Was the spike in the gold price

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1) all out capitulation on behalf of our inbred masters, 2) a move by the cousin-lovers out of paper and back into gold, 3) too many leaks in the dike to continue suppression, or 4) something else? Please list your answers and w.a.g.s below.

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I sure hope it isn't just a pump fake

To nail more people out of money. If it is I am screwed. I wouldn't put it past them, but I really think I would be surprised if it was. The kind of news that is floating around today is has a very different tone to it. Bloomberg almost never says anything positive or good about gold, yet they post a pro gold article today. Knowledge of the silver shortage is seeping out to more and more people. Bank failures in the past two days are far larger than Indy Mac stuff. All these sudden mergers taking place without much discussion at all. A silver mine closing down. I would think one would have to be insane to naked short at this point. (The SEC ruling did not include the metals I just found out.)

E_ PLEASE LISTEN TO STEVE

E_ PLEASE LISTEN TO STEVe QUAYLE TONIGHT YOU MAY GET YOUR ANSWERS...
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he own rennaisance precious metals.. starts at 5:00 p.m. mountain time!

I am more concerned about the return of my money than the return on my money. --Mark Twain

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

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Thanks, Sierra

I'll check it out

Got Gold?

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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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Hard to Say

I think if you try to read it as a sign of new inflation due to the AIG bailout, then one must explain why bonds have become so popular - this wouldn't happen in an environment of inflationary expectations.

I suspect its move toward safety.

Because

Fortune Favors the Bold

they are willing to lose money, but figure they'll lose less money with the bonds.

Fortune Favors the Bold

Ah, but JohnGalt300,

as you know, bonds are debt; and if it is a complete unraveling of the fiat dollar, than they stand to loose everything if they are in bonds...maybe they have inbred so much that they have gone completely stupid.

Good to see you, by the way; what have you been up to?

Got Gold?

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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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