Author Topic: As predicted, Gold hits record new high  (Read 8791 times)

Bindare_Dundat

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Re: As predicted, Gold hits record new high
« Reply #75 on: August 18, 2011, 09:46:15 PM »
Just hit $1843.00.

Bindare_Dundat

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Re: As predicted, Gold hits record new high
« Reply #76 on: August 19, 2011, 06:45:03 AM »
$1858!

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Re: As predicted, Gold hits record new high
« Reply #77 on: August 19, 2011, 06:46:11 AM »
I hate the State.

Bindare_Dundat

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Re: As predicted, Gold hits record new high
« Reply #78 on: August 19, 2011, 06:48:12 AM »
True Anus, were still waiting for those instructions fir making our own gold, I would love to spin out a few more 100 oz.

Bindare_Dundat

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Re: As predicted, Gold hits record new high
« Reply #79 on: August 19, 2011, 05:27:49 PM »
We might have hit the gold cost numbers that are driving more people into silver now. silver almost hit 43 dollars an oz today. Might be very bullish doe the next little while, we'll see soon enough.

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Re: As predicted, Gold hits record new high
« Reply #80 on: August 22, 2011, 06:34:02 AM »

http://finance.yahoo.com/news/Gold-Advances-to-Record-as-bloomberg-1448057432.html?x=0&sec=topStories&pos=2&asset=&ccode=

Gold climbed to a record above $1,890 an ounce in London and New York as concern about slowing economic growth and debt crises spurred demand for bullion as a protection of wealth. Platinum gained to a three-year high.

German Chancellor Angela Merkel attempted to shut the door on common euro-area bonds as a means to solve the debt crisis, saying she won’t let financial markets dictate policy. The Federal Reserve holds its annual symposium in Jackson Hole, Wyoming, this week, amid speculation it may signal a third round of asset purchases to boost the faltering recovery.

“Gold is still the safe haven, and as long as people fear recession in the U.S. and euro-zone debt problems, gold remains in demand,” Peter Fertig, owner of Quantitative Commodity Research Ltd. in Hainburg, Germany, said by phone. More U.S. asset purchases “would be bullish for gold. Increasing liquidity will lead to higher future inflation, which is a reason to buy gold.”

Immediate-delivery gold gained as much as $42.70, or 2.3 percent, to $1,894.80 an ounce and traded at $1,881.65 by 10:14 a.m. in London. Gold for December delivery was up 1.8 percent at $1,885.90 an ounce on the Comex in New York after touching a record $1,898.60.

Gold is in the 11th year of a bull market, the longest winning streak since at least 1920 in London, as investors seek to diversify their holdings away from equities and some currencies. Global stocks earlier this month slipped to an 11- month low, and bullion reached all-time highs in euros, British pounds and Swiss francs today.

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Re: As predicted, Gold hits record new high
« Reply #81 on: August 22, 2011, 06:37:31 AM »
Time to invest in Tungsten ;)

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Re: As predicted, Gold hits record new high
« Reply #82 on: August 22, 2011, 06:38:21 AM »
Nation/Economy/Currency going down

Gold/Oil/Silver going up! 

obama responsible for 100% of this shit.. hahahahahahaha

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Re: As predicted, Gold hits record new high
« Reply #83 on: August 22, 2011, 06:42:34 AM »
obama responsible for 100% of this shit.. hahahahahahaha

Alot of it. 

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Re: As predicted, Gold hits record new high
« Reply #84 on: August 22, 2011, 06:46:11 AM »

Soul Crusher

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Re: As predicted, Gold hits record new high
« Reply #85 on: August 22, 2011, 06:47:05 AM »
im sure

Yeah, obama has been great to the nation and things.   ::)

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Re: As predicted, Gold hits record new high
« Reply #86 on: August 22, 2011, 06:47:20 AM »
Alot of it. 

It wasn't pretty for either of them.  $200 to $1000 under Bush (Increase of 500%).... $1000 to $1800 under Obama... not as much of a %, but less time -

During Bush’s presidency, the price of gold had an average annual gain of 15.45%. During Obama’s 2.11 years (771 days ÷ 365.25) in office, the price of gold has had an average annual gain of 28.78%.


