Submitted by bad_karma on Wed, 10/07/2009 - 12:20.
it hit 1049.50.... I hope it comes down... people need to buy it and silver..
but then again the morons did not buy when gold was at 800 and silver at 8 about a year ago... there may not be another opportunity like that again..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
—
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
Submitted by bad_karma on Wed, 10/07/2009 - 12:21.
I checked that yesterday and it was up in ALL currencies.. if it were going up in Dollars only I would think that it would be due for a big correction.. but it was going up in all currencies.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
—
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
I've literally been IN THE PROCESS of withdrawing 10k from my insurance policy in order to buy gold and silver. I was JUST LAST NIGHT, settling on a good bullion company to do business with. I'm really, REALLLLLLY upset right now.
Submitted by sentinel18 on Tue, 10/06/2009 - 13:08.
an oz you will forget what you even bought it at. 1000, 1040, 1100, who cares.
_________________________________________________
A recent history of the US economy - http://www.youtube.com/watch?v=Wzze9xCPuok
Submitted by bad_karma on Tue, 10/06/2009 - 16:32.
exactly......
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
—
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
The us mint's highest end collectibles have a pricing mechanism that fluctuates weekly. The Ultra High Relief Double Eagle looks to be sold at $1389 next week. It's available for $1339 today.
When the market goes down, so will the price of gold. That will be a buying opportunity.
If inflation does hit first, having money in your possession is not a bad thing either, especially if a bank holiday arrives.
I waiting this out also, but be ready to make your move quickly if things improve.
Submitted by greatscott on Tue, 10/06/2009 - 17:32.
Gold is linked to the Dollar which is linked to Oil.
"The price of Freedom is Eternal Vigilance"- Thomas Jefferson
—
There is no Left or Right -- there is only freedom or tyranny. Everything else is an illusion, an obfuscation to keep you confused and silent as the world burns around you." - Philip Brennan
"Invest only in things that you can stand in front of and pr
Submitted by bad_karma on Tue, 10/06/2009 - 11:29.
Steve,
I don't know if that will happen this time around.. flight to quality.. stocks are not quality.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
—
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
the only reason people are playing the stock market right now is because it is liquid. I do agree though, the stock market will come crashing down one day soon and the pattern of the great crash being 6 months later has some logic. Some are saying the stock market will go down to about 5,000 or less by May 2010.
What people are playing the stock market. It is the Fed that is playing the stock market. They are investing FRNs in foreign markets, driving the prices up on the foreign markets, while driving the value of the dollar down. When the foreign markets are ripe for harvest they will sell off the stock and make a profit off the stocks as well as the difference from the fallen dollar. Dollars are then removed from those countries and brought back into the coffers of the Fed. The little guy that fails to get into the market to late and out too late gets killed and it will probably start all over again. I would suggest to anyone that is playing the foreign markets to keep a close eye on their foreign investments. For example the Brazilian stock market has gone up 66.9% this year, while the dollar has fallen from 2.4 for 1 to 1.75 for 1.
Take your profits and put them in perhaps "palladium".
grant
I don't believe that there are any quality stocks. It is apparent that the price of precious metals has been following the stock market in general. The day that that linkage is broken, namely when the market goes down and gold goes UP, is the day when TSHTF.
Submitted by bad_karma on Tue, 10/06/2009 - 12:30.
I am hoping the price will come down... I would love to see 800.00 gold and 8 dollar silver..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
—
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
At least someone pays attention. You remember when I suggested trading gold for palladium, gold was trading 5 times that of palladium. Palladium was trading at $180. Today it is trading at 311 and gold is only 3.3 times more in value. I expect palladium to go up to 1.8 times more than gold. If gold is money it should be spent as such, we can't only look to the price of FRNs when trading, there are other commodities that hold and have real value.
I can't disagree with you. And I enjoy your persistence.
I think any useful commodity is better than dollars, stocks, or bonds. Commodities that are stable, compact, and likely to have significant future industrial use are even better. That would seem to include Paulladium.
However gold and silver may revert to their near-universal historical role as money itself. And demand for gold and silver as money itself trumps any industrial demand. Money is half of nearly every transaction on earth. Hence the BIG play, the play that goes far beyond normal commodity strategies, is in the monetization of gold and silver. But failing that, gold and silver will still be useful commodities.
But I have moved beyond hoarding of supplies and metals into planning and preparing for living and working long-term in the post-apocalyptic economy. Traded my PMs for tools and supplies for processing local agricultural and wild-harvest food and energy products.
