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Spot Gold Passes $1640
zero hedge ^
| Tyler Durden
Posted on 08/02/2011 10:20:58 AM PDT by Nachum
Nobody could have foreseen the "tradition" being a safe haven escape to all the other "traditional" fiat-based garbage available to investors. Nobody. Next stop: $1950.
(Excerpt) Read more at zerohedge.com ...
TOPICS: News/Current Events
KEYWORDS: gold; passes; spot
Yee haw. Ride 'em cowboy.
posted on 08/02/2011 10:21:01 AM PDT
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
posted on 08/02/2011 10:22:07 AM PDT
(The complete Obama list at www.nachumlist.com)
GOP/RINOs keep up the good work of spending TRILLIONS more then who knows, $2,000, $4,000, $10,000 per ounce.
this train ain't stoppin'
Silver and Gold, Silver and Gold....
posted on 08/02/2011 10:24:32 AM PDT
posted on 08/02/2011 10:27:06 AM PDT
(Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
Loaded up on gold and silver in December.
Silver is still under pressure not to rise much about $40, and looks like the better buy.
posted on 08/02/2011 10:28:06 AM PDT
by Atlas Sneezed
(Government borrowing is Taxation without Representation)
I am going out later today to buy some more sliver, I wish I had more money to do so, but (thanks to Ubama) I am a High Earner and need "to chip in my fair share to the government, you know for medical research"
So I will buy what I can, and see my dream of a specially made in the USA Panasonic Flat Screen TV go out the window, Thanks Ubama YOU F******g SUCK!
posted on 08/02/2011 10:29:25 AM PDT
(If Sarah can't be elected in 2012, then Phase II will fall into place, may G-D have mercy on us all)
posted on 08/02/2011 10:51:34 AM PDT
(Donations make Expat Better!)
Gee. I wonder what is causing gold to keep setting new all time highs.
Let us not overlook bond prices. Those prices are about to reach all time highs.
Could the gold and treasury bond price increases have anything to do with the US Treasury selling trillions of bonds and the Federal Reserve buying those bonds???
Where did all the posters go, the ones who not that long ago came on every thread mentioning precious metals to mock investors in them?
ZH today is doomer heaven.
posted on 08/02/2011 11:11:44 AM PDT
("Peace is a racket", testimony from crime boss Barrack Hussein Obama.)
Bummer - had to sell at 1530 and then shortly later received a large bonus that would have made that unnecessary. Such is life.
posted on 08/02/2011 11:21:58 AM PDT
On the bright side of all this, had I invested everything I could spare when gold was at $1000, I'd have about $1640 right now (minus commissions). So I didn't lose out on that much.
posted on 08/02/2011 12:38:40 PM PDT
by Tanniker Smith
(I didn't know she was a liberal when I married her.)
They all lost their jobs when Tony Weiner lost his.
posted on 08/02/2011 12:40:51 PM PDT
by WOBBLY BOB
( "I don't want the majority if we don't stand for something"- Jim Demint)
To: WOBBLY BOB
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