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Price of gold
Message
From
02/12/2009 16:08:41
 
 
To
02/12/2009 15:28:03
General information
Forum:
Finances
Category:
Stock markets
Title:
Miscellaneous
Thread ID:
01437116
Message ID:
01437367
Views:
28
>>>>>>The prrice for an ounce of gold has been going up quickly bit in the past two or three weeks.
>>>>>>
>>>>>>http://www.goldprice.org/ (Note the chart)
>>>>>>
>>>>>>Are the movers and shakers moving into gold for a reason or is the price just going up?
>>>>>
>>>>>Feds is printing.
>>>>
>>>>They haven't stopped for the last 12 months. Why now?
>>>>
>>>>I think the answer is "it's just the price going up... because the shakers finally moved" (or the movers shook?).
>>>
>>>I am not into stock markets but this was perhaps easy to predict. Feds printing, dollar sinking and people with money trying to protect
>>>value of it. It could be also expectance of next financial tsunami. Dubai property bubble got bust recently and many Fin.Analysts predict second wave of foreclosures in US / further drop of property prices.
>>>
>>>So If you had 200m US dollars in cash what wld you buy ? I mean AFTER all that crossed your mind first {g}
>>>I wld go for gold or euro.
>>
>>Imagine how easy it would be to flood the world with US currency until is it worthless and then, yes then pay off the debt to the Chinese for pennies on the dollar?
>
>Maybe this is what they trying to do but the Chineese are not all that stupid ?
>Chineese are on shopping spree as of lately. My guess would be they buying solid stuf like lands, or uhm... gold maybe ?

Not they are not stupid. Nobody has the market on brains :) Now all I need is some money so I can buy some gold.
I ain't skeert of nuttin eh?
Yikes! What was that?
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