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GOLD $1900
TBI ^
| 8-22-2011
| Gus Lubin
Posted on 08/22/2011 6:30:33 PM PDT by blam
GOLD $1900
Gus Lubin
Aug. 22, 2011, 5:16 PM
Update: Gold hit the new record at $1,900.75.
Now read why Wells Fargo say this stunning rise does not look like a bubble.
(Excerpt) Read more at businessinsider.com ...
TOPICS: News/Current Events
KEYWORDS: commodities; gold; inflation; investing
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1
posted on
08/22/2011 6:30:40 PM PDT
by
blam
To: blam
we are in deep deep doo doo
2
posted on
08/22/2011 6:32:37 PM PDT
by
rjsclassics
(bringing people together)
To: blam
3
posted on
08/22/2011 6:34:31 PM PDT
by
blam
To: blam
corn 734.5
katy, bar the door!
4
posted on
08/22/2011 6:35:32 PM PDT
by
griswold3
(Character is Destiny)
To: blam
More like a mania at this point. But you know what they always say....this time is different!
5
posted on
08/22/2011 6:35:42 PM PDT
by
Huck
(Read Antifederalist Brutus)
To: Huck
The Dutch have seen this before with Tulip Bulbs.
6
posted on
08/22/2011 6:36:30 PM PDT
by
dfwgator
To: dfwgator
Gold equals tulip bulbs?
Hardly.
7
posted on
08/22/2011 6:37:43 PM PDT
by
Travis McGee
(www.EnemiesForeignAndDomestic.com)
To: blam
8
posted on
08/22/2011 6:39:06 PM PDT
by
4rcane
To: blam
market is pricing in ben’s qe3
To: dfwgator
You need to compare hard asset to hard asset through out time, not hard asset to a currency that is being printed and devalued. A chewing gum is a gadzillion zimbawae dollars but is the chewing gum in a bubble or simply zimbawae dollar was the bubble?
10
posted on
08/22/2011 6:42:54 PM PDT
by
4rcane
To: dfwgator
And it's not quite over yet. Ran across a poster here on FR the other day saying he JUST decided to buy some gold.
11
posted on
08/22/2011 6:45:15 PM PDT
by
Huck
(Read Antifederalist Brutus)
To: 4rcane
Rather an interesting chart, particularly as - to my rather unskilled layman’s view - that gold is beginning to retrace the same pricing steps it took back in 1972/73, as prelude to the miasma of the 1970s.
12
posted on
08/22/2011 6:46:02 PM PDT
by
Oceander
(The phrase "good enough for government work" is not meant as a compliment)
To: blam
Gold was $900 when Obama took office.
13
posted on
08/22/2011 6:46:38 PM PDT
by
Vision
("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
To: rjsclassics
that’s what my dentist said to me last week.
14
posted on
08/22/2011 6:46:41 PM PDT
by
ken21
(ruling class dem + rino progressives -- destroying america for 150 years.)
To: Travis McGee
Yes you can eat tulip bulbs.
15
posted on
08/22/2011 6:50:54 PM PDT
by
WOSG
(Cut the spending!)
To: dfwgator
The Dutch have seen this before with Tulip Bulbs.
Nope. I don’t think so.
Tulip bulbs were seen as an investment opportunity.
I think the rise in gold is not because of that, but is instead because of a falling (actually a Titanic crashing!!!) in the confidence of the paper assets and equities.
16
posted on
08/22/2011 6:53:20 PM PDT
by
djf
(One of the few FReepers who NEVER clicked the "dead weasel" thread!! But may not last much longer...)
To: rjsclassics
Yes, we can joke about it now, but things are going to hell in a hand basket quickly! Not sure that the US will survive this time.... Sorry for the pessimistic outlook...
17
posted on
08/22/2011 6:55:20 PM PDT
by
Deagle
To: griswold3
"katy, bar the door! " Katy asks that you get the door this time...she wants to say here in bed with me, ahem.
18
posted on
08/22/2011 7:01:24 PM PDT
by
blam
To: blam
Katy lies, you could see it in her eyes.
19
posted on
08/22/2011 7:03:23 PM PDT
by
dfwgator
To: Deagle
I do believe that is the plan.
20
posted on
08/22/2011 7:06:47 PM PDT
by
riri
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