Author Topic: As predicted, Gold hits record new high (Read 7642 times)

Bindare_Dundat · « **on:** April 05, 2011, 07:26:27 PM »

Quote from: Bindare_Dundat on March 31, 2011, 10:51:45 PM

Expect new highs in PM's soon. I'm grabbing more silver tomorrow.

This is getting too easy. I hope you guys were listening.

Gold hits new record high, silver hits 31 year high

There was nothing standing in gold’s way on Tuesday afternoon, with bullion prices hitting a new record high in nominal terms. Gold (GC-FT1,453.400.900.06%) touched $1,452 (U.S.) an ounce, up about $19, stretching its gains to 10.5 per cent since it began to recover from an early year dip in late January.

http://www.theglobeandmail.com/globe-investor/markets/markets-blog/gold-hits-new-record-high/article1971582/?utm_medium=Feeds%3A%20RSS%2FAtom&utm_source=Home&utm_content=1971582

Soul Crusher · « **Reply #1 on:** April 05, 2011, 07:27:42 PM »

Nation/Economy/Currency going down

Gold/Oil/Silver going up!

Bindare_Dundat · « **Reply #2 on:** April 05, 2011, 07:47:53 PM »

I don't think the signs have ever been clearer that the country/world is beyond fucked. There is not going to be recovery any time soon, things are going to get worse as long as the idiots in charge keep coming up with bright ideas that do nothing but promote grief.

Bindare_Dundat · « **Reply #3 on:** April 06, 2011, 06:37:25 AM »

Gold hits $1462/oz.

Silver $39.71.

GigantorX · « **Reply #4 on:** April 06, 2011, 06:43:08 AM »

Quote from: Bindare_Dundat on April 05, 2011, 07:47:53 PM

I don't think the signs have ever been clearer that the country/world is beyond fucked. There is not going to be recovery any time soon, things are going to get worse as long as the idiots in charge keep coming up with bright ideas that do nothing but promote grief.

Dude! The number of people of foodstamps has doubled, DOUBLED, since 2008!

If that's not a sure fire sign that this economy is gaining steam, than I don't know what is!

Mr. Market, as manipulated and centrally planned as it is these days, is telling us something. Fiat currencies, specifically the USD, is headed in the wrong direction.

Soul Crusher · « **Reply #5 on:** April 06, 2011, 06:48:08 AM »

Quote from: GigantorX on April 06, 2011, 06:43:08 AM

Dude! The number of people of foodstamps has doubled, DOUBLED, since 2008!

If that's not a sure fire sign that this economy is gaining steam, than I don't know what is!

Mr. Market, as manipulated and centrally planned as it is these days, is telling us something. Fiat currencies, specifically the USD, is headed in the wrong direction.

Big Mal told me Obama got us out of the recession!

Bindare_Dundat · « **Reply #6 on:** April 06, 2011, 06:50:11 AM »

Quote from: GigantorX on April 06, 2011, 06:43:08 AM

Dude! The number of people of foodstamps has doubled, DOUBLED, since 2008!

If that's not a sure fire sign that this economy is gaining steam, than I don't know what is!

Mr. Market, as manipulated and centrally planned as it is these days, is telling us something. Fiat currencies, specifically the USD, is headed in the wrong direction.

wow, stunning statistic! I didn't know it doubled since 2008.

If they just hand everyone welfare checks doesnt that get the economy going? Who spouted that again?

Soul Crusher · « **Reply #7 on:** April 06, 2011, 06:51:00 AM »

Quote from: Bindare_Dundat on April 06, 2011, 06:50:11 AM

wow, stunning statistic! I didn't know it doubled since 2008.

If they just hand everyone welfare checks doesnt that get the economy going? Who spouted that again?

Bindare_Dundat · « **Reply #8 on:** April 06, 2011, 06:59:15 AM »

Quote from: 333386 on April 06, 2011, 06:51:00 AM

Yikes!

Bindare_Dundat · « **Reply #9 on:** April 07, 2011, 10:46:24 PM »

New highs again.

Gold $1467/oz

Silver $40.01/oz

MB_722 · « **Reply #10 on:** April 07, 2011, 10:52:26 PM »

crazy

Bindare_Dundat · « **Reply #11 on:** April 07, 2011, 10:53:54 PM »

Quote from: MB_722 on April 07, 2011, 10:52:26 PM

crazy

It's coming............

Soul Crusher · « **Reply #12 on:** April 08, 2011, 04:41:30 AM »

Quote from: Bindare_Dundat on April 07, 2011, 10:53:54 PM

It's coming............

did you see that schiff clipp Whork posted on goldline?

Bindare_Dundat · « **Reply #13 on:** April 08, 2011, 07:47:33 AM »

Quote from: 333386 on April 08, 2011, 04:41:30 AM

did you see that schiff clipp Whork posted on goldline?

No, what's the discussion?

By the way, just hit $1470.

