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gold stupid
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Beach Bum
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First recorded activity by BoatBanter: Jul 2011
Posts: 74
gold stupid
On 7/28/2011 5:52 PM,
wrote:
On Thu, 28 Jul 2011 16:24:51 -0400, Beach Bum"not a
wrote:
On 7/28/2011 2:57 PM,
wrote:
On Thu, 28 Jul 2011 12:21:21 -0600,
wrote:
On 28/07/2011 8:03 AM, Beach Bum wrote:
On 7/27/2011 10:22 PM, Canuck57 wrote:
On 27/07/2011 7:58 PM,
wrote:
Here's a nice link for those who think gold is such a great thing...
http://www.fintrend.com/inflation/im...tion_chart.htm
and, the stock market...
http://finance.yahoo.com/echarts?s=%5EDJI#symbol=^dji;range=my;compare=;ind icator=volume;charttype=area;crosshair=on;ohlcvalu es=0;logscale=off;source=;
or
http://tinyurl.com/3kqdb4o
Well, if the pattern persists and it should, gold should go to at least
$3500 before it peeks.
And sure beats the dollar for 98% of the time, as the dollar is a
straight horizontal line that never appreciates.
Gold in real dollars was $19 in 1914. So who is cooking the charts? In
fact when gold was the standard, from 1878 to 1914 or so gold prices
varied little, neither did the value of a buck.
Over lay that with oil and US federal debt. It gets real interesting.
The Dollar hasn't been backed by gold for a long time now. It's backing
is now faith and trust in Obama and the boys.
You don't think Obama is going to borrow?
Bernanke is going to print $600 billion in inflation. Just a ruse that
the US treasury borrows these days.
While Moody gives USA a AAA, it is 100% bull**** as US is a country that
is now unable to pay its bills with real money. And unable to
legitimately borrow its money.
B grade at best.
Fact is, USA will never recover with this strategy. Just dig a deeper hole.
Really? Obama and the boys? You and Knuckles are made for each other.
Two racist little men playing with each other.
Yes. Obama and the boys. How would you put it, dummy.
**** you. You're a racist. By by...
You're a vile disgusting slut .
*PLONK*
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