Users Online Now:
1,899
(
Who's On?
)
Visitors Today:
308,159
Pageviews Today:
535,604
Threads Today:
260
Posts Today:
4,333
09:41 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Breaking (Again): Dollar Index Dropping, Gold Rising. Precursor for the coming week?
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:GlassPearls:MV8xMjM2NzUzXzIwMTQ5MjI3XzIwRUQwNjg5] [quote:Anonymous Coward 1144116] Another mindless baboon! think what you want sport. [b]Buying gold is for chumps[/b] I've read that same crap at $500, then $700, again at $900, $1100, and now at $1300. See a pattern? ;-) How much was the pants you wearing right now compared to when gold was at 500.00. Or the Gas your buying,or the food your eating? Those prices are up. Way up. By like 40 %. Now look at the posted inflation rates for those years posted in the link below. Now you tell me how gold had kept up with inflation. Somebody is lying about the TRUE INFLATION NUMBERS. http://www.usinflationcalculator.com/inflation/historical-inflation-rates/ [/quote] You must be responding to the same person I was. Certainly not me, as we are on the same page. The CPI is bullshit as are all government numbers. John Williams at Shadowstats knows the score quite well. Our reality: DEFLATION in what you own, INFLATION in what you need. ;-) [/quote]
Original Message
Interesting to see the US dollar losing ground yet again as the dollar index goes back towards a downward trend:
[
link to quotes.ino.com
]
(77.191 at the time of posting)
Meanwhile, gold is rising due to "predominant buying" (icrease of usd 11.80 as of now) on Kitco, with the dollar value weakening (increasing +1.40 usd as of now)
[
link to www.kitco.com
]
-- What will next Monday/Tuesday bring?
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>