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Price of gold
Message
From
02/12/2009 20:59:43
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
 
To
02/12/2009 14:32:14
General information
Forum:
Finances
Category:
Stock markets
Title:
Miscellaneous
Thread ID:
01437116
Message ID:
01437403
Views:
25
>>>>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.

And SWF. GBP... maybe not. It was once maneuvered into a dip by that guy Shorosh (yep, that's the pronunciation - "the orderly"), it can go again.

And I'd buy land. If I'd feel entrepreneurial, I'd pick a city and create a public transportation system, something like what Novi Sad has, where the bus is guaranteed to come within a certain time, between 3min in rush hour, 15 minutes at low times, and 1 hour at night.

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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