Gold Price!!

Discussion in 'US Coins Forum' started by Robert 29, Oct 28, 2009.

  1. Robert 29

    Robert 29 Senior Member

    Ever notice; when you start seeing lots of advertising for the metal and the public gets sucked in to buying, the price tanks!! I think it's happening again, watch the TV commercials.
     
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  3. BNB Analytics

    BNB Analytics New Member

    Ah what a silly speculation. It may just be coincidence.
     
  4. quartertapper

    quartertapper Numismatist

    Good! Maybe gold will finally fall into my price range. This goes to prove you never invest in something without doing any research whatsoever. I proved that point with my individual retirement account!!!
     
  5. krispy

    krispy krispy


    been watching that all year. come join us in the bullion investing threads, lots of this talk going on there.
     
  6. Danr

    Danr Numismatist

    I hope it keeps sliding.
     
  7. krispy

    krispy krispy

    not too far of course. ;)
     
  8. Tater

    Tater Coin Collector

    gold hasn't slide much look at silver. Hope it goes down more so I can buy again.
     
  9. Just Carl

    Just Carl Numismatist

    We shouldn't complain about those TV adds about sending in your gold. I think it's better than listening to those idiots telling you to run out and buy properties for no money down. :rolleyes:
    And don't know where your at buy I really hate the one about the magit bullet thing for your kitchen.
     
  10. bigjpst

    bigjpst Well-Known Member

    And don't know where your at buy I really hate the one about the magit bullet thing for your kitchen.[/QUOTE]
    Hey now I have a magic bullet and the thing is awesome...of course it was a gift..:thumb:
     
  11. Robert 29

    Robert 29 Senior Member

    My theory is NOT working so far: Gold price at $1046.50 at 11:45 AM today!!
     
  12. fretboard

    fretboard Defender of Old Coinage!

    Gold delivery for December?

    I check the Kitco website quite often to keep up on gold prices but I still don't know what this means. Anyone? :confused:
     
  13. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    I worry gold will never be in my price range again.
     
  14. Vess1

    Vess1 CT SP VIP Supporter


    Aah, who knows? Maybe that magic old U.S. dollar will make a huge come back and send it back to $250? lol

    Would make about as much sense as to how the DOW continues to hover around 10k range in this economic climate. When we're worse off now than we were last October when it crashed. Considering the duration and worse unemployment than at that time.
    As the wave of baby boomers retire and need to sell their holdings to a younger workforce now experiencing 22% real unemployment and many who ARE employed can't afford to gamble in it. Almost makes you wonder who's buying doesn't it? :confused: Could there be stimulus money propping it up?

    Of course, there's that inconvenient little fact of inflation and the public's disconnect with it. When the DOW is back to that key psychological point of 10k range, it's whipped up by the media, 'flying high' and everybody's happy again! Never mind that these levels were experienced 10 years ago or that formerly strong stocks that have dropped to nothing have been removed and replaced with other companies.

    Yes, unless we all see enormous pay raises, average people will have to settle for fractions of gold (if they're lucky enough) until that is no longer affordable. Then it will be silver until it's no longer affordable. It's happening before your eyes. I'm interested to see how fast this will escalate as we move into the norm of trillions of dollars annually in deficit spending. Took nearly a century to be 1 trillion in debt. Now that's an optimistic view for an annual deficit! Yeah, I'd say there's reason for concern looking forward. :mad:
     
  15. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Keep moving, keep moving.... nothing to see here.... move along, keep moving.... nothing to see, nothing to see..... move along, keep moving.
     
  16. Vess1

    Vess1 CT SP VIP Supporter


    LOL! :mouth:
     
  17. Leadfoot

    Leadfoot there is no spoon

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