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Gold I guess has it's place but I rather have food and ammo.
1 posted on 09/02/2009 2:20:53 PM PDT by Kartographer
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To: Kartographer

How’s silver doing?


2 posted on 09/02/2009 2:26:01 PM PDT by Mamzelle (Who is Kenneth Gladney? (Don't forget to bring your cameras))
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To: Kartographer

I Japans new PM dumps the dollar like he promised...LOOK OUT!


3 posted on 09/02/2009 2:26:24 PM PDT by screaminsunshine (!!)
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To: Kartographer

Gold ROCKED today.

I should sell a couple hundred oz of silver...today or tomorrow.

One (among many) places to get quick quotes: www.amark.com


5 posted on 09/02/2009 2:32:22 PM PDT by Attention Surplus Disorder (It's better to give a Ford to the Kidney Foundation than a kidney to the Ford Foundation.)
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To: Kartographer

Freedom’s Precious metals are gold, silver, and lead. I call it diversifying my portfolio.


6 posted on 09/02/2009 2:35:53 PM PDT by Neoliberalnot ((Freedom's Precious Metals: Gold, Silver and Lead))
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To: Kartographer

I brought gold for the 1st time last night. You can all thank me.

Woo Hoo!!!


7 posted on 09/02/2009 3:05:24 PM PDT 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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To: Kartographer

how is cold pressed latinum doing?


8 posted on 09/02/2009 3:24:45 PM PDT by rahbert
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To: Kartographer

Gold I guess has it’s place but I rather have food and ammo.


And if one has enough food an ammo, one would generally prefer gold to more food and ammo.


10 posted on 09/02/2009 3:43:42 PM PDT by Atlas Sneezed (Socialism: The sin of envy, masquerading as a political movement.)
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To: Kartographer

The best theory I can come up with for gold’s spike today is twofold:

1: Metals and oil ETFs are getting dumped, led by the utter carnage in UNG (Nat’l Gas) because there is a serious movement afloat to limit speculation in some of these commods. In 0bama’s utopia, see, speculators are responsible for otherwise unexplainable fuel price rises, which harms da peeple.

2: Since mining is so fuel intensive, a *decrease* in the POO [price of oil] is often viewed as a contrary bet to metals prices. Eg; gas/diesel gets cheaper, metals get cheaper to mine.

3: Since many commod investors are getting squeezed out of their oil bets, they have a tendency to stay with commod bets.

4: There’s also a nicely formed triangle on the gold chart which looks to pop prices maybe $10 higher.

http://tickerforum.org/cgi-ticker/akcs-www?post=109352

[probably behind a password, but give it a whack]

Absolute causality? Nope, just makes a certain amount of sense.


13 posted on 09/02/2009 5:01:17 PM PDT by Attention Surplus Disorder (It's better to give a Ford to the Kidney Foundation than a kidney to the Ford Foundation.)
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To: Kartographer

It’s at $996/oz. right now.


15 posted on 09/03/2009 10:48:12 AM PDT by Atlas Sneezed (Socialism: The sin of envy, masquerading as a political movement.)
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