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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* |
gold stupid
On 28/07/2011 3:52 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... Hey skank, when you can't find someone because you have no money, you can always **** yourself. -- Obama, enslaving Americans with debt-tax slavery for a spending binge. Doesn't even borrow real money, Bernanke just creates it like a counterfeiter. . |
gold stupid
On Thu, 28 Jul 2011 18:45:13 -0400, Beach Bum "not a
wrote: 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* Heh... another guy without any balls. |
gold stupid
On Thu, 28 Jul 2011 17:35:27 -0600, Canuck57
wrote: On 28/07/2011 3:52 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... Hey skank, when you can't find someone because you have no money, you can always **** yourself. Is that your technique? So, you finally found your little thing? |
gold stupid
On Thu, 28 Jul 2011 21:05:07 -0400, wrote:
On Wed, 27 Jul 2011 20:22:48 -0600, Canuck57 wrote: or http://tinyurl.com/3kqdb4o Well, if the pattern persists and it should, gold should go to at least $3500 before it peeks. Gold is not an investment it is a trade. You buy it when we have a recession and sell it when you see a real change in how the economy s going. In the 70s that $100 gold ended up peaking shortly after Reagan was elected at almost $700. The next time was when we had the Reagan recession and gold was $300 and crested around $600 when the recession broke. This time the "buy" was when the economy was growing around 2001, again around $300. I am not sure where the top is but it will certainly be after the US gets a handle on its unemployment problems and corrals the debt. I fear we will be waiting for western Europe too. $3500 may be a bit high but $2000 is likely and $2500 not unreasonable. The strange thing is the gold bugs seem to know the housing boom was not real. Look at the gold chart for the 2000s. I have some silver coin at 5x face but not the pickup truck load I should have bought Awww... the guru screwed up. |
gold stupid
In article om, "not a
says... 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* You have Paul, Harry, Plum, XMan... All actually Harry Krause. He posted as Paul from his Email, did the same thing for the Plum identity a while back... Don't be fooled... -- Team Rowdy Mouse, Banned from the Mall for life! |
gold stupid
On 28/07/2011 7:05 PM, wrote:
On Wed, 27 Jul 2011 20:22:48 -0600, wrote: or http://tinyurl.com/3kqdb4o Well, if the pattern persists and it should, gold should go to at least $3500 before it peeks. Gold is not an investment it is a trade. Agreed. You buy it when we have a recession and sell it when you see a real change in how the economy s going. In the 70s that $100 gold ended up peaking shortly after Reagan was elected at almost $700. The next time was when we had the Reagan recession and gold was $300 and crested around $600 when the recession broke. Yep. There is a time to sell it. But I don't think we are near that point. Even if DC comes in with a deal, does not mean your out of the woods. Bernanke prints so much money that inflation when it comes will be mean. Part of why the economy is stalling in fact is because inflation is hitting, but the elasticity to pass on the costs isn't there. So as businesses make less, they employ fewer people. But inflation as to the buying public, they see it once recovery starts in earnest and have more elasticity in wages. Until wages or taxes go down, the people are tapped out. Shortages could start to occur any time. This time the "buy" was when the economy was growing around 2001, again around $300. I am not sure where the top is but it will certainly be after the US gets a handle on its unemployment problems and corrals the debt. I fear we will be waiting for western Europe too. $3500 may be a bit high but $2000 is likely and $2500 not unreasonable. The strange thing is the gold bugs seem to know the housing boom was not real. Look at the gold chart for the 2000s. Much of how high gold goes will be a function on how long Bernanke keeps printing money in the ruse of US treasury borrowing. The more borrowing, the more the money print, the more inflation will drive gold. If money print actually stops, gold could see a top and fall back a bit. I have some silver coin at 5x face but not the pickup truck load I should have bought Ditto, I have 18 one ounce coin pieces in a safety deposit box. Bought a Canadian Silver Mint batch. Took two home, bought them when I met my lovely wife and that is why 2 are at home. Hard to believe how much that has appreciated. Have some gold too but no clue how much they weight in at. -- Obama, enslaving Americans with debt-tax slavery for a spending binge. Doesn't even borrow real money, Bernanke just creates it like a counterfeiter. . |
gold stupid
On 28/07/2011 7:27 PM, wrote:
On Thu, 28 Jul 2011 21:05:07 -0400, wrote: On Wed, 27 Jul 2011 20:22:48 -0600, wrote: or http://tinyurl.com/3kqdb4o Well, if the pattern persists and it should, gold should go to at least $3500 before it peeks. Gold is not an investment it is a trade. You buy it when we have a recession and sell it when you see a real change in how the economy s going. In the 70s that $100 gold ended up peaking shortly after Reagan was elected at almost $700. The next time was when we had the Reagan recession and gold was $300 and crested around $600 when the recession broke. This time the "buy" was when the economy was growing around 2001, again around $300. I am not sure where the top is but it will certainly be after the US gets a handle on its unemployment problems and corrals the debt. I fear we will be waiting for western Europe too. $3500 may be a bit high but $2000 is likely and $2500 not unreasonable. The strange thing is the gold bugs seem to know the housing boom was not real. Look at the gold chart for the 2000s. I have some silver coin at 5x face but not the pickup truck load I should have bought Awww... the guru screwed up. Making little positive mistakes between big successes sure beats being a loser all the time. -- Obama, enslaving Americans with debt-tax slavery for a spending binge. Doesn't even borrow real money, Bernanke just creates it like a counterfeiter. . |
gold stupid
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