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Gold Just Went Straight Vertical To A New Record --
The Business Insider ^
| 9-14-2010
| Joe Weisenthal
Posted on 09/14/2010 7:04:44 AM PDT by blam
Gold Just Went Straight Vertical To A New Record -- Stocks Tumble
Joe Weisenthal
Sep. 14, 2010, 9:47 AM
Boom! Gold!
Meanwhile, stocks are sliding.
[snip]
(Excerpt) Read more at businessinsider.com ...
TOPICS: News/Current Events
KEYWORDS: commodities; gold; investing; markets
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The DJIA is down 30 as I post. See
here.
1
posted on
09/14/2010 7:04:47 AM PDT
by
blam
To: blam
The sky is falling! The sky is falling!
To: blam
Investment money going into a non-productive asset (e.g. gold) is a sign.
A bad sign.
3
posted on
09/14/2010 7:06:30 AM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: blam
A rise of $7 on $1250 is not much. It is up $5 over last week. Sounds like someone has been paid for a inflammatory article
4
posted on
09/14/2010 7:16:28 AM PDT
by
mountainlion
(concerned conservative.)
To: blam
Hurry, Everyone! Move all your assets to gold!
5
posted on
09/14/2010 7:16:35 AM PDT
by
lurk
To: blam
A rise of $7 on $1250 is not much. It is up $5 over last week. Sounds like someone has been paid for a inflammatory article
6
posted on
09/14/2010 7:16:35 AM PDT
by
mountainlion
(concerned conservative.)
To: blam
Extrapolating two points to infinity is what Michael Mann did with his "hockey stick" climate-change scam.
7
posted on
09/14/2010 7:20:15 AM PDT
by
E. Pluribus Unum
("The only stable state is one in which all men are equal before the law." -- Aristotle)
To: mountainlion
Funny, I’m currently seeing a $21 rise and still climbing. Perhaps a bit more review is in order.
8
posted on
09/14/2010 7:22:17 AM PDT
by
Steamburg
(The contents of your wallet is the only language Politicians understand.)
To: blam
9
posted on
09/14/2010 7:22:24 AM PDT
by
Zakeet
(Like the wise Wee Wee said, "We can't be broke ... we still have checks in the checkbook.")
To: blam
Silver seems to be steadily moving.
We don't have a great deal but it has gone up this week, although it is like when it drops, you never make or lose money until you sell, at the moment we are holding it.
10
posted on
09/14/2010 7:22:55 AM PDT
by
Kakaze
(Exterminate Islamofacism and apologize for nothing....except not doing it sooner!)
To: Southack
11
posted on
09/14/2010 7:36:16 AM PDT
by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: blam
12
posted on
09/14/2010 7:36:41 AM PDT
by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: Southack
Potus is a muslim and a Saudi mole. A really bad sign.
13
posted on
09/14/2010 7:37:49 AM PDT
by
Frantzie
(Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
To: Southack
Good my gold tooth is worth more and my ammo is worth more too.
14
posted on
09/14/2010 7:40:52 AM PDT
by
oldasrocks
(They should lock all of you up and only let out us properly medicated people.)
To: Lurker
Silver Up .28, about 1.5%.
15
posted on
09/14/2010 7:41:21 AM PDT
by
MrB
(The difference between a (de)humanist and a Satanist is that the latter knows who he's working for.)
To: Southack
I like to think of it as a good sign. Hopefully it means that at least some of the sheeple are waking up to the fact that the US dollar system is dying quickly.
16
posted on
09/14/2010 7:41:38 AM PDT
by
okkev68
To: Lurker
"What’s silver doing?"
17
posted on
09/14/2010 7:42:20 AM PDT
by
blam
To: blam; Peter from Rutland; Southack; mountainlion; lurk; E. Pluribus Unum; Steamburg; Zakeet; ...
Or you could say it's "up half a percent".
18
posted on
09/14/2010 7:49:30 AM PDT
by
sam_paine
(X .................................)
To: Southack
Investment money going into a non-productive asset (e.g. gold) is a sign.
A bad sign..
BINGO. When money is fleeing as quickly as it can into an asset who's selling point is "you will probably lose, but you won't lose everything", you know there is a serious problem. I think that the damage to the US economy done by Obama is so vast that a retrenchment is required. Like Cuba yesterday firring 500,000 government workers because it couldn't make payroll. The same is going to happen in states like Illinois, California and possibly New York. And when it does the Feds are going to have to admit they don't have the cast to bail them out unless they run the printing presses 24-7. So the choice is between collapse, or hyper inflation, then a collapse.
Suddenly losing a little, but not losing everything seems like a good deal.
19
posted on
09/14/2010 7:53:07 AM PDT
by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: oldasrocks
I would not be surprised to read about brothers in the hood getting whacked for their “grills”. I think dental gold is 22k!
Don’t get drunk at a party and pass out. You may wake up a little lighter.
20
posted on
09/14/2010 7:56:56 AM PDT
by
panaxanax
(IMPEACH THE MUSLIM MARXIST....NOW!!!)
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