[Roberts]

Gold represents protection from the devaluation of fiat currencies, including our U.S. Dollar. Ron Paul is dead right.

[martin_fierro]

Naah, not gonna post it.

Been done to death this month.

< |:)~

[nopardons]

Someone REALLY needs to tell Ron Paul that BLACK MONDAY was just that and by December ( heck, before that! ), the market had rebounded and the rise of gold prices, in December of '87, had less than nothing to do with that day.

Actually this entire thing by him, is junk.

[de Buillion]

Gotta love Ron Paul; he was almost my congress-critter once, but they changed the districts around, and I'm not in his district now.

[tortoise]

What do Rising Gold Prices Mean?

It means I'm gonna be filthy rich.

Who wants to touch me?

[Appalled but Not Surprised]

What do rising gold prices mean?

Uh, maybe that the supply of new dollars is outstripping the supply of new gold?

Or maybe that public confidence in the dollar has sunk slightly faster than that of public confidence in gold?

Or maybe it's just random? Who knows?

[dennisw]

Gold going up in tandem w/ the dollar could also mean some Saudis and other Muslims are buying in anticipation of an Israeli strike on Iranian nukes -Katy bar the door if that happens. The trash talk from Iran about destroying Israel helps the gold price. Never trust someone who says he wants to kill you. Even if he says it just once

[jslade]

Did somebody say "gold"?

[cobaltblu]

Every time I am in the car there is a commercial for gold on the radio.

[redgolum]

Hmm.
Wish I had the cash to get into gold right now. Because I think gold is showing how much inflation we really have.

[Barney59]

...That Mom and Dad can finally get some money for that gold they bought in 1988.

[wolfcreek]

I thought about investing in gold but, it's just too heavy to carry.

[R. Scott]

What do Rising Gold Prices Mean?

It means – for one thing – that I am further away than ever from buying that gold bar. I've always wanted one to use as a paperweight.

[COBOL2Java]

What do Rising Gold Prices Mean?

It means this guy may actually be of some worth...

[kidd]

Gold prices historically rise when faith in paper currencies erodes...

Perhaps this is true historically. But not presently.

I believe the case is that the MSM, in its effort to attack Bush, has presented a false state of the economy. Many have bought into it, and choose to find stability in gold. But the reality is that we are in a Bush boom.

[cynicom]

The slicks are luring the suckers.

[Lazamataz]

What do Rising Gold Prices Mean?

TEOTWAWKI

[Tennessee_Bob]

What do Rising Gold Prices Mean?

It means that gold is getting more expensive.

[<1/1,000,000th%]

It means the Russians aren't selling into rising markets for a change.

[NeoCaveman]

The last time gold topped $500 was December 1987, in the wake of the “Black Monday” stock market collapse earlier that fall.

See the gold market has been going sideways for 18 years. I learned this kind of analysis from an economic genious on a stock thread yesterday.