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Old 04-15-2013, 05:54 PM  
KC native KC native is online now
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Calling all gold bugs...

Bet you wish you had diversified a little recently huh?

Oh and Stewie, weren't you saying gold was going to something like $2k?
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Old 04-15-2013, 06:23 PM   #2
petegz28 petegz28 is offline
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Bet you wish you had diversified a little recently huh?

Oh and Stewie, weren't you saying gold was going to something like $2k?
I'm really surprised it took this long. I've stayed away from gold for the last couple years simply based on all the ****ing radio and tv commercials I have seen for it. Yeah, probably missed out on some coinage, pun intended
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Old 04-15-2013, 07:02 PM   #3
tredadda tredadda is offline
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All those gold advertisements should have been a sign. Gold will always be worth something, but there is a limit and it usually only goes up when the economy sucks. The With the economy improving it is reasonable to think gold prices would drop which they are doing.
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Old 04-15-2013, 07:05 PM   #4
LiveSteam LiveSteam is offline
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I will start to worry when it falls below $800.00 an ounce.
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Old 04-15-2013, 07:08 PM   #5
Saul Good Saul Good is offline
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So it's only up 400% over the past decade now?
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Old 04-15-2013, 07:08 PM   #6
LiveSteam LiveSteam is offline
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So it's only up 300% over the past decade now?
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Old 04-15-2013, 07:09 PM   #7
Saul Good Saul Good is offline
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More like 400%, I guess...
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Old 04-15-2013, 07:39 PM   #8
Brock Brock is offline
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Old 04-15-2013, 07:47 PM   #9
LiveSteam LiveSteam is offline
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I will start to worry when it falls below $800.00 an ounce.
BITCH!
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Old 04-15-2013, 07:48 PM   #10
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Wish I'd been paying attention 15 years ago.
silver.
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Old 04-15-2013, 08:28 PM   #11
BucEyedPea BucEyedPea is offline
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"The sell-off will bring a new low, but the the bull market is far from over," says Dr. Marc Faber
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Old 04-15-2013, 08:34 PM   #12
teedubya teedubya is offline
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Someone dumped 500 tons of paper gold on Thursday... that's around 16 million ounces... of paper. So, this paper floods the market... drops the price... and more physical gets picked up at lower prices.

I just bought some more silver... and will buy it all the way down... and then buy more.

The COMEX trades at 1/100. So every 1 ounce of physical... there are 100 ounces of paper... so, the real price of physical will reveal itself eventually... after the precious metal manipulators get busted.

Who knows how long that could be though.
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Old 04-15-2013, 09:22 PM   #13
KC native KC native is online now
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Someone dumped 500 tons of paper gold on Thursday... that's around 16 million ounces... of paper. So, this paper floods the market... drops the price... and more physical gets picked up at lower prices.

I just bought some more silver... and will buy it all the way down... and then buy more.

The COMEX trades at 1/100. So every 1 ounce of physical... there are 100 ounces of paper... so, the real price of physical will reveal itself eventually... after the precious metal manipulators get busted.

Who knows how long that could be though.
And there it is. COMEX and others futures exchanges are going no where.
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Old 04-15-2013, 09:24 PM   #14
KC native KC native is online now
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"The sell-off will bring a new low, but the the bull market is far from over," says Dr. Marc Faber
When was the last time Faber was right about something before it happened?
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Old 04-15-2013, 09:24 PM   #15
KC native KC native is online now
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silver.
is down more than gold.
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