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Gold prices plummet!
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#2
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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
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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
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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
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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
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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
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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
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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
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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
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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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