Gold $1,020.00, Silver $21.00 can it be?.

Hahahaaaa!!!!!!

Great laugh... thanks!

 

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gold higher

gold might hit $1,000.00 again. be ready.

 

right now:

926.30
+5.10

 

Please! Elaborate! Thank God this forum is blessed with your presence. Enlighten us all so we can all laugh. Thanks!!!!

 

Ground breaking stuff!





:computer:

 

Easy, rookie.

You might want to make a few friends around here first before running your mouth so much.

 

gold shine again

gold up again. it will pass $1,000.00 this year.

 

And guess what, that $1000 will be worth less too.

 

Bingo!! So will there still be reason to celebrate over essentially treading water?

It's not looking like I'll be getting a raise this year. But yet I just found out today (without notice) that my water bill is going up 30.00 a quarter. So there's 120 bucks a year out the window for the same service.

The news tells me to expect natural gas to be up 15% this year from last year.

Expect $5.00/gallon gas at the pump by year's end also. Oil prices hitting new records daily.

Food keeps going up.

Ammunition keeps going up.

Nobody can afford to buy vehicles anymore so Toyota's sales, down 21% in June. Ford down 27%. And from what? Were they that good to begin with?

Now Starbucks is planning to layoff 12,000 full and part time workers and close up 600 stores.

Do I work for them? No. But it still tells me the economy has got to be bottoming out and gold and silver prices SHOULD be at all time highs right now. Even though the dollar value means very little when you have to pay more for less every day. If people actually knew the real inflation numbers (not the phony ones the government spits out) there'd be people going off the deep end. It sure as hell isn't 3%!!

For now I guess I'll just be happy to have a job and the 'luxury' of DirectTV, internet and a few coins stashed away.

End rant.

 

And???????

 

gold and oil

if oil continue uptrend. gold should pass $1,000.00 again. and it will stay there forever. maybe.

 

How about if oil keeps going uptrend, people wouldn't even have enough money to invest as they have to keep up with daily bills.

 

The issue really is, how deos one get by when ones investments take a hit and ones house drops seriously in value? Not easy if one also was foolish enough to get too big a mortgage and holds too many debts. I bought in December, lowballed 10% and put 25% down. The value has to go way down to catch me and I do not see much more than a 10-20% correction in my local market. I got rid of almost all debt and moved from a greedy blue tax happy state to a good solid business friendly one where my retirement income is protected from government greed. I bought, very modestly, a few score gold coins and about 100 silver dollars over the last few years in anticipation yet...my banks accounts are pretty empty and the unexpected spooks me. It also does not help that my government dental plan stinks.

Holding on t the gold is easier said than done.

 

money rotates

money keep rotating. one person losing. another person gets it. subprime incident. many banks and mortgage companies losing and write off. many people also gained. no money to buy gold due to other increasing bills. well, some other people have excess money to buy gold. hopefully those have money to spent are coin collectors.

 

gold up again

as high as $975.60 per ounce. while silver hit $19.26 an ounce.

 

Gold closed up $7.50
Silver also up!
to $19.12 + .25!

 

Remember, the asian gold markets open in under 3 hours.

 

gold continue forward march

gold hit a high of $989.10 and silver $19.51 per ounce.

 

Gold has started to tick upward and has awakened the slumbering Elaine! :hatch: