How’s silver doing?
I Japans new PM dumps the dollar like he promised...LOOK OUT!
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
Freedom’s Precious metals are gold, silver, and lead. I call it diversifying my portfolio.
I brought gold for the 1st time last night. You can all thank me.
Woo Hoo!!!
how is cold pressed latinum doing?
Gold I guess has it’s place but I rather have food and ammo.
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.
It’s at $996/oz. right now.