Gold Skyrocketing
Scurvy Dog
Silver closing in on $19/oz.
Time to sell?
Jud
wrote:
> Gold hits 6 month high, closing in on $1200/oz
> Silver closing in on $19/oz.
> Time to sell?
Hmmmmm. Wasn't that long ago that you chastised me for posting gold
and silver prices either spiking or tanking. You said something to the
effect of "Like we don't know how to look it up".
Pot-Kettle, shoe on other foot etc. Oh, you also plonked me, so you
probably won't see this. 8-)
Jud -Karma man-
Bruce Remick
"Scurvy Dog" <scurvydogS...@hotmail.com> wrote in message
news:hrmld5$v43$1...@news.eternal-september.org...
> Gold hits 6 month high, closing in on $1200/oz
> Silver closing in on $19/oz.
> Time to sell?
Time to BUY! Intense buying will drive the price up even further. Anyone
for some intense buying?
Bob-tx
"Scurvy Dog" <scurvydogS...@hotmail.com> wrote in message
news:hrmld5$v43$1...@news.eternal-september.org...
> Silver closing in on $19/oz.
> Time to sell?
off their gold stock, since it is little used anymore. Gold is a
commodity like corn, beans, or cattle, (ask Hillary about cattle
commodities). The main thing keeping prices at a high level at this
time is people speculating in gold, thinking it won't go anyplace
but up.
It is sort of like buy a big bag of potato chips for $1.00, and
tell others that it
is a great investment, so the word spreads and soon potato chips are
selling for
$10 a bag, but no one eats them - they are an investment. Finally
someone opens
a bag and finds out they are nothing special, and spreads the word,
and the price
quickly drops back to $1 a bag.
Another example is like the guy who went into the jungle and told
the natives that
he would buy monkeys at $10 each. The natives caught hundreds of
monkeys and sold them. The money population was lowered and they
were harder to catch, so
the man offered $20 per monkey. Again, he bought huge numbers of
monkeys.
When the monkeys got really hard to find and catch, the man said, I
need to go
to the city to get more money, but when I return, I will pay $50 per
monkey. Meantime, I am leaving my assistant in charge to feed all
the monkeys in the pen.
When the man was gone, the assistant told the people they could get
$50 a monkey, so I will sell you monkeys at $35 each, and when the
man comes back, you can sell them for $50. The natives bought all
the monkeys, and the assistant left, and neither he nor the monkey
buyer were ever seen again.
Buy your gold, but don't come crying when the price falls.
Sorry to bust your bubble, but that's the way it is.
Bob-tx
Scurvy Dog
"Bob-tx" <bobw...@suddenlink.net> wrote in message
news:4bdf1be0$0$12453$bbae...@news.suddenlink.net...
I didn't realize I had a bubble to bust.
Or are you generally just a condescending jerk to everyone?
Bob-tx
I didn't realize I was a jerk by telling you the truth,
but normally, I am only a jerk to dogs. That you?
Bob-tx
Jud
wrote:
> I didn't realize I had a bubble to bust.
> Or are you generally just a condescending jerk to everyone?
Bubble busted Mr Hardy-Swift! Gold down $10 and silver down $1
Jud -laughing last, and best-
Scurvy Dog
>>> Buy your gold, but don't come crying when the price falls.
>>>
>>> Sorry to bust your bubble, but that's the way it is.
>>
>> I didn't realize I had a bubble to bust.
>> Or are you generally just a condescending jerk to everyone?
>
> I didn't realize I was a jerk by telling you the truth,
> but normally, I am only a jerk to dogs. That you?
> Bob-tx
So, I guess you're just a jerk all the time, eh?
Bruce Remick
"Scurvy Dog" <scurvydogS...@hotmail.com> wrote in message
news:hrmld5$v43$1...@news.eternal-september.org...
> Silver closing in on $19/oz.
> Time to sell?
>
So now two days later silver's closing in on $17/oz. Metals can be as
fickle as the stock market. Greece in trouble today-- market tanks.
Consumer confidence up tomorrow-- market rallies (what happened to
Greece??). Next day Dunkin Donuts profits don't reach expectations-- market
slumps. Blah. Blah. Maybe they ought to quote prices once a quarter to
avoid all the daily stress.
Jason Burke
What I don't understand is why Mr. Dog hasn't tried again to kill
himself. Last attempt resulted in a vegetable that we're ALL paying for.
Next try should do the trick!
gogu
news:hrtdun$nku$1...@news.eternal-september.org...
> Jud wrote:
>> On May 3, 3:29 pm, "Scurvy Dog" <scurvydogSPAMBEGO...@hotmail.com>
>> wrote:
>>
>>> I didn't realize I had a bubble to bust.
>>> Or are you generally just a condescending jerk to everyone?
>> Bubble busted Mr Hardy-Swift! Gold down $10 and silver down $1
>>
>> Jud -laughing last, and best-
> What I don't understand is why Mr. Dog hasn't tried again to kill himself.
What I don't understand is why don't you killfile him!
Problem solved!
--
E' mai possibile, oh porco di un cane, che le avventure
in codesto reame debban risolversi tutte con grandi
puttane! F.d.A
Coins, travels and more:
http://s208.photobucket.com/albums/bb120/golanule/
http://gogu.enosi.org/index.html
ltl...@hotmail.com
> "Scurvy Dog" <scurvydogSPAMBEGO...@hotmail.com> wrote in message
Good story.
Gold and silver is an insurance. Not an investment.
les.p...@gmail.com
The only difference I see between investing in gold and silver and
investing in stocks/bonds is that the gold and silver have utilitarian
uses, even if their intrinsic value plummets, whereas the stocks and
bond become paper.
Les
Me: http://life-of-coins.blogspot.com/
Stringer for: http://news.coinupdate.com/
sgt23
I can't feed my family with it, so its not that great, try taking your
gold in a grocery store and paying the bill with it. You will probably
laugh out of the place, the cashier or manager will not know the
worth. Take it too a pawn shop he will only give you a fractions of
the worth. Yes I know you will say take it too a coin dealer, but not
everyone has that option or access to the internet for eBay. I'm
trying too figure out how gold has ties too the dollars. My dollar
doesn't buy hundred times less than it would 30 or 40 years ago, but
gold has gone up over 100 times what it was 35 years ago.
Peter
>
> - Show quoted text -
When was gold $12 per ounce?
sgt23
Ok maybe I over quoted that number a bit, but at least 50 times. Still
the point is gold and the dollar movements have never been all that
parallel, I would say silver and our dollar have been closer since
1933. JMHO, but as you know opinions are like assholes.