JEFF9K (277 posts)
GOLD PLUNGES AGAIN - HEADED TOWARD $0.00!
Of course it won't hit zero, but it's moving in that direction.
This is a blow to conservative “Gâ€-forces, which include GOD, GUNS, GOLD, and GREED.
Will conservative talk shows be able to survive when all their gold sponsors go out of business?
What will happen to all the people who listened to Rush and Beck and converted to gold IRAs? Will they go on welfare?
Will conservatives start to question other parts of their philosophy?
http://finance.yahoo.com/blogs/daily-ticker/gold-prices-collapse-everyone-remembers-just-yellow-metal-150633740.html
Jackpine Radical (36,709 posts)
1. It's all Obama's fault.
By not letting the economy entirely crash, he pulled the rug out from gold prices.
Warpy (69,724 posts)
3. Everything is falling at once
Usually when equities and commodities fall in tandem, people flock to gold and t-bills.
The dollar itself is quite a bit higher, so they might be rushing for t-bills, now paying a princely 2.33% interest per year.
Conservatives will never question any part of their dogma. For them, it's not a matter of sifting through data and trying to figure out what will work. For them, it's a belief system, as carved in stone and passed down through the ages as their crackpot religious ideas are.
A conservative has to be starving in the midst of ashes and rubble before he wonders what exactly has gone wrong.
DCBob (15,027 posts)
15. The goldifuks have finally figured out that the economy and the dollar are not going to collapse..
due to Obama and the socialists. Idiots.
A conservative has to be starving in the midst of ashes and rubble before he wonders what exactly has gone wrong.
And yet Proglodytes can't feed, house or educate themselves in the best of times.
Like all commies, they hate anyone who has more than them or is smarter than them.
Now for a stock report
GOLD.....................................\/
GUNS and AMMO....................../\
DUMMIES holding steady at....... :mental:
Was it in the early 70's that the Hunt Brothers bought up a shit load of silver only to dump it all on the market again causing the price of silver to nose dive ???
Something along those lines, so long ago but it is the reason I wonder if this could happen to gold also.
Does anyone remember just what happened back then, my long time memory is headed south.
Warpy
Everything is falling at once
Usually when equities and commodities fall in tandem, people flock to gold and t-bills.
The dollar itself is quite a bit higher, so they might be rushing for t-bills, now paying a princely 2.33% interest per year.
Conservatives will never question any part of their dogma. For them, it's not a matter of sifting through data and trying to figure out what will work. For them, it's a belief system, as carved in stone and passed down through the ages as their crackpot religious ideas are.
Great article. Amazing that the New York Times would, even reluctantly, admit that Simon won the bet.
Link to NYT article...http://www.nytimes.com/1990/12/02/magazine/betting-on-the-planet.html?pagewanted=all&src=pm (http://www.nytimes.com/1990/12/02/magazine/betting-on-the-planet.html?pagewanted=all&src=pm)
I guess they don't realize that gold is down because some of their socialist utopias (Cyprus, Spain, Portugal) are dumping it like crazy to try to pay off the massive debts their socialist policies have brought upon them.Which load/caliber are you looking at?
I too, see it as a good buying opportunity.
Great article. Amazing that the New York Times would, even reluctantly, admit that Simon won the bet.Thank you. I am quite proud of that post. It shows a distinct difference between libs and conservatives. Had you heard of that bet before ?
Thank you. I am quite proud of that post. It show a distinct difference between libs and conservatives. Had you heard of that bet before ?
JEFF9K (277 posts)
GOLD PLUNGES AGAIN - HEADED TOWARD $0.00!
I'm looking at this as a buying opportunity.
So far the best performing investment I have had is bricks of .22LR. They have appreciated about 400% in less than six months.
Which load/caliber are you looking at?
You know nothing about investing, about conservatives, and especially nothing about how conservatives invest as is obvious by your post. I'll stack the huge success of my investment portfolio and my knowledge of investing against yours any day, Hindenburg face. That goes for any primitive on the island that wants to give it a shot. Bring it.It's really just the "paper" gold that's taking a hit. I suspect that anyone (like me) that is holding physical gold won't see much of change once the paper market corrects itself. If only "Beryankme" would just keep printing money, the stock market would hold steady and all would be right with the world.
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It's really just the "paper" gold that's taking a hit. I suspect that anyone (like me) that is holding physical gold won't see much of change once the paper market corrects itself. If only "Beryankme" would just keep printing money, the stock market would hold steady and all would be right with the world.
A conservative has to be starving in the midst of ashes and rubble before he wonders what exactly has gone wrong.
.223 and .308 of courseGood investment. :bow:
I guess they don't realize that gold is down because some of their socialist utopias (Cyprus, Spain, Portugal) are dumping it like crazy to try to pay off the massive debts their socialist policies have brought upon them.
I too, see it as a good buying opportunity.
So much stupid in just one post - at times I don't know how the primitives do it.
Weed
Weed