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Joined: Dec 2008
Posts: 8,344 Likes: 3
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Dec 2008
Posts: 8,344 Likes: 3 |
Are on a run from 1550->1750 in the last month. I'm thinking we will see 2000 before long. The feds say the money hose will stay on full bore for a few more years 
"Life is tough, even tougher if your stupid"
John Wayne
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Joined: Jan 2012
Posts: 67,639 Likes: 73
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,639 Likes: 73 |
back when gold was about $400 per ounce, my wife won a one-ounce card credit suisse for a door prize at a dental convention in Atlanta. It's been tempting to unload it as of late. I guess we will just hang on for a little longer, no rush. 
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Joined: Dec 2006
Posts: 52,680
Campfire Kahuna
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Campfire Kahuna
Joined: Dec 2006
Posts: 52,680 |
Shoulda coulda woulda but I wish I would have had the funds to invest in about10 lbs back when it was $300
Liberalism is a mental disorder that leads to social disease.
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Joined: Jul 2008
Posts: 3,795
Campfire Tracker
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Campfire Tracker
Joined: Jul 2008
Posts: 3,795 |
Always been just out of my reach. Back in high school when I was working part time and silver was $5 an ounce, gold was something like $250 an ounce. Of course, min. wage was $4.75/hour and a paycheck was something like $120 after taxes.
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Joined: Jan 2012
Posts: 14
New Member
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New Member
Joined: Jan 2012
Posts: 14 |
back when gold was about $400 per ounce, my wife won a one-ounce card credit suisse for a door prize at a dental convention in Atlanta. It's been tempting to unload it as of late. I guess we will just hang on for a little longer, no rush. just get you a gold tooth instead
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Joined: Jan 2012
Posts: 67,639 Likes: 73
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,639 Likes: 73 |
back when gold was about $400 per ounce, my wife won a one-ounce card credit suisse for a door prize at a dental convention in Atlanta. It's been tempting to unload it as of late. I guess we will just hang on for a little longer, no rush. just get you a gold tooth instead A Stanton special Ed grill? 
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Joined: Dec 2006
Posts: 52,680
Campfire Kahuna
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Campfire Kahuna
Joined: Dec 2006
Posts: 52,680 |
Got several...that's why I carry a Leatherman...if I tip over pull them so the undertaker don't get them!
Liberalism is a mental disorder that leads to social disease.
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Joined: Jan 2006
Posts: 21,810
Campfire Ranger
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Campfire Ranger
Joined: Jan 2006
Posts: 21,810 |
Gold is a commodity and rises and falls. It's like market timing of equities - some have the kanck and others don't.
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Joined: Dec 2008
Posts: 8,344 Likes: 3
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Dec 2008
Posts: 8,344 Likes: 3 |
Gold is a commodity and rises and falls. It's like market timing of equities - some have the kanck and others don't. It seems to track more with stocks the last year or so.
"Life is tough, even tougher if your stupid"
John Wayne
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
Precious metals will fall in price when the euro fails and investors seek to offset their liabilities by investing in the dollar.
However, the dollar is currently being devalued and will fall shortly after the collapse of the euro.
At that point, precious metals separate from the stock market and will surge in value and the dollar and the American stock market plummets.
Wait for it.
Buy the dips in precious metals shortly after the euro fails.
$2700 gold and $90 silver will soon follow.
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