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#11
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Gold Skyrocketing
? "Jason Burke" ?????? ??? ??????
... 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. 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 mo http://s208.photobucket.com/albums/bb120/golanule/ http://gogu.enosi.org/index.html Last attempt resulted in a vegetable that we're ALL paying for. Next try should do the trick! |
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#12
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Gold Skyrocketing
On May 4, 3:54*am, "Bob-tx" wrote:
"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 Good story. Gold and silver is an insurance. Not an investment. |
#13
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Gold Skyrocketing
On May 9, 10:11*am, " wrote:
On May 4, 3:54*am, "Bob-tx" wrote: "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 Good story. Gold and silver is an insurance. Not an investment. 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. |
#14
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Gold Skyrocketing
On May 24, 4:59*am, sgt23 wrote:
On May 9, 10:11*am, " wrote: On May 4, 3:54*am, "Bob-tx" wrote: "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 Good story. Gold and silver is an insurance. Not an investment. 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.- Hide quoted text - - Show quoted text - When was gold $12 per ounce? |
#15
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Gold Skyrocketing
On May 24, 6:44*pm, Peter wrote:
On May 24, 4:59*am, sgt23 wrote: On May 9, 10:11*am, " wrote: On May 4, 3:54*am, "Bob-tx" wrote: "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 Good story. Gold and silver is an insurance. Not an investment. 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.- Hide quoted text - - Show quoted text - When was gold $12 per ounce? 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. |
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