September 19, 2005 3:32:17 PM
| (AFX)
Posted on 09/19/2005 9:45:28 AM PDT by AdamSelene235
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80, 81-89 next last
To: AdamSelene235
The gold bubble is gonna burst! :^)
2
posted on
09/19/2005 9:48:28 AM PDT
by
TheDon
(The Democratic Party is the party of TREASON!)
To: TheDon
Doesn't rising gold mean someone's afraid of runaway inflation?
3
posted on
09/19/2005 9:49:53 AM PDT
by
xzins
(Retired Army Chaplain and Proud of It!)
To: xzins
Due to massive currency debasement.
To: AdamSelene235
How about a chart showing the inflation adjusted price of gold since 1978, just like the similar charts for oil?
5
posted on
09/19/2005 9:52:27 AM PDT
by
Uncle Fud
(Imagine the President calling fascism a "religion of peace" in 1942)
To: AdamSelene235
Well yes, but....the dollar is of different value than 1988.
To: xzins
Doesn't rising gold mean someone's afraid of runaway inflation? According to FedGov inflation is low if you don't use energy, consume food, pretend chicken is the same as steak and pay yourself income by renting your home to yourself.
7
posted on
09/19/2005 9:52:53 AM PDT
by
AdamSelene235
(Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
To: AdamSelene235
LOL!
I do recall energy and food being removed from the so-called inflation shopping basket of items.
You'd think that PERMANENT increases in energy would be reflected, wouldn't you?
Anyone think that gasoline is going back down to $1.49 a gallon anytime soon?
8
posted on
09/19/2005 9:54:50 AM PDT
by
xzins
(Retired Army Chaplain and Proud of It!)
To: hubbubhubbub
Aw....U bin lisning 2 Ron Paul havnt U?
9
posted on
09/19/2005 9:54:58 AM PDT
by
litehaus
To: BurbankKarl
Well yes, but....the dollar is of different value than 1988. No kidding, there are currently 250% more dollars now than in 1988.
10
posted on
09/19/2005 9:54:58 AM PDT
by
AdamSelene235
(Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
To: TheDon
Take a look at the Gold/Oil Ratio. When I looked a couple of weeks ago it was at an all time low. Either the price of oil is about to break or gold is going much higher.
11
posted on
09/19/2005 9:55:02 AM PDT
by
TBall
To: AdamSelene235
When everyone agrees about gold going way up, we will be close to a top.
Consensus it oftentimes incorrect. Careful out there.
12
posted on
09/19/2005 9:55:57 AM PDT
by
RexBeach
("The rest of the world is three drinks behind." -Humphrey Bogart)
To: AdamSelene235
I should have bought steaks. I can hardly afford to buy them anymore.
To: BurbankKarl
True, but if you bought gold in late 2000 you'd be making a killing right now!! Look at that chart.
14
posted on
09/19/2005 9:56:23 AM PDT
by
RockinRight
(What part of ILLEGAL immigration do they not understand?)
To: Uncle Fud
15
posted on
09/19/2005 9:57:57 AM PDT
by
oldleft
To: AdamSelene235
So if I invested in gold in 1988 I would be even right now? Oh, I forgot inflation, so I would still be at a loss.
Glad I invested in growth stocks.
The only people who make money on gold are those who sell it and futures in it.
16
posted on
09/19/2005 9:58:01 AM PDT
by
KeyWest
To: KeyWest
You coulda made a killing on gold if you bought in 2000 and sold now.
17
posted on
09/19/2005 9:59:21 AM PDT
by
RockinRight
(What part of ILLEGAL immigration do they not understand?)
To: RockinRight
True, but if you bought gold in late 2000 you'd be making a killing right now!! Look at that chart. Actually, the miners are where's its at.
The Dow looks pretty bad when you consider there are 50% more dollars in circulation now than in 2000.
18
posted on
09/19/2005 10:00:39 AM PDT
by
AdamSelene235
(Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
To: AdamSelene235; xzins
According to FedGov inflation is low if you don't use energy, consume food, pretend chicken is the same as steak and pay yourself income by renting your home to yourself. The FedGov being wrong wouldn't surprise me but the bond market being wrong would. The 10-year bond is yielding what, 4.2%? Are you saying that the CPI is understated and the bond market is ignorant?
19
posted on
09/19/2005 10:01:14 AM PDT
by
Mase
To: xzins
Doesn't rising gold mean someone's afraid of runaway inflation? A supply sider would say you got the chicken and egg backwards here.
Rising gold is an evidence that inflation already exists.
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80, 81-89 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
