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Gold Skyrocketing



 
 
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  #1  
Old May 3rd 10, 03:08 PM posted to rec.collecting.coins
Scurvy Dog[_3_]
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Posts: 33
Default Gold Skyrocketing

Gold hits 6 month high, closing in on $1200/oz
Silver closing in on $19/oz.
Time to sell?


Ads
  #2  
Old May 3rd 10, 04:12 PM posted to rec.collecting.coins
Jud
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Posts: 1,215
Default Gold Skyrocketing

On May 3, 10:08*am, "Scurvy Dog"
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-
  #3  
Old May 3rd 10, 04:14 PM posted to rec.collecting.coins
Bruce Remick
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Posts: 3,391
Default Gold Skyrocketing


"Scurvy Dog" wrote in message
...
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?


  #4  
Old May 3rd 10, 08:29 PM posted to rec.collecting.coins
Scurvy Dog[_3_]
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Posts: 33
Default Gold Skyrocketing


"Bob-tx" wrote in message
...

"Scurvy Dog" wrote in message
...
Gold hits 6 month high, closing in on $1200/oz
Silver closing in on $19/oz.
Time to sell?

Industries that use gold in manufacturing (not jewelry) are selling 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.


I didn't realize I had a bubble to bust.
Or are you generally just a condescending jerk to everyone?


  #5  
Old May 4th 10, 08:54 AM posted to rec.collecting.coins
Bob-tx
external usenet poster
 
Posts: 23
Default Gold Skyrocketing


"Scurvy Dog" wrote in message
...
Gold hits 6 month high, closing in on $1200/oz
Silver closing in on $19/oz.
Time to sell?

Industries that use gold in manufacturing (not jewelry) are selling
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


  #6  
Old May 4th 10, 09:24 PM posted to rec.collecting.coins
Jud
external usenet poster
 
Posts: 1,215
Default Gold Skyrocketing

On May 3, 3:29*pm, "Scurvy Dog"
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-
  #7  
Old May 4th 10, 10:36 PM posted to rec.collecting.coins
Scurvy Dog[_3_]
external usenet poster
 
Posts: 33
Default Gold Skyrocketing


"Bob-tx" wrote in message
...

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?


  #8  
Old May 5th 10, 09:51 AM posted to rec.collecting.coins
Bob-tx
external usenet poster
 
Posts: 23
Default Gold Skyrocketing


"Scurvy Dog" wrote in message
...

"Bob-tx" wrote in message
...

"Scurvy Dog" wrote in message
...
Gold hits 6 month high, closing in on $1200/oz
Silver closing in on $19/oz.
Time to sell?

Industries that use gold in manufacturing (not jewelry) are
selling 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.


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


  #9  
Old May 6th 10, 02:25 AM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default Gold Skyrocketing


"Scurvy Dog" wrote in message
...
Gold hits 6 month high, closing in on $1200/oz
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.


  #10  
Old May 6th 10, 04:44 AM posted to rec.collecting.coins
Jason Burke
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Posts: 43
Default Gold Skyrocketing

Jud wrote:
On May 3, 3:29 pm, "Scurvy Dog"
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. Last attempt resulted in a vegetable that we're ALL paying for.
Next try should do the trick!

 




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