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Gold Almost Touching $1200!!!

 
Anonymous Coward
User ID: 722642
Canada
12/01/2009 04:28 AM
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Gold Almost Touching $1200!!!
[link to www.kitco.com]
Anonymous Coward
User ID: 624456
United States
12/01/2009 04:29 AM
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Re: Gold Almost Touching $1200!!!
Hooray!!!!!!1
Anonymous Coward
User ID: 624456
United States
12/01/2009 04:32 AM
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Re: Gold Almost Touching $1200!!!
Gold $1,197 !

chorus
Hillcrest

User ID: 392015
United States
12/01/2009 04:32 AM
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Re: Gold Almost Touching $1200!!!
wow

dollar 74.5 [link to quotes.ino.com]
Water always wins. :sun:
Anonymous Coward
User ID: 624456
United States
12/01/2009 04:33 AM
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Re: Gold Almost Touching $1200!!!
Hang tight, Trin, hang tight.

Inflation is winning the battle over deflation.

Dollar is falling and Asian stocks soared tonight.

cheer
Anonymous Coward
User ID: 809239
France
12/01/2009 04:34 AM
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Re: Gold Almost Touching $1200!!!
Why so high suddenly?

I feel doom coming...
Anonymous Coward (OP)
User ID: 722642
Canada
12/01/2009 04:39 AM
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Re: Gold Almost Touching $1200!!!
I can't believe there isn't panic in the streets with gold at these levels

will I be selling any of my gold at these levels?

FUCK NO

hanging on tight
 Quoting: ^TrInItY^


That's what I was thinking! Thanks for the pin :)
Anonymous Coward
User ID: 821315
Thailand
12/01/2009 04:42 AM
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Re: Gold Almost Touching $1200!!!
What will happen when gold reaches 2012? damned
bill shitters

User ID: 831021
United Kingdom
12/01/2009 04:49 AM
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Re: Gold Almost Touching $1200!!!
i think the only thing stopping this hitting the masses is the news

on kitco over 30 days the cost of gold rose £70 or 10%
if anyone was raising rates that fast there would be an enquiry
The retired thread killer


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we come in peace shoot to kill
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Anonymous Coward
User ID: 715179
United States
12/01/2009 05:04 AM
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Re: Gold Almost Touching $1200!!!
The lid on this cannot be contained any more.

It's gonna blow.
Anonymous Coward
User ID: 821315
Thailand
12/01/2009 05:04 AM
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Re: Gold Almost Touching $1200!!!
you think gold went up fast? watch oil in the next few months.
Anonymous Coward
User ID: 831027
Northern Mariana Islands
12/01/2009 05:08 AM
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Re: Gold Almost Touching $1200!!!
$3200 by the end of the year.
Anonymous Coward
User ID: 724480
United States
12/01/2009 05:18 AM
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Re: Gold Almost Touching $1200!!!
you think gold went up fast? watch oil in the next few months.
 Quoting: Anonymous Coward 821315



i reckon we will all know that a worldwide DEPRESSION is going on then!!!
Jenn++

User ID: 821384
United States
12/01/2009 05:28 AM
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Re: Gold Almost Touching $1200!!!
Gold goes up in world crisis. Perhaps the British kidnapping by Iran?
Life is short, make everyday special
anonymous
User ID: 830816
United States
12/01/2009 06:22 AM
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Re: Gold Almost Touching $1200!!!
since 2005 2006 when gold ranged around a rediculous price of 500 an ounce . it began to negatively empact the retail Jewery markets. gold 911 was $267.00 an ounce.. still high but not out of question for jewery markets across the world.. gold prices hascontinued to pushed avarage and abov e average consumers out of jewery markets since 2005 .2006 with ongoing gold price spikes year after year. It has caused the jewery markets in gold jewery and gold diamond and gemstones jewery up against the wall as doors close daily for years in retail sales whole sale manufactors . A intire global industry is now on its knees from manufators wholesalers and retailer of fine jewery ... the massive global fall out from the price spikes in gold will linger for years thus holding down a intire global jewery markets at all levels. . when any commodity is overpriced it then shifts market but not really for the better at the end of the day .oil was $20.00 in year 2000.. ongoing rediculous prices drove us in near depressions as a result.. it caused working class peple by year 2006 to purchase only essentials by 2003 2004 home prices had exceeed normal consumer's ability to purchase ..subprim moved the markets forward, buuuuuut bubbles will finnaly burst with that theory and practice .. . .... happened in the 1980s hard recession when ARM had been in operation since early 1980s ..........The 80s hardrecession ment fine homes went to forclosere from lack of enough qualified buyers from unemployments in hard hit regions and overpriced housing stock .. So an intire industry was back then on its face for 5 to 7 years ...
Anonymous Coward
User ID: 798101
United States
12/01/2009 06:30 AM
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Re: Gold Almost Touching $1200!!!
since 2005 2006 when gold ranged around a rediculous price of 500 an ounce . it began to negatively empact the retail Jewery markets. gold 911 was $267.00 an ounce.. still high but not out of question for jewery markets across the world.. gold prices hascontinued to pushed avarage and abov e average consumers out of jewery markets since 2005 .2006 with ongoing gold price spikes year after year. It has caused the jewery markets in gold jewery and gold diamond and gemstones jewery up against the wall as doors close daily for years in retail sales whole sale manufactors . A intire global industry is now on its knees from manufators wholesalers and retailer of fine jewery ... the massive global fall out from the price spikes in gold will linger for years thus holding down a intire global jewery markets at all levels. . when any commodity is overpriced it then shifts market but not really for the better at the end of the day .oil was $20.00 in year 2000.. ongoing rediculous prices drove us in near depressions as a result.. it caused working class peple by year 2006 to purchase only essentials by 2003 2004 home prices had exceeed normal consumer's ability to purchase ..subprim moved the markets forward, buuuuuut bubbles will finnaly burst with that theory and practice .. . .... happened in the 1980s hard recession when ARM had been in operation since early 1980s ..........The 80s hardrecession ment fine homes went to forclosere from lack of enough qualified buyers from unemployments in hard hit regions and overpriced housing stock .. So an intire industry was back then on its face for 5 to 7 years ...
 Quoting: anonymous 830816


