To: Toddsterpatriot; expat_panama
You're not buying gold at $1100? When did you stop buying?
Read carefully. Backing up the truck and buying are not the same thing. Panama's grandma put 100K into gold @ $880/oz in 1980? $100K was a lot of money in 1980. It's amazing that she was able to nail the intra-day high for gold on that $100K trade - that's great timing.
We're a long way from this gold secular bull market's version of the 1980 blow off top. The public doesn't even know how spell gold right now.
136 posted on
11/14/2009 3:33:51 PM PST by
dollarbull
(why are paperbugs so bad at history?)
To: dollarbull
Read carefully. Backing up the truck and buying are not the same thing. Panama's grandma put 100K into gold @ $880/oz in 1980? Read carefully, it was his mother-in-law.
We're a long way from this gold secular bull market's version of the 1980 blow off top.
So what is the blow off top price? Or will you only know when it gets there?
138 posted on
11/14/2009 3:40:18 PM PST by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: dollarbull; Swing_Thought; Toddsterpatriot
"...a long way from this gold secular bull market's version of the 1980 blow off top. The public doesn't even know..."Excellent-- hey Todd, I knew you'd be able to explain that even though gold may be a great commodity for speculation, money is something completely different. I don't know what it was you said but thanks just the same!
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