Skip to comments.
Metals Prices Soaring Today; Platinum Over $1,000
EconomicsBriefing.com ^
Posted on 11/28/2005 10:09:55 AM PST by toaster
The January 2006 platinum contract has broken above $1,000 per ounce for the first time since 1980. The February Gold New York Mercantile contract has just broken above $500 per ounce...
(Excerpt) Read more at economicsbriefing.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: economy; gold; inflation
1
posted on
11/28/2005 10:09:56 AM PST
by
toaster
To: martin_fierro
Graphical assistance requested...
To: toaster
Unlike 1980 this is not a quick spike to be quickly retraced. The usual suspects will point out how gold is still under 1980 peak, but that's irrelevant. The true comparison is dollars to gold when they were unlinked in 1973 at $35 / ounce.
3
posted on
11/28/2005 10:13:12 AM PST
by
palmer
(Money problems do not come from a lack of money, but from living an excessive, unrealistic lifestyle)
To: Constitution Day
4
posted on
11/28/2005 10:24:42 AM PST
by
mayyah
To: Constitution Day
5
posted on
11/28/2005 10:25:31 AM PST
by
mayyah
To: toaster
Started buying one ounce gold coins back when gold was on the $390 to $410 range. Additionally I have a fair sized amount invested in Vanguards precious metal fund, adding to it periodically ... it's up over 150% the past three years. Good place to be, certainly for the next few years.
6
posted on
11/28/2005 10:33:52 AM PST
by
BluH2o
To: Constitution Day
7
posted on
11/28/2005 10:41:14 AM PST
by
sourcery
(Either the Constitution trumps stare decisis, or else the Constitution is a dead letter.)
To: toaster
Silver is up nicely too. I picked up some at $6 and change earlier in the year. Today its over $8!
8
posted on
11/28/2005 10:42:16 AM PST
by
Pylot
To: toaster; Constitution Day
To: martin_fierro
To: toaster
Bling Ping!
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
