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Goldman Hikes Its 12 Month Gold Price Target From $1,735 To $1,830
Zero Hedge ^ | 8/711 | Tyler Durden

Posted on 08/07/2011 8:59:35 PM PDT by Nachum

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To: Terry Mross

NE Tx 50 mi NE of Dallas


61 posted on 08/07/2011 9:59:22 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: Terry Mross
Hang tight, Terry. You're already ahead of the game. You've got food, guns, ammo, and God. Start talking, I mean seriously talking, with your friends and neighbors. It's not enough to prepare alone...others have to be with you.

That way, if you can't head for the hills, you can stand your ground with a group to support you.

62 posted on 08/07/2011 10:00:33 PM PDT by TheWriterTX (Buy Ammo Often,)
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To: Terry Mross

Gold is vibrating, +/- a couple of bucks, at the highest rate ever.


63 posted on 08/07/2011 10:00:59 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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To: TheWriterTX

5% is not to terrible, dow futures holding steady at -281, gold holding at 1700 so maybe tomorrow will just be a bad day and not the end of the world as we know it. But then there is still Europe to come on line, oh well.


64 posted on 08/07/2011 10:01:21 PM PDT by jpsb
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To: mylife

You’re already “in the hills”. I’m in the Houston metro area. Only 30 miles from downtown.


65 posted on 08/07/2011 10:01:41 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: All

66 posted on 08/07/2011 10:02:16 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: TheWriterTX; mylife

Good advice.

mylife, at least I’m on one of the “good” sides of town.


67 posted on 08/07/2011 10:02:58 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: roadcat

Good idea, I am going shopping tomorrow too.


68 posted on 08/07/2011 10:03:42 PM PDT by jpsb
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To: mylife

What I mean is not near Sheila Jackson Lee’s district.


69 posted on 08/07/2011 10:03:56 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Terry Mross

Naw, I am in the plains, but the hills are just 200 mi away in Arkansee


70 posted on 08/07/2011 10:04:04 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: editor-surveyor

Yep. Back up over $1702

I’ve got to go to bed. Maybe wake up in the morning and this will have all been a bad dream.


71 posted on 08/07/2011 10:05:35 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Terry Mross

Seoul Composite is getting hammered down 7.5%


72 posted on 08/07/2011 10:05:37 PM PDT by jpsb
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To: mylife

Rural Arkansas is where I was raised. That’s where I plan on running to one day soon. If travel isn’t restricted.

I just remembered. I’ve got a stress test Tuesday. This crap can’t help that.


73 posted on 08/07/2011 10:06:45 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Terry Mross
Hang tight, Terry. You're already ahead of the game. You've got food, guns, ammo, and God. Start talking, I mean seriously talking, with your friends and neighbors. It's not enough to prepare alone...others have to be with you.

That way, if you can't head for the hills, you can stand your ground with a group to support you.

74 posted on 08/07/2011 10:07:15 PM PDT by TheWriterTX (Buy Ammo Often,)
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To: jpsb

My wife said “The U.S. is the last dominoe in the line.”


75 posted on 08/07/2011 10:07:39 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: mylife

Gold wont mean s*** if you cant keep it.


Language please.

Why would any rational person be more worried about “keeping” gold than not owning it in the first place?


76 posted on 08/07/2011 10:08:46 PM PDT by Atlas Sneezed (Government borrowing is Taxation without Representation)
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To: Beelzebubba

What he’s saying is you need a way to defend it if you own it. ammo


77 posted on 08/07/2011 10:09:57 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Terry Mross

BTW the plains here are under extreme duress.
The drought is killing the ranchers. They cant afford to feed the cows so they are selling them off for slaughter.
Thats going to drive the price of beef down for a while temporarily.

I am going to buy a load of tinned beef when that happens.

I suspect commodities will just go higher and higher.
Crops are failing all over the place
Hay is $80 a roll


78 posted on 08/07/2011 10:09:57 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: Terry Mross

True, the markets are reacting to fear of a recession in the USA and a possible collapse of banking in Europe. I am very curious what the European markets are going to do. Asia except for depending on exports is in pretty good shape. USA except for recession is in OK shape, Europe not so much.


79 posted on 08/07/2011 10:11:28 PM PDT by jpsb
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To: mylife

Last Sunday the wife and I took a little country drive. Went to Bryan/College Station, then over to Caldwell then back to Houston. Saw one pasture with cattle in it. Lots of hay. All the fields are parched. 97% of Texas is in extreme drought conditions.


80 posted on 08/07/2011 10:12:46 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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