This make sense except that market value of a commodity is based on supply and demand. In this case of gold the price is rising due to the printing of currency based on NOTHING !!!

The Jewelry business has existed because the wealthy wanted their wealth (based in the standard of gold for thousands of years) to be displayed. This modality of display works in an economy that has a gold backed currency... not with ours based on fiat paper.
Anonymous Coward
User ID: 811406
Argentina
12/01/2009 06:30 AM
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Re: Gold Almost Touching $1200!!!
GLPer South American bank analyst Strongman shelford:

Hi, I am Strongman Shelford. Yes watch gold, time is coming.
Thread: Hi, I am Strongman Shelford. Yes watch gold, time is coming.
9/16/2009
Anonymous Coward
User ID: 798101
United States
12/01/2009 06:33 AM
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Re: Gold Almost Touching $1200!!!
You can bet that the only ones that will crow about gold's rise as a "bad thing" are those that don't own any.
Anonymous Coward
User ID: 831065
United States
12/01/2009 06:40 AM
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Re: Gold Almost Touching $1200!!!
You can bet that the only ones that will crow about gold's rise as a "bad thing" are those that don't own any.
 Quoting: Anonymous Coward 798101


Ding ding ding.

You can bet on it.
.999
User ID: 721293
United States
12/01/2009 07:11 AM
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Re: Gold Almost Touching $1200!!!
When Silver closes above $19 it will start to move fast $25 $30.

banana2
Punk A$$ets

User ID: 763071
United States
12/01/2009 07:33 AM
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Re: Gold Almost Touching $1200!!!
If you want to see what a farce the USD is, look at this chart. For 200 years golds price stayed at a suprisingly stable level. Only in 1973 did the wheels start to come off. This is debasement before your eyes:

Its about to go parabolic:

[link to www.zaverat.com]

Last Edited by Chucklebutt on 12/01/2009 07:35 AM
Anonymous Coward
User ID: 831088
Belarus
12/01/2009 07:42 AM
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Re: Gold Almost Touching $1200!!!
You can bet that the only ones that will crow about gold's rise as a "bad thing" are those that don't own any.
 Quoting: Anonymous Coward 798101



You Are An Idiot.

Death of Dollar = Your Death
Anonymous Coward
User ID: 831088
Belarus
12/01/2009 07:42 AM
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Re: Gold Almost Touching $1200!!!
You all sound like fuckin schoolkids who think that chaos would be fun.

It will be no fun.
Emmeric

User ID: 754308
United States
12/01/2009 07:51 AM
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Re: Gold Almost Touching $1200!!!
Why so high suddenly?

I feel doom coming...
 Quoting: Anonymous Coward 809239


Where you been? Gold has been on a fairly steady rise. It is not yet vertical.

Seems to be taking forever, to me.
When blacks have identity it is called pride.
When indians have identity it is called culture.
When Jewish people have identity it is called history.
When WHITES have identity it is called Racism.
Emmeric

User ID: 754308
United States
12/01/2009 07:52 AM
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Re: Gold Almost Touching $1200!!!
If you want to see what a farce the USD is, look at this chart. For 200 years golds price stayed at a suprisingly stable level. Only in 1973 did the wheels start to come off. This is debasement before your eyes:

Its about to go parabolic:

[link to www.zaverat.com]
 Quoting: Punk A$$ets


This guy knows what he's talking about.
When blacks have identity it is called pride.
When indians have identity it is called culture.
When Jewish people have identity it is called history.
When WHITES have identity it is called Racism.
homemommy

User ID: 809529
United States
12/01/2009 07:58 AM
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Re: Gold Almost Touching $1200!!!
You all sound like fuckin schoolkids who think that chaos would be fun.

