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GOLD at highest yet? $1084.20
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Anonymous Coward
User ID: 738708
11/3/2009 1:50 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
Didn't some country just drop the dollar recently or said they would. I wish I could remember where I saw that. |
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awthrawthr 
User ID: 809120
11/3/2009 1:54 PM
 | | Re: GOLD at highest yet? $1084.20 | Quote |
This happened last month at the beginning of the month. I predicted it would happen again at the beginning of this month.
On October 5th, gold shot up $35 in one day. The reason for the jump was that a major player bought a gold futures on the last day of September and demanded delivery of the physical gold.
The supplier tried to offer a 25% premium in cash if they didn't have to deliver. The holder of the future's contract said, no thanks, you must deliver in five days as is stipulated in the contract. Hence gold soared on the fith day, as the supplier needed to cover.
My guess is that the recent India story could be a smoke screen. That story has been there for a day or two, so the sudden delayed jump might not fit that story.
But if a supplier is trying to get its hands on some gold to cover the delivery date, it would cause a spike like we are seeing now.
This tactic could be exercised over and over again with each new month. - at least until the whole charade goes up in smoke.
I suspect it is a government, because if a private group tried this, they'd be sleeping with the fishes within days...just like the buddy of Madoff drown in his pool.
Last Edited by awthrawthr on 11/3/2009 at 2:09 PM
Together we can cure cancer - one person at a time!
[link to www.snipurl.com] |
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Anonymous Coward
User ID: 434204 (OP)
11/3/2009 2:14 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
Now $1,086.10!!!!! |
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Punk A$$ets
User ID: 763071
11/3/2009 2:17 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
This the real deal, here and now. Read about how the dow/ gold ratio historically goes to below 4 during crisis times.
We be in a crisis Bo bo... |
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Anonymous Coward
User ID: 742149
11/3/2009 2:21 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
1087.40 GO GO GO |
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AC not DC
User ID: 680552
11/3/2009 2:22 PM | |
Punk A$$ets
User ID: 763071
11/3/2009 2:22 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
Now $1,086.10!!!!! Quoting: Anonymous Coward 434204
 |
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Anonymous Coward
User ID: 803442
11/3/2009 2:48 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
Do they still use gold for fillings?  |
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Punk A$$ets
User ID: 763071
11/3/2009 3:33 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
Do they still use gold for fillings?
Yes, banks use it to fill derivative holes.
Last Edited by Punk A$$ets on 11/3/2009 at 3:34 PM |
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Anonymous Coward
User ID: 793891
11/3/2009 3:35 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
If India bought 200 tns from the IMF, this price move is nothing compared to the news. The IMF has been threatening to sale 400 tns for years and one transaction just removed half of their metal. China had already said they would take it all so the way I see it there is 200 tns more of demand than metal in that one transaction. Did the US congress vote to approve the sale? I missed that apparently. |
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homemommy
User ID: 809529
11/3/2009 4:15 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
What does futures look like for tomorrow? Will it retreat or go up more? |
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Anonymous Coward
User ID: 802743
11/3/2009 4:41 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
AC 809509 Why not ask whether the chicken or the egg came first ?
ANY answer is subject to LOTS of agruement , LOL ! |
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Anonymous Coward
User ID: 809765
11/3/2009 7:15 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
Rap artists and hip hop stars have been telling the sheeple for decades to buy gold. Yet all of you thought they were wearing all that bling for nothing, HA! |
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Drakensang
User ID: 809578
11/3/2009 7:46 PM
 | | Re: GOLD at highest yet? $1084.20 | Quote |
AC 809509 Why not ask whether the chicken or the egg came first ?
ANY answer is subject to LOTS of agruement , LOL ! Quoting: Anonymous Coward 802743
The goose that lays the golden eggs is in danger of being birdnapped.
Be on the alert for signs of fowl play. |
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Anonymous Coward
User ID: 809805
11/3/2009 8:22 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
I wonder what is going on. Someone is buying gold, but why now? Quoting: Anonymous Coward 434204
Cause it's dirt cheap compared to where it's going?
Cause there's a worldwide financial collapse coming fast caused by $1 QUADRILLION of OTC derivatives that will wipe out all paper?
Cause gold is money as your Constitution states as your corrupt politicians and bankers hiding this fact from you? |
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Alfred
User ID: 809823
11/3/2009 8:42 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
I wonder what is going on. Someone is buying gold, but why now?
Cause it's dirt cheap compared to where it's going?
Cause there's a worldwide financial collapse coming fast caused by $1 QUADRILLION of OTC derivatives that will wipe out all paper?
Cause gold is money as your Constitution states as your corrupt politicians and bankers hiding this fact from you? Quoting: Anonymous Coward 809805
I dont understand - you can't eat gold?! There is no value in that babaric relic. Gold is just an old yellow metal that can be found everywhere in the ground, it has the same value as dirt in most ways, because that's where it comes from.
If anyone wants any gold, all they gotta do is buy a metal detector, or just go out in their yard and keep digging, you'll eventually come across this abundant relic of a useless item.
*cough* |
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Anonymous Coward
User ID: 809805
11/3/2009 8:44 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
I wonder what is going on. Someone is buying gold, but why now?
Cause it's dirt cheap compared to where it's going?
Cause there's a worldwide financial collapse coming fast caused by $1 QUADRILLION of OTC derivatives that will wipe out all paper?
Cause gold is money as your Constitution states as your corrupt politicians and bankers hiding this fact from you?
I dont understand - you can't eat gold?! There is no value in that babaric relic. Gold is just an old yellow metal that can be found everywhere in the ground, it has the same value as dirt in most ways, because that's where it comes from.
