10-10-08: DOW drops 1000+ points and Gold rockets to $1000 oz.

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This could be interesting. What is your guess?

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Silver--Gold

I guess you have not tried to buy gold, or silver lately.

GO RON GO

I would not bet against your prediction.

HYDROMAN
Thanks, got a new computer and an old worn out memory.

"Since 1789 the only government on Earth that has the power to crush the American people`s liberties across the board is the government of the United States"
Robert Higgs

"Rockets"?

Gold is around $900 right now. How is a jump to $1000 a big deal? I mean, it would be nice considering i moved my entire 401k into gold and silver just last week, but...

$2000 an ounce, now that would be a rocketing change.

I don`t understand why you would put your hard assets in a 401.

HYDROMAN
Hide them in your backyard and tell no one!

"Since 1789 the only government on Earth that has the power to crush the American people`s liberties across the board is the government of the United States"
Robert Higgs

Because of the match...

it lowers your taxes and employers usually match up to a point.. my wife puts 5% into her 401, also in metals (which I don't trust because we can't hold it), but the Chickasaw Nation, her employer, matches her 100%.

Gold up $30

"Lead, follow, or get out of the way."
-- Thomas Paine

If you're familiar with Steve Quayle's site...

..you know that he posts precious metals at the top of his page. I usually look there at least once a day to check on them.

Today, he has a very interesting 'disclaimer' from Renaissance Precious Metals stating that they will no longer post the manipulated spot prices as they have no bearing on reality. They go on to say that gold is currently selling around $1,000/oz and silver is at around $20/oz.
I thought that was VERY interesting.

www.stevequayle.com/index1.html

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

Sounds to me like Mr. Quayle loaded up at a

high price like 18 or 19 and he is refusing to sell for less. If he publishes the spot prices, he's afraid, or tired of, people complaining why can't they pay a lower price.

(in other words, he wants to make up a price and not be called out for it)

He can buy silver or gold from other dealers still at lower prices, just like anyone else, then turn around and sell it for 7-8 dollars more and claim that the 'spot' price is manipulated.

Looks like a scam to me.

I have never been able to verify a single one of his shortage or pricing claims - EVER.

oh by the way Mr. Quayle

oh by the way Mr. Quayle called me wanting to know if I wanted to sell at 18.00 an ounce.. he has customers looking and if he loaded up he would not call me would he?

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

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)

Hey McCain-----┌П┐(◣_◢)┌П┐

Sam?? then its just not him

Sam?? then its just not him its every dealer in the world! give it a break.. why some of you people are against metals is beyond me! probably just envy because you either can't buy, or don't have the money to buy! if you would pay attention you would see that the paper price is manipulated through paper contracts.. the physical coins themselves sell for much higher!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

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)

Hey McCain-----┌П┐(◣_◢)┌П┐

There is a saying in my neck of the woods -

Your ass is sucking swampwater !

no that was your mothers

no that was your mothers ass!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

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)

Hey McCain-----┌П┐(◣_◢)┌П┐

From another forum:

"OMG ... huge bank gold dealer not selling gold bars. On woofer's suggest, I phoned Bank of Nova Scotia.

They have the largest gold vaults of any bank in the world, only an hour from my house. I regularly walk in to purchase gold bars and wafers.

I phoned them today --- THEY SAID THEY HAVE ABSOLUTELY NOTHING FOR SALE.

I am serious.... good job woofer, holy moly, I have never seen this before in Canada."

___________

Lisa C.

Boston Tea Party
"Time to Party Like It's 1773!"

Charles Jay 2008.

Ron Paul "Sign Wave Across the USA" -- November 5th!

ScotiaBank

"They have the largest gold vaults of any bank in the world, only an hour from my house."

That's too funny !

why is that funny

why is that funny vlbc..

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

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)

Hey McCain-----┌П┐(◣_◢)┌П┐

Japan down 1042.08

food freedom,one seed at a time.

At 7:42 CST

Link ?

.

and jzneff says...

and jzneff says... derivatives? what derivatives they are worth a lot! shortage.. there is no metal shortage... there is lots of gold and silver!!!
manipulation... there is no manipulation!

panic its only in your imagination! be calm... all is well!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

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)

Hey McCain-----┌П┐(◣_◢)┌П┐

haven't seen

jzneff lately...... :O)

He finally woke up

And Sierra told him that there were two Mercury dimes lost in the woods a couple years ago...I saw him driving that way with a metal detector sticking out his passengers side window!;-)

lol.................. "When

lol..................

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

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)

Hey McCain-----┌П┐(◣_◢)┌П┐

he was around today

he was around today lol.

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

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)

Hey McCain-----┌П┐(◣_◢)┌П┐