It will be no fun.
 Quoting: Anonymous Coward 831088


Thank You. Don't these people ever think of anyone besides themselves?

I own some gold and silver, not a lot, we can't afford it. Much more economic gloom and my husband will lose his job. They are laying off weekly, since he's been there 15 years and is a superintendent, he'll be one of the last to go.

What about all the kids who are going to have their world torn apart? How am I going to explain this to my children?
And the old people are struggling as it is?

No, sorry, I'm not doing a happy dance.
Anonymous Coward
User ID: 679397
United States
12/01/2009 08:18 AM
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Re: Gold Almost Touching $1200!!!
You can bet that the only ones that will crow about gold's rise as a "bad thing" are those that don't own any.



You Are An Idiot.

Death of Dollar = Your Death
 Quoting: Anonymous Coward 831088


Dollar = Federal Reserve Note

Federal Reserve Note was built for destruction, It is what it is designed to do. WAKE UP 1088
anonymous
User ID: 830816
United States
12/01/2009 08:19 AM
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Re: Gold Almost Touching $1200!!!
since 2005 2006 when gold ranged around a rediculous price of 500 an ounce . it began to negatively empact the retail Jewery markets. gold 911 was $267.00 an ounce.. still high but not out of question for jewery markets across the world.. gold prices hascontinued to pushed avarage and abov e average consumers out of jewery markets since 2005 .2006 with ongoing gold price spikes year after year. It has caused the jewery markets in gold jewery and gold diamond and gemstones jewery up against the wall as doors close daily for years in retail sales whole sale manufactors . A intire global industry is now on its knees from manufators wholesalers and retailer of fine jewery ... the massive global fall out from the price spikes in gold will linger for years thus holding down a intire global jewery markets at all levels. . when any commodity is overpriced it then shifts market but not really for the better at the end of the day .oil was $20.00 in year 2000.. ongoing rediculous prices drove us in near depressions as a result.. it caused working class peple by year 2006 to purchase only essentials by 2003 2004 home prices had exceeed normal consumer's ability to purchase ..subprim moved the markets forward, buuuuuut bubbles will finnaly burst with that theory and practice .. . .... happened in the 1980s hard recession when ARM had been in operation since early 1980s ..........The 80s hardrecession ment fine homes went to forclosere from lack of enough qualified buyers from unemployments in hard hit regions and overpriced housing stock .. So an intire industry was back then on its face for 5 to 7 years ...


This make sense except that market value of a commodity is based on supply and demand. In this case of gold the price is rising due to the printing of currency based on NOTHING !!!

The Jewelry business has existed because the wealthy wanted their wealth (based in the standard of gold for thousands of years) to be displayed. This modality of display works in an economy that has a gold backed currency... not with ours based on fiat paper.
 Quoting: Anonymous Coward 798101

As people grow up they too want a few pieces of gold jewery wedding rings etc birthday present of gold gemstones or occasion diamond only because it is a durable goods ....employment in gold jewery markets at all levels includeing mining of simi and precious gemstones diamonds are on thier face ..and were globaly wrecked .. We see where high oil got everyone.. global massive unemployment caused housing bubbles and collapse of that industry and jobs and the fallout goes on for years in industry after industry .........maybe a full decade in many catagories ..gold sales alone cannot replace an intire global wide jewery industry ..those jobs are gone for years now ..all around the globe. gold prices will have to collapse for that industry to come back. ..after a long hard recession folks starrt buying essential and furnitures etc.later on after good times have seriously returned they purchase fine jewery ..fine jewery markets will be the last items to come back in full swing for that reason.
Anonymous Coward
User ID: 831071
France
12/01/2009 08:27 AM
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Re: Gold Almost Touching $1200!!!
What will happen when gold reaches 2012? damned
 Quoting: Anonymous Coward 821315


dig it and save it , turn on GPS to put coordinate on it
the land and sea maybe change but coordinate change not :D

this how Solomon the richest man in history save his treasure :p
Discs

User ID: 784046
Canada
12/01/2009 08:45 AM
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Re: Gold Almost Touching $1200!!!
I can't believe there isn't panic in the streets with gold at these levels

will I be selling any of my gold at these levels?

FUCK NO

hanging on tight


That's what I was thinking! Thanks for the pin :)
 Quoting: Smoulderin'Gal

alright Gal breaks her pin virginity!!

this is good news Gal, i bought a bunch of gold bars at 680.00 per oz.......
will you marry me now ? :) :hf:
So be it........
Anonymous Coward
User ID: 830715
United Kingdom
12/01/2009 08:47 AM
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Re: Gold Almost Touching $1200!!!
I can't believe there isn't panic in the streets with gold at these levels

will I be selling any of my gold at these levels?

FUCK NO

hanging on tight
 Quoting: ^TrInItY^


why would there be? was there panic in the streets when the stock market was at 15,000? what about when house prices were a billion times average earnings? it is a BUBBLE...there have been many bubbles in financial history. read an economic history text book.





GLP