To: Capitalism2003
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.
5 posted on
12/06/2005 11:45:56 PM PST by
nopardons
To: nopardons
Silly goldbugs, talking up the value of gold so that they can dump their shares higher.
6 posted on
12/06/2005 11:46:59 PM PST by
Gordongekko909
(I know. Let's cut his WHOLE BODY off.)
To: nopardons
I agree. The increase in gold is nothing but a momentum move and is being fed by speculators driving the market up. What will happen here is what always happens. T he novices who believe there is no ceiling will pour their money in and the pros will sit back and when the time is right will begin selling into the fever. When they have taken their profits the short sellers come in, spread a rumor or two and once the price breaks lower the newbies will panic and a blood bath will ensue.
I predict gold at between $275-325 oz. within 1 year
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