ROFL.
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
Posted on 11/04/2010 2:12:33 PM PDT by docbnj
DOLLAR WEAK, COMMODITIES UP: Commodities chalked up broad gains as the dollar weakened and investors sought some protection against the prospect of inflation. GOLDEN RECORD: Gold set another record high as investors sought it out for its reputation as a safer risk during uncertain economic times. Silver prices rose 6.2 percent.
(Excerpt) Read more at nytimes.com ...
The Times also runs an article on the low-interest policies of the European countries, which I guess is supposed to show that if the sophisticates in Europe are doing it, it must be OK.
The list, ping
Let me know if you would like to be on or off the ping list
Sorry, I just felt like ruining a troll's day
Europe for all it’s faults does not give away free houses in most cases. The UK is totally FU but Germanyu and most of northern Europe is not. They also do not elect uneleigible muslim marxists to destroy their countries.
Blair and Browne in the UK were essentially muslim marxists.
One word about gold and the rapidly becoming worthless dollar - Zimbabwe.
But, but, but at 1400 USD/oz, for most folks its too late to buy now anyway.
I’m not saying “screw gold” but given the rapid rise in food prices, maybe buying some extra chow (canned for freeze dried)each trip tothe store could pay off better than buying over priced gold.
The Greater Depression II is on its way.
Or not.
Yep. Gold up, silver up, platinum up, dollar down.
Although I think we MIGHT get a small pullback here before we continue upward. I wouldn’t expect more than about a 5-10% drop over the next week or two, before the rise resumes.
Just my opinion. No way to be sure. Meantime, my precious metals portfolio was up 6% today. Not too bad.
“But, but, but, but, but you can’t eat gold”
Can’t eat dollars, either.
QE2?
Thanks to the marxist in Washington, we’ll have to deal with inflation. When salaries go up, they’ll be taxed more due to bracket creep and the marxists won’t need to raise taxes - they will be raised automatically.
Same for the American Stock Market and most anything else denominated in Dollars.
The Dollar is down because it is being intentionally devalued by the Fed.
It's all according to plan.
From http://www.themoneymasters.com/
“The purpose of this financial crisis is to take down the U.S. dollar as the stable datum of planetary finance and, in the midst of the resulting confusion, put in its place a Global Monetary Authority [GMA - run directly by international bankers freed of any government control] -a planetary financial control organization”- Bruce Wiseman
Ive been expecting a pull back to get JP Morgan out from under its HUGE short position in silver...maybe that wont happen and we’ll just bail them out at some point...
ROFL.
For an illustration of how the current chart is very different from an actual bubble, see here:
http://www.freerepublic.com/focus/f-news/2618060/posts?page=30#30
As if somehow gold is going to become less desirable than the latest run of Federal Reserve toilet paper.
Oh well, good for them.
More gold for me.
Ping.
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