Yikes... gold when PTOING!!! today and jumped almost $50/ounce. What the... It seems like a good economy = low gold price and bad economy = high gold price. Bizarre. In any case, the bullion that cost me $209 last week would cost me $260 today. Don't you love volatility?!
i hate to sound like an expert but the question we should be asking is why did gold jump only $50 an ounce? sometimes the non even is also an event
Don't worry Spock you sound no more like an expert than I do. Silver also gained a ton. Stock market took a hit so people are going to metals. Switch from one "paper" to another as it were. I'll be buying what silver I can afford. Physical silver that is.
you know what has happened in the last couple of days my portfolio shrank 10% and that would have been enough to buy each and every gold coin produced by the us mint since 1982 another couple of days and you might as well throw in all the st gaudens and another ... well you get the drift
Yes, more dread is ahead. The gov't announced that they have their eyes on 2 other big firms - some say Goldman Sachs is one of them. If 2 more go we may as well say "hello depression!"
