---...If you are wondering why Gold and Silver dropped.. ----

Or are we going to get tough and get Ron Paul in? Does everyone YOU know know that he is still in the running? Does everyone YOU know know that McCain has problems?

the gold and silver prices that are applicable when you buy and sell bullion at a coin store, or though other dealers, are the London Precious Metal Exchange Fix prices, not the NYMEX/COMEX prices.

Unless you are trading futures contracts, or are taking spot delivery from the COMEX, this is not the "price" that you need to be concerned with.

I was at one of the places where I pick up my "junk" today. I mentioned to the owner that Robert (Rich Dad Poor Dad) Kiyosaki was on TV again today saying silver is the best investment and hedge against inflation. That's two days in a row he's been on...MSNBC yesterday and FOX News today. Yesterday he was sounding just like Ron Paul!

Well, today as I was at the dealer I told him he'd just been on FOX News. The dealer told me, "that's nothing, he was in my shop 30 minutes ago"! Wouldn't it be great to run into him some time? He said on TV today that he's been buying silver since it was $5 and he's still buying it at $20.

That's good enough for me!

I remember someone saying that when your grocery bagman starts giving you tips on gold the rise is over but haven't the gold ads on radio been going on for quite a while at an unusual pace?
Btw, I'm a yardman in alabama buying gold and also have six grand in the stock market does that mean its all over?

were a case of Bernanke essentially making a "bet", by taking shaky mortgage-backed securities off of Bear-Stearns' balance sheet, that he could bring some stability to the financial market and unlock credit. Unfortunately, the foreign bond holders are not going along with the Fed ruse. Now the taxpayers are on the hook if, when it comes time to revalue those questionable mortgage-backed securities, they have managed to drop further in value; something that is entirely likely. The Fed has provided a short-term boost at the expense of a dangerous gamble and then that assumes that no other Bear-Stearns(s) are on the horizon....which is folly to assume.

The whole move was a case of the Fed dishing out a form of corporate welfare; opening the Fed balance sheet to investment bankers as a place to, for lack of a better phrase, dump their garbage and get cash in return. What is the likely result of this new liquidity? Guess what.....more re-fi mortgages for sale. More invitations for home owners to use their equity as an ATM. The situation is being hailed by some, who stand to gain in the short term and denounced by others who have identified the longer term risks of shoving these bad securities onto the Fed balance sheet. The Fed is following the example of the French in the late 18th century and they will, no doubt, arrive at the same result: hyperinflation. Sell your gold? That would not be my suggestion. Quite the contrary.

Ho HUM same old crap... sold my gold when it hit $1026 and have open orders to buy back during this dip... YAWN, making money is tiring... Psttt.. Im out of town and am in alabama.. I scooted over to Bilxoi last night and bought into a Texas Hold-em game for $125... I got knocked out in 3rd place and left with $756... YAWN!!! I'm really exausted.. :o)

Hi SIERRA

Tim
Join the PPA for Free
www.pokerplayersalliance....
Referred by Tim Kelly TXPPA

and Jim, Dan and Monty are all over it. Hold your gold and silver and use these dips as opportunities to acquire.

may go under 900 according to a CNBC analyist..his prediction was 800-850 in 30 days

All they are doing is buying time while the elite finish raping what ever profits and collateral they can out of the system before it collapses

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If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin. Samuel Adams

But what happens after gold gets to $1650.00 and the dollar at .52?
Noone mentions a downright crash...or will it be as Schiff said...bicycles and mopeds? What's the prediction for the economy when it gets at this level? Will the dollar go back up, disappear, adopt a new currency....sort of scary!

well first time ive ever given a self bump but this info is too important!