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GLOBAL MARKETS-Gold, stocks streak higher on economic optimism
Reuters ^ | Oct 6, 2009 | Reuters

Posted on 10/07/2009 8:33:21 AM PDT by Onelifetogive

Gold rushes higher amid brightened economic signs...

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy
KEYWORDS: gold; heyloriyoulistening
Seriously, I thought gold was the mile markers of the road to hell?
1 posted on 10/07/2009 8:33:23 AM PDT by Onelifetogive
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To: Onelifetogive

Um... gold ‘streaking higher’ is usually a BAD SIGN


2 posted on 10/07/2009 8:34:16 AM PDT by Mr. K (THIS ADMINISTRATION IS WEARING OUT MY CAPSLOCK KEY DAMMIT DAMMIT DAMMIT!!!!!)
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To: Onelifetogive

LOL. Talk about spin.


3 posted on 10/07/2009 8:35:00 AM PDT by ponygirl ("I can see the Olympic Stadium from my house!" - Barack Obama)
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To: Onelifetogive

Who wrote this article? Baghdad Bob?


4 posted on 10/07/2009 8:35:48 AM PDT by Antoninus (Sarah Palin -- I love her because she freaks out all the right people.)
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To: Onelifetogive

Sounds like spin to me. Gold going up on “economic optimism”?


5 posted on 10/07/2009 8:35:50 AM PDT by the anti-liberal
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Comment #6 Removed by Moderator

To: Onelifetogive

Leave it to Al Reuters to come up with a line of BS like this!


7 posted on 10/07/2009 8:36:59 AM PDT by Bean Counter (Stout Hearts....)
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To: the anti-liberal
I liked this part: "The dollar slumped as the optimism diminished safe-haven demand for the U.S. currency."

It's not slumping because everyone is abandoning it, no... it's a sign of a strong economy!

8 posted on 10/07/2009 8:37:23 AM PDT by ponygirl ("I can see the Olympic Stadium from my house!" - Barack Obama)
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To: the anti-liberal
"Sounds like spin to me. Gold going up on “economic optimism”?"

It means we're coming out of depression and headed for hyper-inflation?

9 posted on 10/07/2009 8:46:04 AM PDT by blam
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To: Onelifetogive
Seriously, I thought gold was the mile markers of the road to hell?

During inflation, asset prices increase. Gold as well as the value of companies having assets, especially overseas assets increases.

10 posted on 10/07/2009 8:49:36 AM PDT by fso301
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To: blam
It means we're coming out of depression and headed for hyper-inflation?

I'm sure there'll be a welcome dollop of stagflation before we head into hyper-inflation.

11 posted on 10/07/2009 8:51:54 AM PDT by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: Mr. K

Expletive deleted. I swear this is getting beyond belief. These people are so in the tank. It is like the generals when a looney Hitler moved phantom divisions around on the map saying “Yes, Mein Fuhrer.”


12 posted on 10/07/2009 9:00:30 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: Onelifetogive
Gold and stocks streak higher because of a US Dollar in free fall.


13 posted on 10/07/2009 9:06:20 AM PDT by Yo-Yo (Joe Wilson speaks for me.)
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To: Onelifetogive

Future Headline:

Pestilence seen as a sign of green environment recovery. “Researchers say...etc etc.”


14 posted on 10/07/2009 9:13:24 AM PDT by 240B (he is doing everything he said he would'nt and not doing what he said he would)
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To: Onelifetogive

A crashing dollar is now a sign of optimism... I’m speechless. There is no lie too big for these people. The world is being overrun by mindless lunatics.


15 posted on 10/07/2009 9:16:49 AM PDT by WhistlingPastTheGraveyard (Some men just want to watch the world burn.)
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To: Onelifetogive

I was looking for the /s, but then I saw it is Reuters dung, needing a /p for propaganda or /L for lie.


16 posted on 10/07/2009 9:27:04 AM PDT by pallis
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