Very smart of you.
Actually I don't have a lot of gold, silver or even palladium. I would like to see the return of gold and silver as money recognized by our government, but it doesn't seem to be happening. As private money gold and silver is great, if you can find people to trade with directly without having to go through a dealer. That of course is not always possible.
As you know, my concern is with those who believe it is possible to drive the price of gold up by our buying it. Unfortunately there is way too much gold out there for the R3volution movement be much of an influence. Palladium on the other hand is much less available and could easily be driven up by a concerted effort by the R3volution movement.
Just to make another point though, since it is assumed that the U.S. treasury has the worlds largest reserve of gold, any increase in the price of gold increases the value of the gold held on reserve. As the world drives up the value of gold the value of the U.S. treasuries' reserves are driven up. However if we were to put our efforts into driving up the price of palladium, something the U.S. treasury has very limited reserves of and if we used it to trade with, then it eliminates the U.S. treasury out of the equation. Whether of not gold and silver became the worlds money would make no difference since our movement of individuals would have control of the palladium market. We could then either continue to trade palladium or trade it for gold and silver. Of course it could lead to another situation like that of the Whiskey rebellion, but is that something the R3volution should be afraid of?
grant
live free or die,
all you need to do is lock in your price now. once you are locked in then no matter what the change is you still get your gold or silver at the price you locked in at. www.golddealer.com
Good day for gold!
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
The streak Continues!
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
it hit 1049.50.... I hope it
it hit 1049.50.... I hope it comes down... people need to buy it and silver..
but then again the morons did not buy when gold was at 800 and silver at 8 about a year ago... there may not be another opportunity like that again..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
how is the price of Gold doing in other currencies ?
........................................................
I checked that yesterday and
I checked that yesterday and it was up in ALL currencies.. if it were going up in Dollars only I would think that it would be due for a big correction.. but it was going up in all currencies.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
Another Record High Today!
We may be breaking a record every day from here out...
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
The Dow is heading for 10,000
It may not be too far in the future when the market crashes and stock brokers start coming out of windows.
Great day for the metals market.
Metal Bid Ask
Gold $1,041.70 $1,042.70 up 24.90
Silver $17.36 $17.41 up 0.86
Platinum $1,309.70 $1,319.70 up 18.90
Palladium $307.00 $312.00 up 7.70
Updated:10/6/2009 4:12:23 PM CST
I'm SO pissed off!
I've literally been IN THE PROCESS of withdrawing 10k from my insurance policy in order to buy gold and silver. I was JUST LAST NIGHT, settling on a good bullion company to do business with. I'm really, REALLLLLLY upset right now.
When gold hits 2000,3000, 5000
an oz you will forget what you even bought it at. 1000, 1040, 1100, who cares.
_________________________________________________
A recent history of the US economy - http://www.youtube.com/watch?v=Wzze9xCPuok
exactly...... A prudent man
exactly......
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
UHR DE
The us mint's highest end collectibles have a pricing mechanism that fluctuates weekly. The Ultra High Relief Double Eagle looks to be sold at $1389 next week. It's available for $1339 today.
http://usmint.gov
http://FlipFlopRomney.blogspot.com
Wait it out. The stock market and gold are still linked.
When the market goes down, so will the price of gold. That will be a buying opportunity.
If inflation does hit first, having money in your possession is not a bad thing either, especially if a bank holiday arrives.
I waiting this out also, but be ready to make your move quickly if things improve.
Gold is linked to the Dollar
Gold is linked to the Dollar which is linked to Oil.
"The price of Freedom is Eternal Vigilance"- Thomas Jefferson
There is no Left or Right -- there is only freedom or tyranny. Everything else is an illusion, an obfuscation to keep you confused and silent as the world burns around you." - Philip Brennan
"Invest only in things that you can stand in front of and pr
Steve, I don't know if that
Steve,
I don't know if that will happen this time around.. flight to quality.. stocks are not quality.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
I heard
the only reason people are playing the stock market right now is because it is liquid. I do agree though, the stock market will come crashing down one day soon and the pattern of the great crash being 6 months later has some logic. Some are saying the stock market will go down to about 5,000 or less by May 2010.
