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Gold prices plummet!



 
 
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  #1  
Old September 24th 09, 03:54 PM posted to rec.collecting.coins
j-rod
external usenet poster
 
Posts: 72
Default Gold prices plummet!


September 24, 1869

Gold prices plummet

http://www.history.com/this-day-in-h...rticle&id=6117

JAM
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  #2  
Old September 24th 09, 05:11 PM posted to rec.collecting.coins
Arizona Coin Collector
external usenet poster
 
Posts: 1,199
Default Gold prices plummet!


"j-rod" wrote in message
...


September 24, 1869

Gold prices plummet

http://www.history.com/this-day-in-h...rticle&id=6117

JAM


Hello

The good news is crude oil also dropped.

You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.

http://www.bloomberg.com/markets/com.../cfutures.html


...

  #3  
Old September 24th 09, 06:47 PM posted to rec.collecting.coins
The Giant Brain
external usenet poster
 
Posts: 96
Default Gold prices plummet!


"Arizona Coin Collector" wrote in message
m...

"j-rod" wrote in message
...


September 24, 1869

Gold prices plummet

http://www.history.com/this-day-in-h...rticle&id=6117

JAM


Hello

The good news is crude oil also dropped.

You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.

http://www.bloomberg.com/markets/com.../cfutures.html


Folks, we have a contender for most clueless response to a post.
Shall we close the nominations now and all acclaim Arizona Coin Collector the
winner?


  #4  
Old September 24th 09, 08:08 PM posted to rec.collecting.coins
MJKolodziej[_2_]
external usenet poster
 
Posts: 7
Default Gold prices plummet!


"Arizona Coin Collector" wrote in message
m...

"j-rod" wrote in message
...


September 24, 1869

Gold prices plummet

http://www.history.com/this-day-in-h...rticle&id=6117

JAM


Hello

The good news is crude oil also dropped.

You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.

http://www.bloomberg.com/markets/com.../cfutures.html


..


Arizona CC, this link is about history on this day. I'll paste here as you
so kindly do on your posts:

September 24, 1869

Gold prices plummet
On this day, more colorfully known as "Black Friday," gold prices plummeted,
sending the markets into chaos. At the root of the wreckage was an
old-fashioned swindle, engineered by flamboyant financier Jay Gould and his
robber baron partner, James Fisk. Gould and Fisk conspired to inflate and
then corner the gold market, primarily by spreading a rumor that President
Grant was about to stop the sale of government gold. Grant, who was better
suited to the battlefield than office, initially bought into their logic,
due, in part, to his belief that the sale of government gold would hurt
farmers and small-time entrepreneurs. The president eventually saw through
the scheme and, in response, put $4 million worth of gold on the market. The
price of gold in specie, which had previously swelled to $163.50, promptly
shrank to $133. Investors were ruined and the economy went into a tailspin.
The swindle ultimately took a toll on two of its main players. It blemished
Grant's record, raising suspicions about the war hero's competency. And
Gould surreptitiously dumped his share of the gold before the drop in specie
prices, leaving Fisk with a hefty loss on the deal.

mk


  #5  
Old September 24th 09, 08:53 PM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default Gold prices plummet!

On Sep 24, 12:47*pm, "The Giant Brain" wrote:
"Arizona Coin Collector" wrote in messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com...







"j-rod" wrote in message
...


September 24, 1869


Gold prices plummet


http://www.history.com/this-day-in-h...rticle&id=6117


JAM


Hello


The good news is crude oil also dropped.


You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.


http://www.bloomberg.com/markets/com.../cfutures.html


Folks, we have a contender for most clueless response to a post.
Shall we close the nominations now and all acclaim Arizona Coin Collector the
winner?- Hide quoted text -

- Show quoted text -


Well, it's the stupidest RCC response since the "Giant Brain"
expounded with ultimate authority that that nice 1841 British Gold
Sovereign was worth melt, or about $225 - not the 8,000 pounds that it
catalogs at.

So it's the stupidest response in about three weeks.

oly
  #6  
Old September 24th 09, 10:00 PM posted to rec.collecting.coins
Mr. Jaggers
external usenet poster
 
Posts: 5,523
Default Gold prices plummet!

oly wrote:
On Sep 24, 12:47 pm, "The Giant Brain" wrote:
"Arizona Coin Collector" wrote in
messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com...







"j-rod" wrote in message
...


September 24, 1869


Gold prices plummet


http://www.history.com/this-day-in-h...rticle&id=6117


JAM


Hello


The good news is crude oil also dropped.


You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.


http://www.bloomberg.com/markets/com.../cfutures.html


Folks, we have a contender for most clueless response to a post.
Shall we close the nominations now and all acclaim Arizona Coin
Collector the
winner?- Hide quoted text -

- Show quoted text -


Well, it's the stupidest RCC response since the "Giant Brain"
expounded with ultimate authority that that nice 1841 British Gold
Sovereign was worth melt, or about $225 - not the 8,000 pounds that it
catalogs at.

So it's the stupidest response in about three weeks.


All this argument is meaningless to me, having just lost my entire nest egg
due to this latest gold crash. This could be my last post, because I can
see someone pounding at my front door, yelling something about how he's
going to repo my computer, and he's got a U.S. Marshal with him.

James the Homeless


  #7  
Old September 24th 09, 10:16 PM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default Gold prices plummet!

