What is the REAL price of Gold? - Help!
Submitted by spacehabitats on Tue, 12/16/2008 - 18:43Forget the reasons why, or who is doing what to whom.
The price of something is how much "money" it takes to purchase it.
To me that means to have it end up in your hands, in your house or at least on your land.
I understand that the spot price of gold (or silver) is a myth.
But how far off is it?
The spot price I just saw online was $858 USD/oz. for gold, $11.20 USD/oz. for silver.
What do they REALLY cost?
Not for jewelry, or coins, or future shares...but for the real stuff?
»
well
Gold is really nothing those days...after all is just an artificial form of currency made up and controlled by the rich and lazy...maybe I'm wrong but some bank related to Rothschild is controlling the price of gold this days.
The safety of gold is relative, tomorrow it can be illegal to own, it can become as useless as the paper money, it's all a big gamble.
The value of gold ? Not long ago people will laugh at the idea of owning gold, now we have the gold bubble and everyone having a silver or gold coin are acting like they are Donald Trump...but this precious metal bubble will burst soon as it happened with the real-estate , oil or stock market bubbles.
Gold is just metal after all...worshiped by some imbeciles unable to understand that nothing pushed to the extreme is good. And being so stupid not to sell your gold when it was $1030 an ounce, now that's pushing the stupidity to the extreme.
You should see the imbeciles screaming "buy,buy,buy" when the price was that high....loooool...how pathetic !
Anyway, if you don't have at least $50.000 cash and are ready to take heavy loses, then gold is none of your business.
“The more corrupt the state, the more laws.”
IDIOT... YOU ARE THE VILLAGE
IDIOT... YOU ARE THE VILLAGE IDIOT OF THE DAILY PAUL!
"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
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
"Anyway, if you don't have at least $50.000 cash and are ready
to take heavy loses, then gold is none of your business."
Idiocracy in broken English.
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
Gold will hit $2000 in 2009
Gold will hit $2000 in 2009 or 2010 at the latest. You are completely making things up Sovereign. How do the rich and lazy "make up"gold exactly? The bubble with PMs is a reverse bubble IMO, it's value IS being controlled, but it's being held artificially low, and when the bubble bursts and the comex defaults and/or the inflation from all of these bailouts and defecit spending hits, the bubble WILL burst and the value of PMs compared to FRNs will explode.
I think you need to re-educate yourself. Why are you on a Ron Paul forum, btw?
“Liberty means responsibility. That is why most men dread it.” -George Bernard Shaw
He was here before,
but left abruptly when the electricity to his container was turned off.
Here he is with his boyfriend Kline.
http://farm3.static.flickr.com/2161/1732583695_b38f906c18.jp...
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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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Nice shot of "container" love.
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
Thanks, Lisa
Of course Kline would be on top.
Ben Bernanke, fighting fire with gasoline since 2006.
--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------
Speaking of morons, where's GREED?
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
Hmm,
1. Inside Maerksea
2. He deflated so much he can no longer reach the keyboard
3. Sleeping behind a toilet paper factory waiting for scraps.
My suggestion is to try to enjoy the silence.
Ben Bernanke, fighting fire with gasoline since 2006
--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------
Found him!
http://www.guba.com/watch/3000095630
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
disinformation
Several "Winston Smith" types on this forum who have full time jobs speading disinformation. Sad thing is, maybe this one's not getting paid at all, possibly just like screwing with people for free.
Anyone who thinks this simple metal called gold has monetary value, only has pretty much all of the history of human civilization to back up their claim. His story makes about as much sense as 9/11.
try to buy gold of any type on e-Bay (R)
and see how much you pay per ounce-same goes for silver, the prices quoted on the exchange are often for "paper gold"
Libera me, let the truth break, what my fears make--Leslie Phillips
But that man should play the tyrant over God, and find Him a better man than himself, is astonishing drama indeed!~~D. Sayers
McCain has the wrong type of birds in sight: Angry Birds are the type!
www.dailypaul.com/277441/mccain-calls-paul-cruz
You're watching too much
You're watching too much addendum, Boru.
“Liberty means responsibility. That is why most men dread it.” -George Bernard Shaw
Just my take
add add $125 to spot to get something close to real market price
The official price in China is around $1100, I believe.
An email from Switzerland confirmed yesterday that it was $1000/oz there.
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
It is whatever a buyer is willing to pay
Gold is a stupid rock!
It's value has been an illusion since day one!
YOU AND MAERKSEA MUST BE GAY
YOU AND MAERKSEA MUST BE GAY LOVERS!
"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
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
Hey SIERRA, don't insult gays.
Maerksea and his friends are not even human.
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
Umm, gold is metal, Boru.
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
lol...it's rock jizz...hardly better than rock
good catch though
If anything, gold's scarcity makes it the poster child for this scarcity-based economy. Thus gold is stupid...play the money games that they create to rip you off if you want.
What we should be investing in is replacing a scarcity-based economy with an abundance-based symbiotic environment in which the human species to live.
Are you the Star Trek guy?
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
Yes...but really that is from Zeitgeist
Is Zeitgeist forbidden from this site?
No, but you'd apparently like gold to be.
*****
www.women4ronpaul.com
Ron Paul "Sign Wave Across the USA" -- November 5th!