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Gold Prices Getting Slammed
the street ^ | Friday January 14, 2011, 9:11 am EST | ByAlix Steel,

Posted on 01/14/2011 8:33:09 AM PST by BenLurkin

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To: jiggyboy

Thank you. I need not read anymore responses.


21 posted on 01/14/2011 10:35:47 AM PST by Sawdring
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To: BenLurkin

Gold is “on sale” today!


22 posted on 01/14/2011 12:31:47 PM PST by April Lexington (Study the Constitution so you know what they are taking away!)
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To: sickoflibs
Buy gold now???

Your wife will appreciate it! ;-)

23 posted on 01/14/2011 2:47:53 PM PST by calcowgirl ("Controlling carbon is a bureaucrat's dream. If you control carbon, you control life" --Lindzen)
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To: BenLurkin

Time to buy, I like the little dips when I can make 5% in one day...


24 posted on 01/14/2011 2:59:36 PM PST by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
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To: DoughtyOne; sickoflibs

I have never bought gold. I fared much much better with real estate over the last 30 years.

What was the price of gold in 1980?

What was it in 1990?

2000?

No thanks ;-)


25 posted on 01/15/2011 8:49:01 AM PST by stephenjohnbanker
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To: calcowgirl; sickoflibs

” Buy gold now???
Your wife will appreciate it! ;-) “

I just KNEW you were a “ gold digger” !!


26 posted on 01/15/2011 8:50:45 AM PST by stephenjohnbanker
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To: stephenjohnbanker

Generally speaking, you get about one spike in metals per generation. And generally speaking, you’ll get a 300 to 500% spike “IF” you time it right.

And then you get all the folks who didn’t time it right. I’m sure a lot of people bought in as Gold peaked. What happens when the floor falls out. You don’t hear about those folks. You only hear about the folks who “say” they made a killing.

And of course some people do make a killing. And of course, some folks get killed.

As with these types of things, when everyone is saying this can’t end, and it will continue to go up, that’s generally when you need to get out.

I may be wrong, but I’m not convinced we’re far from that right now.


27 posted on 01/15/2011 10:40:25 AM PST by DoughtyOne (All hail the Kenyan Prince Obama, Lord of the Skid-mark, constantly soiling himself and our nation.)
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To: stephenjohnbanker

LOL. I’m not a “digger”... I’m a “prospector.” ;-)


28 posted on 01/15/2011 3:44:26 PM PST by calcowgirl ("Controlling carbon is a bureaucrat's dream. If you control carbon, you control life" --Lindzen)
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