Gold

[DimPrawn]

Try getting that return on a bank account.

 

[TimberWolf]

Try getting that return on a bank account.

A mirror image would be doable.

 

[DimPrawn]

The only way gold is going to fall is if interest rates in the USA rise really fast to seriously big numbers, government pay off all their debts and everything is rosy in the world again.

Not likely. More likely is the gold price doubling by end of next year.

 

[TimberWolf]

Looks like gold took another giant leap forward today, hitting another record high. Any particular reason behind this, or just same old same (hyper inflation, currency debasement, low interest rates and printing)?

 

[landl]

Try getting that return on a bank account.

I'm waiting for Sasguru to pop in and tell us the graph is yet more positive proof for global warming, and anyone disputing it is........

.......a cretin.

 

[DimPrawn]

Looks like gold took another giant leap forward today, hitting another record high. Any particular reason behind this, or just same old same (hyper inflation, currency debasement, low interest rates and printing)?

ShareCast - News you can use
Finnish election results could mean veto for Portugal’s bailout · TheJournal
The Federal Reserve Must Implement QE3, Says NIA -- FORT LEE, N.J., April 6, 2011 /PRNewswire/ --

Etc, etc, etc, Ad Nauseum.

 

[TimberWolf]

In the twilight years of the Roman Empire, soldiers would only work for gold, because the money went to tulip. Maybe we should do that here.

 

[scooterscot]

The only way gold is going to fall is if interest rates in the USA rise really fast to seriously big numbers, government pay off all their debts and everything is rosy in the world again.

Not likely. More likely is the gold price doubling by end of next year.

There is every change that that yon star in the orion belt will collapse into itself spurting out new gold deposits for all. Then what will you do? Invest in euros of course.

 

[DimPrawn]

In the twilight years of the Roman Empire, soldiers would only work for gold, because the money went to tulip. Maybe we should do that here.

Utah House Passes Bill Recognizing Gold, Silver as Legal Tender - FoxNews.com

Utah took its first step Friday toward bringing back the gold standard when the state House passed a bill that would recognize gold and silver coins issued by the federal government as legal currency.

If the bill passes, Utah would become the first of 13 states that have proposed similar measures. The others states are Colorado, Georgia, Montana, Missouri, Indiana, Iowa, New Hampshire, Oklahoma, South Carolina, Tennessee, Vermont and Washington.

 

[administrator]

Try getting that return on a bank account.

My brother was telling me how much his gold had gone up in price. Was impressed until he told me he had two whole ounces of the stuff he picked up when travelling

Saw a graph showing house prices in number of ounces - that was a shocker too!