If anyone wants any gold, all they gotta do is buy a metal detector, or just go out in their yard and keep digging, you'll eventually come across this abundant relic of a useless item.
*cough* Quoting: Alfred 809823
lol, exactly |
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Anonymous Coward
User ID: 809844
11/3/2009 9:06 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
I wonder what is going on. Someone is buying gold, but why now?
Cause it's dirt cheap compared to where it's going?
Cause there's a worldwide financial collapse coming fast caused by $1 QUADRILLION of OTC derivatives that will wipe out all paper?
Cause gold is money as your Constitution states as your corrupt politicians and bankers hiding this fact from you?
I dont understand - you can't eat gold?! There is no value in that babaric relic. Gold is just an old yellow metal that can be found everywhere in the ground, it has the same value as dirt in most ways, because that's where it comes from.
If anyone wants any gold, all they gotta do is buy a metal detector, or just go out in their yard and keep digging, you'll eventually come across this abundant relic of a useless item.
*cough* Quoting: Alfred 809823
first, you can eat gold
second, gold has value because it as "uses" google is your
friend
third,gold is not found everywhere.
forth u r a tard |
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Anonymous Coward
User ID: 809847
11/3/2009 9:14 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
I wonder what is going on. Someone is buying gold, but why now?
Cause it's dirt cheap compared to where it's going?
Cause there's a worldwide financial collapse coming fast caused by $1 QUADRILLION of OTC derivatives that will wipe out all paper?
Cause gold is money as your Constitution states as your corrupt politicians and bankers hiding this fact from you?
I dont understand - you can't eat gold?! There is no value in that babaric relic. Gold is just an old yellow metal that can be found everywhere in the ground, it has the same value as dirt in most ways, because that's where it comes from.
If anyone wants any gold, all they gotta do is buy a metal detector, or just go out in their yard and keep digging, you'll eventually come across this abundant relic of a useless item.
*cough* Quoting: Alfred 809823
If you truly believe this, why not just dig up a big ol' batch for yourself and be rich like a Rockefeller?
Ijit! |
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weatherbill
User ID: 809867
11/3/2009 9:43 PM | |
Alfred
User ID: 809823
11/3/2009 10:22 PM | | Re: GOLD at highest yet? $1084.20 | Quote |
first, you can eat gold
second, gold has value because it as "uses" google is your
friend
third,gold is not found everywhere.
forth u r a tard Quoting: Anonymous Coward 809844
Oh, you got to be kidding, surely. Gold be metal, can't eat metal. Gold is a useless, babaric relic - and you CAN'T EAT it!
Gold has value? Yeah, like value as in the same value as dirt - that's where it comes from, the ground, and the ground is nothing but dirt my friend.
Gold is found everywhere, go dig in your back yard you tard. Hey that rhymes! You yard tard you.
*cough* |
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Anonymous Coward
User ID: 794250
11/4/2009 12:01 AM | | Re: GOLD at highest yet? $1084.20 | Quote |
first, you can eat gold
second, gold has value because it as "uses" google is your
friend
third,gold is not found everywhere.
forth u r a tard
Oh, you got to be kidding, surely. Gold be metal, can't eat metal. Gold is a useless, babaric relic - and you CAN'T EAT it!
Gold has value? Yeah, like value as in the same value as dirt - that's where it comes from, the ground, and the ground is nothing but dirt my friend.
Gold is found everywhere, go dig in your back yard you tard. Hey that rhymes! You yard tard you.
*cough* Quoting: Alfred 809823
I just like to watch this chart:
[link to www.kitco.com] |
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Anonymous Coward
User ID: 808849
11/4/2009 12:01 AM | | Re: GOLD at highest yet? $1084.20 | Quote |
Until I know the dollar is totally secure and stable, which is probably never now, I will not sell my gold. |
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Anonymous Coward
User ID: 794250
11/4/2009 12:02 AM | | Re: GOLD at highest yet? $1084.20 | Quote |
first, you can eat gold
second, gold has value because it as "uses" google is your
friend
third,gold is not found everywhere.
forth u r a tard
Oh, you got to be kidding, surely. Gold be metal, can't eat metal. Gold is a useless, babaric relic - and you CAN'T EAT it!
Gold has value? Yeah, like value as in the same value as dirt - that's where it comes from, the ground, and the ground is nothing but dirt my friend.
Gold is found everywhere, go dig in your back yard you tard. Hey that rhymes! You yard tard you.
*cough*
I just like to watch this chart:
[ link to www.kitco.com]
[link to www.kitco.com]
ok fixed:
[link to www.kitco.com] |
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Alfred
User ID: 809823
11/4/2009 12:20 AM | | Re: GOLD at highest yet? $1084.20 | Quote |
Quoting: Anonymous Coward 794250
This gold bull is only just beginning. I pity those who diss gold, do not own any, and think gold is peaking.
Well, gold will peak I guess one day - but today is not that day. I will not be surprised to see gold @5000 in the near future, especially when the rumors of the tungsten-infused gold bars prove true, and people start demanding delivery of all the bars that don't exist at the Comex warehouses.
That gonna be funny. Gold is going to explode; 1650 by year's end, 2500 early 2010, then a biiiiiiig pop to 4500-5000 either later next year or 2011 when all the johnny-come-latelys get in on the bandwagon. |
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Anonymous Coward
User ID: 800472
11/4/2009 12:21 AM | | Re: GOLD at highest yet? $1084.20 | Quote |
With all of the distractions with these stupid fake elections tonight, the bankers are continueing to loot us, and this is going to continue no matter WHAT 'PARTY' is running this country. |
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