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Re: As predicted, Gold hits record new high
« Reply #87 on: August 22, 2011, 07:04:06 AM »
It wasn't pretty for either of them.  $200 to $1000 under Bush (Increase of 500%).... $1000 to $1800 under Obama... not as much of a %, but less time -

During Bush’s presidency, the price of gold had an average annual gain of 15.45%. During Obama’s 2.11 years (771 days ÷ 365.25) in office, the price of gold has had an average annual gain of 28.78%.



8 years vs 2 1/2 you fucking dope.

Obama has taken the very worst of Bush and tripled down on it.   


He has debased the currency

He has created massive instability in the ME

He has created massive regulatory and tax uncertainty 

He has attacked business and gravely harmed the economy with ObamaCare

He has made us more reliant upon foreign fuels and is causing energy inflation at home 

He has spent money like a $2 dollar crackhead from Harlem who won $100 on a scratch off 

He has set into motion crippling debt, deficits, and unsustainable obligations as far as the eye can see

He has taken no effort whatsoever to cut spending and strengthen our finances.

He has enacted laws and regulations that have frozen the credit markets for business




AND YOU WONDER WHY THINGS ARE GETTING WORSE AND PEOPLE ARE FLEEING TO GOLD? ? ?  ?


LMFAO -   

         

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Re: As predicted, Gold hits record new high
« Reply #88 on: August 22, 2011, 07:17:02 AM »
dude, i actually made your point for you.  I pointed out it took less time, then went to the trouble to show you the annual price of gold has gone up 28.78% under Obama - and ONLY 15.45% under bush.


Essentially, i made your point for you.  Yet, instead of reading my showing the price is increasing at a rate twice as fast under obama, you instantly shit on me and turned into a hater out of habit.

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Re: As predicted, Gold hits record new high
« Reply #89 on: August 22, 2011, 07:19:04 AM »
dude, i actually made your point for you.  I pointed out it took less time, then went to the trouble to show you the annual price of gold has gone up 28.78% under Obama - and ONLY 15.45% under bush.


Essentially, i made your point for you.  Yet, instead of reading my showing the price is increasing at a rate twice as fast under obama, you instantly shit on me and turned into a hater out of habit.


Maybe because almoast 99% of your other posts are obama suck ups I got a little confused.   

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Re: As predicted, Gold hits record new high
« Reply #90 on: August 22, 2011, 08:03:32 AM »
Maybe because almoast 99% of your other posts are obama suck ups I got a little confused.   

maybe.  or maybe you're just in attack dog mode too much :)

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Re: As predicted, Gold hits record new high
« Reply #91 on: August 22, 2011, 08:05:06 AM »
maybe.  or maybe you're just in attack dog mode too much :)

Could be.   But I prefer attack dog to lap dog any day.   ;)  ;)  ;)

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Re: As predicted, Gold hits record new high
« Reply #92 on: August 22, 2011, 08:09:37 AM »
Maybe because almoast 99% of your other posts are obama suck ups I got a little confused.   
or maybe your homo ass needs to take a step back with your dumb ass and read.. let it soak in. And then react
Your punk ass off the cuff knee jerk reactions make you look like a talking head uninformed jack ass.

with your stupid ass

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Re: As predicted, Gold hits record new high
« Reply #93 on: August 22, 2011, 08:14:17 AM »
or maybe your homo ass needs to take a step back with your dumb ass and read.. let it soak in. And then react
Your punk ass off the cuff knee jerk reactions make you look like a talking head uninformed jack ass.

with your stupid ass


Mal - why do you think people invest in Gold? 

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Re: As predicted, Gold hits record new high
« Reply #94 on: August 22, 2011, 08:18:13 AM »

Mal - why do you think people invest in Gold? 
No faith in da cash money.... And its 100% obamas fault..

Bindare_Dundat

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Re: As predicted, Gold hits record new high
« Reply #95 on: August 22, 2011, 01:21:35 PM »
Gee thanks for being so proactive in my thread guys.



It topped 1900 today, by the way.

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Re: As predicted, Gold hits record new high
« Reply #96 on: August 22, 2011, 01:25:18 PM »
Gee thanks for being so proactive in my thread guys.



It topped 1900 today, by the way.


Its not really a good thing to be honest, no offense of course, that gold is doing this. 


We have the politicians to blame for this of course and this just means that money that otherwise would be invested in productive parts of the economy and towards income producing endeavors are now being stored in gold bars. 

Not good for future potential expansion, growth, or employment for sure.