On Sep 24, 4:00*pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
oly wrote:
On Sep 24, 12:47 pm, "The Giant Brain" wrote:
"Arizona Coin Collector" wrote in
messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com...


"j-rod" wrote in message
...


September 24, 1869


Gold prices plummet


http://www.history.com/this-day-in-h...rticle&id=6117


JAM


Hello


The good news is crude oil also dropped.


You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.


http://www.bloomberg.com/markets/com.../cfutures.html


Folks, we have a contender for most clueless response to a post.
Shall we close the nominations now and all acclaim Arizona Coin
Collector the
winner?- Hide quoted text -


- Show quoted text -


Well, it's the stupidest RCC response since the "Giant Brain"
expounded with ultimate authority that that nice 1841 British Gold
Sovereign was worth melt, or about $225 - not the 8,000 pounds that it
catalogs at.


So it's the stupidest response in about three weeks.


All this argument is meaningless to me, having just lost my entire nest egg
due to this latest gold crash. *This could be my last post, because I can
see someone pounding at my front door, yelling something about how he's
going to repo my computer, and he's got a U.S. Marshal with him.

James the Homeless- Hide quoted text -

- Show quoted text -


Jay Gould survived the 1869 debacle for many many years - and died
rather old and still rich.

You will too, mon vieux.

They don't repo computers. Used computer is worth three cents on the
dollar to the finance company. They will harass you for the money to
the fullest extent they can get away with - but remember, they don't
want the computer back, ever.

oly
  #8  
Old September 24th 09, 10:21 PM posted to rec.collecting.coins
The Giant Brain
external usenet poster
 
Posts: 96
Default Gold prices plummet!


"oly" wrote in message
...
On Sep 24, 12:47 pm, "The Giant Brain" wrote:
"Arizona Coin Collector" wrote in
messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com...







"j-rod" wrote in message
...


September 24, 1869


Gold prices plummet


http://www.history.com/this-day-in-h...rticle&id=6117


JAM


Hello


The good news is crude oil also dropped.


You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.


http://www.bloomberg.com/markets/com.../cfutures.html


Folks, we have a contender for most clueless response to a post.
Shall we close the nominations now and all acclaim Arizona Coin Collector the
winner?- Hide quoted text -

- Show quoted text -


Well, it's the stupidest RCC response since the "Giant Brain"
expounded with ultimate authority that that nice 1841 British Gold
Sovereign was worth melt, or about $225 - not the 8,000 pounds that it
catalogs at.

So it's the stupidest response in about three weeks.
--------------------------------------------------------
Drunk again, Oly?
Or is it still?


  #9  
Old September 24th 09, 10:24 PM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default Gold prices plummet!

On Sep 24, 4:21*pm, "The Giant Brain" wrote:
"oly" wrote in message

...
On Sep 24, 12:47 pm, "The Giant Brain" wrote:





"Arizona Coin Collector" wrote in
messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com...


"j-rod" wrote in message
...


September 24, 1869


Gold prices plummet


http://www.history.com/this-day-in-h...rticle&id=6117


JAM


Hello


The good news is crude oil also dropped.


You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.


http://www.bloomberg.com/markets/com.../cfutures.html


Folks, we have a contender for most clueless response to a post.
Shall we close the nominations now and all acclaim Arizona Coin Collector the
winner?- Hide quoted text -


- Show quoted text -


Well, it's the stupidest RCC response since the "Giant Brain"
expounded with ultimate authority that that nice 1841 British Gold
Sovereign was worth melt, or about $225 - not the 8,000 pounds that it
catalogs at.

So it's the stupidest response in about three weeks.
--------------------------------------------------------
Drunk again, Oly?
Or is it still?- Hide quoted text -

- Show quoted text -


Sometimes I'm sober.

But you are always stupid, el "Braniac".

oly

  #10  
Old September 24th 09, 10:42 PM posted to rec.collecting.coins
The Giant Brain
external usenet poster
 
Posts: 96
Default Gold prices plummet!


"oly" wrote in message
...
On Sep 24, 4:21 pm, "The Giant Brain" wrote:
"oly" wrote in message

...
On Sep 24, 12:47 pm, "The Giant Brain" wrote:





"Arizona Coin Collector" wrote in
messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com...


"j-rod" wrote in message
...


September 24, 1869


Gold prices plummet


http://www.history.com/this-day-in-h...rticle&id=6117


JAM


Hello


The good news is crude oil also dropped.


You can check the spot trade price on Bloomberg at the links
below. It is now showing at $998.70.


http://www.bloomberg.com/markets/com.../cfutures.html


Folks, we have a contender for most clueless response to a post.
Shall we close the nominations now and all acclaim Arizona Coin Collector
the
winner?- Hide quoted text -


- Show quoted text -


Well, it's the stupidest RCC response since the "Giant Brain"
expounded with ultimate authority that that nice 1841 British Gold
Sovereign was worth melt, or about $225 - not the 8,000 pounds that it
catalogs at.

So it's the stupidest response in about three weeks.
--------------------------------------------------------
Drunk again, Oly?
Or is it still?- Hide quoted text -

- Show quoted text -


Sometimes I'm sober.

But you are always stupid, el "Braniac".
--------------------------------------------
You must lead a horrible life being both drunk and dense, not to mention the
fact you have reading comprehension problems and are seemingly incapable of
telling the truth.
The signal-to-noise ratio of your drunken missives have gotten to the point
where I must bid you adieu.
PLONK


 




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