Bindare_Dundat · « **Reply #14 on:** April 08, 2011, 01:17:20 PM »

$1475.00!! Boooyahhh

Soul Crusher · « **Reply #15 on:** April 08, 2011, 01:20:24 PM »

Quote from: Bindare_Dundat on April 08, 2011, 01:17:20 PM

$1475.00!! Boooyahhh

Clearly a sign of confidence in our future and current fiscal path.

Bindare_Dundat · « **Reply #16 on:** April 14, 2011, 07:06:02 PM »

New high hit again at $1480/oz, silver hits $42.

Hahahahhahahahahahaa

A big thank you to all the crazy fools like Ron Paul, Schiff, Faber, etc..for opening my eyes.

Soul Crusher · « **Reply #17 on:** April 14, 2011, 07:11:04 PM »

Hope and change economics.

SAMSON123 · « **Reply #18 on:** April 14, 2011, 07:18:22 PM »

Quote from: Bindare_Dundat on April 05, 2011, 07:26:27 PM

This is getting too easy. I hope you guys were listening.

Gold hits new record high, silver hits 31 year high

There was nothing standing in gold’s way on Tuesday afternoon, with bullion prices hitting a new record high in nominal terms. Gold (GC-FT1,453.400.900.06%) touched $1,452 (U.S.) an ounce, up about $19, stretching its gains to 10.5 per cent since it began to recover from an early year dip in late January.

http://www.theglobeandmail.com/globe-investor/markets/markets-blog/gold-hits-new-record-high/article1971582/?utm_medium=Feeds%3A%20RSS%2FAtom&utm_source=Home&utm_content=1971582

You meant to say the DOLLAR HIT RECORD LOWS. Gold is NOT increasing in value...THE DOLLAR IS TANKING IN VALUE.

I would be surprised if the dollar lasts the rest of 2011

Bindare_Dundat · « **Reply #19 on:** April 14, 2011, 07:21:13 PM »

Quote from: 333386 on April 14, 2011, 07:11:04 PM

Hope and change economics.

I remember all the anti Schiff posts on here saying how he lost tons of money for investors, that he sucked and Ron' gold talk was a bunch of baloney. Looks like things are going as they predicted it would, it's a slow process but one that is well under way now.

Soul Crusher · « **Reply #20 on:** April 14, 2011, 07:29:35 PM »

Notice the briiliant analyst benny hasn't said shit lately?

Bindare_Dundat · « **Reply #21 on:** April 14, 2011, 07:59:28 PM »

Quote from: 333386 on April 14, 2011, 07:29:35 PM

Notice the briiliant analyst benny hasn't said shit lately?

Someone must have told him that "working on Wall Street" didn't include selling jumbo dogs from a cart.

Bindare_Dundat · « **Reply #22 on:** April 15, 2011, 04:46:44 PM »

Quote from: Bindare_Dundat on March 31, 2011, 10:51:45 PM

Expect new highs in PM's soon. I'm grabbing more silver tomorrow.

$1486.80/oz gold
$43.05/ oz for silver

Bindare_Dundat · « **Reply #23 on:** April 18, 2011, 06:50:20 AM »

Gold just hit $1492.00.

Stocks nose dive.

Soul Crusher · « **Reply #24 on:** April 19, 2011, 10:22:41 AM »

Related News:Canada · Commodities · Europe · U.S. .Gold Tops $1,500 on Outlook for Escalating U.S. Debt, Dollar
By Kyoungwha Kim and Pham-Duy Nguyen - Apr 19, 2011 12:45 PM ET

Business ExchangeBuzz up!DiggPrint Email . Gold bars and coins are displayed at Goldcore Ltd., in London. Photographer: Chris Ratcliffe/Bloomberg
(Corrects year in sixth paragraph.)

Gold futures rose to a record $1,500.50 an ounce as U.S. debt concerns weighed on the dollar, boosting demand for the precious metal as an alternative investment.

The greenback dropped against a basket of six currencies following Standard & Poor’s revision yesterday of its long-term rating of U.S. debt to negative from stable.

“Investors are shocked and flocking to gold as the downgrade threw a cold blanket over the dollar,” said Lim Chae Myung, a Seoul-based trader at Hyundai Futures Co. “The bullish trend becomes pronounced as more and more people get out of the dollar to buy hard assets.”

Gold futures for June delivery rose $2.40, or 0.2 percent, to $1,495.30 at 12:33 p.m. on the Comex in New York after reaching the record.

Gold for immediately delivery rose as much as 0.3 percent to an all-time high of $1,499.32 before erasing gains.

Before today, futures climbed 31 percent in the past year. Lim said the metal will reach $1,600 in 2011.

Gold has gained every year since 2001 on increased investment demand for commodities.

To contact the reporter on this story: Kyoungwha Kim in Singapore at kkim19@bloomberg.net; Pham-Duy Nguyen in Seattle at pnguyen@bloomberg.net.

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net.