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Holy Crap! Gold Tops $1770 Overseas.
Kitco ^
| 8-8-11
| Kitco
Posted on 08/08/2011 9:54:03 PM PDT by Atlas Sneezed
TOPICS: Business/Economy
KEYWORDS: au; crap; gold
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To: Beelzebubba
People aren't stupid.
They seek a safe haven.
From many perspectives, GOLD is it.
Problem is, gold is so danged high if one is not significantly in (it) by this time, it may well be a bit too late. (not necessarily the wisest idea to rush where everyone is rushing at the same time).....
2
posted on
08/08/2011 9:55:59 PM PDT
by
AmericanInTokyo
(Thinking that which cannot be written)
To: Beelzebubba
Quite a run up in 2 weeks.
3
posted on
08/08/2011 9:59:48 PM PDT
by
mlocher
(Is it time to cash in before I am taxed out?)
To: Beelzebubba
It seems like only yesterday it passed $1700.
To: Beelzebubba
Pre-packaged brass/lead/copper "precious metals" are close to pre-Obamacolypse prices and supply levels.
Trumps gold all day long in a SHTF world.
5
posted on
08/08/2011 10:03:51 PM PDT
by
DTogo
(High time to bring back the Sons of Liberty !!)
To: Beelzebubba
A lot of people are going to be very disappointed when they discover more gold is being sold than exists.
6
posted on
08/08/2011 10:06:02 PM PDT
by
South40
(Liberalism is a disease)
To: DTogo
"Pre-packaged brass/lead/copper "precious metals" are close to pre-Obamacolypse prices and supply levels."My Wal-Mart's shelves are finally getting stocked somewhat, altho at much higher prices than before Buckwheat. My Big Max A4 has a lot more usefullness left in it.
7
posted on
08/08/2011 10:16:42 PM PDT
by
matthew fuller
(If America is to survive, the national socialist democrat (NAZI) party must be destroyed.)
To: South40
A lot of people are going to be very disappointed when they discover more gold is being sold than exists.
Surprise, surprise.
8
posted on
08/08/2011 10:21:14 PM PDT
by
unkus
(Silence Is Consent)
To: Beelzebubba
...don’t think Soros didn’t load up on it a year ago
9
posted on
08/08/2011 10:26:11 PM PDT
by
Doogle
((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
To: South40
A lot of people are going to be very disappointed when they discover more gold is being sold than exists.I have this lingering feeling that the next great scam to be unveiled to the world is that all the precious-metal mutual funds and ETFs are managed by these two guys:
10
posted on
08/08/2011 10:27:47 PM PDT
by
kevao
To: Beelzebubba
Holy Crap indeed- There are 357.142 grains in a Troy Ounce. That means a grain of gold is selling for $4.956 per GRAIN. A standard aspirin weighs 5 grains.
11
posted on
08/08/2011 10:39:18 PM PDT
by
matthew fuller
(If America is to survive, the national socialist democrat (NAZI) party must be destroyed.)
To: matthew fuller
Sorry, those numbers are wrong. I think that it’s a lot worse than that.
12
posted on
08/08/2011 10:45:16 PM PDT
by
matthew fuller
(If America is to survive, the national socialist democrat (NAZI) party must be destroyed.)
To: AmericanInTokyo
“...gold is so danged high..”
With silver “flat” and back under $40.00 I will be buying Ag with both hands this week. IMO, silver is heading to $70+ within 3 months and will produce a much better profit than gold at this point.
Just my take on things.
13
posted on
08/08/2011 11:01:29 PM PDT
by
panaxanax
(0bama >>WORST PRESIDENT EVER.)
To: South40
yes, but not those that hold the gold in their hands
To: panaxanax
15
posted on
08/08/2011 11:27:36 PM PDT
by
Orange1998
(Give Obama a break... He inherited the AAA credit rating.)
To: South40
Does that mean gold bars are not made of gold?
16
posted on
08/09/2011 12:39:45 AM PDT
by
steveab
(When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
To: AmericanInTokyo
(not necessarily the wisest idea to rush where everyone is rushing at the same time)..... Whatever. That's what all perennial gloomsters were saying about the dot.com stocks in the 1990s. And how did that advice turn out?
Let me guess. You're bearish on Dutch tulips too?
17
posted on
08/09/2011 12:49:37 AM PDT
by
kevao
To: panaxanax
“With silver “flat” and back under $40.00 I will be buying Ag with both hands this week. ...”
Me too.
18
posted on
08/09/2011 3:11:35 AM PDT
by
CapnJack
To: panaxanax
Are you talking physical Ag, or are you confident that the “paper” MFs and ETFs are not, shall we say, oversubscribed?
19
posted on
08/09/2011 3:17:30 AM PDT
by
kevao
To: kevao
NOW HOW DID YOU GET INTO MY PORTFOLIO!!!!????
20
posted on
08/09/2011 3:50:27 AM PDT
by
AmericanInTokyo
(Thinking that which cannot be written)
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