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GOLD $1400!
The Business Insider ^ | 11-8-2010 | Joe Weisenthal

Posted on 11/08/2010 9:20:16 AM PST by blam

GOLD $1400!

Joe Weisenthal
Nov. 8, 2010, 11:59 AM

ALERT ALERT ALERT

[snip]

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: commodities; gold; inflation; qe2
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1 posted on 11/08/2010 9:20:20 AM PST by blam
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To: blam

Got inflation?


2 posted on 11/08/2010 9:22:14 AM PST by Cheap_Hessian (I am the Grim FReeper.)
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To: blam

If gold was going up as fast as silver is right now, it would be at $1600.

The writing is on the wall, though.


3 posted on 11/08/2010 9:22:51 AM PST by RobRoy (The US Today: Revelation 18:4)
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To: blam

At the rate the USA is devaluing its currency, $1400 is just the warm-up.

However, I believe Silver will run up faster than Gold. Anybody paying attention to AG vs AU and their ratios?


4 posted on 11/08/2010 9:24:06 AM PST by SeekAndFind
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To: blam

The One Hour Meltdown:

http://www.grandpappy.info/honehour.htm


5 posted on 11/08/2010 9:25:42 AM PST by RobRoy (The US Today: Revelation 18:4)
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To: SeekAndFind

I use this site to watch the price:

http://bullion.nwtmint.com/silver_bags.php


6 posted on 11/08/2010 9:26:25 AM PST by RobRoy (The US Today: Revelation 18:4)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


7 posted on 11/08/2010 9:26:57 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: blam
So, am I supposed to buy now since it is at its highest - so in 6 months it will be worth 1/3 less?

Geez.

8 posted on 11/08/2010 9:27:43 AM PST by daniel boob (Doesn't matter what this says - you will call it racist)
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To: blam
Silver barking at $27.50 (27.44), rumors of problems at ATMs nationwide and also rumors of looming 11/11 bank holiday. Lots of fireworks now that we are helicoptering $25 billion per week. (QE 2 is different than QE 1 and TARP). The world is rather upset at the good old USofA. Hope the rumors aren't true, but am pretty well prepared just in case. Hiya Blammo !

Nam Vet

9 posted on 11/08/2010 9:30:54 AM PST by Nam Vet (Are you better off than you were 4 trillion dollars ago?)
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To: blam

I’m getting that feeling in the pit of my stomach...


10 posted on 11/08/2010 9:34:32 AM PST by MichaelCorleone
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To: SeekAndFind
"However, I believe Silver will run up faster than Gold. Anybody paying attention to AG vs AU and their ratios?"

I saw an article this morning that forecast copper prices to rise 50% with in the next six months.
Before long, my nickel stash could be double....nickels would be worth dimes in melt value.

My silver 'slicks' are looking pretty good too.

United States Circulating Coinage Intrinsic Value Table (Melt Value)

11 posted on 11/08/2010 9:35:17 AM PST by blam
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To: Nam Vet

“and also rumors of looming 11/11 bank holiday.”

11/11 is by law a bank holiday. You can confirm the rumor.


12 posted on 11/08/2010 9:38:14 AM PST by devere
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To: Nam Vet
"Hope the rumors aren't true, but am pretty well prepared just in case. Hiya Blammo !"

Hey buddy.

Hope the rumors aren't true too. However, I'm about as prepared as I'm ever going to be.

13 posted on 11/08/2010 9:39:55 AM PST by blam
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To: devere

LOL! I’m still waiting for the bank holidays we were promised over the last 2 years.


14 posted on 11/08/2010 9:41:15 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: blam
"You're either long gold, or long politicians"

Bring back the gold standard, says World Bank chief

15 posted on 11/08/2010 9:43:09 AM PST by Palter (If voting made any difference they wouldn't let us do it. ~ Mark Twain)
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To: devere; Nam Vet
US Bank Holidays

"Veteran’s Day November 11 Thursday, November 11, 2010

16 posted on 11/08/2010 9:44:32 AM PST by blam
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To: blam

Bottom line is that if there are no commodities to buy, it won’t matter how much fiat money or silver or gold you’ve got lying around. Food and gas just don’t magically appear on their own.


17 posted on 11/08/2010 9:44:55 AM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: blam

Pennies are looking very good ;)


18 posted on 11/08/2010 9:47:23 AM PST by Jane Long (2 Chron 7:14)
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To: blam; RobRoy; Nachum; Nam Vet

Kitco being hacked? Anyone else getting this message?

BitDefender 2011

This web page has been blocked by BitDefender Antivirus Real-time Protection!

The web page blocked by BitDefender included objects that were either infected or likely to be infected with a virus. Your system has NOT been infected.


19 posted on 11/08/2010 9:47:35 AM PST by panaxanax (IMPEACH THE MUSLIM MARXIST....NOW!!!)
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To: Toddsterpatriot

So there’s no difference between now and two years ago? Timing might be off, but the money we have now, they are printing like water out of thin air backed by nothing but ‘confidence’ in the USA. Why do you think they stopped reporting M3 under Bush?


20 posted on 11/08/2010 9:48:00 AM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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