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Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?

 
Anonymous Coward
User ID: 665120
Norway
08/24/2011 01:37 PM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
I just don't get it, and never will understand this mad world.
 Quoting: Lastdays


Its' because they announced that there is going to be QE3..thats' why..

Buy Stocks whilst they're Cheap..the Fed is about to Pump in more Money which will inflate all Stocks again.

Sick Really..but hey!?
 Quoting: Spittin'Cesium


I'm sorry, did I miss this announcement??
 Quoting: Anonymous Coward 1327937


I just don't get it, and never will understand this mad world.
 Quoting: Lastdays


Its' because they announced that there is going to be QE3..thats' why..

Buy Stocks whilst they're Cheap..the Fed is about to Pump in more Money which will inflate all Stocks again.

Sick Really..but hey!?
 Quoting: Spittin'Cesium


I'm sorry, did I miss this announcement??
 Quoting: Anonymous Coward 1327937


Dream on, it won't be announced any Q3, and Friday is Wall Street DOOM!!!
5a
Anonymous Coward
User ID: 1327937
United States
08/24/2011 01:39 PM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
I just don't get it, and never will understand this mad world.
 Quoting: Lastdays


Its' because they announced that there is going to be QE3..thats' why..

Buy Stocks whilst they're Cheap..the Fed is about to Pump in more Money which will inflate all Stocks again.

Sick Really..but hey!?
 Quoting: Spittin'Cesium


I'm sorry, did I miss this announcement??
 Quoting: Anonymous Coward 1327937


Dream on, it won't be announced any Q3, and Friday is Wall Street DOOM!!!
5a


I was being sarcastic
Lastdays  (OP)

User ID: 1217364
United States
08/24/2011 03:44 PM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
For crying out loud, BAC is up 11% and gold is down $152.00 dollars!
Anonymous Coward
User ID: 1501118
United Kingdom
08/24/2011 03:46 PM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
For crying out loud, BAC is up 11% and gold is down $152.00 dollars!
 Quoting: Lastdays


Buy buy buy
Anonymous Coward
User ID: 1411826
United States
08/24/2011 06:16 PM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
Get rid of paper gold and get physical now!
Spittin'Cesium

User ID: 1364113
United Kingdom
08/24/2011 07:30 PM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
I just don't get it, and never will understand this mad world.
 Quoting: Lastdays


Its' because they announced that there is going to be QE3..thats' why..

Buy Stocks whilst they're Cheap..the Fed is about to Pump in more Money which will inflate all Stocks again.

Sick Really..but hey!?
 Quoting: Spittin'Cesium


I'm sorry, did I miss this announcement??
 Quoting: Anonymous Coward 1327937


Apparently so..The Market has already Priced it in according to Bloomberg.
The thing that hath been,
is That which shall be;
and that which is done is that which shall be done:and there is no new thing under the Sun.
Ecclesiastes 9:1
Sand Flea

User ID: 1519914
United States
08/25/2011 09:30 AM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
BAC up 18% pre market Buffett bought 5 Billion of "preferred stock"
Anonymous Coward
User ID: 1485869
Australia
08/25/2011 09:40 AM
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Re: Why is gold down -$132.00 dollars? I thought it was a safe haven against these falling currencies? Also, why are BAC stocks soaring?
It goes up and down everyday.....





GLP