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#1
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Gold Skyrocketing
Gold hits 6 month high, closing in on $1200/oz
Silver closing in on $19/oz. Time to sell? |
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#2
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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
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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
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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
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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
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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
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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
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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
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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
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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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