Does The Rise In Gold Scare Anyone Else?

[51and3rd]

Is this really a sure sign of the economy still in a deep tumble. Is the US dollar really decreasing in value that fast? I mean we all remember when a dollar used to buy you a lot of things. $#@ is gonna become like a quarter here in a min.

 

[51and3rd]

Is this really a sure sign of the economy still in a deep tumble. Is the US dollar really decreasing in value that fast? I mean we all remember when a dollar used to buy you a lot of things. $#@ is gonna become like a quarter here in a min.

 

[elijahbrohammed]

The economy isn't getting better anytime soon. Don't believe what you read or hear.

Silver and copper has also gone up in price.

I'm just stunned that it went up this much since 07 (surprise, surprise

).

I know the firm I used to intern at is making a KILLING right now

.

 

[atlien seeko]

OH YEAH?!

 

[elijahbrohammed]

The economy isn't getting better anytime soon. Don't believe what you read or hear.

Silver and copper has also gone up in price.

I'm just stunned that it went up this much since 07 (surprise, surprise

).

I know the firm I used to intern at is making a KILLING right now

.

 

[atlien seeko]

OH YEAH?!

 

[cruthik3]

As long as Zimbabwe Ben is at the helm, we're doomed.

 

[cruthik3]

As long as Zimbabwe Ben is at the helm, we're doomed.

 

[joe cool23]

It's nominal prices, not as drastic as it may appear.

 

[joe cool23]

It's nominal prices, not as drastic as it may appear.

 

[biggie62]

You do know that considering inflation, gold was worth over 2100 in the late 80s. So no I'm not scared.

 

[biggie62]

You do know that considering inflation, gold was worth over 2100 in the late 80s. So no I'm not scared.

 

[51and3rd]

Originally Posted by Joe Cool23

It's nominal prices, not as drastic as it may appear.

 My uncle trades gold, that's the reason I made this post. Two sources disagree.

 

[51and3rd]

Originally Posted by Joe Cool23

It's nominal prices, not as drastic as it may appear.

 My uncle trades gold, that's the reason I made this post. Two sources disagree.

 

[scott frost]

Much like the housing bubble, this too shall burst

 

[scott frost]

Much like the housing bubble, this too shall burst

 

[51and3rd]

Originally Posted by Scott Frost

Much like the housing bubble, this too shall burst

Apples and oranges. But thats besides the point. Do you think it has a forcast on the US dollar?

  

 

[51and3rd]

Originally Posted by Scott Frost

Much like the housing bubble, this too shall burst

Apples and oranges. But thats besides the point. Do you think it has a forcast on the US dollar?

  

 

[scott frost]

Apples and oranges? Although the extreme ramifications may be somewhat different, aren't we looking at something eerily similar?

 

[scott frost]

Apples and oranges? Although the extreme ramifications may be somewhat different, aren't we looking at something eerily similar?

 

[51and3rd]

I don't see where you see the connection. The housing crisis was self inflicted by trigger happy banks and American greed. Where that ties into gold rising and the dollar falling is beyond me at this point but please fill me in because I am interested in what you are attempting to get at.

 

[51and3rd]

I don't see where you see the connection. The housing crisis was self inflicted by trigger happy banks and American greed. Where that ties into gold rising and the dollar falling is beyond me at this point but please fill me in because I am interested in what you are attempting to get at.

 

[scott frost]

I read this article awhile ago trying to understand it myself:

http://www.thestreet.com/...e-is-about-to-burst.html

Not the smartest person when it comes to matters such as this so I try and read and digest as much as I can.

 

[je ne sais quoi]

Gold

.
When civilization crumbles, try bartering with gold.
I'll be bartering with old Chunky soup and cigarettes

.

 

[je ne sais quoi]

Gold

.
When civilization crumbles, try bartering with gold.
I'll be bartering with old Chunky soup and cigarettes

.