Holy FUCK, GOLD 1650.60 US !!
 

1591.67 Cdn....... going nuts today. I was waiting for it to crash, after Barry signed the deal, but it went higher:winkwink:

South Korea just announced they bought 25 tons too. They haven't bought any gold since 1998. I'm sure other countries to follow.

zoinks! good thing I still have stock in BP! :1orglaugh

Just wait till there is another "terrorist attack" (blamed on Iran of course). Gold will go to the moon.

I think you also told everyone to sell silver at like 33. You should follow the opposite of what you think :P

the quoran says " the gold you own will be melt with fire and the angels will burn your kidneys with it"

Umm printing more dollars means more dollars in circulation and rise in costs of everything including gold.

Gold is a bubble. Should inflate to at least $2000 before the bubble pops though.

gold is kicking, too bad i have just 10 gr or so

Very nice!!!!!

Quite possibly did:winkwink: I buy and sell, not in for the long term. Still make the same % whether is 33 or 40 matters not:2 cents: I am just so amazed, that the bubble has'nt burst yet:1orglaugh

guess all those kooks over at infowars were right eh? my mom and her hubby are all into that shit. they made me buy a bunch a while back because they saw me blowin money on dumb shit like cancun vacations and vegas benders. i did a little research and i saw gold had a steady gain forever basically.

so i said what the hell and i got in @ like $670/oz or something i forget. it had to of been like 5-6 years ago or something cuz it was before i moved up near sacramento. anyway a couple years later i sold half of it when it jumped to like almost $1k/oz and bought me a truck. the rest just sits at the parents house they wont let me sell it lol. they think the world is going to end or something and gold is the only thing that will be worth anything.

so this goes out to infowars. i love you crazy fuckers.

You were waiting for it to 'crash?'

lol, you must not understand economics...

$2,000 gold by the end of the year most likely...

Dollar is crumbling...

Incorrect.

Gold is finite.

Money is infinite, it can be printed, created out of fresh air.

There may be dips and spikes in the price of gold, but it will always trend upwards unless there is a radical shift in the way the world handles money.

Probably not, but I'm not doing too badly, for not understanding, to me it's just a commodoty:2 cents:

You're dreaming, we will see $3000 long before the bubble pops.

Doesn't even matter if gold is a bubble, if $$ is even a bigger bubble.

Well said....... I guess you just have to accept that the dollar is a bubble. If you have to choose between the gold bubble and the dollar bubble, most people will rather hold gold.

I say most people because I think thats how it might end.

has gold ever crashed? why would it?

Dagong Global downgraded US credit.
http://www.cnn.com/2011/BUSINESS/08/...x.html?npt=NP1
Biggest news of the day and its buried below bullshit on most sites... :2 cents:

Might see some lower PM prices due to this:

"Former Top Fed Officials Signal Support For QE3 If Inflation Slows"

http://blogs.wsj.com/economics/2011/...flation-slows/

saw it, but of course they are not going to highlight it :winkwink:

I'm saying it for a looongggg time and I'm still buying strongly. I don't care about the price. If they keep printing and the risk of a default is still there, gold will hold it's value.

I wish i meet a Lapricorn and ask him for some advice on where he invested his gold :)

Lapricorn = 1 part unicorn, 1 part leprechaun and 2 parts lap dog...



scary chit meng....

When do you think it will reach $3k?

Gold/Silver down big today on margin calls. Same thing happened last time silver went from $49 - $32.

Wondered what was happening :winkwink: Down $22.30 US -$16.06 Cdn since this morning:2 cents:

Great bubble, in economic crisis, what can you do with it? You cant eat it, it wont drive your car. Food and water will be the things people need.

So we have mined all the gold in the world? There is no new finds ever?


Incorrect...