Detective Krum Investigates:
http://victory1project.wordpress.com/
http://v1-p.com/
Detective Krum Investigates:
http://victory1project.wordpress.com/
What people are playing the
What people are playing the stock market. It is the Fed that is playing the stock market. They are investing FRNs in foreign markets, driving the prices up on the foreign markets, while driving the value of the dollar down. When the foreign markets are ripe for harvest they will sell off the stock and make a profit off the stocks as well as the difference from the fallen dollar. Dollars are then removed from those countries and brought back into the coffers of the Fed. The little guy that fails to get into the market to late and out too late gets killed and it will probably start all over again. I would suggest to anyone that is playing the foreign markets to keep a close eye on their foreign investments. For example the Brazilian stock market has gone up 66.9% this year, while the dollar has fallen from 2.4 for 1 to 1.75 for 1.
Take your profits and put them in perhaps "palladium".
grant
I forgot to mention that this is a "hope."
I don't believe that there are any quality stocks. It is apparent that the price of precious metals has been following the stock market in general. The day that that linkage is broken, namely when the market goes down and gold goes UP, is the day when TSHTF.
I am hoping the price will
I am hoping the price will come down... I would love to see 800.00 gold and 8 dollar silver..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
Nice!
Perfect explaination steve.
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
I suggest diversification.
Buy Palladium.
It has just as much potential if not more.
grant
Hahahahaha
You are nothing if not relentless. You should change your name to Pauladium! Good on ya, Bro.
Thanks,
At least someone pays attention. You remember when I suggested trading gold for palladium, gold was trading 5 times that of palladium. Palladium was trading at $180. Today it is trading at 311 and gold is only 3.3 times more in value. I expect palladium to go up to 1.8 times more than gold. If gold is money it should be spent as such, we can't only look to the price of FRNs when trading, there are other commodities that hold and have real value.
grant
Can't argue
I can't disagree with you. And I enjoy your persistence.
I think any useful commodity is better than dollars, stocks, or bonds. Commodities that are stable, compact, and likely to have significant future industrial use are even better. That would seem to include Paulladium.
However gold and silver may revert to their near-universal historical role as money itself. And demand for gold and silver as money itself trumps any industrial demand. Money is half of nearly every transaction on earth. Hence the BIG play, the play that goes far beyond normal commodity strategies, is in the monetization of gold and silver. But failing that, gold and silver will still be useful commodities.
But I have moved beyond hoarding of supplies and metals into planning and preparing for living and working long-term in the post-apocalyptic economy. Traded my PMs for tools and supplies for processing local agricultural and wild-harvest food and energy products.
Just trying to think outside of the box.
Very smart of you.
Actually I don't have a lot of gold, silver or even palladium. I would like to see the return of gold and silver as money recognized by our government, but it doesn't seem to be happening. As private money gold and silver is great, if you can find people to trade with directly without having to go through a dealer. That of course is not always possible.
As you know, my concern is with those who believe it is possible to drive the price of gold up by our buying it. Unfortunately there is way too much gold out there for the R3volution movement be much of an influence. Palladium on the other hand is much less available and could easily be driven up by a concerted effort by the R3volution movement.
Just to make another point though, since it is assumed that the U.S. treasury has the worlds largest reserve of gold, any increase in the price of gold increases the value of the gold held on reserve. As the world drives up the value of gold the value of the U.S. treasuries' reserves are driven up. However if we were to put our efforts into driving up the price of palladium, something the U.S. treasury has very limited reserves of and if we used it to trade with, then it eliminates the U.S. treasury out of the equation. Whether of not gold and silver became the worlds money would make no difference since our movement of individuals would have control of the palladium market. We could then either continue to trade palladium or trade it for gold and silver. Of course it could lead to another situation like that of the Whiskey rebellion, but is that something the R3volution should be afraid of?
grant
Wait a couple days...
Its will go down a bit, if it doesnt go down by the end of the week and continues to go up, You need to grab it as fast as you can!
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
Yea, this is what I plan to do...
...it just sucks because 'waiting' (in this case, for my damn policy to give me my own money) is what made me miss out.
But gold has dropped 4.00 since it's high today already...still a huge gain from close yesterday but atleast it's coming down a bit.
lasttime
live free or die,
all you need to do is lock in your price now. once you are locked in then no matter what the change is you still get your gold or silver at the price you locked in at. www.golddealer.com
live free or die
Holy cow! Gold now at
Holy cow! Gold now at $1043!
======
Federal Reserve to the American People:
"Catapultam habeo. Nisi pecuniam omnem mihi dabis, ad caput tuum saxum immane mittam."
================
Who is John Galt? Vote ███ ███ 2012!
Just Updated the post
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com
"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson
www.LibertySpammer.com